Financials
Financial year 2025
MIDHAN from Antwerpen, company number BE0897698871, closed financial year 2025 with a result of € 229,758 after tax. For that financial year MIDHAN recorded a gross margin of € 387,182 and equity of € 932,184. Compared with financial year 2024, the result moved from € 196,559 to € 229,758. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 932,184
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 229,758
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 316,320
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 95,167 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 15,675
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 131,382
▼ 14% vs 2024
€ 40,362 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,306
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,457
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 207,309 | € 295,776 | € 352,348 | € 387,182 | ▲ 10% |
| Profit after taxes | € 113,853 | € 158,154 | € 196,559 | € 229,758 | ▲ 17% |
| Equity | € 621,599 | € 706,034 | € 797,593 | € 932,184 | ▲ 17% |
| Total debts | € 234,062 | € 293,162 | € 306,732 | € 294,583 | ▼ 4% |
| Cash | € 393,795 | € 591,252 | € 550,251 | € 316,320 | ▼ 43% |
| Land & buildings | € 211,487 | € 218,720 | € 295,256 | € 291,660 | ▼ 1% |
| Retained profit | € 590,599 | € 675,034 | € 766,593 | € 901,184 | ▲ 18% |
| Dividend | € 299,627 | € 73,719 | € 105,000 | € 95,167 | ▼ 9% |
| Bank debt | € 194,967 | € 174,093 | € 152,253 | € 131,382 | ▼ 14% |
| Balance sheet total | € 855,662 | € 999,196 | € 1,104,326 | € 1,226,767 | ▲ 11% |
Key figures of MIDHAN, 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 MIDHAN?
What happened at MIDHAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 229,758 (▲ 17% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Michel Van Geyte became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 113,853 profit in 2022 to € 229,758 profit in 2025.
Paid € 341,789 in corporate taxes since 2022.
Best year ever: 2025, with € 229,758 profit.
Paid out € 573,513 in dividends to the owners in total.
Management
Behind MIDHAN is Michel Van Geyte.
Directors
According to the 2025 annual accounts
Michel Van Geyte
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Sint-Thomasstraat 42
2018 Antwerpen
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
- 0897.698.871
- VAT number
- BE 0897.698.871
- Registered office
- Sint-Thomasstraat 42, 2018 Antwerpen
- Names & denominations
- MIDHAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2008
- Peppol
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