ACTIVE

MIDAS

Financial year 2025 · closed on 30/09/2025
Net result
140,7 k €
+250.1% YoY
Revenue
1 M €
+2.8% YoY
Equity
206,8 k €
+167.6% YoY
Workforce
10,7 ETP
-10.1% YoY

What does MIDAS do?

MIDAS is a Public limited company incorporated in 1972. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Anderlecht. It employs on average 10,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.711.244
Incorporation
10/11/1972
Legal form
Public limited company
Registered office
Boulevard Paepsem 20
1070 Anderlecht · BruxellesSee on map
Contributed capital
4 000 000,00 €
Latest accounts
30/09/2025
Average workforce
10,7 ETP
Joint committees (5)
  • 112
  • 1120
  • 200
  • 2000
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableGood liquidityHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Revenue1 M €981,4 k €920 k €1,3 M €982 k €5,4 M €5,3 M €5 M €4,7 M €4,8 M €5,3 M €5,8 M €5,5 M €6,5 M €6,8 M €7,6 M €7,4 M €7,5 M €
EBITDA-12,4 k €124,5 k €29 k €-292,8 k €-482,5 k €-374,3 k €-25 k €-117 k €-219,4 k €-687,6 k €-862,4 k €271,4 k €-262,7 k €-290,1 k €-200,1 k €-517,5 k €-884,3 k €-231 k €
Operating result193,3 k €-29,3 k €-294 €-216,5 k €-206,7 k €-414,7 k €-173,7 k €-268,8 k €-407,5 k €-642,9 k €-425 k €-211 k €-499,6 k €-651,7 k €-536,5 k €-860,9 k €-1,5 M €-1 M €
Net result140,7 k €-93,8 k €-50,4 k €-225,2 k €-220,8 k €-433,4 k €-191,6 k €-282,1 k €-420,2 k €-413 k €-458,8 k €-251,2 k €-1,1 M €-690,9 k €-556,4 k €-1,1 M €-1,6 M €-990,9 k €
Balance sheet
Equity206,8 k €-305,9 k €-212,1 k €-161,7 k €63,5 k €286,2 k €419,6 k €91,2 k €93,3 k €77,5 k €80,5 k €89,2 k €-659,6 k €85,7 k €576,6 k €1,1 M €2,3 M €2,3 M €
Total assets2,7 M €3 M €2,9 M €2,7 M €2,2 M €2,3 M €2,9 M €2,7 M €2,8 M €2,5 M €2,4 M €2,8 M €3,2 M €3 M €3,3 M €4,1 M €6,1 M €5,2 M €
Cash610,3 k €124,2 k €525,1 k €627,5 k €509,1 k €380 k €463 k €583,2 k €702 k €989,1 k €874,9 k €828,6 k €1,1 M €225,3 k €282,6 k €555,9 k €2 M €536,7 k €
Debts2 M €2,6 M €2,6 M €2,5 M €1,4 M €1,6 M €1,7 M €1,7 M €1,6 M €1,3 M €1,6 M €2,4 M €3,5 M €2,6 M €2,3 M €2,4 M €3,4 M €2,5 M €
Other
Workforce10,7 ETP11,9 ETP13,9 ETP16,8 ETP19,8 ETP57,7 ETP55,9 ETP56,2 ETP56,0 ETP57,3 ETP58,0 ETP56,1 ETP56,8 ETP69,0 ETP74,6 ETP77,2 ETP80,5 ETP79,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 22 ended

Active mandates

Francois-Xavier Navarro

Managing director · since 02 mai 2025 · until 16 janvier 2029

Active
MESA S.P.A.

Director · since 30 septembre 2023 · until 15 janvier 2030

Represented by Alain Flipo

Active
Cédric Harivel

Managing director · since 20 février 2023 · until 02 mai 2025

Active

Ended mandates

Cédric Harivel

Managing director · since 20 février 2023 · until 20 janvier 2026

Ended
Hervé Pierre Léon Baillieul

Managing director · since 20 novembre 2020

Ended
MESA S.p.A.

Director · since 27 mars 2019 · until 21 janvier 2025 · 0556.741.891

Represented by Alain Flipo

Ended
MESA S.p.A.

Director · since 27 mars 2019 · until 21 janvier 2025

Represented by Alain FLIPO

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202613/03/202511/04/202410/03/202303/05/202230/04/2021
General meeting20/01/202628/02/202529/03/202420/02/202318/01/202219/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202520/01/202610/03/2026FrenchPDF
Full model30/09/202428/02/202513/03/2025FrenchPDF
Full model30/09/202329/03/202411/04/2024FrenchPDF
Full model30/09/202220/02/202310/03/2023DutchPDF
Full model30/09/202118/01/202203/05/2022DutchPDF
Full model30/09/202019/01/202130/04/2021DutchPDF
Full model30/09/201921/01/202026/02/2020DutchPDF
Full model30/09/201815/01/201917/01/2019DutchPDF
Full model30/09/201716/01/201813/03/2018DutchPDF
Full model30/09/201617/01/201722/02/2017DutchPDF
Full model30/09/201519/01/201609/02/2016DutchPDF
Full model30/09/201420/01/201523/01/2015DutchPDF
Full model30/09/201321/01/201414/02/2014DutchPDF
Full model30/09/201229/03/201317/04/2013DutchPDF
Full model30/09/201120/12/201113/03/2012DutchPDF
Full model30/09/201021/12/201022/03/2011DutchPDF
Full model30/09/200915/12/200926/03/2010DutchPDF
Full model30/09/200816/12/200817/02/2009DutchPDF
Full model30/09/200718/12/200717/03/2008DutchPDF
Full model30/09/200619/12/200622/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 22 ended

Active mandates

Francois-Xavier Navarro

Managing director · since 02 mai 2025 · until 16 janvier 2029

Active
MESA S.P.A.

Director · since 30 septembre 2023 · until 15 janvier 2030

Represented by Alain Flipo

Active
Cédric Harivel

Managing director · since 20 février 2023 · until 02 mai 2025

Active

Ended mandates

Cédric Harivel

Managing director · since 20 février 2023 · until 20 janvier 2026

Ended
Hervé Pierre Léon Baillieul

Managing director · since 20 novembre 2020

Ended
MESA S.p.A.

Director · since 27 mars 2019 · until 21 janvier 2025 · 0556.741.891

Represented by Alain Flipo

Ended
MESA S.p.A.

Director · since 27 mars 2019 · until 21 janvier 2025

Represented by Alain FLIPO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/10/2025
    DIVERSEN
    PDF
  • Mandates10/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/09/2019
    DIVERSEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025140,7 k €
  2. 2024
    Annual accounts 2024-93,8 k €
  3. 2023
    Annual accounts 2023-50,4 k €
  4. 2022
    Annual accounts 2022-225,2 k €
  5. 2021
    Annual accounts 2021-220,8 k €
  6. 2019
    Annual accounts 2019-433,4 k €
  7. 2018
    Annual accounts 2018-191,6 k €
  8. 2017
    Annual accounts 2017-282,1 k €
  9. 2016
    Annual accounts 2016-420,2 k €
  10. 2015
    Annual accounts 2015-413 k €
  11. 2014
    Annual accounts 2014-458,8 k €
  12. 2013
    Annual accounts 2013-251,2 k €
  13. 2012
    Annual accounts 2012-1,1 M €
  14. 2011
    Annual accounts 2011-690,9 k €
  15. 2010
    Annual accounts 2010-556,4 k €
  16. 2009
    Annual accounts 2009-1,1 M €
  17. 2008
    Annual accounts 2008-1,6 M €
  18. 2007
    Annual accounts 2007-990,9 k €
  19. 10/11/1972
    IncorporationPublic limited company