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MIDELCO

Active Risk: not assessed
Public limited companyfounded 1987active for 39 yearsDoorniksewijk(Kor) 49, 8500 Kortrijk, Belgium19 active companies are registered at this addressKBO/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, of which €27.1m non-recurring income. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 53% of 3,016 sector peers (NACE 64, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Group and network

Heads the group MIDELCO 9 companies Group, risk and exposure

Holdings and subsidiaries

15 holdings · 9 subsidiaries in the tree

Holdings 15

Show 5 more holdings
All subsidiaries, including indirect ones 9

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the annual accounts to 30-06-2025 of MIDELCO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

21 connected companies
Linked via shared directors
BESIX Group
via Philippe Vlerick · Independent director
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Cecan
via Philippe Vlerick · Director
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EXMAR
via Philippe Vlerick · Non-executive director
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Show 17 more companies with a shared director
KBC Global Services
via Philippe Vlerick · Lid van de raad van toezicht
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Smartphoto group
via Philippe Vlerick · Chair of the board
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UCO
via Philippe Vlerick · Chair of the board and managing director
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ETEX
via Philippe Vlerick · Director
former→
IVC
via Philippe Vlerick · Director
former→
former→
KBC Bank
via Philippe Vlerick · Director
former→
former→
former→
former→
Oxurion
via Philippe Vlerick · Director
former→
former→
former→
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Board mandates elsewhere

2 board mandates
Board mandates of this companythis company sits on their board2
1 location