ACTIVE

MIDN

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Financial year 2025 · closed on 31/12/2025
Net result
209,2 k €
+179.2% YoY
Gross margin
1,8 M €
+42.8% YoY
Equity
421,3 k €
+32.4% YoY
Workforce
21,4 ETP
+28.9% YoY

What does MIDN do?

MIDN is a Private company with limited liability incorporated in 2017. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Antwerpen. It employs on average 21,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0681.840.516
Incorporation
27/09/2017
Legal form
Private company with limited liability
Registered office
Sint-Hubertusstraat 86
2600 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
21,4 ETP
Activities (NACE)
45206Maintenance and repair of motor vehicles· main95316Repair of computers and personal and household goods
Joint committees (6)
  • 112
  • 1120
  • 11200
  • 200
  • 2000
  • 20000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120192018
Income statement
Gross margin1,8 M €1,3 M €1,1 M €616,1 k €438,9 k €415,2 k €314,9 k €
EBITDA615,3 k €310,5 k €248,1 k €186,9 k €145,5 k €205,6 k €163,3 k €
Operating result429,1 k €122,9 k €107,4 k €76,6 k €50,6 k €115,8 k €62,6 k €
Net result209,2 k €74,9 k €69,3 k €56,8 k €30,5 k €77,2 k €28,8 k €
Balance sheet
Equity421,3 k €318,1 k €243,2 k €173,9 k €117,1 k €124,6 k €47,4 k €
Total assets1,9 M €1,7 M €1,5 M €884,4 k €675,7 k €597,3 k €486,2 k €
Cash170 k €200,8 k €85,1 k €50,7 k €44,7 k €29,3 k €14,7 k €
Debts1,5 M €1,3 M €1,2 M €687,7 k €558,5 k €468 k €438,8 k €
Other
Workforce21,4 ETP16,6 ETP16,9 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Bouchra Hashassi

Director · since 27 septembre 2017

Active

Ended mandates

Bouchra Hashassi

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202608/09/202527/09/202410/10/202329/08/202210/08/2021
General meeting30/06/202626/06/202525/06/202410/10/202326/08/202230/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/08/2026DutchPDF
Abridged model31/12/202426/06/202508/09/2025DutchPDF
Abridged model31/12/202325/06/202427/09/2024DutchPDF
Micro model31/12/202210/10/202310/10/2023DutchPDF
Micro model31/12/202126/08/202229/08/2022DutchPDF
Micro model31/12/202030/06/202110/08/2021DutchPDF
Micro model31/12/201930/06/202002/07/2020DutchPDF
Micro model31/12/201825/06/201929/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 1 ended

Active mandates

Bouchra Hashassi

Director · since 27 septembre 2017

Active

Ended mandates

Bouchra Hashassi

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other29/09/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025209,2 k €↑
  2. 2024
    Annual accounts 202474,9 k €↑
  3. 2023
    Annual accounts 202369,3 k €↑
  4. 2022
    Annual accounts 202256,8 k €↑
  5. 2021
    Annual accounts 202130,5 k €↓
  6. 2019
    Annual accounts 201977,2 k €↑
  7. 2018
    Annual accounts 201828,8 k €
  8. 27/09/2017
    IncorporationPrivate company with limited liability