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MEDADMIN

Active
Private limited companyfounded 200124 yrs activeSint-Lenaartsesteenweg 34, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0476.015.127
Summary

MEDADMIN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €326,541 and a net result of €14,257. Equity is growing by ~9.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability68▼-8
Solvency68▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 1.15 in 2023; short-term debt: 23.4% and cash: 0.8% of total assets), and 56.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
highest failure risk from 2 to 8 years 24 years 0 30 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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
66 d early
2023
48 d early
2022
94 d early
2021
79 d early
2020
75 d early
2019
99 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 72 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 26 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

MEDADMIN was incorporated on 6 November 2001.1 Total assets rose from EUR 454,223 in 2018 to EUR 758,025 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€326,541▲ 4.6%
2023 · €312,284
Total assets
€758,025▲ 39.3%
2023 · €544,089
Net result
€14,257▼ 54.7%
2023 · €31,500
Working capital
-€36,630
2023 · €25,441
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€73,215▲ 62.5%€81,682▲ 11.6%€70,276▼ 14.0%€53,137▼ 24.4%€41,523▼ 21.9%
Net result€54,778above the sector's middle half▲ 73.1%€57,222within the sector's middle half▲ 4.5%€48,659within the sector's middle half▼ 15.0%€31,500within the sector's middle half▼ 35.3%€14,257within the sector's middle half▼ 54.7%
Equity€238,703above the sector's middle half▲ 23.1%€289,325above the sector's middle half▲ 21.2%€336,384above the sector's middle half▲ 16.3%€312,284above the sector's middle half▼ 7.2%€326,541above the sector's middle half▲ 4.6%
Total assets€441,536within the sector's middle half▲ 1.6%€445,738within the sector's middle half▲ 1.0%€482,408within the sector's middle half▲ 8.2%€544,089above the sector's middle half▲ 12.8%€758,025above the sector's middle half▲ 39.3%
Debt€202,833▼ 15.8%€156,413▼ 22.9%€146,024▼ 6.6%€231,804▲ 58.7%€431,483▲ 86.1%
Working capital€68,768within the sector's middle half▲ 58.6%€93,768within the sector's middle half▲ 36.4%€105,907within the sector's middle half▲ 12.9%€25,441within the sector's middle half▼ 76.0%-€36,630below the sector's middle half
Solvency54.1%within the sector's middle half▲ 9.5pp64.9%within the sector's middle half▲ 10.8pp69.7%within the sector's middle half▲ 4.8pp57.4%within the sector's middle half▼ 12.3pp43.1%within the sector's middle half▼ 14.3pp
Current ratio1.95within the sector's middle half▲ 0.392.61within the sector's middle half▲ 0.662.94within the sector's middle half▲ 0.331.15within the sector's middle half▼ 1.790.79below the sector's middle half▼ 0.36
Return on assets (ROA)12.4%within the sector's middle half▲ 5.1pp12.8%within the sector's middle half▲ 0.4pp10.1%within the sector's middle half▼ 2.8pp5.8%within the sector's middle half▼ 4.3pp1.9%within the sector's middle half▼ 3.9pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2020: €73,215€73,215Net result 2020: €54,778€54,778Operating result 2021: €81,682€81,682Net result 2021: €57,222€57,222Operating result 2022: €70,276€70,276Net result 2022: €48,659€48,659Operating result 2023: €53,137€53,137Net result 2023: €31,500€31,500Operating result 2024: €41,523€41,523Net result 2024: €14,257€14,25720202021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €70,276€70,300Net result 2022: €48,659€48,700Operating result 2023: €53,137€53,100Net result 2023: €31,500€31,500Operating result 2024: €41,523€41,500Net result 2024: €14,257€14,300202220232024
The operating result has fallen three years in a row; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €758,025
Fixed assets €617,009 ▲ 75.9%
Current assets €141,016 ▼ 27.1%
Equity and liabilities €758,025
Equity €326,541 ▲ 4.6%
Debt €431,483 ▲ 86.1%
Debt's share of the balance-sheet total rises from 42.6% to 56.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€109,533▲
2023 · €80,810
Cash flow
€82,267▲
2023 · €59,173
Quick ratio
0.70▼
2023 · 1.04
Debt to equity
1.32▲
2023 · 0.74
ROE
4.4%▼
2023 · 10.1%
Interest coverage
5.59▼
2023 · 10.59
Debt ≤ 1 year
€177,645▲
2023 · €167,893
Debt > 1 year
€246,264▲
2023 · €61,241
Income taxes
€8,102▼
2023 · €14,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€544,089€758,025▲
Fixed assets21/28€350,755€617,009▲
Tangible fixed assets22/27€350,755€617,009▲
Land and buildings22€264,527€508,715▲
Plant, machinery and equipment23€23,247€23,888▲
Furniture and vehicles24€62,981€84,405▲
Current assets29/58€193,334€141,016▼
Stocks and contracts in progress3€18,650€17,150▼
Stocks30/36€18,650€17,150▼
Amounts receivable within one year40/41€24,994€40,250▲
Trade receivables40€24,493€37,768▲
Other amounts receivable41€501€2,482▲
Current investments50/53€91,353€55,656▼
Cash at bank and in hand54/58€26,078€5,884▼
Deferred charges and accrued income490/1€32,259€22,076▼
Equity and liabilities
Total equity and liabilities10/49€544,089€758,025▲
Equity10/15€312,284€326,541▲
Contributions10/11€18,600€18,600=
Reserves13€293,550€307,800▲
Distributable reserves133€293,550€307,800▲
Profit (loss) carried forward14€134€141▲
Amounts payable17/49€231,804€431,483▲
Amounts payable after more than one year17€61,241€246,264▲
Financial debts170/4€59,481€244,504▲
Other amounts payable178/9€1,760€1,760=
Amounts payable within one year42/48€167,893€177,645▲
Current portion of amounts payable after more than one year42€31,107€37,208▲
Trade debts44€7,905€9,357▲
Suppliers440/4€7,905€9,357▲
Taxes, remuneration and social security45€9,776€8,141▼
Taxes450/3€9,776€8,141▼
Other amounts payable47/48€119,105€122,939▲
Accrued charges and deferred income492/3€2,671€7,574▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,673€68,010▲
Other operating charges640/8€4,520€5,551▲
Gross operating margin9900€85,330€115,084▲
Operating profit (loss)9901€53,137€41,523▼
Financial income75/76B€623€436▼
Recurring financial income75€623€436▼
Financial charges65/66B€7,629€19,600▲
Recurring financial charges65€7,629€19,600▲
Profit (loss) for the period before taxes9903€46,131€22,359▼
Income taxes67/77€14,631€8,102▼
Profit (loss) for the period9904€31,500€14,257▼
Profit (loss) for the period to be appropriated9905€31,500€14,257▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,624€14,391▼
Profit (loss) brought forward from the previous period14P€124€134▲
Transfer to equity691/2€29,890€14,250▼
To other reserves6921€29,890€14,250▼
Profit to be distributed694/7€1,600-
Return on contributions (dividend)694€1,600-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,955€14,062€19,704€27,673€68,010▲ 146%
Other operating charges640/8-€4,003€3,952€4,520€5,551▲ 22.8%
Gross operating margin9900€91,256€99,747€93,932€85,330€115,084▲ 34.9%
Operating profit (loss)9901€73,215€81,682€70,276€53,137€41,523▼ 21.9%
Financial income75/76B-€1,340€1,738€623€436▼ 30.0%
Recurring financial income75€0€1,340€1,738€623€436▼ 30.0%
Financial charges65/66B-€3,187€2,788€7,629€19,600▲ 157%
Recurring financial charges65€3,851€3,187€2,788€7,629€19,600▲ 157%
Profit (loss) for the period before taxes9903€69,365€79,835€69,227€46,131€22,359▼ 51.5%
Income taxes67/77€14,587€22,613€20,568€14,631€8,102▼ 44.6%
Profit (loss) for the period9904€54,778€57,222€48,659€31,500€14,257▼ 54.7%
Profit (loss) for the period to be appropriated9905€54,778€57,222€48,659€31,500€14,257▼ 54.7%
Line20202021202220232024Change
Assets
Total assets20/58€441,536€445,738€482,408€544,089€758,025▲ 39.3%
Fixed assets21/28€300,437€293,709€321,928€350,755€617,009▲ 75.9%
Tangible fixed assets22/27€300,437€293,709€321,928€350,755€617,009▲ 75.9%
Land and buildings22-€285,469€274,998€264,527€508,715▲ 92.3%
Plant, machinery and equipment23---€23,247€23,888▲ 2.8%
Furniture and vehicles24-€8,240€46,930€62,981€84,405▲ 34.0%
Current assets29/58€141,099€152,030€160,480€193,334€141,016▼ 27.1%
Stocks and contracts in progress3---€18,650€17,150▼ 8.0%
Stocks30/36---€18,650€17,150▼ 8.0%
Amounts receivable within one year40/41€49,524€59,582€50,940€24,994€40,250▲ 61.0%
Trade receivables40-€17,841€18,358€24,493€37,768▲ 54.2%
Other amounts receivable41-€41,741€32,582€501€2,482▲ 395%
Current investments50/53€23,193€37,168€64,168€91,353€55,656▼ 39.1%
Cash at bank and in hand54/58€1,738€3,677€1,802€26,078€5,884▼ 77.4%
Deferred charges and accrued income490/1-€51,602€43,570€32,259€22,076▼ 31.6%
Equity and liabilities
Total equity and liabilities10/49€441,536€445,738€482,408€544,089€758,025▲ 39.3%
Equity10/15€238,703€289,325€336,384€312,284€326,541▲ 4.6%
Contributions10/11-€72,600€72,600€18,600€18,600=
Reserves13€166,060€216,660€263,660€293,550€307,800▲ 4.9%
Non-distributable reserves130/1-€7,260€7,260---
Reserves not available under the articles1311-€7,260€7,260---
Distributable reserves133-€209,400€256,400€293,550€307,800▲ 4.9%
Profit (loss) carried forward14€43€65€124€134€141▲ 5.3%
Amounts payable17/49€202,833€156,413€146,024€231,804€431,483▲ 86.1%
Amounts payable after more than one year17€129,681€97,318€90,588€61,241€246,264▲ 302%
Financial debts170/4-€97,318€90,588€59,481€244,504▲ 311%
Other amounts payable178/9---€1,760€1,760=
Amounts payable within one year42/48€72,331€58,262€54,573€167,893€177,645▲ 5.8%
Current portion of amounts payable after more than one year42-€32,363€30,202€31,107€37,208▲ 19.6%
Trade debts44€2,284€3,645€7,244€7,905€9,357▲ 18.4%
Suppliers440/4-€3,645€7,244€7,905€9,357▲ 18.4%
Taxes, remuneration and social security45-€17,254€17,127€9,776€8,141▼ 16.7%
Taxes450/3-€17,254€17,127€9,776€8,141▼ 16.7%
Other amounts payable47/48-€5,000-€119,105€122,939▲ 3.2%
Accrued charges and deferred income492/3-€833€863€2,671€7,574▲ 184%
Line20202021202220232024Change
Profit (loss) for the period9904€54,778€57,222€48,659€31,500€14,257▼ 54.7%
+ Depreciation and write-downs630€13,955€14,062€19,704€27,673€68,010▲ 146%
Operating cash flow (approximation)€68,733€71,284€68,363€59,173€82,267▲ 39.0%
Investment in fixed assets (approximation)--€7,334-€47,923-€56,500-€334,264▼ 492%
Change in cash-€1,940-€1,876€24,277-€20,195▼ 183%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €14,257 ▼54.7%
Net result drops to €14,257, the lowest in the series.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €57,222 ▲4.5%
Operating result €81,682, net result €57,222, both a record.
17-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €200,000Eq €238,703 ▲23.1%
3 profitable years in a row build equity to €238,703.
23-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Rijkevorsel · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,937 m²
Building footprint
138 m²
Volume, LiDAR
780 m³
Parcel 13037H0654/00Y000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THUISVERPLEGING BEN VAN DIJCK
Sint-Lenaartsesteenweg 34, 2310 RijkevorselNACE 7414201
since 20012.223.978.980
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13037H0654/00Y000 Flanders 1,936 m² 1 · 138 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 37,658 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
01430Raising of horses and other equines
81300Landscape service activities
86940Nursing and midwifery
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0476015127
Registered 28-07-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.