MEDPRO
Open bankruptcyA bankruptcy procedure is open for MEDPRO according to publications in the Belgian State Gazette; curator: Gerry VERSCHUREN.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €126k and a net result of €-887.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-06-2023, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
41 d early
2021
6 d early
2020
26 d early
2019
24 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, abbreviated schema
Equity
€126k▼ 0.7%
2021 · €127k
2018: €143khighest in 5 years
2019: €130k▼ -9.4% vs 2018
2020: €111k▼ -14.5% vs 2019lowest in 5 years
2021: €127k▲ +14.7% vs 2020
2022: €126k▼ -0.7% vs 2021
2018 → 2022
Total assets
€131k▼ 0.3%
2021 · €131k
2018: €165khighest in 5 years
2019: €137k▼ -17.4% vs 2018
2020: €120k▼ -12.0% vs 2019lowest in 5 years
2021: €131k▲ +9.2% vs 2020
2022: €131k▼ -0.3% vs 2021
2018 → 2022
Net result
€-887
2021 · €16k
2018: €7k
2019: €-14k▼ -299% vs 2018
2020: €-19k▼ -39.7% vs 2019lowest in 5 years
2021: €16k▲ +186% vs 2020highest in 5 years
2022: €-887▼ -105% vs 2021
2018 → 2022
Working capital
€126k▼ 0.6%
2021 · €127k
2018: €143khighest in 5 years
2019: €129k▼ -9.8% vs 2018
2020: €110k▼ -14.5% vs 2019lowest in 5 years
2021: €127k▲ +14.9% vs 2020
2022: €126k▼ -0.6% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€143k-€130k▼ 9.4%€111k▼ 14.5%€127k▲ 14.7%€126k▼ 0.7%
2018: €143khighest in 5 years
2019: €130k▼ -9.4% vs 2018
2020: €111k▼ -14.5% vs 2019lowest in 5 years
2021: €127k▲ +14.7% vs 2020
2022: €126k▼ -0.7% vs 2021
Operating result€22k-€-11k€-11k▲ 0.4%€47€-832
2018: €22khighest in 5 years
2019: €-11k▼ -150% vs 2018lowest in 5 years
2020: €-11k▲ +0.4% vs 2019
2021: €47▲ +100% vs 2020
2022: €-832▼ -1861% vs 2021
Net result€7k-€-14k€-19k▼ 39.7%€16k€-887
2018: €7k
2019: €-14k▼ -299% vs 2018
2020: €-19k▼ -39.7% vs 2019lowest in 5 years
2021: €16k▲ +186% vs 2020highest in 5 years
2022: €-887▼ -105% vs 2021
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €832 after €47 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €131k
Fixed assets
€149 ▼ 50.0%
Current assets
€131k ▼ 0.2%
Equity and liabilities €131k
Equity
€126k ▼ 0.7%
Debt
€5k ▲ 12.6%
Debt's share of the balance-sheet total rises from 3.1% to 3.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-683▼
2021 · €196
Cash flow
€-739▼
2021 · €16k
Current ratio
28.35▼
2021 · 31.97
Debt to equity
0.04▲
2021 · 0.03
ROE
-0.7%▼
2021 · 12.8%
ROA
-0.7%▼
2021 · 12.4%
Interest coverage
-12.15▼
2021 · 1.20
Debt ≤ 1 year
€5k▲
2021 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 45 lines
Balance sheet
Code20212022
Assets
Total assets20/58€131k€131k▼
Fixed assets21/28€297€149▼
Tangible fixed assets22/27€297€149▼
Furniture and vehicles24€297€149▼
Current assets29/58€131k€131k▼
Amounts receivable within one year40/41€115k€115k▼
Other amounts receivable41€115k€115k▼
Cash at bank and in hand54/58€15k€15k▼
Deferred charges and accrued income490/1€118-
Equity and liabilities
Total equity and liabilities10/49€131k€131k▼
Equity10/15€127k€126k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€27k€27k=
Reserves13€22k€22k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€16k€15k▼
Amounts payable17/49€4k€5k▲
Amounts payable within one year42/48€4k€5k▲
Trade debts44-€516
Suppliers440/4-€516
Taxes, remuneration and social security45€4k€4k=
Taxes450/3€4k€4k=
Remuneration and social security454/9€491€491=
Income statement
Code20212022
Remuneration, social security and pensions62€297-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149€149=
Other operating charges640/8€245€41▼
Gross operating margin9900€738€-643▼
Operating profit (loss)9901€47€-832▼
Financial income75/76B€20k€1▼
Recurring financial income75€20k€1▼
Non-recurring financial income76B€20k-
Financial charges65/66B€163€56▼
Recurring financial charges65€163€56▼
Profit (loss) for the period before taxes9903€20k€-887▼
Income taxes67/77€4k-
Profit (loss) for the period9904€16k€-887▼
Profit (loss) for the period to be appropriated9905€16k€-887▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€15k▼
Profit (loss) brought forward from the previous period14P€16k€16k=
Transfer to equity691/2€16k-
To other reserves6921€16k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €297 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €275 | €149 | €149 | €149 | €149 | = |
| Other operating charges640/8 | - | - | - | €245 | €41 | ▼ 83.3% |
| Gross operating margin9900 | €39k | €16k | €579 | €738 | €-643 | ▼ 187% |
| Operating profit (loss)9901 | €22k | €-11k | €-11k | €47 | €-832 | ▼ 1,861% |
| Financial income75/76B | - | - | - | €20k | €1 | ▼ 100.0% |
| Recurring financial income75 | €0 | - | - | €20k | €1 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | €20k | - | - |
| Financial charges65/66B | - | - | - | €163 | €56 | ▼ 65.4% |
| Recurring financial charges65 | €420 | €417 | €223 | €163 | €56 | ▼ 65.4% |
| Profit (loss) for the period before taxes9903 | €22k | €-11k | €-11k | €20k | €-887 | ▼ 104% |
| Income taxes67/77 | €15k | €2k | €8k | €4k | - | - |
| Profit (loss) for the period9904 | €7k | €-14k | €-19k | €16k | €-887 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-14k | €-19k | €16k | €-887 | ▼ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €165k | €137k | €120k | €131k | €131k | ▼ 0.3% |
| Fixed assets21/28 | - | €594 | €446 | €297 | €149 | ▼ 50.0% |
| Tangible fixed assets22/27 | - | €594 | €446 | €297 | €149 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | €297 | €149 | ▼ 50.0% |
| Current assets29/58 | €165k | €136k | €120k | €131k | €131k | ▼ 0.2% |
| Stocks and contracts in progress3 | €16k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €136k | €125k | €118k | €115k | €115k | ▼ 0.1% |
| Other amounts receivable41 | - | - | - | €115k | €115k | ▼ 0.1% |
| Cash at bank and in hand54/58 | €14k | €10k | €1k | €15k | €15k | ▼ 0.2% |
| Deferred charges and accrued income490/1 | - | - | - | €118 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €165k | €137k | €120k | €131k | €131k | ▼ 0.3% |
| Equity10/15 | €143k | €130k | €111k | €127k | €126k | ▼ 0.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | - | - | €62k | €62k | = |
| Issued capital100 | - | - | - | €62k | €62k | = |
| Revaluation surpluses12 | - | - | - | €27k | €27k | = |
| Reserves13 | €6k | €6k | €6k | €22k | €22k | = |
| Non-distributable reserves130/1 | - | - | - | €6k | €6k | = |
| Legal reserve130 | - | - | - | €6k | €6k | = |
| Distributable reserves133 | - | - | - | €16k | €16k | = |
| Profit (loss) carried forward14 | €48k | €35k | €16k | €16k | €15k | ▼ 5.6% |
| Amounts payable17/49 | €22k | €7k | €9k | €4k | €5k | ▲ 12.6% |
| Amounts payable within one year42/48 | €22k | €7k | €9k | €4k | €5k | ▲ 12.6% |
| Trade debts44 | €20k | €308 | €2k | - | €516 | - |
| Suppliers440/4 | - | - | - | - | €516 | - |
| Taxes, remuneration and social security45 | - | - | - | €4k | €4k | = |
| Taxes450/3 | - | - | - | €4k | €4k | = |
| Remuneration and social security454/9 | - | - | - | €491 | €491 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-14k | €-19k | €16k | €-887 | ▼ 105% |
| + Depreciation and write-downs630 | €275 | €149 | €149 | €149 | €149 | = |
| Operating cash flow (approximation) | €7k | €-13k | €-19k | €16k | €-739 | ▼ 104% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €-3k | €-9k | €14k | €-35 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 21-04-2026
2025
28-02
KBO administration
Address struck
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 31.97
Current ratio from 12.83 to 31.97; short-term debt falls from €9k to €4k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 20.01
Current ratio from 7.52 to 20.01; short-term debt falls from €22k to €7k.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Show earlier events
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
29-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 29 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2001
Ground area
1.2 ha
Building footprint
81 m²
Volume, LiDAR
513 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STUDIO MEDIA PROJECTS
since 20012.100.121.957
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23034A0064/00E000 | Flanders | 1.2 ha | - | - |
| 23036B0418/00N002 | Flanders | 203 m² | 1 · 81 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
21-04-2026 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded18-01-2001
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.