MIG
0449.168.101 · rovalta.com · 23/09/2026
ACTIVE
MIG
Financial year 2025 · closed on 31/03/2025
Net result
-174 k €
-1523.5% YoY
Gross margin
-92,2 k €
-248.3% YoY
Equity
112,7 k €
-60.7% YoY
Overview
What does MIG do?
MIG is a Private limited company incorporated in 1993. Its main activity is: Sewerage. Its registered office is in Balen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0449.168.101
Incorporation
14/01/1993
Legal form
Private limited company
Registered office
Molenstraat 363
2490 Balen · FlandreSee on map
2490 Balen · FlandreSee on map
Contributed capital
20 451,00 €
Latest accounts
31/03/2025
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
Solid equity
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2016 | 2014 | 2013 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | -92,2 k € | -248% | 62,1 k € | -28.8% | 87,2 k € | -47.2% | 165,2 k € | +115% | 76,7 k € | -65.2% | 220,6 k € | +64.5% | 134,1 k € | +15.6% | 116 k € | +2.7% | 112,9 k € | -1.3% | 114,4 k € | +43.5% | 79,8 k € | +26.5% | 63,1 k € | -13.1% | 72,5 k € | +58.8% | 45,7 k € | +339% | -19,1 k € | -27.6% | -15 k € |
| EBITDA | -153,9 k € | -374% | 56,1 k € | -16.4% | 67,1 k € | -41.0% | 113,9 k € | +162% | 43,4 k € | -70.5% | 147,2 k € | +351% | 32,7 k € | +47.7% | 22,1 k € | -68.3% | 69,8 k € | -13.8% | 81,1 k € | +58.0% | 51,3 k € | +43.5% | 35,7 k € | -28.0% | 49,6 k € | +10.3% | 45 k € | +334% | -19,3 k € | -18.6% | -16,2 k € |
| Operating result | -167,3 k € | -819% | 23,3 k € | -32.3% | 34,4 k € | -58.2% | 82,2 k € | +554% | 12,6 k € | -84.6% | 81,4 k € | +323% | 19,3 k € | +93.2% | 10 k € | -77.1% | 43,6 k € | -36.3% | 68,4 k € | +91.8% | 35,7 k € | +66.6% | 21,4 k € | -50.3% | 43,1 k € | -4.2% | 45 k € | +334% | -19,3 k € | -18.6% | -16,2 k € |
| Net result | -174 k € | -1523% | 12,2 k € | +146% | -26,4 k € | -148% | 54,9 k € | +1071% | 4,7 k € | -95.8% | 111,7 k € | +2910% | 3,7 k € | -74.4% | 14,5 k € | -59.1% | 35,4 k € | -36.2% | 55,5 k € | -72.0% | 198,4 k € | +1429% | 13 k € | -54.8% | 28,7 k € | -42.8% | 50,2 k € | +358% | -19,5 k € | -39.2% | -14 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 112,7 k € | -60.7% | 286,7 k € | +4.5% | 274,4 k € | -8.8% | 300,8 k € | +22.3% | 245,9 k € | +1.9% | 241,2 k € | +2.6% | 235,2 k € | +1.6% | 231,5 k € | +6.7% | 217 k € | +186% | 76 k € | -61.8% | 198,6 k € | +1525% | 12,2 k € | +1732% | -749 € | +97.5% | -29,4 k € | +63.0% | -79,6 k € | -32.3% | -60,1 k € |
| Total assets | 276,2 k € | -48.7% | 538,3 k € | -4.7% | 565,2 k € | +0.5% | 562,1 k € | +0.9% | 557,1 k € | -6.3% | 594,7 k € | +36.7% | 434,9 k € | -6.7% | 466,2 k € | +14.7% | 406,3 k € | +125% | 180,8 k € | -50.1% | 362,5 k € | +292% | 92,5 k € | -11.6% | 104,6 k € | +172% | 38,4 k € | +248% | 11,1 k € | -51.5% | 22,8 k € |
| Cash | 93,5 k € | +62.2% | 57,7 k € | -23.9% | 75,8 k € | +120% | 34,4 k € | +116% | 15,9 k € | -66.7% | 47,9 k € | -80.9% | 250,4 k € | -9.3% | 275,9 k € | +310% | 67,3 k € | +26.3% | 53,3 k € | -40.2% | 89,1 k € | +2134% | 4 k € | +2.7% | 3,9 k € | -78.2% | 17,8 k € | +7719% | 228 € | +4.6% | 218 € |
| Debts | 163,5 k € | -35.0% | 251,7 k € | -13.4% | 290,7 k € | +11.3% | 261,3 k € | -16.0% | 311,2 k € | -12.0% | 353,4 k € | +76.9% | 199,8 k € | -14.9% | 234,7 k € | +38.7% | 169,3 k € | +61.4% | 104,9 k € | -36.0% | 163,8 k € | +104% | 80,3 k € | -23.8% | 105,4 k € | +55.3% | 67,9 k € | -25.1% | 90,7 k € | +37.1% | 66,1 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | – | – | 0,5 ETP | -50.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | |||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 3 ended
Active mandates
Robert WOUTERS
ActiveEnded mandates
Robert Wouters
EndedJean Olbrechts
EndedRobert WOUTERS
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/09/2018 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 19 months |
| Filing date | 17/11/2025 | 04/10/2024 | 29/10/2023 | 31/10/2022 | 31/10/2021 | 30/10/2020 |
| General meeting | 20/09/2025 | 06/09/2024 | 01/09/2023 | 02/09/2022 | 03/09/2021 | 04/09/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 20/09/2025 | 17/11/2025 | Dutch | |
| Abridged model | 31/03/2024 | 06/09/2024 | 04/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 01/09/2023 | 29/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 02/09/2022 | 31/10/2022 | Dutch | |
| Abridged model | 31/03/2021 | 03/09/2021 | 31/10/2021 | Dutch | |
| Abridged model | 31/03/2020 | 04/09/2020 | 30/10/2020 | Dutch | |
| Abridged model | 31/08/2018 | 28/02/2019 | 02/04/2019 | Dutch | |
| Abridged model | 30/09/2016 | 28/12/2016 | 30/12/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 22/10/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 17/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 19/06/2007 | 29/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
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
Governance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 3 ended
Active mandates
Robert WOUTERS
ActiveEnded mandates
Robert Wouters
EndedJean Olbrechts
EndedRobert WOUTERS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates14/01/2020ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Other30/09/2019ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other05/03/2018BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other18/10/2017BOEKJAAR
- Registered office20/01/2017MAATSCHAPPELIJKE ZETEL
- Other07/01/2016ALGEMENE VERGADERING - BOEKJAAR
- Capital / shares09/04/2014DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Registered office05/12/2007MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-174 k €↓
- 2024Annual accounts 202412,2 k €↑
- 2023Annual accounts 2023-26,4 k €↓
- 2022Annual accounts 202254,9 k €↑
- 2021Annual accounts 20214,7 k €↓
- 2020Annual accounts 2020111,7 k €↑
- 2018Annual accounts 20183,7 k €↓
- 2016Annual accounts 201614,5 k €↓
- 2014Annual accounts 201435,4 k €↓
- 2013Annual accounts 201355,5 k €↓
- 2011Annual accounts 2011198,4 k €↑
- 2010Annual accounts 201013 k €↓
- 2009Annual accounts 200928,7 k €↓
- 2008Annual accounts 200850,2 k €↑
- 2007Annual accounts 2007-19,5 k €↓
- 2006Annual accounts 2006-14 k €
- 14/01/1993IncorporationPrivate limited company