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MedTug Antwerp

Active
Public limited companyfounded 2020active for 5 yearsItaliëlei 3, 2000 Antwerpen, BelgiumKBO/BCE: BE 0759.801.988

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MedTug Antwerp has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€351,061) and a net result of -€58,272. Equity has been shrinking by about 36% per year since 2021. Its solvency ranks better than 5% of 78 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

KBO
Status
Active since 15-12-2020 Normal situation
Activity
Water transport NACE 50200
Establishment unit
2.318.553.782 2030 Antwerpen, since 14-12-2020
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
-€14,183
▼ 37.0%
Loss
€58,272
▼ 23.6%
Equity
-€351,061
▼ 19.9%
Total assets
€778,663
▼ 1.8%
Filed on 30-09-2026, 61 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 1284.86, cash €1,612Last filed accounts filed 61 days late; 2 of the last 3 accounts lateNegative equity -€351,061lowers riskSector: Water transport (NACE 50)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of micro companies in water transport (NACE 50)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -45.1% of total assets
Liquidity 50=
short-term debt 0.1% · cash 0.2%
Profitability 19+6
return on assets -7.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies, NACE 50, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.6%▼ -0.1 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.5%▼ -0.8 percentage points vs 08-2025 10-2025: 0.9%▼ -0.6 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026lowest value 08-2026: 1.2%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 1.1%▼ -0.3 percentage points vs 09-2026
No credit on open account
Short-term debt is 0.1% and cash 0.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 50, micro). It does better than 7% of them on solvency, 44% on liquidity, 21% on profitability and 19% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Water transport (NACE 50)
KBO
raises risk · Liquidity: current ratio 1284.86, cash €1,612
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€351,061
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€351,061
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
61 days late
2024
30 days late
2023
31 days late
2022
19 days early
2021
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 19 days after the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€351,061 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€58,272 View
  • Caution: Less equity than 95% of companies in water transportsector median €2.6m · 73 companies -€351,061 View

Comparable companies

These companies have the same main activity as MedTug Antwerp: water transport (NACE 50200). They are comparable in size and age: total assets between €119,000 and €649,000, founded between 2006 and 2022.

CompanyTotal assetsGross margin
MedTug Antwerp Antwerpen€778,663-€14,183
CEMMEZA Elsene€496,384-€157,069
ARACO BELGIUM Brasschaat€119,163-€13,648
Breadbox Belgium Sint-Joost-ten-Node€649,136€9,470
GoaX Gent€282,830-€26,479
SHYPPLE BELGIUM Antwerpen€484,262-
EASY SAILING Mechelen€198,442-€16,300
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Articles and registers

Key facts about MedTug Antwerp

What is the company number of MedTug Antwerp?
The company number of MedTug Antwerp is 0759.801.988. The VAT number is the same number with BE in front: BE 0759.801.988.
Where is MedTug Antwerp based?
The registered office is at Italiëlei 3, 2000 Antwerpen.Company details
What does MedTug Antwerp do?
According to the KBO register, the main activity is water transport (NACE 50200).
What is the legal form of MedTug Antwerp?
The legal form of MedTug Antwerp is Public limited company (NV).
When was MedTug Antwerp founded?
MedTug Antwerp was founded on 15-12-2020.
Is MedTug Antwerp still active?
Yes, MedTug Antwerp is an active enterprise in the KBO register.
How many employees does MedTug Antwerp have?
MedTug Antwerp had an average of 0.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of MedTug Antwerp?
The annual accounts for financial year 2025 state no turnover.
Is MedTug Antwerp profitable?
In financial year 2025, MedTug Antwerp made a loss of €58,272.
Where can I find the annual accounts of MedTug Antwerp?
MedTug Antwerp filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MedTug Antwerp due?
MedTug Antwerp must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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