MIDAR -LAND
The computed 12-month bankruptcy probability of MIDAR -LAND is 1.9% (moderate). The 2024 annual accounts show equity of €51k and a net result of €7k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 6720 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €51k |
| Net result | €7k |
| Better than sector | 69% |
| Active | 15 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.6% | 20.4% | |
| Net result | €7k | €4k | |
| Equity | €51k | €16k | |
| Gross operating margin | €9k | €24k | |
| Total assets | €126k | €94k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €80k |
| EBITDA | - |
| Net profit | €7k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €70 |
| Dividends | - |
| Total assets | €126k |
| Equity | €51k |
| Debt | €75k |
| of which ≤ 1y | €75k |
| of which > 1y | - |
| Working capital | €51k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.68 |
| Quick ratio | 0.20 |
| Working capital ratio | 40.5% |
| Solvency | 40.6% |
| Debt / equity | 1.46 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 9.3% |
| Net margin | 9.2% |
| ROA | 5.8% |
| ROE | 14.4% |
| EBITDA margin | - |
| Days sales outstanding | 24d |
| Days payable outstanding | 73d |
| Inventory turnover | 0.66 |
| Days inventory (DSI) | 557d |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €126k |
| Fixed assets | 21/28 | €200 |
| Financial fixed assets | 28 | €200 |
| Current assets | 29/58 | €126k |
| Stocks & contracts in progress | 3 | €110k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €126k |
| Equity | 10/15 | €51k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €31k |
| Amounts payable | 17/49 | €75k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Turnover | 70 | €80k |
| Gross operating margin | 9900 | €9k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €607 |
| Result before taxes | 9903 | €7k |
| Income taxes | 67/77 | €70 |
| Net result for the period | 9904 | €7k |
| Result to be appropriated | 9905 | €7k |
-
EL BOUNJATI AzzedineDirectorState Gazette act 24111712 (24-07-2024)Current01-07-2024 → present
-
EL BOUNJATI NacirDirectorState Gazette act 24403645 (07-06-2024)Current07-06-2024 → present
2 events
- 07-06-2024 Appointed· Director
- 13-02-2023 Resigned· Director
Former directors (1)
-
EL BOUNJATI AbdelmajidDirectorState Gazette act 24403645 (07-06-2024)Former07-06-2024 → 30-06-2024
2 events
- 30-06-2024 Resigned· Director
- 07-06-2024 Appointed· Director
| NACE primary | Detailhandel in overig textiel(47519) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2010 |
| Status | Active |
| Postal code | 1060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0242/00N000 | Brussels | 120 m² | 1 · 130 m² | 20.6 m · 6 fl. |
| 21013B0242/00G000 | Brussels | 118 m² | 1 · 120 m² | 20.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-07-2024 1 director appointed, 1 resigning
- EL BOUNJATI Azzedine, Bestuurder
- EL BOUNJATI Abdelmajid, Bestuurder
Technical details
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"office_city": "Bruxelles",
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"act_meta": {
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"body": "algemene_vergadering",
"date": "2024-07-01",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0829.956.942",
"name_full": "MIDAR-LAND",
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"corrected_publication_numac": null
}07-06-2024 2 directors appointed
- EL BOUNJATI Abdelmajid, Bestuurder
- EL BOUNJATI Nacir, Bestuurder
Technical details
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"address": "1070 Anderlecht, Avenue du Luizenmolen 2/A 6",
"birth_date": "1976-10-01",
"profession": null,
"birth_place": "Douar Timadghart-Midar, Maroc"
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"address": "1140 Evere, Av. de la Hallebarde 18",
"birth_date": "1970",
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"birth_place": "Midar, Maroc"
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],
"notary": {
"name": "Damien COLLON-WINDELINCKX",
"firm_city": null,
"firm_name": null,
"office_city": "Etterbeek",
"is_associated": false
},
"act_meta": {
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"pub_date": "2024-06-07",
"filing_date": "2024-06-05",
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"person_name": "Louis Ivan MAILLARD",
"org_rep_person_name": null,
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},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 07/06/2024 - Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}13-02-2023 All shares are now held by a single shareholder
Technical details
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"n_shares_destroyed": null,
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"merger_exchange_ratio": null,
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}| Legal nameFR | MIDAR -LAND |