Financials
- Fiscal year
- 2024
- Total assets
- €37,772
- Profit
- €15,767
- Solvency
- -69.5%
Total assets▼ 32.0%
Net result
20222024
Medi Spa
ActiveSummary
The computed 12-month bankruptcy probability of Medi Spa is 5.8% (elevated). The 2024 annual accounts show negative equity (-€26,240) and a net result of €15,767. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 6162 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Day spas, saunas and steam baths
NACE 96230NACE 96040
1 site
Size
€37,772total assets 2024
- Equity
- -€26,240
- Profit
- €15,767
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 36- Figures for FY 2024 (filed 24-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 3 of the last 3 late- Founded in 2021- Liquidity: current ratio 0.01, cash €293, halvedShow the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 38% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -69.5% of total assets
Liquidity
23-1
short-term debt 54.0% · cash 0.8%
Profitability
69+14
return on assets 41.7%
Bankruptcy probability, 12 months
5.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 4.3%
10-2025: 3.4%▼ -20.3% vs 09-2025
11-2025: 3.4%● 0.0% vs 10-2025
12-2025: 3.3%▼ -3.2% vs 11-2025
01-2026: 3.3%▼ -0.9% vs 12-2025lowest value
02-2026: 3.3%● 0.0% vs 01-2026lowest value
03-2026: 3.3%▲ +1.5% vs 02-2026
04-2026: 3.3%▲ +0.1% vs 03-2026
05-2026: 3.4%▲ +2.7% vs 04-2026
06-2026: 3.5%▲ +2.9% vs 05-2026
07-2026: 3.5%▲ +0.9% vs 06-2026
08-2026: 4.3%▲ +19.7% vs 07-2026
09-2026: 4.6%▲ +7.1% vs 08-2026
10-2026: 5.8%▲ +27.3% vs 09-2026highest value
- Figures for FY 2024 (filed 24-09-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 3 of the last 3 late raises the probability
- Founded in 2021 raises the probability for this profile
- Liquidity: current ratio 0.01, cash €293, halved raises the probability
No credit on open account
Liquidity short (current ratio 0.01 against 0.25 in 2023; short-term debt: 54% and cash: 0.8% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 11%, liquidity 18%, profitability 46%, growth against the median 77%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 6162 sector peers (2024).
NBB · sector comparisonPosition among 6162 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
64 d late
2022
404 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 174 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2022net €15,767 ▲283%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- 24-09-2025Annual accounts filed
- 31-12-2024Highest result since 2022
- 03-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Day spas, saunas and steam bathsNACE 96230
- Founded
- 09-12-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.