Active · per the CBE, 30 October 2026

MMIQ

BE0505704352

Rechtspersoon Private limited company 1 establishment

MMIQ is a commercial agency in Hove. Private Limited, started on 21 November 2014, 1 establishment.

Beukenlaan 1, 2540 Hove

Behind the company: MIGUEL MICHIELS.

Active for

11 year, 11 months

Financials

Financial year 2025

MMIQ from Hove, company number BE0505704352, closed financial year 2025 with a result of € 24,922 after tax. For that financial year MMIQ recorded a gross margin of € 59,583 and equity of € 32,190. Compared with financial year 2024, the result moved from € 10,868 to € 24,922. Profitable, and profit is growing. 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 July 8, 2026.

What it is worth Healthy

€ 32,190

▼ 28% vs 2024

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

Profit Growing

€ 24,922

▲ 129% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 54,680

▲ € 47,592 vs 2024

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

Where the profit goes Pays out

€ 49,900 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 1,449

▼ 94% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 years to go

€ 118,984

▼ 8% vs 2024

€ 7,661 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 3,043

▲ 89% vs 2024

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

Taxes and wages

€ 27,584

▲ 176% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 26,492 € 39,967 € 35,871 € 59,583 ▲ 66%
Profit after taxes € 25,544 € 25,678 € 10,868 € 24,922 ▲ 129%
Equity € 8,223 € 33,901 € 44,769 € 32,190 ▼ 28%
Total debts € 18,085 € 36,813 € 148,754 € 185,930 ▲ 25%
Cash € 9,392 € 2,077 € 7,088 € 54,680 ▲ € 47,592
Land & buildings - - € 132,800 € 139,592 ▲ 5%
Retained profit € 2,023 € 27,701 € 38,569 € 13,590 ▼ 65%
Dividend € 0 € 0 € 0 € 49,900
Bank debt € 0 € 25,335 € 129,207 € 118,984 ▼ 8%
Balance sheet total € 26,307 € 70,714 € 193,522 € 218,121 ▲ 13%

Key figures of MMIQ, 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 MMIQ?

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

  • New annual accounts for financial year 2025: profit of € 24,922 (▲ 129% vs 2024). Source: NBB ↗
  • New establishment in Hove. KBO
  • Start of the company according to the CBE. KBO

In short

From € 25,544 profit in 2022 to € 24,922 profit in 2025.

Paid € 19,624 in corporate taxes since 2022.

Best year ever: 2023, with € 25,678 profit.

Paid out € 49,900 in dividends to the owners in total.

Management

MIGUEL MICHIELS
MMIQ

Behind MMIQ is MIGUEL MICHIELS. MIGUEL MICHIELS is also behind MCWORKS.

Directors

According to the 2025 annual accounts

MIGUEL MICHIELS

Director

Also active at: MCWORKS

Establishments

Establishment units

Physical locations of this company

Registered office

Beukenlaan 1

2540 Hove

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
0505.704.352
VAT number
BE 0505.704.352
Registered office
Beukenlaan 1, 2540 Hove
Names & denominations
MMIQ
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
21 November 2014
Peppol
Active · Active since 1 Apr 2025
Activities · NACE

Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen

Overige niet-gespecialiseerde detailhandel

Activiteiten van fotografen, met uitzondering van persfotografen

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Detailhandel via postorderbedrijven of via internet

Frequently asked questions

What does MMIQ do?
MMIQ is a commercial agency in Hove. Private Limited, started on 21 November 2014, 1 establishment.
What is the address of MMIQ?
The registered office of MMIQ is located at Beukenlaan 1, 2540 Hove.
Is MMIQ still active?
Yes. According to the CBE (30 October 2026) MMIQ is active, legal situation “Normale toestand”, started on 21 November 2014.
Is MMIQ registered on Peppol?
Yes, MMIQ is registered on the Peppol network with ID 0208:0505704352.
What is the enterprise number of MMIQ?
The enterprise number of MMIQ is BE0505704352.
When was MMIQ founded?
MMIQ was founded on 21 November 2014.