MEDICABOR
ActiveSummary
MEDICABOR has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,082 and a net result of €104,017. Equity is growing by ~71.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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%.
| 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 20,134 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,378 | €12,026 | €14,919 | €27,505 | €25,533 | ▼ 7.2% |
| Other operating charges640/8 | €4,314 | €5,188 | €5,683 | €5,902 | €6,676 | ▲ 13.1% |
| Non-recurring operating charges66A | - | - | - | €437 | - | - |
| Gross operating margin9900 | €97,631 | €45,091 | €74,263 | €108,054 | €166,908 | ▲ 54.5% |
| Operating profit (loss)9901 | €80,939 | €27,877 | €53,662 | €74,209 | €134,700 | ▲ 81.5% |
| Financial income75/76B | €63 | €4 | €280 | €808 | €1,271 | ▲ 57.3% |
| Recurring financial income75 | €63 | €4 | €280 | €808 | €1,271 | ▲ 57.3% |
| Financial charges65/66B | €109 | €388 | €116 | €103 | €111 | ▲ 7.7% |
| Recurring financial charges65 | €109 | €388 | €116 | €103 | €111 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | €80,893 | €27,493 | €53,826 | €74,915 | €135,860 | ▲ 81.4% |
| Income taxes67/77 | €18,130 | €8,346 | €12,701 | €23,178 | €31,843 | ▲ 37.4% |
| Profit (loss) for the period9904 | €62,763 | €19,146 | €41,125 | €51,737 | €104,017 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €62,763 | €19,146 | €41,125 | €51,737 | €104,017 | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €252,510 | €273,218 | €315,434 | €396,682 | €510,281 | ▲ 28.6% |
| Fixed assets21/28 | €87,807 | €86,760 | €74,632 | €178,124 | €152,591 | ▼ 14.3% |
| Tangible fixed assets22/27 | €87,439 | €86,393 | €74,265 | €177,756 | €152,224 | ▼ 14.4% |
| Land and buildings22 | €27,971 | €26,491 | €26,491 | €26,491 | €26,491 | = |
| Plant, machinery and equipment23 | €52,839 | €44,883 | €36,215 | €145,745 | €124,803 | ▼ 14.4% |
| Furniture and vehicles24 | €6,629 | €15,019 | €11,559 | €5,521 | €930 | ▼ 83.1% |
| Financial fixed assets28 | €368 | €368 | €368 | €368 | €368 | = |
| Current assets29/58 | €164,703 | €186,457 | €240,801 | €218,558 | €357,690 | ▲ 63.7% |
| Amounts receivable within one year40/41 | €700 | €700 | - | - | - | - |
| Trade receivables40 | €700 | €700 | - | - | - | - |
| Cash at bank and in hand54/58 | €164,003 | €185,757 | €240,801 | €218,558 | €356,709 | ▲ 63.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €981 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €252,510 | €273,218 | €315,434 | €396,682 | €510,281 | ▲ 28.6% |
| Equity10/15 | €45,022 | €64,168 | €105,293 | €157,065 | €261,082 | ▲ 66.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €64,587 | €80,934 | €80,934 | €131,843 | €131,843 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €62,727 | €79,074 | €79,074 | €129,983 | €129,983 | = |
| Profit (loss) carried forward14 | -€38,165 | -€35,365 | €5,759 | €6,623 | €110,640 | ▲ 1,571% |
| Amounts payable17/49 | €207,488 | €209,050 | €210,141 | €239,617 | €249,199 | ▲ 4.0% |
| Amounts payable within one year42/48 | €204,488 | €206,050 | €207,141 | €236,617 | €249,199 | ▲ 5.3% |
| Current portion of amounts payable after more than one year42 | €2,293 | €2,293 | €2,293 | €2,293 | - | - |
| Trade debts44 | €5,493 | €207 | - | €541 | - | - |
| Suppliers440/4 | €5,493 | €207 | - | €541 | - | - |
| Taxes, remuneration and social security45 | €156,273 | €160,135 | €164,500 | €193,091 | €210,500 | ▲ 9.0% |
| Taxes450/3 | €23,773 | €7,635 | €12,000 | €17,591 | €38,000 | ▲ 116% |
| Remuneration and social security454/9 | €132,500 | €152,500 | €152,500 | €175,500 | €172,500 | ▼ 1.7% |
| Other amounts payable47/48 | €40,430 | €43,415 | €40,348 | €40,692 | €38,699 | ▼ 4.9% |
| Accrued charges and deferred income492/3 | €3,000 | €3,000 | €3,000 | €3,000 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,763 | €19,146 | €41,125 | €51,737 | €104,017 | ▲ 101% |
| + Depreciation and write-downs630 | €12,378 | €12,026 | €14,919 | €27,505 | €25,533 | ▼ 7.2% |
| Operating cash flow (approximation) | €75,141 | €31,172 | €56,044 | €79,242 | €129,550 | ▲ 63.5% |
| Investment in fixed assets (approximation) | - | -€10,980 | -€2,791 | -€130,997 | €0 | ▲ 100% |
| Change in cash | - | €21,754 | €55,044 | -€22,243 | €138,151 | ▲ 721% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0119/00X003 | Brussels | 7,930 m² | 1 · 758 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 30 September 2026 · Peppol Directory
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