What does Midwest Finance do?

Midwest Finance is filed with the CBE under the catch-all “Agenten en makelaars in bankdiensten”. Also registered: insurance broker. Private Limited, started on 28 November 2017, 1 establishment.

What is the address of Midwest Finance?

The registered office of Midwest Finance is located at Koestraat 177B/1.1, 8800 Roeselare.

Is Midwest Finance still active?

Yes. According to the CBE (29 October 2026) Midwest Finance is active, legal situation “Normale toestand”, started on 28 November 2017.

Is Midwest Finance registered on Peppol?

Yes, Midwest Finance is registered on the Peppol network with ID 0208:0685442283.

What is the enterprise number of Midwest Finance?

The enterprise number of Midwest Finance is BE0685442283.

When was Midwest Finance founded?

Midwest Finance was founded on 28 November 2017.

Who are the directors of Midwest Finance?

According to the 2025 annual accounts, the directors of Midwest Finance are: Lovi Invest.

Is Midwest Finance a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 November 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Midwest Finance make in 2025?

Midwest Finance posted a profit after taxes of € 483,445 in financial year 2025.

What is the revenue of Midwest Finance?

As a small company, Midwest Finance is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,382,282.

How much does an employee at Midwest Finance earn?

The average wage cost per full-time employee at Midwest Finance was € 78,500 in 2025: staff costs of € 517,796 for 6.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Midwest Finance have?

According to the 2025 annual accounts, Midwest Finance has 6.6 full-time equivalents (FTE).

Midwest Finance (Private Limited) - Roeselare

Dossier Midwest Finance, printed on 29 October 2026 from databakkes.be/en/0685442283/midwest-finance. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 31 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Midwest Finance from Roeselare, company number BE0685442283, closed financial year 2025 with a result of € 483,445 after tax. For that financial year Midwest Finance recorded a gross margin of € 1.4 million and equity of € 220,074. Compared with financial year 2024, the result moved from € 205,164 to € 483,445. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.

What it is worth Growing

€ 220,074

▲ 2% vs 2024

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

Profit Growing

€ 483,445

▲ 136% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,839

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

Where the profit goes Pays out

€ 480,000 paid out

99 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

6.6

▲ 0.3 vs 2024

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

Wage cost

€ 517,796

▲ 12% vs 2024

€ 78,500 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.

Vehicles and equipment

€ 115,433

▲ 195% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▼ 12% vs 2024

€ 200,377 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 261,994

▲ 136% vs 2024

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

Taxes and wages

€ 92,670

▼ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 857,069 Gross margin 2022: € 857,069 First fiscal year in the series	€ 1,892,743 Gross margin 2023: € 1,892,743 ▲ 121% vs 2022 (€ 857,069) Favourable step	€ 953,507 Gross margin 2024: € 953,507 ▼ 50% vs 2023 (€ 1,892,743) Unfavourable step	€ 1,382,282 Gross margin 2025: € 1,382,282 ▲ 45% vs 2024 (€ 953,507) Favourable step	▲ 45%
Profit after taxes	€ 282,951 Profit after taxes 2022: € 282,951 First fiscal year in the series	€ 1,033,255 Profit after taxes 2023: € 1,033,255 ▲ 265% vs 2022 (€ 282,951) Favourable step	€ 205,164 Profit after taxes 2024: € 205,164 ▼ 80% vs 2023 (€ 1,033,255) Unfavourable step	€ 483,445 Profit after taxes 2025: € 483,445 ▲ 136% vs 2024 (€ 205,164) Favourable step	▲ 136%
Equity	€ 28,211 Equity 2022: € 28,211 First fiscal year in the series	€ 211,465 Equity 2023: € 211,465 ▲ € 183,255 vs 2022 (€ 28,211) Favourable step	€ 216,629 Equity 2024: € 216,629 ▲ 2% vs 2023 (€ 211,465) Favourable step	€ 220,074 Equity 2025: € 220,074 ▲ 2% vs 2024 (€ 216,629) Favourable step	▲ 2%
Total debts	€ 1,089,915 Total debts 2022: € 1,089,915 First fiscal year in the series	€ 2,454,999 Total debts 2023: € 2,454,999 ▲ 125% vs 2022 (€ 1,089,915) Unfavourable step	€ 1,621,867 Total debts 2024: € 1,621,867 ▼ 34% vs 2023 (€ 2,454,999) Favourable step	€ 1,909,699 Total debts 2025: € 1,909,699 ▲ 18% vs 2024 (€ 1,621,867) Unfavourable step	▲ 18%
Cash	€ 36,485 Cash 2022: € 36,485 First fiscal year in the series	€ 71,636 Cash 2023: € 71,636 ▲ 96% vs 2022 (€ 36,485) Favourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 71,636) Unfavourable step	€ 2,839 Cash 2025: € 2,839 Unchanged (€ 0) Favourable step
Retained profit	€ 9,611 Retained profit 2022: € 9,611 First fiscal year in the series	€ 192,865 Retained profit 2023: € 192,865 ▲ € 183,255 vs 2022 (€ 9,611) Favourable step	€ 198,029 Retained profit 2024: € 198,029 ▲ 3% vs 2023 (€ 192,865) Favourable step	€ 201,474 Retained profit 2025: € 201,474 ▲ 2% vs 2024 (€ 198,029) Favourable step	▲ 2%
Dividend	€ 280,000 Dividend 2022: € 280,000 First fiscal year in the series	€ 850,000 Dividend 2023: € 850,000 ▲ 204% vs 2022 (€ 280,000) Unchanged	€ 200,000 Dividend 2024: € 200,000 ▼ 76% vs 2023 (€ 850,000) Unchanged	€ 480,000 Dividend 2025: € 480,000 ▲ 140% vs 2024 (€ 200,000) Unchanged	▲ 140%
Bank debt	€ 666,934 Bank debt 2022: € 666,934 First fiscal year in the series	€ 1,418,709 Bank debt 2023: € 1,418,709 ▲ 113% vs 2022 (€ 666,934) Unfavourable step	€ 1,147,649 Bank debt 2024: € 1,147,649 ▼ 19% vs 2023 (€ 1,418,709) Favourable step	€ 1,004,221 Bank debt 2025: € 1,004,221 ▼ 12% vs 2024 (€ 1,147,649) Favourable step	▼ 12%
Balance sheet total	€ 1,118,125 Balance sheet total 2022: € 1,118,125 First fiscal year in the series	€ 2,666,465 Balance sheet total 2023: € 2,666,465 ▲ 138% vs 2022 (€ 1,118,125) Unchanged	€ 1,838,496 Balance sheet total 2024: € 1,838,496 ▼ 31% vs 2023 (€ 2,666,465) Unchanged	€ 2,129,773 Balance sheet total 2025: € 2,129,773 ▲ 16% vs 2024 (€ 1,838,496) Unchanged	▲ 16%
Employees (FTE)	5.9 Employees (FTE) 2022: 5.9 First fiscal year in the series	5.6 Employees (FTE) 2023: 5.6 ▼ 0.3 vs 2022 (5.9) Unchanged	6.3 Employees (FTE) 2024: 6.3 ▲ 0.7 vs 2023 (5.6) Unchanged	6.6 Employees (FTE) 2025: 6.6 ▲ 0.3 vs 2024 (6.3) Unchanged	▲ 0.3

Key figures of Midwest Finance, 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 Midwest Finance?

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

May 28, 2026 New annual accounts for financial year 2025: profit of € 483,445 (▲ 136% vs 2024). Source: NBB ↗
Nov 28, 2017 New establishment in Roeselare. KBO
Nov 28, 2017 Start of the company according to the CBE. KBO

In short

From € 282,951 profit in 2022 to € 483,445 profit in 2025.

Paid € 609,566 in corporate taxes since 2022.

Best year ever: 2023, with € 1 million profit.

On average € 209,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Lovi Invest

Midwest Finance

Behind Midwest Finance is Lovi Invest.

Directors

According to the 2025 annual accounts

Lovi Invest

Director · represented by Lambrecht Serge

Establishments

Establishment units

Physical locations of this company

Registered office

Koestraat 177B/1.1

8800 Roeselare

2.270.386.255

Koestraat 177 box 1.1

8800 Roeselare

Active since 28 November 2017

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 →

EENHEID MIDWEST FINANCE

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0685.442.283

VAT number

BE 0685.442.283

Registered office

Koestraat 177B/1.1, 8800 Roeselare

Names & denominations

Midwest Finance

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 November 2017

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Agenten en makelaars in bankdiensten

Activiteiten van verzekeringsagenten en -makelaars

View on CBE Public ↗ Annual accounts (NBB) ↗

Midwest Finance

Warning lights

Financials

What happened to Midwest Finance?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions