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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEDRG from Esneux, company number BE0684690336, closed financial year 2025 with a result of € 77,451 after tax. For that financial year MEDRG recorded a gross margin of € 140,157 and equity of € 20,727. Compared with financial year 2024, the result moved from € 73,178 to € 77,451. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 20,727
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,451
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 6,639
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 1,730
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,999
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,584
▼ 10% vs 2024
€ 9,504 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 856
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,705 | € 101,837 | € 113,537 | € 140,157 | ▲ 23% |
| Profit after taxes | € 7,496 | € 55,490 | € 73,178 | € 77,451 | ▲ 6% |
| Equity | € 109,208 | € 9,698 | € 21,276 | € 20,727 | ▼ 3% |
| Total debts | € 153,391 | € 301,575 | € 205,276 | € 224,420 | ▲ 9% |
| Cash | € 86,286 | € 141,905 | € 43,660 | € 6,639 | ▼ 85% |
| Land & buildings | € 151,515 | € 135,206 | € 120,154 | € 117,474 | ▼ 2% |
| Retained profit | € 103,008 | € 3,498 | € 816 | € 267 | ▼ 67% |
| Dividend | € 0 | € 155,000 | € 74,000 | € 78,000 | ▲ 5% |
| Bank debt | € 151,214 | € 139,559 | € 130,161 | € 117,584 | ▼ 10% |
| Balance sheet total | € 262,598 | € 311,273 | € 226,551 | € 245,147 | ▲ 8% |
| Employees (FTE) | - | - | - | 0.1 |
Key figures of MEDRG, 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 MEDRG?
What happened at MEDRG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,451 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,496 profit in 2022 to € 77,451 profit in 2025.
Paid € 86,085 in corporate taxes since 2022.
Best year ever: 2025, with € 77,451 profit.
Paid out € 307,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Avenue des Ardennes 174
4130 Esneux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.690.336
- VAT number
- BE 0684.690.336
- Registered office
- Avenue des Ardennes 174, 4130 Esneux
- Names & denominations
- MEDRG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2017
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
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