Financials
Financial year 2025
MIG&MAG from Tervuren, company number BE0597899486, closed financial year 2025 with a result of € 139,457 after tax. For that financial year MIG&MAG recorded a gross margin of € 265,883 and equity of € 750,961. Compared with financial year 2024, the result moved from € 103,172 to € 139,457. 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 July 29, 2026.
€ 750,961
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 139,457
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 348,288
▲ 97% 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 € 736,701.
People and assets in 2025
€ 1,085
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 95,681
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 71,938
▲ 9% 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 | € 595,997 | € 148,054 | € 189,874 | € 265,883 | ▲ 40% |
| Profit after taxes | € 388,261 | € 81,490 | € 103,172 | € 139,457 | ▲ 35% |
| Equity | € 426,843 | € 508,333 | € 611,505 | € 750,961 | ▲ 23% |
| Total debts | € 220,707 | € 156,526 | € 177,317 | € 167,619 | ▼ 5% |
| Cash | € 5,006 | € 45,333 | € 176,869 | € 348,288 | ▲ 97% |
| Land & buildings | € 566,725 | € 545,212 | € 523,699 | € 506,113 | ▼ 3% |
| Retained profit | € 414,443 | € 495,933 | € 599,105 | € 736,701 | ▲ 23% |
| Bank debt | € 432 | € 2,459 | € 2,000 | € 0 | ▼ 100% |
| Balance sheet total | € 647,550 | € 664,858 | € 788,822 | € 918,580 | ▲ 16% |
Key figures of MIG&MAG, 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 MIG&MAG?
What happened at MIG&MAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 139,457 (▲ 35% vs 2024). Source: NBB ↗
- New establishment in Tervuren. KBO
- Start of the company according to the CBE. KBO
In short
From € 388,261 profit in 2022 to € 139,457 profit in 2025.
Paid € 324,245 in corporate taxes since 2022.
Best year ever: 2022, with € 388,261 profit.
Establishments
Establishment units
Physical locations of this company
Hertogenweg 12
3080 Tervuren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.899.486
- VAT number
- BE 0597.899.486
- Registered office
- Hertogenweg 12, 3080 Tervuren
- Names & denominations
- MIG&MAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2015
- Peppol
- Active · Active since 24 Nov 2023
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