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MEDIAL

Active
Public limited companyfounded 198541 yrs activeUkkelse laan 48, 1190 Vorst, BelgiumKBO/BCE: BE 0427.696.358
Summary

MEDIAL has been active since 1985 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €337,946 and a net result of €16,588. Equity is growing by ~3.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72▲+2
Solvency84▲+2
Growth52=
Track record92
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.34 in 2024; short-term debt: 25.6% and cash: 0% of total assets), and 41.3% of the assets are financed with debt.
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Signals

Eight 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
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 41 years 0 50 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
58.7%
Return on assets
2.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
67 d late
2023
182 d late
2022
66 d late
2021
1 d late
2020
11 d late
2019
82 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 54 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 October (4 of the last 5 filed years within 98 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 5 September 1985, MEDIAL was incorporated.1 Total assets went from EUR 541,161 in 2018 to EUR 575,664 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,588▲ 161%
2024 · €6,365
Working capital
-€74,616▲ 13.7%
2024 · -€86,510
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,741▼ 76.1%€13,324▲ 386%€15,277▲ 14.7%€10,743▼ 29.7%€24,957▲ 132%
Net result€3,620▼ 73.1%€12,297▲ 240%€10,099▼ 17.9%€6,365▼ 37.0%€16,588▲ 161%
Equity€292,598▲ 1.3%€304,895▲ 4.2%€314,994▲ 3.3%€321,359▲ 2.0%€337,946▲ 5.2%
Total assets€583,694▲ 2.4%€563,319▼ 3.5%€561,771▼ 0.3%€560,521▼ 0.2%€575,664▲ 2.7%
Debt€217,935▲ 6.2%€187,659▼ 13.9%€178,409▼ 4.9%€173,192▼ 2.9%€174,145▲ 0.5%
Working capital-€105,274▲ 48.2%-€94,923▲ 9.8%-€88,669▲ 6.6%-€86,510▲ 2.4%-€74,616▲ 13.7%
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2021: €2,741€2,741Net result 2021: €3,620€3,620Operating result 2022: €13,324€13,324Net result 2022: €12,297€12,297Operating result 2023: €15,277€15,277Net result 2023: €10,099€10,099Operating result 2024: €10,743€10,743Net result 2024: €6,365€6,365Operating result 2025: €24,957€24,957Net result 2025: €16,588€16,58820212022202320242025€0€10,000€20,000Operating result 2023: €15,277€15,300Net result 2023: €10,099€10,100Operating result 2024: €10,743€10,700Net result 2024: €6,365€6,360Operating result 2025: €24,957€25,000Net result 2025: €16,588€16,600202320242025
The operating result recovers in 2025; 2025 is 132% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €575,664
Fixed assets €502,983 ▼ 2.4%
Current assets €72,681 ▲ 60.4%
Equity and liabilities €575,664
Equity €337,946 ▲ 5.2%
Provisions €63,573 ▼ 3.6%
Debt €174,145 ▲ 0.5%
Debt's share of the balance-sheet total falls from 30.9% to 30.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37,195▲
2024 · €23,278
Cash flow
€28,825▲
2024 · €18,900
Current ratio
0.49▲
2024 · 0.34
Debt to equity
0.52▼
2024 · 0.54
ROE
4.9%▲
2024 · 2.0%
ROA
2.9%▲
2024 · 1.1%
Interest coverage
18.23▼
2024 · 21.12
Debt ≤ 1 year
€147,298▲
2024 · €131,811
Debt > 1 year
€26,847▼
2024 · €41,381
Income taxes
€8,677▲
2024 · €5,673
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,340 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% 1.8%
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 14,732 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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€560,521€575,664▲
Fixed assets21/28€515,220€502,983▼
Tangible fixed assets22/27€515,096€502,859▼
Land and buildings22€167,824€167,824=
Plant, machinery and equipment23€347,273€335,035▼
Financial fixed assets28€124€124=
Current assets29/58€45,301€72,681▲
Amounts receivable within one year40/41€44,990€72,661▲
Other amounts receivable41€44,990€72,661▲
Cash at bank and in hand54/58€311€21▼
Equity and liabilities
Total equity and liabilities10/49€560,521€575,664▲
Equity10/15€321,359€337,946▲
Contributions10/11€92,062€92,062=
Capital10€92,062€92,062=
Issued capital100€92,062€92,062=
Reserves13€199,725€192,534▼
Non-distributable reserves130/1€1,814€1,814=
Legal reserve130€1,814€1,814=
Tax-exempt reserves132€197,911€190,720▼
Profit (loss) carried forward14€29,572€53,350▲
Provisions and deferred taxes16€65,970€63,573▼
Provisions for liabilities and charges160/5€65,970€63,573▼
Other liabilities and charges164/5€65,970€63,573▼
Amounts payable17/49€173,192€174,145▲
Amounts payable after more than one year17€41,381€26,847▼
Financial debts170/4€39,187€24,653▼
Other amounts payable178/9€2,194€2,194=
Amounts payable within one year42/48€131,811€147,298▲
Current portion of amounts payable after more than one year42€14,344€14,534▲
Trade debts44€13,717€19,863▲
Suppliers440/4€13,717€19,863▲
Taxes, remuneration and social security45€11,534€20,211▲
Taxes450/3€11,534€20,211▲
Other amounts payable47/48€92,217€92,690▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,535€12,237▼
Other operating charges640/8€5,372€4,791▼
Gross operating margin9900€28,650€41,985▲
Operating profit (loss)9901€10,743€24,957▲
Financial charges65/66B€1,102€2,090▲
Recurring financial charges65€1,102€2,040▲
Non-recurring financial charges66B-€50
Profit (loss) for the period before taxes9903€9,640€22,868▲
Transfer from deferred taxes780€2,397€2,397=
Income taxes67/77€5,673€8,677▲
Profit (loss) for the period9904€6,365€16,588▲
Transfer from tax-exempt reserves789€7,191€7,191=
Profit (loss) for the period to be appropriated9905€13,555€23,778▲
Appropriation of the result
Profit (loss) to be appropriated9906€29,572€53,350▲
Profit (loss) brought forward from the previous period14P€16,016€29,572▲

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,924€14,421€12,707€12,535€12,237▼ 2.4%
Other operating charges640/8€4,615€348€500€5,372€4,791▼ 10.8%
Gross operating margin9900€22,279€28,092€28,485€28,650€41,985▲ 46.5%
Operating profit (loss)9901€2,741€13,324€15,277€10,743€24,957▲ 132%
Financial income75/76B€0-----
Recurring financial income75€0-----
Financial charges65/66B€1,518€1,750€1,281€1,102€2,090▲ 89.6%
Recurring financial charges65€1,518€1,750€1,281€1,102€2,040▲ 85.0%
Non-recurring financial charges66B----€50-
Profit (loss) for the period before taxes9903€1,223€11,574€13,996€9,640€22,868▲ 137%
Transfer from deferred taxes780€2,397€2,397€2,397€2,397€2,397=
Income taxes67/77-€1,673€6,294€5,673€8,677▲ 53.0%
Profit (loss) for the period9904€3,620€12,297€10,099€6,365€16,588▲ 161%
Transfer from tax-exempt reserves789€7,191€7,191€7,191€7,191€7,191=
Profit (loss) for the period to be appropriated9905€10,811€19,488€17,290€13,555€23,778▲ 75.4%
Line20212022202320242025Change
Assets
Total assets20/58€583,694€563,319€561,771€560,521€575,664▲ 2.7%
Fixed assets21/28€554,884€540,463€527,756€515,220€502,983▼ 2.4%
Tangible fixed assets22/27€554,760€540,339€527,632€515,096€502,859▼ 2.4%
Land and buildings22€167,824€167,824€167,824€167,824€167,824=
Plant, machinery and equipment23€386,936€372,515€359,808€347,273€335,035▼ 3.5%
Financial fixed assets28€124€124€124€124€124=
Current assets29/58€28,810€22,856€34,015€45,301€72,681▲ 60.4%
Amounts receivable within one year40/41€10,525€22,661€32,740€44,990€72,661▲ 61.5%
Other amounts receivable41€10,525€22,661€32,740€44,990€72,661▲ 61.5%
Cash at bank and in hand54/58€18,286€195€1,275€311€21▼ 93.4%
Equity and liabilities
Total equity and liabilities10/49€583,694€563,319€561,771€560,521€575,664▲ 2.7%
Equity10/15€292,598€304,895€314,994€321,359€337,946▲ 5.2%
Contributions10/11€92,062€92,062€92,062€92,062€92,062=
Capital10€92,062€92,062€92,062€92,062€92,062=
Issued capital100€92,062€92,062€92,062€92,062€92,062=
Reserves13€221,298€214,107€206,916€199,725€192,534▼ 3.6%
Non-distributable reserves130/1€1,814€1,814€1,814€1,814€1,814=
Legal reserve130€1,814€1,814€1,814€1,814€1,814=
Tax-exempt reserves132€219,484€212,293€205,102€197,911€190,720▼ 3.6%
Profit (loss) carried forward14-€20,762-€1,274€16,016€29,572€53,350▲ 80.4%
Provisions and deferred taxes16€73,161€70,764€68,367€65,970€63,573▼ 3.6%
Provisions for liabilities and charges160/5€73,161€70,764€68,367€65,970€63,573▼ 3.6%
Other liabilities and charges164/5€73,161€70,764€68,367€65,970€63,573▼ 3.6%
Amounts payable17/49€217,935€187,659€178,409€173,192€174,145▲ 0.5%
Amounts payable after more than one year17€83,851€69,880€55,725€41,381€26,847▼ 35.1%
Financial debts170/4€81,657€67,687€53,531€39,187€24,653▼ 37.1%
Other amounts payable178/9€2,194€2,194€2,194€2,194€2,194=
Amounts payable within one year42/48€134,084€117,779€122,684€131,811€147,298▲ 11.7%
Current portion of amounts payable after more than one year42€13,787€13,970€14,156€14,344€14,534▲ 1.3%
Trade debts44€15,213€8,723€8,344€13,717€19,863▲ 44.8%
Suppliers440/4€15,213€8,723€8,344€13,717€19,863▲ 44.8%
Taxes, remuneration and social security45-€1,673€7,967€11,534€20,211▲ 75.2%
Taxes450/3-€1,673€7,967€11,534€20,211▲ 75.2%
Other amounts payable47/48€105,083€93,412€92,217€92,217€92,690▲ 0.5%
Line20212022202320242025Change
Profit (loss) for the period9904€3,620€12,297€10,099€6,365€16,588▲ 161%
+ Depreciation and write-downs630€14,924€14,421€12,707€12,535€12,237▼ 2.4%
Operating cash flow (approximation)€18,544€26,718€22,806€18,900€28,825▲ 52.5%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€18,090€1,080-€963-€291▲ 69.8%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
06-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 67 days late
29-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 182 days late
2024
01-03
KBO administration UBO non-compliance
event 22-02-2024
2023
05-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 66 days late
2022
01-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
31-12
Financial Weakest financial yearnet €3,620 ▼73.1%
Net result drops to €3,620, the lowest in the series; recovery starts the following year.
11-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
21-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 82 days late
02-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 155 days late
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 37 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Vorst · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
797 m²
Building footprint
411 m²
Volume, LiDAR
1,681 m³
2 parcels, Brussels · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
MEDIAL SA
Alsembergsesteenweg 471, 1180 UkkelNACE 70201
since 19852.076.553.036
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616A0267/00P036 Brussels 547 m² 1 · 161 m² 5.1 m
21382C0227/00M015 Brussels 250 m² 1 · 251 m² 12.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded05-09-1985
Fiscal year end31-12
Contact
E-mail secretariat@medial.be
E-mail secretariat@wynsweb.com
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 30 September 2026 · Peppol Directory

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