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 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MIDAN from Roeselare, company number BE0435485656, closed financial year 2025 with a result of € 68,410 after tax. For that financial year MIDAN recorded a gross margin of € 78,381 and equity of € 164,750. Compared with financial year 2024, the result moved from € 4,500 to € 68,410. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 164,750
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,410
▲ € 63,909 vs 2024
Profit after tax over the fiscal year.
€ 1,942
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 68,000 paid out
99 % of the profit went to the shareholders, mostly to Mare Nostra (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,726
▲ € 11,535 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,789
▲ 125% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 191,842 | € 16,895 | € -2,880 | € 78,381 | ▲ € 81,261 |
| Profit after taxes | € 244,873 | € 75,888 | € 4,500 | € 68,410 | ▲ € 63,909 |
| Equity | € 1,076,450 | € 159,840 | € 164,341 | € 164,750 | |
| Total debts | € 526,510 | € 165,573 | € 2,877 | € 84,515 | ▲ € 81,638 |
| Cash | € 14,537 | € 21,971 | € 3,252 | € 1,942 | ▼ 40% |
| Retained profit | € 89,850 | € 6,888 | € 11,388 | € 11,798 | ▲ 4% |
| Dividend | € 515,000 | € 158,850 | € 0 | € 68,000 | |
| Bank debt | € 0 | € 533 | € 0 | € 0 | |
| Balance sheet total | € 1,602,960 | € 325,413 | € 167,218 | € 249,266 | ▲ 49% |
Key figures of MIDAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MIDAN?
What happened at MIDAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tosalu NV stepped down as director. NBB
- Graafjanshoeve Construct NV stepped down as director. NBB
- Despiegelaere Promotions NV stepped down as director. NBB
- Mare Nostra NV stepped down as director. NBB
- GT & Co BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 68,410 (▲ € 63,909 vs 2024). Source: NBB ↗
- Graafjanshoeve Construct NV became a director. NBB
- Tosalu NV became a director. NBB
In short
From € 244,873 profit in 2022 to € 68,410 profit in 2025.
Paid € 24,661 in corporate taxes since 2022.
Best year ever: 2022, with € 244,873 profit.
Paid out € 741,850 in dividends to the owners in total.
Management
The stake of Mare Nostra comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MIDANThe shares are held by Mare Nostra (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Samuel Desimpel
Also active at: 3 D, POC Partners, DEKOSIM, NOORDZEE, NIEUWPOORT BUILDING, Mare Nostra, DOP KORTEMARK, De Haan Construct +1 more
since 2023 · until 2029
Director · represented by Siska Dedeyne
Also active at: Mare Nostra, De Haan Construct, JAN TURPIN CONSTRUCT, JAN TURPIN INVEST
since 2024 · until 2029
Director · represented by Arthur Despiegelaere
Also active at: NOORDZEE, NIEUWPOORT BUILDING, Mare Nostra, CAPRI INVEST, LA MER INVEST, De Haan Construct, DE VRIJE CONSTRUCT, GRAAF JANSDIJK CONSTRUCT +4 more
since 2023 · until 2029
Managing director · represented by Elisabeth Van Damme
since 2023 · until 2029
Director · represented by Sofie Vandermarliere
Also active at: BISCUITERIE JULES DESTROOPER, DESTROOPER-OLIVIER, IMMO V.D.M., Memoires, HUBISCO, POC Partners, YPERLEE TRANS, Mare Nostra +4 more
since 2023 · until 2029
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koestraat 175A box 2.1
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →Architectenbureau Schepens
€ 1.1 million gross margin · 2025
POC Partners same network
€ 3.6 million revenue · 2025
SYM 3
€ 2.1 million gross margin · 2025
Mare Nostra same network
€ 1.5 million gross margin · 2025
Schepens Claeys Architects
€ 660,487 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.485.656
- VAT number
- BE 0435.485.656
- Registered office
- Koestraat 175A bus 2.1, 8800 Roeselare
- Names & denominations
- MIDAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1988
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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