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MIDI

Active Private limited companyfounded 1988active for 37 yearsFrans Van Hombeeckplein 33, 2600 AntwerpKBO/BCE: BE 0435.963.035

Lifetime

19 annual accounts with figures on one time axis, 36 filings since 1989
peak €258,607 (2022)
-€19,012▼ €97,000
lowest -€190,208 (2009)
-€71,639▼ €104,069
peak €83,307 (2006)
-€128,863▼ €71,639
€427,903▲ 12.7%
peak 6.7 FTE (2013)
-not published
Board1 name since 2002
1 director
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €77,988 to -€19,012Loss of €71,639Equity from -€57,224 to -€128,863Investments €17,097Cash from €14,491 to €835

Key points

from the 2025 annual accounts

Equity

-€128,863
201920202022202320242025

Debts exceed assets in financial year 2025.

Debts

€427,903 143% of the balance sheet
Suppliers 7%Taxes and wages 2%Other 91%

Of this, €427,303 falls due within a year.

Investments

€18,415 5.2 × depreciation
202220232025

Green is investment, beige is depreciation.

Staff

1 FTE from 6.7 in 2013

Between 2013 and 2025, 85% of the full-time equivalents disappeared.

Position in the sector

-€71,639

Lower net result than 95% of companies in food and beverage service. Sector median €4,675 · 18,476 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as MIDI has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,618 companies, not a prediction for MIDI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 30-06-2002
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435963035
Reappointment: (director) Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 28-12-2021 · Gazette deed
Purpose change · Amendment of the articles “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; Alle verrichtingen met…” (deed in Dutch) · Gazette deed
First establishment Frans Van Hombeeckplein 33, Antwerp
All 45 events

Comparable companies

same main activity, similar in size and age
Company
MIDI Antwerp €299,040 -€19,012 -43.1% -
't PARK Willebroek €316,375 -€1,213 92.8% -
I.E.S.-DISTRIBUTION Lasne €297,610 -€2,354 97.2% 0
Le Pré Mondain Somme-Leuze €252,370 -€40,766 -142.1% -
HOF TEN AS Steenokkerzeel €252,043 -€2,147 90.8% -
MING DYNASTY Leuven €366,122 -€24,634 77.2% -
FiPaMi Manage €364,339 -€3,102 38.2% -

These companies have the same main activity as MIDI: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €252,000 and €366,000, founded between 1983 and 1991.

Official details

Source: KBO
Status
Active since 01-12-1988Normal situation
Registered office
20 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Full-service restaurantsNACE 56111and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
Establishment unit
2.042.084.0852600 Antwerp, since 15-02-1989
Financial year end
30 June
Peppol
Reachable since 15-12-2025
Company details

Annual accounts to 30-06-2025

€299,040▼ 7.3%
Employeeson 30-06-2025
1=
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

Insights on MIDI

MIDI files the micro format. That format states no turnover. The gross margin fell from €124,810 in 2006 to -€19,012 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MIDI

What is the company number of MIDI?
The company number of MIDI is 0435.963.035. The VAT number is the same number with BE in front: BE 0435.963.035.
Where is MIDI based?
The registered office is at Frans Van Hombeeckplein 33, 2600 Antwerp.Company details
What does MIDI do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of MIDI?
MIDI is a private limited company (BV).
When was MIDI founded?
MIDI was founded on 01-12-1988.
Is MIDI still active?
Yes, MIDI is an active enterprise in the KBO register.
How many employees does MIDI have?
MIDI had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MIDI fall under?
In its 30-06-2024 annual accounts, MIDI states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of MIDI?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is MIDI profitable?
In financial year 2025, MIDI made a loss of €71,639.
Where can I find the annual accounts of MIDI?
MIDI filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIDI due?
MIDI must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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