DU MIDI
ActiveSummary
DU MIDI has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40,719 and a net result of €9,674. Equity is shrinking by ~37.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101
#2 company by total assets in Essen, Real estate sector1 site
How big
€4.5mtotal assets 2024
- Equity
- €40,719
- Profit
- €9,674
Turnover not published (abridged schema)
Who decides
Accounts 34 d early0 of 2 deeds read
Why 43+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-1
Solvency26=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.01 in 2023; short-term debt: 99% and cash: 0.1% of total assets), and 99.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
61 d late
2023
30 d late
2022
24 d early
2021
18 d late
2020
24 d late
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €4.5mProfit €9,674Solvency 0.9%Liquidity 1.01
Total assets
€4.5m▲ 52.8%
2018 - 2024
Net result
€9,674▼ 22.3%
2018 - 2024
Equity
€40,719▲ 31.2%
2018 - 2024
Solvency
0.9%▼ 0.1pp
2018 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
In the rankings
#2 company by total assets in Essen, Real estate sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€0.002m€0.03m€0.07m▲ 137%€0.1m▲ 113%€0.2m▲ 44.9%
Net result-€0.02mbelow the sector's middle half-€0.004mwithin the sector's middle half▲ 82.8%€0.01mwithin the sector's middle half€0.01mwithin the sector's middle half▼ 11.0%€0.01mwithin the sector's middle half▼ 22.3%
Equity€0.2mwithin the sector's middle half▼ 53.1%€0.2mwithin the sector's middle half▼ 2.3%€0.2mwithin the sector's middle half▲ 9.1%€0.03mwithin the sector's middle half▼ 81.4%€0.04mwithin the sector's middle half▲ 31.2%
Total assets€1.3mwithin the sector's middle half▼ 19.8%€1.4mwithin the sector's middle half▲ 5.5%€2.7mabove the sector's middle half▲ 97.5%€2.9mabove the sector's middle half▲ 8.9%€4.5mabove the sector's middle half▲ 52.8%
Debt€1.1m▼ 11.2%€1.2m▲ 6.5%€2.5m▲ 109%€2.9m▲ 14.8%€4.5m▲ 53.1%
Working capital€0.2mwithin the sector's middle half▼ 52.1%€0.2mwithin the sector's middle half▼ 3.5%€0.2mabove the sector's middle half▲ 8.3%€0.03mwithin the sector's middle half▼ 81.4%€0.04mwithin the sector's middle half▲ 41.5%
Solvency12.1%within the sector's middle half▼ 8.6pp11.2%within the sector's middle half▼ 0.9pp6.2%within the sector's middle half▼ 5.0pp1.1%below the sector's middle half▼ 5.1pp0.9%below the sector's middle half▼ 0.1pp
Current ratio1.14within the sector's middle half▼ 0.121.13within the sector's middle half▼ 0.011.07within the sector's middle half▼ 0.061.01within the sector's middle half▼ 0.061.01within the sector's middle half=
Return on assets (ROA)-1.6%below the sector's middle half▼ 11.3pp-0.3%within the sector's middle half▲ 1.4pp0.5%within the sector's middle half▲ 0.8pp0.4%within the sector's middle half▼ 0.1pp0.2%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 45% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €4.5m
Equity
€40,719 ▲ 31.2%
Debt
€4.5m ▲ 53.1%
Debt's share of the balance-sheet total rises from 98.9% to 99.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
Quick ratio
0.00▼
2023 · 0.01
ROE
23.8%▼
2023 · 40.1%
Debt ≤ 1 year
€4.4m▲
2023 · €2.9m
Income taxes
€5,635▲
2023 · €1,911
A ratio outside any meaningful range has been withheld (balance sheet total €4.5m, equity €40,719).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.0%
went bankrupt
2.1%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €101 | €102 | €1,351 | €515 | ▼ 61.9% |
| Gross operating margin9900 | -€2,277 | €29,369 | €69,322 | €148,935 | €214,382 | ▲ 43.9% |
| Operating profit (loss)9901 | -€2,321 | €29,268 | €69,220 | €147,583 | €213,866 | ▲ 44.9% |
| Financial charges65/66B | - | €32,876 | €55,245 | €133,228 | €198,557 | ▲ 49.0% |
| Recurring financial charges65 | €18,671 | €32,876 | €55,245 | €133,228 | €198,557 | ▲ 49.0% |
| Profit (loss) for the period before taxes9903 | -€20,991 | -€3,608 | €13,975 | €14,355 | €15,309 | ▲ 6.6% |
| Income taxes67/77 | - | - | - | €1,911 | €5,635 | ▲ 195% |
| Profit (loss) for the period9904 | -€20,991 | -€3,608 | €13,975 | €12,445 | €9,674 | ▼ 22.3% |
| Profit (loss) for the period to be appropriated9905 | -€20,991 | -€3,608 | €13,975 | €12,445 | €9,674 | ▼ 22.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.4m | €2.7m | €2.9m | €4.5m | ▲ 52.8% |
| Current assets29/58 | €1.3m | €1.4m | €2.7m | €2.9m | €4.5m | ▲ 52.8% |
| Stocks and contracts in progress3 | €1.3m | €1.3m | €2.7m | €2.9m | €4.5m | ▲ 54.7% |
| Stocks30/36 | - | €1.3m | €2.7m | €2.9m | €4.5m | ▲ 54.7% |
| Amounts receivable within one year40/41 | €0.001m | €0.01m | €0.02m | €0.03m | €0.008m | ▼ 73.9% |
| Trade receivables40 | - | €0.01m | €0.02m | €0.02m | - | - |
| Other amounts receivable41 | - | €0.001m | €0.001m | €0.009m | €0.008m | ▼ 5.9% |
| Cash at bank and in hand54/58 | €0.005m | €0.02m | €0.009m | €0.01m | €0.002m | ▼ 79.4% |
| Deferred charges and accrued income490/1 | - | €134 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €2.7m | €2.9m | €4.5m | ▲ 52.8% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.03m | €0.04m | ▲ 31.2% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.01m | €0.02m | ▲ 77.7% |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | €0.2m | €0.2m | €0.01m | €0.02m | ▲ 77.7% |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | -€0.01m | - | - | - |
| Amounts payable17/49 | €1.1m | €1.2m | €2.5m | €2.9m | €4.5m | ▲ 53.1% |
| Amounts payable within one year42/48 | €1.1m | €1.2m | €2.5m | €2.9m | €4.4m | ▲ 53.0% |
| Financial debts43 | - | €1.0m | €1.8m | €1.8m | €2.4m | ▲ 30.2% |
| Credit institutions430/8 | - | €1.0m | €1.8m | €1.8m | €2.4m | ▲ 30.2% |
| Trade debts44 | €0.06m | - | €0.001m | €0.02m | €0.1m | ▲ 622% |
| Suppliers440/4 | - | - | €0.001m | €0.02m | €0.1m | ▲ 622% |
| Taxes, remuneration and social security45 | - | €0.002m | €0.001m | €0.002m | €0.01m | ▲ 549% |
| Taxes450/3 | - | €0.002m | €0.001m | €0.002m | €0.01m | ▲ 549% |
| Other amounts payable47/48 | - | €0.3m | €0.7m | €1.0m | €1.9m | ▲ 82.1% |
| Accrued charges and deferred income492/3 | - | €0.001m | - | - | €0.003m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,991 | -€3,608 | €13,975 | €12,445 | €9,674 | ▼ 22.3% |
| Operating cash flow (approximation) | -€20,991 | -€3,608 | €13,975 | €12,445 | €9,674 | ▼ 22.3% |
| Change in cash | - | €16,152 | -€12,197 | €3,510 | -€9,618 | ▼ 374% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
PAND
BE 0627.931.775
Putte · Eq €40,720
NOVA CASA
BE 0533.751.705
De Panne · Eq €40,721
MATHIMO
BE 0723.964.052
Zemst · Eq €40,726
ETUCO
BE 0841.912.983
Le Roeulx · Eq €40,710
IGENIA by Steenhoudt
BE 0753.716.823
Zottegem · Eq €40,732
Of 9,695 companies in this sector we hold annual accounts for 7,393. 4,844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 27-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13,975
Net result €13,975 after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet -€20,991
Net result drops to -€20,991, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 29-09-2015Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded29-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0638941176
Also
9925:BE0638941176
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2015
Ground area
1,325 m²
Building footprint
463 m²
Volume, LiDAR
2,336 m³
Parcel 11642D0246/00P002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
DU MIDI
since 2015unit no. 2.249.300.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642D0246/00P002 | Flanders | 1,325 m² | 1 · 463 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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