Financials
- Fiscal year
- 2008
- Turnover
- €533,152
- Profit
- €80,689
- Solvency
- 21.4%
Summary
MIDESCO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2008 annual accounts show equity of €140,574 and a net result of €80,689. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Activities of company auditors
NACE 69203NACE 74123
How big
€533,152turnover 2008
- Equity
- €140,574
- Profit
- €80,689
Financially healthy?
- Bankruptcy chance 12 m
- 0.2%
2008 figures too old to score
Who decides
Accounts 5968 d overdue0 of 4 deeds read
Signals- Annual accounts: weaker financial profile- Higher-failure-rate region+ Lower-failure-rate sector+ Long track recordNo filing for yearsLatest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2008 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2008 · tick = 2007
Profitability84▲+38
Solvency46▼-7
Growth78
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 2008Solvency, return and age of the figures
Solvency
21.4%
Return on assets
12.3%
Age of the figures
215 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-10-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-10-2009 close31-05-2010 deadline02-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2008 was due by 31-05-2009 and was filed on 29-05-2009, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2008 · full…
- Liquidity doublescurrent ratio 1.23
- Annual accounts filedfiscal year 2007 · full…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2003
- 29-05-2009Annual accounts filed
- 31-10-2008Liquidity doubles
- 22-05-2008Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Activities of company auditorsNACE 69203
- Founded
- 21-01-2002
- Year ends
- 31-10
- Peppol
- Reachable for e-invoices
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