Active · per the CBE, 30 October 2026

MIDSPARCO

BE0656998420

Rechtspersoon Private limited company 1 establishment

MIDSPARCO is a supermarket in Gistel. Private Limited, started on 27 June 2016, 1 establishment.

Koolaerdstraat 142, 8470 Gistel

Behind the company: Chris Van Hecke.

Active for

10 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIDSPARCO from Gistel, company number BE0656998420, closed financial year 2025 with a result of € 15,074 after tax. For that financial year MIDSPARCO recorded a gross margin of € 181,598 and equity of € 149,988. Compared with financial year 2024, the result moved from € 32,031 to € 15,074. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.

What it is worth Growing

€ 149,988

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 15,074

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,327

▼ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 833 paid out

6 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

2.6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 93,301

▲ 14% vs 2024

€ 35,900 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.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 463,414

▼ 11% vs 2024

€ 61,814 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 13,706

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 10,198

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 127,296 € 254,450 € 196,327 € 181,598 ▼ 8%
Profit after taxes € 11,855 € 76,155 € 32,031 € 15,074 ▼ 53%
Equity € 29,227 € 104,549 € 135,747 € 149,988 ▲ 10%
Total debts € 584,884 € 633,592 € 571,367 € 496,448 ▼ 13%
Cash € 66,221 € 48,609 € 52,837 € 41,327 ▼ 22%
Land & buildings € 403,772 € 503,708 € 479,053 € 454,399 ▼ 5%
Retained profit € 19,227 € 94,549 € 125,747 € 139,988 ▲ 11%
Dividend € 0 € 833 € 833 € 833
Bank debt € 516,324 € 550,914 € 520,208 € 463,414 ▼ 11%
Balance sheet total € 614,111 € 738,140 € 707,114 € 646,436 ▼ 9%
Employees (FTE) 2.3 3 2.6 2.6

Key figures of MIDSPARCO, 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 MIDSPARCO?

What happened at MIDSPARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 15,074 (▼ 53% vs 2024). Source: NBB ↗
  • New establishment in Middelkerke. KBO
  • Chris Van Hecke became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 11,855 profit in 2022 to € 15,074 profit in 2025.

Paid € 35,138 in corporate taxes since 2022.

Best year ever: 2023, with € 76,155 profit.

On average € 69,800 of value added per employee in 2025.

Management

Chris Van Hecke
MIDSPARCO

Behind MIDSPARCO is Chris Van Hecke.

Directors

According to the 2025 annual accounts

Chris Van Hecke

Manager

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Koolaerdstraat 142

8470 Gistel

2.254.638.801

Leopoldlaan 107-109

8430 Middelkerke

Active since 27 June 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0656.998.420
VAT number
BE 0656.998.420
Registered office
Koolaerdstraat 142, 8470 Gistel
Names & denominations
MIDSPARCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 June 2016
Peppol
Active · Active since 20 Oct 2025
Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)

Frequently asked questions

What does MIDSPARCO do?
MIDSPARCO is a supermarket in Gistel. Private Limited, started on 27 June 2016, 1 establishment.
What is the address of MIDSPARCO?
The registered office of MIDSPARCO is located at Koolaerdstraat 142, 8470 Gistel.
Is MIDSPARCO still active?
Yes. According to the CBE (30 October 2026) MIDSPARCO is active, legal situation “Normale toestand”, started on 27 June 2016.
Is MIDSPARCO registered on Peppol?
Yes, MIDSPARCO is registered on the Peppol network with ID 0208:0656998420.
What is the enterprise number of MIDSPARCO?
The enterprise number of MIDSPARCO is BE0656998420.
When was MIDSPARCO founded?
MIDSPARCO was founded on 27 June 2016.