Midico
ActiveMidico has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €100k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 3282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency37▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.16 in 2024; short-term debt: 80.5% and cash: 34.4% of total assets), and 88% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
64.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 3282 sector peers (2025).
NBB · sector comparisonPosition among 3282 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
5 d early
2023
33 d early
2022
5 d early
2021
136 d early
2020
157 d early
2019
71 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€19k=
2024 · €19k
2018: €85k
2019: €136k
2020: €104k
2021: €20k
2022: €43k
2023: €19k
2024: €19k
2018 → 2025
Total assets
€155k▲ 29.3%
2024 · €120k
2018: €127k
2019: €152k
2020: €224k
2021: €110k
2022: €200k
2023: €167k
2024: €120k
2018 → 2025
Net result
€100k▲ 32.0%
2024 · €75k
2018: €57k
2019: €52k
2020: €52k
2021: €77k
2022: €173k
2023: €96k
2024: €75k
2018 → 2025
Working capital
€11k▼ 36.6%
2024 · €17k
2018: €84k
2019: €135k
2020: €100k
2021: €16k
2022: €37k
2023: €15k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€43k▲ 111%€19k▼ 57.0%€19k=€19k=
Operating result€102k-€228k▲ 123%€122k▼ 46.2%€97k▼ 20.5%€131k▲ 34.2%
Net result€77k-€173k▲ 123%€96k▼ 44.6%€75k▼ 21.1%€100k▲ 32.0%
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 recovers in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€20k▲ 740%
Current assets
€135k▲ 15.1%
Equity and liabilities €155k
Equity
€19k=
Debt
€136k▲ 34.7%
The debt ratio rises from 84.5% to 88.0%. Debt is higher.
Key figures and ratios
EBITDA
€133k▲
2024 · €99k
Cash flow
€102k▲
2024 · €77k
Solvency
12.0%▼
2024 · 15.5%
Current ratio
1.08▼
2024 · 1.16
Quick ratio
1.08▼
2024 · 1.16
Debt / equity
7.35▲
2024 · 5.46
ROE
537.0%▲
2024 · 406.9%
ROA
64.3%▲
2024 · 63.0%
Interest coverage
138.49▲
2024 · 89.75
Debt
€136k▲
2024 · €101k
Debt ≤ 1 year
€125k▲
2024 · €101k
Income taxes
€31k▲
2024 · €21k
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€120k€155k▲
Fixed assets21/28€2k€20k▲
Tangible fixed assets22/27€2k€20k▲
Furniture and vehicles24€984€290▼
Other tangible fixed assets26€1k€19k▲
Current assets29/58€117k€135k▲
Amounts receivable after more than one year29€15k€60k▲
Other amounts receivable291€15k€60k▲
Amounts receivable within one year40/41€28k€22k▼
Trade receivables40€25k€20k▼
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€74k€53k▼
Deferred charges and accrued income490/1€187€198▲
Equity and liabilities
Total equity and liabilities10/49€120k€155k▲
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Amounts payable17/49€101k€136k▲
Amounts payable within one year42/48€101k€125k▲
Financial debts43€4k€4k=
Credit institutions430/8€4k€4k=
Trade debts44€4k€12k▲
Suppliers440/4€4k€12k▲
Taxes, remuneration and social security45€14k€8k▼
Taxes450/3€14k€8k▼
Other amounts payable47/48€78k€100k▲
Accrued charges and deferred income492/3€387€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€569€914▲
Gross operating margin9900€100k€134k▲
Operating profit (loss)9901€97k€131k▲
Financial income75/76B€516€1k▲
Recurring financial income75€516€1k▲
Financial charges65/66B€1k€961▼
Recurring financial charges65€1k€961▼
Profit (loss) for the period before taxes9903€97k€131k▲
Income taxes67/77€21k€31k▲
Profit (loss) for the period9904€75k€100k▲
Profit (loss) for the period to be appropriated9905€75k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€100k▲
Profit to be distributed694/7€75k€100k▲
Return on contributions (dividend)694€75k€100k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-10
State Gazette act
Capital increase · Share issue
Capital · Statutes amendment · Peter VAN MELKEBEKE
30-09
Financial
Highest result since 2018net €173k ▲123%
Operating result €228k, net result €173k, both a record.
12-09
State Gazette act
Capital increase · Capital
Statutes amendment · Power of attorney
15-07
State Gazette act
Capital increase · Share issue
Capital · Power of attorney · Peter VAN MELKEBEKE
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-09
Financial
Weakest financial yearnet €52k ▼1.4%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
19-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity triplescurrent ratio 9.42
Current ratio from 3.03 to 9.42; short-term debt falls from €42k to €16k.
30-09
Financial
Equity above €100kEq €136k ▲59.8%
2 profitable years in a row build equity to €136k.
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 101 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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
Registered office, Schoten · 1 establishment unit since 2017
Ground area
2,798 m²
Building footprint
234 m²
Volume, LiDAR
1,616 m³
Parcel 11040D0337/00E000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Midico
since 20172.259.617.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0337/00E000 | Flanders | 2,798 m² | 1 · 234 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2016
Fiscal year end30-09
Activities, NACEBEL
69109Other legal services
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.