MEDIDEVS
ActiveSummary
MEDIDEVS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €32k. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 86% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 6.43 against 2.61 in 2023; short-term debt: 13.2% and cash: 50.4% of total assets), and 15% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
33 d early
2022
on the day
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€105k▲ 6.7%
2023 · €98k
2021: €24klowest in 4 years
2022: €59k▲ +141% vs 2021
2023: €98k▲ +67.5% vs 2022
2024: €105k▲ +6.7% vs 2023highest in 4 years
2021 → 2024
Total assets
€124k▼ 18.9%
2023 · €152k
2021: €53klowest in 4 years
2022: €94k▲ +76.5% vs 2021
2023: €152k▲ +62.6% vs 2022highest in 4 years
2024: €124k▼ -18.9% vs 2023
2021 → 2024
Net result
€32k▼ 66.2%
2023 · €94k
2021: €14klowest in 4 years
2022: €48k▲ +236% vs 2021
2023: €94k▲ +93.8% vs 2022highest in 4 years
2024: €32k▼ -66.2% vs 2023
2021 → 2024
Working capital
€88k▲ 10.7%
2023 · €80k
2021: €13klowest in 4 years
2022: €46k▲ +268% vs 2021
2023: €80k▲ +72.7% vs 2022
2024: €88k▲ +10.7% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€24k-€59k▲ 141%€98k▲ 67.5%€105k▲ 6.7%
2021: €24klowest in 4 years
2022: €59k▲ +141% vs 2021
2023: €98k▲ +67.5% vs 2022
2024: €105k▲ +6.7% vs 2023highest in 4 years
Operating result€22k-€64k▲ 193%€125k▲ 94.6%€47k▼ 62.2%
2021: €22klowest in 4 years
2022: €64k▲ +193% vs 2021
2023: €125k▲ +94.6% vs 2022highest in 4 years
2024: €47k▼ -62.2% vs 2023
Net result€14k-€48k▲ 236%€94k▲ 93.8%€32k▼ 66.2%
2021: €14klowest in 4 years
2022: €48k▲ +236% vs 2021
2023: €94k▲ +93.8% vs 2022highest in 4 years
2024: €32k▼ -66.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€19k ▼ 17.1%
Current assets
€105k ▼ 19.2%
Equity and liabilities €124k
Equity
€105k ▲ 6.7%
Debt
€19k ▼ 65.7%
Debt's share of the balance-sheet total falls from 35.4% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▼
2023 · €129k
Cash flow
€36k▼
2023 · €97k
Current ratio
6.43▲
2023 · 2.61
Debt to equity
0.18▼
2023 · 0.55
ROE
30.1%▼
2023 · 95.2%
ROA
25.6%▼
2023 · 61.5%
Interest coverage
15.57▼
2023 · 79.11
Debt ≤ 1 year
€16k▼
2023 · €50k
Income taxes
€13k▼
2023 · €30k
Staff costs
€17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€152k€124k▼
Fixed assets21/28€23k€19k▼
Tangible fixed assets22/27€23k€19k▼
Plant, machinery and equipment23€436€238▼
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€18k€15k▼
Current assets29/58€129k€105k▼
Amounts receivable within one year40/41€36k€41k▲
Trade receivables40€33k€23k▼
Other amounts receivable41€3k€18k▲
Cash at bank and in hand54/58€91k€62k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€152k€124k▼
Equity10/15€98k€105k▲
Contributions10/11€10k€10k=
Reserves13€88k€95k▲
Distributable reserves133€88k€95k▲
Amounts payable17/49€54k€19k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€50k€16k▼
Current portion of amounts payable after more than one year42€5k€2k▼
Financial debts43€4k€1k▼
Credit institutions430/8€4k€1k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€36k€6k▼
Taxes450/3€34k€1k▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€2k€6k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€131k€74k▼
Operating profit (loss)9901€125k€47k▼
Financial income75/76B€275€70▼
Recurring financial income75€275€70▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€124k€44k▼
Income taxes67/77€30k€13k▼
Profit (loss) for the period9904€94k€32k▼
Profit (loss) for the period to be appropriated9905€94k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€32k▼
Transfer from equity791/2€39k€25k▼
Transfer to equity691/2€79k€32k▼
To other reserves6921€79k€32k▼
Profit to be distributed694/7€54k€25k▼
Return on contributions (dividend)694€54k€25k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €4k | ▲ 32.2% |
| Other operating charges640/8 | €1k | €2k | €2k | €5k | ▲ 162% |
| Gross operating margin9900 | €26k | €69k | €131k | €74k | ▼ 43.6% |
| Operating profit (loss)9901 | €22k | €64k | €125k | €47k | ▼ 62.2% |
| Financial income75/76B | - | €2k | €275 | €70 | ▼ 74.6% |
| Recurring financial income75 | - | €2k | €275 | €70 | ▼ 74.6% |
| Financial charges65/66B | €918 | €3k | €2k | €3k | ▲ 104% |
| Recurring financial charges65 | €918 | €3k | €2k | €3k | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €21k | €63k | €124k | €44k | ▼ 64.4% |
| Income taxes67/77 | €7k | €15k | €30k | €13k | ▼ 58.7% |
| Profit (loss) for the period9904 | €14k | €48k | €94k | €32k | ▼ 66.2% |
| Profit (loss) for the period to be appropriated9905 | €14k | €48k | €94k | €32k | ▼ 66.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €53k | €94k | €152k | €124k | ▼ 18.9% |
| Fixed assets21/28 | €24k | €22k | €23k | €19k | ▼ 17.1% |
| Tangible fixed assets22/27 | €24k | €22k | €23k | €19k | ▼ 17.1% |
| Plant, machinery and equipment23 | €832 | €634 | €436 | €238 | ▼ 45.5% |
| Furniture and vehicles24 | €1k | €1k | €5k | €4k | ▼ 27.6% |
| Other tangible fixed assets26 | €22k | €20k | €18k | €15k | ▼ 13.6% |
| Current assets29/58 | €29k | €72k | €129k | €105k | ▼ 19.2% |
| Amounts receivable within one year40/41 | €25k | €45k | €36k | €41k | ▲ 13.9% |
| Trade receivables40 | €11k | €20k | €33k | €23k | ▼ 31.2% |
| Other amounts receivable41 | €14k | €25k | €3k | €18k | ▲ 495% |
| Cash at bank and in hand54/58 | €2k | €25k | €91k | €62k | ▼ 31.8% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €1k | ▼ 38.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €53k | €94k | €152k | €124k | ▼ 18.9% |
| Equity10/15 | €24k | €59k | €98k | €105k | ▲ 6.7% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Reserves13 | €14k | €49k | €88k | €95k | ▲ 7.5% |
| Distributable reserves133 | €14k | €49k | €88k | €95k | ▲ 7.5% |
| Amounts payable17/49 | €29k | €35k | €54k | €19k | ▼ 65.7% |
| Amounts payable after more than one year17 | €11k | €7k | €2k | - | - |
| Financial debts170/4 | €11k | €7k | €2k | - | - |
| Amounts payable within one year42/48 | €16k | €26k | €50k | €16k | ▼ 67.2% |
| Current portion of amounts payable after more than one year42 | - | €5k | €5k | €2k | ▼ 57.4% |
| Financial debts43 | €759 | €559 | €4k | €1k | ▼ 75.8% |
| Credit institutions430/8 | €759 | €559 | €4k | €1k | ▼ 75.8% |
| Trade debts44 | €9k | €1k | €3k | €2k | ▼ 27.7% |
| Suppliers440/4 | €9k | €1k | €3k | €2k | ▼ 27.7% |
| Taxes, remuneration and social security45 | €7k | €19k | €36k | €6k | ▼ 84.3% |
| Taxes450/3 | €7k | €19k | €34k | €1k | ▼ 96.1% |
| Remuneration and social security454/9 | - | - | €2k | €4k | ▲ 98.9% |
| Other amounts payable47/48 | - | - | €2k | €6k | ▲ 260% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | €2k | ▼ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €48k | €94k | €32k | ▼ 66.2% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €4k | ▲ 32.2% |
| Operating cash flow (approximation) | €17k | €52k | €97k | €36k | ▼ 62.9% |
| Investment in fixed assets (approximation) | - | €-660 | €-4k | €-330 | ▲ 92.3% |
| Change in cash | - | €23k | €66k | €-29k | ▼ 144% |
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
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.43
Current ratio from 2.61 to 6.43; short-term debt falls from €50k to €16k.
31-12
Financial
Equity above €100kEq €105k ▲6.7%
4 profitable years in a row build equity to €105k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €94k ▲93.8%
Operating result €125k, net result €94k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Grobbendonk · 1 establishment unit since 2020
Ground area
1,138 m²
Building footprint
140 m²
Volume, LiDAR
725 m³
Parcel 13010C0039/00T002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEDIDEVS
since 20202.309.108.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010C0039/00T002 | Flanders | 1,138 m² | 1 · 140 m² | 7.8 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.
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Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,547 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
Founded02-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
63920Other information service activities
Contact
E-mail
dirk.joostens@medidevs.be
Phone
0468221332
Phone
0467221332Grobbendonk
Scores and ratios are computed by Checked and are not a credit decision.