ACTIVE

MI RAD

Financial year 2025 · closed on 30/06/2025
Net result
930,6 k €
+3.9% YoY
Gross margin
1,3 M €
+4.0% YoY
Equity
18,6 k €
0.0% YoY

What does MI RAD do?

MI RAD is a Private limited company incorporated in 2016. Its registered office is in Bonheiden.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0648.605.445
Incorporation
11/02/2016
Legal form
Private limited company
Registered office
Oude Booischotsebaan 118
2820 Bonheiden · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222020201920182017
Income statement
Gross margin1,3 M €1,2 M €1 M €1,1 M €616,4 k €534,1 k €380,3 k €402,9 k €
EBITDA1,3 M €1,2 M €1 M €1,1 M €615,8 k €533,1 k €379 k €401,1 k €
Operating result1,2 M €1,2 M €1 M €1,1 M €606,6 k €523,5 k €371,5 k €389,7 k €
Net result930,6 k €896 k €770,7 k €815,8 k €438,6 k €379,5 k €223,7 k €232,6 k €
Balance sheet
Equity18,6 k €18,6 k €242,3 k €474,9 k €474,9 k €847,4 k €468,7 k €245 k €
Total assets947,3 k €938,2 k €732,7 k €1 M €1,3 M €1 M €638,5 k €430,4 k €
Cash746 k €881,4 k €645,5 k €978,1 k €1,2 M €908,3 k €552,7 k €363,1 k €
Debts928,7 k €919,6 k €490,1 k €548,6 k €842,5 k €159,3 k €169,8 k €185,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 3 ended

Active mandates

Ines Joye

Director · since 15 octobre 2020

Active
Mathieu Alexander Lefere

Director · since 11 février 2016

Active

Ended mandates

Mathieu Lefere

Director · since 11 février 2016

Ended
Mathieu Lefere

Director

Ended
Mathieu Lefere

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/12/202525/11/202403/10/202327/10/202221/01/202204/12/2020
General meeting26/11/202514/11/202430/09/202325/10/202211/12/202118/07/2020
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202526/11/202501/12/2025DutchPDF
Abridged model30/06/202414/11/202425/11/2024DutchPDF
Micro model30/06/202330/09/202303/10/2023DutchPDF
Micro model30/06/202225/10/202227/10/2022DutchPDF
Micro model30/06/202111/12/202121/01/2022DutchPDF
Micro model30/06/202018/07/202004/12/2020DutchPDF
Micro model30/06/201914/12/201910/01/2020DutchPDF
Micro model30/06/201808/12/201804/01/2019DutchPDF
Micro model30/06/201709/12/201709/01/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 2 active · 3 ended

Active mandates

Ines Joye

Director · since 15 octobre 2020

Active
Mathieu Alexander Lefere

Director · since 11 février 2016

Active

Ended mandates

Mathieu Lefere

Director · since 11 février 2016

Ended
Mathieu Lefere

Director

Ended
Mathieu Lefere

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/11/2020
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office02/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/02/2016
    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 2025930,6 k €
  2. 2024
    Annual accounts 2024896 k €
  3. 2023
    Annual accounts 2023770,7 k €
  4. 2022
    Annual accounts 2022815,8 k €
  5. 2020
    Annual accounts 2020438,6 k €
  6. 2019
    Annual accounts 2019379,5 k €
  7. 2018
    Annual accounts 2018223,7 k €
  8. 2017
    Annual accounts 2017232,6 k €
  9. 11/02/2016
    IncorporationPrivate limited company