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 58 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
MI GROUP from Wezembeek-Oppem, company number BE0768993531, closed financial year 2025 with a result of € 2,743 after tax. For that financial year MI GROUP recorded a gross margin of € 4,270 and equity of € 2,523. Compared with financial year 2024, the result moved from € -24,191 to € 2,743. Profitable, and profit is growing. 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 July 31, 2026.
€ 2,523
▲ € 2,743 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,743
▲ still € 24,191 loss in 2024
Profit after tax over the fiscal year.
€ 558
▼ 93% 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 € -150,477.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,179
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,939 | € -42,963 | € 7,237 | € 4,270 | ▼ 41% |
| Profit after taxes | € 3,220 | € -132,248 | € -24,191 | € 2,743 | ▲ € 26,933 |
| Equity | € 156,220 | € 23,971 | € -219 | € 2,523 | ▲ € 2,743 |
| Total debts | € 463,749 | € 689,129 | € 798,196 | € 625,520 | ▼ 22% |
| Cash | € 96,051 | € 56,494 | € 7,702 | € 558 | ▼ 93% |
| Retained profit | € 3,220 | € -129,029 | € -153,219 | € -150,477 | ▲ € 2,743 |
| Bank debt | € 119,598 | € 114,458 | € 91,105 | € 0 | ▼ 100% |
| Balance sheet total | € 619,968 | € 713,100 | € 797,977 | € 628,043 | ▼ 21% |
Key figures of MI GROUP, 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 MI GROUP?
What happened at MI GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,743. Source: NBB ↗
- New establishment in Ukkel. KBO
- Marvin Ndiaye became a director. NBB
- Ikram El Abdouni became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,220 profit in 2022 to € 2,743 profit in 2025.
Paid € 6,255 in corporate taxes since 2022.
Best year ever: 2022, with € 3,220 profit.
Management
Behind MI GROUP are Marvin Ndiaye and Ikram El Abdouni. Marvin Ndiaye is also behind FRESHEO.
Directors
According to the 2025 annual accounts
since 2021
Ikram El Abdouni
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Hendrik Smetsstraat 11 box 2.01
1970 Wezembeek-Oppem
Brugmannlaan 409A box 4
1180 Ukkel
Active since 2 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.993.531
- VAT number
- BE 0768.993.531
- Registered office
- Hendrik Smetsstraat 11 bus 2.01, 1970 Wezembeek-Oppem
- Names & denominations
- MI GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2021
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Holdings