ACTIVE

M I D A

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

3,9 k €

-37.2% YoY

Gross margin

64,4 k €

+33.8% YoY

Equity

139 k €

+2.9% YoY

What does M I D A do?

M I D A is a Private limited company incorporated in 2003. Its main activity is: Non-specialised wholesale trade. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.371.768

Incorporation

23/12/2003

Legal form

Private limited company

Registered office

Place Marcel Broodthaers 8 box 5
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 72600Scientific research and development 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	64,4 k €	+33.8%	48,1 k €	-1.2%	48,8 k €	+74.0%	28 k €	-0.1%	28 k €	-42.9%	49,2 k €	-23.4%	64,2 k €	+20.6%	53,2 k €	-23.9%	69,9 k €	+58.9%	44 k €	-37.1%	70 k €	+15.5%	60,6 k €	-13.7%	70,3 k €	-38.3%	113,8 k €	-13.2%	131,1 k €	+21.0%	108,3 k €	-19.6%	134,7 k €	-6.5%	144 k €	+44.9%	99,4 k €
EBITDA	49,8 k €	+40.2%	35,6 k €	-1.1%	35,9 k €	+42.6%	25,2 k €	-8.5%	27,5 k €	-30.1%	39,4 k €	+33.9%	29,4 k €	-4.6%	30,9 k €	-34.1%	46,8 k €	+67.8%	27,9 k €	-44.9%	50,6 k €	+21.9%	41,5 k €	-12.0%	47,2 k €	-22.7%	61 k €	-10.8%	68,4 k €	+48.1%	46,2 k €	-22.9%	59,9 k €	+10.4%	54,3 k €	+73.2%	31,3 k €
Operating result	49,8 k €	+40.2%	35,6 k €	-1.1%	35,9 k €	+42.6%	25,2 k €	-8.5%	27,5 k €	-30.1%	39,4 k €	+33.9%	29,4 k €	-4.6%	30,9 k €	-34.1%	46,8 k €	+67.8%	27,9 k €	-42.1%	48,2 k €	+26.6%	38,1 k €	-13.0%	43,7 k €	-23.2%	56,9 k €	-7.0%	61,2 k €	+54.6%	39,6 k €	-26.0%	53,4 k €	+11.3%	48 k €	+88.6%	25,5 k €
Net result	3,9 k €	-37.2%	6,2 k €	+39.9%	4,4 k €	+657%	585,3 €	-70.8%	2 k €	+265%	550 €	-52.7%	1,2 k €	-87.3%	9,1 k €	+444%	1,7 k €	-62.3%	4,5 k €	-30.4%	6,4 k €	-32.9%	9,6 k €	+517%	1,6 k €	-65.3%	4,5 k €	+294%	1,1 k €	-83.2%	6,8 k €	-56.2%	15,4 k €	-27.1%	21,1 k €	+4.7%	20,2 k €
Balance sheet
Equity	139 k €	+2.9%	135,1 k €	+4.8%	128,9 k €	+3.6%	124,5 k €	+0.5%	123,9 k €	+1.6%	121,9 k €	+0.5%	121,4 k €	+1.0%	120,2 k €	+8.2%	111,1 k €	+1.5%	109,4 k €	+4.3%	104,9 k €	+6.5%	98,5 k €	+10.8%	88,9 k €	+1.8%	87,4 k €	+5.4%	82,9 k €	+1.4%	81,8 k €	+9.0%	75 k €	+25.9%	59,6 k €	+55.0%	38,5 k €
Total assets	385,4 k €	+4.1%	370,3 k €	-27.8%	513,1 k €	+40.1%	366,2 k €	+2.9%	355,7 k €	-9.4%	392,8 k €	-5.8%	417,1 k €	+1.5%	410,8 k €	-3.4%	425,1 k €	+26.6%	335,7 k €	+1.7%	330 k €	+1.6%	324,9 k €	+2.2%	317,8 k €	+6.9%	297,2 k €	-24.8%	395,4 k €	-44.3%	710 k €	+3.3%	687,4 k €	+13.6%	605,2 k €	+15.7%	523 k €
Cash	3,7 k €	+64.5%	2,2 k €	-95.3%	47,3 k €	+3392%	1,4 k €	+12.6%	1,2 k €	+40.0%	860 €	-92.6%	11,6 k €	-33.9%	17,6 k €	-76.1%	73,6 k €	+2895%	2,5 k €	-77.5%	10,9 k €	-56.4%	25,1 k €	+633%	3,4 k €	+868%	353 €	-92.1%	4,5 k €	+241%	1,3 k €	-98.1%	68,5 k €	+2735%	2,4 k €	-90.8%	26,2 k €
Debts	246,4 k €	+4.8%	235,1 k €	-37.6%	376,7 k €	+55.9%	241,7 k €	+4.3%	231,8 k €	-14.4%	270,9 k €	-8.4%	295,7 k €	+1.7%	290,6 k €	-7.5%	314,1 k €	+38.8%	226,3 k €	+0.5%	225,1 k €	-0.6%	226,4 k €	-1.1%	228,9 k €	+9.1%	209,8 k €	-32.9%	312,5 k €	-50.2%	626,9 k €	+2.4%	612,3 k €	+12.2%	545,6 k €	+16.2%	469,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		52 198,0 ETP	-11.8%	59 199,0 ETP	+4.0%	56 933,0 ETP	-17.0%	68 569,0 ETP	-14.1%	79 814,0 ETP	+19.2%	66 967,0 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 31/12/2020 · 1 active

Active mandates

PARKASH GURNANI

Manager

Active

At this address

Other companies at this address

Company	CBE no.
ABBA● Active	0726.455.170
Academy Master Kim● Active	0818.427.701
ADISTA BELGIQUE● Active	1009.851.459
AL-WASEET COMPANY● Active	0802.313.229
AMEDTRANS● Active	0733.661.577
Anderson Photography● Active	1036.953.061
Androlabs● Active	1036.584.065
ARPON ENGINEERING● Active	0734.933.366
ASBRI● Active	1025.981.272
ASK LOCALA● Active	0718.919.359
AVA Consulting Belgium● Active	0629.752.902
B&B Home Belgium● Active	1011.289.534
B&B Hotels Belgium● Active	0693.764.388
BELLFORT● Active	0695.557.997
BELSORG● Active	0891.985.274
BILIUS● Active	0775.483.821
BONNE ROUTE● Active	0746.473.396
Bouw Team● Active	0689.613.184
Bowe Systec● Active	0458.430.908
BREMSTEIN● Active	0452.965.056

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2025	28/08/2024	30/10/2023	03/10/2022	09/07/2021	14/12/2020
General meeting	06/06/2025	01/06/2024	03/06/2023	20/05/2022	04/06/2021	11/12/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	06/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	01/06/2024	28/08/2024	French	PDF
Micro model	31/12/2022	03/06/2023	30/10/2023	French	PDF
Micro model	31/12/2021	20/05/2022	03/10/2022	French	PDF
Micro model	31/12/2020	04/06/2021	09/07/2021	French	PDF
Micro model	31/12/2019	11/12/2020	14/12/2020	French	PDF
Micro model	31/12/2018	11/06/2019	18/09/2019	French	PDF
Micro model	31/12/2017	04/06/2018	14/09/2018	French	PDF
Abridged model	31/12/2016	23/06/2017	24/10/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	29/09/2015	French	PDF
Abridged model	31/12/2013	16/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	21/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	25/09/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	02/12/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	25/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	15/10/2008	French	PDF
Abridged model	31/12/2006	20/11/2007	22/11/2007	French	PDF

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 31/12/2020 · 1 active

Active mandates

PARKASH GURNANI

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/05/2024
DENOMINATION - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office26/11/2015
SIEGE SOCIAL
PDF
Registered office29/08/2007
SIEGE SOCIAL
PDF
Other02/01/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 20243,9 k €↓
2023
Annual accounts 20236,2 k €↑
2022
Annual accounts 20224,4 k €↑
2021
Annual accounts 2021585,3 €↓
2020
Annual accounts 20202 k €↑
2019
Annual accounts 2019550 €↓
2018
Annual accounts 20181,2 k €↓
2017
Annual accounts 20179,1 k €↑
2016
Annual accounts 20161,7 k €↓
2015
Annual accounts 20154,5 k €↓
2014
Annual accounts 20146,4 k €↓
2013
Annual accounts 20139,6 k €↑
2012
Annual accounts 20121,6 k €↓
2011
Annual accounts 20114,5 k €↑
2010
Annual accounts 20101,1 k €↓
2009
Annual accounts 20096,8 k €↓
2008
Annual accounts 200815,4 k €↓
2007
Annual accounts 200721,1 k €↑
2006
Annual accounts 200620,2 k €
23/12/2003
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

M I D A

Overview

What does M I D A 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