VERVAET MIDAS
ActiveSummary
VERVAET MIDAS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,744 and a net result of €39,077. Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-03-2023 Normal situation
- Activity
- General electrical installation work NACE 43211
- Establishment unit
- 2.343.447.843 9080 Lochristi, since 29-03-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 17-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €60,843
- ▲ 41.3%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €39,077
- ▲ 41.2%
- Equity
- €69,744
- ▲ 127%
- Total assets
- €72,611
- ▼ 17.4%
- 2026 accounts not filed, 2 days past the deadline
Score breakdownraises riskFounded in 2023Figures for financial year 2025 (filed on 30-10-2025)lowers riskLiquidity: current ratio 19.02, cash €46,593Equity €69,744 (96.1% of total assets)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 92% on profitability and 93% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 2 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies 96.1% View
Recent changes
- · Gazette deed IncorporationStarting capital €3,000 · Appointment: Vervaet Midas (director)
Comparable companies
These companies have the same main activity as VERVAET MIDAS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €65,900 and €83,600, founded between 2022 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| VERVAET MIDAS Lochristi | €72,611 | €60,843 |
| SahrEmes Lokeren | €76,871 | €57,205 |
| HMDL Group Zelzate | €81,945 | €58,029 |
| SkillForce Evergem | €65,946 | €59,496 |
| TUNCA Gent | €83,558 | €58,625 |
| EL HISSAOUI Merelbeke-Melle | €74,794 | €72,239 |
| TXC 3D Construct Beveren-Kruibeke-Zwijndrecht | €81,609 | €50,554 |
Key facts about VERVAET MIDAS
- What is the company number of VERVAET MIDAS?
- The company number of VERVAET MIDAS is 0800.079.358. The VAT number is the same number with BE in front: BE 0800.079.358.
- Where is VERVAET MIDAS based?
- The registered office is at Beervelde-Dorp 31, 9080 Lochristi.Company details
- What does VERVAET MIDAS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VERVAET MIDAS?
- The legal form of VERVAET MIDAS is Private limited company (BV).
- When was VERVAET MIDAS founded?
- VERVAET MIDAS was founded on 29-03-2023.
- Is VERVAET MIDAS still active?
- Yes, VERVAET MIDAS is an active enterprise in the KBO register.
- What is the turnover of VERVAET MIDAS?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €60,843 and 42 comparable companies (NACE 43211). It probably lies between €150,000 and €360,000.Financials
- Is VERVAET MIDAS profitable?
- In financial year 2025, VERVAET MIDAS made a profit of €39,077.
- Where can I find the annual accounts of VERVAET MIDAS?
- VERVAET MIDAS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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