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MIDGARDEN

Active
Private limited companyfounded 20251 yr activeLosseweg 123, 1652 Beersel, BelgiumKBO/BCE: BE 1026.176.856
Summary

The computed 12-month bankruptcy probability of MIDGARDEN is 1.8% (moderate). The 2025 annual accounts show negative equity (-€2,103) and a net result of -€7,103. Its solvency ranks better than 9% of 4952 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Landscape service activities
NACE 81300
1 site
How big
€14,941total assets 2025
Equity
-€2,103
Loss
-€7,103
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
1.8%
Who decides
Accounts 16 d early0 of 1 deed read
Why 52- Negative equity -€2,103- Sector Services to buildings and landscape activities (NACE 81)- Founded in 2025+ Size: total assets €14,941Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 8% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 11
equity -14.1% of total assets
Liquidity 16
short-term debt 114.1% · cash 12.8%
Profitability 0
return on assets -47.5%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.0% (7,566 companies)
  • Size: total assets €14,941 lowers the probability for this profile
  • Negative equity -€2,103 raises the probability
  • Sector Services to buildings and landscape activities (NACE 81) raises the probability
  • Founded in 2025 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.49; short-term debt: 114.1% and cash: 12.8% of total assets), and equity is negative.
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 81, micro). Better than this share of them on solvency 8%, liquidity 11%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €14,941
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€2,103
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Services to buildings and landscape activities (NACE 81)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€2,103 View
  • Caution: Among the weakest 10% on solvencysector median 41.2% · 4,952 companies -14.1% View
  • Founded 13 months agofounded 04-08-2025 13 mo View

By topic

Financials

Fiscal year
2025
Total assets
€14,941
Loss
-€7,103
Solvency
-14.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Landscape service activitiesNACE 81300
Founded
04-08-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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