MEDINET
ActiveMEDINET has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247k and a net result of €57k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+6
Solvency50▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 5.45 against 1.2 in 2024; short-term debt: 16.2% and cash: 0.1% of total assets), but 75.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.8%
Return on assets
5.7%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
29 d late
2023
22 d late
2022
34 d early
2021
18 d early
2020
40 d early
2019
14 d early
← 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€247k▲ 30.1%
2024 · €190k
2018: €96k
2019: €96k
2020: €94k
2021: €148k
2022: €151k
2023: €164k
2024: €190k
2018 → 2025
Total assets
€997k▲ 0.1%
2024 · €996k
2018: €147k
2019: €213k
2020: €182k
2021: €983k
2022: €952k
2023: €955k
2024: €996k
2018 → 2025
Net result
€57k▲ 122%
2024 · €26k
2018: €45k
2019: €45k
2020: €57k
2021: €53k
2022: €13k
2023: €13k
2024: €26k
2018 → 2025
Working capital
€717k▲ 385%
2024 · €148k
2018: €65k
2019: €2k
2020: €28k
2021: €65k
2022: €61k
2023: €66k
2024: €148k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€151k▲ 1.9%€164k▲ 8.9%€190k▲ 15.7%€247k▲ 30.1%
Operating result€88k-€40k▼ 54.3%€59k▲ 47.8%€48k▼ 19.1%€92k▲ 93.2%
Net result€53k-€13k▼ 76.1%€13k▲ 5.6%€26k▲ 91.5%€57k▲ 122%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €997k
Fixed assets
€119k▲ 12.2%
Current assets
€878k▼ 1.3%
Equity and liabilities €997k
Equity
€247k▲ 30.1%
Debt
€750k▼ 6.9%
The debt ratio falls from 80.9% to 75.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▲
2024 · €50k
Cash flow
€59k▲
2024 · €28k
Solvency
24.8%▲
2024 · 19.1%
Current ratio
5.45▲
2024 · 1.20
Quick ratio
0.19▲
2024 · 0.05
Debt / equity
3.03▼
2024 · 4.24
ROE
23.1%▲
2024 · 13.6%
ROA
5.7%▲
2024 · 2.6%
Interest coverage
5.53▲
2024 · 5.33
Debt
€750k▼
2024 · €806k
Debt ≤ 1 year
€161k▼
2024 · €742k
Debt > 1 year
€570k▲
2024 · €49k
Income taxes
€18k▲
2024 · €13k
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€996k€997k▲
Fixed assets21/28€106k€119k▲
Tangible fixed assets22/27€106k€119k▲
Plant, machinery and equipment23€314€100▼
Furniture and vehicles24€721€14k▲
Other tangible fixed assets26€105k€105k▼
Current assets29/58€890k€878k▼
Stocks and contracts in progress3€855k€847k▼
Stocks30/36€855k€847k▼
Amounts receivable within one year40/41€22k€20k▼
Trade receivables40€20k€20k▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€996k€997k▲
Equity10/15€190k€247k▲
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€127k€186k▲
Distributable reserves133€127k€186k▲
Profit (loss) carried forward14€2k€0▼
Amounts payable17/49€806k€750k▼
Amounts payable after more than one year17€49k€570k▲
Financial debts170/4€49k€570k▲
Amounts payable within one year42/48€742k€161k▼
Current portion of amounts payable after more than one year42€28k€67k▲
Financial debts43€614k€34k▼
Credit institutions430/8€614k€34k▼
Trade debts44€27k€16k▼
Suppliers440/4€27k€16k▼
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Other amounts payable47/48€58k€24k▼
Accrued charges and deferred income492/3€15k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€51k€96k▲
Operating profit (loss)9901€48k€92k▲
Financial income75/76B€25€8▼
Recurring financial income75€25€8▼
Financial charges65/66B€9k€17k▲
Recurring financial charges65€9k€17k▲
Profit (loss) for the period before taxes9903€39k€75k▲
Income taxes67/77€13k€18k▲
Profit (loss) for the period9904€26k€57k▲
Profit (loss) for the period to be appropriated9905€26k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€59k▲
Profit (loss) brought forward from the previous period14P€927€2k▲
Transfer to equity691/2€25k€59k▲
To other reserves6921€25k€59k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €57k ▲122%
Operating result €92k, net result €57k, both a record.
31-12
Financial
Liquidity times 5current ratio 5.45
Current ratio from 1.20 to 5.45; short-term debt falls from €742k to €161k.
31-12
Financial
Equity above €200kEq €247k ▲30.1%
8 profitable years in a row build equity to €247k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €13k ▼76.1%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €151k ▲1.9%
5 profitable years in a row build equity to €151k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €148k ▲56.6%
4 profitable years in a row build equity to €148k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Huldenberg · 1 establishment unit since 2000
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.
Ijsedal 63040 HuldenbergGround area
2,068 m²
Building footprint
299 m²
Volume, LiDAR
1,497 m³
Parcel 24045B0540/00G002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ijsedal 6, 3040 Huldenberg
since 20002.116.087.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045B0540/00G002 | Flanders | 2,068 m² | 1 · 299 m² | 9.7 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.
Similar companies · same sector, comparable size
SHIFT GEAR
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GYBBIT
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Tektön
BE 0701.682.360
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Are Agency
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INTELART
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Of 16,886 companies in sector 62100 we hold annual accounts for 8,777. 6,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-06-1999
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.