Warning lights
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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Migeco from Sint-Genesius-Rode, company number BE0740732085, closed financial year 2025 with a result of € 372 after tax. For that financial year Migeco recorded a gross margin of € 152,881 and equity of € 166,155. Compared with financial year 2024, the result moved from € 4,856 to € 372. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 166,155
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 372
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 22,192
▲ 73% 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 € 165,155.
Debts at end 2025
€ 1.5 million
▼ 4% vs 2024
€ 66,601 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 4,598
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,688
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,825 | € 100,858 | € 128,286 | € 152,881 | ▲ 19% |
| Profit after taxes | € 26,287 | € 48,616 | € 4,856 | € 372 | ▼ 92% |
| Equity | € 112,310 | € 160,926 | € 165,783 | € 166,155 | |
| Total debts | € 374,367 | € 363,737 | € 1,739,916 | € 1,679,210 | ▼ 3% |
| Cash | € 58,665 | € 74,056 | € 12,854 | € 22,192 | ▲ 73% |
| Land & buildings | € 369,895 | € 356,530 | € 1,854,444 | € 1,780,269 | ▼ 4% |
| Retained profit | € 111,310 | € 159,926 | € 164,783 | € 165,155 | |
| Bank debt | € 335,994 | € 317,640 | € 1,537,719 | € 1,473,204 | ▼ 4% |
| Balance sheet total | € 486,677 | € 524,664 | € 1,905,698 | € 1,845,365 | ▼ 3% |
Key figures of Migeco, 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 Migeco?
What happened at Migeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 372 (▼ 92% vs 2024). filed late Source: NBB ↗
- Evelien De Greef became a director. NBB
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
- Michiel Gevers became a director. NBB
In short
From € 26,287 profit in 2022 to € 372 profit in 2025.
Paid € 30,795 in corporate taxes since 2022.
Best year ever: 2023, with € 48,616 profit.
A new publication or filing at Migeco? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Migeco are Michiel Gevers and Evelien De Greef.
Directors
According to the 2025 annual accounts
Michiel Gevers
Director
since 2019
Evelien De Greef
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Struikenlaan 29
1640 Sint-Genesius-Rode
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.732.085
- VAT number
- BE 0740.732.085
- Registered office
- Struikenlaan 29, 1640 Sint-Genesius-Rode
- Names & denominations
- Migeco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2020
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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