MEDICON
ActiveSummary
MEDICON has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183,479 and a net result of -€28,914. Equity is shrinking by ~10.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▲+1
Solvency39▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 86.4% and cash: 0.4% of total assets), and 86.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€28,914
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
21 d late
2023
27 d late
2022
25 d late
2021
30 d late
2020
122 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 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 (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 25 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€183,479▼ 13.6%
2024 · €212,393
Total assets
€1.3m▼ 0.8%
2024 · €1.4m
Net result
-€28,914▲ 33.1%
2024 · -€43,191
Working capital
-€1.1m▼ 1.2%
2024 · -€1.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€21,727▲ 30.0%-€33,329▼ 53.4%-€27,000▲ 19.0%-€42,671▼ 58.0%-€28,559▲ 33.1%
Net result-€24,865▲ 23.8%-€34,182▼ 37.5%-€27,447▲ 19.7%-€43,191▼ 57.4%-€28,914▲ 33.1%
Equity€317,214▼ 7.3%€283,031▼ 10.8%€255,584▼ 9.7%€212,393▼ 16.9%€183,479▼ 13.6%
Total assets€1.4m▼ 1.1%€1.4m▼ 0.5%€1.4m▼ 1.3%€1.4m▼ 1.8%€1.3m▼ 0.8%
Debt€1.1m▲ 0.9%€1.1m▲ 2.5%€1.1m▲ 0.8%€1.1m▲ 1.6%€1.2m▲ 1.6%
Working capital-€1.1m▼ 1.4%-€1.1m▼ 2.2%-€1.1m▼ 1.0%-€1.1m▼ 2.5%-€1.1m▼ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28,559 in 2025 against €42,671 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.3m ▼ 1.1%
Current assets
€12,503 ▲ 48.3%
Equity and liabilities €1.3m
Equity
€183,479 ▼ 13.6%
Debt
€1.2m ▲ 1.6%
Debt's share of the balance-sheet total rises from 84.3% to 86.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,646▲
2024 · -€26,657
Cash flow
-€14,001▲
2024 · -€27,178
Current ratio
0.01▲
2024 · 0.01
Debt to equity
6.33▲
2024 · 5.38
ROE
-15.8%▲
2024 · -20.3%
ROA
-2.1%▲
2024 · -3.2%
Interest coverage
-38.44▲
2024 · -51.19
Debt ≤ 1 year
€1.2m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,356 | €16,163 | €16,313 | €16,013 | €14,913 | ▼ 6.9% |
| Other operating charges640/8 | €3,875 | €4,842 | €5,157 | €8,350 | €5,789 | ▼ 30.7% |
| Gross operating margin9900 | -€1,496 | -€12,324 | -€5,529 | -€18,308 | -€7,856 | ▲ 57.1% |
| Operating profit (loss)9901 | -€21,727 | -€33,329 | -€27,000 | -€42,671 | -€28,559 | ▲ 33.1% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €934 | €854 | €448 | €521 | €355 | ▼ 31.8% |
| Recurring financial charges65 | €934 | €854 | €448 | €521 | €355 | ▼ 31.8% |
| Profit (loss) for the period before taxes9903 | -€22,661 | -€34,182 | -€27,447 | -€43,191 | -€28,914 | ▲ 33.1% |
| Income taxes67/77 | €2,203 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€24,865 | -€34,182 | -€27,447 | -€43,191 | -€28,914 | ▲ 33.1% |
| Profit (loss) for the period to be appropriated9905 | -€24,865 | -€34,182 | -€27,447 | -€43,191 | -€28,914 | ▲ 33.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 0.8% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 1.1% |
| Tangible fixed assets22/27 | €226,434 | €215,765 | €199,452 | €183,438 | €168,525 | ▼ 8.1% |
| Land and buildings22 | €187,561 | €179,298 | €171,035 | €162,772 | €154,509 | ▼ 5.1% |
| Plant, machinery and equipment23 | - | €844 | €454 | €63 | - | - |
| Furniture and vehicles24 | €3,947 | €3,477 | €3,007 | €2,537 | €2,067 | ▼ 18.5% |
| Other tangible fixed assets26 | €34,926 | €32,146 | €24,956 | €18,066 | €11,949 | ▼ 33.9% |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €16,392 | €19,695 | €17,484 | €8,429 | €12,503 | ▲ 48.3% |
| Amounts receivable within one year40/41 | €12,277 | €14,078 | €14,883 | €7,757 | €6,655 | ▼ 14.2% |
| Trade receivables40 | €6,655 | €6,655 | €6,655 | €6,655 | €6,655 | = |
| Other amounts receivable41 | €5,622 | €7,423 | €8,228 | €1,102 | - | - |
| Cash at bank and in hand54/58 | €4,115 | €5,617 | €2,601 | €672 | €5,848 | ▲ 771% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 0.8% |
| Equity10/15 | €317,214 | €283,031 | €255,584 | €212,393 | €183,479 | ▼ 13.6% |
| Contributions10/11 | €163,963 | €163,963 | €163,963 | €163,963 | €163,963 | = |
| Capital10 | €163,963 | €163,963 | €163,963 | €163,963 | €163,963 | = |
| Issued capital100 | €170,155 | €170,155 | €170,155 | €170,155 | €170,155 | = |
| Uncalled capital101 | €6,192 | €6,192 | €6,192 | €6,192 | €6,192 | = |
| Reserves13 | €216,313 | €216,313 | €216,313 | €216,313 | €216,313 | = |
| Non-distributable reserves130/1 | €57,016 | €57,016 | €57,016 | €57,016 | €57,016 | = |
| Legal reserve130 | €57,016 | €57,016 | €57,016 | €57,016 | €57,016 | = |
| Tax-exempt reserves132 | €22,034 | - | - | - | - | - |
| Distributable reserves133 | €137,263 | €159,297 | €159,297 | €159,297 | €159,297 | = |
| Profit (loss) carried forward14 | -€63,062 | -€97,244 | -€124,692 | -€167,883 | -€196,797 | ▼ 17.2% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 1.6% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 1.6% |
| Financial debts43 | - | - | - | €1.1m | - | - |
| Credit institutions430/8 | - | - | - | €13 | - | - |
| Other loans439 | - | - | - | €1.1m | - | - |
| Trade debts44 | €344 | - | - | - | - | - |
| Suppliers440/4 | €344 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €2,203 | - | - | - | - | - |
| Taxes450/3 | €2,203 | - | - | - | - | - |
| Other amounts payable47/48 | €1.1m | €1.1m | €1.1m | €7,455 | €1.2m | ▲ 15,479% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,865 | -€34,182 | -€27,447 | -€43,191 | -€28,914 | ▲ 33.1% |
| + Depreciation and write-downs630 | €16,356 | €16,163 | €16,313 | €16,013 | €14,913 | ▼ 6.9% |
| Operating cash flow (approximation) | -€8,509 | -€18,020 | -€11,134 | -€27,178 | -€14,001 | ▲ 48.5% |
| Investment in fixed assets (approximation) | - | -€5,494 | €0 | €0 | €0 | - |
| Change in cash | - | €1,501 | -€3,016 | -€1,929 | €5,177 | ▲ 368% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Koksijde · 1 establishment unit since 1995
Ground area
1,042 m²
Building footprint
129 m²
Volume, LiDAR
1,023 m³
Parcel 38018A0619/00A000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEDICON NV
since 19952.050.746.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A0619/00A000 | Flanders | 1,042 m² | 1 · 129 m² | 10.0 m · 3 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.
Identification & contact
Identification
Legal formPublic limited company
Founded10-12-1990
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.