ACTIVE

MIDLINA

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Financial year 2025 · closed on 31/12/2025
Net result
-18,4 k €
-845.7% YoY
Gross margin
278,6 k €
+114.4% YoY
Equity
89,6 k €
-17.0% YoY

What does MIDLINA do?

MIDLINA is a Private limited company incorporated in 2012. Its main activity is: Computer consultancy activities. Its registered office is in Schoten.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.717.660
Incorporation
02/05/2012
Legal form
Private limited company
Registered office
Hertendreef 8
2900 Schoten · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities63920Other information service activities63990Other information service activities n.e.c.82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (2)
  • 200
  • 2000
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202420232022202120202019201820172016201520142013
Income statement
Gross margin278,6 k €130 k €213,7 k €147,4 k €192,8 k €313,9 k €334 k €221,1 k €120,1 k €68,4 k €45,7 k €25 k €39 k €37 k €
EBITDA-8,6 k €7,5 k €53,2 k €25,8 k €-923,4 €15,3 k €56 k €58,4 k €22,8 k €7,4 k €34 k €24,4 k €38,3 k €35,4 k €
Operating result-11,2 k €6,4 k €50,6 k €19 k €-13,9 k €2,7 k €46,1 k €46,8 k €17 k €3,3 k €26,6 k €16,8 k €30,7 k €26,4 k €
Net result-18,4 k €2,5 k €32,4 k €11 k €-17,9 k €-3,3 k €29,1 k €31,6 k €7,6 k €531,5 €17,4 k €11,9 k €29,5 k €16,5 k €
Balance sheet
Equity89,6 k €108 k €105,5 k €96,2 k €85,2 k €103,1 k €106,4 k €77,3 k €51,7 k €44,1 k €43,5 k €31,1 k €24,2 k €22,7 k €
Total assets162,2 k €204,4 k €227,7 k €153,6 k €135,1 k €204,7 k €204,7 k €237,6 k €105 k €94,2 k €96,5 k €73,6 k €89,2 k €75,1 k €
Cash2,2 k €23,8 k €59,2 k €53,4 k €30,2 k €55,7 k €53,8 k €73,8 k €38,8 k €10,3 k €29,8 k €18,6 k €36 k €28,2 k €
Debts72,6 k €96,4 k €101,6 k €57,5 k €49,9 k €101,6 k €90,3 k €94,4 k €53,3 k €50,1 k €52,9 k €42,5 k €65,1 k €52,4 k €
Other
Workforce––––––––––0,9 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Luc Borghoms

Director · since 24 septembre 2021

Active
Sandra Beelaert

Director · since 24 septembre 2021

Active

Ended mandates

Sandra Beelaert

Director · since 01 février 2014

Ended
Luc Borghoms

Director · since 02 mai 2012

Ended
Luc Borghoms

Manager · since 02 mai 2012

Ended
Sandra Beelaert

Manager · since 02 mai 2012 · until 02 janvier 2013

Ended
Annual accounts

Full financial information

202520242024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202430/06/202430/06/202330/06/202230/06/2021
Length of the financial year12 months6 months12 months12 months12 months12 months
Filing date20/07/202601/07/202528/11/202415/01/202429/12/202214/01/2022
General meeting15/06/202616/06/202522/11/202417/11/202318/11/202219/11/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202620/07/2026DutchPDF
Micro model31/12/202416/06/202501/07/2025DutchPDF
Micro model30/06/202422/11/202428/11/2024DutchPDF
Micro model30/06/202317/11/202315/01/2024DutchPDF
Micro model30/06/202218/11/202229/12/2022DutchPDF
Micro model30/06/202119/11/202114/01/2022DutchPDF
Micro model30/06/202020/11/202029/01/2021DutchPDF
Micro model30/06/201915/11/201924/12/2019DutchPDF
Micro model30/06/201816/11/201804/01/2019DutchPDF
Micro model30/06/201717/11/201724/11/2017DutchPDF
Abridged model30/06/201618/11/201603/01/2017DutchPDF
Abridged model30/06/201520/11/201511/12/2015DutchPDF
Abridged model30/06/201421/11/201419/12/2014DutchPDF
Abridged model30/06/201315/11/201323/12/2013DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Luc Borghoms

Director · since 24 septembre 2021

Active
Sandra Beelaert

Director · since 24 septembre 2021

Active

Ended mandates

Sandra Beelaert

Director · since 01 février 2014

Ended
Luc Borghoms

Director · since 02 mai 2012

Ended
Luc Borghoms

Manager · since 02 mai 2012

Ended
Sandra Beelaert

Manager · since 02 mai 2012 · until 02 janvier 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    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 2025-18,4 k €↓
  2. 2024
    Annual accounts 20242,5 k €↓
  3. 2024
    Annual accounts 202432,4 k €↑
  4. 2023
    Annual accounts 202311 k €↑
  5. 2022
    Annual accounts 2022-17,9 k €↓
  6. 2021
    Annual accounts 2021-3,3 k €↓
  7. 2020
    Annual accounts 202029,1 k €↓
  8. 2019
    Annual accounts 201931,6 k €↑
  9. 2018
    Annual accounts 20187,6 k €↑
  10. 2017
    Annual accounts 2017531,5 €↓
  11. 2016
    Annual accounts 201617,4 k €↑
  12. 2015
    Annual accounts 201511,9 k €↓
  13. 2014
    Annual accounts 201429,5 k €↑
  14. 2013
    Annual accounts 201316,5 k €
  15. 02/05/2012
    IncorporationPrivate limited company