MEDELO
ActiveMEDELO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €22k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-87
Solvency36▼-11
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days only on tighter terms
Liquidity short (current ratio 0.84 against 0.96 in 2024), and 73.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.1%
Return on assets
0.6%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
36 d early
2023
1 d early
2022
2 d early
2021
16 d early
2020
1 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▼ 4.1%
2024 · €1.05M
2018: €736k
2019: €778k
2020: €870k
2021: €961k
2022: €926k
2023: €931k
2024: €1.05M
2018 → 2025
Total assets
€3.87M▲ 11.6%
2024 · €3.47M
2018: €3.28M
2019: €3.28M
2020: €3.25M
2021: €3.09M
2022: €3.10M
2023: €3.49M
2024: €3.47M
2018 → 2025
Net result
€22k▼ 89.3%
2024 · €206k
2018: €87k
2019: €107k
2020: €157k
2021: €91k
2022: €-34k
2023: €5k
2024: €206k
2018 → 2025
Working capital
€-318k▼ 298%
2024 · €-80k
2018: €29k
2019: €171k
2020: €79k
2021: €1k
2022: €44k
2023: €-115k
2024: €-80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€961k-€926k▼ 3.6%€931k▲ 0.5%€1.05M▲ 13.0%€1.01M▼ 4.1%
Operating result€120k-€-28k€23k€289k▲ 1,163%€53k▼ 81.6%
Net result€91k-€-34k€5k€206k▲ 4,364%€22k▼ 89.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.87M
Fixed assets
€2.14M▲ 22.3%
Current assets
€1.73M▲ 0.7%
Equity and liabilities €3.87M
Equity
€1.01M▼ 4.1%
Debt
€2.86M▲ 18.5%
The debt ratio rises from 69.7% to 73.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€339k▼
2024 · €484k
Cash flow
€308k▼
2024 · €401k
Solvency
26.1%▼
2024 · 30.3%
Current ratio
0.84▼
2024 · 0.96
Quick ratio
0.44▼
2024 · 0.50
Debt / equity
2.84▲
2024 · 2.30
ROE
2.2%▼
2024 · 19.6%
ROA
0.6%▼
2024 · 5.9%
Interest coverage
11.36▼
2024 · 19.30
Debt
€2.86M▲
2024 · €2.42M
Debt ≤ 1 year
€2.05M▲
2024 · €1.80M
Debt > 1 year
€717k▲
2024 · €522k
Income taxes
€12k▼
2024 · €63k
Staff costs
€1.10M▲
2024 · €1.10M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.47M€3.87M▲
Fixed assets21/28€1.75M€2.14M▲
Tangible fixed assets22/27€1.45M€1.84M▲
Land and buildings22€1.07M€979k▼
Plant, machinery and equipment23€265k€746k▲
Furniture and vehicles24€39k€52k▲
Other tangible fixed assets26€74k€64k▼
Financial fixed assets28€302k€300k▼
Current assets29/58€1.72M€1.73M▲
Stocks and contracts in progress3€817k€827k▲
Stocks30/36€817k€827k▲
Amounts receivable within one year40/41€173k€246k▲
Trade receivables40€60k€39k▼
Other amounts receivable41€112k€207k▲
Cash at bank and in hand54/58€710k€638k▼
Deferred charges and accrued income490/1€17k€19k▲
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.87M▲
Equity10/15€1.05M€1.01M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€990k€947k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€23k€23k=
Distributable reserves133€960k€917k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.42M€2.86M▲
Amounts payable after more than one year17€522k€717k▲
Financial debts170/4€522k€717k▲
Amounts payable within one year42/48€1.80M€2.05M▲
Current portion of amounts payable after more than one year42€199k€243k▲
Trade debts44€1.36M€1.47M▲
Suppliers440/4€1.36M€1.47M▲
Taxes, remuneration and social security45€152k€166k▲
Taxes450/3€6k€4k▼
Remuneration and social security454/9€146k€161k▲
Other amounts payable47/48€85k€174k▲
Accrued charges and deferred income492/3€96k€97k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195k€286k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€17k€17k▼
Gross operating margin9900€1.60M€1.46M▼
Operating profit (loss)9901€289k€53k▼
Financial income75/76B€5k€11k▲
Recurring financial income75€5k€11k▲
Financial charges65/66B€25k€30k▲
Recurring financial charges65€25k€30k▲
Profit (loss) for the period before taxes9903€269k€34k▼
Income taxes67/77€63k€12k▼
Profit (loss) for the period9904€206k€22k▼
Profit (loss) for the period to be appropriated9905€206k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€206k€22k▼
Transfer from equity791/2-€43k
Transfer to equity691/2€121k€0▼
To other reserves6921€121k€0▼
Profit to be distributed694/7€85k€65k▼
Return on contributions (dividend)694€85k€65k▼
Social balance
Average headcount (FTE)908747.844.6▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €206k ▲4364%
Operating result €289k, net result €206k, both a record.
30-09
Financial
Equity above €1MEq €1.05M ▲13%
2 profitable years in a row build equity to €1.05M.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-34k ▼138%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2025
Filip DEFOIRDT
CurrentDirector · since 19-12-2025
PRO MELLO
CurrentDirector · since 03-06-2022 · Private limited company · perm. rep.: Mélanie LOOSVELDT
19-12-2025
Filip DEFOIRDT: Appointed as Director
19-12-2025
PRO-AD: Resigned as Director
03-06-2022
PRO MELLO: Appointed as Director
03-06-2022
PRO MELLO: Appointed as Managing director
03-06-2022
PRO-AD: Resigned as Managing director
Location & real-estate footprint
Registered office, Anzegem · 2 establishment units since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosstraat 208570 AnzegemGround area
1,654 m²
Building footprint
206 m²
Volume, LiDAR
893 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AD Delhaize (Medelo)
since 19882.039.153.992
AD Delhaize (Medelo)
since 20232.351.597.724
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0121/00K000 | Flanders | 956 m² | 1 · 85 m² | 6.9 m · 1 fl. |
| 34038B0054/00K002 | Flanders | 698 m² | 1 · 121 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HOSTE
BE 0442.783.917
Wevelgem · Eq €1.01M
AK-SEN
BE 0467.718.657
Liège · Eq €1.00M
AUTOSTRADE
BE 0446.880.780
Beernem · Eq €1.02M
SAREN
BE 0887.159.525
Beringen · Eq €1.00M
SPL RETAIL
BE 1005.840.213
Sint-Pieters-Leeuw · Eq €1.02M
Of 10,412 companies in sector 47110 we hold annual accounts for 5,787. 2,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-05-1988
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47114Supermarkets
52112
52114
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.