NORMAL SITUATION

MIDES SHARED SERVICES

Financial year 2024 · closed on 31/12/2024
Net result
-152,2 k €
+56.3% YoY
Revenue
2,4 M €
-0.9% YoY
Equity
768,6 k €
-16.5% YoY
Workforce
14,4 ETP
+13.4% YoY

Company — Normal situation.

What does MIDES SHARED SERVICES do?

MIDES SHARED SERVICES is a company registered in Belgium. It employs on average 14,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0662.456.154
Legal form
Public limited company
Contributed capital
1 875 000,00 €
Latest accounts
31/12/2024
Average workforce
14,4 ETP
Joint committees (1)
  • 200
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201920182017
Income statement
Revenue2,4 M €2,4 M €2,7 M €2,4 M €2,4 M €2,4 M €2,4 M €359,7 k €
EBITDA628,2 k €369,7 k €416,9 k €767 k €1,1 M €1 M €894,3 k €-10 k €
Operating result194,2 k €-63,7 k €-17,1 k €338,3 k €635,3 k €578,3 k €468,1 k €-10 k €
Net result-152,2 k €-348 k €-239 k €21,5 k €340,6 k €155,9 k €-175,5 k €-709,6 k €
Balance sheet
Equity768,6 k €920,8 k €1,3 M €1,5 M €1,5 M €1,1 M €989,9 k €1,2 M €
Total assets9,4 M €9,3 M €9,5 M €9,5 M €9,7 M €10,5 M €10,3 M €9,1 M €
Cash1,3 M €543,3 k €68,5 k €448 k €430,3 k €800,9 k €177,6 k €8,2 k €
Debts8,6 M €8,4 M €8,2 M €8 M €8,2 M €9,4 M €9,3 M €7,9 M €
Other
Workforce14,4 ETP12,7 ETP18,2 ETP16,0 ETP14,9 ETP14,9 ETP13,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 11 ended

Active mandates

Arjulo

Director · since 01 janvier 2025 · until 11 juin 2029 · 0816.961.219

Represented by Liesbeth Tielemans

Active
MC Pro

Director · since 22 janvier 2024 · until 11 juin 2029 · 0547.999.520

Represented by Steve Rousseau

Active

Ended mandates

SOROMA

Director · since 13 mars 2019 · until 09 juin 2025 · 0667.826.390

Represented by Doris Boterberg

Ended
SOROMA

Director · since 13 mars 2019 · until 11 juin 2029 · 0667.826.390

Represented by Liesbeth Tielemans

Ended
MC Pro

Director · since 24 octobre 2018 · until 10 juin 2024 · 0547.999.520

Represented by Steve Rousseau

Ended
MC Pro

Director · since 24 octobre 2018 · until 11 juin 2029 · 0547.999.520

Represented by Steve Rousseau

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202512/07/202418/07/202301/08/202206/07/202119/06/2020
General meeting30/06/202510/06/202412/06/202313/06/202214/06/202108/06/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202529/07/2025DutchPDF
Full model31/12/202310/06/202412/07/2024DutchPDF
Full model31/12/202212/06/202318/07/2023DutchPDF
Full model31/12/202113/06/202201/08/2022DutchPDF
Full model31/12/202014/06/202106/07/2021DutchPDF
Full model31/12/201908/06/202019/06/2020DutchPDF
Full model31/12/201810/06/201926/06/2019DutchPDF
Full model31/12/201711/06/201803/07/2018DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 2 active · 11 ended

Active mandates

Arjulo

Director · since 01 janvier 2025 · until 11 juin 2029 · 0816.961.219

Represented by Liesbeth Tielemans

Active
MC Pro

Director · since 22 janvier 2024 · until 11 juin 2029 · 0547.999.520

Represented by Steve Rousseau

Active

Ended mandates

SOROMA

Director · since 13 mars 2019 · until 09 juin 2025 · 0667.826.390

Represented by Doris Boterberg

Ended
SOROMA

Director · since 13 mars 2019 · until 11 juin 2029 · 0667.826.390

Represented by Liesbeth Tielemans

Ended
MC Pro

Director · since 24 octobre 2018 · until 10 juin 2024 · 0547.999.520

Represented by Steve Rousseau

Ended
MC Pro

Director · since 24 octobre 2018 · until 11 juin 2029 · 0547.999.520

Represented by Steve Rousseau

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-152,2 k €
  2. 2023
    Annual accounts 2023-348 k €
  3. 2022
    Annual accounts 2022-239 k €
  4. 2021
    Annual accounts 202121,5 k €
  5. 2020
    Annual accounts 2020340,6 k €
  6. 2019
    Annual accounts 2019155,9 k €
  7. 2018
    Annual accounts 2018-175,5 k €
  8. 2017
    Annual accounts 2017-709,6 k €