Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIGLENN from Sint-Laureins, company number BE0436386370, closed financial year 2025 with a result of € -2,337 after tax. For that financial year MIGLENN recorded a gross margin of € 11,801 and equity of € 108,969. Compared with financial year 2024, the result moved from € -9,775 to € -2,337. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 108,969
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,337
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,625
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 90,369.
Debts at end 2025
€ 175,121
▼ 5% vs 2024
€ 9,020 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 2,001
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,177 | € 15,475 | € 16,224 | € 11,801 | ▼ 27% |
| Profit after taxes | € -698 | € -9,553 | € -9,775 | € -2,337 | ▲ € 7,438 |
| Equity | € 130,634 | € 121,080 | € 111,306 | € 108,969 | ▼ 2% |
| Total debts | € 10,352 | € 196,183 | € 195,404 | € 186,930 | ▼ 4% |
| Cash | € 43,681 | € 4,340 | € 11,218 | € 3,625 | ▼ 68% |
| Land & buildings | € 95,991 | € 312,666 | € 295,089 | € 291,794 | ▼ 1% |
| Retained profit | € 112,034 | € 102,480 | € 92,706 | € 90,369 | ▼ 3% |
| Bank debt | € 0 | € 192,233 | € 183,828 | € 175,121 | ▼ 5% |
| Balance sheet total | € 140,985 | € 317,263 | € 306,710 | € 295,898 | ▼ 4% |
Key figures of MIGLENN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MIGLENN?
What happened at MIGLENN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,337. filed late Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 698 loss in 2022 to € 2,337 loss in 2025.
Management
Behind MIGLENN is Dacé bouw BV.
Directors
According to the 2025 annual accounts
Director · represented by Cedric Grammens, Davy Grammens
Establishments
Establishment units
Physical locations of this company
Leemweg(STL) 102
9980 Sint-Laureins
Nijverheidslaan 11 box 0-2
9990 Maldegem
Active since 10 March 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0436.386.370
- VAT number
- BE 0436.386.370
- Registered office
- Leemweg(STL) 102, 9980 Sint-Laureins
- Names & denominations
- MIGLENN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1988
- Peppol
- Active · Active since 4 Jan 2026
- Activities · NACE
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Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
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