MEDLY
ActiveThe KBO register records legal situation 050 for MEDLY (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-100k) and a net result of €-26k.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency33=
Growth32=
Stability0
Credit verdict
No credit on open account
Liquidity short (current ratio 0.21 against 0.34 in 2023), and equity is negative.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€100k
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
4 d late
2023
16 d late
2022
21 d late
2021
28 d late
2020
59 d late
2019
425 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-100k▼ 15.5%
2023 · €-86k
2019: €3k
2020: €3k
2021: €2k
2022: €11k
2023: €-86k
2019 → 2024
Total assets
€34k▼ 44.2%
2023 · €60k
2019: €22k
2020: €72k
2021: €76k
2022: €114k
2023: €60k
2019 → 2024
Net result
€-26k▲ 73.9%
2023 · €-98k
2019: €-3k
2020: €-3k
2021: €-5k
2022: €10k
2023: €-98k
2019 → 2024
Working capital
€-105k▼ 30.6%
2023 · €-81k
2019: €507
2020: €6k
2021: €11k
2022: €5k
2023: €-81k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€2k▼ 53.0%€11k▲ 623%€-86k€-100k▼ 15.5%
Operating result€2k-€-1k€14k€-98k€-21k▲ 78.1%
Net result€-3k-€-5k▼ 59.8%€10k€-98k€-26k▲ 73.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2024 against €98k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34k
Fixed assets
€5k▼ 72.1%
Current assets
€28k▼ 31.0%
Key figures and ratios
EBITDA
€-6k▲
2023 · €-82k
Cash flow
€-10k▲
2023 · €-82k
Solvency
-295.8%▼
2023 · -142.9%
Current ratio
0.21▼
2023 · 0.34
Quick ratio
0.21▼
2023 · 0.34
Debt / equity
-1.34▲
2023 · -1.70
ROE
25.6%▼
2023 · 113.3%
ROA
-75.7%▲
2023 · -161.9%
Interest coverage
-1.47▲
2023 · -683.51
Debt
€134k▼
2023 · €147k
Debt ≤ 1 year
€134k▲
2023 · €122k
Income taxes
€308
Staff costs
€59k▲
2023 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€60k€34k▼
Fixed assets21/28€19k€5k▼
Tangible fixed assets22/27€19k€5k▼
Plant, machinery and equipment23€12k€3k▼
Furniture and vehicles24€7k€2k▼
Financial fixed assets28-€194
Current assets29/58€41k€28k▼
Amounts receivable within one year40/41€32k€28k▼
Trade receivables40€27k€28k▲
Other amounts receivable41€5k€40▼
Cash at bank and in hand54/58€9k€24▼
Equity and liabilities
Total equity and liabilities10/49€60k€34k▼
Equity10/15€-86k€-100k▼
Contributions10/11€6k€19k▲
Outside capital11€6k€19k▲
Share premium1100/10€6k-
Other1109/19-€19k
Profit (loss) carried forward14€-93k€-118k▼
Amounts payable17/49€147k€134k▼
Amounts payable after more than one year17€25k-
Financial debts170/4€25k-
Amounts payable within one year42/48€122k€134k▲
Trade debts44€8k€21k▲
Suppliers440/4€8k€21k▲
Taxes, remuneration and social security45€17k€21k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€13k€10k▼
Other amounts payable47/48€97k€91k▼
Income statement
Code20232024
Remuneration, social security and pensions62€50k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€1k€191▼
Gross operating margin9900€-31k€53k▲
Operating profit (loss)9901€-98k€-21k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€120€4k▲
Recurring financial charges65€120€4k▲
Profit (loss) for the period before taxes9903€-98k€-25k▲
Income taxes67/77-€308
Profit (loss) for the period9904€-98k€-26k▲
Profit (loss) for the period to be appropriated9905€-98k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-118k▼
Profit (loss) brought forward from the previous period14P€5k€-93k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
30-06
Financial
Weakest financial yearnet €-98k ▼1088%
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-06
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 425 days late
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
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Of 29,862 companies in sector 62200 we hold annual accounts for 18,245. 10,127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2017
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46311Wholesale trade
46319Wholesale of fruit and vegetables, excluding potatoes
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.