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MEDEC INTERNATIONAL

Active
Private limited companyfounded 2019active for 7 yearsWijngaardveld 14, 9300 Aalst, BelgiumKBO/BCE: BE 0727.935.906
Summary

The computed 12-month bankruptcy probability of MEDEC INTERNATIONAL is 3.1% (moderate). The 2025 annual accounts show equity of €386,160 and a net result of -€879,097. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 30% of 12,686 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
NACE 47741Manufacture of medical and dental instruments and supplies NACE 32500
1 site
Size
€2.2mturnover 2025
Staff
13.4 FTE
Equity
€386,160
Loss
-€879,097
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Structure
2025 accounts 25 days early3 of 7 deeds summarised
Why 48raises riskLoss of €879,097, the second in a row (financial year 2025)1 of the last 3 lateSector: Retail trade (NACE 47)Equity €386,160 (19.3% of total assets)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Weak
Solvency 44-50
equity 19.3% of total assets
Liquidity 11-30
short-term debt 80.7% · cash 4.5%
Profitability 0=
return on assets -44.0%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025lowest value 03-2025: 1.6%▲ +0.2 percentage points vs 02-2025 04-2025: 1.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.9%▲ +0.1 percentage points vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.2 percentage points vs 06-2025 08-2025: 2.6%▲ +0.4 percentage points vs 07-2025 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 4.2%▲ +1.6 percentage points vs 09-2025 11-2025: 4.3%▲ +0.1 percentage points vs 10-2025 12-2025: 4.7%▲ +0.4 percentage points vs 11-2025 01-2026: 6.0%▲ +1.3 percentage points vs 12-2025 02-2026: 6.0%● unchanged vs 01-2026 03-2026: 6.0%● unchanged vs 02-2026 04-2026: 7.7%▲ +1.7 percentage points vs 03-2026highest value 05-2026: 7.7%● unchanged vs 04-2026highest value 06-2026: 7.6%▼ -0.1 percentage points vs 05-2026 07-2026: 7.6%● unchanged vs 06-2026 08-2026: 3.1%▼ -4.5 percentage points vs 07-2026 09-2026: 3.1%● unchanged vs 08-2026 10-2026: 3.1%● unchanged vs 09-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.75, compared with 2.27 in 2023, below 1; short-term debt: 80.7% and cash: 4.5% of total assets), and 80.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 34% on solvency, 9% on liquidity and 2% on profitability.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Loss of €879,097, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €386,160 (19.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
25 days early
2024
217 days late
2023
on the day
2022
46 days early
2021
17 days early
2020
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Shui Xi (director)Appointments: Ajay Jindal (director) and…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€879,097 View
  • Caution: Among the weakest 5% on net resultsector median €27,715 · 12,676 companies -€879,097 View
  • Board changedlatest change 23-09-2026 · 2 in office 2 joined · 1 left View
  • Flemish supportawarded from 2022 to 2025 €123,463 View

By topic

Financials

Financial year
2025
Turnover
€2.2m
Loss
-€879,097
Solvency
19.3%
Go to Financials

Timeline

Events
11
Since
2021
Next accounts
by 31-07-2027
  1. 31-07-2024Annual accounts filed
  2. 06-06-2024Resignations: Shui Xi, Gao Wenyou and 2…
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of medical and orthopaedic goods, excluding…NACE 47741
Founded
11-06-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Annual meeting
First Friday of June at 12:00
Purpose
“Alle verrichtingen die betrekking hebben op de productie/verkoop, onderhoud en…” (deed in Dutch)
Go to Articles of association

Key facts about MEDEC INTERNATIONAL

What is the company number of MEDEC INTERNATIONAL?
0727.935.906. In Belgium the VAT number is the company number with BE in front: BE 0727.935.906.
Where is MEDEC INTERNATIONAL based?
The registered office is at Wijngaardveld 14, 9300 Aalst.Company details
What does MEDEC INTERNATIONAL do?
According to the KBO register, the main activity is retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741).
What is the legal form of MEDEC INTERNATIONAL?
Private limited company (BV).
When was MEDEC INTERNATIONAL founded?
On 11-06-2019.
Is MEDEC INTERNATIONAL still active?
Yes, MEDEC INTERNATIONAL is an active enterprise in the KBO register.
How many employees does MEDEC INTERNATIONAL have?
On average 13.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MEDEC INTERNATIONAL?
€2.2m in financial year 2025, according to the filed annual accounts.
Is MEDEC INTERNATIONAL profitable?
In financial year 2025, MEDEC INTERNATIONAL made a loss of €879,097.
Where can I find the annual accounts of MEDEC INTERNATIONAL?
MEDEC INTERNATIONAL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEDEC INTERNATIONAL due?
By 31-07-2027, for financial year 2026.Timeline

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