Financials
- Fiscal year
- 2024
- Total assets
- €2.6m
- Profit
- €172,071
- Solvency
- 18.3%
Total assets▲ 10.7%
Net result
20212024
MIDYAT LOGISTICS
ActiveSummary
MIDYAT LOGISTICS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €482,542 and a net result of €172,071. Equity is growing by ~71.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 4626 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
Size
€2.6mtotal assets 2024
- Equity
- €482,542
- Profit
- €172,071
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 64- Figures for FY 2024 (filed 24-06-2025)- Liquidity: current ratio 1.45, cash €3,528, halved+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Size: total assets €2.6mShow the evidence
Checked score
Score 2024
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 47% of its sector peers (NACE 70, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
43+5
equity 18.3% of total assets
Liquidity
28-3
short-term debt 44.8% · cash 0.1%
Profitability
73-5
return on assets 6.5%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● 0.0% vs 11-2024lowest value
01-2025: 0.1%● 0.0% vs 12-2024lowest value
02-2025: 0.1%▲ +1.8% vs 01-2025
03-2025: 0.1%▲ +5.4% vs 02-2025
04-2025: 0.1%▲ +11.0% vs 03-2025
05-2025: 0.2%▲ +16.0% vs 04-2025
06-2025: 0.2%▲ +16.4% vs 05-2025
07-2025: 0.2%▲ +24.9% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%▼ -0.9% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.9% vs 12-2025
02-2026: 0.2%● 0.0% vs 01-2026
03-2026: 0.3%▲ +19.8% vs 02-2026
04-2026: 0.3%▲ +8.1% vs 03-2026
05-2026: 0.3%▲ +5.0% vs 04-2026
06-2026: 0.3%▲ +5.4% vs 05-2026
07-2026: 0.3%▲ +3.2% vs 06-2026
08-2026: 0.6%▲ +79.1% vs 07-2026
09-2026: 0.8%▲ +31.5% vs 08-2026
10-2026: 1.3%▲ +74.7% vs 09-2026highest value
- Figures for FY 2024 (filed 24-06-2025) raises the probability
- Liquidity: current ratio 1.45, cash €3,528, halved raises the probability
- Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
- Size: total assets €2.6m lowers the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.39 in 2023; short-term debt: 44.8% and cash: 0.1% of total assets), and 81.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, small). Better than this share of them on solvency 19%, liquidity 14%, profitability 65%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 4626 sector peers (2024).
NBB · sector comparisonPosition among 4626 sector peers
Solvency
better than 23%
← weakest
strongest →
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 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
13 d early
2022
23 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Highest result since 2021net €172,071 ▲2.4%
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- 23-06-2025Annual accounts filed
- 31-12-2024Highest result since 2021
- 18-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 30-09-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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