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MIDW3

Active Private limited companyfounded 1997active for 29 yearsVoshollei 57, 2930 BrasschaatKBO/BCE: BE 0460.760.391 #3 company by total assets in Brasschaat, Telecoms and IT sector

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1997
peak €4,091 (2021)
-€10,280▲ €44,884
lowest -€160,666 (2016)
-€81,315▼ €332,162
peak €588,537 (2007)
€482,889▼ 14.4%
€2.8m▲ 0.5%
peak 2 FTE (2007)
-not published
Board1 name since 1997
1 directorDREESMANN Anton
Documentsfilings and deeds
26-01-20265 days before the deadline
2025micro format
Gross margin from -€55,164 to -€10,280Loss of €81,315Equity from €564,204 to €482,889

Key points

from the 2025 annual accounts

Result

-€81,315 -€81,315
€251,0002024-€81,3002025

From profit to loss in 2025, after a profit of €250,847 in 2024.

Debts

€2.8m 86% of the balance sheet
After one year 51%Within one year 49%

Of this, €1.4m falls due within a year.

Position in the sector

-€81,315

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.

Turnover not published (micro format)

Checked score

79
Excellent
Financially stronger than 21% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.2%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.7%▼ -0.5 percentage points vs 01-2025 03-2025: 0.3%▼ -0.4 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.2 percentage points vs 12-2025 02-2026: 0.3%▼ -0.2 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Weak

39-3equity 14.5% of total assets
30-1short-term debt 42.2% · cash 0.2%
31-25return on assets -2.4%

Score breakdown

raises risk
Liquidity: current ratio 1.92, cash €6,375
1 of the last 3 accounts late
Loss of €81,315 (financial year 2025)
lowers risk
Size: total assets €3.3m
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 62, small). It does better than 22% of them on solvency, 26% on liquidity, 21% on profitability and 17% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 2,507 companies had the same profile as MIDW3 has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MIDW3 itself: 0.4% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,507 companies, not a prediction for MIDW3. 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 €35,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.92 (1.83 in 2024), above the usual 1.5. Short-term debt is 42.2% and cash 0.2% of total assets. However, 85.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.92, cash €6,375
NBB · annual accounts
lowers risk · Size: total assets €3.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €81,315 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 21208 sector peers (2025).
NBB · sector comparison
Position among 21208 sector peers
Solvency
better than 17%
← 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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
4 days early
2023
106 days late
2022
1 day early
2021
3 days early
2020
12 days early
2019
10 days late
← 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 13 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DA
Director, since 04-09-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0460760391
Change of role: DREESMANN Anton, from voormalig statutair zaakvoerder to director “Het verlenen van computernetwerkdiensten, en alle daarmee verband houdende diensten en leveringen van…” (deed in Dutch) · Director discharge: DREESMANN Anton · General meeting of 04-09-2023 · Gazette deed
Registered office moved from Antwerp to Brasschaat New registered office: Voshollei 57, 2930 Brasschaat · Previous registered office: Uitbreidingstraat 84 bus 3, 2600 Antwerpen · Board meeting of 15-12-2022 · Gazette deed
First establishment Voshollei 57, Brasschaat
All 37 events

Comparable companies

same main activity, similar in size and age
Company
MIDW3 Brasschaat €3.3m -€0.01m 14.5% -
Duval Consulting Services Schilde €3.9m -€0.05m 82.1% -
B.V.B.A. WIM UYTTERSPROT Buggenhout €2.7m -€0.008m 99.5% -
DOGGYBITES Ghent €2.4m -€1.3m -335.1% -
MIND SERVER Antwerp €6.0m -€0.05m 82.6% -
SPARNEX INSTRUMENTS Antwerp €2.0m -€0.005m -70.2% -
SENTIANCE Antwerp €1.5m -€2.1m -312.6% 18.3

These companies have the same main activity as MIDW3: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.5m and €6m, founded between 1994 and 2008.

Official details

Source: KBO
Status
Active since 30-05-1997Normal situation
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.082.589.7032930 Brasschaat, since 10-07-1997
Financial year end
30 June
Peppol
Reachable since 04-11-2025
Company details

Annual accounts to 30-06-2025

€3.3m▼ 2.0%
Filing
Filed on 26-01-2026, 5 days before the end of the filing period
Financials

Insights on MIDW3

MIDW3 files the micro format. That format states no turnover. The gross margin rose from -€10,793 in 2007 to -€10,280 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 MIDW3

What is the company number of MIDW3?
The company number of MIDW3 is 0460.760.391. The VAT number is the same number with BE in front: BE 0460.760.391.
Where is MIDW3 based?
The registered office is at Voshollei 57, 2930 Brasschaat.Company details
What does MIDW3 do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of MIDW3?
MIDW3 is a private limited company (BV).
When was MIDW3 founded?
MIDW3 was founded on 30-05-1997.
Is MIDW3 still active?
Yes, MIDW3 is an active enterprise in the KBO register.
What is the turnover of MIDW3?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MIDW3 profitable?
In financial year 2025, MIDW3 made a loss of €81,315.
Where can I find the annual accounts of MIDW3?
MIDW3 filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIDW3 due?
MIDW3 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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