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 1 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIDGARDEN from Beersel, company number BE1026176856, closed financial year 2025 with a result of € -7,103 after tax. For that financial year MIDGARDEN recorded a gross margin of € -5,111 and equity of € -2,103. 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 July 15, 2026.
€ -2,103
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,103
Profit after tax over the fiscal year.
€ 1,908
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,103.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,932
Supplier invoices still open on the last day of the fiscal year.
What happened to MIDGARDEN?
What happened at MIDGARDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,103. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Beersel. KBO
- Timothee Raes became a director. NBB
Management
Behind MIDGARDEN is Timothee Raes.
Directors
According to the 2025 annual accounts
Timothee Raes
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Losseweg 123
1652 Beersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- RAES Timothee(oprichter) 100%
Details
- Company number
- 1026.176.856
- VAT number
- BE 1026.176.856
- Registered office
- Losseweg 123, 1652 Beersel
- Names & denominations
- MIDGARDEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2025
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Landschapsverzorging
Productie van video en film, muv bioscoop- en televisiefilms
Grafisch ontwerp en visuele communicatie
Activiteiten van industriële designers
Overige zakelijke dienstverlening, neg
Handelsbemiddeling in de niet-gespecialiseerde groothandel