Skip to content

MIDA ELEC

Active
Private limited companyfounded 2025active for 1 yearGroot-Bijgaardenstraat 136, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 1019.880.863
Summary

The computed 12-month bankruptcy probability of MIDA ELEC is 1.9% (moderate). The 2025 annual accounts show equity of €12,326 and a net result of €12,326. Its solvency ranks better than 44% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-02-2025 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.370.155.408 1082 Sint-Agatha-Berchem, since 11-02-2025
Financial year end
31 December
Peppol
Reachable since 30-01-2026

Board and ownership

Board
Shareholders
  • SINANI Igliact of 13-02-2025

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€21,439
Turnover
≈ €180,000
estimated
Profit
€12,326
Equity
€12,326
Total assets
€29,536
Score breakdownraises riskFounded in 2025Size: total assets €29,536Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 11-08-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 67
equity 41.7% of total assets
Liquidity 50
short-term debt 31.1% · cash 10.4%
Profitability 100
return on assets 41.7%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 03-2026: 2.0% 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.5%▲ +0.5 percentage points vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026highest value 08-2026: 1.8%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 1.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94, above the usual 1.5. Short-term debt is 31.1% and cash 10.4% of total assets. However, 58.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 45% of them on solvency, 42% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €29,536
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 11-08-2026)
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Caution: Less equity than 81% of companies in specialised constructionsector median €57,775 · 34,984 companies €12,326 View

Recent changes

  1. · Gazette deed IncorporationFounding capital of €2,000, 100 shares · Founder: SINANI Igli · Appointment: SINANI Igli (director)
All 2 events

Comparable companies

These companies have the same main activity as MIDA ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €24,500 and €34,200, founded in 2025.

CompanyTotal assetsGross margin
MIDA ELEC Sint-Agatha-Berchem€29,536€21,439
E&A GROUP Anderlecht€34,174€21,881
RR INSTAL SYSTEM Jette€24,471€22,225
R12 Energy Grez-Doiceau€29,108€21,522
Vindevoghel Tom Kluisbergen€28,444€22,067
Kartal Tech Gent€31,542€21,893
CRL GROUP Bertem€31,167€23,344
Full comparison

Key facts about MIDA ELEC

What is the company number of MIDA ELEC?
The company number of MIDA ELEC is 1019.880.863. The VAT number is the same number with BE in front: BE 1019.880.863.
Where is MIDA ELEC based?
The registered office is at Groot-Bijgaardenstraat 136, 1082 Sint-Agatha-Berchem.Company details
What does MIDA ELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of MIDA ELEC?
The legal form of MIDA ELEC is Private limited company (BV).
When was MIDA ELEC founded?
MIDA ELEC was founded on 11-02-2025.
Is MIDA ELEC still active?
Yes, MIDA ELEC is an active enterprise in the KBO register.
What is the turnover of MIDA ELEC?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €21,439 and 97 comparable companies (NACE 43211). It probably lies between €120,000 and €370,000. It is a rough estimate.Financials
Is MIDA ELEC profitable?
In financial year 2025, MIDA ELEC made a profit of €12,326.
Where can I find the annual accounts of MIDA ELEC?
MIDA ELEC filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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