ACTIVE

Migration Policy Group

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Financial year 2025 · closed on 31/12/2025

Net result

3,9 k €

-29.4% YoY

Revenue

727 k €

+5.0% YoY

Equity

227,5 k €

+1.8% YoY

Workforce

10,9 ETP

-1.8% YoY

What does Migration Policy Group do?

Migration Policy Group is a International non-profit organization incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek. It employs on average 10,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0545.923.225

Incorporation

10/02/2014

Legal form

International non-profit organization

Registered office

Avenue de Tervueren 32-34 box 1
1040 Etterbeek · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

10,9 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 94999Activities of other membership organisations n.e.c.94999Activities of other membership organisations n.e.c.

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	727 k €	+5.0%	692,5 k €	-12.1%	788,2 k €	-32.2%	1,2 M €		–		974,7 k €	-21.0%	1,2 M €	-6.2%	1,3 M €	+86.8%	703,9 k €	-33.6%	1,1 M €
EBITDA	1,6 k €	-56.5%	3,7 k €	-93.2%	54,9 k €	+169%	-80,1 k €	-401%	26,6 k €	+142%	-63,2 k €	+29.3%	-89,4 k €	-279%	49,9 k €	+130%	-167,5 k €	-223%	136,7 k €
Operating result	515 €	-79.4%	2,5 k €	-95.3%	53,2 k €	+165%	-81,6 k €	-432%	24,6 k €	+138%	-65,6 k €	+29.6%	-93,2 k €	-304%	45,6 k €	+126%	-173,4 k €	-231%	132,4 k €
Net result	3,9 k €	-29.4%	5,6 k €	-88.8%	49,6 k €	+161%	-81,7 k €	-480%	21,5 k €	+132%	-66,7 k €	-142%	159,7 k €	+244%	46,4 k €	+127%	-173,7 k €	-227%	136,6 k €
Balance sheet
Equity	227,5 k €	+1.8%	223,5 k €	+2.6%	218 k €	+29.5%	168,3 k €	-32.7%	250 k €	+9.4%	228,5 k €	-22.6%	295,2 k €	+118%	135,6 k €	+52.1%	89,1 k €	-66.1%	262,9 k €
Total assets	1,1 M €	-10.5%	1,2 M €	-4.0%	1,3 M €	+3.3%	1,2 M €	-29.8%	1,7 M €	+93.4%	895,2 k €	-20.0%	1,1 M €	+27.7%	876,2 k €	+13.8%	770,2 k €	+10.0%	700,1 k €
Cash	342 k €	+0.7%	339,5 k €	-17.2%	410 k €	+206%	134,1 k €	-81.1%	709,8 k €	+31.1%	541,5 k €	-19.1%	669 k €	+41.4%	473,1 k €	+3.0%	459,4 k €		–
Debts	338,2 k €	+29.7%	260,9 k €	-13.0%	299,8 k €	+29.1%	232,2 k €	-53.1%	495,1 k €	+0.1%	494,4 k €	-36.7%	781,4 k €	+5.5%	740,6 k €	+8.7%	681,1 k €	+117%	313,4 k €
Other
Workforce	10,9 ETP	-1.8%	11,1 ETP	+15.6%	9,6 ETP	+5.5%	9,1 ETP	-9.0%	10,0 ETP	-2.0%	10,2 ETP	-4.7%	10,7 ETP	-33.1%	16,0 ETP	+6.7%	15,0 ETP	+82.9%	8,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 21 ended

Active mandates

Alain DENEEF

Mandate

Active

Costanza HERMANIN DE REICHENFELD

Mandate

Active

Roland VEREECKEN

Mandate

Active

Sarah SOMMER

Mandate

Active

Thomas HUDDLESTON

Mandate

Active

Tora Krisztina

Mandate

Active

Ended mandates

Hajri CHARKAOUI

Director · since 26 avril 2021

Ended

Alain DENEEF

Director · since 04 juin 2020 · until 03 juin 2024

Ended

Roeland VEREECKEN

Chairman of the board of directors · since 04 juin 2020 · until 25 juin 2021

Ended

Roeland VEREECKEN

Chairman of the board of directors · since 04 juin 2020 · until 24 novembre 2024

Ended

At this address

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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	01/01/2025	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	30/04/2026	28/04/2025	26/04/2024	21/06/2023	25/07/2022	14/06/2021
General meeting	21/04/2026	22/04/2025	23/04/2024	10/06/2023	28/06/2022	27/05/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/04/2026	30/04/2026	French	PDF
Abridged model	31/12/2024	22/04/2025	28/04/2025	French	PDF
Abridged model	31/12/2023	23/04/2024	26/04/2024	French	PDF
Abridged modelCorrection	31/12/2022	10/06/2023	21/06/2023	French	PDF
Abridged model	31/12/2022	10/06/2023	16/06/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	27/05/2021	14/06/2021	French	PDF
Abridged model	31/12/2019	04/06/2020	15/06/2020	French	PDF
Abridged modelCorrection	31/12/2018	25/09/2019	16/01/2020	French	PDF
Abridged model	31/12/2018	25/09/2019	26/09/2019	French	PDF
Abridged model	31/12/2017	20/09/2018	21/09/2018	French	PDF
Abridged model	31/12/2016	09/10/2017	28/10/2017	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 6 active · 21 ended

Active mandates

Alain DENEEF

Mandate

Active

Costanza HERMANIN DE REICHENFELD

Mandate

Active

Roland VEREECKEN

Mandate

Active

Sarah SOMMER

Mandate

Active

Thomas HUDDLESTON

Mandate

Active

Tora Krisztina

Mandate

Active

Ended mandates

Hajri CHARKAOUI

Director · since 26 avril 2021

Ended

Alain DENEEF

Director · since 04 juin 2020 · until 03 juin 2024

Ended

Roeland VEREECKEN

Chairman of the board of directors · since 04 juin 2020 · until 25 juin 2021

Ended

Roeland VEREECKEN

Chairman of the board of directors · since 04 juin 2020 · until 24 novembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office09/11/2022
SIEGE SOCIAL
PDF
Other27/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/03/2022
DEMISSIONS, NOMINATIONS
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 20253,9 k €↓
2024
Annual accounts 20245,6 k €↓
2023
Annual accounts 202349,6 k €↑
2022
Annual accounts 2022-81,7 k €↓
2021
Annual accounts 202121,5 k €↑
2020
Annual accounts 2020-66,7 k €↓
2019
Annual accounts 2019159,7 k €↑
2018
Annual accounts 201846,4 k €↑
2017
Annual accounts 2017-173,7 k €↓
2016
Annual accounts 2016136,6 k €
10/02/2014
IncorporationInternational non-profit organization

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

Migration Policy Group

Overview

What does Migration Policy Group do?

Trend over 10 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