MEDICOR
ActiveSummary
MEDICOR has been active since 1994 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show negative equity (-€67,614) and a net result of €60,080. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 5% of 1246 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+35
Solvency9▲+9
Growth75▲+16
Track record92
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.18 in 2023; short-term debt: 57% and cash: 24.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
-15.6%
Return on assets
13.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1246 sector peers (2024).
NBB · sector comparisonPosition among 1246 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
153 d late
2022
220 d late
2020
321 d late
2019
146 d late
2018
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 181 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
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 2024, full schema
Turnover
€252,498▲ 25.4%
2023 · €201,328
EBIT margin
31.8%▲ 27.0pp
2023 · 4.8%
Net result
€60,080
2023 · -€9,329
Working capital
-€126,607▲ 38.3%
2023 · -€205,360
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202220232024
Turnover€151,014▲ 13.9%€136,098▼ 9.9%€195,500-€201,328▲ 3.0%€252,498▲ 25.4%
Operating result-€3,962€11,667€6,558-€9,701▲ 47.9%€80,402▲ 729%
Net result-€18,784▼ 27.4%-€2,420below the sector's middle half▲ 87.1%-€11,848below the sector's middle half--€9,329below the sector's middle half▲ 21.3%€60,080within the sector's middle half
EBIT margin-2.6%▼ 3.3pp8.6%▲ 11.2pp3.4%-4.8%▲ 1.5pp31.8%▲ 27.0pp
Equity-€109,366▼ 20.7%-€111,786below the sector's middle half▼ 2.2%-€118,366below the sector's middle half--€127,695below the sector's middle half▼ 7.9%-€67,614below the sector's middle half▲ 47.1%
Total assets€177,378▼ 5.9%€185,433below the sector's middle half▲ 4.5%€420,612within the sector's middle half-€402,543within the sector's middle half▼ 4.3%€433,825within the sector's middle half▲ 7.8%
Debt€286,744▲ 2.7%€297,219▲ 3.7%€538,977-€530,237▼ 1.6%€501,439▼ 5.4%
Working capital-€213,105▼ 3.7%-€197,881below the sector's middle half▲ 7.1%-€174,397below the sector's middle half--€205,360below the sector's middle half▼ 17.8%-€126,607below the sector's middle half▲ 38.3%
Solvency-61.7%▼ 13.6pp-60.3%below the sector's middle half▲ 1.4pp-28.1%below the sector's middle half--31.7%below the sector's middle half▼ 3.6pp-15.6%below the sector's middle half▲ 16.1pp
Current ratio0.17▲ 0.040.28below the sector's middle half▲ 0.110.24below the sector's middle half-0.18below the sector's middle half▼ 0.060.49below the sector's middle half▲ 0.31
Return on assets (ROA)-10.6%▼ 2.8pp-1.3%below the sector's middle half▲ 9.3pp-2.8%below the sector's middle half--2.3%below the sector's middle half▲ 0.5pp13.8%within the sector's middle half▲ 16.2pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 729% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €433,825
Fixed assets
€313,203 ▼ 12.2%
Current assets
€120,622 ▲ 164%
Key figures and ratios
EBITDA
€126,623▲
2023 · €47,281
Cash flow
€106,301▲
2023 · €28,251
Debt to equity
-7.42▼
2023 · -4.15
Interest coverage
6.13▲
2023 · 2.16
Debt ≤ 1 year
€247,229▼
2023 · €251,061
Debt > 1 year
€254,210▼
2023 · €279,176
Income taxes
€150▲
2023 · -€2,875
Staff costs
€4,683▼
2023 · €12,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,795 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
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €151,014 | €136,098 | €195,500 | €201,328 | €252,498 | ▲ 25.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €95,393 | €119,569 | €145,197 | €123,439 | ▼ 15.0% |
| Remuneration, social security and pensions62 | - | - | €3,059 | €12,559 | €4,683 | ▼ 62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,124 | €26,358 | €37,369 | €37,580 | €46,221 | ▲ 23.0% |
| Other operating charges640/8 | - | €2,680 | €37,487 | €5,303 | €6,866 | ▲ 29.5% |
| Gross operating margin9900 | €40,956 | €40,705 | €84,474 | €65,142 | €138,171 | ▲ 112% |
| Operating profit (loss)9901 | -€3,962 | €11,667 | €6,558 | €9,701 | €80,402 | ▲ 729% |
| Financial income75/76B | - | - | €7 | - | €501 | - |
| Recurring financial income75 | €1 | - | €7 | - | €501 | - |
| Financial charges65/66B | - | €14,087 | €18,414 | €21,904 | €20,673 | ▼ 5.6% |
| Recurring financial charges65 | €14,822 | €14,087 | €18,414 | €21,904 | €20,673 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | -€18,784 | -€2,420 | -€11,848 | -€12,204 | €60,230 | ▲ 594% |
| Income taxes67/77 | - | - | - | -€2,875 | €150 | ▲ 105% |
| Profit (loss) for the period9904 | -€18,784 | -€2,420 | -€11,848 | -€9,329 | €60,080 | ▲ 744% |
| Profit (loss) for the period to be appropriated9905 | -€18,784 | -€2,420 | -€11,848 | -€9,329 | €60,080 | ▲ 744% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €177,378 | €185,433 | €420,612 | €402,543 | €433,825 | ▲ 7.8% |
| Fixed assets21/28 | €134,471 | €110,176 | €364,599 | €356,842 | €313,203 | ▼ 12.2% |
| Tangible fixed assets22/27 | €134,471 | €110,176 | €364,599 | €356,842 | €313,203 | ▼ 12.2% |
| Land and buildings22 | - | €106,873 | €362,287 | €346,022 | €303,648 | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €1,129 | €1,349 | €3,754 | €5,146 | ▲ 37.1% |
| Furniture and vehicles24 | - | €2,174 | €963 | €7,067 | €4,409 | ▼ 37.6% |
| Current assets29/58 | €42,907 | €75,257 | €56,013 | €45,701 | €120,622 | ▲ 164% |
| Amounts receivable within one year40/41 | €8,446 | €16,637 | €9,550 | €13,301 | €14,729 | ▲ 10.7% |
| Trade receivables40 | - | €16,637 | €9,550 | €13,301 | €14,729 | ▲ 10.7% |
| Cash at bank and in hand54/58 | €34,461 | €58,620 | €45,432 | €31,213 | €105,091 | ▲ 237% |
| Deferred charges and accrued income490/1 | - | - | €1,030 | €1,187 | €802 | ▼ 32.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €177,378 | €185,433 | €420,612 | €402,543 | €433,825 | ▲ 7.8% |
| Equity10/15 | -€109,366 | -€111,786 | -€118,366 | -€127,695 | -€67,614 | ▲ 47.1% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Capital10 | - | €6,197 | €6,197 | - | - | - |
| Issued capital100 | - | €18,592 | €18,592 | - | - | - |
| Uncalled capital101 | - | €12,395 | €12,395 | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€117,422 | -€119,842 | -€126,422 | -€135,751 | -€75,671 | ▲ 44.3% |
| Amounts payable17/49 | €286,744 | €297,219 | €538,977 | €530,237 | €501,439 | ▼ 5.4% |
| Amounts payable after more than one year17 | €30,731 | €24,081 | €308,568 | €279,176 | €254,210 | ▼ 8.9% |
| Financial debts170/4 | - | €24,081 | €308,568 | €279,176 | €254,210 | ▼ 8.9% |
| Amounts payable within one year42/48 | €256,012 | €273,138 | €230,409 | €251,061 | €247,229 | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | - | €6,650 | €36,181 | €34,852 | €24,883 | ▼ 28.6% |
| Trade debts44 | €3,792 | €10,608 | €3,188 | €6,703 | €6,506 | ▼ 2.9% |
| Suppliers440/4 | - | €10,608 | €3,188 | €6,703 | €6,506 | ▼ 2.9% |
| Taxes, remuneration and social security45 | - | €13,745 | €29,050 | €36,072 | €35,851 | ▼ 0.6% |
| Taxes450/3 | - | €13,745 | €25,991 | €35,989 | €35,768 | ▼ 0.6% |
| Remuneration and social security454/9 | - | - | €3,059 | €83 | €83 | = |
| Other amounts payable47/48 | - | €242,135 | €161,991 | €173,434 | €179,989 | ▲ 3.8% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,784 | -€2,420 | -€11,848 | -€9,329 | €60,080 | ▲ 744% |
| + Depreciation and write-downs630 | €38,124 | €26,358 | €37,369 | €37,580 | €46,221 | ▲ 23.0% |
| Operating cash flow (approximation) | €19,340 | €23,938 | €25,521 | €28,251 | €106,301 | ▲ 276% |
| Investment in fixed assets (approximation) | - | -€2,063 | - | -€29,823 | -€2,582 | ▲ 91.3% |
| Change in cash | - | €24,159 | - | -€14,219 | €73,878 | ▲ 620% |
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 90 days late
2024
31-12
Financial
Back to profitnet €60,080
Net result €60,080 after 5 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 153 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 220 days late
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 321 days late
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 146 days late
2019
31-12
Financial
Weakest financial yearnet -€18,784
Net result drops to -€18,784, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 153 days late
2018
29-11
KBO administration
Strikeout withdrawal
event 31-10-2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 151 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 318 days late
2014
17-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 78 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Jette · 2 establishment units since 1994
Ground area
1,157 m²
Building footprint
323 m²
Volume, LiDAR
3,787 m³
2 parcels, Brussels, Wallonia · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Dieleghemdreef 38, 1090 Jette
since 19942.313.852.747
Avenue Général-Jacques 54, 1400 Nivelles
since 19942.313.853.440
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010A0086/00P006 | Brussels | 793 m² | 1 · 155 m² | 8.7 m · 2 fl. |
| 25782C0399/00R000 | Wallonia | 364 m² | 1 · 168 m² | 20.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900DMPVBI6GU9BQ66
Similar companies · same sector and region
ANTENNE TOURNESOL
BE 0478.369.950
Jette
BOUHOUTE
BE 0875.646.120
Jette
CODIPRO
BE 0468.634.615
Jette
DOCTEUR PHILIPPE LEONARD
BE 0515.981.305
Jette
Dokter Lio Eggers
BE 1028.832.973
Jette
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,130 companies in sector 86210 we hold annual accounts for 6,336. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
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.