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MEDEMA

Active
Private limited companyfounded 20233 yrs activeRue des Chênes (MOL) 19 A, 7760 Celles (lez-Tournai), BelgiumKBO/BCE: BE 0804.634.004
Summary

The computed 12-month bankruptcy probability of MEDEMA is 3.1% (moderate). The 2024 annual accounts show equity of €48,855 and a net result of €44,755. Its solvency ranks better than 80% of 36380 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 3.91; short-term debt: 25.4% and cash: 52.6% of total assets), and 25.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MEDEMA was incorporated on 8 August 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€48,855
Total assets
€65,525
Net result
€44,755
Working capital
€48,455

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €65,525
Fixed assets €400
Current assets €65,125
Equity and liabilities €65,525
Equity €48,855
Debt €16,671
Debt finances 25.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€60,119
Cash flow
€45,588
Current ratio
3.91
Debt to equity
0.34
ROE
91.6%
ROA
68.3%
Interest coverage
41.37
Debt ≤ 1 year
€16,671
Income taxes
€13,077

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€65,525
Fixed assets21/28€400
Financial fixed assets28€400
Current assets29/58€65,125
Amounts receivable within one year40/41€30,627
Trade receivables40€28,704
Other amounts receivable41€1,923
Cash at bank and in hand54/58€34,498
Equity and liabilities
Total equity and liabilities10/49€65,525
Equity10/15€48,855
Contributions10/11€5,000
Reserves13€43,500
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€43,000
Profit (loss) carried forward14€355
Amounts payable17/49€16,671
Amounts payable within one year42/48€16,671
Trade debts44€3,019
Suppliers440/4€3,019
Taxes, remuneration and social security45€11,812
Taxes450/3€11,812
Other amounts payable47/48€1,839
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€834
Gross operating margin9900€60,119
Operating profit (loss)9901€59,285
Financial charges65/66B€1,453
Recurring financial charges65€1,453
Profit (loss) for the period before taxes9903€57,832
Income taxes67/77€13,077
Profit (loss) for the period9904€44,755
Profit (loss) for the period to be appropriated9905€44,755
Appropriation of the result
Profit (loss) to be appropriated9906€44,755
Transfer to equity691/2€43,500
To the legal reserve6920€500
To other reserves6921€43,000
Profit to be distributed694/7€900
Return on contributions (dividend)694€900

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€834
Gross operating margin9900€60,119
Operating profit (loss)9901€59,285
Financial charges65/66B€1,453
Recurring financial charges65€1,453
Profit (loss) for the period before taxes9903€57,832
Income taxes67/77€13,077
Profit (loss) for the period9904€44,755
Profit (loss) for the period to be appropriated9905€44,755
Line2024
Assets
Total assets20/58€65,525
Fixed assets21/28€400
Financial fixed assets28€400
Current assets29/58€65,125
Amounts receivable within one year40/41€30,627
Trade receivables40€28,704
Other amounts receivable41€1,923
Cash at bank and in hand54/58€34,498
Equity and liabilities
Total equity and liabilities10/49€65,525
Equity10/15€48,855
Contributions10/11€5,000
Reserves13€43,500
Non-distributable reserves130/1€500
Reserves not available under the articles1311€500
Distributable reserves133€43,000
Profit (loss) carried forward14€355
Amounts payable17/49€16,671
Amounts payable within one year42/48€16,671
Trade debts44€3,019
Suppliers440/4€3,019
Taxes, remuneration and social security45€11,812
Taxes450/3€11,812
Other amounts payable47/48€1,839
Line2024
Profit (loss) for the period9904€44,755
+ Depreciation and write-downs630€834
Operating cash flow (approximation)€45,588

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Celles (lez-Tournai) · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
844 m²
Building footprint
75 m²
Parcel 57054C0457/00M002, Wallonia. Linked by address, not a title deed.
1 establishment unit
MEDEMA
Rue des Chênes (MOL) 19 A, 7760 Celles (lez-Tournai)Joinery installation
since 20232.348.144.920
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57054C0457/00M002 Wallonia 844 m² 1 · 75 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,386 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804634004
Also 9925:BE0804634004
Registered 11-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.