ACTIVE

MIDASCO

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Financial year 2025 · closed on 30/09/2025

Net result

240,3 k €

+76.7% YoY

Gross margin

87,6 k €

+19.7% YoY

Equity

511 k €

+48.3% YoY

What does MIDASCO do?

MIDASCO is a Private limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.216.405

Incorporation

25/08/1989

Legal form

Private limited company

Registered office

Albert Einsteinlaan(Kor) 20
8500 Kortrijk · Flandre

Contributed capital

18 592,01 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	87,6 k €	+19.7%	73,1 k €	+0.5%	72,8 k €	+26.4%	57,6 k €	+72.0%	33,5 k €	+0.7%	33,3 k €	+286%	8,6 k €	-57.5%	20,3 k €	+62.7%	12,5 k €	+51.4%	8,2 k €	-32.8%	12,2 k €	-31.8%	17,9 k €	+63.1%	11 k €	-75.0%	44 k €	-3.4%	45,5 k €	+25037%	181 €	-43.8%	322 €	+288%	83 €	-89.4%	785 €
EBITDA	85,2 k €	+20.4%	70,7 k €	+0.4%	70,5 k €	+27.6%	55,2 k €	+76.8%	31,2 k €	+1.2%	30,8 k €	+379%	6,4 k €	-64.2%	18 k €	+74.7%	10,3 k €	+68.1%	6,1 k €	-39.9%	10,2 k €	-35.6%	15,8 k €	+77.5%	8,9 k €	-78.8%	42,1 k €	-3.7%	43,7 k €	+2822%	-1,6 k €	-11.8%	-1,4 k €	+7.5%	-1,6 k €	-88.8%	-822 €
Operating result	80,7 k €	+20.7%	66,8 k €	+0.4%	66,6 k €	+28.3%	51,9 k €	+75.4%	29,6 k €	+1.0%	29,3 k €	+493%	4,9 k €	-69.1%	16 k €	+123%	7,2 k €	+183%	2,5 k €	-54.6%	5,6 k €	-51.1%	11,4 k €	+148%	4,6 k €	-87.9%	38,2 k €	-4.7%	40 k €	+924%	-4,9 k €	-2.0%	-4,8 k €	-10.5%	-4,3 k €	-6.4%	-4,1 k €
Net result	240,3 k €	+76.7%	136 k €	+207%	44,2 k €	+24.6%	35,5 k €	+88.0%	18,9 k €	-2.6%	19,4 k €	+488%	3,3 k €	-73.0%	12,2 k €	+320%	2,9 k €	-44.2%	5,2 k €	-98.1%	268,9 k €	+5439%	4,9 k €	+158%	-8,4 k €	-127%	31,1 k €	-5.7%	33 k €	+791%	-4,8 k €	-7.6%	-4,4 k €	-37.6%	-3,2 k €	+3.9%	-3,4 k €
Balance sheet
Equity	511 k €	+48.3%	344,5 k €	+62.6%	211,9 k €	+12.7%	187,9 k €	+23.3%	152,4 k €	+14.1%	133,5 k €	-65.1%	383 k €	+0.9%	379,8 k €	+3.3%	367,6 k €	+0.8%	364,7 k €	+1.4%	359,5 k €	+297%	90,6 k €	-0.3%	90,8 k €	-3.5%	94,1 k €	+49.4%	63 k €	+110%	30 k €	-13.7%	34,8 k €	-11.3%	39,2 k €	-7.6%	42,5 k €
Total assets	648,2 k €	+48.1%	437,8 k €	+34.1%	326,4 k €	+14.8%	284,2 k €	+17.3%	242,2 k €	-44.7%	437,8 k €	-2.9%	451 k €	-1.4%	457,4 k €	+2.1%	447,8 k €	+1.4%	441,4 k €	-5.0%	464,6 k €	+158%	180,2 k €	-1.5%	183 k €	+67.9%	109 k €	+64.0%	66,4 k €	+115%	30,9 k €	-14.9%	36,3 k €	-11.0%	40,8 k €	-8.0%	44,3 k €
Cash	211,2 k €	+6.7%	198 k €	+178%	71,3 k €	+16.4%	61,3 k €	-2.2%	62,6 k €	-76.6%	267,4 k €	-4.9%	281,1 k €	-0.0%	281,1 k €	+9.5%	256,7 k €	+1.9%	251,8 k €	-10.5%	281,2 k €	+19296%	1,4 k €	+35.9%	1,1 k €	-89.5%	10,1 k €	+18.4%	8,6 k €	+464%	1,5 k €		–		1 k €		–
Debts	137,2 k €	+47.1%	93,3 k €	-18.5%	114,5 k €	+19.0%	96,3 k €	+7.5%	89,6 k €	-70.4%	303 k €	+346%	67,9 k €	-12.4%	77,6 k €	-2.7%	79,7 k €	+4.2%	76,5 k €	-27.2%	105,1 k €	+17.3%	89,6 k €	-2.7%	92,2 k €	+522%	14,8 k €	+333%	3,4 k €	+295%	866 €	-42.5%	1,5 k €	-3.5%	1,6 k €	-16.4%	1,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

Robert Coppens

Director

Active

Ended mandates

Robert Coppens

Manager · since 25 août 1989 · until 16 février 2016

Ended

ROBERT COPPENS

Manager · since 01 avril 1988

Ended

Robert Coppens

Mandate

Ended

Robert Coppens

Manager

Ended

At this address

Other companies at this address

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Bekaert Housing Company● Active	0422.250.106
QUALITY TOOLS COMPANY● Active	0870.470.377

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/02/2026	07/01/2025	28/11/2023	16/03/2023	02/03/2022	11/01/2021
General meeting	21/02/2026	20/12/2024	21/11/2023	18/02/2023	19/02/2022	30/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	21/02/2026	27/02/2026	Dutch	PDF
Abridged model	30/09/2024	20/12/2024	07/01/2025	Dutch	PDF
Abridged model	30/09/2023	21/11/2023	28/11/2023	Dutch	PDF
Abridged model	30/09/2022	18/02/2023	16/03/2023	Dutch	PDF
Abridged model	30/09/2021	19/02/2022	02/03/2022	Dutch	PDF
Abridged model	30/09/2020	30/12/2020	11/01/2021	Dutch	PDF
Abridged model	30/09/2019	30/12/2019	14/01/2020	Dutch	PDF
Abridged model	30/09/2018	18/02/2019	20/02/2019	Dutch	PDF
Abridged model	30/09/2017	15/02/2018	21/02/2018	Dutch	PDF
Abridged model	30/09/2016	18/02/2017	16/03/2017	Dutch	PDF
Abridged model	30/09/2015	18/02/2016	17/03/2016	Dutch	PDF
Abridged model	30/09/2014	21/02/2015	25/02/2015	Dutch	PDF
Abridged model	30/09/2013	16/02/2014	11/03/2014	Dutch	PDF
Abridged model	30/09/2012	20/02/2013	24/03/2013	Dutch	PDF
Abridged model	30/09/2011	20/02/2012	23/03/2012	Dutch	PDF
Abridged model	30/09/2010	19/02/2011	24/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/02/2010	24/03/2010	Dutch	PDF
Abridged model	30/09/2008	21/02/2009	20/04/2009	Dutch	PDF
Abridged model	30/09/2007	16/02/2008	18/03/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	19/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

Robert Coppens

Director

Active

Ended mandates

Robert Coppens

Manager · since 25 août 1989 · until 16 février 2016

Ended

ROBERT COPPENS

Manager · since 01 avril 1988

Ended

Robert Coppens

Mandate

Ended

Robert Coppens

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025240,3 k €↑
2024
Annual accounts 2024136 k €↑
2023
Annual accounts 202344,2 k €↑
2022
Annual accounts 202235,5 k €↑
2021
Annual accounts 202118,9 k €↓
2020
Annual accounts 202019,4 k €↑
2019
Annual accounts 20193,3 k €↓
2018
Annual accounts 201812,2 k €↑
2017
Annual accounts 20172,9 k €↓
2016
Annual accounts 20165,2 k €↓
2015
Annual accounts 2015268,9 k €↑
2014
Annual accounts 20144,9 k €↑
2013
Annual accounts 2013-8,4 k €↓
2012
Annual accounts 201231,1 k €↓
2011
Annual accounts 201133 k €↑
2010
Annual accounts 2010-4,8 k €↓
2009
Annual accounts 2009-4,4 k €↓
2008
Annual accounts 2008-3,2 k €↑
2007
Annual accounts 2007-3,4 k €
25/08/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MIDASCO

Overview

What does MIDASCO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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