Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEDAP from Oostkamp, company number BE0446411321, closed financial year 2025 with a result of € -1,677 after tax. For that financial year MEDAP recorded a gross margin of € 32,972 and equity of € 93,869. Compared with financial year 2024, the result moved from € 556 to € -1,677. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 93,869
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,677
▼ still € 556 profit in 2024
Profit after tax over the fiscal year.
€ 880
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,131.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 60,928
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,664
▼ 18% vs 2024
€ 14,183 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 308
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,150 | € 32,123 | € 36,528 | € 32,972 | ▼ 10% |
| Profit after taxes | € -8,707 | € -2,625 | € 556 | € -1,677 | ▼ € 2,234 |
| Equity | € 97,615 | € 94,990 | € 95,546 | € 93,869 | ▼ 2% |
| Total debts | € 168,445 | € 156,392 | € 128,281 | € 111,023 | ▼ 13% |
| Cash | € 15,708 | € 1,635 | € 3,475 | € 880 | ▼ 75% |
| Land & buildings | € 201,211 | € 180,439 | € 159,667 | € 140,799 | ▼ 12% |
| Retained profit | € -16,385 | € -19,010 | € -18,454 | € -20,131 | ▼ € 1,677 |
| Bank debt | € 104,239 | € 90,541 | € 76,684 | € 62,664 | ▼ 18% |
| Balance sheet total | € 266,060 | € 251,382 | € 223,827 | € 204,892 | ▼ 8% |
Key figures of MEDAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MEDAP?
What happened at MEDAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,677 (▼ € 2,234 vs 2024). Source: NBB ↗
- New establishment in Oostkamp. KBO
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,707 loss in 2022 to € 1,677 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2024, with € 556 profit.
Management
Behind MEDAP is Pieter-Jan De Clercq.
Directors
According to the 2025 annual accounts
Pieter-Jan De Clercq
Director
Establishments
Establishment units
Physical locations of this company
Rododendrondreef 18
8020 Oostkamp
Koning Ridderdijk 22 box 10
8434 Middelkerke
Active since 6 August 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.411.321
- VAT number
- BE 0446.411.321
- Registered office
- Rododendrondreef 18, 8020 Oostkamp
- Names & denominations
- MEDAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 1992
- Peppol
- Active · Active since 10 Jan 2025