MIDACO

Active

Private limited companyfounded 2023active for 3 yearsNijverheidslaan 57, 9250 Waasmunster, BelgiumKBO/BCE: BE 0799.821.814

Summary

MIDACO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,225 and a net result of €88,997. Equity is growing by about 60% per year across the filed financial years. Its solvency ranks better than 85% of 11,734 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

MIDACOActiveChecked score 89/100

Risk analysis Report Compare

Activity

Engineering and related technical consultancy, excluding land surveyors

NACE 71121

1 site

Size

€261,341turnover 2025

Equity: €247,225
Profit: €88,997

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

MIVIS Danny Willy BettyDirector

2025 accounts 6 days early

Why 89raises risk1 change of registered office in 24 monthsSize: turnover €261,341, total assets €291,783lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 6.55, cash €56,234Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 77% of its sector peers (NACE 71, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 84.7% of total assets

Liquidity 71+6

short-term debt 15.3% · cash 19.3%

Profitability 100=

return on assets 30.5%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,819 companies, NACE 71, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.5 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.5 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €22,000 on 30-day terms is acceptable

Liquidity ample (current ratio 6.55, compared with 8.08 in 2024, above the usual 1.5; short-term debt: 15.3% and cash: 19.3% of total assets), and 15.3% 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 71, micro): better than 87% on solvency, 59% on liquidity, 88% on profitability and 76% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)

KBO

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 6.55, cash €56,234

NBB · annual accounts

Size: turnover €261,341, total assets €291,783

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-07-2026, 6 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

6 days early

2024

4 days early

2023

10 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

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 25 July (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

25-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Equity above €200,000equity €247,225 ▲55.4%
27-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: Among the best 10% on net resultsector median €16,741 · 11,736 companies €88,997 View
Positive: Equity rose in 2025from €159,061 to €247,225 ▲ 55.4% View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Turnover: €261,341
Profit: €88,997
Solvency: 84.7%

Turnover▲ 12.4%

Net result

20232025

Go to Financials

Board & ownership

Board: 1 member

MIVIS Danny Willy BettyDirector

Go to Board & ownership

Timeline

Events: 8
Since: 2023
Next accounts: by 31-07-2027

30-04-2025Registered office
31-12-2024Highest result from 2023 to 2025
31-12-2024Equity above €150,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded: 22-03-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Annual meeting: Third Friday of June at 19:00
Purpose: “EPB-verslaggeving,veiligheidscoördinatie,ventilatie-verslaggeving,blowerdoortest,EPC-versl…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about MIDACO

What is the company number of MIDACO?: 0799.821.814. In Belgium the VAT number is the company number with BE in front: BE 0799.821.814.
Where is MIDACO based?: The registered office is at Nijverheidslaan 57, 9250 Waasmunster.Company details
What does MIDACO do?: According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of MIDACO?: Private limited company (BV).
When was MIDACO founded?: On 22-03-2023.
Is MIDACO still active?: Yes, MIDACO is an active enterprise in the KBO register.
What is the turnover of MIDACO?: €261,341 in financial year 2025, according to the filed annual accounts.Financials
Is MIDACO profitable?: In financial year 2025, MIDACO made a profit of €88,997.
Where can I find the annual accounts of MIDACO?: MIDACO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIDACO due?: By 31-07-2027, for financial year 2026.Timeline