ACTIVE

Midwest Finance

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Financial year 2025 · Closed on 31/12/2025

Net result483,4 k €+135,6 %over 1 year
Gross margin1,4 M €+45,0 %over 1 year
Equity220,1 k €+1,6 %over 1 year
Workforce6,6 ETP+4,8 %over 1 year

Identity

Source · BCE/KBO

Midwest Finance is a Private limited company incorporated in 2017. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Roeselare. It employs on average 6,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0685.442.283
Incorporation
28/11/2017
Legal form
Private limited company
Registered office
Koestraat 177B/1.1
8800 Roeselare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,6 ETP
Joint committees (2)
  • 341
  • 34100
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin1,4 M €953,5 k €1,9 M €857,1 k €751,5 k €
EBITDA862,8 k €474,1 k €1,5 M €448,7 k €241,6 k €
Operating result687,4 k €305,9 k €1,4 M €301,2 k €88,9 k €
Net result483,4 k €205,2 k €1 M €283 k €67,2 k €
Balance sheet
Equity220,1 k €216,6 k €211,5 k €28,2 k €12,9 k €
Total assets2,1 M €1,8 M €2,7 M €1,1 M €1,2 M €
Cash2,8 k €0 €71,6 k €36,5 k €73,4 k €
Debts1,9 M €1,6 M €2,4 M €1,1 M €1,1 M €
Other
Workforce6,6 ETP6,3 ETP5,6 ETP5,9 ETP8,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 11 ended

Active mandates

LOVI Invest

Director · 0684.808.716

Represented by Lambrecht Serge

Active

Ended mandates

LOVI Invest

Director · since 24 novembre 2017 · 0684.808.716

Represented by Lambrecht Serge

Ended
B AND ME

Director · until 11 octobre 2023 · 0684.711.518

Represented by Steven Priem

Ended
B AND ME

Director · 0684.711.518

Represented by Steven Priem

Ended
B AND ME

Director · 0684.711.518

Represented by Steven Priem

Ended

Other companies at this address

Koestraat 177B/1.1 8800 Roeselare
CompanyCBE no.
EENHEID MIDWEST FINANCE● Active
0688.889.347

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/05/202616/06/202521/06/202420/06/202310/06/202212/07/2021
General meeting27/04/202613/06/202514/06/202409/06/202308/06/202230/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/04/202628/05/2026DutchPDF
Abridged model31/12/202413/06/202516/06/2025DutchPDF
Abridged model31/12/202314/06/202421/06/2024DutchPDF
Abridged model31/12/202209/06/202320/06/2023DutchPDF
Abridged model31/12/202108/06/202210/06/2022DutchPDF
Abridged model31/12/202030/06/202112/07/2021DutchPDF
Abridged model31/12/201930/06/202028/07/2020DutchPDF
Abridged model31/12/201814/06/201918/06/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 11 ended

Active mandates

LOVI Invest

Director · 0684.808.716

Represented by Lambrecht Serge

Active

Ended mandates

LOVI Invest

Director · since 24 novembre 2017 · 0684.808.716

Represented by Lambrecht Serge

Ended
B AND ME

Director · until 11 octobre 2023 · 0684.711.518

Represented by Steven Priem

Ended
B AND ME

Director · 0684.711.518

Represented by Steven Priem

Ended
B AND ME

Director · 0684.711.518

Represented by Steven Priem

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/11/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025483,4 k €↑
  2. 2024
    Annual accounts 2024205,2 k €↓
  3. 2023
    Annual accounts 20231 M €↑
  4. 2022
    Annual accounts 2022283 k €↑
  5. 2021
    Annual accounts 202167,2 k €↓
  6. 2020
    Annual accounts 2020174,3 k €↑
  7. 2019
    Annual accounts 2019-3,3 k €↓
  8. 2018
    Annual accounts 201826 k €
  9. 28/11/2017
    IncorporationPrivate limited company