MIDUNIA
ActiveMIDUNIA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200k and a net result of €29k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-7
Solvency67▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.94 against 2.41 in 2024; short-term debt: 9.2% and cash: 20% of total assets), but 58% 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○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
Sector 70
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
42%
Return on assets
6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
on the day
2023
33 d early
2022
42 d early
2021
38 d early
2020
on the day
2019
20 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
€200k▲ 16.1%
2024 · €172k
2019: €81k
2020: €102k
2021: €124k
2022: €106k
2023: €152k
2024: €172k
2019 → 2025
Total assets
€476k▲ 4.7%
2024 · €455k
2019: €509k
2020: €524k
2021: €458k
2022: €431k
2023: €454k
2024: €455k
2019 → 2025
Net result
€29k▼ 45.8%
2024 · €53k
2019: €429
2020: €24k
2021: €22k
2022: €11k
2023: €47k
2024: €53k
2019 → 2025
Working capital
€85k▲ 50.6%
2024 · €56k
2019: €-73k
2020: €-55k
2021: €43k
2022: €-2k
2023: €47k
2024: €56k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€106k▼ 14.6%€152k▲ 44.1%€172k▲ 13.1%€200k▲ 16.1%
Operating result€43k-€22k▼ 49.2%€70k▲ 222%€76k▲ 7.7%€50k▼ 34.1%
Net result€22k-€11k▼ 48.9%€47k▲ 317%€53k▲ 10.9%€29k▼ 45.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476k
Fixed assets
€348k▼ 3.0%
Current assets
€128k▲ 33.4%
Equity and liabilities €476k
Equity
€200k▲ 16.1%
Debt
€276k▼ 2.3%
The debt ratio falls from 62.1% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €88k
Cash flow
€41k▼
2024 · €65k
Solvency
42.0%▲
2024 · 37.9%
Current ratio
2.94▲
2024 · 2.41
Quick ratio
2.94▲
2024 · 2.41
Debt / equity
1.38▼
2024 · 1.64
ROE
14.3%▼
2024 · 30.5%
ROA
6.0%▼
2024 · 11.6%
Interest coverage
18.48▲
2024 · 17.95
Debt
€276k▼
2024 · €283k
Debt ≤ 1 year
€44k▲
2024 · €40k
Debt > 1 year
€227k▼
2024 · €241k
Income taxes
€19k▼
2024 · €19k
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€455k€476k▲
Fixed assets21/28€359k€348k▼
Tangible fixed assets22/27€359k€348k▼
Land and buildings22€357k€346k▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€96k€128k▲
Amounts receivable within one year40/41€66k€31k▼
Trade receivables40€62k€27k▼
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€28k€95k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€455k€476k▲
Equity10/15€172k€200k▲
Contributions10/11€19k€19k=
Reserves13€154k€181k▲
Distributable reserves133€154k€181k▲
Amounts payable17/49€283k€276k▼
Amounts payable after more than one year17€241k€227k▼
Financial debts170/4€241k€227k▼
Amounts payable within one year42/48€40k€44k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€19k€22k▲
Taxes450/3€19k€17k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€833€833=
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€11k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€94k€63k▼
Operating profit (loss)9901€76k€50k▼
Financial income75/76B€832€508▼
Recurring financial income75€832€508▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€72k€47k▼
Income taxes67/77€19k€19k▼
Profit (loss) for the period9904€53k€29k▼
Profit (loss) for the period to be appropriated9905€53k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€29k▼
Transfer from equity791/2€32k-
Transfer to equity691/2€52k€28k▼
To other reserves6921€52k€28k▼
Profit to be distributed694/7€33k€833▼
Return on contributions (dividend)694€33k€833▼
The notes to these accounts (7 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
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €200kEq €200k ▲16.1%
7 profitable years in a row build equity to €200k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €53k ▲10.9%
Operating result €76k, net result €53k, both a record.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 2.01
Current ratio from 0.97 to 2.01; short-term debt falls from €56k to €47k.
30-06
Financial
Equity above €150kEq €152k ▲44.1%
5 profitable years in a row build equity to €152k.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 1.80
Current ratio from 0.47 to 1.80; short-term debt falls from €105k to €54k.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €102k ▲26.1%
2 profitable years in a row build equity to €102k.
11-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Kortrijk · 1 establishment unit since 2014
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.
Doorniksewijk(Kor) 688500 KortrijkGround area
3,624 m²
Building footprint
718 m²
Volume, LiDAR
4,267 m³
2 parcels, Flanders · tallest building 18.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MIDUNIA
since 20142.235.457.446
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E1116/00A000 | Flanders | 2,085 m² | 1 · 434 m² | 18.0 m · 2 fl. |
| 34033C0254/00Y000 | Flanders | 1,539 m² | 1 · 283 m² | 8.7 m · 2 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,046 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2014
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.