MIG Motors
0417.891.440 · rovalta.com · 25/09/2026
ACTIVE
MIG Motors
Financial year 2023 · Closed on 31/12/2023
Net result325,3 k €+5 639,0 %over 1 year
Revenue129,2 M €+51,5 %over 1 year
Equity4,8 M €+7,3 %over 1 year
Workforce80,4 ETP-3,4 %over 1 year
Overview
Identity
Source · BCE/KBOMIG Motors is a Public limited company incorporated in 1977. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Nazareth-De Pinte. It employs on average 80,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0417.891.440
- Incorporation
- 30/12/1977
- Legal form
- Public limited company
- Registered office
- Begoniastraat 12
9810 Nazareth-De Pinte · FlandreSee on map - Contributed capital
- 605 356,00 €
- Latest accounts
- 31/12/2023
- Average workforce
- 80,4 ETP
Activities (NACE)
45113Sale of cars and light motor vehicles· main45201Maintenance and repair of motor vehicles47811Retail sale via stalls and markets of food, beverages and tobacco products50200Sea and coastal freight water transport95311Repair of computers and personal and household goods45113Sale of cars and light motor vehicles+2
Joint committees (3)
- 112
- 200
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 16 financial years
| 2023 | 2022 | 2021 | 2018 | 2017 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 129,2 M € | +51.5% | 85,3 M € | -9.1% | 93,8 M € | +84.5% | 50,9 M € | +24.9% | 40,7 M € |
| EBITDA | 2,8 M € | +85.1% | 1,5 M € | -7.0% | 1,6 M € | +264% | 441,5 k € | -57.0% | 1 M € |
| Operating result | 1,9 M € | +212% | 621 k € | -41.6% | 1,1 M € | +526% | 169,6 k € | -79.5% | 828,6 k € |
| Net result | 325,3 k € | +5639% | 5,7 k € | -99.0% | 543,7 k € | +1572% | 32,5 k € | -92.8% | 450,2 k € |
| Balance sheet | |||||||||
| Equity | 4,8 M € | +7.3% | 4,4 M € | +0.1% | 4,4 M € | +147% | 1,8 M € | +3.9% | 1,7 M € |
| Total assets | 52,6 M € | +29.3% | 40,7 M € | +13.0% | 36 M € | +122% | 16,2 M € | +31.2% | 12,3 M € |
| Cash | 3,1 M € | +189% | 1,1 M € | +61.1% | 671,6 k € | -63.4% | 1,8 M € | +493% | 309,8 k € |
| Debts | 45,8 M € | +28.3% | 35,7 M € | +15.4% | 30,9 M € | +122% | 13,9 M € | +37.9% | 10,1 M € |
| Other | |||||||||
| Workforce | 80,4 ETP | -3.4% | 83,2 ETP | -10.1% | 92,5 ETP | +88.0% | 49,2 ETP | +17.1% | 42,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20234 active · 31 ended
Active mandates
Ended mandates
Other companies at this address
Begoniastraat 12 9810 Nazareth-De Pinte| Company | CBE no. |
|---|---|
MIG Motors Gent● Active | 0444.668.388 |
Mig Motors Wonder● Active | 0899.194.849 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/07/2025 | 11/07/2024 | 11/07/2023 | 30/06/2022 | 13/08/2021 | 27/08/2020 |
| General meeting | 28/06/2025 | 29/06/2024 | 24/06/2023 | 25/06/2022 | 25/06/2021 | 19/08/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 28/06/2025 | 31/07/2025 | Dutch | |
| Full model | 31/12/2023 | 29/06/2024 | 11/07/2024 | Dutch | |
| Full model | 31/12/2022 | 24/06/2023 | 11/07/2023 | Dutch | |
| Full model | 31/12/2021 | 25/06/2022 | 30/06/2022 | Dutch | |
| Full model | 31/12/2020 | 25/06/2021 | 13/08/2021 | Dutch | |
| Full model | 31/12/2019 | 19/08/2020 | 27/08/2020 | Dutch | |
| Full modelCorrection | 31/12/2018 | 16/07/2019 | 23/12/2019 | Dutch | |
| Full model | 31/12/2018 | 02/07/2019 | 29/08/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 11/07/2018 | Dutch | |
| Full model | 31/12/2016 | 04/07/2017 | 13/07/2017 | Dutch | |
| Full model | 31/12/2015 | 28/05/2016 | 28/06/2016 | Dutch | |
| Full model | 31/12/2014 | 25/05/2015 | 22/06/2015 | Dutch | |
| Full model | 31/12/2013 | 25/05/2014 | 30/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/05/2013 | 26/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 16/06/2012 | 12/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/06/2011 | 09/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/05/2010 | 21/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/06/2009 | 28/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/06/2008 | 08/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/05/2007 | 31/05/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20234 active · 31 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other28/08/2026DIVERSEN
- Restructuring05/08/2025KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates14/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates16/06/2025ONTSLAGEN - BENOEMINGEN
- Restructuring12/06/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Restructuring02/08/2024KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring12/06/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Registered office15/03/2024MAATSCHAPPELIJKE ZETEL
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 01/01/2025augmentation_capital
- 17/07/2024augmentation_capital
- 01/01/2024augmentation_capital
- 2023Annual accounts 2023325,3 k €↑
- 27/10/2023nominationMarc Van Herreweghe — vaste vertegenwoordiger van de NV Zilverpijl (bestuurder)
- 27/10/2023nominationVincent Yserbyt — vaste vertegenwoordiger van de NV Fleetinvest (bestuurder)
- 27/10/2023nominationChristel Lootens — vaste vertegenwoordiger van de BV Pole Position (bestuurder)
- 2022Annual accounts 20225,7 k €↓
- 2021Annual accounts 2021543,7 k €↑
- 2018Annual accounts 201832,5 k €↓
- 2017Annual accounts 2017450,2 k €↑
- 2016Annual accounts 2016-171 k €↓
- 2015Annual accounts 2015-13,9 k €↓
- 2014Annual accounts 201430,2 k €↑
- 2013Annual accounts 201351,8 €↓
- 2012Annual accounts 201227,6 k €↓
- 2011Annual accounts 2011741,5 k €↑
- 2011Name changeMIG MOTORS
- 2010Annual accounts 201099,4 k €↑
- 2009Annual accounts 2009-70 k €↓
- 2008Annual accounts 2008952,2 €↓
- 2007Annual accounts 200757,5 k €↑
- 2006Annual accounts 2006-175,9 k €
- 2006Name changeGARAGE-CARROSSERIE L. BUYSSE
- 30/12/1977IncorporationPublic limited company