Skip to content

MEDEA

Active Private limited companyfounded 2003active for 23 yearsSmedenstraat 54, 8000 BrugesKBO/BCE: BE 0859.681.997

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2005
peak €106,154 (2024)
€97,176▲ 14.4%
peak €54,799 (2008)
€33,075▲ 20.5%
peak €392,424 (2026)
€392,424▲ 9.2%
€178,653▲ 6.2%
peak 0.4 FTE (2015)
-not published
Board1 name since 2022
1 director
Documentsfilings and deeds
26-10-20265 days before the deadline
2026micro format
Gross margin from €84,933 to €97,176Cash from €617 to €1,475

Key points

from the 2026 annual accounts

Equity

€392,424 ▲ 9.2%

MEDEA has made a profit in every financial year since 2007.

Turnover

≈ €470,000 estimated

The micro format states no turnover.

Position in the sector

€392,424

More equity than 91% of companies in retail trade. Sector median €63,664 · 886 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as MEDEA has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for MEDEA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0859681997
Resignation: (manager) Reappointment: (director) · Director discharge: · General meeting of 22-05-2023 · Gazette deed
Incorporation published on 25-07-2003 · Gazette deed
First establishment Smedenstraat 54, Bruges
All 31 events

Comparable companies

same main activity, similar in size and age
Company
MEDEA Bruges €571,077 €97,176 68.7% -
BALINA Hannut €601,378 €102,181 20.2% -
B - NICK Koksijde €500,842 €120,912 53.2% -
CONCRETO Keerbergen €536,980 €81,390 40.7% -
CI-DESSOUS Uccle €448,018 €92,500 40.5% -
HANSO Uccle €652,354 €129,849 73.4% -
LINGERIE MC Lanaken €609,015 €131,374 44.6% -

These companies have the same main activity as MEDEA: retail trade (NACE 47714). They are comparable in size and age: total assets between €448,000 and €652,000, founded between 1999 and 2006.

Official details

Source: KBO
Status
Active since 17-07-2003Normal situation
Activity
Retail tradeNACE 47714
Joint committee
201Independent retail · annual accounts 31-01-2023
Establishment unit
2.132.347.9318000 Bruges, since 17-07-2003
Financial year end
31 March
Peppol
Reachable since 03-01-2025
Company details

Annual accounts to 31-03-2026

€571,077▲ 8.3%
Employeeson 31-03-2026
0
Filing
Filed on 26-10-2026, 5 days before the end of the filing period
Financials

Insights on MEDEA

MEDEA files the micro format. That format states no turnover. The gross margin rose from €37,229 in 2007 to €97,176 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MEDEA

What is the company number of MEDEA?
The company number of MEDEA is 0859.681.997. The VAT number is the same number with BE in front: BE 0859.681.997.
Where is MEDEA based?
The registered office is at Smedenstraat 54, 8000 Bruges.Company details
What does MEDEA do?
According to the KBO register, the main activity is retail trade (NACE 47714).
What is the legal form of MEDEA?
MEDEA is a private limited company (BV).
When was MEDEA founded?
MEDEA was founded on 17-07-2003.
Is MEDEA still active?
Yes, MEDEA is an active enterprise in the KBO register.
How many employees does MEDEA have?
MEDEA had an average of 0.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does MEDEA fall under?
In its 31-01-2023 annual accounts, MEDEA states joint committee 201 (Independent retail).
What is the turnover of MEDEA?
The turnover in financial year 2026 is ≈ €470,000. This figure is estimated from the gross margin of €97,176 and 45 comparable companies (NACE 477). It probably lies between €250,000 and €630,000.
Is MEDEA profitable?
In financial year 2026, MEDEA made a profit of €33,075.
Where can I find the annual accounts of MEDEA?
MEDEA filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of MEDEA due?
MEDEA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.