MIDAR -LAND
The computed 12-month bankruptcy probability of MIDAR -LAND is 1.9% (moderate). The 2024 annual accounts show equity of €51k and a net result of €7k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 6692 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €51k |
| Net result | €7k |
| Better than sector | 69% |
| Active | 15 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.6% | 20.4% | |
| Net result | €7k | €4k | |
| Equity | €51k | €16k | |
| Gross operating margin | €9k | €24k | |
| Total assets | €126k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €80k |
| EBITDA | - |
| Net profit | €7k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €70 |
| Dividends | - |
| Total assets | €126k |
| Equity | €51k |
| Debt | €75k |
| of which ≤ 1y | €75k |
| of which > 1y | - |
| Working capital | €51k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.68 |
| Quick ratio | 0.20 |
| Working capital ratio | 40.5% |
| Solvency | 40.6% |
| Debt / equity | 1.46 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 9.3% |
| Net margin | 9.2% |
| ROA | 5.8% |
| ROE | 14.4% |
| EBITDA margin | - |
| Days sales outstanding | 24d |
| Days payable outstanding | 73d |
| Inventory turnover | 0.66 |
| Days inventory (DSI) | 557d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €126k |
| Fixed assets | 21/28 | €200 |
| Financial fixed assets | 28 | €200 |
| Current assets | 29/58 | €126k |
| Stocks & contracts in progress | 3 | €110k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €126k |
| Equity | 10/15 | €51k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €31k |
| Amounts payable | 17/49 | €75k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Turnover | 70 | €80k |
| Gross operating margin | 9900 | €9k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €607 |
| Result before taxes | 9903 | €7k |
| Income taxes | 67/77 | €70 |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
| NACE primary | Retail trade(47519) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2010 |
| Status | Active |
| Postal code | 1060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0242/00N000 | Brussels | 120 m² | 1 · 130 m² | 20.6 m · 6 fl. |
| 21013B0242/00G000 | Brussels | 118 m² | 1 · 120 m² | 20.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-07-2024 1 director appointed, 1 resigning
- EL BOUNJATI Azzedine, Bestuurder
- EL BOUNJATI Abdelmajid, Bestuurder
Technical details
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"office_city": "Bruxelles",
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],
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"name_full": "MIDAR-LAND",
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"co_filed_documents": [],
"corrected_publication_numac": null
}07-06-2024 2 directors appointed
- EL BOUNJATI Abdelmajid, Bestuurder
- EL BOUNJATI Nacir, Bestuurder
Technical details
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"name": "EL BOUNJATI Abdelmajid",
"address": "1070 Anderlecht, Avenue du Luizenmolen 2/A 6",
"birth_date": "1976-10-01",
"profession": null,
"birth_place": "Douar Timadghart-Midar, Maroc"
},
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"subkind": "renewal",
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"name": "EL BOUNJATI Nacir",
"address": "1140 Evere, Av. de la Hallebarde 18",
"birth_date": "1970",
"profession": null,
"birth_place": "Midar, Maroc"
},
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"notary": {
"name": "Damien COLLON-WINDELINCKX",
"firm_city": null,
"firm_name": null,
"office_city": "Etterbeek",
"is_associated": false
},
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"person_name": "Louis Ivan MAILLARD",
"org_rep_person_name": null,
"person_role_at_subject": "collaborateur du notaire soussign\u00E9"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 07/06/2024 - Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}13-02-2023 All shares are now held by a single shareholder
Technical details
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"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
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"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
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"n_shares": 375,
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],
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MIDAR -LAND |