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MEDX

Active
Public limited companyfounded 200224 yrs activeAlbertlaan 77, 1190 Vorst, BelgiumKBO/BCE: BE 0478.137.546
Summary

The computed 12-month bankruptcy probability of MEDX is 4.4% (elevated). For MEDX, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€98,459) and a net result of €2,684. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 649 sector peers (fiscal year 2022). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other postal and courier activities
NACE 53200NACE 64120
2 sites
Size
€20,787total assets 2022
Equity
-€98,459
Profit
€2,684
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
4.4%
2022 figures too old to score
Structure
Accounts 886 d overdue0 of 3 deeds read
Signals- Figures for FY 2022 (filed 02-05-2023)- 3 financial years not filed after the legal deadline; latest accounts 2 days late- Two or more financial years not filed+ Liquidity: current ratio 24.62, cash €11,363+ Founded in 2002A punctual record breaksShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency 0=
equity -473.7% of total assets
Liquidity 100+77
short-term debt 3.3% · cash 54.7%
Profitability 85-15
return on assets 12.9%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.6% (893 companies)
Last 24 months 11-2024: 2.7% 12-2024: 2.9%▲ +6.3% vs 11-2024 01-2025: 2.6%▼ -10.8% vs 12-2024lowest value 02-2025: 2.6%● 0.0% vs 01-2025lowest value 03-2025: 2.6%● 0.0% vs 02-2025lowest value 04-2025: 2.6%● 0.0% vs 03-2025lowest value 05-2025: 3.9%▲ +48.6% vs 04-2025 06-2025: 4.8%▲ +24.2% vs 05-2025highest value 07-2025: 4.8%● 0.0% vs 06-2025highest value 08-2025: 4.8%● 0.0% vs 07-2025highest value 09-2025: 4.8%● 0.0% vs 08-2025highest value 10-2025: 4.8%● 0.0% vs 09-2025highest value 11-2025: 4.8%● 0.0% vs 10-2025highest value 12-2025: 4.8%● 0.0% vs 11-2025highest value 01-2026: 4.8%● 0.0% vs 12-2025highest value 02-2026: 4.8%● 0.0% vs 01-2026highest value 03-2026: 4.8%● 0.0% vs 02-2026highest value 04-2026: 4.8%● 0.0% vs 03-2026highest value 05-2026: 4.4%▼ -7.5% vs 04-2026 06-2026: 4.4%● 0.0% vs 05-2026 07-2026: 4.4%● 0.0% vs 06-2026 08-2026: 4.4%● 0.0% vs 07-2026 09-2026: 4.4%● 0.0% vs 08-2026 10-2026: 4.4%● 0.0% vs 09-2026
  • Figures for FY 2022 (filed 02-05-2023) raises the probability
  • 3 financial years not filed after the legal deadline; latest accounts 2 days late raises the probability
  • Liquidity: current ratio 24.62, cash €11,363 lowers the probability
  • Founded in 2002 lowers the probability for this profile
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2022 (filed 02-05-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 2 days late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Liquidity: current ratio 24.62, cash €11,363
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-09-2023 close30-04-2024 deadline03-10-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 02-05-2023, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
2 d late
2021
106 d early
2020
27 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Annual accounts filedfiscal year 2021 · micro…
  3. Annual accounts filedfiscal year 2020 · micro…

Key points

  • Risk: Accounts not fileddeadline was 30-04-2024 886 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€98,459 View
  • Caution: Among the weakest 5% on solvencysector median 34.0% · 649 companies -473.7% View

By topic

Financials

Fiscal year
2022
Total assets
€20,787
Profit
€2,684
Solvency
-473.7%
Total assets▲ 4,310%
Net result
20192022
Go to Financials

Timeline

Events
12
Since
2013
  1. 02-05-2023Annual accounts filed
  2. 14-01-2022Annual accounts filed
  3. 03-04-2021Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Other postal and courier activitiesNACE 53200
Founded
07-08-2002
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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