Active · per the CBE, 19 September 2026

MIDANE

BE0707851560

Rechtspersoon Private limited company 1 establishment

MIDANE is an electrical contractor in Sint-Jans-Molenbeek. Private Limited, started on 5 October 2018, 1 establishment.

Picardstraat 198, 1080 Sint-Jans-Molenbeek

Active for

7 year, 11 months

Financials

Financial year 2024

MIDANE from Sint-Jans-Molenbeek, company number BE0707851560, closed financial year 2024 with a result of € 60,997 after tax. For that financial year MIDANE recorded a gross margin of € 350,044 and equity of € 65,353. Compared with financial year 2023, the result moved from € 12,790 to € 60,997. 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 September 30, 2025.

What it is worth Growing

€ 65,353

▲ € 60,997 vs 2023

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

Profit Growing

€ 60,997

▲ € 48,207 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 380

▼ 87% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 59,153.

People and assets in 2024

Full-time equivalents

12.5

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

Wage cost

€ 255,095

▲ 282% vs 2023

€ 20,400 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

€ 44,522

▼ 36% vs 2023

Of which on lease € 38,456.

Debts at end 2024

Bank debt ≈ 10 years to go

€ 34,459

▼ 46% vs 2023

€ 3,444 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 265,926

▲ 37% vs 2023

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

Taxes and wages

€ 95,275

▲ € 74,146 vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin - - € 85,443 € 350,044 ▲ € 264,601
Profit after taxes € 0 € 0 € 12,790 € 60,997 ▲ € 48,207
Equity € -8,434 € -8,434 € 4,356 € 65,353 ▲ € 60,997
Total debts € 8,808 € 8,744 € 282,257 € 400,012 ▲ 42%
Cash € 63 - € 2,918 € 380 ▼ 87%
Retained profit € -14,634 € -14,634 € -1,844 € 59,153 ▲ € 60,997
Bank debt € 0 € 0 € 64,255 € 34,459 ▼ 46%
Balance sheet total € 374 € 310 € 286,613 € 465,365 ▲ 62%
Employees (FTE) - - - 12.5

Key figures of MIDANE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MIDANE?

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

  • New annual accounts for financial year 2024: profit of € 60,997 (▲ € 48,207 vs 2023). filed late Source: NBB ↗
  • New establishment in Sint-Jans-Molenbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 0 profit in 2021 to € 60,997 profit in 2024.

Best year ever: 2024, with € 60,997 profit.

On average € 28,000 of value added per employee in 2024.

Establishments

Establishment units

Physical locations of this company

Registered office

Picardstraat 198

1080 Sint-Jans-Molenbeek

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
0707.851.560
VAT number
BE 0707.851.560
Registered office
Picardstraat 198, 1080 Sint-Jans-Molenbeek
Names & denominations
MIDANE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 October 2018
Peppol
Active · Active since 23 Dec 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Detailhandel in herenbovenkleding

Frequently asked questions

What does MIDANE do?
MIDANE is an electrical contractor in Sint-Jans-Molenbeek. Private Limited, started on 5 October 2018, 1 establishment.
What is the address of MIDANE?
The registered office of MIDANE is located at Picardstraat 198, 1080 Sint-Jans-Molenbeek.
Is MIDANE still active?
Yes. According to the CBE (19 September 2026) MIDANE is active, legal situation “Normale toestand”, started on 5 October 2018.
Is MIDANE registered on Peppol?
Yes, MIDANE is registered on the Peppol network with ID 0208:0707851560.
What is the enterprise number of MIDANE?
The enterprise number of MIDANE is BE0707851560.
When was MIDANE founded?
MIDANE was founded on 5 October 2018.