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MEDLOG

Active
Public limited companyfounded 1988active for 38 yearsNoorderlaan 127A, 2030 Antwerpen, BelgiumKBO/BCE: BE 0435.093.597
Summary

MEDLOG has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.4m and a net result of €2.1m. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 45% of 849 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Logistics services
NACE 52250
1 site
Size
€130.5mturnover 2025
Staff
52 FTE
Equity
€13.4m
Profit
€2.1m
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Medlog Holding Belgium · 100%
Accounts 35 days early2 of 14 deeds read
Why 93raises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskFounded in 1988Size: turnover €130.5m, 52 FTE, total assets €40.5m, files consolidated accountsLegal form: public limited companyShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 52, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 58-9
equity 33.1% of total assets
Liquidity 26-12
short-term debt 66.9% · cash 9.5%
Profitability 60+6
return on assets 5.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €1,200,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.49, compared with 1.7 in 2024, below the usual 1.5; short-term debt: 66.9% and cash: 9.5% of total assets), and 66.9% of the assets are financed with debt and provisions.
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 (NACE 52, medium-sized): better than 54% on solvency, 31% on liquidity, 45% on profitability and 87% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €130.5m, 52 FTE, total assets €40.5m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
35 days early
2024
45 days early
2023
43 days early
2022
35 days early
2021
31 days early
2020
36 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointments: Emst en Young Bedrijfsrevisoren BV…Gazette deed
  3. Appointment: Bastian Steffen (director)Resignation: Boris Verbeke (managing director)…

Key points

  • Positive: Result rose in 2025from €363,356 to €2.1m ▲ 487% View
  • Positive: Among the best 12% on net resultsector median €109,676 · 842 companies €2.1m View
  • Controlled by Medlog Holding Belgiumultimately: Medlog SA 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 6 profitable years in a rowprofit 2025: €2.1m 6 years View
  • New directorlatest change 05-01-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€130.5m
Profit
€2.1m
Solvency
33.1%
Turnover▲ 34.9%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
Medlog Holding Belgium · 100%
  • Bastian SteffenManaging director
Go to Board & ownership

Timeline

Events
59
Since
1990
Next accounts
by 31-07-2027
  1. 16-06-2025Annual accounts filed
  2. 21-06-2024Annual accounts filed
  3. 18-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
17-08-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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