Financials
Financial year 2025
MIG from Balen, company number BE0449168101, closed financial year 2025 with a result of € -173,979 after tax. For that financial year MIG recorded a gross margin of € -92,163 and equity of € 112,681. Compared with financial year 2024, the result moved from € 12,222 to € -173,979. The company made a loss. The buffer shrank hard: equity is 61 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 17, 2025.
€ 112,681
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -173,979
▼ still € 12,222 profit in 2024
Profit after tax over the fiscal year.
€ 93,543
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 92,230.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,795
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 57,802
▼ 17% vs 2024
€ 12,191 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 28,144
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,118
▼ 62% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 165,168 | € 87,205 | € 62,132 | € -92,163 | ▼ € 154,295 |
| Profit after taxes | € 54,895 | € -26,379 | € 12,222 | € -173,979 | ▼ € 186,201 |
| Equity | € 300,817 | € 274,438 | € 286,660 | € 112,681 | ▼ 61% |
| Total debts | € 261,276 | € 290,736 | € 251,681 | € 163,482 | ▼ 35% |
| Cash | € 34,392 | € 75,795 | € 57,661 | € 93,543 | ▲ 62% |
| Retained profit | € 280,366 | € 253,987 | € 266,209 | € 92,230 | ▼ 65% |
| Bank debt | € 93,030 | € 83,937 | € 69,954 | € 57,802 | ▼ 17% |
| Balance sheet total | € 562,093 | € 565,174 | € 538,341 | € 276,163 | ▼ 49% |
| Employees (FTE) | 1 | 0.5 | - | - |
Key figures of MIG, 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 October 2026.
What happened to MIG?
What happened at MIG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 173,979 (▼ € 186,201 vs 2024). filed late Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,895 profit in 2022 to € 173,979 loss in 2025.
Paid € 91,465 in corporate taxes since 2022.
Best year ever: 2022, with € 54,895 profit.
On average € 165,200 of value added per employee in 2022.
Management
Behind MIG is Robert WOUTERS.
Directors
According to the 2025 annual accounts
Robert WOUTERS
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat 363
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.168.101
- VAT number
- BE 0449.168.101
- Registered office
- Molenstraat 363, 2490 Balen
- Names & denominations
- MIG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1993
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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