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 39 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MIDYAT MARKET from Liège, company number BE0888604627, closed financial year 2024 with a result of € 108,869 after tax. For that financial year MIDYAT MARKET recorded a gross margin of € 1.8 million and equity of € 831,602. Compared with financial year 2023, the result moved from € 33,189 to € 108,869. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2025.
€ 831,602
▲ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,869
▲ 228% vs 2023
Profit after tax over the fiscal year.
€ 39,944
▼ 68% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 813,002.
People and assets in 2024
32.1
▼ 1.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 6% vs 2023
€ 32,500 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.
€ 436,797
▼ 8% vs 2023
Of which on lease € 348,354.
Debts at end 2024
€ 632,200
▼ 28% vs 2023
€ 238,387 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 786,534
▼ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 239,391
▲ 60% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,226,271 | € 1,246,038 | € 1,652,541 | € 1,764,054 | ▲ 7% |
| Profit after taxes | € 75,031 | € 25,618 | € 33,189 | € 108,869 | ▲ 228% |
| Equity | € 663,926 | € 689,544 | € 722,734 | € 831,602 | ▲ 15% |
| Total debts | € 1,994,250 | € 2,577,822 | € 2,506,178 | € 1,994,495 | ▼ 20% |
| Cash | € 103,348 | € 83,117 | € 123,573 | € 39,944 | ▼ 68% |
| Land & buildings | € 1,572,487 | € 1,485,999 | € 1,392,218 | € 1,363,460 | ▼ 2% |
| Retained profit | € 645,326 | € 670,944 | € 704,134 | € 813,002 | ▲ 15% |
| Bank debt | € 1,063,463 | € 1,162,571 | € 873,273 | € 632,200 | ▼ 28% |
| Balance sheet total | € 2,658,176 | € 3,267,366 | € 3,228,911 | € 2,826,097 | ▼ 12% |
| Employees (FTE) | 21.2 | 27.8 | 33.6 | 32.1 | ▼ 1.5 |
Key figures of MIDYAT MARKET, 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 MIDYAT MARKET?
What happened at MIDYAT MARKET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 108,869 (▲ 228% vs 2023). Source: NBB ↗
- New establishment in Liège. KBO
- New establishment in Fléron. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,031 profit in 2021 to € 108,869 profit in 2024.
Paid € 136,535 in corporate taxes since 2021.
Best year ever: 2024, with € 108,869 profit.
On average € 55,000 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MIDYAT MARKET is Midyat Logistics. Midyat Logistics is also behind CASH ITALIA.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Sainte-Walburge 478
4000 Liège
Rue Bureau 73
4621 Fléron
Active since 1 January 2020
Rue Sainte-Walburge 232
4000 Liège
Active since 1 August 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0888.604.627
- VAT number
- BE 0888.604.627
- Registered office
- Rue Sainte-Walburge 478, 4000 Liège
- Names & denominations
- MIDYAT MARKET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2007
- Peppol
- Active · Active since 29 Aug 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Artisanale brood- en banketbakkerijen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in dranken, algemeen assortiment
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in groenten en fruit
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