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Midi Drinks

Active Private limited companyfounded 2020active for 6 yearsLauwbergstraat 141, 8930 MenenKBO/BCE: BE 0747.915.134

Lifetime

5 annual accounts with figures on one time axis
peak €22,809 (2023)
€20,770▲ €22,895
lowest -€24,513 (2024)
€375▲ €24,888
peak €33,341 (2021)
-€16,070▲ €375
€160,276▲ 12.8%
Board2 names since 2020
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from -€2,125 to €20,770Back to profit: €375

Key points

from the 2025 annual accounts

Equity

-€16,070
20212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €350,000 estimated

The micro format states no turnover.

Debts

€160,276 111% of the balance sheet
Financial debts 26%Suppliers 22%Taxes and wages 5%Other 46%

Of this, €132,227 falls due within a year.

Filings

5 annual accounts 3 late
AprilJune31 JulyOctober20222024

The 2021 accounts came latest: 71 days after the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 01-07-2026 · 1 in office.

Position in the sector

-€16,070

Less equity than 85% of companies in wholesale trade. Sector median €58,174 · 15,461 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 907 companies had the same profile as Midi Drinks has now. Each dot stands for 3 companies, two years later.

89.3%
were still trading
4.2%
stopped another way
6.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 907 companies, not a prediction for Midi Drinks. 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,
  • 600 sharesdeed of 09-06-2020
  • 2,400 sharesdeed of 09-06-2020
Board & ownership

Recent changes

Registered office moved from Harelbeke to Lauwe New registered office: Lauwbergstraat 141 A, 8930 Lauwe · Previous registered office: Spoorwegstraat 23 bus D, 8530 Harelbeke · Resignation: (director) · General meeting of 01-07-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0747915134
Registered office moved from Kortrijk to Harelbeke New registered office: Spoorwegstraat 23 bus D te 8530 Harelbeke · Previous registered office: Meensesteenweg 358/360 bus B te 8500 Kortrijk · Board meeting of 27-08-2024 · Gazette deed
Incorporation Founding capital of €55,000, 3,000 shares · Founders: and · Appointment: (director) · published on 09-06-2020 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
Midi Drinks Menen €144,206 €20,770 -11.1% -
BD-BEERS Vleteren €146,007 €21,211 17.9% -
BRAUW Nieuwerkerken (Limb.) €155,477 €18,532 -22.8% -
LA BIEROTHEQUE BELGE Tournai €138,377 €18,034 4.0% -
Brasserie Vulpio Namur €101,668 €19,158 43.1% -
COLLABEL Scherpenheuvel-Zichem €91,790 €19,592 26.7% -
RC BUSINESS Binche €91,827 €25,992 38.7% -

These companies have the same main activity as Midi Drinks: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €91,800 and €155,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 05-06-2020Normal situation
Activity
Wholesale of beverages, general rangeNACE 46349and 3 others
Establishment unit
2.303.276.0848930 Menen, since 05-06-2020
Financial year end
31 December
Peppol
Reachable since 22-10-2025
Company details

Annual accounts 2025

€144,206▲ 14.8%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on Midi Drinks

Midi Drinks files the micro format. That format states no turnover. The gross margin rose from -€1,888 in 2021 to €20,770 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 Drinks

What is the company number of Midi Drinks?
The company number of Midi Drinks is 0747.915.134. The VAT number is the same number with BE in front: BE 0747.915.134.
Where is Midi Drinks based?
The registered office is at Lauwbergstraat 141, 8930 Menen.Company details
What does Midi Drinks do?
According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
What is the legal form of Midi Drinks?
Midi Drinks is a private limited company (BV).
When was Midi Drinks founded?
Midi Drinks was founded on 05-06-2020.
Is Midi Drinks still active?
Yes, Midi Drinks is an active enterprise in the KBO register.
What is the turnover of Midi Drinks?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €20,770 and 48 comparable companies (NACE 463). It probably lies between €160,000 and €560,000. It is a rough estimate.Financials
Is Midi Drinks profitable?
In financial year 2025, Midi Drinks made a profit of €375.
Where can I find the annual accounts of Midi Drinks?
Midi Drinks filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Midi Drinks due?
Midi Drinks must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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