Result
€46,793 ▼ 67.0%
The result fell in 2025 from €141,775 to €46,793.
MIDO CONSTRUCT
Lifetime
8 annual accounts with figures on one time axispeak €142,418 (2024)
€47,319▼ 66.8%
lowest -€112,678 (2023)
€46,793▼ 67.0%
peak €20,000 (2022)
€20,000unchanged
€293,914▼ 27.8%
Board3 names since 2018
2 directorsPM Investment BV and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €142,418 to €47,319Result from €141,775 to €46,793Debts from €407,216 to €293,914Cash from €15,279 to €3,984
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The accounts state no turnover.
Debts
€293,914 94% of the balance sheet
Financial debts 0%Suppliers 74%Taxes and wages 2%Other 24%
Investments
€6,509 8.0 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 1 to 6 days before the end of the period.
Position in the sector
6.4%
Lower solvency than 87% of companies in building services and landscaping. Sector median 42.2% · 1,569 companies.
Checked score
65
Healthy
Financially stronger than 29% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.8%▼ -0.1 percentage points vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.9%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.9%▼ -1.0 percentage point vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026lowest value
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 1.0%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.2 percentage points vs 07-2026
09-2026: 1.1%▼ -0.1 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.0%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Services to buildings and landscape activities (NACE 81)
Liquidity: current ratio 1.06, cash €3,984, halved
Equity €20,000 (6.4% of total assets)
lowers risk
Size: total assets €313,914
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 15% of them on solvency, 3% on liquidity, 66% on profitability and 33% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as MIDO CONSTRUCT has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of MIDO CONSTRUCT itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for MIDO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.05 in 2024), below the usual 1.5. Short-term debt is 93.6% and cash 1.3% of total assets. 93.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1569 sector peers (2025).
NBB · sector comparisonPosition among 1569 sector peers
Solvency
better than 12%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 days early
2024
3 days early
2023
1 day early
2022
6 days early
2021
2 days early
2020
11 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0699795810
1 director appointed, 1 resignation
Resignation: H.C.Z.Construct · Permanent representative: Hepcal Dorin · Appointment: CHD Investment · General meeting of 21-05-2021 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Gazette deed
Incorporation
published on 12-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MIDO CONSTRUCT Lille | €313,914 | €47,319 | 6.4% | - |
| Y&M Management Mechelen | €334,536 | €46,060 | 12.2% | - |
| RF COMPAGNIE Jette | €314,001 | €52,222 | 36.7% | - |
| MARC "DE GLAZENWASSER" Bilzen-Hoeselt | €284,123 | €47,559 | 39.8% | - |
| Flexy Net Sint-Gillis (bij-Brussel) | €265,839 | €50,214 | 67.9% | - |
| ADDIC Chimay | €286,021 | €70,173 | 28.5% | - |
| FEL AND CO Brussels | €421,318 | €49,308 | 20.6% | - |
These companies have the same main activity as MIDO CONSTRUCT: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €266,000 and €421,000, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 10-07-2018Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 3 others
- Establishment unit
- 2.279.455.9532275 Lille, since 10-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Annual accounts 2025
- €313,914▼ 26.5%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on MIDO CONSTRUCT
MIDO CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from -€2,052 in 2018 to €47,319 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MIDO CONSTRUCT
- What is the company number of MIDO CONSTRUCT?
- The company number of MIDO CONSTRUCT is 0699.795.810. The VAT number is the same number with BE in front: BE 0699.795.810.
- Where is MIDO CONSTRUCT based?
- The registered office is at Kloosterstraat 32, 2275 Lille.Company details
- What does MIDO CONSTRUCT do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of MIDO CONSTRUCT?
- MIDO CONSTRUCT is a private limited company (BV).
- When was MIDO CONSTRUCT founded?
- MIDO CONSTRUCT was founded on 10-07-2018.
- Is MIDO CONSTRUCT still active?
- Yes, MIDO CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of MIDO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €47,319 and 50 comparable companies (NACE 812). It probably lies between €130,000 and €330,000.Financials
- Is MIDO CONSTRUCT profitable?
- In financial year 2025, MIDO CONSTRUCT made a profit of €46,793.
- Where can I find the annual accounts of MIDO CONSTRUCT?
- MIDO CONSTRUCT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MIDO CONSTRUCT due?
- MIDO CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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