MEDIQUAL
ActiveMEDIQUAL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329k and a net result of €86k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 2685 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-4
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 11.31 in 2024; short-term debt: 26.7% and cash: 52.2% of total assets), and 39.8% 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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.2%
Return on assets
15.8%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
31 d late
2023
61 d late
2022
60 d late
2021
11 d late
2020
30 d late
2019
122 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€86k▼ 11.7%
2024 · €98k
2018: €22k
2019: €19k
2020: €56k
2021: €78k
2022: €55k
2023: €36k
2024: €98k
2018 → 2025
Working capital
€229k▼ 28.5%
2024 · €320k
2018: €58k
2019: €78k
2020: €135k
2021: €144k
2022: €199k
2023: €223k
2024: €320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€238k-€293k▲ 23.0%€317k▲ 8.2%€415k▲ 30.7%€329k▼ 20.8%
Operating result€107k-€83k▼ 22.1%€82k▼ 1.8%€110k▲ 34.6%€121k▲ 10.5%
Net result€78k-€55k▼ 29.8%€36k▼ 34.4%€98k▲ 171%€86k▼ 11.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets
€171k▼ 1.6%
Current assets
€375k▲ 6.8%
Equity and liabilities €545k
Equity
€329k▼ 20.8%
Debt
€217k▲ 98.1%
The debt ratio rises from 20.9% to 39.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€130k▲
2024 · €119k
Cash flow
€95k▼
2024 · €106k
Solvency
60.2%▼
2024 · 79.1%
Current ratio
2.57▼
2024 · 11.31
Quick ratio
2.57▼
2024 · 11.31
Debt / equity
0.66▲
2024 · 0.26
ROE
26.2%▲
2024 · 23.5%
ROA
15.8%▼
2024 · 18.6%
Interest coverage
38.38▼
2024 · 44.52
Debt
€217k▲
2024 · €109k
Debt ≤ 1 year
€146k▲
2024 · €31k
Debt > 1 year
€70k▼
2024 · €78k
Income taxes
€36k▲
2024 · €14k
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€524k€545k▲
Fixed assets21/28€174k€171k▼
Tangible fixed assets22/27€95k€92k▼
Land and buildings22€91k€89k▼
Plant, machinery and equipment23€31-
Furniture and vehicles24€1k€993▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€79k€79k=
Current assets29/58€351k€375k▲
Amounts receivable within one year40/41€69k€56k▼
Trade receivables40€52k€28k▼
Other amounts receivable41€17k€28k▲
Current investments50/53€24k€34k▲
Cash at bank and in hand54/58€258k€285k▲
Equity and liabilities
Total equity and liabilities10/49€524k€545k▲
Equity10/15€415k€329k▼
Contributions10/11€12k€12k=
Reserves13€362k€276k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€360k€274k▼
Profit (loss) carried forward14€40k€40k▲
Amounts payable17/49€109k€217k▲
Amounts payable after more than one year17€78k€70k▼
Financial debts170/4€78k€70k▼
Amounts payable within one year42/48€31k€146k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€24k€135k▲
Accrued charges and deferred income492/3€785€785=
Income statement
Code20242025
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€863€890▲
Gross operating margin9900€120k€131k▲
Operating profit (loss)9901€110k€121k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€111k€122k▲
Income taxes67/77€14k€36k▲
Profit (loss) for the period9904€98k€86k▼
Profit (loss) for the period to be appropriated9905€98k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€126k▼
Profit (loss) brought forward from the previous period14P€40k€40k▲
Transfer from equity791/2-€173k
Transfer to equity691/2€97k€86k▼
To other reserves6921€97k€86k▼
Profit to be distributed694/7-€173k
Return on contributions (dividend)694-€173k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €98k ▲171%
Net result €98k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Equity above €200kEq €238k ▲33.5%
4 profitable years in a row build equity to €238k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €150kEq €179k ▲45.1%
3 profitable years in a row build equity to €179k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €19k ▼13.6%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 8.00
Current ratio from 3.09 to 8.00; short-term debt falls from €28k to €11k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
20-07
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
2 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, Etterbeek · 1 establishment unit since 2013
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.
Antoine Gautierstraat 1161040 EtterbeekGround area
1,863 m²
Building footprint
1,263 m²
Volume, LiDAR
23,152 m³
Parcel 21364B0125/00P002, Brussels · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
MEDIQUAL
since 20132.220.471.243
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0125/00P002 | Brussels | 1,863 m² | 1 · 1,263 m² | 25.4 m · 7 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
98450002FA2F2CFHEB97
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BIZNET
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TIMNUS
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,478 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-2013
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.