Financials
- Fiscal year
- 2024
- Total assets
- €8,088
- Profit
- €972
- Solvency
- -794.6%
Turnover▼ 20.0%
Net result
20182022
MEDSUD
ActiveSummary
The computed 12-month bankruptcy probability of MEDSUD is 3.8% (moderate). The 2024 annual accounts show negative equity (-€64,265) and a net result of €972. Equity is shrinking by ~13.8% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€8,088total assets 2024
- Equity
- -€64,265
- Profit
- €972
Structure
Accounts 32 d early0 of 7 deeds read
Why 48- Sector Food and beverage service activities (NACE 56)- Figures for FY 2024 (filed 10-10-2025)- 2 of the last 3 late+ Size: total assets €8,088Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 33% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -794.6% of total assets
Liquidity
10-16
short-term debt 894.6% · cash 7.9%
Profitability
84+52
return on assets 12.0%
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 8.9%
12-2024: 9.8%▲ +10.2% vs 11-2024
01-2025: 11.9%▲ +21.1% vs 12-2024
02-2025: 11.9%● 0.0% vs 01-2025
03-2025: 12.1%▲ +1.7% vs 02-2025highest value
04-2025: 11.0%▼ -8.7% vs 03-2025
05-2025: 6.7%▼ -39.7% vs 04-2025
06-2025: 6.3%▼ -4.9% vs 05-2025
07-2025: 6.0%▼ -4.6% vs 06-2025
08-2025: 6.5%▲ +7.9% vs 07-2025
09-2025: 7.2%▲ +10.0% vs 08-2025
10-2025: 9.0%▲ +25.4% vs 09-2025
11-2025: 3.9%▼ -56.7% vs 10-2025
12-2025: 3.9%● 0.0% vs 11-2025
01-2026: 3.9%▼ -0.8% vs 12-2025
02-2026: 3.9%● 0.0% vs 01-2026
03-2026: 3.8%▼ -1.4% vs 02-2026
04-2026: 3.8%▲ +0.7% vs 03-2026
05-2026: 3.5%▼ -7.5% vs 04-2026
06-2026: 3.4%▼ -3.7% vs 05-2026
07-2026: 2.5%▼ -27.4% vs 06-2026lowest value
08-2026: 2.8%▲ +11.4% vs 07-2026
09-2026: 3.0%▲ +8.0% vs 08-2026
10-2026: 3.8%▲ +26.8% vs 09-2026
- Sector Food and beverage service activities (NACE 56) raises the probability
- Figures for FY 2024 (filed 10-10-2025) raises the probability
- Size: total assets €8,088 lowers the probability for this profile
- 2 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.09 against 0.23 in 2023; short-term debt: 894.6% and cash: 7.9% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 9%, profitability 70%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
32 d early
2024
68 d late
2023
254 d late
2022
192 d late
2021
89 d late
2020
31 d late
2019
60 d late
← 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 95 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 October (4 of the last 5 filed years within 121 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2018
- Next accounts
- by 31-07-2027
- 29-06-2026Annual accounts filed
- 07-10-2025Annual accounts filed
- 11-04-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 16-11-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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