Skip to content

MedPhySype

Active
Private limited companyfounded 2024active for 2 yearsAduatukersstraat 39, 1040 Etterbeek, BelgiumKBO/BCE: BE 1013.506.676

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-06-2026 at the NBB

Turnover
≈ €380,000
Estimated: probably between €250,000 and €590,000
Total assets
€156,728
Net result
€104,588
Working capital
€106,466

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €156,728
Fixed assets €2,122
Current assets €154,606
Equity and liabilities €156,728
Equity €108,588
Debt €48,140
Debt's share of the balance-sheet total is 30.7%.
Key figures and ratios
2025 value
EBITDA
€151,116
Cash flow
€106,965
Current ratio
3.21
Debt to equity
0.44
ROE
96.3%
ROA
66.7%
Interest coverage
over 100
Debt ≤ 1 year
€48,140
Income taxes
€43,685

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2,999
Intangible fixed assets€1,500
Depreciation and write-downs of the year€2,377

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€156,728
Fixed assets21/28€2,122
Tangible fixed assets22/27€2,122
Plant, machinery and equipment23€2,122
Current assets29/58€154,606
Amounts receivable within one year40/41€3,614
Other amounts receivable41€3,614
Cash at bank and in hand54/58€150,992
Equity and liabilities
Total equity and liabilities10/49€156,728
Equity10/15€108,588
Contributions10/11€4,000
Reserves13€90,000
Distributable reserves133€90,000
Profit (loss) carried forward14€14,588
Amounts payable17/49€48,140
Amounts payable within one year42/48€48,140
Trade debts44€26
Suppliers440/4€26
Taxes, remuneration and social security45€48,114
Taxes450/3€44,865
Remuneration and social security454/9€3,249
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,377
Other operating charges640/8€179
Gross operating margin9900€151,295
Operating profit (loss)9901€148,739
Financial charges65/66B€466
Recurring financial charges65€466
Profit (loss) for the period before taxes9903€148,273
Income taxes67/77€43,685
Profit (loss) for the period9904€104,588
Profit (loss) for the period to be appropriated9905€104,588
Appropriation of the result
Profit (loss) to be appropriated9906€104,588
Transfer to equity691/2€90,000
To other reserves6921€90,000

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,377
Other operating charges640/8€179
Gross operating margin9900€151,295
Operating profit (loss)9901€148,739
Financial charges65/66B€466
Recurring financial charges65€466
Profit (loss) for the period before taxes9903€148,273
Income taxes67/77€43,685
Profit (loss) for the period9904€104,588
Profit (loss) for the period to be appropriated9905€104,588
Line2025
Assets
Total assets20/58€156,728
Fixed assets21/28€2,122
Tangible fixed assets22/27€2,122
Plant, machinery and equipment23€2,122
Current assets29/58€154,606
Amounts receivable within one year40/41€3,614
Other amounts receivable41€3,614
Cash at bank and in hand54/58€150,992
Equity and liabilities
Total equity and liabilities10/49€156,728
Equity10/15€108,588
Contributions10/11€4,000
Reserves13€90,000
Distributable reserves133€90,000
Profit (loss) carried forward14€14,588
Amounts payable17/49€48,140
Amounts payable within one year42/48€48,140
Trade debts44€26
Suppliers440/4€26
Taxes, remuneration and social security45€48,114
Taxes450/3€44,865
Remuneration and social security454/9€3,249
Line2025
Profit (loss) for the period9904€104,588
+ Depreciation and write-downs630€2,377
Operating cash flow (approximation)€106,965

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as MedPhySype has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.9% was still going
2.3% stopped otherwise
1.8% went bankrupt

The bankruptcy probability of MedPhySype itself is lower: 0.2% within 12 months. It rests on far more data about MedPhySype than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 39,278 companies, not a prediction for MedPhySype. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00248744 PDF

Next steps