Medical Gas Pipe System
The computed 12-month bankruptcy probability of Medical Gas Pipe System is 2.5% (moderate). The 2024 annual accounts show equity of €172k and a net result of €162k. Its solvency ranks better than 52% of 3841 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €172k |
| Net result | €162k |
| Better than sector | 52% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.1% | 39.5% | |
| Net result | €162k | €9k | |
| Equity | €172k | €29k | |
| Gross operating margin | €382k | €26k | |
| Staff costs | €145k | €16k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €235k |
| Net profit | €162k |
| Cash flow | €186k |
| Staff costs | €145k |
| Income taxes | €49k |
| Dividends | - |
| Total assets | €419k |
| Equity | €172k |
| Debt | €247k |
| of which ≤ 1y | €135k |
| of which > 1y | €111k |
| Working capital | €158k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.17 |
| Quick ratio | 1.87 |
| Working capital ratio | 37.9% |
| Solvency | 41.1% |
| Debt / equity | 1.43 |
| Long-term debt ratio | 0.65 |
| Interest coverage | 181.38 |
| Gross margin | - |
| Net margin | - |
| ROA | 38.8% |
| ROE | 94.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €419k |
| Fixed assets | 21/28 | €125k |
| Intangible fixed assets | 21 | €115k |
| Tangible fixed assets | 22/27 | €9k |
| Current assets | 29/58 | €294k |
| Stocks & contracts in progress | 3 | €41k |
| Amounts receivable within one year | 40/41 | €214k |
| Cash & bank | 54/58 | €37k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €419k |
| Equity | 10/15 | €172k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €167k |
| Amounts payable | 17/49 | €247k |
| Amounts payable after one year | 17 | €111k |
| Amounts payable within one year | 42/48 | €135k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €382k |
| Operating result | 9901 | €212k |
| Financial income | 75 | €676 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €211k |
| Income taxes | 67/77 | €49k |
| Net result for the period | 9904 | €162k |
| Result to be appropriated | 9905 | €162k |
-
Current26-01-2026 → present
Former directors (2)
-
Former- → 26-01-2026
-
Former- → 01-01-2023
| NACE primary | Algemene bouw van andere niet-residentiële gebouwen(41003) |
| Legal form | Private limited company(610) |
| Incorporation | 20-12-2022 |
| Status | Active |
| Postal code | 7090 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302B0116/00T004 | Wallonia | 89 m² | 1 · 43 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-01-2026 1 director appointed, 1 resigning
- Adam Koren, Bestuurder
- Ben Pletincx, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ben Pletincx",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-26",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve la d\u00E9mission de Monsieur Ben Pletincx de son mandat d\u0027administrateur. Sa d\u00E9mission est rendue effective \u00E0 dater de la pr\u00E9sente publication et l\u0027assembl\u00E9e lui accorde d\u00E9charge pour l\u0027exercice de son mandat.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Adam Koren",
"address": null,
"birth_date": null
},
"effective_date": "2026-01-26",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve la nomination de Monsieur Adam Koren au poste d\u0027administrateur. Sa nomination est rendue effective \u00E0 dater de la pr\u00E9sente publication."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.103.258",
"name_full": "MEDICAL GAS PIPE SYSTEM, EN ABREGE : MGP SYSTEM",
"legal_form": "SRL"
}
}02-02-2023 Filip José Tordeur resigns as director
- Filip José Tordeur, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Filip Jos\u00E9 Tordeur",
"address": null,
"birth_date": null
},
"effective_date": "2023-01-01",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve la d\u00E9mission de Monsieur Filip Jos\u00E9 Tordeur de son mandat d\u0027administrateur de la socl\u00E9t\u00E9. L\u0027assembl\u00E9e lui accorde la d\u00E9charge pour sa gestion de la socl\u00E9t\u00E9 acte le caract\u00E8re effectif de sa d\u00E9mission \u00E0 dater de ce jour.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.103.258",
"name_full": "MEDICAL GAS PIPE SYSTEM, EN ABREGE : MGP SYSTEM",
"legal_form": "SRL"
}
}22-12-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "7090 Braine-le-Comte, Avenue de la Houssi\u00E8re 2 bte B",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-04-13",
"name": "TORDEUR, Filip Jos\u00E9",
"niss": null,
"address": "1500 Halle, Kleemstraat 71"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "TORDEUR, Filip Jos\u00E9",
"is_subscriber_only": false,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1961-01-29",
"name": "PLETINCX, Ben Gabriel",
"niss": null,
"address": "1653 Beersel (Dworp), Krabbosstraat 38"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "PLETINCX, Ben Gabriel",
"is_subscriber_only": false,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0795.103.258",
"name_full": "Medical Gas Pipe System",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-12-19",
"post_incorporation_mandates": []
}| Legal nameFR | Medical Gas Pipe System |
| AbbreviationFR | MGP System |