Médipublishing
ActiveMédipublishing has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €529k and a net result of €-3k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+2
Solvency78▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 20.09 against 99.74 in 2023; short-term debt: 1.9% and cash: 1.2% of total assets), and 47.1% 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 risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
52.9%
Return on assets
-0.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
90 d late
2022
31 d late
2021
16 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€59k
EBIT margin
-43.6%
Net result
€-3k▲ 87.1%
2023 · €-21k
2018: €-46k
2019: €-46k
2020: €-35k
2021: €-32k
2022: €-38k
2023: €-21k
2018 → 2024
Working capital
€359k▲ 7.6%
2023 · €333k
2018: €397k
2019: €369k
2020: €239k
2021: €297k
2022: €323k
2023: €333k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€59k
Equity€623k-€591k▼ 5.2%€553k▼ 6.5%€532k▼ 3.8%€529k▼ 0.5%
Operating result€-29k-€-26k▲ 10.7%€-37k▼ 44.0%€-20k▲ 46.4%€-21k▼ 8.7%
Net result€-35k-€-32k▲ 6.8%€-38k▼ 18.6%€-21k▲ 45.6%€-3k▲ 87.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2024 against €20k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.00M
Fixed assets
€624k▼ 4.3%
Current assets
€377k▲ 12.1%
Equity and liabilities €1.00M
Equity
€529k▼ 0.5%
Debt
€472k▲ 3.4%
The debt ratio rises from 46.2% to 47.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2023 · €11k
Cash flow
€25k▲
2023 · €10k
Solvency
52.9%▼
2023 · 53.8%
Current ratio
20.09▼
2023 · 99.74
Quick ratio
20.09▼
2023 · 99.74
Debt / equity
0.89▲
2023 · 0.86
ROE
-0.5%▲
2023 · -3.9%
ROA
-0.3%▲
2023 · -2.1%
Interest coverage
6.22▼
2023 · 10.31
Debt
€472k▲
2023 · €456k
Debt ≤ 1 year
€19k▲
2023 · €3k
Debt > 1 year
€453k=
2023 · €453k
Income taxes
€299▲
2023 · €0
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€988k€1.00M▲
Fixed assets21/28€652k€624k▼
Tangible fixed assets22/27€651k€623k▼
Land and buildings22€635k€612k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€201€201=
Current assets29/58€337k€377k▲
Amounts receivable within one year40/41€315k€363k▲
Trade receivables40€0€15k▲
Other amounts receivable41€315k€348k▲
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€19k€12k▼
Deferred charges and accrued income490/1€638€307▼
Equity and liabilities
Total equity and liabilities10/49€988k€1.00M▲
Equity10/15€532k€529k▼
Contributions10/11€745k€745k=
Capital10€745k€745k=
Issued capital100€745k€745k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-219k€-221k▼
Amounts payable17/49€456k€472k▲
Amounts payable after more than one year17€453k€453k=
Other amounts payable178/9€453k€453k=
Amounts payable within one year42/48€3k€19k▲
Trade debts44€0€10k▲
Suppliers440/4€0€10k▲
Taxes, remuneration and social security45€848€1k▲
Taxes450/3€848€1k▲
Other amounts payable47/48€3k€7k▲
Income statement
Code20232024
Non-recurring operating income76A€12k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€28k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€14k€10k▼
Operating profit (loss)9901€-20k€-21k▼
Financial income75/76B€0€20k▲
Recurring financial income75€0€20k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-21k€-2k▲
Income taxes67/77€0€299▲
Profit (loss) for the period9904€-21k€-3k▲
Profit (loss) for the period to be appropriated9905€-21k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-219k€-221k▼
Profit (loss) brought forward from the previous period14P€-198k€-219k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Liquidity times 12current ratio 99.74
Current ratio from 8.67 to 99.74; short-term debt falls from €42k to €3k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Villers-la-Ville · 1 establishment unit since 1990
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.
Drève du Tumulus 881495 Villers-la-VilleGround area
1,607 m²
Building footprint
158 m²
Parcel 25107D0328/00H006, Wallonia. Linked by address, not a title deed.
1 establishment unit
MEDIPUBLISHING
since 19902.047.746.214
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107D0328/00H006 | Wallonia | 1,607 m² | 1 · 158 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.
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Of 1,111 companies in sector 58110 we hold annual accounts for 363. 202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-02-1990
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 35 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.
Contact details
2 entriesE-mail:jj.rodzynek@cybernet.be
Phone:+32496282500