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Medwest

Active
Private limited companyfounded 201015 yrs activeWestergemstraat 183, 9032 Gent, BelgiumKBO/BCE: BE 0832.180.420

Medwest has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €937k and a net result of €190k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 85% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
96 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 16.92 against 15.26 in 2024; short-term debt: 4.2% and cash: 31.6% of total assets), and 9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91%
Return on assets
18.5%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
35 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
92 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€937k▲ 13.3%
2024 · €827k
2018: €317k 2019: €398k 2020: €445k 2021: €578k 2022: €657k 2023: €723k 2024: €827k
2018 → 2025
Total assets
€1.03M▲ 8.0%
2024 · €953k
2018: €656k 2019: €695k 2020: €712k 2021: €810k 2022: €860k 2023: €905k 2024: €953k
2018 → 2025
Net result
€190k▲ 14.2%
2024 · €167k
2018: €83k 2019: €80k 2020: €114k 2021: €132k 2022: €148k 2023: €150k 2024: €167k
2018 → 2025
Working capital
€694k▲ 16.1%
2024 · €598k
2018: €81k 2019: €202k 2020: €238k 2021: €389k 2022: €476k 2023: €480k 2024: €598k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€578k-€657k▲ 13.7%€723k▲ 10.1%€827k▲ 14.4%€937k▲ 13.3%
Operating result€206k-€214k▲ 3.9%€245k▲ 14.3%€245k▼ 0.2%€252k▲ 2.9%
Net result€132k-€148k▲ 11.8%€150k▲ 1.4%€167k▲ 11.1%€190k▲ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €206k€206kNet result 2021: €132k€132kOperating result 2022: €214k€214kNet result 2022: €148k€148kOperating result 2023: €245k€245kNet result 2023: €150k€150kOperating result 2024: €245k€245kNet result 2024: €167k€167kOperating result 2025: €252k€252kNet result 2025: €190k€190k20212022202320242025
The operating result recovers in 2025; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets €292k▼ 6.9%
Current assets €738k▲ 15.3%
Equity and liabilities €1.03M
Equity €937k▲ 13.3%
Debt €92k▼ 26.7%
The debt ratio falls from 13.2% to 9.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€305k
2024 · €296k
Cash flow
€243k
2024 · €218k
Solvency
91.0%
2024 · 86.8%
Current ratio
16.92
2024 · 15.26
Quick ratio
16.92
2024 · 15.26
Debt / equity
0.10
2024 · 0.15
ROE
20.3%
2024 · 20.2%
ROA
18.5%
2024 · 17.5%
Interest coverage
59.75
2024 · 15.24
Debt
€92k
2024 · €126k
Debt ≤ 1 year
€44k
2024 · €42k
Debt > 1 year
€49k
2024 · €84k
Income taxes
€84k
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€953k€1.03M
Fixed assets21/28€313k€292k
Tangible fixed assets22/27€313k€292k
Land and buildings22€226k€198k
Plant, machinery and equipment23€13k€15k
Furniture and vehicles24€49k€60k
Other tangible fixed assets26€24k€19k
Current assets29/58€640k€738k
Amounts receivable within one year40/41€15k€12k
Trade receivables40€2k-
Other amounts receivable41€12k€12k
Current investments50/53€362k€388k
Cash at bank and in hand54/58€251k€325k
Deferred charges and accrued income490/1€12k€12k
Equity and liabilities
Total equity and liabilities10/49€953k€1.03M
Equity10/15€827k€937k
Contributions10/11€12k€12k=
Reserves13€814k€924k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€812k€922k
Profit (loss) carried forward14€567€567=
Amounts payable17/49€126k€92k
Amounts payable after more than one year17€84k€49k
Financial debts170/4€84k€49k
Amounts payable within one year42/48€42k€44k
Current portion of amounts payable after more than one year42€34k€35k
Trade debts44€601€77
Suppliers440/4€601€77
Taxes, remuneration and social security45€4k€6k
Taxes450/3€4k€6k
Other amounts payable47/48€3k€2k
Accrued charges and deferred income492/3€16-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€53k
Other operating charges640/8€5k€6k
Gross operating margin9900€301k€310k
Operating profit (loss)9901€245k€252k
Financial income75/76B€14k€28k
Recurring financial income75€14k€28k
Financial charges65/66B€19k€5k
Recurring financial charges65€19k€5k
Profit (loss) for the period before taxes9903€239k€275k
Income taxes67/77€72k€84k
Profit (loss) for the period9904€167k€190k
Profit (loss) for the period to be appropriated9905€167k€190k
Appropriation of the result
Profit (loss) to be appropriated9906€167k€191k
Profit (loss) brought forward from the previous period14P€567€567=
Transfer from equity791/2€83k€80k
Transfer to equity691/2€167k€190k
To other reserves6921€167k€190k
Profit to be distributed694/7€83k€80k
Return on contributions (dividend)694€83k€80k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €190k ▲14.2%
Operating result €252k, net result €190k, both a record.
04-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €500kEq €578k ▲29.8%
4 profitable years in a row build equity to €578k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial Weakest financial yearnet €80k ▼3.1%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 4.97
Current ratio from 2.27 to 4.97; short-term debt falls from €63k to €51k.
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Gent · 2 establishment units since 2010
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Westergemstraat 1839032 Gent
Ground area
1,213 m²
Building footprint
446 m²
Volume, LiDAR
2,475 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Westergemstraat 183, 9032 Gent
General medical practice
since 20102.195.267.673
Dr. Jeroen Claeys - Huisarts
Bevrijdingslaan 208, 9000 GentGeneral medical practice
since 20132.224.170.408
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074B0494/00L002 Flanders 958 m² 1 · 195 m² 6.4 m · 2 fl.
44816K0530/00F005 Flanders 254 m² 1 · 251 m² 11.3 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 1,298 EUR awarded · 1,298 EUR paid
Year Entries awardedpaid
2025 1 1,298 EUR1,298 EUR
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 1,298 EUR · 1,298 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 9,124 companies in sector 86210 we hold annual accounts for 6,337. 4,163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2010
Fiscal year end31-12
Activities, NACEBEL
86210General medical practice
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.