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MEDIM

Active
Private limited companyfounded 20206 yrs activeLandegemstraat 19, 9750 Kruisem, BelgiumKBO/BCE: BE 0745.915.647

MEDIM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €766k and a net result of €167k. Equity is growing by ~49.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
56 / 100
Fair▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency51▲+20
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.44 in 2024), and 59.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 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
40.5%
Return on assets
8.8%
Age of the figures
8 mo
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 →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
7 d early
2024
11 d late
2023
7 d early
2022
31 d late
2021
31 d late
← 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€766k▲ 28.0%
2024 · €599k
2021: €30k 2022: €183k 2023: €384k 2024: €599k
2021 → 2025
Total assets
€1.89M▼ 14.0%
2024 · €2.20M
2021: €875k 2022: €1.83M 2023: €2.35M 2024: €2.20M
2021 → 2025
Net result
€167k▼ 22.1%
2024 · €215k
2021: €-190k 2022: €153k 2023: €201k 2024: €215k
2021 → 2025
Working capital
€-354k▲ 26.6%
2024 · €-482k
2021: €-204k 2022: €-547k 2023: €-976k 2024: €-482k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€30k-€183k▲ 502%€384k▲ 110%€599k▲ 56.0%€766k▲ 28.0%
Operating result€-181k-€155k€235k▲ 51.8%€272k▲ 15.7%€258k▼ 5.1%
Net result€-190k-€153k€201k▲ 31.7%€215k▲ 6.9%€167k▼ 22.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200kOperating result 2021: €-181k€-181kNet result 2021: €-190k€-190kOperating result 2022: €155k€155kNet result 2022: €153k€153kOperating result 2023: €235k€235kNet result 2023: €201k€201kOperating result 2024: €272k€272kNet result 2024: €215k€215kOperating result 2025: €258k€258kNet result 2025: €167k€167k20212022202320242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets €1.79M▼ 1.4%
Current assets €98k▼ 74.3%
Equity and liabilities €1.89M
Equity €766k▲ 28.0%
Debt €1.13M▼ 29.7%
The debt ratio falls from 72.8% to 59.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€334k
2024 · €346k
Cash flow
€243k
2024 · €289k
Solvency
40.5%
2024 · 27.2%
Current ratio
0.22
2024 · 0.44
Quick ratio
0.22
2024 · 0.44
Debt / equity
1.47
2024 · 2.68
ROE
21.9%
2024 · 35.9%
ROA
8.8%
2024 · 9.8%
Interest coverage
10.25
2024 · 7.86
Debt
€1.13M
2024 · €1.60M
Debt ≤ 1 year
€452k
2024 · €863k
Debt > 1 year
€668k
2024 · €732k
Income taxes
€58k
2024 · €13k
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€2.20M€1.89M
Fixed assets21/28€1.82M€1.79M
Tangible fixed assets22/27€1.82M€1.79M
Land and buildings22€1.82M€1.79M
Current assets29/58€381k€98k
Amounts receivable within one year40/41€328k€56k
Trade receivables40€317k€49k
Other amounts receivable41€11k€7k
Cash at bank and in hand54/58€53k€40k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€2.20M€1.89M
Equity10/15€599k€766k
Contributions10/11€220k€220k=
Reserves13€379k€546k
Distributable reserves133€379k€546k
Amounts payable17/49€1.60M€1.13M
Amounts payable after more than one year17€732k€668k
Financial debts170/4€732k€668k
Amounts payable within one year42/48€863k€452k
Current portion of amounts payable after more than one year42€63k€64k
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Taxes, remuneration and social security45€16k€14k
Taxes450/3€14k€14k
Remuneration and social security454/9€2k-
Other amounts payable47/48€780k€358k
Accrued charges and deferred income492/3€7k€7k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€76k
Other operating charges640/8€9k€16k
Gross operating margin9900€355k€350k
Operating profit (loss)9901€272k€258k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€44k€33k
Recurring financial charges65€44k€33k
Profit (loss) for the period before taxes9903€228k€225k
Income taxes67/77€13k€58k
Profit (loss) for the period9904€215k€167k
Profit (loss) for the period to be appropriated9905€215k€167k
Appropriation of the result
Profit (loss) to be appropriated9906€215k€167k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€215k€167k
To other reserves6921€215k€167k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial Highest result since 2021net €215k ▲6.9%
Operating result €272k, net result €215k, both a record.
31-12
Financial Equity above €500kEq €599k ▲56%
3 profitable years in a row build equity to €599k.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €200kEq €384k ▲110%
2 profitable years in a row build equity to €384k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial Back to profitnet €153k
Net result €153k after one loss-making year.
31-12
Financial Equity above €150kEq €183k ▲502%
Equity rises from €30k to €183k.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Kruisem · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Landegemstraat 199750 Kruisem
Ground area
3,815 m²
Building footprint
961 m²
Volume, LiDAR
1,857 m³
2 parcels, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MEDIM
Bosstraat 53, 8790 WaregemManufacture of computer, electronic and optical products
since 20202.301.113.875
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B0804/00K000 Flanders 2,443 m² 1 · 846 m² 7.1 m · 1 fl.
45036A0936/00G000 Flanders 1,372 m² 1 · 115 m² 11.4 m · 1 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.

Similar companies · same sector, comparable size

Of 1,894 companies in sector 46460 we hold annual accounts for 1,114. 762 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-04-2020
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.