ACTIVE

MIGER

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Financial year 2025 · closed on 31/12/2025

Net result

-21,8 €

-101.7% YoY

Gross margin

95,2 k €

+19.6% YoY

Equity

120,2 k €

-0.0% YoY

What does MIGER do?

MIGER is a Private limited company incorporated in 1960. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Lier.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.012.225

Incorporation

11/01/1960

Legal form

Private limited company

Registered office

Eeuwfeestlaan 56
2500 Lier · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 77229Rental of video tapes and disks 77299Rental and leasing of other personal and household goods

Joint committees (1)

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	95,2 k €	+19.6%	79,6 k €	+64.7%	48,3 k €	-13.5%	55,9 k €	-1.3%	56,6 k €	+13.0%	50,1 k €	+0.4%	49,9 k €	-14.3%	58,3 k €	+31.2%	44,4 k €	+76.9%	25,1 k €	+29.8%	19,3 k €	+15.6%	16,7 k €	-0.9%	16,9 k €	+163%	6,4 k €	+500%	1,1 k €	-0.4%	1,1 k €	-81.4%	5,8 k €	+279%	-3,2 k €	-162%	5,2 k €
EBITDA	86,1 k €	+19.5%	72,1 k €	+73.0%	41,7 k €	-19.0%	51,5 k €	-1.6%	52,3 k €	+14.2%	45,8 k €	-0.2%	45,9 k €	-11.6%	51,9 k €	+22.0%	42,5 k €	+75.8%	24,2 k €	+31.2%	18,4 k €	+16.5%	15,8 k €	-1.0%	16 k €	+220%	5 k €	+453%	904,9 €	-0.5%	909,2 €	-83.8%	5,6 k €	+274%	-3,2 k €	-76.3%	-1,8 k €
Operating result	26,9 k €	+9.7%	24,6 k €	+129%	10,7 k €	-36.7%	16,9 k €	+45.1%	11,7 k €	-49.5%	23,1 k €	+96.4%	11,8 k €	-58.4%	28,4 k €	+49.2%	19 k €	+151%	7,6 k €	+317%	1,8 k €	-70.7%	6,2 k €	-2.6%	6,4 k €	+238%	-4,6 k €	-611%	904,9 €	-0.5%	909,2 €	-83.8%	5,6 k €	+274%	-3,2 k €	-76.3%	-1,8 k €
Net result	-21,8 €	-102%	1,3 k €	-25.9%	1,7 k €	-77.5%	7,6 k €	+138%	3,2 k €	+660%	-566,6 €	+30.7%	-818,2 €	-109%	8,6 k €	-9.0%	9,5 k €	+443%	1,7 k €	+142%	-4,2 k €	-1263%	361,1 €	+13.9%	317 €	+103%	-10,7 k €	-506%	2,6 k €	+78.5%	1,5 k €	-78.4%	6,9 k €	+311%	-3,2 k €	-76.3%	-1,8 k €
Balance sheet
Equity	120,2 k €	-0.0%	120,2 k €	+141%	50 k €	+3.5%	48,3 k €	+18.5%	40,7 k €	+6.2%	38,3 k €	-1.5%	38,9 k €	-2.1%	39,7 k €	+27.8%	31,1 k €	+43.9%	21,6 k €	+8.8%	19,9 k €	-17.5%	24,1 k €	+1.5%	23,7 k €	+1.4%	23,4 k €	-31.4%	34,1 k €	-10.2%	38 k €	+4.1%	36,5 k €	+23.2%	29,6 k €	-9.9%	32,9 k €
Total assets	1,1 M €	-4.9%	1,1 M €	+27.5%	869,7 k €	+119%	397,7 k €	-5.6%	421,1 k €	-6.2%	448,8 k €	-13.1%	516,4 k €	-7.4%	557,7 k €	-6.1%	593,9 k €	+78.7%	332,4 k €	-4.8%	349,2 k €	+44.1%	242,3 k €	-5.5%	256,3 k €	-4.0%	266,9 k €	+557%	40,6 k €	-13.6%	47 k €	+2.4%	45,9 k €	+18.3%	38,8 k €	+16.7%	33,2 k €
Cash	6,8 k €	-43.9%	12 k €	+703%	1,5 k €	-85.0%	10 k €	-71.8%	35,4 k €	+19.9%	29,5 k €	+41.4%	20,8 k €	+6.2%	19,6 k €	-15.9%	23,3 k €	+61.0%	14,5 k €	+62.1%	8,9 k €	-53.2%	19,1 k €	+223%	5,9 k €	-49.0%	11,6 k €	-34.1%	17,6 k €	-7.3%	19 k €	+74.6%	10,9 k €	+31.5%	8,3 k €	+127%	3,6 k €
Debts	935 k €	-5.4%	988,8 k €	+20.6%	819,8 k €	+136%	346,9 k €	-7.9%	376,6 k €	-7.6%	407,7 k €	-14.1%	474,5 k €	-7.8%	514,4 k €	-8.6%	562,8 k €	+81.1%	310,8 k €	-5.6%	329,3 k €	+50.9%	218,3 k €	-5.9%	231,9 k €	-4.8%	243,5 k €	+3647%	6,5 k €	-28.1%	9 k €	-3.8%	9,4 k €	+2.6%	9,2 k €	+2402%	366 €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Michael Eulaers

Administrator - manager · since 22 octobre 2001

Active

Ended mandates

MICHAEL EULAERS

Manager · since 22 octobre 2001

Ended

MICHAEL EULAERS

Administrator - manager

Ended

MICHAEL EULAERS

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/06/2026	22/08/2025	17/07/2024	31/08/2023	30/08/2022	31/08/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	21/06/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/06/2026	17/06/2026	Dutch	PDF
Micro model	31/12/2024	17/06/2025	22/08/2025	Dutch	PDF
Micro model	31/12/2023	18/06/2024	17/07/2024	Dutch	PDF
Micro model	31/12/2022	20/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	21/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	16/06/2020	18/06/2020	Dutch	PDF
Micro model	31/12/2018	18/06/2019	20/06/2019	Dutch	PDF
Micro model	31/12/2017	19/06/2018	12/07/2018	Dutch	PDF
Micro model	31/12/2016	20/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	19/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Michael Eulaers

Administrator - manager · since 22 octobre 2001

Active

Ended mandates

MICHAEL EULAERS

Manager · since 22 octobre 2001

Ended

MICHAEL EULAERS

Administrator - manager

Ended

MICHAEL EULAERS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other20/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates01/02/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-21,8 €↓
2024
Annual accounts 20241,3 k €↓
2023
Annual accounts 20231,7 k €↓
2022
Annual accounts 20227,6 k €↑
2021
Annual accounts 20213,2 k €↑
2020
Annual accounts 2020-566,6 €↑
2019
Annual accounts 2019-818,2 €↓
2018
Annual accounts 20188,6 k €↓
2017
Annual accounts 20179,5 k €↑
2016
Annual accounts 20161,7 k €↑
2015
Annual accounts 2015-4,2 k €↓
2014
Annual accounts 2014361,1 €↑
2013
Annual accounts 2013317 €↑
2012
Annual accounts 2012-10,7 k €↓
2011
Annual accounts 20112,6 k €↑
2010
Annual accounts 20101,5 k €↓
2009
Annual accounts 20096,9 k €↑
2008
Annual accounts 2008-3,2 k €↓
2007
Annual accounts 2007-1,8 k €
11/01/1960
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MIGER

Overview

What does MIGER do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline