ACTIVE

MIGB

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Financial year 2025 · closed on 31/12/2025

Net result

582,7 k €

+320.7% YoY

Gross margin

243,5 k €

-4.8% YoY

Equity

3 M €

+23.8% YoY

What does MIGB do?

MIGB is a Private limited company incorporated in 2009. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.382.639

Incorporation

12/03/2009

Legal form

Private limited company

Registered office

Twee Dreven 92
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

1 643 460,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	243,5 k €	-4.8%	255,6 k €	+105%	125 k €	-64.5%	352,4 k €	+236%	104,9 k €	-0.0%	105 k €	+3189%	-3,4 k €	-112%	27,4 k €	+158%	10,6 k €	+201%	3,5 k €	+204%	-3,4 k €	+15.7%	-4 k €	-36.6%	-2,9 k €	+43.1%	-5,2 k €	+51.5%	-10,7 k €	-159%	18 k €
EBITDA	241,1 k €	+5.8%	227,9 k €	+237%	67,5 k €	-75.5%	275,6 k €	+326%	64,6 k €	-37.9%	104,2 k €	+2654%	-4,1 k €	-115%	26,7 k €	+169%	9,9 k €	+249%	2,8 k €	+174%	-3,9 k €	+24.9%	-5,1 k €	-42.2%	-3,6 k €	+48.5%	-7 k €	+37.4%	-11,2 k €	-171%	15,9 k €
Operating result	216,6 k €	+5.2%	206 k €	+301%	51,4 k €	-80.2%	259,4 k €	+435%	48,4 k €	-45.1%	88,3 k €	+1839%	-5,1 k €	-120%	25,7 k €	+188%	8,9 k €	+384%	1,8 k €	+148%	-3,9 k €	+25.0%	-5,1 k €	-40.6%	-3,7 k €	+49.4%	-7,2 k €	+48.1%	-13,9 k €	-227%	10,9 k €
Net result	582,7 k €	+321%	138,5 k €	+508%	22,8 k €	-96.1%	580,1 k €	+1931%	28,6 k €	-60.4%	72,1 k €	+1401%	-5,5 k €	-122%	24,7 k €	+675%	-4,3 k €	-5030%	-83,7 €	+98.7%	-6,4 k €	+19.8%	-8 k €	-19.6%	-6,6 k €	+38.9%	-10,9 k €	+36.8%	-17,2 k €	-560%	3,7 k €
Balance sheet
Equity	3 M €	+23.8%	2,5 M €	+6.0%	2,3 M €	+1.0%	2,3 M €	+33.9%	1,7 M €	+536%	269,2 k €	+53.8%	175,1 k €	-3.1%	180,6 k €	+15.8%	155,9 k €	-2.7%	160,2 k €	+510%	-39,1 k €	-19.5%	-32,7 k €	-32.1%	-24,8 k €	-36.7%	-18,1 k €	-150%	-7,3 k €	-173%	9,9 k €
Total assets	3,6 M €	+0.1%	3,6 M €	+15.2%	3,1 M €	-0.8%	3,1 M €	+1.9%	3,1 M €	+598%	442,2 k €	+124%	197,2 k €	-8.1%	214,5 k €	+9.5%	195,8 k €	-15.1%	230,6 k €	+2483%	8,9 k €	-35.5%	13,8 k €	-43.5%	24,5 k €	-39.2%	40,4 k €	-32.4%	59,7 k €	-32.8%	88,8 k €
Cash	15,7 k €	-66.3%	46,6 k €	+1.1%	46 k €	+625%	6,3 k €	-60.4%	16 k €	-72.3%	57,9 k €	+3142%	1,8 k €	-90.5%	18,7 k €	+233%	5,6 k €	-57.0%	13,1 k €	+526%	2,1 k €	-64.2%	5,8 k €	-16.7%	7 k €	-55.1%	15,6 k €	-43.5%	27,6 k €	-43.6%	49 k €
Debts	557,9 k €	-50.9%	1,1 M €	+42.5%	796,6 k €	-6.0%	847,2 k €	-38.1%	1,4 M €	+691%	173 k €	+681%	22,2 k €	-34.6%	33,9 k €	-15.1%	39,9 k €	-43.3%	70,3 k €	+46.4%	48 k €	+3.1%	46,6 k €	-5.5%	49,3 k €	-15.7%	58,5 k €	-12.7%	67 k €	-14.7%	78,5 k €
Other
Workforce	–		0,5 ETP		–		1,0 ETP	+66.7%	0,6 ETP		–		–		–		–		–		–		–		–		–		–		0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Monique BUYSSE

Administrator - manager

Active

Tom GUILLAUME

Administrator - manager

Active

Ended mandates

Monique BUYSSE

Manager · since 31 octobre 2011

Ended

Monique BUYSSE

Manager

Ended

Tom Florent GUILLAUME

Manager

Ended

Tom GUILLAUME

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CEGB● Active	0817.862.824
GOGB● Active	0833.060.744

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	21/05/2026	20/06/2025	22/05/2024	24/05/2023	03/06/2022	09/03/2021
General meeting	18/05/2026	19/05/2025	20/05/2024	15/05/2023	16/05/2022	07/03/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	21/05/2026	Dutch	PDF
Abridged model	31/12/2024	19/05/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2023	20/05/2024	22/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	24/05/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	03/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/03/2021	09/03/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	27/05/2019	Dutch	PDF
Abridged model	31/12/2017	21/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	26/05/2014	Dutch	PDF
Abridged model	31/12/2012	20/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	06/07/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Monique BUYSSE

Administrator - manager

Active

Tom GUILLAUME

Administrator - manager

Active

Ended mandates

Monique BUYSSE

Manager · since 31 octobre 2011

Ended

Monique BUYSSE

Manager

Ended

Tom Florent GUILLAUME

Manager

Ended

Tom GUILLAUME

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring21/08/2026
Neerlegging fusievoorstel
PDF
Registered office16/05/2023
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares09/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Restructuring02/07/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/04/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares01/07/2016
BENAMING - DOEL - KAPITAAL - AANDELEN
PDF
Registered office06/11/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/11/2011
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 2025582,7 k €↑
2024
Annual accounts 2024138,5 k €↑
2023
Annual accounts 202322,8 k €↓
2022
Annual accounts 2022580,1 k €↑
2021
Annual accounts 202128,6 k €↓
2020
Annual accounts 202072,1 k €↑
2019
Annual accounts 2019-5,5 k €↓
2018
Annual accounts 201824,7 k €↑
2017
Annual accounts 2017-4,3 k €↓
2016
Annual accounts 2016-83,7 €↑
2015
Annual accounts 2015-6,4 k €↑
2014
Annual accounts 2014-8 k €↓
2013
Annual accounts 2013-6,6 k €↑
2012
Annual accounts 2012-10,9 k €↑
2011
Annual accounts 2011-17,2 k €↓
2010
Annual accounts 20103,7 k €
12/03/2009
IncorporationPrivate 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

MIGB

Overview

What does MIGB do?

Trend over 16 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