ACTIVE

MIVIGUI

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Financial year 2025 · closed on 31/03/2025

Net result

27,2 k €

-99.3% YoY

Gross margin

66 k €

-83.2% YoY

Equity

9,2 M €

+0.3% YoY

Workforce

0,0 ETP

-100.0% YoY

What does MIVIGUI do?

MIVIGUI is a Public limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Vleteren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.520.611

Incorporation

27/06/1995

Legal form

Public limited company

Registered office

Woestenstraat(Oost) 41
8640 Vleteren · FlandreSee on map

Contributed capital

1 321 500,00 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	66 k €	-83.2%	392 k €	-39.6%	648,7 k €	-25.3%	867,9 k €	+35.2%	641,8 k €	-4.7%	673,7 k €	+21.0%	556,9 k €	+86.1%	299,2 k €	-60.1%	749,8 k €	+71.7%	436,8 k €	+4.6%	417,5 k €	+29.0%	323,7 k €	+2.1%	316,9 k €	+2.8%	308,1 k €	+8.8%	283,2 k €	-8.7%	310 k €	+39.8%	221,7 k €
EBITDA	46,3 k €	-85.8%	325,3 k €	-42.1%	562,1 k €	-29.6%	798,5 k €	+43.7%	555,5 k €	-6.7%	595,5 k €	+20.8%	492,7 k €	+53.3%	321,4 k €	-47.9%	617,4 k €	+57.0%	393,3 k €	+7.4%	366,2 k €	+29.5%	282,9 k €	+1.3%	279,3 k €	+0.6%	277,6 k €	+4.6%	265,4 k €	-11.4%	299,5 k €	+40.8%	212,7 k €
Operating result	-77,9 k €	-137%	208,1 k €	-52.8%	441,1 k €	-33.7%	665,5 k €	+76.3%	377,5 k €	-26.3%	512,2 k €	+24.1%	412,7 k €	+69.4%	243,6 k €	-50.6%	493 k €	+56.2%	315,6 k €	+9.4%	288,5 k €	+60.1%	180,2 k €	-4.2%	188,1 k €	+2.1%	184,3 k €	-2.5%	189,2 k €	-12.8%	216,9 k €	+44.1%	150,5 k €
Net result	27,2 k €	-99.3%	3,8 M €	+385%	775 k €	-16.3%	925,9 k €	+51.8%	609,8 k €	+98.6%	307 k €	+42.1%	216 k €	+97.7%	109,2 k €	-55.6%	246,2 k €	-30.1%	352,4 k €	+63.8%	215,2 k €	+215%	68,4 k €	-23.6%	89,5 k €	-22.1%	114,8 k €	+0.3%	114,5 k €	-7.2%	123,3 k €	+17.3%	105,1 k €
Balance sheet
Equity	9,2 M €	+0.3%	9,2 M €	+68.8%	5,5 M €	+16.5%	4,7 M €	+33.9%	3,5 M €	+21.1%	2,9 M €	+11.9%	2,6 M €	+9.1%	2,4 M €	+4.8%	2,3 M €	+12.2%	2 M €	+11.8%	1,8 M €	+13.6%	1,6 M €	+4.5%	1,5 M €	+6.3%	1,4 M €	+8.7%	1,3 M €	+9.6%	1,2 M €	-20.6%	1,5 M €
Total assets	11,3 M €	+0.1%	11,3 M €	+36.0%	8,3 M €	-0.3%	8,4 M €	+6.6%	7,8 M €	+69.1%	4,6 M €	+7.9%	4,3 M €	+5.5%	4,1 M €	+13.5%	3,6 M €	+1.1%	3,6 M €	+5.3%	3,4 M €	+21.4%	2,8 M €	+4.8%	2,7 M €	+0.9%	2,6 M €	+14.0%	2,3 M €	-3.8%	2,4 M €	+3.6%	2,3 M €
Cash	1,3 M €	-35.3%	2 M €	+356%	444,2 k €	-67.4%	1,4 M €	+654%	180,5 k €	-81.9%	998,5 k €	+66.2%	600,9 k €	+2.3%	587,7 k €	-0.7%	591,7 k €	+14.6%	516,1 k €	+28.8%	400,7 k €	+34.7%	297,5 k €	+1420%	19,6 k €	-23.5%	25,6 k €	-89.8%	251,8 k €	+3046%	8 k €	-94.5%	145 k €
Debts	2 M €	+0.4%	2 M €	-26.4%	2,7 M €	-24.3%	3,6 M €	-15.3%	4,2 M €	+158%	1,6 M €	+2.8%	1,6 M €	+1.3%	1,6 M €	+42.6%	1,1 M €	-23.3%	1,4 M €	-2.2%	1,5 M €	+27.5%	1,2 M €	+7.4%	1,1 M €	-1.5%	1,1 M €	+17.2%	932 k €	-19.2%	1,2 M €	+48.8%	775,4 k €
Other
Workforce	0,0 ETP	-100%	0,8 ETP	-38.5%	1,3 ETP	0.0%	1,3 ETP	-27.8%	1,8 ETP	0.0%	1,8 ETP	+28.6%	1,4 ETP	+40.0%	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	+66.7%	0,6 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 15 ended

Active mandates

Caroline Wallays

Director · since 21 septembre 2023

Active

Ended mandates

Caroline Wallays

Director · since 15 septembre 2018 · until 15 septembre 2024

Ended

Caroline Wallays

Director · since 15 septembre 2018 · until 21 septembre 2024

Ended

Gisele Lievens

Director · since 15 septembre 2018 · until 19 septembre 2024

Ended

Gisele Lievens

Director · since 15 septembre 2018 · until 21 septembre 2024

Ended

At this address

Other companies at this address

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Cornette beleggingen● Active	0726.552.269
Cornette participatie● Active	0726.552.368
CORVA● Active	0434.744.201
CORVA TRANS● Active	0469.692.608

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	01/04/2019
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	12 months
Filing date	20/10/2025	15/10/2024	29/09/2023	30/09/2022	27/09/2021	27/10/2020
General meeting	20/09/2025	21/09/2024	16/09/2023	17/09/2022	18/09/2021	19/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	20/09/2025	20/10/2025	Dutch	PDF
Abridged model	31/03/2024	21/09/2024	15/10/2024	Dutch	PDF
Abridged model	31/03/2023	16/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/03/2022	17/09/2022	30/09/2022	Dutch	PDF
Abridged model	31/03/2021	18/09/2021	27/09/2021	Dutch	PDF
Abridged model	31/03/2020	19/09/2020	27/10/2020	Dutch	PDF
Abridged model	31/03/2019	21/09/2019	24/09/2019	Dutch	PDF
Abridged model	31/03/2018	15/09/2018	11/10/2018	Dutch	PDF
Abridged model	31/03/2017	16/09/2017	12/10/2017	Dutch	PDF
Abridged model	31/03/2016	17/09/2016	06/10/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	13/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	13/02/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	15/02/2013	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	13/02/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	14/02/2011	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	23/01/2009	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	29/01/2008	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	29/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

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 31/03/2025 · 1 active · 15 ended

Active mandates

Caroline Wallays

Director · since 21 septembre 2023

Active

Ended mandates

Caroline Wallays

Director · since 15 septembre 2018 · until 15 septembre 2024

Ended

Caroline Wallays

Director · since 15 septembre 2018 · until 21 septembre 2024

Ended

Gisele Lievens

Director · since 15 septembre 2018 · until 19 septembre 2024

Ended

Gisele Lievens

Director · since 15 septembre 2018 · until 21 septembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other14/07/2015
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares19/05/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/03/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/12/2007
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 202527,2 k €↓
2024
Annual accounts 20243,8 M €↑
2023
Annual accounts 2023775 k €↓
2022
Annual accounts 2022925,9 k €↑
2020
Annual accounts 2020609,8 k €↑
2019
Annual accounts 2019307 k €↑
2018
Annual accounts 2018216 k €↑
2017
Annual accounts 2017109,2 k €↓
2016
Annual accounts 2016246,2 k €↓
2014
Annual accounts 2014352,4 k €↑
2013
Annual accounts 2013215,2 k €↑
2012
Annual accounts 201268,4 k €↓
2011
Annual accounts 201189,5 k €↓
2010
Annual accounts 2010114,8 k €↑
2009
Annual accounts 2009114,5 k €↓
2008
Annual accounts 2008123,3 k €↑
2007
Annual accounts 2007105,1 k €
27/06/1995
IncorporationPublic 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

MIVIGUI

Overview

What does MIVIGUI do?

Trend over 17 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