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MEDICASURE

Active
Private limited company (pre-2019)founded 20197 years activeRue du Castel(Irc) 18, 7801 Ath, BelgiumKBO/BCE: BE 0725.888.216
Summary

The computed 12-month bankruptcy probability of MEDICASURE is 6.4% (elevated). The 2024 annual accounts show negative equity (-€13,947) and a net result of -€8,872. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€101,245total assets 2024
Equity
-€13,947
Loss
-€8,872
Turnover not published (abridged schema)
Financial health
33 Weak Checked score 2024
Bankruptcy probability, 12 months
6.4%
Structure
Accounts 68 days overdue0 of 1 deed read
Why 33- 1 financial year not filed after the legal deadline; latest accounts 112 days late; 3 of the last 3 late- Figures for FY 2024 (filed 20-11-2025)- Founded in 2019+ Size: total assets €101,245Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 9% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 11-10
equity -13.8% of total assets
Liquidity 16+4
short-term debt 113.8% · cash 13.1%
Profitability 8+8
return on assets -8.8%
Bankruptcy probability, 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 11.4% 12-2024: 12.8%▲ +1.4 percentage points vs 11-2024 01-2025: 15.1%▲ +2.3 percentage points vs 12-2024highest value 02-2025: 3.7%▼ -11.4 percentage points vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.8%● unchanged vs 04-2025 06-2025: 4.0%▲ +0.2 percentage points vs 05-2025 07-2025: 4.0%● unchanged vs 06-2025 08-2025: 4.6%▲ +0.6 percentage points vs 07-2025 09-2025: 5.0%▲ +0.4 percentage points vs 08-2025 10-2025: 6.9%▲ +1.9 percentage points vs 09-2025 11-2025: 7.0%▲ +0.1 percentage points vs 10-2025 12-2025: 3.3%▼ -3.7 percentage points vs 11-2025 01-2026: 3.2%▼ -0.1 percentage points vs 12-2025 02-2026: 3.3%▲ +0.1 percentage points vs 01-2026 03-2026: 3.2%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 3.3%▲ +0.1 percentage points vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.4%▲ +0.1 percentage points vs 05-2026 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.7 percentage points vs 07-2026 09-2026: 4.6%▲ +0.4 percentage points vs 08-2026 10-2026: 6.4%▲ +1.8 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.73 against 0.79 in 2023; short-term debt: 113.8% and cash: 13.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 11% on solvency, 11% on liquidity, 11% on profitability and 2% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 112 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €101,245
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 20-11-2025)
NBB · annual accounts
raises risk · Founded in 2019
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€13,947
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 20-11-2025, 112 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
112 days late
2023
152 days late
2022
234 days late
2021
219 days late
2020
443 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 196 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 (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€13,947 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2024 -€8,872 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€101,245
Loss
-€8,872
Solvency
-13.8%
Go to Financials

Timeline

Events
7
Since
2020
  1. 07-03-2023Annual accounts filed
  2. 17-10-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
30-04-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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