Equity
€48,827 from €745,110 in 2021
Equity fell by 93% in 4 years.
Medphysics
Lifetime
10 annual accounts with figures on one time axispeak €314,903 (2022)
€119,020▲ 118%
peak €207,277 (2022)
€75,130▲ 83.2%
peak €745,110 (2021)
€48,827▼ 76.3%
€182,388▲ 150%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €54,688 to €119,020Result from €41,006 to €75,130Dividend €232,500Equity from €206,197 to €48,827Debts from €73,088 to €182,388Investments €64,768
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The micro format states no turnover.
Debts
€182,388 ▲ 150%
Debts rose by €109,300 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€64,718 5.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.19 was 3.82 in 2024
Short-term debts rose from €73,088 to €151,185.
Filings
10 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as Medphysics has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for Medphysics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0653941930
Company renamed from MEIRHAEGHE M. DR. to Medphysics
Registered office moved within Ghent · New registered office: François Benardstraat 64, 9000 Gent · Previous registered office: Miriam Makebaplein 3 bus 201, 9000 Gent · General meeting of 09-12-2021 · Gazette deed
Registered office moved from Sint- Andries to Ghent
New registered office: Miriam Makebaplein 3 bus 201 te 9000 Gent · Previous registered office: Walakker 34/002, 8200 Sint- Andries · General meeting of 02-11-2016 · Gazette deed
First establishment
François Benardstraat 64, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Medphysics Ghent | €231,215 | €119,020 | 21.1% | - |
| GODEFROID MAAIKE Ronse | €225,746 | €111,075 | 20.5% | - |
| WEYNANTS HEMATOLOGIE Arlon | €215,287 | €114,387 | 10.3% | - |
| Dr. Pieter Cuypers Hasselt | €233,627 | €108,461 | 35.9% | - |
| S-CARE Watermael-Boitsfort | €258,098 | €123,912 | 9.0% | - |
| Dokter Evelyn Wouters Neurologie Lanaken | €258,449 | €110,212 | 93.4% | - |
| Dr. Clifton Lai-A-Fat Meise | €235,575 | €113,535 | 44.8% | - |
These companies have the same main activity as Medphysics: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €215,000 and €258,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 03-05-2016Normal situation
- Activity
- Specialist medical practiceNACE 86220
- Establishment unit
- 2.253.255.2639000 Ghent, since 12-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 20-03-2026
Insights on Medphysics
Medphysics files the micro format. That format states no turnover. The gross margin fell from €226,446 in 2016 to €119,020 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Medphysics
- What is the company number of Medphysics?
- The company number of Medphysics is 0653.941.930. The VAT number is the same number with BE in front: BE 0653.941.930.
- Where is Medphysics based?
- The registered office is at François Benardstraat 64, 9000 Ghent.Company details
- What does Medphysics do?
- According to the KBO register, the main activity is specialist medical practice (NACE 86220).
- What is the legal form of Medphysics?
- Medphysics is a private limited company (BV).
- When was Medphysics founded?
- Medphysics was founded on 03-05-2016.
- Is Medphysics still active?
- Yes, Medphysics is an active enterprise in the KBO register.
- What is the turnover of Medphysics?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €119,020 and 41 comparable companies (NACE 86220). It probably lies between €190,000 and €290,000.Financials
- Is Medphysics profitable?
- In financial year 2025, Medphysics made a profit of €75,130.
- Where can I find the annual accounts of Medphysics?
- Medphysics filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Medphysics due?
- Medphysics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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