MEDIPN
ActiveSummary
The computed 12-month bankruptcy probability of MEDIPN is 2.5% (moderate). For MEDIPN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €79,294 and a net result of €48. Equity is growing by ~24% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability69▼-3
Solvency100▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
79.4%
Return on assets
0%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-10-2024, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
92 d late
2022
122 d late
2021
28 d late
2020
92 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 91 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€79,294▲ 0.1%
2022 · €79,246
Total assets
€99,853▼ 18.3%
2022 · €122,198
Net result
€48▼ 98.2%
2022 · €2,698
Working capital
€66,879▼ 5.5%
2022 · €70,800
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€7,782▼ 44.4%€27,471▲ 253%€42,964▲ 56.4%€2,827▼ 93.4%€4,523▲ 60.0%
Net result€3,628▼ 58.8%€17,067▲ 370%€25,031▲ 46.7%€2,698▼ 89.2%€48▼ 98.2%
Equity€34,451▲ 11.8%€51,518▲ 49.5%€76,548▲ 48.6%€79,246▲ 3.5%€79,294▲ 0.1%
Total assets€91,882▲ 114%€104,405▲ 13.6%€119,874▲ 14.8%€122,198▲ 1.9%€99,853▼ 18.3%
Debt€57,431▲ 375%€52,887▼ 7.9%€43,326▼ 18.1%€42,952▼ 0.9%€20,559▼ 52.1%
Working capital€29,296▼ 5.1%€39,342▲ 34.3%€67,546▲ 71.7%€70,800▲ 4.8%€66,879▼ 5.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 60% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €99,853
Fixed assets
€12,415 ▼ 47.1%
Current assets
€87,438 ▼ 11.5%
Equity and liabilities €99,853
Equity
€79,294 ▲ 0.1%
Debt
€20,559 ▼ 52.1%
Debt's share of the balance-sheet total falls from 35.1% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,554▲
2022 · €14,396
Cash flow
€11,079▼
2022 · €14,266
Current ratio
4.25▲
2022 · 3.53
Debt to equity
0.26▼
2022 · 0.54
ROE
0.1%▼
2022 · 3.4%
ROA
0.0%▼
2022 · 2.2%
Interest coverage
120.58▲
2022 · 110.98
Debt ≤ 1 year
€20,559▼
2022 · €27,952
Income taxes
€4,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,473 | €11,852 | €11,498 | €11,569 | €11,032 | ▼ 4.6% |
| Other operating charges640/8 | - | - | €1,701 | €1,695 | €1,885 | ▲ 11.2% |
| Gross operating margin9900 | €22,881 | €43,030 | €56,163 | €16,091 | €17,439 | ▲ 8.4% |
| Operating profit (loss)9901 | €7,782 | €27,471 | €42,964 | €2,827 | €4,523 | ▲ 60.0% |
| Financial income75/76B | - | - | €68 | - | €95 | - |
| Recurring financial income75 | €1,257 | - | €68 | - | €95 | - |
| Financial charges65/66B | - | - | €403 | €130 | €129 | ▼ 0.5% |
| Recurring financial charges65 | €411 | €404 | €403 | €130 | €129 | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €8,628 | €27,067 | €42,629 | €2,698 | €4,489 | ▲ 66.4% |
| Income taxes67/77 | €5,000 | €10,000 | €17,599 | - | €4,441 | - |
| Profit (loss) for the period9904 | €3,628 | €17,067 | €25,031 | €2,698 | €48 | ▼ 98.2% |
| Profit (loss) for the period to be appropriated9905 | €3,628 | €17,067 | €25,031 | €2,698 | €48 | ▼ 98.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91,882 | €104,405 | €119,874 | €122,198 | €99,853 | ▼ 18.3% |
| Fixed assets21/28 | €43,092 | €46,512 | €35,015 | €23,446 | €12,415 | ▼ 47.1% |
| Tangible fixed assets22/27 | €43,092 | €46,512 | €35,015 | €23,446 | €12,415 | ▼ 47.1% |
| Furniture and vehicles24 | - | - | €5,737 | €5,200 | €5,200 | = |
| Leasing and similar rights25 | - | - | €20,884 | €10,860 | €835 | ▼ 92.3% |
| Other tangible fixed assets26 | - | - | €8,394 | €7,386 | €6,379 | ▼ 13.6% |
| Current assets29/58 | €48,790 | €57,893 | €84,860 | €98,752 | €87,438 | ▼ 11.5% |
| Amounts receivable within one year40/41 | €19,000 | €16,000 | €41,421 | €42,591 | €46,540 | ▲ 9.3% |
| Other amounts receivable41 | - | - | €41,421 | €42,591 | €46,540 | ▲ 9.3% |
| Cash at bank and in hand54/58 | €28,637 | €41,448 | €40,137 | €54,495 | €40,898 | ▼ 25.0% |
| Deferred charges and accrued income490/1 | - | - | €3,302 | €1,666 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91,882 | €104,405 | €119,874 | €122,198 | €99,853 | ▼ 18.3% |
| Equity10/15 | €34,451 | €51,518 | €76,548 | €79,246 | €79,294 | ▲ 0.1% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €13,640 | €30,640 | €55,640 | €55,640 | €55,640 | = |
| Non-distributable reserves130/1 | - | - | €1,240 | €1,240 | €1,240 | = |
| Reserves not available under the articles1311 | - | - | €1,240 | €1,240 | €1,240 | = |
| Distributable reserves133 | - | - | €54,400 | €54,400 | €54,400 | = |
| Profit (loss) carried forward14 | €8,411 | €8,478 | €8,508 | €11,206 | €11,254 | ▲ 0.4% |
| Amounts payable17/49 | €57,431 | €52,887 | €43,326 | €42,952 | €20,559 | ▼ 52.1% |
| Amounts payable after more than one year17 | €31,537 | €31,537 | €21,012 | - | - | - |
| Financial debts170/4 | - | - | €21,012 | - | - | - |
| Amounts payable within one year42/48 | €19,494 | €18,551 | €17,314 | €27,952 | €20,559 | ▼ 26.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,223 | €1,304 | ▼ 87.2% |
| Trade debts44 | €1,324 | €3,551 | €1,314 | €1,730 | €19,255 | ▲ 1,013% |
| Suppliers440/4 | - | - | €1,314 | €1,730 | €19,255 | ▲ 1,013% |
| Taxes, remuneration and social security45 | - | - | €16,000 | €16,000 | - | - |
| Taxes450/3 | - | - | €16,000 | €16,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | €5,000 | €15,000 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,628 | €17,067 | €25,031 | €2,698 | €48 | ▼ 98.2% |
| + Depreciation and write-downs630 | €10,473 | €11,852 | €11,498 | €11,569 | €11,032 | ▼ 4.6% |
| Operating cash flow (approximation) | €14,101 | €28,919 | €36,528 | €14,266 | €11,079 | ▼ 22.3% |
| Investment in fixed assets (approximation) | - | -€15,272 | €0 | €0 | €0 | - |
| Change in cash | - | €12,811 | -€1,311 | €14,358 | -€13,597 | ▼ 195% |
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
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €48 ▼98.2%
Net result drops to €48, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial
Highest result since 2018net €25,031 ▲46.7%
Operating result €42,964, net result €25,031, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 152 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 109 days late
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 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, Etterbeek
Ground area
226 m²
Building footprint
112 m²
Volume, LiDAR
1,466 m³
Parcel 21363B0327/00F006, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0327/00F006 | Brussels | 226 m² | 1 · 112 m² | 16.8 m · 5 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-01-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.