MEDETRA
Open bankruptcyA bankruptcy procedure is open for MEDETRA according to publications in the Belgian State Gazette; curator: Gerry VERSCHUREN.
Summary
The 2023 annual accounts show equity of €109k and a net result of €46k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-10-2024, 69 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
69 d late
2022
86 d late
2021
88 d late
2020
102 d late
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€228k▲ 6.1%
2022 · €215k
2018: €129k
2019: €156k
2020: €148k
2021: €167k
2022: €215k
2018 → 2023
EBIT margin
21.9%▲ 8.7pp
2022 · 13.2%
2018: 2.9%
2019: 9.8%
2020: 7.2%
2021: 6.1%
2022: 13.2%
2018 → 2023
Net result
€46k▲ 82.8%
2022 · €25k
2018: €3k
2019: €15k
2020: €2k
2021: €3k
2022: €25k
2018 → 2023
Working capital
€108k▲ 82.1%
2022 · €59k
2018: €17k
2019: €40k
2020: €40k
2021: €37k
2022: €59k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€156k-€148k▼ 5.0%€167k▲ 13.2%€215k▲ 28.7%€228k▲ 6.1%
Equity€33k-€35k▲ 5.2%€38k▲ 9.5%€63k▲ 66.8%€109k▲ 73.2%
Operating result€15k-€11k▼ 29.7%€10k▼ 4.7%€28k▲ 179%€50k▲ 76.5%
Net result€15k-€2k▼ 88.5%€3k▲ 91.7%€25k▲ 670%€46k▲ 82.8%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 76% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €112k
Fixed assets
€2k ▼ 61.0%
Current assets
€111k ▲ 86.9%
Equity and liabilities €112k
Equity
€109k ▲ 73.2%
Debt
€3k ▲ 5,992%
Debt's share of the balance-sheet total rises from 0.1% to 2.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2022 · €31k
Cash flow
€49k▲
2022 · €28k
Current ratio
37.85
Quick ratio
36.35
Debt to equity
0.03▲
2022 · 0.00
ROE
42.3%▲
2022 · 40.1%
ROA
41.2%▲
2022 · 40.0%
Interest coverage
25.47▲
2022 · 12.76
Debt ≤ 1 year
€3k▲
2022 · €48
Income taxes
€5k▲
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€63k€112k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€3k€1k▼
Financial fixed assets28-€100
Current assets29/58€59k€111k▲
Stocks and contracts in progress3€558€4k▲
Stocks30/36€558€4k▲
Amounts receivable within one year40/41€32k€100k▲
Other amounts receivable41€32k€100k▲
Cash at bank and in hand54/58€26k€6k▼
Equity and liabilities
Total equity and liabilities10/49€63k€112k▲
Equity10/15€63k€109k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€601€601=
Non-distributable reserves130/1€601€601=
Legal reserve130€601€601=
Profit (loss) carried forward14€44k€90k▲
Amounts payable17/49€48€3k▲
Amounts payable within one year42/48€48€3k▲
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€48€124▲
Taxes450/3-€76
Remuneration and social security454/9€48€48=
Income statement
Code20222023
Turnover70€215k€228k▲
Goods, raw materials, services and sundry goods60/61€184k€175k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€892€697▼
Gross operating margin9900€32k€53k▲
Operating profit (loss)9901€28k€50k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€27k€51k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€25k€46k▲
Profit (loss) for the period to be appropriated9905€25k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€90k▲
Profit (loss) brought forward from the previous period14P€19k€44k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MEDETRA BV GENDEBIEN- STRAAT 4, 1030 Schaarbeek · event 22-07-2026
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Highest result since 2018net €46k ▲82.8%
Operating result €50k, net result €46k, both a record.
31-12
Financial
Equity above €100kEq €109k ▲73.2%
6 profitable years in a row build equity to €109k.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 86 days late
2022
31-12
Financial
Liquidity times 68current ratio 1233.85
Current ratio from 18.11 to 1233.85; short-term debt falls from €2k to €48.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 88 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 102 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼88.5%
Net result drops to €2k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 27.92
Current ratio from 9.62 to 27.92; short-term debt falls from €5k to €1k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity doublescurrent ratio 9.62
Current ratio from 4.72 to 9.62.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 120 days late
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Schaarbeek
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.
Gendebienstraat 41030 SchaarbeekGround area
50 m²
Building footprint
42 m²
Volume, LiDAR
546 m³
Parcel 21909E0031/00P010, Brussels · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21909E0031/00P010 | Brussels | 50 m² | 1 · 42 m² | 16.0 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
22-07-2026 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 7,704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.