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MEDICORP

Active
Private limited companyfounded 20242 yrs activeMenenstraat 438, 7700 Mouscron, BelgiumKBO/BCE: BE 1013.754.423
Summary

MEDICORP has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,625 and a net result of €161,125. Its solvency ranks better than 50% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency88
Growth-
Track record67
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.07; short-term debt: 28% and cash: 45.6% of total assets), and 37% of the assets are financed with debt.
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Signals

Five 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 →
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
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
63%
Return on assets
62.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
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

On 18 September 2024, MEDICORP was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€162,625
Total assets
€258,141
Net result
€161,125
Working capital
€149,723

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

Balance-sheet composition
Assets €258,141
Fixed assets €36,066
Current assets €222,074
Equity and liabilities €258,141
Equity €162,625
Debt €95,516
Debt finances 37.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€216,040
Cash flow
€166,755
Current ratio
3.07
Debt to equity
0.59
ROE
99.1%
ROA
62.4%
Interest coverage
105.45
Debt ≤ 1 year
€72,352
Debt > 1 year
€23,164
Income taxes
€50,463

Peer companies

Historical observation

Of the 39,275 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 0.4% 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 497,058 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% 1.6%
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 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 39,275 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 · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€258,141
Fixed assets21/28€36,066
Tangible fixed assets22/27€36,066
Furniture and vehicles24€5,108
Leasing and similar rights25€29,828
Other tangible fixed assets26€1,130
Current assets29/58€222,074
Amounts receivable within one year40/41€100,454
Other amounts receivable41€100,454
Cash at bank and in hand54/58€117,812
Deferred charges and accrued income490/1€3,809
Equity and liabilities
Total equity and liabilities10/49€258,141
Equity10/15€162,625
Contributions10/11€1,500
Profit (loss) carried forward14€161,125
Amounts payable17/49€95,516
Amounts payable after more than one year17€23,164
Financial debts170/4€23,164
Amounts payable within one year42/48€72,352
Current portion of amounts payable after more than one year42€6,467
Trade debts44€2,222
Suppliers440/4€2,222
Taxes, remuneration and social security45€63,663
Taxes450/3€63,663
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,630
Other operating charges640/8€2,687
Gross operating margin9900€218,727
Operating profit (loss)9901€210,410
Financial income75/76B€3,226
Recurring financial income75€3,226
Financial charges65/66B€2,049
Recurring financial charges65€2,049
Profit (loss) for the period before taxes9903€211,587
Income taxes67/77€50,463
Profit (loss) for the period9904€161,125
Profit (loss) for the period to be appropriated9905€161,125
Appropriation of the result
Profit (loss) to be appropriated9906€161,125

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,630
Other operating charges640/8€2,687
Gross operating margin9900€218,727
Operating profit (loss)9901€210,410
Financial income75/76B€3,226
Recurring financial income75€3,226
Financial charges65/66B€2,049
Recurring financial charges65€2,049
Profit (loss) for the period before taxes9903€211,587
Income taxes67/77€50,463
Profit (loss) for the period9904€161,125
Profit (loss) for the period to be appropriated9905€161,125
Line2025
Assets
Total assets20/58€258,141
Fixed assets21/28€36,066
Tangible fixed assets22/27€36,066
Furniture and vehicles24€5,108
Leasing and similar rights25€29,828
Other tangible fixed assets26€1,130
Current assets29/58€222,074
Amounts receivable within one year40/41€100,454
Other amounts receivable41€100,454
Cash at bank and in hand54/58€117,812
Deferred charges and accrued income490/1€3,809
Equity and liabilities
Total equity and liabilities10/49€258,141
Equity10/15€162,625
Contributions10/11€1,500
Profit (loss) carried forward14€161,125
Amounts payable17/49€95,516
Amounts payable after more than one year17€23,164
Financial debts170/4€23,164
Amounts payable within one year42/48€72,352
Current portion of amounts payable after more than one year42€6,467
Trade debts44€2,222
Suppliers440/4€2,222
Taxes, remuneration and social security45€63,663
Taxes450/3€63,663
Line2025
Profit (loss) for the period9904€161,125
+ Depreciation and write-downs630€5,630
Operating cash flow (approximation)€166,755

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
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 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, Mouscron · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
819 m²
Building footprint
621 m²
Volume, LiDAR
3,834 m³
Parcel 54436A0368/00M000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
MEDICORP
Menenstraat 438, 7700 MouscronGeneral medical practice
since 20242.368.984.379
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54436A0368/00M000 Wallonia 818 m² 1 · 621 m² 7.5 m · 2 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 9,128 companies in sector 86210 we hold annual accounts for 6,335. 5,475 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
Founded18-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013754423
Also 9925:BE1013754423
Registered 02-04-2026

Register as of 27 September 2026 · Peppol Directory

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