MIDCAP is a commercial agency in Ukkel. Private Limited, started on 19 December 2018, 1 establishment.

What is the address of MIDCAP?

The registered office of MIDCAP is located at Kamerdellelaan 70, 1180 Ukkel.

Is MIDCAP still active?

Yes. According to the CBE (29 October 2026) MIDCAP is active, legal situation “Normale toestand”, started on 19 December 2018.

Is MIDCAP registered on Peppol?

Yes, MIDCAP is registered on the Peppol network with ID 0208:0715993424.

What is the enterprise number of MIDCAP?

The enterprise number of MIDCAP is BE0715993424.

When was MIDCAP founded?

MIDCAP was founded on 19 December 2018.

Who are the directors of MIDCAP?

According to the 2025 annual accounts, the directors of MIDCAP are: Michael Despiegelaere.

Is MIDCAP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MIDCAP make in 2025?

MIDCAP recorded a loss after taxes of € 149,809 in financial year 2025.

What is the revenue of MIDCAP?

As a small company, MIDCAP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 13,388.

MIDCAP (Private Limited) - Ukkel - BE0715993424

Dossier MIDCAP, printed on 29 October 2026 from databakkes.be/en/0715993424/midcap. 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.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIDCAP from Ukkel, company number BE0715993424, closed financial year 2025 with a result of € -149,809 after tax. For that financial year MIDCAP recorded a gross margin of € 13,388 and equity of € -45,303. Compared with financial year 2024, the result moved from € -216,355 to € -149,809. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.

What it is worth Caution

€ -45,303

▼ € 149,809 vs 2024

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

Loss Caution

€ -149,809

▲ 31 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 74,452

▼ 76% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -63,903.

People and assets in 2025

Vehicles and equipment

€ 25,417

▼ 13% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 57 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.

€ 4.9 million

▲ 24% vs 2024

€ 68,622 is repaid this year. At this pace the long-term loan is gone in ≈ 57 years.

Owed to suppliers

€ 85,500

▲ € 84,890 vs 2024

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

Taxes

€ 7,833

▼ 94% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 287,405 Gross margin 2022: € 287,405 First fiscal year in the series	€ 412,243 Gross margin 2023: € 412,243 ▲ 43% vs 2022 (€ 287,405) Favourable step	€ -61,656 Gross margin 2024: € -61,656 ▼ € 473,899 vs 2023 (€ 412,243) Unfavourable step	€ 13,388 Gross margin 2025: € 13,388 ▲ € 75,044 vs 2024 (€ -61,656) Favourable step	▲ € 75,044
Profit after taxes	€ 9,199 Profit after taxes 2022: € 9,199 First fiscal year in the series	€ 201,279 Profit after taxes 2023: € 201,279 ▲ € 192,080 vs 2022 (€ 9,199) Favourable step	€ -216,355 Profit after taxes 2024: € -216,355 ▼ € 417,634 vs 2023 (€ 201,279) Unfavourable step	€ -149,809 Profit after taxes 2025: € -149,809 ▲ € 66,546 vs 2024 (€ -216,355) Favourable step	▲ € 66,546
Equity	€ 521,047 Equity 2022: € 521,047 First fiscal year in the series	€ 521,047 Equity 2023: € 521,047 Unchanged (€ 521,047) Unchanged	€ 104,506 Equity 2024: € 104,506 ▼ 80% vs 2023 (€ 521,047) Unfavourable step	€ -45,303 Equity 2025: € -45,303 ▼ € 149,809 vs 2024 (€ 104,506) Unfavourable step	▼ € 149,809
Total debts	€ 1,847,625 Total debts 2022: € 1,847,625 First fiscal year in the series	€ 1,839,097 Total debts 2023: € 1,839,097 Unchanged (€ 1,847,625) Favourable step	€ 4,117,525 Total debts 2024: € 4,117,525 ▲ 124% vs 2023 (€ 1,839,097) Unfavourable step	€ 5,450,424 Total debts 2025: € 5,450,424 ▲ 32% vs 2024 (€ 4,117,525) Unfavourable step	▲ 32%
Cash	€ 17,345 Cash 2022: € 17,345 First fiscal year in the series	€ 56,949 Cash 2023: € 56,949 ▲ 228% vs 2022 (€ 17,345) Favourable step	€ 306,778 Cash 2024: € 306,778 ▲ € 249,829 vs 2023 (€ 56,949) Favourable step	€ 74,452 Cash 2025: € 74,452 ▼ 76% vs 2024 (€ 306,778) Unfavourable step	▼ 76%
Land & buildings	€ 416,199 Land & buildings 2022: € 416,199 First fiscal year in the series	€ 392,354 Land & buildings 2023: € 392,354 ▼ 6% vs 2022 (€ 416,199) Unchanged	€ 367,548 Land & buildings 2024: € 367,548 ▼ 6% vs 2023 (€ 392,354) Unchanged	€ 795,744 Land & buildings 2025: € 795,744 ▲ 117% vs 2024 (€ 367,548) Unchanged	▲ 117%
Retained profit	€ 502,447 Retained profit 2022: € 502,447 First fiscal year in the series	€ 502,447 Retained profit 2023: € 502,447 Unchanged (€ 502,447) Unchanged	€ 85,906 Retained profit 2024: € 85,906 ▼ 83% vs 2023 (€ 502,447) Unfavourable step	€ -63,903 Retained profit 2025: € -63,903 ▼ € 149,809 vs 2024 (€ 85,906) Unfavourable step	▼ € 149,809
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 201,279 Dividend 2023: € 201,279 Unchanged (€ 0) Unchanged	€ 200,186 Dividend 2024: € 200,186 ▼ 1% vs 2023 (€ 201,279) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 200,186) Unchanged	▼ 100%
Bank debt	€ 1,651,691 Bank debt 2022: € 1,651,691 First fiscal year in the series	€ 1,633,527 Bank debt 2023: € 1,633,527 ▼ 1% vs 2022 (€ 1,651,691) Favourable step	€ 3,993,993 Bank debt 2024: € 3,993,993 ▲ 145% vs 2023 (€ 1,633,527) Unfavourable step	€ 4,932,661 Bank debt 2025: € 4,932,661 ▲ 24% vs 2024 (€ 3,993,993) Unfavourable step	▲ 24%
Balance sheet total	€ 2,368,672 Balance sheet total 2022: € 2,368,672 First fiscal year in the series	€ 2,360,144 Balance sheet total 2023: € 2,360,144 Unchanged (€ 2,368,672) Unchanged	€ 4,222,031 Balance sheet total 2024: € 4,222,031 ▲ 79% vs 2023 (€ 2,360,144) Unchanged	€ 5,405,121 Balance sheet total 2025: € 5,405,121 ▲ 28% vs 2024 (€ 4,222,031) Unchanged	▲ 28%

Key figures of MIDCAP, 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 MIDCAP?

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

Aug 11, 2026 New annual accounts for financial year 2025: loss of € 149,809. filed late Source: NBB ↗
Dec 19, 2018 New establishment in Ukkel. KBO
Dec 19, 2018 Start of the company according to the CBE. KBO

In short

From € 9,199 profit in 2022 to € 149,809 loss in 2025.

Paid € 139,405 in corporate taxes since 2022.

Best year ever: 2023, with € 201,279 profit.

Paid out € 401,465 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Michael Despiegelaere

MIDCAP

Behind MIDCAP is Michael Despiegelaere.

Directors

According to the 2025 annual accounts

Michael Despiegelaere

Administrator-manager

Establishments

Establishment units

Physical locations of this company

Registered office

Kamerdellelaan 70

1180 Ukkel

2.284.803.425

Blücherlaan 166

1180 Ukkel

Active since 19 December 2018

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

Details

Company number

0715.993.424

VAT number

BE 0715.993.424

Registered office

Kamerdellelaan 70, 1180 Ukkel

Names & denominations

MIDCAP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 December 2018

Peppol

Active · Active since 5 Jan 2026

Activities · NACE

Handelsbemiddeling in de groothandel in andere specifieke goederen

Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis

Activiteiten van syndici van onroerend goed

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

MIDCAP

Warning lights

Financials

What happened to MIDCAP?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions