Skip to content

MEDI-L

Active
Private limited companyfounded 199926 yrs activeJ. Vander Vekenstraat 63, 1780 Wemmel, BelgiumKBO/BCE: BE 0467.064.106
Summary

MEDI-L has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €344,831 and a net result of €7,138. Equity is growing by ~16.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability71▼-23
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 8.49 against 7.76 in 2023; short-term debt: 10.1% and cash: 19.1% of total assets), and 10.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
59 d late
2022
5 d late
2021
on the day
2020
58 d late
2019
423 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 14 October 1999, MEDI-L was incorporated.1 Total assets went from EUR 453,335 in 2018 to EUR 383,428 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€471,350
EBIT margin
24.3%
Net result
€7,138▼ 91.7%
2023 · €85,547
Working capital
€289,041▼ 17.0%
2023 · €348,372
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€471,350
Operating result€142,459€57,321▼ 59.8%€63,027▲ 10.0%€114,362▲ 81.4%€24,832▼ 78.3%
Net result€105,501€42,424▼ 59.8%€45,786▲ 7.9%€85,547▲ 86.8%€7,138▼ 91.7%
EBIT margin24.3%
Equity€242,052▲ 77.3%€284,476▲ 17.5%€330,262▲ 16.1%€415,809▲ 25.9%€344,831▼ 17.1%
Total assets€382,884▲ 62.7%€382,714=€376,638▼ 1.6%€467,333▲ 24.1%€383,428▼ 18.0%
Debt€140,833▲ 42.5%€98,238▼ 30.2%€46,377▼ 52.8%€51,524▲ 11.1%€38,596▼ 25.1%
Working capital€221,597▲ 101%€220,792▼ 0.4%€275,921▲ 25.0%€348,372▲ 26.3%€289,041▼ 17.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €142,459€142,459Net result 2020: €105,501€105,501Operating result 2021: €57,321€57,321Net result 2021: €42,424€42,424Operating result 2022: €63,027€63,027Net result 2022: €45,786€45,786Operating result 2023: €114,362€114,362Net result 2023: €85,547€85,547Operating result 2024: €24,832€24,832Net result 2024: €7,138€7,13820202021202220232024€0€50,000€100,000Operating result 2022: €63,027€63,000Net result 2022: €45,786€45,800Operating result 2023: €114,362€114,000Net result 2023: €85,547€85,500Operating result 2024: €24,832€24,800Net result 2024: €7,138€7,140202220232024
The operating result falls in 2024; 2024 is 78% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €383,428
Fixed assets €55,790 ▼ 17.3%
Current assets €327,638 ▼ 18.1%
Equity and liabilities €383,428
Equity €344,831 ▼ 17.1%
Debt €38,596 ▼ 25.1%
Debt's share of the balance-sheet total falls from 11.0% to 10.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43,612▼
2023 · €131,089
Cash flow
€25,918▼
2023 · €102,274
Current ratio
8.49▲
2023 · 7.76
Debt to equity
0.11▼
2023 · 0.12
ROE
2.1%▼
2023 · 20.6%
ROA
1.9%▼
2023 · 18.3%
Interest coverage
39.05▼
2023 · 202.34
Debt ≤ 1 year
€38,596▼
2023 · €51,524
Income taxes
€17,035▼
2023 · €28,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,039 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 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€467,333€383,428▼
Fixed assets21/28€67,437€55,790▼
Tangible fixed assets22/27€67,437€55,790▼
Furniture and vehicles24€26,571€20,479▼
Other tangible fixed assets26€40,866€35,311▼
Current assets29/58€399,896€327,638▼
Amounts receivable within one year40/41€32,841€26,156▼
Trade receivables40€30,841€26,156▼
Other amounts receivable41€2,000-
Current investments50/53€53,911€225,865▲
Cash at bank and in hand54/58€308,280€73,268▼
Deferred charges and accrued income490/1€4,864€2,348▼
Equity and liabilities
Total equity and liabilities10/49€467,333€383,428▼
Equity10/15€415,809€344,831▼
Contributions10/11€6,667€6,667=
Reserves13€28,871€28,871=
Non-distributable reserves130/1€10,371€10,371=
Reserves not available under the articles1311€10,371€10,371=
Tax-exempt reserves132€18,500€18,500=
Profit (loss) carried forward14€380,271€309,293▼
Amounts payable17/49€51,524€38,596▼
Amounts payable within one year42/48€51,524€38,596▼
Financial debts43€10,000€10,000=
Credit institutions430/8€10,000€10,000=
Trade debts44€12,098€12,236▲
Suppliers440/4€12,098€12,236▲
Taxes, remuneration and social security45€29,426€16,344▼
Taxes450/3€29,314€14,929▼
Remuneration and social security454/9€112€1,415▲
Other amounts payable47/48-€17
Income statement Code20232024
Turnover70€471,350-
Goods, raw materials, services and sundry goods60/61€371,035-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,727€18,780▲
Other operating charges640/8€590€568▼
Non-recurring operating charges66A€294€5▼
Gross operating margin9900€131,973€44,186▼
Operating profit (loss)9901€114,362€24,832▼
Financial income75/76B€383€458▲
Recurring financial income75€383€458▲
Financial charges65/66B€648€1,117▲
Recurring financial charges65€648€1,117▲
Profit (loss) for the period before taxes9903€114,097€24,174▼
Income taxes67/77€28,550€17,035▼
Profit (loss) for the period9904€85,547€7,138▼
Profit (loss) for the period to be appropriated9905€85,547€7,138▼
Appropriation of the result
Profit (loss) to be appropriated9906€380,271€387,409▲
Profit (loss) brought forward from the previous period14P€294,724€380,271▲
Profit to be distributed694/7-€78,116
Return on contributions (dividend)694-€78,116

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€471,350--
Goods, raw materials, services and sundry goods60/61---€371,035--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,151€19,362€15,881€16,727€18,780▲ 12.3%
Other operating charges640/8-€563€188€590€568▼ 3.7%
Non-recurring operating charges66A-€53€211€294€5▼ 98.3%
Gross operating margin9900€158,581€77,299€79,307€131,973€44,186▼ 66.5%
Operating profit (loss)9901€142,459€57,321€63,027€114,362€24,832▼ 78.3%
Financial income75/76B-€75€0€383€458▲ 19.5%
Recurring financial income75€1€75€0€383€458▲ 19.5%
Financial charges65/66B-€589€862€648€1,117▲ 72.4%
Recurring financial charges65€711€589€862€648€1,117▲ 72.4%
Profit (loss) for the period before taxes9903€141,749€56,806€62,165€114,097€24,174▼ 78.8%
Income taxes67/77€36,249€14,382€16,379€28,550€17,035▼ 40.3%
Profit (loss) for the period9904€105,501€42,424€45,786€85,547€7,138▼ 91.7%
Profit (loss) for the period to be appropriated9905€105,501€42,424€45,786€85,547€7,138▼ 91.7%
Line20202021202220232024Change
Assets
Total assets20/58€382,884€382,714€376,638€467,333€383,428▼ 18.0%
Fixed assets21/28€23,339€63,684€54,341€67,437€55,790▼ 17.3%
Tangible fixed assets22/27€23,339€63,684€54,341€67,437€55,790▼ 17.3%
Furniture and vehicles24-€38,901€31,683€26,571€20,479▼ 22.9%
Other tangible fixed assets26-€24,784€22,657€40,866€35,311▼ 13.6%
Current assets29/58€359,546€319,030€322,298€399,896€327,638▼ 18.1%
Amounts receivable within one year40/41€5,910€5,827€37,418€32,841€26,156▼ 20.4%
Trade receivables40-€5,827€27,255€30,841€26,156▼ 15.2%
Other amounts receivable41--€10,164€2,000--
Current investments50/53€82,642€82,642€53,642€53,911€225,865▲ 319%
Cash at bank and in hand54/58€267,666€227,932€228,560€308,280€73,268▼ 76.2%
Deferred charges and accrued income490/1-€2,628€2,678€4,864€2,348▼ 51.7%
Equity and liabilities
Total equity and liabilities10/49€382,884€382,714€376,638€467,333€383,428▼ 18.0%
Equity10/15€242,052€284,476€330,262€415,809€344,831▼ 17.1%
Contributions10/11-€6,667€6,667€6,667€6,667=
Reserves13€28,871€28,871€28,871€28,871€28,871=
Non-distributable reserves130/1-€10,371€10,371€10,371€10,371=
Reserves not available under the articles1311-€10,371€10,371€10,371€10,371=
Tax-exempt reserves132-€18,500€18,500€18,500€18,500=
Profit (loss) carried forward14€206,514€248,938€294,724€380,271€309,293▼ 18.7%
Amounts payable17/49€140,833€98,238€46,377€51,524€38,596▼ 25.1%
Amounts payable after more than one year17€2,884-----
Amounts payable within one year42/48€137,948€98,238€46,377€51,524€38,596▼ 25.1%
Current portion of amounts payable after more than one year42-€3,086----
Financial debts43-€10,000€10,000€10,000€10,000=
Credit institutions430/8-€10,000€10,000€10,000€10,000=
Trade debts44€13,639€43,625€10,911€12,098€12,236▲ 1.1%
Suppliers440/4-€43,625€10,911€12,098€12,236▲ 1.1%
Taxes, remuneration and social security45-€38,382€25,261€29,426€16,344▼ 44.5%
Taxes450/3-€36,382€23,261€29,314€14,929▼ 49.1%
Remuneration and social security454/9-€2,000€2,000€112€1,415▲ 1,165%
Other amounts payable47/48-€3,145€204-€17-
Line20202021202220232024Change
Profit (loss) for the period9904€105,501€42,424€45,786€85,547€7,138▼ 91.7%
+ Depreciation and write-downs630€15,151€19,362€15,881€16,727€18,780▲ 12.3%
Operating cash flow (approximation)€120,651€61,786€61,667€102,274€25,918▼ 74.7%
Investment in fixed assets (approximation)--€59,707-€6,537-€29,824-€7,133▲ 76.1%
Change in cash--€39,734€627€79,720-€235,011▼ 395%

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
28-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
05-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
31-12
Financial Liquidity doublescurrent ratio 6.95
Current ratio from 3.25 to 6.95; short-term debt falls from €98,238 to €46,377.
31-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
27-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 423 days late
2020
31-12
Financial Back to profitnet €105,501
Net result €105,501 after one loss-making year.
31-12
Financial Equity above €200,000Eq €242,052 ▲77.3%
Equity rises from €136,551 to €242,052.
2019
31-12
Financial Weakest financial yearnet -€16,187
Net result drops to -€16,187, the lowest in the series; recovery starts the following year.
08-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
26-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
04-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Wemmel
exact location from the address register On OpenStreetMap
Ground area
1,404 m²
Building footprint
393 m²
Volume, LiDAR
1,109 m³
Parcel 22662B0257/00T000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0257/00T000 Flanders 1,404 m² 1 · 393 m² 4.9 m · 1 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded14-10-1999
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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