Midmid
ActiveMidmid has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €124k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency47▼-35
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 2.28 in 2024; short-term debt: 78.2% and cash: 65.7% of total assets), and 78.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
21.8%
Return on assets
30.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-10-2025, 106 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
106 d early
2024
79 d early
2023
43 d early
2022
43 d early
2021
41 d early
2020
26 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▼ 64.2%
2024 · €248k
2019: €138k
2020: €173k
2021: €231k
2022: €301k
2023: €301k
2024: €248k
2019 → 2025
Total assets
€406k▼ 6.5%
2024 · €434k
2019: €155k
2020: €191k
2021: €269k
2022: €327k
2023: €368k
2024: €434k
2019 → 2025
Net result
€124k▲ 9.8%
2024 · €113k
2019: €43k
2020: €34k
2021: €59k
2022: €70k
2023: €73k
2024: €113k
2019 → 2025
Working capital
€82k▼ 65.8%
2024 · €240k
2019: €129k
2020: €168k
2021: €230k
2022: €301k
2023: €293k
2024: €240k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€301k▲ 30.3%€301k▼ 0.1%€248k▼ 17.8%€89k▼ 64.2%
Operating result€80k-€96k▲ 19.6%€101k▲ 5.4%€145k▲ 42.8%€159k▲ 9.9%
Net result€59k-€70k▲ 19.6%€73k▲ 4.0%€113k▲ 55.1%€124k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€7k▼ 15.2%
Current assets
€400k▼ 6.3%
Equity and liabilities €406k
Equity
€89k▼ 64.2%
Debt
€318k▲ 70.1%
The debt ratio rises from 43.0% to 78.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€160k▲
2024 · €146k
Cash flow
€125k▲
2024 · €114k
Solvency
21.8%▼
2024 · 57.0%
Current ratio
1.26▼
2024 · 2.28
Quick ratio
1.26▼
2024 · 2.28
Debt / equity
3.58▲
2024 · 0.75
ROE
139.9%▲
2024 · 45.6%
ROA
30.5%▲
2024 · 26.0%
Interest coverage
627.13▼
2024 · 799.42
Debt
€318k▲
2024 · €187k
Debt ≤ 1 year
€318k▲
2024 · €187k
Income taxes
€35k▲
2024 · €32k
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€434k€406k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Land and buildings22€7k€6k▼
Furniture and vehicles24€901€537▼
Current assets29/58€426k€400k▼
Amounts receivable within one year40/41€169k€126k▼
Trade receivables40€169k€126k▼
Other amounts receivable41-€339
Cash at bank and in hand54/58€257k€267k▲
Deferred charges and accrued income490/1€443€6k▲
Equity and liabilities
Total equity and liabilities10/49€434k€406k▼
Equity10/15€248k€89k▼
Contributions10/11€19k€19k=
Reserves13€229k€70k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€229k€70k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€187k€318k▲
Amounts payable within one year42/48€187k€318k▲
Trade debts44€470€545▲
Suppliers440/4€470€545▲
Taxes, remuneration and social security45€16k€24k▲
Taxes450/3€16k€24k▲
Other amounts payable47/48€171k€293k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€930€681▼
Non-recurring operating charges66A€634€0▼
Gross operating margin9900€147k€161k▲
Operating profit (loss)9901€145k€159k▲
Financial charges65/66B€182€255▲
Recurring financial charges65€182€255▲
Profit (loss) for the period before taxes9903€144k€159k▲
Income taxes67/77€32k€35k▲
Profit (loss) for the period9904€113k€124k▲
Profit (loss) for the period to be appropriated9905€113k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€124k▲
Profit (loss) brought forward from the previous period14P€2k€0▼
Transfer from equity791/2€52k€159k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€167k€283k▲
Return on contributions (dividend)694€167k€283k▲
The notes to these accounts (4 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
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €124k ▲9.8%
Operating result €159k, net result €124k, both a record.
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €200kEq €231k ▲33.9%
3 profitable years in a row build equity to €231k.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €34k ▼19.7%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €150kEq €173k ▲24.9%
2 profitable years in a row build equity to €173k.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Destelbergen · 1 establishment unit since 2016
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.
Vossenberglaan 189070 DestelbergenGround area
180 m²
Building footprint
181 m²
Volume, LiDAR
1,257 m³
Parcel 44013B0100/00D000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Midmid BVBA
since 20162.249.707.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0100/00D000 | Flanders | 180 m² | 1 · 180 m² | 8.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500Z8DR4AA8F01A84
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 3,060 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2016
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
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.