Less equity than 85% of companies in wholesale trade. Sector median €58,174 · 15,461 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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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: Hidden nameVisible after signing in (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: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 09-06-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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