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MEDICENE

Active
Private limited companyfounded 201511 yrs activeJozef Van Elewijckstraat 79, 1853 Grimbergen, BelgiumKBO/BCE: BE 0635.947.143
Summary

MEDICENE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71,876 and a net result of €431,213. Equity is shrinking by ~3.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Activity not known1 site
How big
€190,639total assets 2024
Equity
€71,876
Profit
€431,213
Turnover not published (abridged schema)
Financially healthy?
84 Excellent Checked score 2024
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 31 d early0 of 5 deeds read
Why 84- Figures for FY 2024 (filed 08-07-2025)+ Size: total assets €190,639+ Liquidity: current ratio 1.54, cash €140,079+ Founded in 2015Show the evidence

Checked score

Score 2024
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 63+10
equity 37.7% of total assets
Liquidity 71+31
short-term debt 56.3% · cash 73.5%
Profitability 100=
return on assets 226.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

  • Figures for FY 2024 (filed 08-07-2025) raises the probability
  • Size: total assets €190,639 lowers the probability for this profile
  • Liquidity: current ratio 1.54, cash €140,079 lowers the probability
  • Founded in 2015 lowers the probability for this profile
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.32 in 2023; short-term debt: 56.3% and cash: 73.5% of total assets), but 62.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 37%, liquidity 67%, profitability 90%, growth against the median 73%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 08-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €190,639
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.54, cash €140,079
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2015
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
31 d early
2024
29 d early
2023
55 d early
2022
20 d early
2021
24 d late
2020
23 d late
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 days before 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)
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. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €431,213 ▲16%

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €431,213 7 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Total assets 20246 fiscal years filed €190,639 View

By topic

Financials

Fiscal year
2024
Total assets
€190,639
Profit
€431,213
Solvency
37.7%
Turnover▲ 17.8%
Net result
20182020
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 02-07-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
01-09-2015
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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