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MEDEOR

Active
Private limited companyfounded 20188 yrs activeMeiboomlaan 1, 8800 Roeselare, BelgiumKBO/BCE: BE 0696.943.614

MEDEOR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €61k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency51▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.64 in 2023; short-term debt: 74.4% and cash: 27.6% of total assets), and 74.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Sector 75
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
25.6%
Return on assets
40.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1470 sector peers (2024).
NBB · sector comparison
Position among 1470 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
27 d late
2022
4 d early
2021
23 d early
2020
31 d late
2019
35 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€39k=
2023 · €39k
2018: €13k 2019: €23k 2020: €41k 2021: €63k 2022: €56k 2023: €39k
2018 → 2024
Total assets
€151k▼ 0.6%
2023 · €152k
2018: €205k 2019: €189k 2020: €208k 2021: €140k 2022: €172k 2023: €152k
2018 → 2024
Net result
€61k▲ 8.2%
2023 · €56k
2018: €563 2019: €11k 2020: €18k 2021: €23k 2022: €53k 2023: €56k
2018 → 2024
Working capital
€-35k▲ 13.2%
2023 · €-40k
2018: €-107k 2019: €-106k 2020: €-61k 2021: €-18k 2022: €2k 2023: €-40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€41k-€63k▲ 54.2%€56k▼ 10.1%€39k▼ 31.7%€39k=
Operating result€24k-€30k▲ 24.6%€68k▲ 129%€71k▲ 4.5%€78k▲ 8.5%
Net result€18k-€23k▲ 26.3%€53k▲ 133%€56k▲ 5.0%€61k▲ 8.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €24k€24kNet result 2020: €18k€18kOperating result 2021: €30k€30kNet result 2021: €23k€23kOperating result 2022: €68k€68kNet result 2022: €53k€53kOperating result 2023: €71k€71kNet result 2023: €56k€56kOperating result 2024: €78k€78kNet result 2024: €61k€61k20202021202220232024
The operating result has risen four years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151k
Fixed assets €74k▼ 6.7%
Current assets €77k▲ 6.1%
Equity and liabilities €151k
Equity €39k=
Debt €112k▼ 0.8%
The debt ratio falls from 74.5% to 74.4%. Debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€93k
2023 · €93k
Cash flow
€75k
2023 · €78k
Solvency
25.6%
2023 · 25.5%
Current ratio
0.69
2023 · 0.64
Quick ratio
0.51
2023 · 0.38
Debt / equity
2.90
2023 · 2.93
ROE
156.8%
2023 · 144.9%
ROA
40.2%
2023 · 36.9%
Interest coverage
64.85
2023 · 58.05
Debt
€112k
2023 · €113k
Debt ≤ 1 year
€112k
2023 · €113k
Income taxes
€16k
2023 · €14k
Staff costs
€38k
2023 · €48k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€152k€151k
Fixed assets21/28€79k€74k
Tangible fixed assets22/27€79k€74k
Plant, machinery and equipment23€46k€42k
Furniture and vehicles24€2k€4k
Leasing and similar rights25€0-
Other tangible fixed assets26€31k€28k
Current assets29/58€73k€77k
Stocks and contracts in progress3€30k€20k
Stocks30/36€30k€20k
Amounts receivable within one year40/41€9k€15k
Trade receivables40€977€3k
Other amounts receivable41€8k€12k
Cash at bank and in hand54/58€33k€42k
Deferred charges and accrued income490/1€553€879
Equity and liabilities
Total equity and liabilities10/49€152k€151k
Equity10/15€39k€39k=
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€113k€112k
Amounts payable within one year42/48€113k€112k
Trade debts44€28k€37k
Suppliers440/4€28k€37k
Taxes, remuneration and social security45€6k€12k
Taxes450/3€637€709
Remuneration and social security454/9€5k€11k
Other amounts payable47/48€79k€63k
Income statement Code20232024
Remuneration, social security and pensions62€48k€38k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€15k
Other operating charges640/8€549€513
Gross operating margin9900€142k€132k
Operating profit (loss)9901€71k€78k
Financial income75/76B€12€304
Recurring financial income75€12€304
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€70k€76k
Income taxes67/77€14k€16k
Profit (loss) for the period9904€56k€61k
Profit (loss) for the period to be appropriated9905€56k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€56k€61k
Transfer from equity791/2€18k€0
Profit to be distributed694/7€74k€61k
Return on contributions (dividend)694€74k€61k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €61k ▲8.2%
Operating result €78k, net result €61k, both a record.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Roeselare · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Meiboomlaan 18800 Roeselare
Ground area
1,085 m²
Building footprint
133 m²
Volume, LiDAR
1,375 m³
Parcel 36503C0983/00H002, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEDEOR
Meiboomlaan 1, 8800 RoeselareVeterinary services
since 20182.277.345.313
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36503C0983/00H002 Flanders 1,085 m² 1 · 133 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 6,078 companies in sector 75000 we hold annual accounts for 1,950. 1,552 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-05-2018
Fiscal year end31-12
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.