MIDELCO

Active Risk: not assessed

Public limited companyfounded 198739 yrs activeDoorniksewijk(Kor) 49, 8500 Kortrijk, BelgiumKBO/BCE: BE 0430.555.581

Summary

MIDELCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €238.3m and a net result of €51.5m. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 2655 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MIDELCOActive

Risk analysis Report Compare

What they do

Activities of holding companies

NACE 64210Holdings NACE 64200NACE 74151

#3 company by equity in Kortrijk, Finance and insurance sector2 sites

How big

€1.2mturnover 2025

Staff: 1.5 FTE
Equity: €238.3m
Profit: €51.5m

Financially healthy?

Financial institution: outside the modelProbability: sector outside the model

Who decides

Holdings: 15

Accounts 47 d early0 of 21 deeds read

SignalsLatest accounts filed on timeShow the evidence

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

47 d early

2024

43 d early

2023

43 d early

2022

40 d early

2021

7 d early

2020

47 d early

2019

11 d early

← 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 34 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 19 December (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-06-2026 close02-10-2026 today31-01-2027 deadline

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

15-12-25 Annual accounts filedfiscal year 2025 · full…
30-06-25 Highest result since 2019net €51.5m ▲143%
17-03-25 Board meeting · Capital increaseBank account · Capital

Key points

Positive: Result rose in 2025from €21.2m to €51.5m ▲ 143% View
Positive: Among the best 5% on net resultsector median €100,724 · 2,659 companies €51.5m View
Heads a groupcompanies controlled 9 View
Positive: Always filed on timeaccounts within the deadline every year 7 years View
Positive: 7 profitable years in a rowprofit 2025: €51.5m 7 years View