ACTIVE

MIDELCO

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Financial year 2025 · Closed on 30/06/2025

Net result51,5 M €+143,2 %over 1 year
Revenue1,2 M €+38,7 %over 1 year
Equity238,3 M €+27,6 %over 1 year
Workforce1,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

MIDELCO is a Public limited company incorporated in 1987. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk. It employs on average 1,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.555.581
Incorporation
25/02/1987
Legal form
Public limited company
Registered office
Doorniksewijk(Kor) 49
8500 Kortrijk · FlandreSee on map
Contributed capital
1 500 000,00 €
Latest accounts
30/06/2025
Average workforce
1,5 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 31 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue1,2 M €877 k €875,2 k €768,6 k €891,8 k €
EBITDA462,3 k €-78,2 k €251,5 k €389,6 k €545,7 k €
Operating result366,6 k €-158,8 k €186,9 k €337,1 k €484,4 k €
Net result51,5 M €21,2 M €12,2 M €5,3 M €7,7 M €
Balance sheet
Equity238,3 M €186,7 M €165,6 M €153,3 M €148 M €
Total assets370 M €293,3 M €264,1 M €247,6 M €218,4 M €
Cash2,2 M €100,5 k €1,8 M €7,6 M €2,9 M €
Debts130,8 M €106,2 M €98,4 M €93,9 M €70,2 M €
Other
Workforce1,5 ETP1,5 ETP1,5 ETP1,5 ETP1,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

8 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Barbara VLERICK
Director30/11/2018 → 30/11/2030
David VLERICK
Director30/11/2018 → 30/11/2030
Elisa VLERICK
Director30/11/2018 → 30/11/2030
Michäel VLERICK
Director30/11/2015 → 30/11/2030
Patricia VLERICK - BOUCKAERT
Director19/02/2004 → 30/11/2030
Philippe VLERICK
Managing director19/02/2004 → 30/11/2030
ARLIMA1003.029.290Represented by Wouter Gabriëls
Director30/11/2023 → 27/11/2025
D.A.S.T.0449.523.932Represented by Willem Dejonghe
Director30/11/2022 → 27/11/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Wim DEJONGHE
Director29/11/2019 → 2023 accounts
WOUTER GABRIELS
Director29/11/2019 → 2023 accounts

Other companies at this address

Doorniksewijk(Kor) 49 8500 Kortrijk
CompanyCBE no.
ARTEVELD● Active
0534.433.970
Belgo-Indian Chamber of Commerce and Industry● Active
0409.205.683
B.M.H.● Active
0401.010.767
Carick● Active
0656.685.743
Cecan● Active
0417.119.004
CECAN MEDIA● Active
0466.463.892
DW Construct● Active
0745.876.451
DW Invest● Active
0745.876.352
HERMES INVEST● Active
0466.428.557
NATIVE DANCER● Active
0677.538.070
STICHTING THéRèSE VLERICK● Active
0884.835.879
UCO● Active
0457.983.322
UCO RAYMOND DENIM HOLDING● Active
0882.391.182
VG - LC● Active
0767.656.218
VLERICK INVESTERINGSMAATSCHAPPIJ● Active
0466.459.439
VLERICK VASTGOED● Active
0455.168.243
VOBIS FINANCE● Active
0428.597.666

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsConsolidated accounts
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/12/202519/12/202419/12/202322/12/202231/03/202218/05/2021
General meeting28/11/202529/11/202430/11/202330/11/202201/01/999922/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 31 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202528/11/202515/12/2025DutchPDF
Full model30/06/202429/11/202419/12/2024DutchPDF
Full model30/06/202330/11/202319/12/2023DutchPDF
Full model30/06/202230/11/202222/12/2022DutchPDF
Consolidated accounts30/06/202231/03/202331/03/2023DutchPDF
Full model30/06/202130/11/202124/01/2022DutchPDF
Consolidated accounts30/06/202101/01/999931/03/2022DutchPDF
Full model30/06/202030/11/202015/12/2020DutchPDF
Consolidated accounts30/06/202022/02/202118/05/2021DutchPDF
Full model30/06/201929/11/201907/01/2020DutchPDF
Consolidated accounts30/06/201929/11/201920/01/2020DutchPDF
Full model30/06/201830/11/201817/12/2018DutchPDF
Consolidated accounts30/06/201807/12/201831/01/2019DutchPDF
Full model30/06/201730/11/201719/12/2017DutchPDF
Consolidated accounts30/06/201715/12/201718/01/2018DutchPDF
Full model30/06/201630/11/201615/12/2016DutchPDF
Consolidated accounts30/06/201626/12/201604/01/2017DutchPDF
Full model30/06/201530/11/201507/01/2016DutchPDF
Consolidated accounts30/06/201523/12/201524/02/2016DutchPDF
Full model30/06/201428/11/201423/12/2014DutchPDF
Consolidated accounts30/06/201423/12/201427/01/2015DutchPDF
Full model30/06/201329/11/201320/12/2013DutchPDF
Consolidated accounts30/06/201329/11/201320/12/2013DutchPDF
Full model30/06/201230/11/201203/01/2013DutchPDF

View all 31 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 30/06/2025

8 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Barbara VLERICK
Director30/11/2018 → 30/11/2030
David VLERICK
Director30/11/2018 → 30/11/2030
Elisa VLERICK
Director30/11/2018 → 30/11/2030
Michäel VLERICK
Director30/11/2015 → 30/11/2030
Patricia VLERICK - BOUCKAERT
Director19/02/2004 → 30/11/2030
Philippe VLERICK
Managing director19/02/2004 → 30/11/2030
ARLIMA1003.029.290Represented by Wouter Gabriëls
Director30/11/2023 → 27/11/2025
D.A.S.T.0449.523.932Represented by Willem Dejonghe
Director30/11/2022 → 27/11/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Wim DEJONGHE
Director29/11/2019 → 2023 accounts
WOUTER GABRIELS
Director29/11/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2022
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Restructuring10/06/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/03/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates14/01/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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
Filings18 filings
Mandates
David VLERICK
Barbara VLERICK
Michäel VLERICK
Patricia VLERICK - BOUCKAERT
Philippe VLERICK
Elisa VLERICK
ARLIMA
D.A.S.T.
WOUTER GABRIELS
Wim DEJONGHE
GHERA BVBA
Elizabeth Cardyn
19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
MIDELCO
Doorniksewijk(Kor) 49, 8500 Kortrijk
Director
Director
Director
Director
Managing director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Doorniksewijk(Kor) 49, 8500 KortrijkCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00584928

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MIDELCOCurrent
accounts 2022 → 2025
Accounts 2025 · 2025-00584928

Events

  1. 28/11/2025
    reconductionNV D.A.S.T. · bestuurder
  2. 28/11/2025
    reconductionBV ARLIMA · bestuurder
  3. 2025
    Annual accounts 202551,5 M €↑
  4. 29/11/2024
    reconductionPhilippe Vlerick · bestuurder
  5. 29/11/2024
    reconductionPatricia Bouckaert · bestuurder
  6. 29/11/2024
    reconductionMichael Vlerick · bestuurder
  7. 29/11/2024
    reconductionDavid Vlerick · bestuurder
  8. 29/11/2024
    reconductionElisa Vlerick · bestuurder
  9. 29/11/2024
    reconductionBarbara Vlerick · bestuurder
  10. 29/11/2024
    reconductionBOES JOSEPH-MICHEL BEDRIJFSREVISOR · commissaris
  11. 2024
    Annual accounts 202421,2 M €↑
  12. 30/11/2023
    nominationBV ARLIMA · bestuurder
  13. 2023
    Annual accounts 202312,2 M €↑
  14. 30/11/2022
    reconductionWouter Gabriëls · bestuurder
  15. 30/11/2022
    nominationNV D.A.S.T. · bestuurder
  16. 2022
    Annual accounts 20225,3 M €↓
  17. 2021
    Annual accounts 20217,7 M €↑
  18. 2020
    Annual accounts 20202,7 M €↓
  19. 2019
    Annual accounts 201936,8 M €↑
  20. 2018
    Annual accounts 20187,6 M €↑
  21. 2017
    Annual accounts 20172,4 M €↓
  22. 2016
    Annual accounts 20162,8 M €↑
  23. 2015
    Annual accounts 2015-6,2 M €↑
  24. 2014
    Annual accounts 2014-6,4 M €↓
  25. 2013
    Annual accounts 201322,3 M €↓
  26. 2012
    Annual accounts 201243,5 M €↑
  27. 2011
    Annual accounts 2011768,8 k €↑
  28. 2010
    Annual accounts 2010340 k €↑
  29. 2009
    Annual accounts 2009-693 k €↓
  30. 2007
    Annual accounts 200722,6 M €
  31. 25/02/1987
    IncorporationPublic limited company