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MEDIAGENIX

Active Public limited companyfounded 2003active for 23 yearsNieuwe Gentsesteenweg 21, 1702 DilbeekKBO/BCE: BE 0479.295.311 subsidiary of MEDIAGENIX GROUP#1 company by total assets in Dilbeek, Telecoms and IT sector
Part of the group MPARCO INVEST 10 companies in 7 countries
See the group

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €45.0m (2024)
€44.1m▼ 2.1%
peak €10.4m (2019)
€4.7m▼ 50.0%
peak €41.7m (2025)
€41.7m▲ 10.2%
€30.7m▼ 11.9%
peak 171.1 FTE (2021)
138.8 FTE▼ 0.1%
Board36 names since 2010all names
3 directorsAE Group and 2 others
Owners6 names in the annual accounts
Documentsfilings and deeds
10-08-202610 days late
2025financial year
Result from €9.3m to €4.7mDividend €500,000

Key points

from the 2025 annual accounts

Equity

€41.7m ▲ 10.2%

MEDIAGENIX has made a profit in every financial year since 2006.

Result

€4.7m ▼ 50.0%
€9.3m2024€4.7m2025

The result fell in 2025 from €9.3m to €4.7m.

Payment terms

68 days to suppliers
Suppliers
115 to 68
Customers
143 to 116

MEDIAGENIX pays its suppliers 47 days earlier than in 2024. Customers pay 27 days earlier.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Four of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.

Position in the sector

€4.7m

Higher net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,689 companies.

Checked score

96
Excellent
Financially stronger than 68% of medium-sized companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 206 companies (NACE 62, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

83+6equity 57.6% of total assets
48=short-term debt 19.4% · cash 3.3%
85-5return on assets 6.4%

Score breakdown

raises risk
Liquidity: current ratio 1.54, cash €2.4m
lowers risk
Equity €41.7m (57.6% of total assets)
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: turnover €44.1m, 138.8 FTE, total assets €72.4m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized). It does better than 74% of them on solvency, 66% on liquidity, 85% on profitability and 46% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €4,000,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.54 (1.86 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 3.3% of total assets. 42.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.54, cash €2.4m
NBB · annual accounts
lowers risk · Equity €41.7m (57.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: turnover €44.1m, 138.8 FTE, total assets €72.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
10 days late
2024
23 days early
2023
23 days early
2022
27 days early
2021
16 days early
2020
27 days late
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CD
Director
MG
Director, Dirk Debraekeleer
AG
Director, Bruno Denys
BM
Auditor, Jimmy Depré

Shares in 6 companies, including MEDIAGENIX ASIA PTE. LTD. and MEDIAGENIX AUSTRALIA PTY LTD.

Board & ownership

Recent changes

3 directors reappointed Mediagenix Group NV (class A director), Bercopar NV (class A director) and Carlo Daelemans (class B director) · Permanent representatives: Dirk Debraekeleer and Bruno Denys · General meeting of 26-06-2026 · Gazette deed
Merger: MEDIAGENIX takes over MGXH The company holds all the shares of MGXH · Gazette deed
Merger proposal: MEDIAGENIX takes over MGXH BV The company holds all the shares of MGXH BV · Gazette deed
New class A director Bercopar NV appointed, AE Group NV resigned · Permanent representative: Bruno Denys · Director discharge: AE Group NV · Gazette deed
All 66 events

Comparable companies

same main activity, similar in size and age
Company
MEDIAGENIX Dilbeek €44.1m 13.1% 57.6% 138.8
ATTENTIA Berchem-Sainte-Agathe €35.6m 6.5% 78.0% 179.9
ALISTAR BELGIË Ghent €27.2m 14.4% 6.8% 137.8
Regnology FRR Belgium Ghent €88.3m -2.4% 61.0% 138.2
NorthgateArinso Belgium Anderlecht €44.4m 7.8% 17.9% 94.5
NTX Geel €32.8m -4.8% 9.4% 112.9
Solutions 30 Belgium Antwerp €98.8m -5.4% 0.4% 105.9
-10%0%10%20%€50m€500m€5bnMEDIAGENIXEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MEDIAGENIX: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €45m and €77m, founded between 1994 and 2009.

Official details

Source: KBO
Status
Active since 13-01-2003Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.131.633.0021702 Dilbeek, since 12-05-2003
2.186.632.2979810 Nazareth, since 25-01-2008
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€72.4m▼ 0.4%
Employeeson 31-12-2025
139▼ 1.4%
Filing
Filed on 10-08-2026
Financials

Companies linked to MEDIAGENIX

Subsidiaries and holdings

Insights on MEDIAGENIX

MEDIAGENIX has existed since 2003. Turnover grew from €5.1m in 2006 to €44.1m in 2025 and staff from 14.3 to 138.8 full-time equivalents.

Solvency rose in 2025 from 52.1% to 57.6% because of the retained profit and lower debts.

MEDIAGENIX GROUP holds 97.9% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MEDIAGENIX

What is the company number of MEDIAGENIX?
The company number of MEDIAGENIX is 0479.295.311. The VAT number is the same number with BE in front: BE 0479.295.311.
Where is MEDIAGENIX based?
The registered office is at Nieuwe Gentsesteenweg 21, 1702 Dilbeek.Company details
What does MEDIAGENIX do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of MEDIAGENIX?
MEDIAGENIX is a public limited company (NV).
When was MEDIAGENIX founded?
MEDIAGENIX was founded on 13-01-2003.
Is MEDIAGENIX still active?
Yes, MEDIAGENIX is an active enterprise in the KBO register.
How many employees does MEDIAGENIX have?
MEDIAGENIX had an average of 138.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MEDIAGENIX fall under?
In its 2025 annual accounts, MEDIAGENIX states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of MEDIAGENIX?
The turnover of MEDIAGENIX was €44.1m in financial year 2025, according to the filed annual accounts.
Is MEDIAGENIX profitable?
In financial year 2025, MEDIAGENIX made a profit of €4.7m.
Where can I find the annual accounts of MEDIAGENIX?
MEDIAGENIX filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEDIAGENIX due?
MEDIAGENIX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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