ACTIVE

MIAU

Financial year 2025 · closed on 31/12/2025
Net result
434,7 k €
+168.3% YoY
Gross margin
606,8 k €
+150.8% YoY
Equity
453,3 k €
+47.2% YoY
Workforce
0,0 ETP

What does MIAU do?

MIAU is a Private limited company incorporated in 2015. Its main activity is: Activities of holding companies. Its registered office is in Heusden-Zolder.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0633.827.791
Incorporation
14/07/2015
Legal form
Private limited company
Registered office
Geenrijt 67
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin606,8 k €242 k €226,7 k €175,4 k €184,9 k €178,1 k €93,6 k €61,2 k €76,2 k €65,6 k €
EBITDA605,9 k €240,6 k €225,1 k €173,2 k €183,6 k €176,5 k €92,2 k €59,7 k €74,5 k €63,7 k €
Operating result576,9 k €214,4 k €198,5 k €161,1 k €181,4 k €174,4 k €90 k €57,2 k €72,2 k €59,6 k €
Net result434,7 k €162 k €150,7 k €116,5 k €130 k €126,8 k €58,8 k €34,8 k €43,4 k €37,6 k €
Balance sheet
Equity453,3 k €307,9 k €389,9 k €292,1 k €234,5 k €178,8 k €180,8 k €122 k €87,2 k €43,8 k €
Total assets938,4 k €598 k €582,4 k €529,6 k €492,4 k €467,7 k €427,2 k €411,8 k €385,1 k €66,8 k €
Cash77,8 k €30,8 k €19,3 k €8,7 k €181,5 k €128,2 k €18,3 k €16,8 k €31,7 k €50,2 k €
Debts485,1 k €290,1 k €192,6 k €237,4 k €257,9 k €288,9 k €245,7 k €289,7 k €297,9 k €23 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 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 31/12/2025 · 2 active · 3 ended

Active mandates

Ellen Theunis

Director · since 01 octobre 2019

Active
Joris Ceyssens

Director · since 03 juillet 2015

Active

Ended mandates

Joris Ceyssens

Manager · since 01 juillet 2015

Ended
Ellen Theunis

Director

Ended
Joris Ceyssens

Director

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 date07/08/202622/08/202529/07/202431/08/202326/07/202231/08/2021
General meeting30/06/202603/06/202503/06/202405/06/202303/06/202203/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202607/08/2026DutchPDF
Abridged model31/12/202403/06/202522/08/2025DutchPDF
Abridged model31/12/202303/06/202429/07/2024DutchPDF
Abridged model31/12/202205/06/202331/08/2023DutchPDF
Abridged model31/12/202103/06/202226/07/2022DutchPDF
Abridged model31/12/202003/06/202131/08/2021DutchPDF
Micro model31/12/201903/06/202021/08/2020DutchPDF
Micro model31/12/201803/06/201907/08/2019DutchPDF
Micro model31/12/201704/06/201822/08/2018DutchPDF
Abridged model31/12/201603/06/201718/08/2017DutchPDF
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 31/12/2025 · 2 active · 3 ended

Active mandates

Ellen Theunis

Director · since 01 octobre 2019

Active
Joris Ceyssens

Director · since 03 juillet 2015

Active

Ended mandates

Joris Ceyssens

Manager · since 01 juillet 2015

Ended
Ellen Theunis

Director

Ended
Joris Ceyssens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/07/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025434,7 k €
  2. 2024
    Annual accounts 2024162 k €
  3. 2023
    Annual accounts 2023150,7 k €
  4. 2022
    Annual accounts 2022116,5 k €
  5. 2021
    Annual accounts 2021130 k €
  6. 2020
    Annual accounts 2020126,8 k €
  7. 2019
    Annual accounts 201958,8 k €
  8. 2018
    Annual accounts 201834,8 k €
  9. 2017
    Annual accounts 201743,4 k €
  10. 2016
    Annual accounts 201637,6 k €
  11. 14/07/2015
    IncorporationPrivate limited company