AIP Medical
ActiveAIP Medical has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.01M and a net result of €241k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+3
Solvency99▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 2.57 in 2023; short-term debt: 17% and cash: 20.4% of total assets), and 26.1% 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 risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
73.9%
Return on assets
17.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
86 d early
2022
54 d early
2021
65 d early
2020
65 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€241k▲ 24.6%
2023 · €194k
2018: €35k
2019: €67k
2020: €57k
2021: €74k
2022: €97k
2023: €194k
2018 → 2024
Working capital
€633k▲ 40.0%
2023 · €452k
2018: €10k
2019: €5k
2020: €20k
2021: €96k
2022: €293k
2023: €452k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€392k-€507k▲ 29.4%€601k▲ 18.5%€791k▲ 31.7%€1.01M▲ 27.2%
Operating result€83k-€108k▲ 29.5%€150k▲ 39.3%€280k▲ 86.0%€338k▲ 20.7%
Net result€57k-€74k▲ 30.3%€97k▲ 30.4%€194k▲ 99.6%€241k▲ 24.6%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€496k▼ 7.1%
Current assets
€864k▲ 16.8%
Equity and liabilities €1.36M
Equity
€1.01M▲ 27.2%
Debt
€355k▼ 26.7%
The debt ratio falls from 37.9% to 26.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€396k▲
2023 · €345k
Cash flow
€300k▲
2023 · €259k
Solvency
73.9%▲
2023 · 62.1%
Current ratio
3.74▲
2023 · 2.57
Quick ratio
2.40▲
2023 · 1.60
Debt / equity
0.35▼
2023 · 0.61
ROE
24.0%▼
2023 · 24.5%
ROA
17.7%▲
2023 · 15.2%
Interest coverage
26.37▲
2023 · 17.63
Debt
€355k▼
2023 · €484k
Debt ≤ 1 year
€231k▼
2023 · €288k
Debt > 1 year
€123k▼
2023 · €196k
Income taxes
€86k▲
2023 · €70k
Staff costs
€230k▲
2023 · €216k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.27M€1.36M▲
Fixed assets21/28€535k€496k▼
Intangible fixed assets21€65k€45k▼
Tangible fixed assets22/27€469k€452k▼
Land and buildings22€443k€422k▼
Plant, machinery and equipment23€15k€17k▲
Furniture and vehicles24€11k€13k▲
Current assets29/58€740k€864k▲
Stocks and contracts in progress3€278k€308k▲
Stocks30/36€278k€308k▲
Amounts receivable within one year40/41€126k€271k▲
Trade receivables40€126k€117k▼
Other amounts receivable41€633€154k▲
Cash at bank and in hand54/58€315k€278k▼
Deferred charges and accrued income490/1€20k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.36M▲
Equity10/15€791k€1.01M▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€573k€791k▲
Investment grants15€54k€51k▼
Amounts payable17/49€484k€355k▼
Amounts payable after more than one year17€196k€123k▼
Financial debts170/4€196k€123k▼
Amounts payable within one year42/48€288k€231k▼
Current portion of amounts payable after more than one year42€70k€72k▲
Trade debts44€47k€53k▲
Suppliers440/4€47k€53k▲
Taxes, remuneration and social security45€71k€83k▲
Taxes450/3€45k€57k▲
Remuneration and social security454/9€26k€27k▲
Other amounts payable47/48€100k€23k▼
Income statement
Code20232024
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€216k€230k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€59k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-13k-
Other operating charges640/8€17k€26k▲
Gross operating margin9900€566k€653k▲
Operating profit (loss)9901€280k€338k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€20k€15k▼
Recurring financial charges65€20k€15k▼
Profit (loss) for the period before taxes9903€264k€327k▲
Income taxes67/77€70k€86k▲
Profit (loss) for the period9904€194k€241k▲
Profit (loss) for the period to be appropriated9905€194k€241k▲
Appropriation of the result
Profit (loss) to be appropriated9906€573k€814k▲
Profit (loss) brought forward from the previous period14P€379k€573k▲
Profit to be distributed694/7-€23k
Employees696-€23k
Social balance
Average headcount (FTE)90873.9-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €241k ▲24.6%
Operating result €338k, net result €241k, both a record.
31-12
Financial
Equity above €1MEq €1.01M ▲27.2%
7 profitable years in a row build equity to €1.01M.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €507k ▲29.4%
4 profitable years in a row build equity to €507k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
23-05-2025
Gérald Senden: Resigned as Director
23-05-2025
RST@NEXT: Resigned as Director
17-11-2023
Gérald Senden: Resigned as Director
01-08-2022
Ghislain Senden: Resigned as Director
01-08-2022
Maud Senden: Resigned as Director
31-12-2015
HAMANI ALIAOUI: Resigned as Daily management
Location & real-estate footprint
Registered office, Olne · 1 establishment unit since 1993
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.
Rue des Artisans 24877 OlneGround area
1,486 m²
Building footprint
506 m²
Volume, LiDAR
3,535 m³
Parcel 63057A0754/00G000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A.I.P. DEVELOPPEMENT
since 19932.063.371.924
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63057A0754/00G000 | Wallonia | 1,486 m² | 1 · 506 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOlne2.063.371.924
Similar companies · same sector, comparable size
BIOTECHNOLOGICAL ENZYMATIC CATALYSE
BE 0446.755.472
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BE 0451.042.674
Antwerpen · Eq €1.00M
CARE SUPPLY
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Hasselt · Eq €1.01M
REVIMEX
BE 0443.312.566
Pelt · Eq €1.00M
ORTHO SINA
BE 0889.872.555
Jette · Eq €999k
Of 1,898 companies in sector 46460 we hold annual accounts for 1,116. 758 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-07-1993
Fiscal year end31-12
Activities, NACEBEL
21209Manufacture of basic pharmaceutical products and pharmaceutical preparations
24422
46460Wholesale of pharmaceutical and medical goods
46450Wholesale of perfume and cosmetics
46851Wholesale of industrial chemicals
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.