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MEDIAN

Active
Private limited companyfounded 20233 yrs activeMeylstraat 52, 2540 Hove, BelgiumKBO/BCE: BE 0797.045.238
Summary

The computed 12-month bankruptcy probability of MEDIAN is 8.0% (elevated). The 2024 annual accounts show negative equity (-€41,673) and a net result of -€43,173. Its solvency ranks better than 5% of 6719 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11; short-term debt: 246.7% and cash: 18.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-146.7%
Return on assets
-152%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
139 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 139 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed 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

MEDIAN was incorporated on 11 January 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
-€41,673
Total assets
€28,405
Net result
-€43,173
Working capital
-€62,644

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €28,405
Fixed assets €20,971
Current assets €7,435
Key figures and ratios
2024 value
EBITDA
-€42,209
Cash flow
-€43,004
Solvency
-146.7%
Current ratio
0.11
Debt to equity
-1.68
ROA
-152.0%
Interest coverage
-53.12
Debt
€70,079
Debt ≤ 1 year
€70,079
Staff costs
€10,989

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€28,405
Fixed assets21/28€20,971
Tangible fixed assets22/27€7,831
Furniture and vehicles24€7,831
Financial fixed assets28€13,140
Current assets29/58€7,435
Amounts receivable within one year40/41€2,145
Other amounts receivable41€2,145
Cash at bank and in hand54/58€5,289
Equity and liabilities
Total equity and liabilities10/49€28,405
Equity10/15-€41,673
Contributions10/11€1,500
Profit (loss) carried forward14-€43,173
Amounts payable17/49€70,079
Amounts payable within one year42/48€70,079
Trade debts44€4,747
Suppliers440/4€4,747
Taxes, remuneration and social security45€10,367
Taxes450/3€634
Remuneration and social security454/9€9,733
Other amounts payable47/48€54,964
Income statement Code2024
Remuneration, social security and pensions62€10,989
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169
Other operating charges640/8€4,950
Gross operating margin9900-€26,271
Operating profit (loss)9901-€42,379
Financial charges65/66B€795
Recurring financial charges65€795
Profit (loss) for the period before taxes9903-€43,173
Profit (loss) for the period9904-€43,173
Profit (loss) for the period to be appropriated9905-€43,173
Appropriation of the result
Profit (loss) to be appropriated9906-€43,173

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

Line2024
Remuneration, social security and pensions62€10,989
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169
Other operating charges640/8€4,950
Gross operating margin9900-€26,271
Operating profit (loss)9901-€42,379
Financial charges65/66B€795
Recurring financial charges65€795
Profit (loss) for the period before taxes9903-€43,173
Profit (loss) for the period9904-€43,173
Profit (loss) for the period to be appropriated9905-€43,173
Line2024
Assets
Total assets20/58€28,405
Fixed assets21/28€20,971
Tangible fixed assets22/27€7,831
Furniture and vehicles24€7,831
Financial fixed assets28€13,140
Current assets29/58€7,435
Amounts receivable within one year40/41€2,145
Other amounts receivable41€2,145
Cash at bank and in hand54/58€5,289
Equity and liabilities
Total equity and liabilities10/49€28,405
Equity10/15-€41,673
Contributions10/11€1,500
Profit (loss) carried forward14-€43,173
Amounts payable17/49€70,079
Amounts payable within one year42/48€70,079
Trade debts44€4,747
Suppliers440/4€4,747
Taxes, remuneration and social security45€10,367
Taxes450/3€634
Remuneration and social security454/9€9,733
Other amounts payable47/48€54,964
Line2024
Profit (loss) for the period9904-€43,173
+ Depreciation and write-downs630€169
Operating cash flow (approximation)-€43,004

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

2025
17-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 139 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Hove · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
104 m²
Building footprint
104 m²
Volume, LiDAR
486 m³
Parcel 11021A0246/00M009, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Median BV
Meylstraat 52, 2540 HoveFreight transport by road
since 20242.365.567.308
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11021A0246/00M009 Flanders 104 m² 1 · 104 m² 6.6 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 486 EUR awarded · 486 EUR paid
Year Entries awardedpaid
2025 1 486 EUR486 EUR
Schemes
1 entry · 486 EUR · 486 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797045238
Also 9925:BE0797045238
Registered 18-12-2025

Register as of 27 September 2026 · Peppol Directory

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