MIDI CASH & CARRY
InactiveMIDI CASH & CARRY was declared bankrupt on 22-04-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 21-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€398k▲ 95.6%
2020 · €204k
2020: €204k
2020 → 2021
EBIT margin
-0.8%▼ 10.3pp
2020 · 9.5%
2020: 9.5%
2020 → 2021
Net result
€-3k
2020 · €14k
2020: €14k
2020 → 2021
Working capital
€31k▼ 8.7%
2020 · €34k
2020: €34k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Turnover€204k-€398k▲ 95.6%
Equity€35k-€41k▲ 15.6%
Operating result€19k-€-3k
Net result€14k-€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €3k after €19k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €116k
Fixed assets
€10k▲ 684%
Current assets
€106k▲ 163%
Equity and liabilities €116k
Equity
€41k▲ 15.6%
Debt
€75k▲ 1,043%
The debt ratio rises from 15.8% to 65.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-3k▼
2020 · €20k
Cash flow
€-3k▼
2020 · €14k
Solvency
35.0%▼
2020 · 84.2%
Current ratio
1.41▼
2020 · 6.13
Quick ratio
0.77▼
2020 · 1.62
Debt / equity
1.86
ROE
-8.5%▼
2020 · 40.2%
ROA
-3.0%▼
2020 · 33.8%
Interest coverage
-26.01
Debt
€75k▲
2020 · €7k
Debt ≤ 1 year
€75k▲
2020 · €7k
Staff costs
€49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€42k€116k▲
Fixed assets21/28€1k€10k▲
Tangible fixed assets22/27€1k€938▼
Furniture and vehicles24-€938
Financial fixed assets28-€9k
Current assets29/58€40k€106k▲
Stocks and contracts in progress3€30k€48k▲
Stocks30/36-€48k
Amounts receivable within one year40/41€6k€5k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€5k€53k▲
Deferred charges and accrued income490/1-€326
Equity and liabilities
Total equity and liabilities10/49€42k€116k▲
Equity10/15€35k€41k▲
Contributions10/11-€30k
Profit (loss) carried forward14€14k€11k▼
Amounts payable17/49€7k€75k▲
Amounts payable within one year42/48€7k€75k▲
Trade debts44€380€62k▲
Suppliers440/4-€62k
Taxes, remuneration and social security45-€14k
Taxes450/3-€6k
Remuneration and social security454/9-€8k
Income statement
Code20202021
Turnover70€204k€398k▲
Goods, raw materials, services and sundry goods60/61-€362k
Remuneration, social security and pensions62-€49k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€226€291▲
Other operating charges640/8-€710
Gross operating margin9900€22k€46k▲
Operating profit (loss)9901€19k€-3k▼
Financial charges65/66B-€116
Recurring financial charges65€698€116▼
Profit (loss) for the period before taxes9903€19k€-3k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€14k€-3k▼
Profit (loss) for the period to be appropriated9905€14k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11k
Profit (loss) brought forward from the previous period14P-€14k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · MIDI CASH & CARRY BV IMPERIASTRAAT 8, 1930 ZAVENTEM · event 14-10-2025
29-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MIDI CASH & CARRY BV IMPERIASTRAAT 8, 1930 ZAVENTEM · event 22-04-2025
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
SignalNBB filing
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
22-04-2025 → present |