MIDRANGE INTEGRATIONS
ActiveSummary
MIDRANGE INTEGRATIONS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €95k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 82% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 14.3 against 10.68 in 2024; short-term debt: 5.4% and cash: 10.3% of total assets), and 14.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
85.9%
Return on assets
5.8%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.41M▲ 14.9%
2024 · €1.23M
2018: €362klowest in 8 years
2019: €485k▲ +33.9% vs 2018
2020: €611k▲ +25.8% vs 2019
2021: €752k▲ +23.2% vs 2020
2022: €1.03M▲ +36.7% vs 2021
2023: €1.17M▲ +13.9% vs 2022
2024: €1.23M▲ +4.6% vs 2023
2025: €1.41M▲ +14.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.64M▲ 10.0%
2024 · €1.49M
2018: €437klowest in 8 years
2019: €943k▲ +116% vs 2018
2020: €1.31M▲ +38.8% vs 2019
2021: €1.31M▼ -0.1% vs 2020
2022: €1.26M▼ -3.6% vs 2021
2023: €1.37M▲ +8.3% vs 2022
2024: €1.49M▲ +9.1% vs 2023
2025: €1.64M▲ +10.0% vs 2024highest in 8 years
2018 → 2025
Net result
€95k▼ 28.6%
2024 · €132k
2018: €30klowest in 8 years
2019: €153k▲ +416% vs 2018
2020: €135k▼ -11.4% vs 2019
2021: €86k▼ -36.6% vs 2020
2022: €276k▲ +222% vs 2021highest in 8 years
2023: €143k▼ -48.2% vs 2022
2024: €132k▼ -7.4% vs 2023
2025: €95k▼ -28.6% vs 2024
2018 → 2025
Working capital
€1.19M▲ 8.5%
2024 · €1.09M
2018: €43k
2019: €-197k▼ -555% vs 2018lowest in 8 years
2020: €5k▲ +102% vs 2019
2021: €64k▲ +1312% vs 2020
2022: €945k▲ +1377% vs 2021
2023: €1.08M▲ +14.8% vs 2022
2024: €1.09M▲ +0.9% vs 2023
2025: €1.19M▲ +8.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€752k-€1.03M▲ 36.7%€1.17M▲ 13.9%€1.23M▲ 4.6%€1.41M▲ 14.9%
2021: €752klowest in 5 years
2022: €1.03M▲ +36.7% vs 2021
2023: €1.17M▲ +13.9% vs 2022
2024: €1.23M▲ +4.6% vs 2023
2025: €1.41M▲ +14.9% vs 2024highest in 5 years
Operating result€134k-€411k▲ 206%€197k▼ 52.0%€166k▼ 15.6%€115k▼ 30.8%
2021: €134k
2022: €411k▲ +206% vs 2021highest in 5 years
2023: €197k▼ -52.0% vs 2022
2024: €166k▼ -15.6% vs 2023
2025: €115k▼ -30.8% vs 2024lowest in 5 years
Net result€86k-€276k▲ 222%€143k▼ 48.2%€132k▼ 7.4%€95k▼ 28.6%
2021: €86klowest in 5 years
2022: €276k▲ +222% vs 2021highest in 5 years
2023: €143k▼ -48.2% vs 2022
2024: €132k▼ -7.4% vs 2023
2025: €95k▼ -28.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€362k ▲ 28.1%
Current assets
€1.28M ▲ 5.7%
Equity and liabilities €1.64M
Equity
€1.41M ▲ 14.9%
Debt
€232k ▼ 12.6%
Debt's share of the balance-sheet total falls from 17.8% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▼
2024 · €184k
Cash flow
€104k▼
2024 · €150k
Current ratio
14.30▲
2024 · 10.68
Debt to equity
0.16▼
2024 · 0.22
ROE
6.7%▼
2024 · 10.8%
ROA
5.8%▼
2024 · 8.9%
Interest coverage
22.63▼
2024 · 57.33
Debt ≤ 1 year
€89k▼
2024 · €113k
Debt > 1 year
€142k▼
2024 · €152k
Income taxes
€37k▼
2024 · €56k
Staff costs
€13k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.49M€1.64M▲
Fixed assets21/28€283k€362k▲
Tangible fixed assets22/27€283k€362k▲
Land and buildings22€280k€362k▲
Furniture and vehicles24€2k€538▼
Financial fixed assets28€61€61=
Current assets29/58€1.21M€1.28M▲
Amounts receivable after more than one year29€213k€213k=
Trade receivables290€213k€213k=
Amounts receivable within one year40/41€64k€120k▲
Trade receivables40€63k€97k▲
Other amounts receivable41€1k€23k▲
Current investments50/53€857k€775k▼
Cash at bank and in hand54/58€72k€169k▲
Deferred charges and accrued income490/1€3k€330▼
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.64M▲
Equity10/15€1.23M€1.41M▲
Contributions10/11€62k€62k=
Revaluation surpluses12-€88k
Reserves13€863k€958k▲
Distributable reserves133€863k€958k▲
Profit (loss) carried forward14€300k€300k=
Amounts payable17/49€265k€232k▼
Amounts payable after more than one year17€152k€142k▼
Financial debts170/4€152k€142k▼
Amounts payable within one year42/48€113k€89k▼
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€16k€7k▼
Suppliers440/4€16k€7k▼
Taxes, remuneration and social security45€6k€19k▲
Taxes450/3€6k€19k▲
Other amounts payable47/48€79k€52k▼
Income statement
Code20242025
Remuneration, social security and pensions62€13k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€10k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€198k€140k▼
Operating profit (loss)9901€166k€115k▼
Financial income75/76B€25k€21k▼
Recurring financial income75€25k€21k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€188k€131k▼
Income taxes67/77€56k€37k▼
Profit (loss) for the period9904€132k€95k▼
Profit (loss) for the period to be appropriated9905€132k€95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€511k€395k▼
Profit (loss) brought forward from the previous period14P€379k€300k▼
Transfer to equity691/2€132k€95k▼
To other reserves6921€132k€95k▼
Profit to be distributed694/7€79k-
Return on contributions (dividend)694€79k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €23k | €271k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €8k | €8k | €13k | €13k | ▲ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €22k | €12k | €17k | €10k | ▼ 43.7% |
| Other operating charges640/8 | €2k | €1k | €2k | €2k | €2k | ▲ 4.5% |
| Non-recurring operating charges66A | - | €3k | - | - | - | - |
| Gross operating margin9900 | €164k | €445k | €219k | €198k | €140k | ▼ 29.6% |
| Operating profit (loss)9901 | €134k | €411k | €197k | €166k | €115k | ▼ 30.8% |
| Financial income75/76B | €308 | €1k | €12k | €25k | €21k | ▼ 14.2% |
| Recurring financial income75 | €308 | €1k | €12k | €25k | €21k | ▼ 14.2% |
| Financial charges65/66B | €14k | €12k | €4k | €3k | €6k | ▲ 72.1% |
| Recurring financial charges65 | €14k | €12k | €4k | €3k | €6k | ▲ 72.1% |
| Profit (loss) for the period before taxes9903 | €121k | €401k | €205k | €188k | €131k | ▼ 30.4% |
| Income taxes67/77 | €35k | €124k | €62k | €56k | €37k | ▼ 34.5% |
| Profit (loss) for the period9904 | €86k | €276k | €143k | €132k | €95k | ▼ 28.6% |
| Profit (loss) for the period to be appropriated9905 | €86k | €276k | €143k | €132k | €95k | ▼ 28.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.31M | €1.26M | €1.37M | €1.49M | €1.64M | ▲ 10.0% |
| Fixed assets21/28 | €1.19M | €257k | €249k | €283k | €362k | ▲ 28.1% |
| Tangible fixed assets22/27 | €1.19M | €257k | €249k | €283k | €362k | ▲ 28.1% |
| Land and buildings22 | €1.19M | €250k | €243k | €280k | €362k | ▲ 28.9% |
| Furniture and vehicles24 | €3k | €7k | €6k | €2k | €538 | ▼ 75.8% |
| Financial fixed assets28 | €61 | €61 | €61 | €61 | €61 | = |
| Current assets29/58 | €114k | €1.00M | €1.12M | €1.21M | €1.28M | ▲ 5.7% |
| Amounts receivable after more than one year29 | - | €223k | €218k | €213k | €213k | = |
| Trade receivables290 | - | €223k | €218k | €213k | €213k | = |
| Amounts receivable within one year40/41 | €37k | €69k | €43k | €64k | €120k | ▲ 87.7% |
| Trade receivables40 | €33k | €67k | €42k | €63k | €97k | ▲ 53.9% |
| Other amounts receivable41 | €4k | €3k | €1k | €1k | €23k | ▲ 2,146% |
| Current investments50/53 | - | €256k | €828k | €857k | €775k | ▼ 9.6% |
| Cash at bank and in hand54/58 | €77k | €456k | €25k | €72k | €169k | ▲ 136% |
| Deferred charges and accrued income490/1 | €834 | €325 | €3k | €3k | €330 | ▼ 87.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.31M | €1.26M | €1.37M | €1.49M | €1.64M | ▲ 10.0% |
| Equity10/15 | €752k | €1.03M | €1.17M | €1.23M | €1.41M | ▲ 14.9% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | - | - | - | €88k | - |
| Reserves13 | €311k | €588k | €731k | €863k | €958k | ▲ 11.0% |
| Distributable reserves133 | €311k | €588k | €731k | €863k | €958k | ▲ 11.0% |
| Profit (loss) carried forward14 | €379k | €379k | €379k | €300k | €300k | = |
| Amounts payable17/49 | €556k | €233k | €194k | €265k | €232k | ▼ 12.6% |
| Amounts payable after more than one year17 | €506k | €173k | €163k | €152k | €142k | ▼ 6.3% |
| Financial debts170/4 | €506k | €173k | €163k | €152k | €142k | ▼ 6.3% |
| Amounts payable within one year42/48 | €50k | €60k | €32k | €113k | €89k | ▼ 21.0% |
| Current portion of amounts payable after more than one year42 | €28k | €10k | €10k | €12k | €11k | ▼ 7.9% |
| Trade debts44 | €3k | €5k | €7k | €16k | €7k | ▼ 54.9% |
| Suppliers440/4 | €3k | €5k | €7k | €16k | €7k | ▼ 54.9% |
| Taxes, remuneration and social security45 | €19k | €33k | €14k | €6k | €19k | ▲ 213% |
| Taxes450/3 | €19k | €33k | €14k | €6k | €19k | ▲ 213% |
| Other amounts payable47/48 | - | €12k | - | €79k | €52k | ▼ 34.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86k | €276k | €143k | €132k | €95k | ▼ 28.6% |
| + Depreciation and write-downs630 | €28k | €22k | €12k | €17k | €10k | ▼ 43.7% |
| Operating cash flow (approximation) | €114k | €299k | €155k | €150k | €104k | ▼ 30.4% |
| Investment in fixed assets (approximation) | - | €915k | €-4k | €-51k | €-89k | ▼ 75.2% |
| Change in cash | - | €379k | €-430k | €46k | €98k | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 35.29
Current ratio from 16.80 to 35.29; short-term debt falls from €60k to €32k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €276k ▲222%
Operating result €411k, net result €276k, both a record.
31-12
Financial
Liquidity times 7current ratio 16.80
Current ratio from 2.27 to 16.80.
31-12
Financial
Equity above €1MEq €1.03M ▲36.7%
5 profitable years in a row build equity to €1.03M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 2.27
Current ratio from 1.01 to 2.27; short-term debt falls from €338k to €50k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €500kEq €611k ▲25.8%
3 profitable years in a row build equity to €611k.
Show earlier events
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2006
Ground area
1,000 m²
Building footprint
456 m²
Volume, LiDAR
11,078 m³
Parcel 21806F0371/00W005, Brussels · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
MIDRANGE INTEGRATIONS
since 20062.156.280.009
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0371/00W005 | Brussels | 1,000 m² | 1 · 456 m² | 32.1 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
875500WVQY915Z5CAK45
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 3,376 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.