Financials
Financial year 2025
MIDASCO from Kortrijk, company number BE0438216405, closed financial year 2025 with a result of € 240,265 after tax. For that financial year MIDASCO recorded a gross margin of € 87,556 and equity of € 511,038. Compared with financial year 2024, the result moved from € 135,963 to € 240,265. 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 February 27, 2026.
€ 511,038
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 240,265
▲ 77% vs 2024
Profit after tax over the fiscal year.
€ 211,196
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 73,749 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,449
▲ 198% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,477
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,891
▲ 175% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,612 | € 72,815 | € 73,144 | € 87,556 | ▲ 20% |
| Profit after taxes | € 35,499 | € 44,223 | € 135,963 | € 240,265 | ▲ 77% |
| Equity | € 187,925 | € 211,853 | € 344,522 | € 511,038 | ▲ 48% |
| Total debts | € 96,253 | € 114,507 | € 93,275 | € 137,211 | ▲ 47% |
| Cash | € 61,262 | € 71,306 | € 198,016 | € 211,196 | ▲ 7% |
| Land & buildings | € 42,733 | € 39,353 | € 39,702 | € 35,993 | ▼ 9% |
| Retained profit | € 169,333 | € 193,261 | € 325,930 | € 492,446 | ▲ 51% |
| Dividend | € 0 | € 20,294 | € 3,295 | € 73,749 | ▲ € 70,454 |
| Balance sheet total | € 284,178 | € 326,361 | € 437,796 | € 648,249 | ▲ 48% |
Key figures of MIDASCO, fiscal years 2022 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 MIDASCO?
What happened at MIDASCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 240,265 (▲ 77% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,499 profit in 2022 to € 240,265 profit in 2025.
Paid € 112,650 in corporate taxes since 2022.
Best year ever: 2025, with € 240,265 profit.
Paid out € 97,338 in dividends to the owners in total.
A new publication or filing at MIDASCO? 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 MIDASCO is Robert Coppens. It owns 33.3% of Quality Tools Company itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Albert Einsteinlaan(Kor) 20
8500 Kortrijk
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
- 0438.216.405
- VAT number
- BE 0438.216.405
- Registered office
- Albert Einsteinlaan(Kor) 20, 8500 Kortrijk
- Names & denominations
- MIDASCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1989
- Peppol
- Active · Active since 12 Mar 2025
- Activities · NACE
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