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MEDICINAL

Active
Private limited companyfounded 201412 yrs activeSeringenlaan 11, 2970 Schilde, BelgiumKBO/BCE: BE 0548.789.574

MEDICINAL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.67M and a net result of €141k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
64 / 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-3
Solvency67=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.27 in 2024), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.2%
Return on assets
6.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
13 d late
2024
20 d late
2023
20 d late
2022
22 d late
2021
13 d early
2020
12 d late
2019
4 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
16-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€1.67M▲ 9.2%
2024 · €1.53M
2018: €463k 2019: €620k 2020: €875k 2021: €958k 2022: €1.23M 2023: €1.39M 2024: €1.53M
2018 → 2025
Total assets
€2.14M▼ 4.5%
2024 · €2.24M
2018: €2.10M 2019: €2.11M 2020: €2.14M 2021: €2.21M 2022: €2.24M 2023: €2.17M 2024: €2.24M
2018 → 2025
Net result
€141k▲ 3.0%
2024 · €137k
2018: €144k 2019: €157k 2020: €255k 2021: €321k 2022: €269k 2023: €166k 2024: €137k
2018 → 2025
Working capital
€-379k▲ 16.7%
2024 · €-455k
2018: €-372k 2019: €-344k 2020: €-334k 2021: €-359k 2022: €-198k 2023: €-462k 2024: €-455k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€958k-€1.23M▲ 28.1%€1.39M▲ 13.6%€1.53M▲ 9.9%€1.67M▲ 9.2%
Operating result€268k-€267k▼ 0.1%€274k▲ 2.7%€234k▼ 14.6%€227k▼ 2.9%
Net result€321k-€269k▼ 16.1%€166k▼ 38.1%€137k▼ 17.5%€141k▲ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €268k€268kNet result 2021: €321k€321kOperating result 2022: €267k€267kNet result 2022: €269k€269kOperating result 2023: €274k€274kNet result 2023: €166k€166kOperating result 2024: €234k€234kNet result 2024: €137k€137kOperating result 2025: €227k€227kNet result 2025: €141k€141k20212022202320242025
The operating result has fallen two years in a row; 2025 is 3% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.14M
Fixed assets €2.07M▲ 0.1%
Current assets €68k▼ 60.0%
Equity and liabilities €2.14M
Equity €1.67M▲ 9.2%
Debt €467k▼ 34.2%
The debt ratio falls from 31.7% to 21.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€231k
2024 · €237k
Cash flow
€145k
2024 · €140k
Solvency
78.2%
2024 · 68.3%
Current ratio
0.15
2024 · 0.27
Quick ratio
0.15
2024 · 0.27
Debt / equity
0.28
2024 · 0.46
ROE
8.5%
2024 · 9.0%
ROA
6.6%
2024 · 6.1%
Interest coverage
9.05
2024 · 6.31
Debt
€467k
2024 · €710k
Debt ≤ 1 year
€447k
2024 · €625k
Debt > 1 year
€0
2024 · €61k
Income taxes
€60k
2024 · €59k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.24M€2.14M
Fixed assets21/28€2.07M€2.07M
Tangible fixed assets22/27€10k€11k
Plant, machinery and equipment23€10k€11k
Financial fixed assets28€2.06M€2.06M=
Current assets29/58€170k€68k
Amounts receivable within one year40/41€660€660=
Other amounts receivable41€660€660=
Cash at bank and in hand54/58€170k€67k
Deferred charges and accrued income490/1€190€0
Equity and liabilities
Total equity and liabilities10/49€2.24M€2.14M
Equity10/15€1.53M€1.67M
Contributions10/11€19k€19k=
Reserves13€496k€637k
Distributable reserves133€496k€637k
Profit (loss) carried forward14€1.02M€1.02M=
Amounts payable17/49€710k€467k
Amounts payable after more than one year17€61k€0
Financial debts170/4€61k€0
Amounts payable within one year42/48€625k€447k
Current portion of amounts payable after more than one year42€161k€75k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€23k€16k
Taxes450/3€23k€16k
Other amounts payable47/48€437k€352k
Accrued charges and deferred income492/3€24k€21k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k
Other operating charges640/8€254€186
Gross operating margin9900€238k€231k
Operating profit (loss)9901€234k€227k
Financial charges65/66B€38k€26k
Recurring financial charges65€38k€26k
Profit (loss) for the period before taxes9903€197k€202k
Income taxes67/77€59k€60k
Profit (loss) for the period9904€137k€141k
Profit (loss) for the period to be appropriated9905€137k€141k
Appropriation of the result
Profit (loss) to be appropriated9906€1.15M€1.16M
Profit (loss) brought forward from the previous period14P€1.02M€1.02M=
Transfer to equity691/2€137k€141k
To other reserves6921€137k€141k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial Weakest financial yearnet €137k ▼17.5%
Net result drops to €137k, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial Equity above €1MEq €1.23M ▲28.1%
5 profitable years in a row build equity to €1.23M.
18-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €321k ▲25.7%
Net result €321k, the highest in the series.
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €500kEq €620k ▲34%
2 profitable years in a row build equity to €620k.
22-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
01-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Schilde · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Seringenlaan 112970 Schilde
Ground area
2,237 m²
Building footprint
250 m²
Volume, LiDAR
1,044 m³
Parcel 11039D0027/00A000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Medicinal
Seringenlaan 11, 2970 SchildeHoldings
since 20142.233.328.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11039D0027/00A000 Flanders 2,237 m² 1 · 250 m² 6.6 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,241 companies in sector 70200 we hold annual accounts for 52,391. 22,119 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-03-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.