MEDINA
ActiveSummary
MEDINA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €6.1m and a net result of -€705,501. Equity has been stable since 2019 (±0.1% per year). Its solvency ranks better than 80% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-03-1988 Normal situation
- Activity
- Retail sale of footwear NACE 47721
- Joint committees
- 201 Paritair Comité voor de zelfstandige kleinhandel
- 100 Aanvullend Paritair Comité voor de werklieden · annual accounts 31-01-2026
- Establishment units
- 2.037.828.854 8793 Waregem, since 10-05-1988
- 2.037.829.052 3600 Genk, since 03-03-1989and 18 others
- Financial year end
- 31 January
- Peppol
- Reachable since 18-12-2025
Board and ownership
- J.D.Consult BVManaging director
- I.D. MANAGEMENT BVDirector
- MAST COMPANY BVDirector
- Auditor
- VRC BEDRIJFSREVISOREN
- DRI - INVEST100%30-12-2025 annual accounts of DRI - INVEST
- NV DRI-INVEST99.95%annual accounts 31-01-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €14.6m
- ▼ 3.1%
- Loss
- €705,501
- Equity
- €6.1m
- ▼ 30.8%
- Total assets
- €8.7m
- ▼ 21.0%
- Employees on 31-01-2026
- 43
- =
Score breakdownraises riskLoss of €705,501 (financial year 2026)lowers riskLiquidity: current ratio 3.45, cash €2.2mEquity €6.1m (69.6% of total assets)Founded in 1988Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 87% of them on solvency, 90% on liquidity, 6% on profitability and 24% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2026after a profit of €182,365 in 2025 -€705,501 View
- Caution: Lower net result than 95% of companies in retail tradesector median €47,488 · 369 companies -€705,501 View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Reappointment: VRC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Jan Driegelinck
- · Gazette deed Purpose · Amendment of the articles · Miscellaneous
- · Gazette deed Reappointment: Vander Donckt - Roobrouck - Christiaens Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Jan Driegelinck
Comparable companies
These companies have the same main activity as MEDINA: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €3.3m and €12m, founded between 1969 and 1992.
| Company | Total assets | Turnover |
|---|---|---|
| MEDINA Waregem | €8.7m | €14.6m |
| GERMAINE COLLARD Grâce-Hollogne | €7.5m | €11.4m |
| Schoenen Van Loock Zandhoven | €11.8m | €9.2m |
| Delcambe-Chaussures Frameries | €11.1m | €18.0m |
| SCHOENEN MOLDERS Sint-Gillis-Waas | €6.4m | - |
| RALET Knokke-Heist | €3.5m | - |
| NEW PARIS LONDRES Knokke-Heist | €3.3m | - |
Key facts about MEDINA
- What is the company number of MEDINA?
- The company number of MEDINA is 0433.405.502. The VAT number is the same number with BE in front: BE 0433.405.502.
- Where is MEDINA based?
- The registered office is at Eugène Bekaertlaan 8, 8790 Waregem.Company details
- What does MEDINA do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of MEDINA?
- The legal form of MEDINA is Public limited company (NV).
- When was MEDINA founded?
- MEDINA was founded on 01-03-1988.
- Is MEDINA still active?
- Yes, MEDINA is an active enterprise in the KBO register.
- How many employees does MEDINA have?
- MEDINA had an average of 33.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does MEDINA fall under?
- In its 31-01-2026 annual accounts, MEDINA states joint committees 201 (Paritair Comité voor de zelfstandige kleinhandel) and 100 (Aanvullend Paritair Comité voor de werklieden).
- What is the turnover of MEDINA?
- The turnover of MEDINA was €14.6m in financial year 2026, according to the filed annual accounts.
- Is MEDINA profitable?
- In financial year 2026, MEDINA made a loss of €705,501.
- Where can I find the annual accounts of MEDINA?
- MEDINA filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of MEDINA due?
- MEDINA must file the annual accounts for financial year 2027 by 31-08-2027.Timeline
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