Medit
ActiveSummary
Medit has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279k and a net result of €136k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 72% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+36
Solvency98▼-2
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 2.61 against 1.2 in 2023; short-term debt: 26.4% and cash: 55.3% of total assets), and 26.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
73.5%
Return on assets
35.9%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €279k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-12-2025, 129 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
129 d late
2023
152 d late
2022
61 d late
2021
50 d late
2020
153 d late
2019
518 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€279k▲ 95.5%
2023 · €143k
Total assets
€380k▲ 99.7%
2023 · €190k
Net result
€136k
2023 · €-8k
Working capital
€161k▲ 1,588%
2023 · €10k
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
Line20202021202220232024
Operating result€7k▲ 69.7%€-5k€-1k▲ 76.9%€-8k▼ 607%€199k
Net result€5k▲ 87.6%€-5k€-1k▲ 75.0%€-8k▼ 545%€136k
Equity€157k▲ 3.6%€152k▼ 3.1%€151k▼ 0.8%€143k▼ 5.2%€279k▲ 95.5%
Total assets€240k▼ 6.0%€219k▼ 8.4%€212k▼ 3.5%€190k▼ 10.2%€380k▲ 99.7%
Debt€83k▼ 19.9%€68k▼ 18.4%€61k▼ 9.5%€47k▼ 22.6%€101k▲ 112%
Working capital€9k€19k▲ 109%€14k▼ 23.9%€10k▼ 33.5%€161k▲ 1,588%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €199k after a loss of €8k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €380k
Fixed assets
€119k ▼ 11.1%
Current assets
€261k ▲ 361%
Equity and liabilities €380k
Equity
€279k ▲ 95.5%
Debt
€101k ▲ 112%
Debt's share of the balance-sheet total rises from 24.9% to 26.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€216k▲
2023 · €12k
Cash flow
€153k▲
2023 · €12k
Current ratio
2.61▲
2023 · 1.20
Debt to equity
0.36▲
2023 · 0.33
ROE
48.8%▲
2023 · -5.5%
ROA
35.9%▲
2023 · -4.1%
Interest coverage
94.49▼
2023 · 98.73
Debt ≤ 1 year
€100k▲
2023 · €47k
Income taxes
€60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €191k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €17k | €19k | €20k | €17k | ▼ 14.9% |
| Other operating charges640/8 | - | €3k | €3k | €4k | €3k | ▼ 14.1% |
| Gross operating margin9900 | €27k | €15k | €21k | €16k | €219k | ▲ 1,269% |
| Operating profit (loss)9901 | €7k | €-5k | €-1k | €-8k | €199k | ▲ 2,689% |
| Financial income75/76B | - | - | - | €20 | - | - |
| Recurring financial income75 | - | - | - | €20 | - | - |
| Financial charges65/66B | - | €132 | €120 | €126 | €2k | ▲ 1,715% |
| Recurring financial charges65 | €115 | €132 | €120 | €126 | €2k | ▲ 1,715% |
| Profit (loss) for the period before taxes9903 | €7k | €-5k | €-1k | €-8k | €197k | ▲ 2,625% |
| Income taxes67/77 | €2k | - | - | - | €60k | - |
| Profit (loss) for the period9904 | €5k | €-5k | €-1k | €-8k | €136k | ▲ 1,849% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-5k | €-1k | €-8k | €136k | ▲ 1,849% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €240k | €219k | €212k | €190k | €380k | ▲ 99.7% |
| Fixed assets21/28 | €148k | €133k | €137k | €134k | €119k | ▼ 11.1% |
| Tangible fixed assets22/27 | €148k | €133k | €137k | €134k | €119k | ▼ 11.1% |
| Land and buildings22 | - | €113k | €101k | €91k | €85k | ▼ 6.5% |
| Plant, machinery and equipment23 | - | €20k | €36k | €43k | €34k | ▼ 20.8% |
| Current assets29/58 | €92k | €86k | €75k | €57k | €261k | ▲ 361% |
| Amounts receivable within one year40/41 | €20k | €29k | €39k | €41k | €51k | ▲ 25.4% |
| Trade receivables40 | - | €5k | €7k | €9k | €15k | ▲ 53.8% |
| Other amounts receivable41 | - | €24k | €32k | €31k | €36k | ▲ 16.8% |
| Cash at bank and in hand54/58 | €71k | €56k | €35k | €16k | €210k | ▲ 1,230% |
| Deferred charges and accrued income490/1 | - | €635 | €947 | €328 | €302 | ▼ 7.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €240k | €219k | €212k | €190k | €380k | ▲ 99.7% |
| Equity10/15 | €157k | €152k | €151k | €143k | €279k | ▲ 95.5% |
| Contributions10/11 | - | €171k | €171k | €171k | €171k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €108k | ▲ 4,050% |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | - | - | - | €106k | - |
| Profit (loss) carried forward14 | €-17k | €-22k | €-23k | €-31k | - | - |
| Amounts payable17/49 | €83k | €68k | €61k | €47k | €101k | ▲ 112% |
| Amounts payable within one year42/48 | €83k | €67k | €61k | €47k | €100k | ▲ 112% |
| Trade debts44 | €1k | €400 | €5k | - | - | - |
| Suppliers440/4 | - | €400 | €5k | - | - | - |
| Taxes, remuneration and social security45 | - | €2k | €2k | €2k | €60k | ▲ 3,527% |
| Taxes450/3 | - | €2k | €2k | €2k | €60k | ▲ 3,527% |
| Other amounts payable47/48 | - | €65k | €54k | €45k | €40k | ▼ 12.6% |
| Accrued charges and deferred income492/3 | - | €290 | €291 | €291 | €582 | ▲ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-5k | €-1k | €-8k | €136k | ▲ 1,849% |
| + Depreciation and write-downs630 | €17k | €17k | €19k | €20k | €17k | ▼ 14.9% |
| Operating cash flow (approximation) | €22k | €12k | €18k | €12k | €153k | ▲ 1,144% |
| Investment in fixed assets (approximation) | - | €-2k | €-22k | €-17k | €-2k | ▲ 86.1% |
| Change in cash | - | €-15k | €-21k | €-20k | €194k | ▲ 1,086% |
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
2025
07-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 129 days late
2024
31-12
Financial
Back to profitnet €136k
Net result €136k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.61
Current ratio from 1.20 to 2.61.
31-12
Financial
Equity above €200kEq €279k ▲95.5%
Equity rises from €143k to €279k.
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 50 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 518 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 426 days late
2012
30-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gerpinnes · 1 establishment unit since 1996
Ground area
1,820 m²
Building footprint
229 m²
Parcel 52025B0642/00C006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Allée des Croisades(GER) 13, 6280 Gerpinnes
since 19962.076.935.294
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025B0642/00C006 | Wallonia | 1,820 m² | 1 · 229 m² | - |
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.
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
68201Renting and operating of own or leased residential real estate, excluding social housing
69209Other tax advisory services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.