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MEDICA

Active
Private limited companyfounded 200718 yrs activeDrève des Alliés(THN) 49, 6530 Thuin, BelgiumKBO/BCE: BE 0894.097.597

MEDICA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587k and a net result of €32k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 16491 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
92 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency95▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 7.71 against 6.8 in 2024; short-term debt: 7.9% and cash: 47.6% of total assets), and 30.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 86
lower
← fewer bankruptcies more bankruptcies →
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
69.7%
Return on assets
3.8%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 18 years 0 20 y
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
26 d early
2023
46 d late
2022
2 d early
2021
21 d late
2020
23 d late
2019
31 d late
← before the deadline after the deadline →
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
19-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€587k▲ 4.2%
2024 · €563k
2018: €166k 2019: €213k 2020: €260k 2021: €373k 2022: €453k 2023: €547k 2024: €563k
2018 → 2025
Total assets
€842k▼ 0.5%
2024 · €846k
2018: €515k 2019: €580k 2020: €616k 2021: €725k 2022: €796k 2023: €851k 2024: €846k
2018 → 2025
Net result
€32k▲ 32.0%
2024 · €24k
2018: €33k 2019: €58k 2020: €56k 2021: €122k 2022: €89k 2023: €103k 2024: €24k
2018 → 2025
Working capital
€445k=
2024 · €445k
2018: €71k 2019: €135k 2020: €171k 2021: €280k 2022: €357k 2023: €449k 2024: €445k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€373k-€453k▲ 21.4%€547k▲ 20.7%€563k▲ 3.0%€587k▲ 4.2%
Operating result€168k-€136k▼ 19.1%€149k▲ 9.4%€34k▼ 77.4%€47k▲ 40.3%
Net result€122k-€89k▼ 27.2%€103k▲ 15.7%€24k▼ 76.5%€32k▲ 32.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €168k€168kNet result 2021: €122k€122kOperating result 2022: €136k€136kNet result 2022: €89k€89kOperating result 2023: €149k€149kNet result 2023: €103k€103kOperating result 2024: €34k€34kNet result 2024: €24k€24kOperating result 2025: €47k€47kNet result 2025: €32k€32k20212022202320242025
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €842k
Fixed assets €331k▲ 1.8%
Current assets €511k▼ 2.0%
Equity and liabilities €842k
Equity €587k▲ 4.2%
Debt €255k▼ 10.0%
The debt ratio falls from 33.4% to 30.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68k
2024 · €55k
Cash flow
€53k
2024 · €45k
Solvency
69.7%
2024 · 66.6%
Current ratio
7.71
2024 · 6.80
Quick ratio
7.71
2024 · 6.80
Debt / equity
0.43
2024 · 0.50
ROE
5.4%
2024 · 4.3%
ROA
3.8%
2024 · 2.9%
Interest coverage
11.71
2024 · 9.45
Debt
€255k
2024 · €283k
Debt ≤ 1 year
€66k
2024 · €77k
Debt > 1 year
€189k
2024 · €206k
Income taxes
€14k
2024 · €9k
Staff costs
€46k
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€846k€842k
Fixed assets21/28€325k€331k
Tangible fixed assets22/27€325k€331k
Land and buildings22€312k€322k
Furniture and vehicles24€4k€2k
Other tangible fixed assets26€9k€7k
Financial fixed assets28€146€146=
Current assets29/58€521k€511k
Amounts receivable within one year40/41€45k€61k
Trade receivables40€15k€32k
Other amounts receivable41€30k€29k
Current investments50/53€42k€47k
Cash at bank and in hand54/58€432k€401k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€846k€842k
Equity10/15€563k€587k
Contributions10/11€12k€12k=
Reserves13€497k€517k
Distributable reserves133€497k€517k
Profit (loss) carried forward14€54k€58k
Amounts payable17/49€283k€255k
Amounts payable after more than one year17€206k€189k
Financial debts170/4€206k€189k
Amounts payable within one year42/48€77k€66k
Current portion of amounts payable after more than one year42€18k€18k
Trade debts44€16k€5k
Suppliers440/4€16k€5k
Advances received on contracts in progress46€451-
Taxes, remuneration and social security45€37k€38k
Taxes450/3€7k€13k
Remuneration and social security454/9€31k€25k
Other amounts payable47/48€6k€6k=
Income statement Code20242025
Remuneration, social security and pensions62€46k€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k
Other operating charges640/8€3k€3k
Non-recurring operating charges66A€74€427
Gross operating margin9900€103k€118k
Operating profit (loss)9901€34k€47k
Financial income75/76B€5k€5k
Recurring financial income75€2k€2k
Non-recurring financial income76B€3k€2k
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€33k€46k
Income taxes67/77€9k€14k
Profit (loss) for the period9904€24k€32k
Profit (loss) for the period to be appropriated9905€24k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€75k€86k
Profit (loss) brought forward from the previous period14P€50k€54k
Transfer to equity691/2€13k€20k
To other reserves6921€13k€20k
Profit to be distributed694/7€8k€8k=
Return on contributions (dividend)694€8k€8k=

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

Download as CSV

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
05-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €24k ▼76.5%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
15-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 46 days late
2023
31-12
Financial Equity above €500kEq €547k ▲20.7%
6 profitable years in a row build equity to €547k.
29-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial Highest result since 2018net €122k ▲119%
Operating result €168k, net result €122k, both a record.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Equity above €200kEq €213k ▲28.1%
2 profitable years in a row build equity to €213k.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Thuin · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Drève des Alliés(THN) 496530 Thuin
Ground area
448 m²
Building footprint
63 m²
Volume, LiDAR
555 m³
Parcel 56078C0085/00L003, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Drève des Alliés(THN) 49, 6530 Thuin
NACE 85120
since 20072.229.429.786
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56078C0085/00L003 Wallonia 448 m² 1 · 63 m² 10.7 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

967600VRRXAP2PTKY048
live in the LEI register

Similar companies · same sector, comparable size

Of 9,120 companies in sector 86210 we hold annual accounts for 6,336. 4,754 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-12-2007
Fiscal year end31-12
Activities, NACEBEL
86210General medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.