Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MDI SPIRIT from Middelkerke, company number BE0417890648, closed financial year 2024 with a result of € 6,253 after tax. For that financial year MDI SPIRIT recorded a gross margin of € 85,106 and equity of € -15,199. Compared with financial year 2023, the result moved from € -1,858 to € 6,253. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2025.
€ -15,199
▲ € 22,374 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,253
▲ still € 1,858 loss in 2023
Profit after tax over the fiscal year.
€ 14,165
▲ 51% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -33,799.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 70,443
▲ 99% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 958
▼ 96% vs 2023
€ 500 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 17,578
▼ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,399
▼ 40% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 10,503 | € 13,720 | € 40,846 | € 85,106 | ▲ 108% |
| Profit after taxes | € -18,459 | € 6,154 | € -1,858 | € 6,253 | ▲ € 8,111 |
| Equity | € -41,870 | € -35,715 | € -37,573 | € -15,199 | ▲ € 22,374 |
| Total debts | € 52,486 | € 57,681 | € 93,084 | € 82,290 | ▼ 12% |
| Cash | € 2,832 | € 4,277 | € 9,389 | € 14,165 | ▲ 51% |
| Retained profit | € -44,349 | € -38,194 | € -40,052 | € -33,799 | ▲ € 6,253 |
| Bank debt | € 32,014 | € 24,859 | € 21,714 | € 958 | ▼ 96% |
| Balance sheet total | € 10,617 | € 21,966 | € 55,511 | € 67,091 | ▲ 21% |
Key figures of MDI SPIRIT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MDI SPIRIT?
What happened at MDI SPIRIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 6,253. filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Abderrahim Ben Saleh became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,459 loss in 2021 to € 6,253 profit in 2024.
Best year ever: 2024, with € 6,253 profit.
A new publication or filing at MDI SPIRIT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MDI SPIRIT is Abderrahim Ben Saleh.
Directors
According to the 2024 annual accounts
Abderrahim Ben Saleh
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Distellaan 10
8434 Middelkerke
Kerkstraat 45
8430 Middelkerke
Active since 26 June 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.890.648
- VAT number
- BE 0417.890.648
- Registered office
- Distellaan 10, 8434 Middelkerke
- Names & denominations
- MDI SPIRIT · Embal - Impex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1978
- Peppol
- Active · Active since 16 Jul 2024
- Activities · NACE
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