MIDA IMMO
ActiveSummary
MIDA IMMO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €575,455 and a net result of €453,470. Equity is growing by ~9.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+21
Solvency99▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 15.74 against 2.97 in 2023; short-term debt: 6.4% and cash: 99.6% of total assets), and 25.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.4%
Return on assets
58.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
34 d early
2022
45 d early
2021
38 d early
2020
24 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€575,455▲ 366%
2023 · €123,585
Total assets
€773,395▲ 351%
2023 · €171,495
Net result
€453,470▲ 3,149%
2023 · €13,959
Working capital
€724,273▲ 710%
2023 · €89,408
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,152▼ 64.8%€14,116▲ 73.2%€17,574▲ 24.5%€22,489▲ 28.0%€607,445▲ 2,601%
Net result€4,818▼ 65.8%€8,605▲ 78.6%€10,622▲ 23.4%€13,959▲ 31.4%€453,470▲ 3,149%
Equity€95,199▲ 3.5%€102,204▲ 7.4%€111,226▲ 8.8%€123,585▲ 11.1%€575,455▲ 366%
Total assets€142,378▲ 2.4%€153,093▲ 7.5%€153,203▲ 0.1%€171,495▲ 11.9%€773,395▲ 351%
Debt€47,179▲ 0.3%€50,889▲ 7.9%€41,977▼ 17.5%€47,910▲ 14.1%€49,122▲ 2.5%
Working capital€57,104▼ 5.4%€66,808▲ 17.0%€76,510▲ 14.5%€89,408▲ 16.9%€724,273▲ 710%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 2,601% 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 €773,395
Equity
€575,455 ▲ 366%
Provisions
€148,818
Debt
€49,122 ▲ 2.5%
Debt's share of the balance-sheet total falls from 27.9% to 6.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
15.74▲
2023 · 2.97
Debt to equity
0.09▼
2023 · 0.39
ROE
78.8%▲
2023 · 11.3%
ROA
58.6%▲
2023 · 8.1%
Debt ≤ 1 year
€49,122▲
2023 · €45,339
Income taxes
€3,058▼
2023 · €6,506
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 20,129 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €595,272 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €291 | €449 | €449 | €449 | - | - |
| Other operating charges640/8 | - | €2,019 | €2,057 | €2,253 | €2,340 | ▲ 3.9% |
| Gross operating margin9900 | €10,449 | €16,584 | €20,080 | €25,191 | €609,785 | ▲ 2,321% |
| Operating profit (loss)9901 | €8,152 | €14,116 | €17,574 | €22,489 | €607,445 | ▲ 2,601% |
| Financial charges65/66B | - | €1,723 | €2,026 | €2,024 | €2,099 | ▲ 3.7% |
| Recurring financial charges65 | €1,702 | €1,723 | €2,026 | €2,024 | €2,099 | ▲ 3.7% |
| Profit (loss) for the period before taxes9903 | €6,450 | €12,393 | €15,548 | €20,465 | €605,346 | ▲ 2,858% |
| Transfer to deferred taxes680 | - | - | - | - | €148,818 | - |
| Income taxes67/77 | €1,632 | €3,788 | €4,926 | €6,506 | €3,058 | ▼ 53.0% |
| Profit (loss) for the period9904 | €4,818 | €8,605 | €10,622 | €13,959 | €453,470 | ▲ 3,149% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €446,454 | - |
| Profit (loss) for the period to be appropriated9905 | €4,818 | €8,605 | €10,622 | €13,959 | €7,016 | ▼ 49.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,378 | €153,093 | €153,203 | €171,495 | €773,395 | ▲ 351% |
| Fixed assets21/28 | €38,095 | €37,646 | €37,197 | €36,748 | - | - |
| Tangible fixed assets22/27 | €38,095 | €37,646 | €37,197 | €36,748 | - | - |
| Land and buildings22 | - | €37,646 | €37,197 | €36,748 | - | - |
| Current assets29/58 | €104,283 | €115,447 | €116,006 | €134,747 | €773,395 | ▲ 474% |
| Amounts receivable within one year40/41 | €1,368 | €1,214 | €74 | - | €1,941 | - |
| Trade receivables40 | - | €2 | - | - | - | - |
| Other amounts receivable41 | - | €1,212 | €74 | - | €1,941 | - |
| Cash at bank and in hand54/58 | €102,915 | €112,783 | €115,932 | €134,747 | €770,599 | ▲ 472% |
| Deferred charges and accrued income490/1 | - | €1,450 | - | - | €855 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,378 | €153,093 | €153,203 | €171,495 | €773,395 | ▲ 351% |
| Equity10/15 | €95,199 | €102,204 | €111,226 | €123,585 | €575,455 | ▲ 366% |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €69,928 | €76,928 | €84,296 | €98,196 | €550,050 | ▲ 460% |
| Non-distributable reserves130/1 | - | €2,500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,500 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €446,454 | - |
| Distributable reserves133 | - | €74,428 | €84,296 | €98,196 | €103,596 | ▲ 5.5% |
| Profit (loss) carried forward14 | €271 | €276 | €1,930 | €389 | €405 | ▲ 4.1% |
| Provisions and deferred taxes16 | - | - | - | - | €148,818 | - |
| Deferred taxes168 | - | - | - | - | €148,818 | - |
| Amounts payable17/49 | €47,179 | €50,889 | €41,977 | €47,910 | €49,122 | ▲ 2.5% |
| Amounts payable within one year42/48 | €47,179 | €48,639 | €39,496 | €45,339 | €49,122 | ▲ 8.3% |
| Taxes, remuneration and social security45 | - | €510 | €600 | €2,106 | €621 | ▼ 70.5% |
| Taxes450/3 | - | €510 | €600 | €2,106 | €621 | ▼ 70.5% |
| Other amounts payable47/48 | - | €48,129 | €38,896 | €43,233 | €48,501 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | €2,250 | €2,481 | €2,571 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,818 | €8,605 | €10,622 | €13,959 | €453,470 | ▲ 3,149% |
| + Depreciation and write-downs630 | €291 | €449 | €449 | €449 | - | - |
| Operating cash flow (approximation) | €5,109 | €9,054 | €11,071 | €14,408 | €453,470 | ▲ 3,047% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €9,868 | €3,149 | €18,815 | €635,852 | ▲ 3,279% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-09
State Gazette act
Resignation: Paulus Michielsen (director)Appointments: Kristin Michielsen, CLAESSEN Hélène Stefanie Ghislaine and PARDON Gert · Director discharge · Registered-office move9 facts ▸
State Gazette act
Resignation: Paulus Michielsen (director)
Appointments: Kristin Michielsen, CLAESSEN Hélène Stefanie Ghislaine and PARDON Gert · Director discharge · Registered-office move9 facts ▸
- General meeting, 19-08-2026
- Director resignation, Paulus Michielsen (director)
- Director discharge, Paulus Michielsen (director)
- Director appointment, Kristin Michielsen (director)
- Registered-office move, Molenbergen 28, 2360 Oud-Turnhout
- Statutes amendment
- Director appointment, CLAESSEN Hélène Stefanie Ghislaine (director)
- Director appointment, PARDON Gert (director)
- Other statement, voting rule for all decisions, gewone meerderheid van stemmen
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €453,470 ▲3,149%
Operating result €607,445, net result €453,470, both a record.
31-12
Financial
Liquidity times 5current ratio 15.74
Current ratio from 2.97 to 15.74.
31-12
Financial
Equity above €500,000Eq €575,455 ▲366%
7 profitable years in a row build equity to €575,455.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €102,204 ▲7.4%
4 profitable years in a row build equity to €102,204.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €4,818 ▼65.8%
Net result drops to €4,818, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26120621). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Kristin Michielsen
CurrentDirector · since 19-08-2026
CLAESSEN Hélène Stefanie Ghislaine
CurrentDirector · since 28-09-2026
PARDON Gert
CurrentDirector · since 28-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oud-Turnhout · 1 establishment unit since 1994
Ground area
1,119 m²
Building footprint
152 m²
Volume, LiDAR
803 m³
Parcel 13482F0298/00M000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Molenbergen 28, 2360 Oud-Turnhout
since 19942.022.582.434
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13482F0298/00M000 | Flanders | 1,119 m² | 1 · 152 m² | 10.3 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.
Mandate history
4 people since 2026, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Kristin Michielsen |
|
| CLAESSEN Hélène Stefanie Ghislaine |
|
| PARDON Gert |
|
| Paulus Michielsen |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
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Shareholding
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Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424175258
Also
9925:BE0424175258
Registered
15-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.