MEDITREND
ActiveSummary
MEDITREND has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €453,401 and a net result of €255,587. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result returns to profit in 2025: €383,763 after a loss of €12,717 in 2024, the highest result in the available series.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,471 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% | 1.0% |
| 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% 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 20,139 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,831 | €3,130 | €2,909 | €3,842 | €3,741 | ▼ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,553 | €14,716 | €13,802 | €13,232 | €13,805 | €14,138 | €14,066 | €114,855 | ▲ 717% |
| Other operating charges640/8 | - | - | - | €2,163 | €2,215 | €2,792 | €2,495 | €2,503 | ▲ 0.3% |
| Gross operating margin9900 | €22,875 | €20,517 | €21,698 | €27,714 | €23,527 | €21,601 | €3,844 | €501,121 | ▲ 12,936% |
| Operating profit (loss)9901 | €5,612 | €3,855 | €5,938 | €12,319 | €7,507 | €4,671 | -€12,717 | €383,763 | ▲ 3,118% |
| Financial income75/76B | - | - | - | - | - | €98 | €164 | €199 | ▲ 21.3% |
| Recurring financial income75 | - | €4 | - | - | - | €98 | €164 | €199 | ▲ 21.3% |
| Financial charges65/66B | - | - | - | €146 | €48 | €48 | €52 | €270 | ▲ 419% |
| Recurring financial charges65 | €301 | €243 | €179 | €146 | €48 | €48 | €52 | €82 | ▲ 57.7% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €188 | - |
| Profit (loss) for the period before taxes9903 | €5,311 | €3,616 | €5,759 | €12,173 | €7,459 | €4,721 | -€12,605 | €383,692 | ▲ 3,144% |
| Income taxes67/77 | €3,415 | €1,506 | €910 | €3,260 | €2,078 | €2,335 | -€516 | €128,105 | ▲ 24,927% |
| Profit (loss) for the period9904 | €1,896 | €2,110 | €4,849 | €8,913 | €5,381 | €2,386 | -€12,089 | €255,587 | ▲ 2,214% |
| Profit (loss) for the period to be appropriated9905 | €1,896 | €2,110 | €4,849 | €8,913 | €5,381 | €2,386 | -€12,089 | €255,587 | ▲ 2,214% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €195,587 | €195,971 | €195,460 | €202,136 | €207,517 | €209,903 | €198,964 | €580,545 | ▲ 192% |
| Fixed assets21/28 | €143,226 | €133,917 | €120,802 | €118,676 | €120,391 | €129,180 | €115,114 | €71 | ▼ 99.9% |
| Tangible fixed assets22/27 | €143,038 | €133,729 | €120,614 | €118,488 | €120,203 | €128,992 | €114,926 | €71 | ▼ 99.9% |
| Land and buildings22 | - | - | - | €115,895 | €119,274 | €128,349 | €114,569 | - | - |
| Plant, machinery and equipment23 | - | - | - | €463 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €2,130 | €929 | €643 | €357 | €71 | ▼ 80.1% |
| Financial fixed assets28 | €188 | €188 | €188 | €188 | €188 | €188 | €188 | - | - |
| Current assets29/58 | €52,361 | €62,054 | €74,658 | €83,460 | €87,126 | €80,723 | €83,850 | €580,474 | ▲ 592% |
| Amounts receivable within one year40/41 | €34,863 | €40,872 | €43,758 | €51,084 | €53,302 | €56,726 | €63,857 | €64,638 | ▲ 1.2% |
| Trade receivables40 | - | - | - | €4,651 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €46,433 | €53,302 | €56,726 | €63,857 | €64,638 | ▲ 1.2% |
| Current investments50/53 | - | - | - | - | - | - | - | €510,000 | - |
| Cash at bank and in hand54/58 | €17,498 | €21,182 | €30,900 | €32,376 | €33,824 | €23,997 | €19,993 | €5,836 | ▼ 70.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €195,587 | €195,971 | €195,460 | €202,136 | €207,517 | €209,903 | €198,964 | €580,545 | ▲ 192% |
| Equity10/15 | €186,264 | €188,374 | €193,223 | €202,136 | €207,517 | €209,903 | €197,814 | €453,401 | ▲ 129% |
| Contributions10/11 | €143,133 | €143,133 | €143,133 | €151,973 | €151,973 | €151,973 | €151,973 | €151,973 | = |
| Reserves13 | €16,278 | €16,278 | €16,278 | €16,278 | €16,278 | €16,278 | €16,278 | €271,865 | ▲ 1,570% |
| Distributable reserves133 | - | - | - | €16,278 | €16,278 | €16,278 | €16,278 | €271,865 | ▲ 1,570% |
| Profit (loss) carried forward14 | €18,013 | €20,123 | €24,972 | €33,885 | €39,266 | €41,652 | €29,563 | €29,563 | = |
| Amounts payable17/49 | €9,323 | €7,597 | €2,237 | - | - | - | €1,150 | €127,144 | ▲ 10,956% |
| Amounts payable after more than one year17 | €4,884 | €2,237 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €4,439 | €3,457 | €2,237 | - | - | - | €1,150 | €127,144 | ▲ 10,956% |
| Trade debts44 | €1,833 | €810 | - | - | - | - | €1,150 | €92 | ▼ 92.0% |
| Suppliers440/4 | - | - | - | - | - | - | €1,150 | €92 | ▼ 92.0% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €127,052 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €127,052 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,896 | €2,110 | €4,849 | €8,913 | €5,381 | €2,386 | -€12,089 | €255,587 | ▲ 2,214% |
| + Depreciation and write-downs630 | €15,553 | €14,716 | €13,802 | €13,232 | €13,805 | €14,138 | €14,066 | €114,855 | ▲ 717% |
| Operating cash flow (approximation) | €17,449 | €16,826 | €18,651 | €22,145 | €19,186 | €16,524 | €1,977 | €370,442 | ▲ 18,638% |
| Investment in fixed assets (approximation) | - | -€5,407 | -€687 | -€11,106 | -€15,520 | -€22,927 | €0 | €188 | - |
| Change in cash | - | €3,684 | €9,718 | €1,476 | €1,448 | -€9,827 | -€4,004 | -€14,157 | ▼ 254% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Subsidies and aid
Flemish government
2022 · 1 entry · €135 awarded · €135 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | €135 | €135 |