Financials
Financial year 2025
MIKO from Turnhout, company number BE0404175739, closed financial year 2025 with a result of € 3.2 million after tax. Compared with financial year 2024, the result moved from € 2.6 million to € 3.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 149.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 88,139
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 144.1 million.
People and assets in 2025
24.6
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▼ 6% vs 2024
€ 99,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 19 million
▲ 189% vs 2024
Loans from banks and other lenders, long and short.
€ 1.5 million
▲ 178% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 116 days on average.
€ 4.2 million
▲ € 3.8 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,356,499 | € 2,698,018 | € 2,571,383 | € 3,194,582 | ▲ 24% |
| Equity | € 147,678,775 | € 148,054,253 | € 148,303,096 | € 149,175,138 | ▲ 1% |
| Total debts | € 5,602,326 | € 5,538,919 | € 9,920,990 | € 27,286,671 | ▲ 175% |
| Cash | € 4,941,360 | € 422,726 | € 1,153,910 | € 88,139 | ▼ 92% |
| Land & buildings | € 171,293 | € 171,293 | € 171,293 | € 171,293 | |
| Retained profit | € 142,613,775 | € 142,989,253 | € 143,238,096 | € 144,110,138 | ▲ 1% |
| Bank debt | € 1,453,198 | € 2,327,584 | € 6,571,278 | € 19,005,396 | ▲ 189% |
| Balance sheet total | € 154,466,668 | € 154,743,048 | € 159,414,486 | € 176,687,192 | ▲ 11% |
| Employees (FTE) | 23.6 | 25.9 | 27.1 | 24.6 | ▼ 2.5 |
Key figures of MIKO, 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 MIKO?
What happened at MIKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Deltal BV stepped down as director. NBB
- Beau Noir BV stepped down as director. NBB
- Martha1996 BV stepped down as director. NBB
- Quoque BV stepped down as director. NBB
- Bart WAUTERS stepped down as director. NBB
- Kristof MICHIELSEN stepped down as director. NBB
- Cynthia VAN HULLE stepped down as director. NBB
- Karl HERMANS stepped down as director. NBB
In short
From € 2.4 million profit in 2022 to € 3.2 million profit in 2025.
Paid € 976,485 in corporate taxes since 2022.
Best year ever: 2025, with € 3.2 million profit.
Pays suppliers within 116 days on average.
Management
The shares are held by PUBLIEK N/A (40.4%), STICHTING ADMINISTRATIEKANTOOR OKIM (31.6%), IMKO HOLDING (23.8%) and DE WILG (4.3%). It owns 100% of MIKO KAVA, 100% of MIKO KOFFIE and 75% of MIKO KAVA KALDI itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2028
since 2024 · until 2030
Bart WAUTERS
Director
since 2025 · until 2028
since 2021 · until 2027
Cynthia VAN HULLE
Director
since 2025 · until 2027
Karl HERMANS
Managing director
Also active at: MIKO COFFEE SERVICE, IMKO HOLDING, MIKO KOFFIE, CAPRIOLE COFFEE SERVICE
since 2021 · until 2027
Director · represented by Inge Demeyere
Also active at: BEKINA, Bekina Boots, BEKINA INDURUB, ARLU, IMSTO, BEKINA BeSealed, BEKINA COMPOUNDS
since 2025 · until 2031
since 2025 · until 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Steenweg op Mol 177
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0404.175.739
- VAT number
- BE 0404.175.739
- Registered office
- Steenweg op Mol 177, 2300 Turnhout
- Names & denominations
- MIKO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1937
- Peppol
- Active · Active since 11 Mar 2025
- Contact
- mikogroup.be [email protected]
- Activities · NACE
Verwerking van thee en koffie
Verwerking van koffie en thee
Overige zakelijke dienstverlening, neg
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren