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MEDIC

Active
Private limited companyfounded 198837 yrs activeRoute de Gembloux 195, 5310 Eghezée, BelgiumKBO/BCE: BE 0435.541.678
Summary

MEDIC has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €796,299 and a net result of €102,938. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 16754 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability84▼-9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 17.88 against 11.7 in 2024; short-term debt: 3.2% and cash: 44.2% of total assets), and 3.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 37 years 0 40 y
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
96.8%
Return on assets
12.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
19 d late
2023
30 d late
2022
42 d late
2021
27 d late
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

MEDIC was incorporated on 11 October 1988.1 Total assets rose from EUR 391,693 in 2018 to EUR 822,759 in 2025 and headcount from 0.3 to 1.8 full-time equivalents.2

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

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Financials · fiscal year 2025, micro schema

Equity
€796,299▲ 5.8%
2024 · €752,328
Total assets
€822,759▲ 4.0%
2024 · €790,918
Net result
€102,938▼ 32.9%
2024 · €153,506
Working capital
€446,691▲ 8.2%
2024 · €413,015
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€243,559▲ 77.1%€169,570▼ 30.4%€175,968▲ 3.8%€214,630▲ 22.0%€143,283▼ 33.2%
Net result€164,865above the sector's middle half▲ 69.2%€116,015above the sector's middle half▼ 29.6%€124,265above the sector's middle half▲ 7.1%€153,506above the sector's middle half▲ 23.5%€102,938within the sector's middle half▼ 32.9%
Equity€358,542within the sector's middle half▲ 85.1%€474,557above the sector's middle half▲ 32.4%€598,822above the sector's middle half▲ 26.2%€752,328above the sector's middle half▲ 25.6%€796,299above the sector's middle half▲ 5.8%
Total assets€428,747within the sector's middle half▲ 13.2%€600,866within the sector's middle half▲ 40.1%€622,036above the sector's middle half▲ 3.5%€790,918above the sector's middle half▲ 27.1%€822,759above the sector's middle half▲ 4.0%
Debt€70,205▼ 62.1%€126,309▲ 79.9%€23,214▼ 81.6%€38,590▲ 66.2%€26,460▼ 31.4%
Working capital€267,254above the sector's middle half▲ 201%€371,771above the sector's middle half▲ 39.1%€475,277above the sector's middle half▲ 27.8%€413,015above the sector's middle half▼ 13.1%€446,691above the sector's middle half▲ 8.2%
Solvency83.6%above the sector's middle half▲ 32.5pp79.0%within the sector's middle half▼ 4.6pp96.3%above the sector's middle half▲ 17.3pp95.1%above the sector's middle half▼ 1.1pp96.8%above the sector's middle half▲ 1.7pp
Current ratio4.81within the sector's middle half▲ 3.334.13within the sector's middle half▼ 0.6821.64above the sector's middle half▲ 17.5211.70above the sector's middle half▼ 9.9417.88above the sector's middle half▲ 6.18
Return on assets (ROA)38.5%above the sector's middle half▲ 12.7pp19.3%within the sector's middle half▼ 19.1pp20.0%within the sector's middle half▲ 0.7pp19.4%within the sector's middle half▼ 0.6pp12.5%within the sector's middle half▼ 6.9pp
Staff (FTE)1▲ 150%0.40.4=1.8▲ 350%
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €243,559€243,559Net result 2021: €164,865€164,865Operating result 2022: €169,570€169,570Net result 2022: €116,015€116,015Operating result 2023: €175,968€175,968Net result 2023: €124,265€124,265Operating result 2024: €214,630€214,630Net result 2024: €153,506€153,506Operating result 2025: €143,283€143,283Net result 2025: €102,938€102,93820212022202320242025€0€100,000€200,000Operating result 2023: €175,968€176,000Net result 2023: €124,265€124,000Operating result 2024: €214,630€215,000Net result 2024: €153,506€154,000Operating result 2025: €143,283€143,000Net result 2025: €102,938€103,000202320242025
The operating result falls in 2025; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €822,759
Fixed assets €349,608 ▲ 3.0%
Current assets €473,151 ▲ 4.8%
Equity and liabilities €822,759
Equity €796,299 ▲ 5.8%
Debt €26,460 ▼ 31.4%
Debt's share of the balance-sheet total falls from 4.9% to 3.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€182,261▼
2024 · €239,798
Cash flow
€141,916▼
2024 · €178,674
Debt to equity
0.03▼
2024 · 0.05
ROE
12.9%▼
2024 · 20.4%
Interest coverage
93.60▼
2024 · 96.68
Debt ≤ 1 year
€26,460▼
2024 · €38,590
Income taxes
€42,534▼
2024 · €61,995
Staff costs
€51,957▲
2024 · €22,634
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

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

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 31,349 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€790,918€822,759▲
Fixed assets21/28€339,313€349,608▲
Tangible fixed assets22/27€338,868€349,163▲
Land and buildings22€211,661€219,074▲
Plant, machinery and equipment23€42,943€35,986▼
Furniture and vehicles24€26,924€22,733▼
Other tangible fixed assets26€57,340€71,371▲
Financial fixed assets28€445€445=
Current assets29/58€451,605€473,151▲
Amounts receivable within one year40/41€98,876€83,461▼
Trade receivables40€0-
Other amounts receivable41€98,876€83,461▼
Current investments50/53€1,000€1,000=
Cash at bank and in hand54/58€329,550€363,448▲
Deferred charges and accrued income490/1€22,179€25,242▲
Equity and liabilities
Total equity and liabilities10/49€790,918€822,759▲
Equity10/15€752,328€796,299▲
Contributions10/11€12,400€12,400=
Reserves13€724,396€768,367▲
Distributable reserves133€724,396€768,367▲
Profit (loss) carried forward14€15,532€15,532=
Amounts payable17/49€38,590€26,460▼
Amounts payable within one year42/48€38,590€26,460▼
Trade debts44€2,347€5,037▲
Suppliers440/4€2,347€5,037▲
Taxes, remuneration and social security45€36,243€21,423▼
Taxes450/3€31,951€15,194▼
Remuneration and social security454/9€4,292€6,229▲
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€22,634€51,957▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,169€38,978▲
Other operating charges640/8€4,830€4,743▼
Gross operating margin9900€267,262€238,961▼
Operating profit (loss)9901€214,630€143,283▼
Financial income75/76B€3,352€4,136▲
Recurring financial income75€3,352€4,136▲
Financial charges65/66B€2,480€1,947▼
Recurring financial charges65€2,480€1,947▼
Profit (loss) for the period before taxes9903€215,501€145,472▼
Income taxes67/77€61,995€42,534▼
Profit (loss) for the period9904€153,506€102,938▼
Profit (loss) for the period to be appropriated9905€153,506€102,938▼
Appropriation of the result
Profit (loss) to be appropriated9906€169,038€118,471▼
Profit (loss) brought forward from the previous period14P€15,532€15,532=
Transfer from equity791/2-€58,967
Transfer to equity691/2€153,506€102,938▼
To other reserves6921€153,506€102,938▼
Profit to be distributed694/7-€58,967
Return on contributions (dividend)694-€58,967

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€0€20,000€0---
Remuneration, social security and pensions62€34,324€19,950€23,229€22,634€51,957▲ 130%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,760€28,556€20,894€25,169€38,978▲ 54.9%
Other operating charges640/8€3,863€3,613€4,001€4,830€4,743▼ 1.8%
Gross operating margin9900€307,505€221,689€224,091€267,262€238,961▼ 10.6%
Operating profit (loss)9901€243,559€169,570€175,968€214,630€143,283▼ 33.2%
Financial income75/76B€218€0€1,884€3,352€4,136▲ 23.4%
Recurring financial income75€218€0€1,884€3,352€4,136▲ 23.4%
Financial charges65/66B€1,993€2,392€2,716€2,480€1,947▼ 21.5%
Recurring financial charges65€1,993€2,392€2,716€2,480€1,947▼ 21.5%
Profit (loss) for the period before taxes9903€241,783€167,178€175,135€215,501€145,472▼ 32.5%
Income taxes67/77€76,918€51,162€50,870€61,995€42,534▼ 31.4%
Profit (loss) for the period9904€164,865€116,015€124,265€153,506€102,938▼ 32.9%
Transfer from tax-exempt reserves789€7,500€0----
Profit (loss) for the period to be appropriated9905€172,365€116,015€124,265€153,506€102,938▼ 32.9%
Line20212022202320242025Change
Assets
Total assets20/58€428,747€600,866€622,036€790,918€822,759▲ 4.0%
Fixed assets21/28€91,288€110,164€123,738€339,313€349,608▲ 3.0%
Tangible fixed assets22/27€91,163€110,039€123,293€338,868€349,163▲ 3.0%
Land and buildings22€52,385€39,684€39,378€211,661€219,074▲ 3.5%
Plant, machinery and equipment23€38,778€49,083€53,872€42,943€35,986▼ 16.2%
Furniture and vehicles24€0€21,272€29,282€26,924€22,733▼ 15.6%
Other tangible fixed assets26--€761€57,340€71,371▲ 24.5%
Financial fixed assets28€125€125€445€445€445=
Current assets29/58€337,459€490,702€498,298€451,605€473,151▲ 4.8%
Amounts receivable within one year40/41€7,912€23,521€102,580€98,876€83,461▼ 15.6%
Trade receivables40€7,912€1,900€1,900€0--
Other amounts receivable41€0€21,621€100,681€98,876€83,461▼ 15.6%
Current investments50/53€1,000€1,000€1,000€1,000€1,000=
Cash at bank and in hand54/58€322,452€456,549€388,044€329,550€363,448▲ 10.3%
Deferred charges and accrued income490/1€6,096€9,632€6,674€22,179€25,242▲ 13.8%
Equity and liabilities
Total equity and liabilities10/49€428,747€600,866€622,036€790,918€822,759▲ 4.0%
Equity10/15€358,542€474,557€598,822€752,328€796,299▲ 5.8%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€330,610€446,625€570,890€724,396€768,367▲ 6.1%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Tax-exempt reserves132€0-----
Distributable reserves133€328,750€444,765€570,890€724,396€768,367▲ 6.1%
Profit (loss) carried forward14€15,532€15,532€15,532€15,532€15,532=
Amounts payable17/49€70,205€126,309€23,214€38,590€26,460▼ 31.4%
Amounts payable within one year42/48€70,205€118,931€23,021€38,590€26,460▼ 31.4%
Current portion of amounts payable after more than one year42€0-----
Trade debts44€5,173€42,352€2,017€2,347€5,037▲ 115%
Suppliers440/4€5,173€42,352€2,017€2,347€5,037▲ 115%
Taxes, remuneration and social security45€47,483€45,540€21,004€36,243€21,423▼ 40.9%
Taxes450/3€45,378€41,800€17,327€31,951€15,194▼ 52.4%
Remuneration and social security454/9€2,106€3,740€3,678€4,292€6,229▲ 45.1%
Other amounts payable47/48€17,548€31,039€0---
Accrued charges and deferred income492/3-€7,378€193€0--
Line20212022202320242025Change
Profit (loss) for the period9904€164,865€116,015€124,265€153,506€102,938▼ 32.9%
+ Depreciation and write-downs630€25,760€28,556€20,894€25,169€38,978▲ 54.9%
Operating cash flow (approximation)€190,625€144,571€145,159€178,674€141,916▼ 20.6%
Investment in fixed assets (approximation)--€47,432-€34,468-€240,744-€49,273▲ 79.5%
Change in cash-€134,097-€68,505-€58,494€33,898▲ 158%

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
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Liquidity times 5current ratio 21.64
Current ratio from 4.13 to 21.64; short-term debt falls from €118,931 to €23,021.
31-12
Financial Equity above €500,000Eq €598,822 ▲26.2%
6 profitable years in a row build equity to €598,822.
11-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
27-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial Highest result since 2018net €164,865 ▲69.2%
Operating result €243,559, net result €164,865, both a record.
31-12
Financial Liquidity triplescurrent ratio 4.81
Current ratio from 1.48 to 4.81; short-term debt falls from €185,220 to €70,205.
31-12
Financial Equity above €200,000Eq €358,542 ▲85.1%
4 profitable years in a row build equity to €358,542.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
31-12
Financial Weakest financial yearnet €58,967 ▼3.4%
Net result drops to €58,967, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200,000Eq €232,544 ▲34%
2 profitable years in a row build equity to €232,544.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Eghezée · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
4,583 m²
Building footprint
154 m²
Parcel 92001C0040/00B000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Route de Gembloux,Aische 195, 5310 Eghezée
NACE 85120
since 19882.243.537.051
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92001C0040/00B000 Wallonia 4,583 m² 1 · 154 m² -
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.

Similar companies · same sector, comparable size

Of 9,128 companies in sector 86210 we hold annual accounts for 6,335. 4,406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-10-1988
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
Contact
E-mail philippetassart@gmail.com
Phone 081656160
Phone 0477/67.49.36Eghezée
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435541678
Registered 08-01-2026

Register as of 27 September 2026 · Peppol Directory

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