MIDO
ActiveMIDO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €3k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 13061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency92▲+9
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.55 in 2024), and 47.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
1.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
13 d early
2023
16 d early
2022
on the day
2021
2 d early
2020
17 d late
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€110k▲ 3.1%
2024 · €107k
2018: €33k
2019: €43k
2020: €60k
2021: €76k
2022: €99k
2023: €117k
2024: €107k
2018 → 2025
Total assets
€209k▼ 6.8%
2024 · €225k
2018: €76k
2019: €60k
2020: €94k
2021: €116k
2022: €159k
2023: €207k
2024: €225k
2018 → 2025
Net result
€3k
2024 · €-10k
2018: €9k
2019: €10k
2020: €17k
2021: €16k
2022: €23k
2023: €18k
2024: €-10k
2018 → 2025
Working capital
€70k▲ 26.0%
2024 · €56k
2018: €-13k
2019: €10k
2020: €41k
2021: €38k
2022: €45k
2023: €68k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€99k▲ 30.1%€117k▲ 17.6%€107k▼ 8.6%€110k▲ 3.1%
Operating result€17k-€35k▲ 107%€27k▼ 23.4%€-7k€12k
Net result€16k-€23k▲ 39.4%€18k▼ 23.9%€-10k€3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€49k▼ 25.6%
Current assets
€160k▲ 1.2%
Equity and liabilities €209k
Equity
€110k▲ 3.1%
Debt
€99k▼ 15.7%
The debt ratio falls from 52.5% to 47.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€36k▲
2024 · €15k
Cash flow
€28k▲
2024 · €11k
Solvency
52.6%▲
2024 · 47.5%
Current ratio
1.78▲
2024 · 1.55
Quick ratio
1.75▲
2024 · 1.47
Debt / equity
0.90▼
2024 · 1.10
ROE
3.0%▲
2024 · -9.4%
ROA
1.6%▲
2024 · -4.5%
Interest coverage
26.91▲
2024 · 8.40
Debt
€99k▼
2024 · €118k
Debt ≤ 1 year
€90k▼
2024 · €102k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€7k▲
2024 · €2k
Staff costs
€63k▼
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€225k€209k▼
Fixed assets21/28€66k€49k▼
Tangible fixed assets22/27€49k€32k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€41k€20k▼
Other tangible fixed assets26€4k€6k▲
Financial fixed assets28€17k€17k=
Current assets29/58€158k€160k▲
Amounts receivable after more than one year29€114k€114k=
Trade receivables290€0-
Other amounts receivable291€114k€114k=
Stocks and contracts in progress3€8k€3k▼
Stocks30/36€8k€3k▼
Amounts receivable within one year40/41€23k€34k▲
Other amounts receivable41€23k€34k▲
Cash at bank and in hand54/58€11k€8k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€225k€209k▼
Equity10/15€107k€110k▲
Contributions10/11€19k€19k=
Reserves13€88k€92k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€86k€90k▲
Amounts payable17/49€118k€99k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€102k€90k▼
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€53k€35k▼
Suppliers440/4€53k€35k▼
Taxes, remuneration and social security45€28k€46k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9€20k€33k▲
Other amounts payable47/48€12k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€92k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k▲
Other operating charges640/8€4k€8k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€112k€107k▼
Operating profit (loss)9901€-7k€12k▲
Financial income75/76B€99€59▼
Recurring financial income75€99€59▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-8k€11k▲
Income taxes67/77€2k€7k▲
Profit (loss) for the period9904€-10k€3k▲
Profit (loss) for the period to be appropriated9905€-10k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€3k▲
Transfer from equity791/2€10k€0▼
Transfer to equity691/2€0€3k▲
To other reserves6921€0€3k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k ▼158%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €117k ▲17.6%
6 profitable years in a row build equity to €117k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €23k ▲39.4%
Operating result €35k, net result €23k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.57
Current ratio from 0.71 to 1.57; short-term debt falls from €43k to €17k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapellensteenweg (C) 2502920 KalmthoutGround area
280 m²
Building footprint
257 m²
Volume, LiDAR
1,542 m³
Parcel 11022G0474/00M007, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapellensteenweg (C) 252, 2920 Kalmthout
since 20142.231.499.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0474/00M007 | Flanders | 280 m² | 1 · 257 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKalmthout2.231.499.351
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2012
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.