NORMAL SITUATION

MIGO

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Financial year 2025 · closed on 31/12/2025
Net result
30,1 k €
+20.1% YoY
Gross margin
62,3 k €
+20.0% YoY
Equity
300 k €
+11.2% YoY

Company — Normal situation.

Strike-off: 28 juillet 2026

What does MIGO do?

MIGO is a Private limited company incorporated in 1995.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.549.801
Incorporation
23/11/1995
Legal form
Private limited company
Contributed capital
37 500,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 112
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin62,3 k €51,9 k €75,4 k €53,3 k €48,2 k €47 k €49,3 k €42,8 k €52,3 k €45,1 k €58,3 k €52,9 k €66,8 k €49 k €46,8 k €57,7 k €65,1 k €50,1 k €
EBITDA47,5 k €50,1 k €73,1 k €50,9 k €45,6 k €44 k €37,4 k €21,3 k €31 k €24,4 k €37,7 k €34,9 k €46,3 k €29,7 k €28,7 k €40,1 k €49,2 k €33 k €
Operating result45,6 k €31,3 k €59,2 k €45,7 k €31,6 k €30 k €23,4 k €18,8 k €19,8 k €10,1 k €6,8 k €8,4 k €16,4 k €1,2 k €2,6 k €13,1 k €20,1 k €4,1 k €
Net result30,1 k €25,1 k €43,4 k €30 k €21,4 k €18,9 k €13,5 k €10 k €7,8 k €3,2 k €7,4 k €7,1 k €22,7 k €1,9 k €2,2 k €16,4 k €19,9 k €-10,4 k €
Balance sheet
Equity300 k €269,9 k €368,1 k €324,7 k €294,7 k €237,1 k €218,2 k €204,7 k €194,8 k €187 k €60,5 k €197,1 k €190,1 k €190,9 k €189 k €196,2 k €193,9 k €182,6 k €
Total assets315,9 k €428,6 k €614,5 k €537,3 k €487,2 k €372,9 k €418,3 k €375 k €339 k €348,8 k €346,3 k €326,1 k €333,6 k €293,2 k €337,7 k €291,8 k €349,6 k €347,5 k €
Cash276,6 k €120,9 k €398 k €394,8 k €335,6 k €290,7 k €305,1 k €312,9 k €260,2 k €160,7 k €186,2 k €148,2 k €204,8 k €174,8 k €207,5 k €165,8 k €79,5 k €161,8 k €
Debts15,9 k €156,5 k €241,4 k €206,3 k €191,4 k €134,1 k €198,4 k €168,7 k €142,6 k €160,4 k €284,6 k €127,8 k €143,6 k €101,7 k €148,6 k €95,6 k €155,7 k €158,8 k €
Other
Workforce–0,0 ETP0,0 ETP–––0,3 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,6 ETP0,5 ETP0,5 ETP0,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

GABY - CONSULTING

Andere functie · since 30 juin 2025 · until 30 juin 2031 · 0453.809.055

Represented by Kristof Gabriëls

Active
Ignace Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active
Stefaan Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active
Yves Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active

Ended mandates

GUIDO MESSIAEN

Director · since 23 novembre 1995

Ended
GUIDO MESSIAEN

Manager · since 23 novembre 1995

Ended
Guido Messiaen

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202611/06/202510/04/202421/06/202331/05/202201/06/2021
General meeting29/05/202611/06/202509/04/202419/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202617/06/2026DutchPDF
Abridged model31/12/202411/06/202511/06/2025DutchPDF
Abridged model31/12/202309/04/202410/04/2024DutchPDF
Abridged model31/12/202219/06/202321/06/2023DutchPDF
Abridged model31/12/202127/05/202231/05/2022DutchPDF
Abridged model31/12/202028/05/202101/06/2021DutchPDF
Abridged model31/12/201929/05/202008/06/2020DutchPDF
Abridged model31/12/201831/05/201903/06/2019DutchPDF
Abridged model31/12/201725/05/201816/07/2018DutchPDF
Abridged model31/12/201626/05/201715/06/2017DutchPDF
Abridged model31/12/201527/05/201631/05/2016DutchPDF
Abridged model31/12/201429/05/201502/06/2015DutchPDF
Abridged model31/12/201330/05/201404/06/2014DutchPDF
Abridged model31/12/201231/05/201320/08/2013DutchPDF
Abridged model31/12/201125/05/201221/06/2012DutchPDF
Abridged model31/12/201027/05/201103/06/2011DutchPDF
Abridged model31/12/200928/05/201009/06/2010DutchPDF
Abridged model31/12/200829/05/200909/06/2009DutchPDF
Abridged model31/12/200730/05/200802/06/2008DutchPDF
Abridged model31/12/200625/05/200705/07/2007DutchPDF
Estimate

Indicative valuation

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 · 4 active · 3 ended

Active mandates

GABY - CONSULTING

Andere functie · since 30 juin 2025 · until 30 juin 2031 · 0453.809.055

Represented by Kristof Gabriëls

Active
Ignace Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active
Stefaan Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active
Yves Gabriëls

Director · since 30 juin 2025 · until 30 juin 2031

Active

Ended mandates

GUIDO MESSIAEN

Director · since 23 novembre 1995

Ended
GUIDO MESSIAEN

Manager · since 23 novembre 1995

Ended
Guido Messiaen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution04/08/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Registered office04/04/2006
    MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    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

Timeline

  1. 2025
    Annual accounts 202530,1 k €↑
  2. 2024
    Annual accounts 202425,1 k €↓
  3. 2023
    Annual accounts 202343,4 k €↑
  4. 2022
    Annual accounts 202230 k €↑
  5. 2021
    Annual accounts 202121,4 k €↑
  6. 2018
    Annual accounts 201818,9 k €↑
  7. 2017
    Annual accounts 201713,5 k €↑
  8. 2016
    Annual accounts 201610 k €↑
  9. 2015
    Annual accounts 20157,8 k €↑
  10. 2014
    Annual accounts 20143,2 k €↓
  11. 2013
    Annual accounts 20137,4 k €↑
  12. 2012
    Annual accounts 20127,1 k €↓
  13. 2011
    Annual accounts 201122,7 k €↑
  14. 2010
    Annual accounts 20101,9 k €↓
  15. 2009
    Annual accounts 20092,2 k €↓
  16. 2008
    Annual accounts 200816,4 k €↓
  17. 2007
    Annual accounts 200719,9 k €↑
  18. 2006
    Annual accounts 2006-10,4 k €
  19. 23/11/1995
    IncorporationPrivate limited company