MIDI GSM
ActiveThe computed 12-month bankruptcy probability of MIDI GSM is 3.8% (moderate). The 2025 annual accounts show equity of €11k and a net result of €7k. Its solvency ranks better than 25% of 7932 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency45▲+9
Growth85
Track record82
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.25 against 1.13 in 2024; short-term debt: 79.9% and cash: 12.3% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€96k▲ 70.7%
2024 · €56k
2024: €56k
2024 → 2025
EBIT margin
29.2%▲ 19.4pp
2024 · 9.8%
2024: 9.8%
2024 → 2025
Net result
€7k▲ 35.2%
2024 · €5k
2024: €5k
2024 → 2025
Working capital
€11k▲ 135%
2024 · €5k
2024: €5k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€56k-€96k▲ 70.7%
Equity€5k-€11k▲ 135%
Operating result€6k-€28k▲ 408%
Net result€5k-€7k▲ 35.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 408% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €57k
Equity
€11k▲ 135%
Debt
€45k▲ 19.7%
The debt ratio falls from 88.7% to 79.9%. Equity and debt are higher.
Key figures and ratios
Solvency
20.1%▲
2024 · 11.3%
Current ratio
1.25▲
2024 · 1.13
Quick ratio
0.15▼
2024 · 0.29
Debt / equity
3.98▼
2024 · 7.82
ROE
57.5%▼
2024 · 100.0%
ROA
11.5%▲
2024 · 11.3%
Debt
€45k▲
2024 · €38k
Debt ≤ 1 year
€45k▲
2024 · €38k
Staff costs
€9k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€57k▲
Current assets29/58€43k€57k▲
Stocks and contracts in progress3€31k€50k▲
Stocks30/36€31k€50k▲
Amounts receivable within one year40/41€5k-
Other amounts receivable41€5k-
Cash at bank and in hand54/58€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€43k€57k▲
Equity10/15€5k€11k▲
Profit (loss) carried forward14€5k€11k▲
Amounts payable17/49€38k€45k▲
Amounts payable within one year42/48€38k€45k▲
Financial debts43€25k-
Credit institutions430/8€25k-
Trade debts44€6k-
Suppliers440/4€6k-
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€7k€16k▲
Other amounts payable47/48-€29k
Income statement
Code20242025
Turnover70€56k€96k▲
Goods, raw materials, services and sundry goods60/61€49k€60k▲
Remuneration, social security and pensions62€1k€9k▲
Gross operating margin9900€7k€37k▲
Operating profit (loss)9901€6k€28k▲
Financial charges65/66B€719€22k▲
Recurring financial charges65€719€22k▲
Profit (loss) for the period before taxes9903€5k€7k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€11k▲
Profit (loss) brought forward from the previous period14P-€5k
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Anderlecht · 2 establishment units since 2023
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.
de Fiennesstraat 271070 AnderlechtGround area
201 m²
Building footprint
201 m²
Volume, LiDAR
2,302 m³
2 parcels, Brussels · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
MIDI GSM
since 20232.352.468.249
MIDI GSM
since 20262.386.175.947
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00G007 | Brussels | 101 m² | 1 · 103 m² | 17.4 m · 5 fl. |
| 21305C0266/00T005 | Brussels | 100 m² | 1 · 98 m² | 20.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2023
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.