MIG Motors Latem
0844.421.523 · rovalta.com · 26/09/2026
NORMAL SITUATION
MIG Motors Latem
Company — Normal situation.
Financial year 2023 · Closed on 31/12/2023
Net result279,6 k €+604,1 %over 1 year
Revenue30,9 M €+55,3 %over 1 year
Equity1,1 M €+35,7 %over 1 year
Workforce11,9 ETP-4,8 %over 1 year
Overview
Identity
Source · BCE/KBOMIG Motors Latem is a company registered in Belgium. It employs on average 11,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0844.421.523
- Legal form
- Public limited company
- Contributed capital
- 1 030 000,00 €
- Latest accounts
- 31/12/2023
- Average workforce
- 11,9 ETP
Joint committees (2)
- 112
- 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 12 filingsTrend over 9 financial years
| 2023 | 2022 | 2021 | 2018 | 2017 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 30,9 M € | +55.3% | 19,9 M € | -9.6% | 22 M € | +46.3% | 15 M € | -4.9% | 15,8 M € |
| EBITDA | 735,6 k € | +208% | 239,2 k € | -17.8% | 291,1 k € | +51.8% | 191,8 k € | -61.8% | 502 k € |
| Operating result | 655,6 k € | +459% | 117,2 k € | -38.3% | 189,9 k € | +322% | 45 k € | -88.0% | 375,1 k € |
| Net result | 279,6 k € | +604% | 39,7 k € | -60.0% | 99,3 k € | +213% | 31,7 k € | -90.9% | 347,6 k € |
| Balance sheet | |||||||||
| Equity | 1,1 M € | +35.7% | 783,3 k € | +5.3% | 743,6 k € | +40.2% | 530,4 k € | +6.4% | 498,7 k € |
| Total assets | 3,4 M € | -24.5% | 4,5 M € | -14.1% | 5,2 M € | -1.6% | 5,3 M € | +44.3% | 3,7 M € |
| Cash | 1 M € | +31.3% | 781,3 k € | +14.4% | 683,2 k € | +568% | 102,3 k € | -19.1% | 126,4 k € |
| Debts | 2,3 M € | -34.6% | 3,5 M € | -17.1% | 4,2 M € | -6.9% | 4,5 M € | +44.9% | 3,1 M € |
| Other | |||||||||
| Workforce | 11,9 ETP | -4.8% | 12,5 ETP | +3.3% | 12,1 ETP | +5.2% | 11,5 ETP | +19.8% | 9,6 ETP |
Board of directors
Source · NBB, accounts to 31/12/20234 active · 19 ended
Active mandates
Ended mandates
Financials
Full financial information
Source · NBB| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 11/07/2024 | 11/07/2023 | 30/06/2022 | 13/08/2021 | 27/08/2020 | 23/12/2019 |
| General meeting | 29/06/2024 | 24/06/2023 | 25/06/2022 | 25/06/2021 | 19/08/2020 | 16/07/2019 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 12 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2023 | 29/06/2024 | 11/07/2024 | Dutch | |
| Full model | 31/12/2022 | 24/06/2023 | 11/07/2023 | Dutch | |
| Full model | 31/12/2021 | 25/06/2022 | 30/06/2022 | Dutch | |
| Full model | 31/12/2020 | 25/06/2021 | 13/08/2021 | Dutch | |
| Full model | 31/12/2019 | 19/08/2020 | 27/08/2020 | Dutch | |
| Full modelCorrection | 31/12/2018 | 16/07/2019 | 23/12/2019 | Dutch | |
| Full model | 31/12/2018 | 02/07/2019 | 29/08/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 10/07/2018 | Dutch | |
| Full model | 31/12/2016 | 04/07/2017 | 13/07/2017 | Dutch | |
| Abridged model | 30/06/2015 | 26/12/2015 | 05/01/2016 | Dutch | |
| Abridged model | 30/06/2014 | 27/12/2014 | 05/01/2015 | Dutch | |
| Abridged model | 30/06/2013 | 28/12/2013 | 13/01/2014 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20234 active · 19 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution02/08/2024RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring12/06/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Mandates29/02/2024ONTSLAGEN - BENOEMINGEN
- Mandates10/02/2022ONTSLAGEN - BENOEMINGEN
- Mandates01/02/2022ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2022DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates04/11/2021ONTSLAGEN - BENOEMINGEN
- Mandates11/08/2021ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023279,6 k €↑
- 2022Annual accounts 202239,7 k €↓
- 2021Annual accounts 202199,3 k €↑
- 2018Annual accounts 201831,7 k €↓
- 2017Annual accounts 2017347,6 k €↑
- 2016Annual accounts 2016-867,7 k €↓
- 2015Annual accounts 2015-9,1 k €↑
- 2014Annual accounts 2014-44,3 k €↓
- 2013Annual accounts 2013-27,9 k €