What does MI WORKS do?

MI WORKS is an electrical contractor in Lokeren. Private Limited, started on 1 July 2022, 1 establishment.

What is the address of MI WORKS?

The registered office of MI WORKS is located at Veldstraat 26A, 9160 Lokeren.

Is MI WORKS still active?

Yes. According to the CBE (1 October 2026) MI WORKS is active, legal situation “Normale toestand”, started on 1 July 2022.

Is MI WORKS registered on Peppol?

Yes, MI WORKS is registered on the Peppol network with ID 0208:0787955348.

What is the enterprise number of MI WORKS?

The enterprise number of MI WORKS is BE0787955348.

When was MI WORKS founded?

MI WORKS was founded on 1 July 2022.

Who are the directors of MI WORKS?

According to the 2025 annual accounts, the directors of MI WORKS are: Mohamed Ilboujddini.

Is MI WORKS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 2022; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MI WORKS make in 2025?

MI WORKS posted a profit after taxes of € 21,506 in financial year 2025.

What is the revenue of MI WORKS?

As a small company, MI WORKS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 58,332.

MI WORKS (Private Limited) - Lokeren - BE0787955348

Dossier MI WORKS, printed on 1 October 2026 from databakkes.be/en/0787955348/mi-works. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MI WORKS from Lokeren, company number BE0787955348, closed financial year 2025 with a result of € 21,506 after tax. For that financial year MI WORKS recorded a gross margin of € 58,332 and equity of € 27,010. Compared with financial year 2024, the result moved from € 913 to € 21,506. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 27,010

▲ € 21,506 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 21,506

▲ € 20,593 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,156

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 26,010.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 15,227

▼ 65% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 54,561

▲ 88% vs 2024

Of which on lease € 44,778.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 50,445

▲ 80% vs 2024

€ 14,871 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2,891

▼ 58% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 6,909

▲ 69% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,550 Gross margin 2022: € 3,550 First fiscal year in the series	€ 12,917 Gross margin 2023: € 12,917 ▲ 264% vs 2022 (€ 3,550) Favourable step	€ 51,758 Gross margin 2024: € 51,758 ▲ € 38,841 vs 2023 (€ 12,917) Favourable step	€ 58,332 Gross margin 2025: € 58,332 ▲ 13% vs 2024 (€ 51,758) Favourable step	▲ 13%
Profit after taxes	€ 2,563 Profit after taxes 2022: € 2,563 First fiscal year in the series	€ 1,028 Profit after taxes 2023: € 1,028 ▼ 60% vs 2022 (€ 2,563) Unfavourable step	€ 913 Profit after taxes 2024: € 913 ▼ 11% vs 2023 (€ 1,028) Unfavourable step	€ 21,506 Profit after taxes 2025: € 21,506 ▲ € 20,593 vs 2024 (€ 913) Favourable step	▲ € 20,593
Equity	€ 3,563 Equity 2022: € 3,563 First fiscal year in the series	€ 4,591 Equity 2023: € 4,591 ▲ 29% vs 2022 (€ 3,563) Favourable step	€ 5,504 Equity 2024: € 5,504 ▲ 20% vs 2023 (€ 4,591) Favourable step	€ 27,010 Equity 2025: € 27,010 ▲ € 21,506 vs 2024 (€ 5,504) Favourable step	▲ € 21,506
Total debts	€ 6,013 Total debts 2022: € 6,013 First fiscal year in the series	€ 24,095 Total debts 2023: € 24,095 ▲ € 18,082 vs 2022 (€ 6,013) Unfavourable step	€ 54,293 Total debts 2024: € 54,293 ▲ 125% vs 2023 (€ 24,095) Unfavourable step	€ 60,245 Total debts 2025: € 60,245 ▲ 11% vs 2024 (€ 54,293) Unfavourable step	▲ 11%
Cash	€ 2,117 Cash 2022: € 2,117 First fiscal year in the series	€ 3,296 Cash 2023: € 3,296 ▲ 56% vs 2022 (€ 2,117) Favourable step	€ 17,432 Cash 2024: € 17,432 ▲ € 14,136 vs 2023 (€ 3,296) Favourable step	€ 9,156 Cash 2025: € 9,156 ▼ 47% vs 2024 (€ 17,432) Unfavourable step	▼ 47%
Retained profit	€ 2,563 Retained profit 2022: € 2,563 First fiscal year in the series	€ 3,591 Retained profit 2023: € 3,591 ▲ 40% vs 2022 (€ 2,563) Favourable step	€ 4,504 Retained profit 2024: € 4,504 ▲ 25% vs 2023 (€ 3,591) Favourable step	€ 26,010 Retained profit 2025: € 26,010 ▲ € 21,506 vs 2024 (€ 4,504) Favourable step	▲ € 21,506
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 27,974 Bank debt 2024: € 27,974 Unchanged (€ 0) Unfavourable step	€ 50,445 Bank debt 2025: € 50,445 ▲ 80% vs 2024 (€ 27,974) Unfavourable step	▲ 80%
Balance sheet total	€ 9,576 Balance sheet total 2022: € 9,576 First fiscal year in the series	€ 28,686 Balance sheet total 2023: € 28,686 ▲ 200% vs 2022 (€ 9,576) Unchanged	€ 59,797 Balance sheet total 2024: € 59,797 ▲ 108% vs 2023 (€ 28,686) Unchanged	€ 87,256 Balance sheet total 2025: € 87,256 ▲ 46% vs 2024 (€ 59,797) Unchanged	▲ 46%

Key figures of MI WORKS, 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 WORKS?

What happened at MI WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 21,506 (▲ € 20,593 vs 2024). filed late Source: NBB ↗
Jul 1, 2022 New establishment in Lokeren. KBO
Jul 1, 2022 Start of the company according to the CBE. KBO

In short

From € 2,563 profit in 2022 to € 21,506 profit in 2025.

Paid € 6,750 in corporate taxes since 2022.

Best year ever: 2025, with € 21,506 profit.

Original PDFs at the National Bank ↗

A new publication or filing at MI WORKS? We notify you, reason included.

Follow MI WORKS

Databakkes Pro

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.

Yes, I want that

See what a followed company gets: the De Lijn dossier

Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.

My folder 3 companies

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

Real filings at the National Bank

Management

Mohamed Ilboujddini

MI WORKS

Behind MI WORKS is Mohamed Ilboujddini.

See the full network in the app

Directors

According to the 2025 annual accounts

Mohamed Ilboujddini

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Veldstraat 26A

9160 Lokeren

2.333.098.042

Veldstraat 26 box A

9160 Lokeren

Active since 1 July 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0787.955.348
VAT number: BE 0787.955.348
Registered office: Veldstraat 26A, 9160 Lokeren
Names & denominations: MI WORKS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 July 2022
Peppol: Active · Active since 12 Jan 2026
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗