Skip to content

M I D A

Active
Private limited companyfounded 2003active for 22 yearsMarcel Broodthaersplein 8, 1060 Sint-Gillis (bij-Brussel), Belgium109 active companies are registered at this addressKBO/BCE: BE 0862.371.768
Summary

M I D A has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,323 and a net result of €8,316. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 35% of 9,597 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Non-specialised wholesale trade
NACE 46900
1 site
Size
€507,875total assets 2025
Equity
€147,323
Profit
€8,316
Turnover not published (abbreviated or micro format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts filed 60 days late0 of 2 deeds read
Why 80raises riskLatest accounts 60 days late; 1 of the last 3 lateLiquidity: current ratio 1.39, cash €8,381lowers riskFounded in 2003Size: total assets €507,875Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 54-7
equity 29.0% of total assets
Liquidity 14-3
short-term debt 71.0% · cash 1.7%
Profitability 42+2
return on assets 1.6%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,875 companies, NACE 46, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.7%▼ -0.1 percentage points vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.4%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.9 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.5%▼ -0.7 percentage points vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.39, compared with 1.54 in 2024, below the usual 1.5; short-term debt: 71% and cash: 1.7% of total assets), and 71% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 39% on solvency, 14% on liquidity, 33% on profitability and 57% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 60 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €507,875
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.39, cash €8,381
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
28 days late
2023
28 days late
2022
91 days late
2021
64 days late
2020
22 days early
2019
136 days late
← 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 55 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €8,316 ▲114%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €8,316 8 years View
  • Total assets 20256 financial years filed €507,875 View
  • Active since 2003founded 23-12-2003 22 years View

By topic

Financials

Financial year
2025
Total assets
€507,875
Profit
€8,316
Solvency
29.0%
Total assets▲ 31.8%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2005
Next accounts
by 31-07-2027
  1. 28-08-2024Annual accounts filed
  2. 30-10-2023Annual accounts filed
  3. 03-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Non-specialised wholesale tradeNACE 46900
Founded
23-12-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.