Meducation@Work
Meducation@Work has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.04M and a net result of €565k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 803 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €1.04M |
| Net result | €565k |
| Better than sector | 35% |
| Active | 16 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.0% | 58.8% | |
| Net result | €565k | €27k | |
| Equity | €1.04M | €1.08M | |
| Gross operating margin | €253k | €380k | |
| Total assets | €2.41M | €2.18M |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €244k | €456k | €215k | €123k | €110k |
| Net profit | €565k | €292k | €152k | €89k | €75k |
| Cash flow | €665k | €347k | €165k | €91k | €85k |
| Staff costs | - | - | - | - | - |
| Income taxes | €24k | €55k | €49k | €32k | €26k |
| Dividends | €100k | €150k | - | €164k | - |
| Total assets | €2.41M | €2.60M | €628k | €639k | €527k |
| Equity | €1.04M | €574k | €582k | €431k | €506k |
| Debt | €1.37M | €2.02M | €46k | €208k | €22k |
| of which ≤ 1y | €792k | €589k | €17k | €208k | €8k |
| of which > 1y | €581k | €1.42M | - | - | - |
| Working capital | €-664k | €-283k | €496k | €427k | €489k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.16 | 0.52 | 29.62 | 3.05 | 60.67 |
| Quick ratio | 0.16 | 0.52 | 29.62 | 3.05 | 60.67 |
| Working capital ratio | -27.5% | -10.9% | 79.0% | 66.9% | 92.6% |
| Solvency | 43.0% | 22.1% | 92.6% | 67.4% | 95.9% |
| Debt / equity | 1.32 | 3.52 | 0.08 | 0.48 | - |
| Long-term debt ratio | 0.56 | 2.48 | - | - | - |
| Interest coverage | 4.38 | 8.36 | 197.88 | 261.39 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 23.4% | 11.2% | 24.1% | 13.9% | 14.3% |
| ROE | 54.3% | 50.8% | 26.1% | 20.6% | 14.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €2.41M | €2.60M | €628k | €639k | €527k |
| Fixed assets | 21/28 | €2.28M | €2.29M | €115k | €4k | €31k |
| Intangible fixed assets | 21 | €4k | €368 | €1k | €2k | €4k |
| Tangible fixed assets | 22/27 | €354k | €371k | €114k | €2k | €27k |
| Financial fixed assets | 28 | €1.93M | €1.92M | €22 | €9 | €9 |
| Current assets | 29/58 | €129k | €306k | €514k | €635k | €497k |
| Amounts receivable within one year | 40/41 | €70k | €175k | €185k | €306k | €290k |
| Investments | 50/53 | €0 | €750 | €7k | €95k | €95k |
| Cash & bank | 54/58 | €55k | €126k | €315k | €228k | €112k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.41M | €2.60M | €628k | €639k | €527k |
| Equity | 10/15 | €1.04M | €574k | €582k | €431k | €506k |
| Contributions / capital | 10/11 | €27k | €27k | €27k | €27k | - |
| Reserves | 13 | €1.01M | €548k | €556k | €404k | €404k |
| Accumulated profits (losses) | 14 | - | - | - | - | €75k |
| Amounts payable | 17/49 | €1.37M | €2.02M | €46k | €208k | €22k |
| Amounts payable after one year | 17 | €581k | €1.42M | - | - | - |
| Amounts payable within one year | 42/48 | €792k | €589k | €17k | €208k | €8k |
| Trade debts payable within one year | 44 | €137k | €11k | €4k | €29k | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €253k | €459k | €217k | €128k | €114k |
| Operating result | 9901 | €144k | €401k | €202k | €120k | €100k |
| Financial income | 75 | €500k | €61 | €42 | €401 | €2k |
| Financial charges | 65 | €56k | €55k | €1k | €470 | €689 |
| Result before taxes | 9903 | €589k | €347k | €201k | €120k | €102k |
| Income taxes | 67/77 | €24k | €55k | €49k | €32k | €26k |
| Net result for the period | 9904 | €565k | €292k | €152k | €89k | €75k |
| Result to be appropriated | 9905 | €565k | €292k | €152k | €89k | €75k |
| NACE primary | Other education(85599) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-10-2009 |
| Status | Active |
| Postal code | 9080 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44076C0467/00M005 | Flanders | 671 m² | 1 · 191 m² | 12.1 m · 2 fl. |
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-07-2022 Registered office moved within Lochristi
- Antwerpse Steenweg 19, 9080 Lochristi → Moleneinde 16 te 9080 Lochristi
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Moleneinde 16 te 9080 Lochristi",
"city": "Lochristi",
"region": "vlaams_gewest",
"street": "Moleneinde",
"country": "BE",
"postcode": "9080",
"box_number": null,
"street_number": "16",
"locality_suffix": null
},
"old_address": {
"raw": "Antwerpse Steenweg 19, 9080 Lochristi",
"city": "Lochristi",
"region": "vlaams_gewest",
"street": "Antwerpse Steenweg",
"country": "BE",
"postcode": "9080",
"box_number": null,
"street_number": "19",
"locality_suffix": null
},
"effective_date": "2022-03-29",
"evidence_quote": "De bestuurder beslist bij deze de zetel van de vennootschap over te brengen naar Moleneinde 16 te 9080 Lochristi, dit met ingang van 29/03/2022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-07-20",
"filing_date": "2022-07-11",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2022-03-28",
"unanimous": null
},
"subject_company": {
"kbo": "0819.805.693",
"name_full": "Meducation@Work",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nathan De vrieze",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Uittreksel uit de notulen van de bestuurder opgesteld dd. 28/03/2022"
]
}| Legal nameNL | Meducation@Work |
| AbbreviationNL | M@W |