Midi Drinks
ActiveSummary
The computed 12-month bankruptcy probability of Midi Drinks is 2.0% (moderate). The 2024 annual accounts show negative equity (-€16,445) and a net result of -€24,513. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 391 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-61
Solvency12▼-21
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68 against 0.8 in 2023; short-term debt: 83.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-13.1%
Return on assets
-19.5%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€16,445
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
28 d late
2023
22 d early
2022
22 d late
2021
71 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
-€16,445
2023 · €8,068
Total assets
€125,583▲ 31.9%
2023 · €95,235
Net result
-€24,513
2023 · €264
Working capital
-€34,171▼ 154%
2023 · -€13,477
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€19,821--€22,563▼ 13.8%€3,678-€19,686
Net result-€21,659below the sector's middle half--€24,411below the sector's middle half▼ 12.7%€264within the sector's middle half-€24,513below the sector's middle half
Equity€33,341within the sector's middle half-€8,930within the sector's middle half▼ 73.2%€8,068within the sector's middle half▼ 9.7%-€16,445below the sector's middle half
Total assets€65,791within the sector's middle half-€60,780within the sector's middle half▼ 7.6%€95,235within the sector's middle half▲ 56.7%€125,583within the sector's middle half▲ 31.9%
Debt€32,449-€51,850▲ 59.8%€87,167▲ 68.1%€142,028▲ 62.9%
Working capital€19,862within the sector's middle half--€6,747within the sector's middle half-€13,477within the sector's middle half▼ 99.7%-€34,171below the sector's middle half▼ 154%
Solvency50.7%above the sector's middle half-14.7%within the sector's middle half▼ 36.0pp8.5%within the sector's middle half▼ 6.2pp-13.1%within the sector's middle half▼ 21.6pp
Current ratio2.00within the sector's middle half-0.85within the sector's middle half▼ 1.150.80within the sector's middle half▼ 0.050.68within the sector's middle half▼ 0.13
Return on assets (ROA)-32.9%below the sector's middle half--40.2%below the sector's middle half▼ 7.2pp0.3%within the sector's middle half▲ 40.4pp-19.5%below the sector's middle half▼ 19.8pp
above
within
below
the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings.
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 2024: a loss of €19,686 after €3,678 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125,583
Fixed assets
€54,449 ▲ 32.4%
Current assets
€71,134 ▲ 31.5%
Key figures and ratios
EBITDA
-€8,448▼
2023 · €16,264
Cash flow
-€13,274▼
2023 · €12,850
Quick ratio
0.17▼
2023 · 0.24
Debt to equity
-8.64▼
2023 · 10.80
Interest coverage
-1.73▼
2023 · 5.04
Debt ≤ 1 year
€105,306▲
2023 · €67,587
Debt > 1 year
€36,723▲
2023 · €19,580
Income taxes
€127▼
2023 · €197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €430 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,914 | €6,952 | €12,586 | €11,239 | ▼ 10.7% |
| Other operating charges640/8 | €8,020 | €6,102 | €6,545 | €5,326 | ▼ 18.6% |
| Non-recurring operating charges66A | - | - | - | €997 | - |
| Gross operating margin9900 | -€1,888 | -€9,508 | €22,809 | -€2,125 | ▼ 109% |
| Operating profit (loss)9901 | -€19,821 | -€22,563 | €3,678 | -€19,686 | ▼ 635% |
| Financial income75/76B | €91 | €123 | €10 | €194 | ▲ 1,784% |
| Recurring financial income75 | €91 | €123 | €10 | €194 | ▲ 1,784% |
| Financial charges65/66B | €1,928 | €1,972 | €3,227 | €4,894 | ▲ 51.6% |
| Recurring financial charges65 | €1,928 | €1,972 | €3,227 | €4,894 | ▲ 51.6% |
| Profit (loss) for the period before taxes9903 | -€21,659 | -€24,411 | €461 | -€24,386 | ▼ 5,392% |
| Income taxes67/77 | - | - | €197 | €127 | ▼ 35.7% |
| Profit (loss) for the period9904 | -€21,659 | -€24,411 | €264 | -€24,513 | ▼ 9,385% |
| Profit (loss) for the period to be appropriated9905 | -€21,659 | -€24,411 | €264 | -€24,513 | ▼ 9,385% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €65,791 | €60,780 | €95,235 | €125,583 | ▲ 31.9% |
| Fixed assets21/28 | €25,979 | €23,177 | €41,124 | €54,449 | ▲ 32.4% |
| Intangible fixed assets21 | €12,313 | €8,923 | €9,431 | €5,197 | ▼ 44.9% |
| Tangible fixed assets22/27 | €11,666 | €12,254 | €29,693 | €44,251 | ▲ 49.0% |
| Plant, machinery and equipment23 | €3,981 | €2,910 | €1,840 | €769 | ▼ 58.2% |
| Furniture and vehicles24 | €7,686 | €9,344 | €27,853 | €28,325 | ▲ 1.7% |
| Other tangible fixed assets26 | - | - | - | €15,157 | - |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | €5,000 | ▲ 150% |
| Current assets29/58 | €39,811 | €37,603 | €54,111 | €71,134 | ▲ 31.5% |
| Stocks and contracts in progress3 | €26,343 | €26,786 | €37,646 | €53,235 | ▲ 41.4% |
| Stocks30/36 | €26,343 | €26,786 | €37,646 | €53,235 | ▲ 41.4% |
| Amounts receivable within one year40/41 | €12,746 | €5,076 | €15,008 | €10,126 | ▼ 32.5% |
| Trade receivables40 | €12,122 | €4,195 | €14,650 | €8,898 | ▼ 39.3% |
| Other amounts receivable41 | €624 | €881 | €358 | €1,227 | ▲ 242% |
| Deferred charges and accrued income490/1 | €723 | €5,741 | €1,457 | €7,773 | ▲ 434% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €65,791 | €60,780 | €95,235 | €125,583 | ▲ 31.9% |
| Equity10/15 | €33,341 | €8,930 | €8,068 | -€16,445 | ▼ 304% |
| Contributions10/11 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | -€21,659 | -€46,070 | -€46,932 | -€71,445 | ▼ 52.2% |
| Amounts payable17/49 | €32,449 | €51,850 | €87,167 | €142,028 | ▲ 62.9% |
| Amounts payable after more than one year17 | €12,500 | €7,500 | €19,580 | €36,723 | ▲ 87.6% |
| Financial debts170/4 | €12,500 | €7,500 | €19,580 | €36,723 | ▲ 87.6% |
| Amounts payable within one year42/48 | €19,950 | €44,350 | €67,587 | €105,306 | ▲ 55.8% |
| Current portion of amounts payable after more than one year42 | €5,000 | €5,000 | €9,626 | €10,780 | ▲ 12.0% |
| Financial debts43 | €1,900 | €11,979 | €1,742 | €13,698 | ▲ 687% |
| Credit institutions430/8 | €1,900 | €11,979 | €1,742 | €13,698 | ▲ 687% |
| Trade debts44 | €12,604 | €26,404 | €15,075 | €42,736 | ▲ 183% |
| Suppliers440/4 | €12,604 | €26,404 | €15,075 | €42,736 | ▲ 183% |
| Advances received on contracts in progress46 | - | - | €6,553 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €398 | €756 | €4,125 | €3,921 | ▼ 4.9% |
| Taxes450/3 | €398 | €606 | €4,125 | €3,921 | ▼ 4.9% |
| Remuneration and social security454/9 | - | €150 | €0 | - | - |
| Other amounts payable47/48 | €48 | €210 | €30,466 | €34,171 | ▲ 12.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,659 | -€24,411 | €264 | -€24,513 | ▼ 9,385% |
| + Depreciation and write-downs630 | €9,914 | €6,952 | €12,586 | €11,239 | ▼ 10.7% |
| Operating cash flow (approximation) | -€11,745 | -€17,458 | €12,850 | -€13,274 | ▼ 203% |
| Investment in fixed assets (approximation) | - | -€4,150 | -€30,533 | -€24,563 | ▲ 19.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
State Gazette act
Resignation: Jules Delaere (non-statutory director)Appointment: BV Deluxe Distillery (non-statutory director) · Permanent representative: Guillaume Lambrecht · Registered-office move6 facts ▸
State Gazette act
Resignation: Jules Delaere (non-statutory director)
Appointment: BV Deluxe Distillery (non-statutory director) · Permanent representative: Guillaume Lambrecht · Registered-office move6 facts ▸
- General meeting, 01-07-2026
- Director resignation, Jules Delaere (non-statutory director)
- Director appointment, BV Deluxe Distillery (non-statutory director)
- Permanent representative, Guillaume Lambrecht (permanent representative)
- General meeting, kennisname en akkoord met benoeming vaste vertegenwoordiger
- Registered-office move, Lauwbergstraat 141 A, 8930 Lauwe
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€24,513
Net result drops to -€24,513, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €264
Net result €264 after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Deluxe Distillery
CurrentNon-statutory director · since 01-07-2026 · Private limited company · perm. rep.: Guillaume Lambrecht
Permanent representatives 1
Guillaume Lambrecht
CurrentPermanent representative · since 01-07-2026 · for Deluxe Distillery
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2020
Ground area
362 m²
Building footprint
214 m²
Volume, LiDAR
1,383 m³
Parcel 34024A0531/00W008, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Midi Apéritifs
since 20202.303.276.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0531/00W008 | Flanders | 362 m² | 1 · 214 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Deluxe Distillery |
|
| Jules Delaere |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 23,700 EUR awarded · 16,950 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 5,700 EUR | 5,700 EUR |
| 2023 | 2 | 18,000 EUR | 11,250 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMenen2.303.276.084
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Of 274 companies in sector 11010 we hold annual accounts for 121. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
11010Manufacture of beverages
46349Wholesale of beverages, general range
47120Other non-specialised retail sale
47252Retail sale of beverages, general range
82990Other business support services
Contact
Website
midiaperitifs.com/
E-mail
hello@midiaperitifs.com
Phone
0473 93 02 89
Website
www.midiaperitifs.comMenen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747915134
Also
9925:BE0747915134
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.