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Medici Construct

Active
Private limited companyfounded 20242 yrs activePriester Cuypersstraat 3, 1040 Etterbeek, BelgiumKBO/BCE: BE 1008.553.540
Summary

The computed 12-month bankruptcy probability of Medici Construct is 4.2% (elevated). The 2024 annual accounts show equity of €33,808 and a net result of €33,808. Its solvency ranks better than 94% of 9975 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 8.87; short-term debt: 11.3% and cash: 0% of total assets), and 11.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 28-05-2026, 301 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 · 1 filing
Deviation from the deadline
2024
301 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 301 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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

History

Medici Construct was incorporated on 18 April 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,808
Total assets
€38,105
Net result
€33,808
Working capital
€33,808

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €38,105
Equity €33,808
Debt €4,297
Debt finances 11.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€32,773
Cash flow
€33,808
Current ratio
8.87
Debt to equity
0.13
ROE
100.0%
ROA
88.7%
Interest coverage
547.30
Debt ≤ 1 year
€4,297
Debt > 1 year
€0
Income taxes
€0
Staff costs
€0

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 91 lines
Balance sheet Code2024
Assets
Total assets20/58€38,105
Formation expenses20€0
Fixed assets21/28€0
Intangible fixed assets21€0
Tangible fixed assets22/27€0
Land and buildings22€0
Plant, machinery and equipment23€0
Furniture and vehicles24€0
Leasing and similar rights25€0
Other tangible fixed assets26€0
Assets under construction and advance payments27€0
Financial fixed assets28€0
Current assets29/58€38,105
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Stocks and contracts in progress3€0
Stocks30/36€0
Contracts in progress37€0
Amounts receivable within one year40/41€38,104
Trade receivables40€0
Other amounts receivable41€38,104
Current investments50/53€0
Cash at bank and in hand54/58€2
Deferred charges and accrued income490/1€0
Equity and liabilities
Total equity and liabilities10/49€38,105
Equity10/15€33,808
Contributions10/11€0
Revaluation surpluses12€0
Reserves13€0
Non-distributable reserves130/1€0
Reserves not available under the articles1311€0
Own shares acquired1312€0
Financial assistance1313€0
Other1319€0
Tax-exempt reserves132€0
Distributable reserves133€0
Profit (loss) carried forward14€33,808
Investment grants15€0
Advance to shareholders on the distribution of net assets19€0
Provisions and deferred taxes16€0
Provisions for liabilities and charges160/5€0
Pensions and similar obligations160€0
Taxes161€0
Major repairs and maintenance162€0
Environmental obligations163€0
Other liabilities and charges164/5€0
Deferred taxes168€0
Amounts payable17/49€4,297
Amounts payable after more than one year17€0
Financial debts170/4€0
Trade debts175€0
Advances received on contracts in progress176€0
Other amounts payable178/9€0
Amounts payable within one year42/48€4,297
Current portion of amounts payable after more than one year42€0
Financial debts43€0
Credit institutions430/8€0
Other loans439€0
Trade debts44€4,297
Suppliers440/4€4,297
Bills of exchange payable441€0
Advances received on contracts in progress46€0
Taxes, remuneration and social security45€0
Taxes450/3€0
Remuneration and social security454/9€0
Other amounts payable47/48€0
Accrued charges and deferred income492/3€0
Income statement Code2024
Goods, raw materials, services and sundry goods60/61€58,593
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€0
Other operating charges640/8€0
Operating charges capitalised as restructuring costs649€0
Gross operating margin9900€32,773
Operating profit (loss)9901€32,773
Financial income75/76B€1,096
Recurring financial income75€1,096
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€33,808
Transfer from deferred taxes780€0
Transfer to deferred taxes680€0
Income taxes67/77€0
Profit (loss) for the period9904€33,808
Transfer from tax-exempt reserves789€0
Transfer to tax-exempt reserves689€0
Profit (loss) for the period to be appropriated9905€33,808
Appropriation of the result
Profit (loss) to be appropriated9906€33,808
Profit (loss) brought forward from the previous period14P€0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Goods, raw materials, services and sundry goods60/61€58,593
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€0
Other operating charges640/8€0
Operating charges capitalised as restructuring costs649€0
Gross operating margin9900€32,773
Operating profit (loss)9901€32,773
Financial income75/76B€1,096
Recurring financial income75€1,096
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€33,808
Transfer from deferred taxes780€0
Transfer to deferred taxes680€0
Income taxes67/77€0
Profit (loss) for the period9904€33,808
Transfer from tax-exempt reserves789€0
Transfer to tax-exempt reserves689€0
Profit (loss) for the period to be appropriated9905€33,808
Line2024
Assets
Total assets20/58€38,105
Formation expenses20€0
Fixed assets21/28€0
Intangible fixed assets21€0
Tangible fixed assets22/27€0
Land and buildings22€0
Plant, machinery and equipment23€0
Furniture and vehicles24€0
Leasing and similar rights25€0
Other tangible fixed assets26€0
Assets under construction and advance payments27€0
Financial fixed assets28€0
Current assets29/58€38,105
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Stocks and contracts in progress3€0
Stocks30/36€0
Contracts in progress37€0
Amounts receivable within one year40/41€38,104
Trade receivables40€0
Other amounts receivable41€38,104
Current investments50/53€0
Cash at bank and in hand54/58€2
Deferred charges and accrued income490/1€0
Equity and liabilities
Total equity and liabilities10/49€38,105
Equity10/15€33,808
Contributions10/11€0
Revaluation surpluses12€0
Reserves13€0
Non-distributable reserves130/1€0
Reserves not available under the articles1311€0
Own shares acquired1312€0
Financial assistance1313€0
Other1319€0
Tax-exempt reserves132€0
Distributable reserves133€0
Profit (loss) carried forward14€33,808
Investment grants15€0
Advance to shareholders on the distribution of net assets19€0
Provisions and deferred taxes16€0
Provisions for liabilities and charges160/5€0
Pensions and similar obligations160€0
Taxes161€0
Major repairs and maintenance162€0
Environmental obligations163€0
Other liabilities and charges164/5€0
Deferred taxes168€0
Amounts payable17/49€4,297
Amounts payable after more than one year17€0
Financial debts170/4€0
Trade debts175€0
Advances received on contracts in progress176€0
Other amounts payable178/9€0
Amounts payable within one year42/48€4,297
Current portion of amounts payable after more than one year42€0
Financial debts43€0
Credit institutions430/8€0
Other loans439€0
Trade debts44€4,297
Suppliers440/4€4,297
Bills of exchange payable441€0
Advances received on contracts in progress46€0
Taxes, remuneration and social security45€0
Taxes450/3€0
Remuneration and social security454/9€0
Other amounts payable47/48€0
Accrued charges and deferred income492/3€0
Line2024
Profit (loss) for the period9904€33,808
+ Depreciation and write-downs630€0
Operating cash flow (approximation)€33,808

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 301 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Etterbeek
exact location from the address register On OpenStreetMap
Ground area
325 m²
Building footprint
129 m²
Volume, LiDAR
1,912 m³
Parcel 21005A0542/00B006, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
334 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0542/00B006 Brussels 325 m² 1 · 129 m² 17.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 12,613 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008553540
Also 9925:BE1008553540
Registered 09-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.