Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MID-INVEST from Waregem, company number BE0422998093, closed financial year 2025 with a result of € -8.4 million after tax. For that financial year MID-INVEST recorded revenue of € 450,747 and equity of € 13.7 million. Compared with financial year 2024, the result moved from € 8.3 million to € -8.4 million. The company made a loss. The buffer shrank hard: equity is 52 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.
€ 13.7 million
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8.4 million
▼ still € 8.3 million profit in 2024
Profit after tax over the fiscal year.
€ 147,683
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13.6 million.
People and assets in 2025
€ 10,970
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 14% vs 2024
€ 214,286 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 86,277
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,155,758 | € 450,747 | ▼ 61% |
| Gross margin | € -36,708 | € -200,640 | - | - | |
| Profit after taxes | € -428,165 | € 620,251 | € 8,288,684 | € -8,373,550 | ▼ € 16.7 million |
| Equity | € 19,345,386 | € 19,965,637 | € 28,690,741 | € 13,677,191 | ▼ 52% |
| Total debts | € 17,104,357 | € 24,110,574 | € 22,668,666 | € 18,269,981 | ▼ 19% |
| Cash | € 219,459 | € 61,059 | € 2,222,352 | € 147,683 | ▼ 93% |
| Land & buildings | € 1,048,245 | € 997,506 | € 1,883,432 | € 1,832,937 | ▼ 3% |
| Retained profit | € 12,640,386 | € 13,260,637 | € 21,985,741 | € 13,612,191 | ▼ 38% |
| Dividend | € 0 | € 0 | € 500,000 | € 0 | ▼ 100% |
| Bank debt | € 3,068,858 | € 1,794,209 | € 1,535,714 | € 1,321,429 | ▼ 14% |
| Balance sheet total | € 36,449,743 | € 44,076,211 | € 51,359,407 | € 31,947,172 | ▼ 38% |
Key figures of MID-INVEST, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MID-INVEST?
What happened at MID-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vleesmarkt-Chicken Express bv stepped down as director. NBB
- Bevax bv stepped down as director. NBB
- All Meat bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8.4 million (▼ € 16.7 million vs 2024). Source: NBB ↗
- Vleesmarkt-Chicken Express bv became a director. NBB
- Bevax bv became a director. NBB
- All Meat bv became a director. NBB
- New establishment in Oostrozebeke. KBO
In short
From € 428,165 loss in 2021 to € 8.4 million loss in 2025.
Paid € 1,350 in corporate taxes since 2021.
Best year ever: 2024, with € 8.3 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The stake of VLEESMARKT - CHICKEN EXPRESS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MID-INVESTThe shares are held by VLEESMARKT - CHICKEN EXPRESS (99.9%). It owns 100% of Tigris Holding and 20% of Favid itself.
Directors
According to the 2025 annual accounts
Director · represented by Brigitte Callewier
Also active at: VANDAELE & CO, Kipco - Damaco, Empro Europe, Damaco Foods Belgium
since 2024 · until 2030
Director · represented by Bruno Vandaele
Also active at: VANDAELE & CO, VLEESMARKT - CHICKEN EXPRESS
since 2024 · until 2030
Director · represented by Iris Vandaele
Also active at: VANDAELE & CO, Idesco, VLEESMARKT - CHICKEN EXPRESS, Kipco - Damaco, Damaco Foods Belgium
since 2024 · until 2030
Shareholders
Participations
Tigris Holding
100%
Favid
20%
Establishments
Establishment units
Physical locations of this company
Goelevenweg 14
8790 Waregem
Dentergemstraat 164
8780 Oostrozebeke
Active since 16 September 1982
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0422.998.093
- VAT number
- BE 0422.998.093
- Registered office
- Goelevenweg 14, 8790 Waregem
- Names & denominations
- MID-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1982
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van holdings
Holdings