Midchoc
ActiveThe computed 12-month bankruptcy probability of Midchoc is 3.1% (moderate). The 2024 annual accounts show equity of €30k and a net result of €27k. Its solvency ranks better than 34% of 26052 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability85
Solvency39
Growth-
Track record67
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.41; short-term debt: 85.3% and cash: 9.6% of total assets), and 85.5% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.5%
Return on assets
12.9%
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 30-07-2025, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€30k
Total assets
€209k
Net result
€27k
Working capital
€-105k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €209k
Fixed assets
€135k
Current assets
€74k
Equity and liabilities €209k
Equity
€30k
Debt
€179k
Debt finances 85.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€41k
Cash flow
€33k
Solvency
14.5%
Current ratio
0.41
Quick ratio
0.33
Debt / equity
5.90
ROE
89.0%
ROA
12.9%
Interest coverage
13.31
Debt
€179k
Debt ≤ 1 year
€179k
Income taxes
€5k
Staff costs
€33k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€209k
Fixed assets21/28€135k
Tangible fixed assets22/27€135k
Plant, machinery and equipment23€4k
Other tangible fixed assets26€131k
Current assets29/58€74k
Stocks and contracts in progress3€14k
Stocks30/36€14k
Amounts receivable within one year40/41€39k
Trade receivables40€35k
Other amounts receivable41€4k
Cash at bank and in hand54/58€20k
Equity and liabilities
Total equity and liabilities10/49€209k
Equity10/15€30k
Contributions10/11€5k
Reserves13€25k
Distributable reserves133€25k
Profit (loss) carried forward14€0
Amounts payable17/49€179k
Amounts payable within one year42/48€179k
Trade debts44€40k
Suppliers440/4€40k
Taxes, remuneration and social security45€17k
Taxes450/3€5k
Remuneration and social security454/9€12k
Other amounts payable47/48€122k
Accrued charges and deferred income492/3€336
Income statement
Code2024
Remuneration, social security and pensions62€33k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Other operating charges640/8€1k
Gross operating margin9900€75k
Operating profit (loss)9901€34k
Financial income75/76B€1k
Recurring financial income75€1k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€32k
Income taxes67/77€5k
Profit (loss) for the period9904€27k
Profit (loss) for the period to be appropriated9905€27k
Appropriation of the result
Profit (loss) to be appropriated9906€27k
Transfer to equity691/2€25k
To other reserves6921€25k
Profit to be distributed694/7€2k
Return on contributions (dividend)694€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Middelkerke · 2 establishment units since 2024
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.
Leopoldlaan 748430 MiddelkerkeGround area
620 m²
Building footprint
377 m²
Volume, LiDAR
4,470 m³
2 parcels, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Midchoc
since 20242.361.379.282
Midchoc
since 20242.366.698.941
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0081/00C000 | Flanders | 480 m² | 1 · 237 m² | 21.6 m · 4 fl. |
| 35011B0180/00M084 | Flanders | 140 m² | 1 · 140 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMiddelkerke2.361.379.282
Nieuwpoort2.366.698.941
Similar companies · same sector, comparable size
Isik
BE 0758.595.923
Heusden-Zolder · Eq €30k
ELCY
BE 0729.612.521
Overijse · Eq €31k
La Fabrique à Chocolat
BE 0655.945.276
Schaarbeek · Eq €30k
VERSTRAETE
BE 0461.082.273
Brugge · Eq €31k
CAPRICE SERVICES
BE 1015.807.556
Oostende · Eq €30k
Of 901 companies in sector 47242 we hold annual accounts for 340. 281 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2024
Fiscal year end31-12
Activities, NACEBEL
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.