MIGAL is a sports facility in Beringen. Public Limited, started on 11 December 1991, 1 establishment.

What is the address of MIGAL?

The registered office of MIGAL is located at Donckstraat 30, 3583 Beringen.

Is MIGAL still active?

Yes. According to the CBE (29 October 2026) MIGAL is active, legal situation “Normale toestand”, started on 11 December 1991.

Is MIGAL registered on Peppol?

Yes, MIGAL is registered on the Peppol network with ID 0208:0445934932.

What is the enterprise number of MIGAL?

The enterprise number of MIGAL is BE0445934932.

When was MIGAL founded?

MIGAL was founded on 11 December 1991.

Who are the directors of MIGAL?

According to the 2025 annual accounts, the directors of MIGAL are: Katrien LOWETTE, MIMETTO BV, Joris LOWETTE.

Is MIGAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 December 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MIGAL make in 2025?

MIGAL posted a profit after taxes of € 13,075 in financial year 2025.

What is the revenue of MIGAL?

As a small company, MIGAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,058,804.

MIGAL (Public Limited) - Beringen - BE0445934932

Dossier MIGAL, printed on 29 October 2026 from databakkes.be/en/0445934932/migal. 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 11 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIGAL from Beringen, company number BE0445934932, closed financial year 2025 with a result of € 13,075 after tax. For that financial year MIGAL recorded a gross margin of € 1.1 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € -26,931 to € 13,075. 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 29, 2026.

What it is worth Growing

€ 3.5 million

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

Profit Growing

€ 13,075

▲ still € 26,931 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101,742

▲ 70% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -27,231.

People and assets in 2025

Vehicles and equipment

€ 1,300

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 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.

€ 1.2 million

▼ 11% vs 2024

€ 147,108 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 14,197

▼ 48% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 324,708 Gross margin 2022: € 324,708 First fiscal year in the series	€ 347,025 Gross margin 2023: € 347,025 ▲ 7% vs 2022 (€ 324,708) Favourable step	€ 310,605 Gross margin 2024: € 310,605 ▼ 10% vs 2023 (€ 347,025) Unfavourable step	€ 1,058,804 Gross margin 2025: € 1,058,804 ▲ 241% vs 2024 (€ 310,605) Favourable step	▲ 241%
Profit after taxes	€ 48,436 Profit after taxes 2022: € 48,436 First fiscal year in the series	€ 57,402 Profit after taxes 2023: € 57,402 ▲ 19% vs 2022 (€ 48,436) Favourable step	€ -26,931 Profit after taxes 2024: € -26,931 ▼ € 84,333 vs 2023 (€ 57,402) Unfavourable step	€ 13,075 Profit after taxes 2025: € 13,075 ▲ € 40,006 vs 2024 (€ -26,931) Favourable step	▲ € 40,006
Equity	€ 3,479,223 Equity 2022: € 3,479,223 First fiscal year in the series	€ 3,536,625 Equity 2023: € 3,536,625 ▲ 2% vs 2022 (€ 3,479,223) Favourable step	€ 3,509,694 Equity 2024: € 3,509,694 ▼ 1% vs 2023 (€ 3,536,625) Unfavourable step	€ 3,522,769 Equity 2025: € 3,522,769 Unchanged (€ 3,509,694) Favourable step
Total debts	€ 2,195,192 Total debts 2022: € 2,195,192 First fiscal year in the series	€ 2,050,185 Total debts 2023: € 2,050,185 ▼ 7% vs 2022 (€ 2,195,192) Favourable step	€ 1,923,374 Total debts 2024: € 1,923,374 ▼ 6% vs 2023 (€ 2,050,185) Favourable step	€ 1,772,094 Total debts 2025: € 1,772,094 ▼ 8% vs 2024 (€ 1,923,374) Favourable step	▼ 8%
Cash	€ 111,106 Cash 2022: € 111,106 First fiscal year in the series	€ 18,148 Cash 2023: € 18,148 ▼ 84% vs 2022 (€ 111,106) Unfavourable step	€ 59,818 Cash 2024: € 59,818 ▲ 230% vs 2023 (€ 18,148) Favourable step	€ 101,742 Cash 2025: € 101,742 ▲ 70% vs 2024 (€ 59,818) Favourable step	▲ 70%
Land & buildings	€ 5,392,919 Land & buildings 2022: € 5,392,919 First fiscal year in the series	€ 5,378,511 Land & buildings 2023: € 5,378,511 Unchanged (€ 5,392,919) Unchanged	€ 5,217,318 Land & buildings 2024: € 5,217,318 ▼ 3% vs 2023 (€ 5,378,511) Unchanged	€ 5,049,403 Land & buildings 2025: € 5,049,403 ▼ 3% vs 2024 (€ 5,217,318) Unchanged	▼ 3%
Retained profit	€ -70,777 Retained profit 2022: € -70,777 First fiscal year in the series	€ -13,375 Retained profit 2023: € -13,375 ▲ € 57,402 vs 2022 (€ -70,777) Favourable step	€ -40,306 Retained profit 2024: € -40,306 ▼ € 26,931 vs 2023 (€ -13,375) Unfavourable step	€ -27,231 Retained profit 2025: € -27,231 ▲ € 13,075 vs 2024 (€ -40,306) Favourable step	▲ € 13,075
Bank debt	€ 1,569,691 Bank debt 2022: € 1,569,691 First fiscal year in the series	€ 1,429,391 Bank debt 2023: € 1,429,391 ▼ 9% vs 2022 (€ 1,569,691) Favourable step	€ 1,290,243 Bank debt 2024: € 1,290,243 ▼ 10% vs 2023 (€ 1,429,391) Favourable step	€ 1,150,018 Bank debt 2025: € 1,150,018 ▼ 11% vs 2024 (€ 1,290,243) Favourable step	▼ 11%
Balance sheet total	€ 5,674,415 Balance sheet total 2022: € 5,674,415 First fiscal year in the series	€ 5,586,810 Balance sheet total 2023: € 5,586,810 ▼ 2% vs 2022 (€ 5,674,415) Unchanged	€ 5,459,171 Balance sheet total 2024: € 5,459,171 ▼ 2% vs 2023 (€ 5,586,810) Unchanged	€ 5,294,863 Balance sheet total 2025: € 5,294,863 ▼ 3% vs 2024 (€ 5,459,171) Unchanged	▼ 3%

Key figures of MIGAL, 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 MIGAL?

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

2032 MIMETTO BV stepped down as director. NBB
2030 Joris LOWETTE stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: profit of € 13,075. Source: NBB ↗
2026 Katrien LOWETTE stepped down as director. NBB
2026 MIMETTO BV became a director. NBB
2024 Katrien LOWETTE became a director. NBB
2024 Joris LOWETTE became a director. NBB
Jul 9, 1993 New establishment in Beringen. KBO

In short

From € 48,436 profit in 2022 to € 13,075 profit in 2025.

Best year ever: 2023, with € 57,402 profit.

Original PDFs at the National Bank ↗

Management

MANINVEST 100%

The stake of MANINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MIGAL

MILLENNIUM GOLF MANAGEMENT 10.7%

The shares are held by MANINVEST (100%). It owns 10.7% of MILLENNIUM GOLF MANAGEMENT itself.

Directors

According to the 2025 annual accounts

Katrien LOWETTE

Managing director

Also active at: MANINVEST, Mimetto

since 2024 · until 2026

MIMETTO BV

Managing director · represented by Katrien LOWETTE

since 2026 · until 2032

Joris LOWETTE

Managing director

Also active at: MANINVEST

since 2024 · until 2030

Shareholders

MANINVEST

100%

Participations

MILLENNIUM GOLF MANAGEMENT

10.7%

Establishments

Establishment units

Physical locations of this company

Registered office

Donckstraat 30

3583 Beringen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

MILLENNIUM GOLF MANAGEMENT same network

€ 447,876 gross margin · 2024

Millennium vzw

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

Details

Company number: 0445.934.932
VAT number: BE 0445.934.932
Registered office: Donckstraat 30, 3583 Beringen
Names & denominations: MIGAL
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 11 December 1991
Peppol: Active · Active since 1 Dec 2025
Activities · NACE: Exploitatie van sportaccommodaties

View on CBE Public ↗ Annual accounts (NBB) ↗