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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MIGAE from Brussel, company number BE0668495393, closed financial year 2025 with a result of € -128,239 after tax. For that financial year MIGAE recorded a gross margin of € -92,685 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 663,301 to € -128,239. 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 December 18, 2025.
€ 2.8 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -128,239
▼ still € 663,301 profit in 2024
Profit after tax over the fiscal year.
€ 420,556
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
€ 4,095
▲ 199% 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.
€ 11,613
▲ € 10,588 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,121
▼ 65% 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 | € 66,401 | € 141,460 | € -565,877 | € -92,685 | ▲ € 473,193 |
| Profit after taxes | € 75,221 | € 98,045 | € 663,301 | € -128,239 | ▼ € 791,540 |
| Equity | € 2,149,264 | € 2,247,310 | € 2,910,611 | € 2,782,371 | ▼ 4% |
| Total debts | € 556,775 | € 467,541 | € 40,904 | € 36,604 | ▼ 11% |
| Cash | € 100,947 | € 102,070 | € 555,003 | € 420,556 | ▼ 24% |
| Retained profit | € 2,129,264 | € 2,227,310 | € 2,890,611 | € 2,762,371 | ▼ 4% |
| Bank debt | € 500,000 | € 400,000 | € 0 | € 0 | |
| Balance sheet total | € 2,706,040 | € 2,714,851 | € 2,951,514 | € 2,818,975 | ▼ 4% |
Key figures of MIGAE, 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 MIGAE?
What happened at MIGAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 128,239 (▼ € 791,540 vs 2024). Source: NBB ↗
- Carol NERIEUX became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Pascal MIGNERY became a director. NBB
In short
From € 75,221 profit in 2022 to € 128,239 loss in 2025.
Paid € 30,442 in corporate taxes since 2022.
Best year ever: 2024, with € 663,301 profit.
Management
Behind MIGAE are Carol NERIEUX and Pascal MIGNERY. It owns 15.3% of ADDACTIS GROUP itself.
Directors
According to the 2025 annual accounts
since 2021
since 2016
Establishments
Establishment units
Physical locations of this company
Karmelietenstraat 24C box 40
1000 Brussel
Joseph Jongenlaan 40
1180 Ukkel
Active since 27 December 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →O'CONNOR and COMPANY
€ 45,834 gross margin · 2025
TEAM PROJECT
€ -2,426 gross margin · 2025
CO-HOMING IMMOBILIERE
€ 1.3 million gross margin · 2025
ENVISION
€ 44,809 gross margin · 2025
O'CONNOR AND COMPANY EUROPEAN LAWYERS
€ 916,630 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.495.393
- VAT number
- BE 0668.495.393
- Registered office
- Karmelietenstraat 24C bus 40, 1000 Brussel
- Names & denominations
- MIGAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2016
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
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