Financials
Financial year 2025
MIDA from Oostende, company number BE0446735181, closed financial year 2025 with a result of € 76,835 after tax. For that financial year MIDA recorded a gross margin of € 712,713 and equity of € 441,125. Compared with financial year 2024, the result moved from € 146,486 to € 76,835. The company is profitable. 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 November 30, 2025.
€ 441,125
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,835
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 309,612
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
98 % of the profit went to the shareholders, mostly to MGMK HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
12.5
Average over the fiscal year, from the social balance sheet.
€ 539,792
▼ 13% vs 2024
€ 43,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,934
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,000
Loans from banks and other lenders, long and short.
€ 25,916
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,256
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 665,831 | € 624,269 | € 854,480 | € 712,713 | ▼ 17% |
| Profit after taxes | € 251,569 | € 34,029 | € 146,486 | € 76,835 | ▼ 48% |
| Equity | € 383,775 | € 417,804 | € 439,290 | € 441,125 | |
| Total debts | € 309,925 | € 410,839 | € 416,968 | € 504,634 | ▲ 21% |
| Cash | € 279,240 | € 211,217 | € 283,329 | € 309,612 | ▲ 9% |
| Retained profit | € 365,183 | € 399,212 | € 420,698 | € 422,533 | |
| Dividend | € 100,000 | € 0 | € 125,000 | € 75,000 | ▼ 40% |
| Bank debt | € 0 | € 0 | € 0 | € 30,000 | |
| Balance sheet total | € 693,700 | € 828,643 | € 856,257 | € 945,759 | ▲ 10% |
| Employees (FTE) | 16.8 | 16.8 | 12.5 | 12.5 |
Key figures of MIDA, 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 October 2026.
What happened to MIDA?
What happened at MIDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,835 (▼ 48% vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 251,569 profit in 2022 to € 76,835 profit in 2025.
Paid € 57,718 in corporate taxes since 2022.
Best year ever: 2022, with € 251,569 profit.
On average € 57,000 of value added per employee in 2025.
Management
The stake of MGMK HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MIDABehind MIDA is MGMK Holding BV. The shares are held by MGMK HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Nicolas Linden
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Montgomerykaai 1
8400 Oostende
Koningsstraat 79 box Z
8400 Oostende
Active since 22 March 2022
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
rnsyc.be
Registered
2002-03-18
Website info
Features
Security
Details
- Company number
- 0446.735.181
- VAT number
- BE 0446.735.181
- Registered office
- Montgomerykaai 1, 8400 Oostende
- Names & denominations
- MIDA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1992
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- rnsyc.be
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening
Eetgelegenheden met volledige bediening