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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Medaz from Oudergem, company number BE0773425243, closed financial year 2025 with a result of € -33,996 after tax. For that financial year Medaz recorded a gross margin of € 241,337 and equity of € 7,411. Compared with financial year 2024, the result moved from € 56,237 to € -33,996. The company made a loss. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 7,411
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,996
▼ still € 56,237 profit in 2024
Profit after tax over the fiscal year.
€ 20,746
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,589.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 229,032
▲ 27% 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.
€ 7,688
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 126,695
€ 18,332 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 42,226
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,276
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,743 | € 184,560 | € 253,271 | € 241,337 | ▼ 5% |
| Profit after taxes | € -32,628 | € 7,799 | € 56,237 | € -33,996 | ▼ € 90,233 |
| Equity | € -22,628 | € -14,829 | € 41,408 | € 7,411 | ▼ 82% |
| Total debts | € 99,608 | € 120,241 | € 123,095 | € 216,576 | ▲ 76% |
| Cash | € 46,812 | € 60,316 | € 134,524 | € 20,746 | ▼ 85% |
| Retained profit | € -32,628 | € -24,829 | € 31,408 | € -2,589 | ▼ € 33,996 |
| Bank debt | € 0 | € 0 | € 0 | € 126,695 | |
| Balance sheet total | € 76,980 | € 105,412 | € 164,502 | € 223,988 | ▲ 36% |
Key figures of Medaz, 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 Medaz?
What happened at Medaz in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,996 (▼ € 90,233 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudergem. KBO
- Aze-Eddine Mofdi became a director. NBB
In short
From € 32,628 loss in 2022 to € 33,996 loss in 2025.
Paid € 10,544 in corporate taxes since 2022.
Best year ever: 2024, with € 56,237 profit.
Management
Behind Medaz is Aze-Eddine Mofdi.
Directors
According to the 2025 annual accounts
Aze-Eddine Mofdi
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Waverse steenweg 1680
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MOFDI Aze-Eddine(oprichter) 100%
Details
- Company number
- 0773.425.243
- VAT number
- BE 0773.425.243
- Registered office
- Waverse steenweg 1680, 1160 Oudergem
- Names & denominations
- Medaz
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2021
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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