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Medit

Active
Private limited companyfounded 1992active for 34 yearsAllée des Croisades(GER) 13, 6280 Gerpinnes, BelgiumKBO/BCE: BE 0447.936.694
Summary

Medit has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279,041 and a net result of €136,299, of which €190,647 non-recurring income. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 73% of 9,458 sector peers (NACE 82, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.

Turnover
≈ €380,000
Estimated: probably between €270,000 and €560,000
Total assets
€379,775▲ 99.7%
2023 · €190,185
Net result
€136,299
2023 · -€7,791
Working capital
€160,871▲ 17×
2023 · €9,528
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result returns to profit in 2024: €198,980 after a loss of €7,685 in 2023, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€198,980 2024 Net result€136,299 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Operating result€4,416-€7,495▲ 69.7%-€4,698-€1,087▲ 76.9%-€7,685▼ 607%€198,980
Net result€2,885-€5,411within the sector's middle half▲ 87.6%-€4,830below the sector's middle half-€1,207below the sector's middle half▲ 75.0%-€7,791below the sector's middle half▼ 545%€136,299above the sector's middle half
Equity€151,159-€156,570within the sector's middle half▲ 3.6%€151,740within the sector's middle half▼ 3.1%€150,533within the sector's middle half▼ 0.8%€142,742within the sector's middle half▼ 5.2%€279,041above the sector's middle half▲ 95.5%
Total assets€254,757-€239,579within the sector's middle half▼ 6.0%€219,443within the sector's middle half▼ 8.4%€211,813within the sector's middle half▼ 3.5%€190,185within the sector's middle half▼ 10.2%€379,775above the sector's middle half▲ 99.7%
Debt€103,598-€83,009▼ 19.9%€67,703▼ 18.4%€61,280▼ 9.5%€47,443▼ 22.6%€100,734▲ 112%
Working capital-€12,200-€8,991within the sector's middle half€18,826within the sector's middle half▲ 109%€14,321within the sector's middle half▼ 23.9%€9,528within the sector's middle half▼ 33.5%€160,871above the sector's middle half▲ 17×
Solvency59.3%-65.4%within the sector's middle half▲ 6.0pp69.1%within the sector's middle half▲ 3.8pp71.1%within the sector's middle half▲ 1.9pp75.1%above the sector's middle half▲ 4.0pp73.5%within the sector's middle half▼ 1.6pp
Current ratio0.88-1.11within the sector's middle half▲ 0.231.28within the sector's middle half▲ 0.171.23within the sector's middle half▼ 0.041.20within the sector's middle half▼ 0.032.61within the sector's middle half▲ 1.40
Return on assets (ROA)1.1%-2.3%within the sector's middle half▲ 1.1pp-2.2%below the sector's middle half▼ 4.5pp-0.6%below the sector's middle half▲ 1.6pp-4.1%below the sector's middle half▼ 3.5pp35.9%above the sector's middle half▲ 40.0pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €379,775
Fixed assets €118,752 ▼ 11.1%
Current assets €261,023 ▲ 361%
Equity and liabilities €379,775
Equity €279,041 ▲ 95.5%
Debt €100,734 ▲ 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
2024 value · change against 2023
EBITDA
€216,109▲
2023 · €12,440
Cash flow
€153,428▲
2023 · €12,334
Debt to equity
0.36▲
2023 · 0.33
ROE
48.8%▲
2023 · -5.5%
Interest coverage
94.49▼
2023 · 98.73
Debt ≤ 1 year
€100,152▲
2023 · €47,152
Income taxes
€60,394
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 31,368 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€190,185€379,775▲
Fixed assets21/28€133,505€118,752▼
Tangible fixed assets22/27€133,505€118,752▼
Land and buildings22€90,822€84,937▼
Plant, machinery and equipment23€42,683€33,815▼
Current assets29/58€56,680€261,023▲
Amounts receivable within one year40/41€40,570€50,891▲
Trade receivables40€9,468€14,561▲
Other amounts receivable41€31,102€36,330▲
Cash at bank and in hand54/58€15,782€209,830▲
Deferred charges and accrued income490/1€328€302▼
Equity and liabilities
Total equity and liabilities10/49€190,185€379,775▲
Equity10/15€142,742€279,041▲
Contributions10/11€170,799€170,799=
Reserves13€2,608€108,242▲
Non-distributable reserves130/1€2,608€2,608=
Reserves not available under the articles1311€2,608€2,608=
Distributable reserves133-€105,634
Profit (loss) carried forward14-€30,665-
Amounts payable17/49€47,443€100,734▲
Amounts payable within one year42/48€47,152€100,152▲
Taxes, remuneration and social security45€1,665€60,394▲
Taxes450/3€1,665€60,394▲
Other amounts payable47/48€45,487€39,758▼
Accrued charges and deferred income492/3€291€582▲
Income statement Code20232024
Non-recurring operating income76A-€190,647
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,125€17,129▼
Other operating charges640/8€3,573€3,070▼
Gross operating margin9900€16,013€219,179▲
Operating profit (loss)9901-€7,685€198,980▲
Financial income75/76B€20-
Recurring financial income75€20-
Financial charges65/66B€126€2,287▲
Recurring financial charges65€126€2,287▲
Profit (loss) for the period before taxes9903-€7,791€196,693▲
Income taxes67/77-€60,394
Profit (loss) for the period9904-€7,791€136,299▲
Profit (loss) for the period to be appropriated9905-€7,791€136,299▲
Appropriation of the result
Profit (loss) to be appropriated9906-€30,665€105,634▲
Profit (loss) brought forward from the previous period14P-€22,874-€30,665▼
Transfer to equity691/2-€105,634
To other reserves6921-€105,634

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Non-recurring operating income76A-----€190,647-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,561€16,561€16,772€18,768€20,125€17,129▼ 14.9%
Other operating charges640/8--€3,188€3,259€3,573€3,070▼ 14.1%
Gross operating margin9900€25,232€27,223€15,262€20,940€16,013€219,179▲ 14×
Operating profit (loss)9901€4,416€7,495-€4,698-€1,087-€7,685€198,980-
Financial income75/76B----€20--
Recurring financial income75----€20--
Financial charges65/66B--€132€120€126€2,287▲ 18×
Recurring financial charges65€200€115€132€120€126€2,287▲ 18×
Profit (loss) for the period before taxes9903€4,216€7,380-€4,830-€1,207-€7,791€196,693-
Income taxes67/77€1,331€1,969---€60,394-
Profit (loss) for the period9904€2,885€5,411-€4,830-€1,207-€7,791€136,299-
Profit (loss) for the period to be appropriated9905€2,885€5,411-€4,830-€1,207-€7,791€136,299-
Line201920202021202220232024Change
Assets
Total assets20/58€254,757€239,579€219,443€211,813€190,185€379,775▲ 99.7%
Fixed assets21/28€164,430€147,869€133,204€136,503€133,505€118,752▼ 11.1%
Tangible fixed assets22/27€164,430€147,869€133,204€136,503€133,505€118,752▼ 11.1%
Land and buildings22--€112,886€100,764€90,822€84,937▼ 6.5%
Plant, machinery and equipment23--€20,318€35,739€42,683€33,815▼ 20.8%
Current assets29/58€90,327€91,710€86,239€75,310€56,680€261,023▲ 361%
Amounts receivable within one year40/41€25,670€19,920€29,412€38,903€40,570€50,891▲ 25.4%
Trade receivables40--€5,112€7,290€9,468€14,561▲ 53.8%
Other amounts receivable41--€24,300€31,613€31,102€36,330▲ 16.8%
Cash at bank and in hand54/58€64,657€71,426€56,192€35,460€15,782€209,830▲ 13×
Deferred charges and accrued income490/1--€635€947€328€302▼ 7.9%
Equity and liabilities
Total equity and liabilities10/49€254,757€239,579€219,443€211,813€190,185€379,775▲ 99.7%
Equity10/15€151,159€156,570€151,740€150,533€142,742€279,041▲ 95.5%
Contributions10/11€170,799-€170,799€170,799€170,799€170,799=
Reserves13€2,608€2,608€2,608€2,608€2,608€108,242▲ 42×
Non-distributable reserves130/1--€2,608€2,608€2,608€2,608=
Reserves not available under the articles1311--€2,608€2,608€2,608€2,608=
Distributable reserves133-----€105,634-
Profit (loss) carried forward14-€22,248-€16,837-€21,667-€22,874-€30,665--
Amounts payable17/49€103,598€83,009€67,703€61,280€47,443€100,734▲ 112%
Amounts payable within one year42/48€102,527€82,719€67,413€60,989€47,152€100,152▲ 112%
Trade debts44-€1,130€400€4,600---
Suppliers440/4--€400€4,600---
Taxes, remuneration and social security45--€1,593€2,262€1,665€60,394▲ 36×
Taxes450/3--€1,593€2,262€1,665€60,394▲ 36×
Other amounts payable47/48--€65,420€54,127€45,487€39,758▼ 12.6%
Accrued charges and deferred income492/3--€290€291€291€582▲ 100%
Line201920202021202220232024Change
Profit (loss) for the period9904€2,885€5,411-€4,830-€1,207-€7,791€136,299-
+ Depreciation and write-downs630€16,561€16,561€16,772€18,768€20,125€17,129▼ 14.9%
Operating cash flow (approximation)€19,446€21,972€11,942€17,561€12,334€153,428▲ 12×
Investment in fixed assets (approximation)-€0-€2,107-€22,067-€17,127-€2,376▲ 86.1%
Change in cash-€6,769-€15,234-€20,732-€19,678€194,048-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 07-12-2025 2025-00581162
31-12-2023 micro format 30-12-2024 2025-00630682
31-12-2022 micro format 30-09-2023 2023-00478274
31-12-2021 micro format 19-09-2022 2022-20435912
31-12-2020 micro format 31-12-2021 2021-82500555
31-12-2019 micro format 31-12-2021 2021-82500547
31-12-2017 micro format 31-12-2018 2018-76300359
31-12-2014 full format 30-09-2015 2015-63900445
31-12-2013 full format 30-09-2015 2015-63900443
31-12-2011 full format 30-11-2012 2012-66000437

Show all 28 filings

Similar companies · same sector, comparable size

Of the 11,122 active companies whose main activity is office administrative and support services (NACE 82100), figures are known for 3,614. 2,327 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.