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Medicode

Active
Private limited companyfounded 20242 yrs activeHerentalsebaan 141, 2150 Antwerpen, BelgiumKBO/BCE: BE 1013.057.310

The computed 12-month bankruptcy probability of Medicode is 2.1% (moderate). The 2025 annual accounts show equity of €36k and a net result of €-14k. Its solvency ranks better than 62% of 11297 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
45 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency82
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.34; short-term debt: 42.8% and cash: 3.2% of total assets), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
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
elevated failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.2%
Return on assets
-21.6%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
25 d early
← before the deadline after the 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, micro schema

Equity
€36k
Total assets
€63k
Net result
€-14k
Working capital
€36k

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

Balance-sheet composition
Equity and liabilities €63k
Equity €36k
Debt €27k
Debt finances 42.8% of the balance-sheet total.
Key figures and ratios
2025 value
Solvency
57.2%
Current ratio
2.34
Quick ratio
0.13
Debt / equity
0.75
ROE
-37.8%
ROA
-21.6%
Debt
€27k
Debt ≤ 1 year
€27k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€63k
Current assets29/58€63k
Stocks and contracts in progress3€60k
Stocks30/36€60k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Cash at bank and in hand54/58€2k
Equity and liabilities
Total equity and liabilities10/49€63k
Equity10/15€36k
Contributions10/11€50k
Profit (loss) carried forward14€-14k
Amounts payable17/49€27k
Amounts payable within one year42/48€27k
Trade debts44€3k
Suppliers440/4€3k
Other amounts payable47/48€25k
Income statement Code2025
Other operating charges640/8€4k
Gross operating margin9900€-8k
Operating profit (loss)9901€-13k
Financial income75/76B€72
Recurring financial income75€72
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€-14k
Profit (loss) for the period9904€-14k
Profit (loss) for the period to be appropriated9905€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€-14k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing

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, Antwerpen · 1 establishment unit since 2024
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.

Herentalsebaan 1412150 Antwerpen
Ground area
438 m²
Building footprint
124 m²
Volume, LiDAR
1,053 m³
Parcel 11007A0002/00H004, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Medicode
Herentalsebaan 141, 2150 AntwerpenWholesale of pharmaceutical and medical goods
since 20242.363.350.659
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11007A0002/00H004 Flanders 438 m² 1 · 124 m² 10.2 m · 3 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 1,898 companies in sector 46460 we hold annual accounts for 1,116. 419 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-09-2024
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.