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MIDEL II

Active
Public limited companyfounded 198739 yrs activeNinoofse Steenweg 534, 1070 Anderlecht, BelgiumKBO/BCE: BE 0430.979.017
Summary

MIDEL II has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €574,799 and a net result of €29,260. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
MIDEL IIActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Residential care activities
NACE 87101
1 site
Size
€5,209turnover 2025
Equity
€574,799
Profit
€29,260
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
ROYAL ASSIST · 100%
Accounts 23 d early0 of 18 deeds read
Why 89- Liquidity: current ratio 2.10, cash €35+ Founded in 1987+ Size: turnover €5,209, total assets €1.1m+ Sector Residential care activities (NACE 87)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 42% of its sector peers (NACE 87, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 76+16
equity 50.9% of total assets
Liquidity 26+11
short-term debt 47.7% · cash 0.0%
Profitability 44+33
return on assets 2.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (254 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● 0.0% vs 11-2024 01-2025: 1.3%▲ +2.2% vs 12-2024 02-2025: 1.3%▲ +1.8% vs 01-2025 03-2025: 1.3%▲ +2.0% vs 02-2025 04-2025: 1.4%▲ +3.6% vs 03-2025 05-2025: 1.4%● 0.0% vs 04-2025 06-2025: 1.4%▲ +4.5% vs 05-2025 07-2025: 1.6%▲ +10.7% vs 06-2025highest value 08-2025: 0.3%▼ -77.8% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.4%▲ +4.0% vs 02-2026 04-2026: 0.4%▲ +6.1% vs 03-2026 05-2026: 0.4%▲ +0.3% vs 04-2026 06-2026: 0.4%▲ +12.2% vs 05-2026 07-2026: 0.4%▲ +3.5% vs 06-2026 08-2026: 0.2%▼ -63.9% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 2.10, cash €35 raises the probability
  • Founded in 1987 lowers the probability for this profile
  • Size: turnover €5,209, total assets €1.1m lowers the probability for this profile
  • Sector Residential care activities (NACE 87) lowers the probability
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.53 in 2024; short-term debt: 47.7% and cash: 0% of total assets), and 49.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 87, micro). Better than this share of them on solvency 58%, liquidity 17%, profitability 36%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 2.10, cash €35
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €5,209, total assets €1.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Residential care activities (NACE 87)
In the bankruptcy model this factor lowers the probability.
KBO
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
21 d early
2023
14 d early
2022
15 d early
2021
12 d early
2020
16 d early
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Back to profitnet €29,260
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€165,610 in 2024 €29,260 View
  • Controlled by ROYAL ASSISTknown shareholders 100% 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€5,209
Profit
€29,260
Solvency
50.9%
Turnover
Net result
20232025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 08-07-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 10-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Residential care activitiesNACE 87101
Founded
14-04-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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