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MEDISCOPE

Active
Public limited companyfounded 1986active for 40 yearsLouizalaan 367, 1050 Elsene, BelgiumKBO/BCE: BE 0428.624.390
Summary

MEDISCOPE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,661 and a net result of €250,739. Equity has been shrinking by about 22% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 17% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 18-03-1986 Normal situation
Registered office
491 active companies are registered at this address 35 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 3 others
Establishment unit
2.040.986.106 1050 Elsene, since 24-11-1988
Financial year end
30 September
Peppol
Reachable since 10-12-2025

Board and ownership

Board
  • Neerman LucDirector · since 29-11-2021

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts to 30-09-2025
Gross margin
€305,414
Turnover
≈ €760,000
estimated
Profit
€250,739
Equity
€185,661
Total assets
€1.3m
  • 2025 accounts filed 6 days after the deadline
Filed on 06-05-2026
Score breakdownraises riskLiquidity: current ratio 1.03, cash €18, halvedSector: Specialised construction activities (NACE 43)Last filed accounts filed 6 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.3mShow the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Average
Solvency 39+19
equity 14.0% of total assets
Liquidity 12-53
short-term debt 70.8% · cash 0.0%
Profitability 92+55
return on assets 18.8%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 2.0%▲ +0.1 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.2%▲ +0.2 percentage points vs 04-2025 06-2025: 2.1%▼ -0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.3 percentage points vs 06-2025 08-2025: 1.3%▼ -1.1 percentage points vs 07-2025lowest value 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▲ +0.1 percentage points vs 09-2025 11-2025: 1.7%▲ +0.1 percentage points vs 10-2025 12-2025: 2.2%▲ +0.5 percentage points vs 11-2025 01-2026: 4.7%▲ +2.5 percentage points vs 12-2025 02-2026: 4.7%● unchanged vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026highest value 04-2026: 4.3%▼ -0.4 percentage points vs 03-2026 05-2026: 4.3%● unchanged vs 04-2026 06-2026: 1.4%▼ -2.9 percentage points vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.16 in 2023), below the usual 1.5. Short-term debt is 70.8% and cash 0% of total assets. 86% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 17% of them on solvency, 7% on liquidity and 78% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.03, cash €18, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Last filed accounts filed 6 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-05-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2023
54 days late
2022
36 days early
2021
120 days late
2020
69 days late
2019
48 days late
2018
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 43), the median for financial year 2023 was 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies €250,739 View

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed Capital decrease of €365,000 to €70,760
  3. · Gazette deed Registered office moved from Waregem to Brussel
All 23 events

Comparable companies

These companies have the same main activity as MEDISCOPE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €1.1m and €1.4m, founded between 1981 and 1992.

CompanyTotal assetsGross margin
MEDISCOPE Elsene€1.3m€0.3m
VIAENE TIELT Tielt€1.1m€0.3m
CENTRALE FROID - THIRY et FILS Habay€1.3m€0.4m
DEMEYCO ELEWAUT Sint-Niklaas€1.4m€0.4m
CENTRALE VERWARMING KEGELS Sint-Gillis-Waas€1.1m€0.3m
DURCE Chaumont-Gistoux€1.1m€0.3m
FUMISTERIE DUBOIS Welkenraedt€1.4m€0.3m
Full comparison

Key facts about MEDISCOPE

What is the company number of MEDISCOPE?
The company number of MEDISCOPE is 0428.624.390. The VAT number is the same number with BE in front: BE 0428.624.390.
Where is MEDISCOPE based?
The registered office is at Louizalaan 367, 1050 Elsene.Company details
What does MEDISCOPE do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of MEDISCOPE?
The legal form of MEDISCOPE is Public limited company (NV).
When was MEDISCOPE founded?
MEDISCOPE was founded on 18-03-1986.
Is MEDISCOPE still active?
Yes, MEDISCOPE is an active enterprise in the KBO register.
What is the turnover of MEDISCOPE?
The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €305,414 and 32 comparable companies (NACE 432). It probably lies between €580,000 and €980,000.Financials
Is MEDISCOPE profitable?
In financial year 2025, MEDISCOPE made a profit of €250,739.
Where can I find the annual accounts of MEDISCOPE?
MEDISCOPE filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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