MEDICOTRONIX
ActiveMEDICOTRONIX has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-3k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency45▼-8
Growth22=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 1.14 in 2024), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
-1.2%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3k
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
64 d early
2023
65 d early
2022
54 d early
2021
20 d early
2020
59 d early
2019
45 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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€869k▼ 28.0%
2018 · €1.21M
2018: €1.21M
2018 → 2019
EBIT margin
6.7%▲ 4.8pp
2018 · 1.9%
2018: 1.9%
2018 → 2019
Net result
€-3k▲ 95.2%
2024 · €-58k
2018: €10k
2019: €32k
2020: €34k
2021: €59k
2022: €36k
2023: €47k
2024: €-58k
2018 → 2025
Working capital
€-4k
2024 · €19k
2018: €115k
2019: €129k
2020: €234k
2021: €124k
2022: €118k
2023: €173k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€176k▼ 1.7%€213k▲ 21.3%€77k▼ 63.8%€68k▼ 12.2%
Operating result€106k-€74k▼ 29.6%€70k▼ 6.4%€-56k€243
Net result€59k-€36k▼ 38.2%€47k▲ 30.1%€-58k€-3k▲ 95.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €243 after a loss of €56k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232k
Fixed assets
€84k▼ 6.8%
Current assets
€148k▼ 3.8%
Equity and liabilities €232k
Equity
€68k▼ 12.2%
Debt
€164k▼ 1.5%
The debt ratio rises from 68.4% to 70.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€20k▲
2024 · €-30k
Cash flow
€17k▲
2024 · €-32k
Solvency
29.2%▼
2024 · 31.6%
Current ratio
0.97▼
2024 · 1.14
Quick ratio
0.60▼
2024 · 0.73
Debt / equity
2.42▲
2024 · 2.16
ROE
-4.2%▲
2024 · -75.2%
ROA
-1.2%▲
2024 · -23.8%
Interest coverage
8.22▲
2024 · -22.84
Debt
€164k▼
2024 · €167k
Debt ≤ 1 year
€152k▲
2024 · €135k
Debt > 1 year
€11k▼
2024 · €32k
Income taxes
€955▼
2024 · €1k
Staff costs
€74k▼
2024 · €76k
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€244k€232k▼
Fixed assets21/28€90k€84k▼
Tangible fixed assets22/27€90k€84k▼
Land and buildings22€26k€26k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€33k€51k▲
Leasing and similar rights25€23k€0▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€154k€148k▼
Stocks and contracts in progress3€55k€56k▲
Stocks30/36€55k€56k▲
Amounts receivable within one year40/41€55k€82k▲
Trade receivables40€50k€69k▲
Other amounts receivable41€4k€13k▲
Cash at bank and in hand54/58€40k-
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€244k€232k▼
Equity10/15€77k€68k▼
Reserves13€69k€65k▼
Tax-exempt reserves132€58k€58k=
Distributable reserves133€12k€7k▼
Profit (loss) carried forward14€8k€3k▼
Amounts payable17/49€167k€164k▼
Amounts payable after more than one year17€32k€11k▼
Financial debts170/4€32k€11k▼
Amounts payable within one year42/48€135k€152k▲
Current portion of amounts payable after more than one year42€19k€16k▼
Financial debts43-€28k
Credit institutions430/8-€28k
Trade debts44€49k€73k▲
Suppliers440/4€49k€73k▲
Taxes, remuneration and social security45€64k€34k▼
Taxes450/3€52k€27k▼
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€152€858▲
Income statement
Code20242025
Remuneration, social security and pensions62€76k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€19k▼
Other operating charges640/8€1k€4k▲
Non-recurring operating charges66A€180€13k▲
Gross operating margin9900€48k€111k▲
Operating profit (loss)9901€-56k€243▲
Financial income75/76B€24€289▲
Recurring financial income75€24€289▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-57k€-2k▲
Income taxes67/77€1k€955▼
Profit (loss) for the period9904€-58k€-3k▲
Profit (loss) for the period to be appropriated9905€-58k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€5k▼
Profit (loss) brought forward from the previous period14P€75k€8k▼
Profit to be distributed694/7€9k€2k▼
Directors or managers695€9k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-58k ▼222%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €213k ▲21.3%
6 profitable years in a row build equity to €213k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €59k ▲75%
Operating result €106k, net result €59k, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Fleurus · 1 establishment unit since 1990
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.
Avenue de l'Espérance(F) 446220 FleurusGround area
2,807 m²
Building footprint
450 m²
Volume, LiDAR
435 m³
2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Charleroi 7, 6061 Charleroi
since 19902.050.164.977
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52332B0497/00N000 | Wallonia | 2,672 m² | 1 · 405 m² | - |
| 52049C0109/00S004 | Wallonia | 135 m² | 1 · 45 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,894 companies in sector 46460 we hold annual accounts for 1,114. 536 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-1990
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.