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MEDIMIND

Active
Public limited companyfounded 201313 yrs activeRue Ry d'Hez 22, 1470 Genappe, BelgiumKBO/BCE: BE 0536.690.706

MEDIMIND has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €294k and a net result of €-71k. Equity is growing by ~52% per year across the filed fiscal years. Its solvency ranks better than 81% of 1402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-84
Solvency95=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 3.3 in 2024; short-term debt: 29.5% and cash: 87.4% of total assets), and 29.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
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 · 10 filings
Deviation from the deadline
2025
27 d late
2024
20 d late
2023
15 d late
2022
29 d late
2021
30 d late
2020
18 d late
2019
84 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
18-09-2026 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-71k
2024 · €62k
2018: €-5k 2019: €-20k 2020: €93k 2021: €63k 2022: €153k 2023: €160k 2024: €62k
2018 → 2025
Working capital
€293k▼ 19.4%
2024 · €363k
2018: €53k 2019: €41k 2020: €143k 2021: €180k 2022: €289k 2023: €300k 2024: €363k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-11k-€142k€302k▲ 112%€365k▲ 20.6%€294k▼ 19.3%
Operating result€70k-€160k▲ 129%€161k▲ 1.2%€64k▼ 60.5%€-70k
Net result€63k-€153k▲ 143%€160k▲ 4.4%€62k▼ 61.0%€-71k
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €70k€70kNet result 2021: €63k€63kOperating result 2022: €160k€160kNet result 2022: €153k€153kOperating result 2023: €161k€161kNet result 2023: €160k€160kOperating result 2024: €64k€64kNet result 2024: €62k€62kOperating result 2025: €-70k€-70kNet result 2025: €-71k€-71k20212022202320242025
The operating result turns negative in 2025: a loss of €70k after €64k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €418k
Fixed assets €1k▼ 25.6%
Current assets €416k▼ 20.2%
Equity and liabilities €418k
Equity €294k▼ 19.3%
Debt €123k▼ 22.2%
The debt ratio falls from 30.3% to 29.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-69k
2024 · €65k
Cash flow
€-70k
2024 · €63k
Solvency
70.5%
2024 · 69.7%
Current ratio
3.37
2024 · 3.30
Quick ratio
3.37
2024 · 3.30
Debt / equity
0.42
2024 · 0.43
ROE
-24.0%
2024 · 17.1%
ROA
-16.9%
2024 · 11.9%
Interest coverage
-1856.04
2024 · 1536.65
Debt
€123k
2024 · €159k
Debt ≤ 1 year
€123k
2024 · €158k
Income taxes
€1k
2024 · €1k
Staff costs
€361k
2024 · €384k
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€523k€418k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€1k€679
Furniture and vehicles24€1k€679
Financial fixed assets28€615€615=
Current assets29/58€522k€416k
Amounts receivable within one year40/41€64k€50k
Trade receivables40€64k€49k
Other amounts receivable41€0€1k
Cash at bank and in hand54/58€453k€365k
Deferred charges and accrued income490/1€5k€1k
Equity and liabilities
Total equity and liabilities10/49€523k€418k
Equity10/15€365k€294k
Contributions10/11€685k€685k=
Capital10€685k€685k=
Issued capital100€685k€685k=
Profit (loss) carried forward14€-320k€-391k
Amounts payable17/49€159k€123k
Amounts payable within one year42/48€158k€123k
Trade debts44€96k€88k
Suppliers440/4€96k€88k
Taxes, remuneration and social security45€63k€36k
Taxes450/3€27k€4k
Remuneration and social security454/9€36k€31k
Other amounts payable47/48€46€153
Accrued charges and deferred income492/3€312-
Income statement Code20242025
Remuneration, social security and pensions62€384k€361k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€792€894
Other operating charges640/8€64€515
Gross operating margin9900€449k€293k
Operating profit (loss)9901€64k€-70k
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€42€37
Recurring financial charges65€42€37
Profit (loss) for the period before taxes9903€64k€-70k
Income taxes67/77€1k€1k
Profit (loss) for the period9904€62k€-71k
Profit (loss) for the period to be appropriated9905€62k€-71k
Appropriation of the result
Profit (loss) to be appropriated9906€-320k€-391k
Profit (loss) brought forward from the previous period14P€-383k€-320k
Social balance
Average headcount (FTE)9087-5.5

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial Weakest financial yearnet €-71k ▼213%
Net result drops to €-71k, the lowest in the series.
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
15-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
31-12
Financial Highest result since 2018net €160k ▲4.4%
Operating result €161k, net result €160k, both a record.
31-12
Financial Equity above €200kEq €302k ▲112%
4 profitable years in a row build equity to €302k.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Equity above €100kEq €142k
3 profitable years in a row build equity to €142k.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial Back to profitnet €93k
Net result €93k after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 3.87
Current ratio from 1.43 to 3.87; short-term debt falls from €97k to €50k.
23-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Genappe · 1 establishment unit since 2013
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.

Rue Ry d'Hez 221470 Genappe
Ground area
2,607 m²
Building footprint
68 m²
Parcel 25003F0245/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Ry d'Hez 22, 1470 Genappe
IT consultancy
since 20132.220.373.748
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25003F0245/00M000 Wallonia 2,607 m² 1 · 67 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,996 companies in sector 62200 we hold annual accounts for 18,390. 13,796 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded02-07-2013
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.