MIGER is a property company in Lier. Private Limited, started on 11 January 1960, 1 establishment.

What is the address of MIGER?

The registered office of MIGER is located at Eeuwfeestlaan 56, 2500 Lier.

Is MIGER still active?

Yes. According to the CBE (29 October 2026) MIGER is active, legal situation “Normale toestand”, started on 11 January 1960.

Is MIGER registered on Peppol?

Yes, MIGER is registered on the Peppol network with ID 0208:0404012225.

What is the enterprise number of MIGER?

The enterprise number of MIGER is BE0404012225.

When was MIGER founded?

MIGER was founded on 11 January 1960.

Who are the directors of MIGER?

According to the 2025 annual accounts, the directors of MIGER are: Michael Eulaers.

Is MIGER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 January 1960; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MIGER make in 2025?

MIGER recorded a loss after taxes of € 22 in financial year 2025.

What is the revenue of MIGER?

As a small company, MIGER is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 95,170.

MIGER (Private Limited) - Lier - BE0404012225

Dossier MIGER, printed on 29 October 2026 from databakkes.be/en/0404012225/miger. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIGER from Lier, company number BE0404012225, closed financial year 2025 with a result of € -22 after tax. For that financial year MIGER recorded a gross margin of € 95,170 and equity of € 120,226. Compared with financial year 2024, the result moved from € 1,260 to € -22. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.

What it is worth Healthy

€ 120,226

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -22

▼ still € 1,260 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,758

▼ 44% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 20,226.

People and assets in 2025

Vehicles and equipment

€ 28,724

▲ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 14 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 878,303

▼ 6% vs 2024

€ 63,960 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 50

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 461

▼ 52% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 55,899 Gross margin 2022: € 55,899 First fiscal year in the series	€ 48,333 Gross margin 2023: € 48,333 ▼ 14% vs 2022 (€ 55,899) Unfavourable step	€ 79,599 Gross margin 2024: € 79,599 ▲ 65% vs 2023 (€ 48,333) Favourable step	€ 95,170 Gross margin 2025: € 95,170 ▲ 20% vs 2024 (€ 79,599) Favourable step	▲ 20%
Profit after taxes	€ 7,553 Profit after taxes 2022: € 7,553 First fiscal year in the series	€ 1,700 Profit after taxes 2023: € 1,700 ▼ 77% vs 2022 (€ 7,553) Unfavourable step	€ 1,260 Profit after taxes 2024: € 1,260 ▼ 26% vs 2023 (€ 1,700) Unfavourable step	€ -22 Profit after taxes 2025: € -22 ▼ € 1,281 vs 2024 (€ 1,260) Unfavourable step	▼ € 1,281
Equity	€ 48,275 Equity 2022: € 48,275 First fiscal year in the series	€ 49,975 Equity 2023: € 49,975 ▲ 4% vs 2022 (€ 48,275) Favourable step	€ 120,248 Equity 2024: € 120,248 ▲ 141% vs 2023 (€ 49,975) Favourable step	€ 120,226 Equity 2025: € 120,226 Unchanged (€ 120,248) Unfavourable step
Total debts	€ 349,380 Total debts 2022: € 349,380 First fiscal year in the series	€ 819,769 Total debts 2023: € 819,769 ▲ 135% vs 2022 (€ 349,380) Unfavourable step	€ 988,759 Total debts 2024: € 988,759 ▲ 21% vs 2023 (€ 819,769) Unfavourable step	€ 934,961 Total debts 2025: € 934,961 ▼ 5% vs 2024 (€ 988,759) Favourable step	▼ 5%
Cash	€ 9,987 Cash 2022: € 9,987 First fiscal year in the series	€ 1,500 Cash 2023: € 1,500 ▼ 85% vs 2022 (€ 9,987) Unfavourable step	€ 12,044 Cash 2024: € 12,044 ▲ € 10,544 vs 2023 (€ 1,500) Favourable step	€ 6,758 Cash 2025: € 6,758 ▼ 44% vs 2024 (€ 12,044) Unfavourable step	▼ 44%
Land & buildings	€ 380,219 Land & buildings 2022: € 380,219 First fiscal year in the series	€ 855,325 Land & buildings 2023: € 855,325 ▲ 125% vs 2022 (€ 380,219) Unchanged	€ 1,070,081 Land & buildings 2024: € 1,070,081 ▲ 25% vs 2023 (€ 855,325) Unchanged	€ 1,019,315 Land & buildings 2025: € 1,019,315 ▼ 5% vs 2024 (€ 1,070,081) Unchanged	▼ 5%
Retained profit	€ 17,288 Retained profit 2022: € 17,288 First fiscal year in the series	€ 18,988 Retained profit 2023: € 18,988 ▲ 10% vs 2022 (€ 17,288) Favourable step	€ 20,248 Retained profit 2024: € 20,248 ▲ 7% vs 2023 (€ 18,988) Favourable step	€ 20,226 Retained profit 2025: € 20,226 Unchanged (€ 20,248) Unfavourable step
Bank debt	€ 291,096 Bank debt 2022: € 291,096 First fiscal year in the series	€ 767,493 Bank debt 2023: € 767,493 ▲ 164% vs 2022 (€ 291,096) Unfavourable step	€ 932,569 Bank debt 2024: € 932,569 ▲ 22% vs 2023 (€ 767,493) Unfavourable step	€ 878,303 Bank debt 2025: € 878,303 ▼ 6% vs 2024 (€ 932,569) Favourable step	▼ 6%
Balance sheet total	€ 397,654 Balance sheet total 2022: € 397,654 First fiscal year in the series	€ 869,744 Balance sheet total 2023: € 869,744 ▲ 119% vs 2022 (€ 397,654) Unchanged	€ 1,109,007 Balance sheet total 2024: € 1,109,007 ▲ 28% vs 2023 (€ 869,744) Unchanged	€ 1,055,187 Balance sheet total 2025: € 1,055,187 ▼ 5% vs 2024 (€ 1,109,007) Unchanged	▼ 5%

Key figures of MIGER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MIGER?

What happened at MIGER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 17, 2026 New annual accounts for financial year 2025: loss of € 22 (▼ € 1,281 vs 2024). Source: NBB ↗
2001 Michael Eulaers became a director. NBB
Jan 11, 1960 Start of the company according to the CBE. KBO
Jan 1, 1960 New establishment in Lier. KBO

In short

From € 7,553 profit in 2022 to € 22 loss in 2025.

Paid € 3,686 in corporate taxes since 2022.

Best year ever: 2022, with € 7,553 profit.

Original PDFs at the National Bank ↗

Management

Michael Eulaers

MIGER

SAEW

Behind MIGER is Michael Eulaers. Michael Eulaers is also behind SAEW.

Directors

According to the 2025 annual accounts

Michael Eulaers

Administrator-manager

Also active at: SAEW

since 2001

Establishments

Establishment units

Physical locations of this company

Registered office

Eeuwfeestlaan 56

2500 Lier

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

Fruithandel-Sebrechts

€ 1.4 million gross margin · 2025

ARTILEK

€ 636,819 gross margin · 2025

Fiduciaire Eulaers

€ 261,434 gross margin · 2025

IMMO S.E.B.

€ 48,183 gross margin · 2025

SAEW same network

€ 6,637 gross margin · 2025

+4 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0404.012.225

VAT number

BE 0404.012.225

Registered office

Eeuwfeestlaan 56, 2500 Lier

Names & denominations

MIGER

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 January 1960

Peppol

Active · Active since 24 Nov 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg

Verhuur en lease van andere consumentenartikelen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

MIGER

Warning lights

Financials

What happened to MIGER?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions