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MIDIVAN

Active
Private limited companyfounded 20232 yrs activeTen Bunderenstraat 16, 8890 Moorslede, BelgiumKBO/BCE: BE 1002.734.233
Summary

MIDIVAN has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €45k. Its solvency ranks better than 70% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.34; short-term debt: 25% and cash: 7.7% of total assets), and 25% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
55 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€42k
Total assets
€56k
Net result
€45k
Working capital
€-9k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €56k
Fixed assets €51k
Current assets €5k
Equity and liabilities €56k
Equity €42k
Debt €14k
Debt finances 25.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€60k
Cash flow
€49k
Current ratio
0.34
Debt to equity
0.33
ROE
105.4%
ROA
79.1%
Interest coverage
1711.37
Debt ≤ 1 year
€14k
Income taxes
€11k
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€56k
Fixed assets21/28€51k
Tangible fixed assets22/27€51k
Furniture and vehicles24€51k
Current assets29/58€5k
Amounts receivable within one year40/41€477
Other amounts receivable41€477
Cash at bank and in hand54/58€4k
Equity and liabilities
Total equity and liabilities10/49€56k
Equity10/15€42k
Contributions10/11€4k
Reserves13€38k
Distributable reserves133€38k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Taxes, remuneration and social security45€13k
Taxes450/3€13k
Other amounts payable47/48€833
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€1k
Gross operating margin9900€61k
Operating profit (loss)9901€55k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€55k
Income taxes67/77€11k
Profit (loss) for the period9904€45k
Profit (loss) for the period to be appropriated9905€45k
Appropriation of the result
Profit (loss) to be appropriated9906€45k
Transfer to equity691/2€38k
To other reserves6921€38k
Profit to be distributed694/7€6k
Return on contributions (dividend)694€800
Directors or managers695€6k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€1k
Gross operating margin9900€61k
Operating profit (loss)9901€55k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€55k
Income taxes67/77€11k
Profit (loss) for the period9904€45k
Profit (loss) for the period to be appropriated9905€45k
Line2024
Assets
Total assets20/58€56k
Fixed assets21/28€51k
Tangible fixed assets22/27€51k
Furniture and vehicles24€51k
Current assets29/58€5k
Amounts receivable within one year40/41€477
Other amounts receivable41€477
Cash at bank and in hand54/58€4k
Equity and liabilities
Total equity and liabilities10/49€56k
Equity10/15€42k
Contributions10/11€4k
Reserves13€38k
Distributable reserves133€38k
Amounts payable17/49€14k
Amounts payable within one year42/48€14k
Taxes, remuneration and social security45€13k
Taxes450/3€13k
Other amounts payable47/48€833
Line2024
Profit (loss) for the period9904€45k
+ Depreciation and write-downs630€4k
Operating cash flow (approximation)€49k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Moorslede · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,778 m²
Building footprint
162 m²
Volume, LiDAR
321 m³
2 parcels, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MIDIVAN
Ten Bunderenstraat 16A, 8890 MoorsledeComputing infrastructure, data processing, hosting and other information service activities
since 20232.352.401.438
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36012B0578/00H000 Flanders 1,747 m² - -
36012B0576/00N000 Flanders 1,031 m² 1 · 162 m² 7.0 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,091 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
Founded28-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.