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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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
MEDLY from Hasselt, company number BE0676884311, closed financial year 2024 with a result of € -25,530 after tax. For that financial year MEDLY recorded a gross margin of € 53,219 and equity of € -99,768. Compared with financial year 2023, the result moved from € -97,909 to € -25,530. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 4, 2025.
€ -99,768
▼ € 13,355 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,530
▲ 74 % less loss than in 2023
Profit after tax over the fiscal year.
€ 24
▼ € 9,069 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -118,318.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,670
▲ 17% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,424
▼ 66% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 21,314
▲ 174% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,699
▲ 23% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 33,738 | € -30,501 | € 53,219 | ▲ € 83,720 |
| Profit after taxes | € 9,905 | € -97,909 | € -25,530 | ▲ € 72,379 |
| Equity | € 11,495 | € -86,413 | € -99,768 | ▼ € 13,355 |
| Total debts | € 102,279 | € 146,885 | € 133,501 | ▼ 9% |
| Cash | € 55,079 | € 9,093 | € 24 | ▼ € 9,069 |
| Retained profit | € 5,120 | € -92,788 | € -118,318 | ▼ € 25,530 |
| Bank debt | € 25,320 | € 25,320 | € 0 | ▼ 100% |
| Balance sheet total | € 113,775 | € 60,472 | € 33,733 | ▼ 44% |
Key figures of MEDLY, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to MEDLY?
What happened at MEDLY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MEDLY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 25,530. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,905 profit in 2022 to € 25,530 loss in 2024.
Paid € 4,407 in corporate taxes since 2022.
Best year ever: 2022, with € 9,905 profit.
Management
Behind MEDLY is El-Hassan Abdou.
Directors
According to the 2024 annual accounts
El-Hassan Abdou
Director
Establishments
Establishment units
Physical locations of this company
Koning Boudewijnlaan 20 box A
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
All companies at this address →Puntje zonder I
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€ 13,273 gross margin · 2023
DECO FLOOR
€ 57,427 gross margin · 2024
+81 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.884.311
- VAT number
- BE 0676.884.311
- Registered office
- Koning Boudewijnlaan 20 bus A, 3500 Hasselt
- Names & denominations
- MEDLY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 16 June 2017
- Peppol
- Not registered
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