Equity
MIDDER has made a profit without a break since 2022.
MIDDER has made a profit without a break since 2022.
The accounts state no turnover.
Short-term debts fell from €80,569 to €68,832.
Ten of the last ten came late. The 2016 accounts came latest: 61 days after the end of the period.
Less equity than 80% of companies in fabricated metal products. Sector median €440,856 · 1,245 companies.
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 25, micro). It does better than 64% of them on solvency, 80% on liquidity, 72% on profitability and 78% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 31,368 companies had the same profile as MIDDER has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MIDDER itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for MIDDER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.35 (1.84 in 2024), above the usual 1.5. Short-term debt is 41.2% and cash 84.3% of total assets. 41.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MIDDER Etterbeek | €167,227 | €33,470 | 58.8% | - |
| VILZ Bullange | €191,162 | €50,595 | 57.8% | - |
| MATHYGA INDUSTRIES Eupen | €63,785 | €46,783 | -332.2% | - |
| RUDINOX Zandhoven | €118,229 | €100,697 | -282.9% | - |
| V & V ENGINEERING Ypres | €370,249 | €93,489 | 31.8% | - |
| AUDAG TECHNO SYSTEM Overijse | €48,489 | €12,156 | 38.6% | - |
| ATELIERS DE CONSTRUCTION METALLIQUE INDUSTRIELLE Charleroi | €32,205 | €31,494 | 7.0% | - |
These companies have the same main activity as MIDDER: manufacture of fabricated metal products, except machinery and equipment (NACE 25402). They are comparable in size and age: total assets between €32,200 and €370,000, founded between 1995 and 2004.
MIDDER files the abbreviated format. That format states no turnover. The gross margin rose from €12,637 in 2006 to €33,470 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €64,000 and €230,000.
Higher than 65% of 1,245 companies in 2025.
Higher than 64% of 1,226 companies in 2025.
Higher than 77% of 1,244 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
167,227 | 157,594 | 129,528 | 109,750 | 98,076 | 95,543 | 89,402 | 54,287 | 62,133 | 71,495 | 80,410 | 108,834 | 115,048 | 104,699 | 82,010 | 76,330 | 87,105 | 71,257 | 90,482 | 53,887 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 80 | 160 | 240 | 320 | 400 | |
21/28 |
5,658 | 9,354 | 8,687 | 10,430 | 11,966 | 21,083 | 24,343 | 7,587 | 15,030 | 21,647 | 17,729 | 44,505 | 67,566 | 56,896 | 22,411 | 31,538 | 37,226 | 41,211 | 14,435 | 3,607 | |
22/27 |
5,596 | 9,292 | 8,625 | 10,368 | 11,904 | 21,021 | 24,281 | 7,525 | 14,968 | 21,585 | 17,667 | 44,443 | 67,504 | 56,834 | 22,349 | 31,396 | 37,004 | 40,909 | 14,053 | 3,207 | |
23 |
4,147 | 7,205 | 4,730 | 8,028 | 8,394 | 11,019 | 1,997 | 2,909 | 5,936 | 7,824 | 4,216 | 9,022 | 13,163 | 11,865 | 17,022 | 21,498 | 29,424 | 37,442 | 12,053 | 3,207 | |
24 |
1,449 | 2,087 | 3,895 | 2,340 | 3,510 | 10,002 | 22,284 | 4,616 | 9,032 | 13,762 | 13,451 | 35,421 | 54,341 | 44,969 | 5,327 | 9,898 | 7,579 | 3,467 | 2,000 | - | |
28 |
62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | 62 | - | |
29/58 |
161,569 | 148,240 | 120,841 | 99,320 | 86,110 | 74,460 | 65,058 | 46,700 | 47,103 | 49,848 | 62,681 | 64,329 | 47,482 | 47,803 | 59,599 | 44,792 | 49,880 | 30,046 | 76,047 | 50,280 | |
3 |
6,213 | 9,414 | 10,824 | 16,610 | 12,228 | 13,044 | 8,552 | 13,193 | 19,360 | 13,598 | 20,105 | 21,260 | 11,470 | 11,783 | 13,808 | 22,679 | 22,945 | 20,888 | 22,902 | 7,786 | |
30/36 |
6,069 | 9,276 | 9,135 | 11,496 | 9,271 | 9,288 | 4,937 | 6,634 | 7,718 | 9,813 | 10,275 | 10,365 | 10,470 | 11,233 | 13,423 | 22,679 | 22,945 | 17,388 | 13,430 | 4,626 | |
37 |
144 | 137 | 1,689 | 5,114 | 2,957 | 3,756 | 3,615 | 6,559 | 11,642 | 3,785 | 9,830 | 10,895 | 1,000 | 550 | 385 | - | - | 3,500 | 9,472 | 3,160 | |
40/41 |
14,023 | 23,551 | 19,178 | 18,502 | 15,508 | 18,428 | 24,102 | 24,644 | 17,214 | 20,816 | 29,935 | 27,738 | 25,691 | 30,275 | 24,505 | 18,002 | 26,193 | 8,749 | 52,730 | 42,312 | |
40 |
14,023 | 23,551 | 19,178 | 18,261 | 15,508 | 18,428 | 14,060 | 24,628 | 17,214 | 20,816 | 29,935 | 27,738 | 25,537 | 29,936 | 24,057 | 17,317 | 25,770 | 8,328 | 40,494 | 33,680 | |
41 |
- | - | - | 241 | - | - | 10,042 | 16 | - | - | - | - | 154 | 339 | 448 | 685 | 423 | 421 | 12,236 | 8,632 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,328 | - | - | - | - | |
54/58 |
141,019 | 114,968 | 90,543 | 63,140 | 57,339 | 42,098 | 29,997 | 6,943 | 7,928 | 13,255 | 10,460 | 13,868 | 8,891 | 4,560 | 20,676 | - | 470 | 100 | 113 | 133 | |
490/1 |
315 | 308 | 297 | 1,069 | 1,034 | 890 | 2,407 | 1,920 | 2,601 | 2,179 | 2,181 | 1,463 | 1,430 | 1,185 | 610 | 782 | 272 | 309 | 302 | 49 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
167,227 | 157,594 | 129,528 | 109,750 | 98,076 | 95,543 | 89,402 | 54,287 | 62,133 | 71,495 | 80,410 | 108,834 | 115,048 | 104,699 | 82,010 | 76,330 | 87,105 | 71,257 | 90,482 | 53,887 | |
10/15 |
98,395 | 76,671 | 63,591 | 48,418 | 48,105 | 50,153 | 48,365 | 37,020 | 33,517 | 32,190 | 30,369 | 29,506 | 31,529 | 30,281 | 25,557 | 22,253 | 21,949 | 23,608 | 26,795 | 26,654 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
10 |
- | - | - | 20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | 0 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
11 |
- | - | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 841 | 528 | |
130/1 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 841 | 528 | |
1311 |
2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
76,395 | 54,671 | 41,591 | 26,418 | 26,105 | 28,153 | 26,365 | 15,020 | 11,517 | 10,190 | 8,369 | 7,506 | 9,529 | 8,281 | 3,557 | 253 | -51 | 1,608 | 5,954 | 6,126 | |
17/49 |
68,832 | 80,923 | 65,937 | 61,333 | 49,971 | 45,390 | 41,036 | 17,266 | 28,616 | 39,306 | 50,041 | 79,328 | 83,519 | 74,418 | 56,453 | 54,077 | 65,156 | 47,649 | 63,687 | 27,233 | |
17 |
- | - | - | - | 3,842 | 7,622 | 11,341 | - | - | 3,261 | 11,050 | 20,317 | 29,245 | 18,755 | - | - | - | - | - | - | |
170/4 |
- | - | - | - | 3,842 | 7,622 | 11,341 | - | - | 3,261 | 11,050 | 20,317 | 29,245 | 18,755 | - | - | - | - | - | - | |
42/48 |
68,832 | 80,569 | 65,937 | 61,333 | 46,130 | 37,769 | 29,696 | 17,266 | 28,616 | 36,045 | 38,991 | 59,011 | 54,274 | 54,410 | 56,422 | 54,077 | 64,982 | 47,216 | 63,080 | 26,350 | |
42 |
- | - | - | 3,842 | 3,780 | 3,719 | 3,659 | - | 3,261 | 7,790 | 9,266 | 8,928 | 8,602 | 4,711 | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,367 | 7,209 | 8,868 | 3,409 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,367 | 7,209 | 8,868 | 3,409 | |
44 |
1,286 | 17,397 | 10,278 | 20,394 | 11,740 | 11,926 | 3,148 | 5,114 | 10,532 | 840 | 3,522 | 16,182 | 17,127 | 29,326 | 27,088 | 29,468 | 14,658 | 21,310 | 42,045 | 14,384 | |
440/4 |
1,286 | 17,397 | 10,278 | 20,394 | 11,740 | 11,926 | 3,148 | 5,114 | 10,532 | 840 | 3,522 | 16,182 | 17,127 | 29,326 | 27,088 | 29,468 | 14,658 | 21,310 | 42,045 | 14,384 | |
45 |
16,118 | 30,761 | 13,822 | 8,799 | 13,738 | 13,096 | 17,295 | 8,066 | 6,528 | 9,074 | 7,285 | 2,316 | 7,024 | 7,361 | 12,485 | 4,760 | 16,812 | 13,512 | 12,167 | 8,557 | |
450/3 |
13,341 | 9,158 | 11,045 | 6,023 | 8,957 | 9,333 | 701 | 5,056 | 3,732 | 6,297 | 4,500 | 2,316 | 4,657 | 6,361 | 10,134 | 4,760 | 16,812 | 13,512 | 12,167 | 8,557 | |
454/9 |
2,777 | 21,604 | 2,777 | 2,777 | 4,781 | 3,763 | 16,594 | 3,010 | 2,796 | 2,777 | 2,785 | - | 2,367 | 1,000 | 2,351 | - | - | - | - | - | |
47/48 |
51,428 | 32,411 | 41,838 | 28,298 | 16,871 | 9,028 | 5,593 | 4,086 | 8,295 | 18,341 | 18,918 | 31,585 | 21,521 | 13,012 | 16,849 | 19,849 | 23,145 | 5,185 | - | - | |
492/3 |
- | 354 | - | - | - | - | - | - | - | - | - | - | - | 1,253 | 31 | - | 175 | 433 | 607 | 883 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 116,634 | - | - | |
9900 |
33,470 | 25,646 | 26,791 | 7,331 | 15,341 | 24,898 | 30,366 | 12,967 | 11,704 | 23,882 | 29,628 | 33,818 | 35,453 | 27,061 | 19,400 | 16,673 | 15,616 | 11,777 | 20,259 | 12,637 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 117,615 | - | - | |
630 |
3,696 | 6,067 | 4,934 | 4,230 | 13,797 | 14,576 | 13,243 | 5,733 | 6,617 | 18,046 | 26,776 | 33,006 | 31,936 | 18,140 | 11,493 | 11,938 | 11,687 | 9,838 | 3,984 | 1,930 | |
640/8 |
1,417 | 1,382 | 1,639 | 1,255 | 1,373 | 4,641 | 888 | 1,695 | 2,026 | 2,260 | 928 | 1,446 | 976 | 963 | 1,599 | 1,655 | 3,209 | 2,782 | 12,213 | 5,760 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 130 | - | - | - | - | |
9901 |
28,357 | 18,197 | 20,218 | 1,845 | 172 | 5,681 | 16,235 | 5,538 | 3,060 | 3,575 | 1,924 | -634 | 2,541 | 7,958 | 6,308 | 3,081 | 720 | -843 | 4,062 | 4,947 | |
75/76B |
10 | 0 | - | 0 | 6 | 198 | - | - | 0 | 15 | - | - | - | - | 2 | 10 | 1 | 110 | 1,304 | 1,298 | |
75 |
10 | 0 | - | 0 | 6 | 198 | - | - | 0 | 15 | - | - | - | - | 2 | 10 | 1 | 110 | 1,304 | 1,298 | |
65/66B |
313 | 309 | 333 | 339 | 458 | 383 | 208 | 366 | 503 | 733 | 1,061 | 1,389 | 1,230 | 883 | 845 | 2,657 | 2,253 | 2,416 | 1,683 | 1,936 | |
65 |
313 | 309 | 333 | 339 | 458 | 383 | 208 | 366 | 503 | 733 | 1,061 | 1,389 | 1,230 | 883 | 845 | 2,657 | 2,253 | 2,416 | 1,683 | 1,936 | |
9903 |
28,054 | 17,888 | 19,885 | 1,506 | -280 | 5,496 | 16,027 | 5,172 | 2,557 | 2,857 | 863 | -2,023 | 1,311 | 7,075 | 5,465 | 304 | -1,532 | -3,149 | 3,683 | 4,309 | |
67/77 |
6,329 | 4,809 | 4,712 | 1,193 | 1,768 | 3,709 | 4,681 | 1,669 | 1,230 | 1,036 | - | - | 63 | 2,351 | 2,161 | - | 127 | 38 | 3,542 | 2,962 | |
9904 |
21,725 | 13,080 | 15,173 | 313 | -2,048 | 1,787 | 11,345 | 3,503 | 1,327 | 1,821 | 863 | -2,023 | 1,248 | 4,724 | 3,304 | 304 | -1,659 | -3,187 | 141 | 1,347 | |
9905 |
21,725 | 13,080 | 15,173 | 313 | -2,048 | 1,787 | 11,345 | 3,503 | 1,327 | 1,821 | 863 | -2,023 | 1,248 | 4,724 | 3,304 | 304 | -1,659 | -3,187 | 141 | 1,347 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
76,395 | 54,671 | 41,591 | 26,418 | 26,105 | 28,153 | 26,365 | 15,020 | 11,517 | 10,190 | 8,369 | 7,506 | 9,529 | 8,281 | 3,557 | 253 | -51 | 2,767 | 6,267 | 6,194 | |
14P |
54,671 | 41,591 | 26,418 | 26,105 | 28,153 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,159 | 313 | 68 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,159 | 313 | 68 | |
| Document | |||||||||||||||||||||
The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498009.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00498009 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00454391 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00411372 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00421523 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20367716 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62400198 | |
| 31-12-2019 | micro format | 06-08-2020 | 2020-39500378 | |
| 31-12-2018 | micro format | 20-08-2019 | 2019-48200020 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61600127 | |
| 31-12-2016 | micro format | 30-09-2017 | 2017-66500005 | |
| 31-12-2015 | full format | 05-07-2016 | 2016-29400194 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-58000006 | |
| 31-12-2013 | full format | 07-08-2014 | 2014-41400293 | |
| 31-12-2012 | full format | 27-08-2013 | 2013-56100490 | |
| 31-12-2011 | full format | 30-08-2012 | 2012-54700087 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-53200352 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-53600342 | |
| 31-12-2008 | full format | 25-08-2009 | 2009-64000249 | |
| 31-12-2007 | full format | 24-07-2008 | 2008-46200372 | |
| 31-12-2006 | full format | 23-07-2007 | 2007-44200136 | |
| 31-12-2005 | full format | 28-07-2006 | 2006-56102723 | |
| 31-12-2004 | full format | 18-08-2005 | 2005-64602702 | |
| 31-12-2003 | full format | 23-12-2004 | 2004-87401446 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32,052 | 24,264 | 25,152 | 6,075 | 13,969 | 20,257 | 29,478 | 11,272 | 9,677 | 21,621 | 28,700 | 32,372 | 34,477 | 26,098 | 17,801 | 15,019 | 12,407 | 8,995 | 8,046 | 6,877 | ||
| 25,420 | 19,147 | 20,106 | 4,544 | 11,749 | 16,363 | 24,589 | 9,236 | 7,945 | 19,867 | 27,639 | 30,983 | 33,184 | 22,864 | 14,797 | 12,241 | 10,028 | 6,651 | 4,125 | 3,277 | ||
| 0 | 6,734 | 3,252 | 2,695 | 4,680 | 11,315 | 30,000 | -1,710 | 0 | 21,964 | 0 | 9,945 | 42,607 | 52,625 | 2,365 | 6,330 | 7,702 | 36,613 | 14,812 | - | ||
| 26,051 | 24,425 | 27,403 | 5,800 | 15,242 | 12,101 | 23,054 | -985 | -5,327 | 2,795 | -3,408 | 4,977 | 4,331 | -16,116 | - | - | 370 | -13 | -20 | - | ||
| 92,737 | 67,671 | 54,904 | 37,988 | 39,981 | 36,692 | 35,363 | 29,433 | 18,487 | 13,803 | 23,690 | 5,318 | -6,792 | -6,607 | 3,177 | -9,285 | -15,102 | -17,170 | 12,967 | 23,930 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.7% | - | - | ||
| 58.8% | 48.7% | 49.1% | 44.1% | 49.0% | 52.5% | 54.1% | 68.2% | 53.9% | 45.0% | 37.8% | 27.1% | 27.4% | 28.9% | 31.2% | 29.2% | 25.2% | 33.1% | 29.6% | 49.5% | ||
| 2.35 | 1.84 | 1.83 | 1.62 | 1.87 | 1.97 | 2.19 | 2.70 | 1.65 | 1.38 | 1.61 | 1.09 | 0.87 | 0.88 | 1.06 | 0.83 | 0.77 | 0.64 | 1.21 | 1.91 | ||
| 2.26 | 1.72 | 1.67 | 1.35 | 1.60 | 1.63 | 1.90 | 1.94 | 0.97 | 1.01 | 1.09 | 0.73 | 0.66 | 0.66 | 0.81 | 0.41 | 0.41 | 0.19 | 0.84 | 1.61 | ||
| 0.70 | 1.06 | 1.04 | 1.27 | 1.04 | 0.91 | 0.85 | 0.47 | 0.85 | 1.22 | 1.65 | 2.69 | 2.65 | 2.46 | 2.21 | 2.43 | 2.97 | 2.02 | 2.38 | 1.02 | ||
| 22.1% | 17.1% | 23.9% | 0.6% | -4.3% | 3.6% | 23.5% | 9.5% | 4.0% | 5.7% | 2.8% | -6.9% | 4.0% | 15.6% | 12.9% | 1.4% | -7.6% | -13.5% | 0.5% | 5.1% | ||
| 13.0% | 8.3% | 11.7% | 0.3% | -2.1% | 1.9% | 12.7% | 6.5% | 2.1% | 2.5% | 1.1% | -1.9% | 1.1% | 4.5% | 4.0% | 0.4% | -1.9% | -4.5% | 0.2% | 2.5% | ||
| over 100 | 78.64 | 75.48 | 17.92 | 30.49 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26 days | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 66 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €6,734 | €3,190 | €2,695 | €4,680 |
| Financial fixed assets | - | - | €62 | - | - |
| €3,696 | €6,067 | €4,934 | €4,230 | €13,797 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 56% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 51.3% to 41.2%. Equity is higher and debt is lower.
MIDDER has no parent and no holdings in its annual accounts. WILLEM GREGORY is the only director. MIDDER shares no director with another company.
| BELGAGEL
registered office since 15-04-2010 · founded in 2010 |
11 FTE (2025) 0825.103.972 |
| irex
establishment since 01-06-2012 · founded in 2012 |
30 FTE (2025) 0846.339.054 |
| Firme Ch. Jamar et fils
establishment since 01-10-2017 · founded in 1968 |
19 FTE (2024) 0401.400.945 |
| 6G Smart Networks and Services Industry Association
registered office since 27-11-2013 · founded in 2013 |
total assets €3.7m (2025) 0543.675.793 |
| American Chamber of Commerce in Belgium
registered office since 14-02-1948 · founded in 1948 |
7 FTE (2025) 0408.134.626 |
| GIEFFE
registered office since 19-04-2007 · founded in 2007 |
total assets €2.0m (2025) 0888.881.274 |
| AHC
registered office since 03-06-2015 · founded in 2015 |
total assets €1.7m (2025) 0629.921.364 |
| GENERATION HIGH TECH
registered office since 08-01-2001 · founded in 2001 · accounts filed late |
total assets €1.3m (2024) 0473.766.509 |
| resolut.
establishment since 26-10-2020 · founded in 2020 |
1.5 FTE (2025) 0756.986.119 |
| Elite Limousine Service
establishment since 24-09-1991 · founded in 1991 · accounts filed late |
total assets €464,209 (2024) 0443.982.064 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint-Michielslaan 47 registered office 1040 Etterbeek | ||
| Brand Whitlocklaan 126 1200 Woluwe-Saint-Lambert 2511001 Manufacture of metal structures and parts of structures | 15-11-2001 | 2.098.565.207 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21362B0285/00R002 | 443 m² | 1 · 221 m² | 20.1 m · 6 |
| 21673D0154/00R009 | 179 m² | 1 · 84 m² | 19.6 m · 5 |
If something looks wrong or is missing, please tell us.