MediSel
ActiveSummary
MediSel has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,250 and a net result of €25,016. Equity is growing by about 50% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €81,250
- Profit
- €25,016
Why 73raises riskFounded in 2023No main activity registeredLast filed accounts filed 28 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 7.68, cash €83,619Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 89% on liquidity, 90% on profitability and 85% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 7.68
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444550.
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 30% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,315 | €7,315 | €7,315 | = |
| Other operating charges640/8 | €543 | €558 | €984 | ▲ 76.3% |
| Gross operating margin9900 | €38,291 | €52,003 | €39,390 | ▼ 24.3% |
| Operating profit (loss)9901 | €30,433 | €44,129 | €31,090 | ▼ 29.5% |
| Financial income75/76B | - | €17 | €435 | ▲ 26× |
| Recurring financial income75 | - | €17 | €435 | ▲ 26× |
| Financial charges65/66B | €194 | €161 | €190 | ▲ 18.0% |
| Recurring financial charges65 | €194 | €161 | €190 | ▲ 18.0% |
| Profit (loss) for the period before taxes9903 | €30,238 | €43,985 | €31,335 | ▼ 28.8% |
| Income taxes67/77 | €7,156 | €12,333 | €6,319 | ▼ 48.8% |
| Profit (loss) for the period9904 | €23,082 | €31,652 | €25,016 | ▼ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €23,082 | €31,652 | €25,016 | ▼ 21.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €49,404 | €81,002 | €93,414 | ▲ 15.3% |
| Fixed assets21/28 | €14,630 | €7,315 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €14,630 | €7,315 | €0 | ▼ 100% |
| Furniture and vehicles24 | €14,630 | €7,315 | €0 | ▼ 100% |
| Current assets29/58 | €34,774 | €73,687 | €93,414 | ▲ 26.8% |
| Amounts receivable within one year40/41 | €7,998 | €8,505 | €9,794 | ▲ 15.2% |
| Trade receivables40 | €7,998 | €8,505 | €8,984 | ▲ 5.6% |
| Other amounts receivable41 | - | - | €810 | - |
| Cash at bank and in hand54/58 | €26,112 | €65,183 | €83,619 | ▲ 28.3% |
| Deferred charges and accrued income490/1 | €664 | €0 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €49,404 | €81,002 | €93,414 | ▲ 15.3% |
| Equity10/15 | €24,582 | €56,234 | €81,250 | ▲ 44.5% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €23,082 | €54,734 | €79,750 | ▲ 45.7% |
| Distributable reserves133 | €23,082 | €54,734 | €79,750 | ▲ 45.7% |
| Amounts payable17/49 | €24,822 | €24,768 | €12,163 | ▼ 50.9% |
| Amounts payable within one year42/48 | €24,822 | €24,768 | €12,163 | ▼ 50.9% |
| Trade debts44 | €15,265 | €11,441 | €11,156 | ▼ 2.5% |
| Suppliers440/4 | €15,265 | €11,441 | €11,156 | ▼ 2.5% |
| Taxes, remuneration and social security45 | €7,156 | €12,328 | €0 | ▼ 100% |
| Taxes450/3 | €7,156 | €12,328 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2,400 | €999 | €1,007 | ▲ 0.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,082 | €31,652 | €25,016 | ▼ 21.0% |
| + Depreciation and write-downs630 | €7,315 | €7,315 | €7,315 | = |
| Operating cash flow (approximation) | €30,397 | €38,967 | €32,331 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €39,071 | €18,437 | ▼ 52.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00444550 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00331459 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00425001 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SELS Elke Maria |
|
Owners and capital
Capital and shareholders
- SELS Elke Maria 15 shares (100%) · €1,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-05-2023 Incorporation · €1,500 · 15 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
04-05
Gazette deed
IncorporationAppointment: SELS Elke Maria (director) · Founder · Founding capital19 facts ▸
- Founder, SELS Elke Maria
- Incorporation, 02-05-2023
- Other provision, “financieel plan, bedrag aanvangsvermogen verantwoord” (deed in Dutch)
- Other provision, “aansprakelijkheid oprichters, faillissement binnen drie jaar na oprichting” (deed in Dutch)
- Founding capital, €1,500
- Bank account, “BNP Paribas Fortis, bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Other provision, “vaststelling statuten, comparanten” (deed in Dutch)
- Capital
- Registered office clause, “Medelaar 35,2980 Zoersel” (deed in Dutch)
- Director appointment, SELS Elke Maria (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien,en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootscha…” (deed in Dutch)
- Other provision, “oprichtingskosten”, 1500 (deed in Dutch)
- +7 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11017A0459/00S003 | Flanders | 1,447 m² | 1 · 123 m² | 11.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van diensten aan personen,zorg en sociale diensten,in het bijzonder de verpleegkundige activiteiten en verzorging aan huis bij…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Het verlenen van diensten aan personen,zorg en sociale diensten,in het bijzonder de verpleegkundige activiteiten en verzorging aan huis bij de patiënt of elders.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MediSel
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers ook bij weigering…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, per e-mail of per gewone post indien geen e-mailadres,op zelfde dag…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “De oprichters treffen nog eenparig volgende beslissingen: 1. Eerste boekjaar en eerste algemene vergadering Het eerste boekjaar gaat in de…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering beraadslagend zoals inzake statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding van de vennootschap, indien geen andere vereffenaar zou zijn benoemd” (deed in Dutch)