Equity
€463,637 ▲ 6.7%
-MIDI has made a profit without a break since 2016.
SFAR-MIDI
Part of the group
22 companies
Lifetime
15 annual accounts with figures on one time axis, 16 filings since 2010peak €11.0m (2016)
-not published
lowest -€31,790 (2013)
€29,214▼ 54.9%
peak €463,637 (2025)
€463,637▲ 6.7%
€21.5m▼ 4.1%
Board7 names since 2017
2 directors and 1 other
Owners2 names in the annual accounts
99.84% and 1 other
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Result from €64,722 to €29,214Permanent representatives: , and 03-10Cash from €125,230 to €6,936
Key points
from the 2025 annual accountsTurnover
≈ €62,000 estimated
The accounts state no turnover.
Debts
€21.5m 98% of the balance sheet
Financial debts 90%Suppliers 0%Taxes and wages 0%Other 9%
Of this, €1.2m falls due within a year.
Filings
16 annual accounts since 2010
Two of the last ten came late. The 2023 accounts came latest: 120 days after the end of the period.
At the same address
124 companies
Position in the sector
2.1%
Lower solvency than 80% of companies in real estate. Sector median 30.2% · 12,430 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 191 companies had the same profile as SFAR-MIDI has now. Each dot is one company, two years later.
97.9%
were still trading
1.6%
stopped another way
0.5%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 191 companies, not a prediction for SFAR-MIDI. 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
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Signals
Board and ownership
Director, since 12-03-2025
Director,
Auditor
- 99.84%score equity €4.4m (2025) · annual accounts 2025
- 0.16%equity €246.6m (2025) · annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0823472887
Permanent representatives: , and
Board meeting of 2025-07 · Gazette deed
Reappointment: (statutory auditor)
holds all the shares · holds 99% of the shares · General meeting of 27-12-2023 · Gazette deed
Registered office moved within Brussels
New registered office: rue aux Laines 70, 1000 Bruxelles (Belgique) · Previous registered office: rue de Stassart 32, 1050 Bruxelles (Belgique) · Permanent representatives: , , and · Board meeting of 15-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SFAR-MIDI Brussels | €22.0m | €21,872 | 2.1% | - |
| AL-WATOOL Tervuren | €11.3m | €52,139 | -5.2% | - |
| IBERIS Ghent | €27.1m | €40,046 | 64.7% | 2 |
| EVERE GREEN Evere | €3.0m | €119,560 | 23.6% | - |
| BATI + Chaudfontaine | €3.8m | €32,148 | 52.5% | 1.6 |
| K-R-INVEST Herentals | €2.9m | €4,246 | 85.7% | - |
| JM Holding Lier | €5.2m | €213,791 | 74.3% | 2.8 |
These companies have the same main activity as -MIDI: real estate activities (NACE 68202). They are comparable in size and age: total assets between €2.9m and €27m, founded between 1987 and 2012.
Official details
Source: KBO- Status
- Active since 26-02-2010Normal situation
- Registered office
- 125 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 15 November 2026.
- Activity
- Real estate activitiesNACE 68202and 1 other
- Establishment unit
- 2.299.468.9341000 Brussels, since 26-02-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 24-03-2026
Annual accounts 2025
- €22.0m▼ 3.9%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Companies linked to SFAR-MIDI
Parent and group
Insights on SFAR-MIDI
-MIDI has existed since 2010. In 2016 turnover rose from €13,455 to €11.0m.
. holds all the shares.
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 SFAR-MIDI
- What is the company number of SFAR-MIDI?
- The company number of -MIDI is 0823.472.887. The VAT number is the same number with BE in front: BE 0823.472.887.
- Where is SFAR-MIDI based?
- The registered office is at Wolstraat 70, 1000 Brussels.Company details
- What does SFAR-MIDI do?
- According to the KBO register, the main activity is real estate activities (NACE 68202).
- What is the legal form of SFAR-MIDI?
- -MIDI is a public limited company (NV).
- When was SFAR-MIDI founded?
- -MIDI was founded on 26-02-2010.
- Is SFAR-MIDI still active?
- Yes, -MIDI is an active enterprise in the KBO register.
- What is the turnover of SFAR-MIDI?
- The turnover in financial year 2025 is ≈ €62,000. This figure is estimated from the gross margin of €21,872 and 66 comparable companies (NACE 682). It probably lies between €33,000 and €120,000. It is a rough estimate. In financial year 2018 turnover was €26,599.Financials
- Is SFAR-MIDI profitable?
- In financial year 2025, -MIDI made a profit of €29,214.
- Where can I find the annual accounts of SFAR-MIDI?
- -MIDI filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SFAR-MIDI due?
- -MIDI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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