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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIGN from Bertrix, company number BE0758751420, closed financial year 2025 with a result of € -35,322 after tax. For that financial year MIGN recorded a gross margin of € 84,781 and equity of € -252,952. Compared with financial year 2024, the result moved from € -41,527 to € -35,322. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ -252,952
▼ € 35,322 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,322
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,952
▲ € 15,475 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -272,952.
People and assets in 2025
€ 8,674
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,572
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 521,318
▼ 10% vs 2024
€ 57,807 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 6,973
▲ € 5,563 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,187
▲ 160% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,684 | € 78,008 | € 66,408 | € 84,781 | ▲ 28% |
| Profit after taxes | € -1,808 | € -28,654 | € -41,527 | € -35,322 | ▲ € 6,205 |
| Equity | € -147,449 | € -176,103 | € -217,630 | € -252,952 | ▼ € 35,322 |
| Total debts | € 1,258,424 | € 1,228,702 | € 1,168,882 | € 1,138,327 | ▼ 3% |
| Cash | € 14,889 | € 19,876 | € 4,478 | € 19,952 | ▲ € 15,475 |
| Land & buildings | € 1,000,771 | € 948,135 | € 878,243 | € 821,451 | ▼ 6% |
| Retained profit | € -167,449 | € -196,103 | € -237,630 | € -272,952 | ▼ € 35,322 |
| Bank debt | € 690,463 | € 634,786 | € 578,407 | € 521,318 | ▼ 10% |
| Balance sheet total | € 1,110,975 | € 1,052,598 | € 951,252 | € 885,376 | ▼ 7% |
Key figures of MIGN, 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 MIGN?
What happened at MIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,322. Source: NBB ↗
- GREGORY MOREAU became a director. NBB
- Start of the company according to the CBE. KBO
- Marc HOUTHOOFDT became a director. NBB
- Ingrid ANSAY became a director. NBB
- Nathalie BASTIN became a director. NBB
In short
From € 1,808 loss in 2022 to € 35,322 loss in 2025.
Management
The stake of HCJA, Société medicale MOREAU Grégory comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MIGNBehind MIGN are Marc HOUTHOOFDT, GREGORY MOREAU, Ingrid ANSAY and Nathalie BASTIN. The shares are held by HCJA (50%) and Société medicale MOREAU Grégory.
Directors
According to the 2025 annual accounts
Marc HOUTHOOFDT
Director
since 2020
GREGORY MOREAU
Director
since 2020
Ingrid ANSAY
Director
since 2020
Nathalie BASTIN
Director
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue d'Outrouge 2
6880 Bertrix
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0758.751.420
- VAT number
- BE 0758.751.420
- Registered office
- Rue d'Outrouge 2, 6880 Bertrix
- Names & denominations
- MIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2020
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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