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MIDAS CONSULTING

Active
Private limited companyfounded 199729 yrs activeHorkerstraat (Kin) 1, 3640 Kinrooi, BelgiumKBO/BCE: BE 0460.808.396

MIDAS CONSULTING has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318k and a net result of €122k. Equity is growing by ~49.8% per year across the filed fiscal years. Its solvency ranks better than 91% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 13.4 against 7.63 in 2024), and 7.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.6%
Return on assets
35.5%
Age of the figures
8 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
48 d early
2023
54 d early
2022
39 d early
2021
3 d early
2020
5 d early
2019
6 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€318k▲ 62.0%
2024 · €196k
2018: €-56k 2019: €-32k 2020: €22k 2021: €75k 2022: €106k 2023: €150k 2024: €196k
2018 → 2025
Total assets
€344k▲ 54.1%
2024 · €223k
2018: €222k 2019: €207k 2020: €256k 2021: €260k 2022: €176k 2023: €193k 2024: €223k
2018 → 2025
Net result
€122k▲ 112%
2024 · €58k
2018: €119k 2019: €24k 2020: €53k 2021: €53k 2022: €32k 2023: €53k 2024: €58k
2018 → 2025
Working capital
€315k▲ 78.2%
2024 · €177k
2018: €-57k 2019: €-33k 2020: €-40k 2021: €23k 2022: €59k 2023: €113k 2024: €177k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€75k-€106k▲ 42.1%€150k▲ 40.5%€196k▲ 31.4%€318k▲ 62.0%
Operating result€81k-€48k▼ 40.6%€80k▲ 66.4%€83k▲ 3.4%€178k▲ 114%
Net result€53k-€32k▼ 40.5%€53k▲ 68.8%€58k▲ 8.1%€122k▲ 112%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €81k€81kNet result 2021: €53k€53kOperating result 2022: €48k€48kNet result 2022: €32k€32kOperating result 2023: €80k€80kNet result 2023: €53k€53kOperating result 2024: €83k€83kNet result 2024: €58k€58kOperating result 2025: €178k€178kNet result 2025: €122k€122k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 114% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344k
Fixed assets €4k▼ 80.8%
Current assets €340k▲ 67.3%
Equity and liabilities €344k
Equity €318k▲ 62.0%
Debt €25k▼ 4.7%
The debt ratio falls from 11.9% to 7.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€180k
2024 · €115k
Cash flow
€124k
2024 · €89k
Solvency
92.6%
2024 · 88.1%
Current ratio
13.40
2024 · 7.63
Quick ratio
13.40
2024 · 7.63
Debt / equity
0.08
2024 · 0.14
ROE
38.3%
2024 · 29.3%
ROA
35.5%
2024 · 25.8%
Interest coverage
117.31
2024 · 224.44
Debt
€25k
2024 · €27k
Debt ≤ 1 year
€25k
2024 · €27k
Income taxes
€59k
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€223k€344k
Fixed assets21/28€20k€4k
Tangible fixed assets22/27€20k€4k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€17k€2k
Current assets29/58€203k€340k
Amounts receivable within one year40/41€29k€112k
Trade receivables40€14k€46k
Other amounts receivable41€15k€66k
Current investments50/53€0-
Cash at bank and in hand54/58€172k€228k
Deferred charges and accrued income490/1€2k€42
Equity and liabilities
Total equity and liabilities10/49€223k€344k
Equity10/15€196k€318k
Contributions10/11€1k€1k=
Reserves13€195k€317k
Distributable reserves133€195k€317k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€27k€25k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€27k€25k
Current portion of amounts payable after more than one year42€12k€0
Trade debts44€2k€1k
Suppliers440/4€2k€1k
Taxes, remuneration and social security45€12k€24k
Taxes450/3€12k€24k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€2k
Other operating charges640/8€834€462
Gross operating margin9900€115k€180k
Operating profit (loss)9901€83k€178k
Financial income75/76B€3k€5k
Recurring financial income75€3k€5k
Financial charges65/66B€510€2k
Recurring financial charges65€510€2k
Profit (loss) for the period before taxes9903€86k€181k
Income taxes67/77€28k€59k
Profit (loss) for the period9904€58k€122k
Profit (loss) for the period to be appropriated9905€58k€122k
Appropriation of the result
Profit (loss) to be appropriated9906€58k€122k
Transfer from equity791/2€2k€0
Transfer to equity691/2€58k€122k
To other reserves6921€58k€122k
Profit to be distributed694/7€2k€0
Return on contributions (dividend)694€2k€0

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €122k ▲112%
Operating result €178k, net result €122k, both a record.
31-12
Financial Equity above €200kEq €318k ▲62%
8 profitable years in a row build equity to €318k.
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €196k ▲31.4%
7 profitable years in a row build equity to €196k.
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 2.59
Current ratio from 1.17 to 2.59; short-term debt falls from €133k to €37k.
31-12
Financial Equity above €100kEq €106k ▲42.1%
5 profitable years in a row build equity to €106k.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
31-12
Financial Weakest financial yearnet €24k ▼79.7%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 1998
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Horkerstraat (Kin) 13640 Kinrooi
Ground area
895 m²
Building footprint
151 m²
Volume, LiDAR
635 m³
Parcel 72018A0144/00A000, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Horkerstraat (Kin) 1 a, 3640 Kinrooi
NACE 7133001
since 19982.084.978.079
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72018A0144/00A000 Flanders 895 m² 1 · 151 m² 5.7 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 37,658 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-06-1997
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.