ACTIVE

MIDARMS

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Financial year 2025 · Closed on 31/12/2025

Net result723,1 k €+1,5 %over 1 year

Gross margin1,5 M €-0,9 %over 1 year

Equity4,9 M €+17,4 %over 1 year

Workforce6,3 ETP+1,6 %over 1 year

Identity

Source · BCE/KBO

MIDARMS is a Private limited company incorporated in 1986. Its main activity is: Wholesale of other household goods. Its registered office is in Visé. It employs on average 6,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0429.839.662
Incorporation: 13/11/1986
Legal form: Private limited company
Registered office: Rue Joseph Lhoest(CHE) 17
4602 Visé · WallonieSee on map
Contributed capital: 125 000,00 €
Latest accounts: 31/12/2025
Average workforce: 6,3 ETP

Activities (NACE)

46496Wholesale of other household goods· main 46496Wholesale of other household goods 47631Retail sale of music and video recordings in specialised stores 47783Other retail sale of new goods in specialised stores 51476Air transport

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,5 M €	-0.9%	1,5 M €	+15.8%	1,3 M €	-5.1%	1,3 M €	+12.2%	1,2 M €
EBITDA	1,1 M €	-2.0%	1,1 M €	+21.3%	904,8 k €	-9.9%	1 M €	+16.2%	864,2 k €
Operating result	1 M €	-0.3%	1 M €	+24.0%	819 k €	-7.0%	880,4 k €	+11.7%	787,9 k €
Net result	723,1 k €	+1.5%	712,4 k €	+28.2%	555,7 k €	-7.4%	599,8 k €	-6.0%	637,8 k €
Balance sheet
Equity	4,9 M €	+17.4%	4,1 M €	+20.8%	3,4 M €	+19.3%	2,9 M €	+26.3%	2,3 M €
Total assets	6 M €	+12.8%	5,3 M €	+13.8%	4,7 M €	+9.9%	4,3 M €	-29.9%	6,1 M €
Cash	1,2 M €	-8.5%	1,3 M €	+89.9%	673,6 k €	+34.7%	500,2 k €	-68.7%	1,6 M €
Debts	1,2 M €	-3.2%	1,2 M €	-5.1%	1,3 M €	-9.4%	1,4 M €	-63.3%	3,8 M €
Other
Workforce	6,3 ETP	+1.6%	6,2 ETP	0.0%	6,2 ETP	+3.3%	6,0 ETP	0.0%	6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Michel FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended
Mikael FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended
Yannick FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Mickael Fissette	Mandate2010 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	07/07/2025	03/06/2024	31/07/2023	04/07/2022	03/07/2021
General meeting	29/06/2026	07/06/2025	01/06/2024	30/06/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	07/06/2025	07/07/2025	French	PDF
Abridged model	31/12/2023	01/06/2024	03/06/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	04/06/2022	04/07/2022	French	PDF
Abridged model	31/12/2020	05/06/2021	03/07/2021	French	PDF
Abridged model	31/12/2019	06/06/2020	11/06/2020	French	PDF
Abridged model	31/12/2018	01/06/2019	05/06/2019	French	PDF
Abridged model	31/12/2017	02/06/2018	08/06/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	07/06/2017	French	PDF
Abridged model	31/12/2015	04/06/2016	22/06/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	07/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	20/06/2012	French	PDF
Abridged model	31/12/2010	04/06/2011	27/06/2011	French	PDF
Abridged model	31/12/2009	05/06/2010	25/06/2010	French	PDF
Abridged model	31/12/2008	06/06/2009	23/06/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	02/07/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	13/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Michel FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended
Mikael FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended
Yannick FISSETTE	Directorsince 16/12/2021Mandate2020 accountsended

Ended mandates

Director	Mandates in this company	Period
Mickael Fissette	Mandate2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/12/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Capital / shares30/12/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares27/10/2005
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Michel FISSETTE

Yannick FISSETTE

Mikael FISSETTE

Mickael Fissette

19861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MIDARMS

Rue Joseph Lhoest(CHE) 17, 4602 Cheratte

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Joseph Lhoest(CHE) 17, 4602 CheratteCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00280501

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MIDARMSCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00280501

Events

2025
Annual accounts 2025723,1 k €↑
2024
Annual accounts 2024712,4 k €↑
2023
Annual accounts 2023555,7 k €↓
2022
Annual accounts 2022599,8 k €↓
2021
Annual accounts 2021637,8 k €↑
2020
Annual accounts 2020481 k €↑
2019
Annual accounts 2019467,8 k €↑
2018
Annual accounts 2018281,8 k €↓
2017
Annual accounts 2017474,2 k €↑
2016
Annual accounts 2016464,8 k €↑
2015
Annual accounts 2015349 k €↑
2014
Annual accounts 2014323,3 k €↓
2013
Annual accounts 2013385 k €↓
2012
Annual accounts 2012386,2 k €↓
2011
Annual accounts 2011396,1 k €↑
2010
Annual accounts 2010366 k €↓
2009
Annual accounts 2009390,3 k €↑
2008
Annual accounts 2008297,2 k €↓
2007
Annual accounts 2007326,9 k €↑
2006
Annual accounts 2006180,8 k €
13/11/1986
IncorporationPrivate limited company

MIDARMS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events