Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIG 85 from Ukkel, company number BE0800465873, closed financial year 2025 with a result of € -66,000 after tax. For that financial year MIG 85 recorded a gross margin of € -183 and equity of € 47,559. Compared with financial year 2024, the result moved from € -96,442 to € -66,000. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 17, 2026.
€ 47,559
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,000
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,017
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -162,441.
People and assets in 2025
€ 2,801
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 432,931
Loans from banks and other lenders, long and short.
€ 108,067
▲ € 87,980 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -5,253 | € -183 | ▲ € 5,070 |
| Profit after taxes | € -96,442 | € -66,000 | ▲ € 30,442 |
| Equity | € 113,558 | € 47,559 | ▼ 58% |
| Total debts | € 453,038 | € 744,733 | ▲ 64% |
| Cash | € 9,214 | € 3,017 | ▼ 67% |
| Land & buildings | € 406,031 | € 395,470 | ▼ 3% |
| Retained profit | € -96,442 | € -162,441 | ▼ € 66,000 |
| Bank debt | € 432,931 | € 432,931 | |
| Balance sheet total | € 566,596 | € 792,291 | ▲ 40% |
Key figures of MIG 85, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MIG 85?
What happened at MIG 85 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 66,000. Source: NBB ↗
- New establishment in Ukkel. KBO
- Gaëtan GENICOT became a director. NBB
- Ilan TAUB became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 96,442 loss in 2024 to € 66,000 loss in 2025.
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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
The stake of KAROLINSKI MICHEL AVOCAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MIG 85Behind MIG 85 are Gaëtan GENICOT and Ilan TAUB. The shares are held by KAROLINSKI MICHEL AVOCAT (33.3%).
Directors
According to the 2025 annual accounts
Gaëtan GENICOT
Director
since 2023
since 2023
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stallestraat 56
1180 Ukkel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.465.873
- VAT number
- BE 0800.465.873
- Registered office
- Stallestraat 56, 1180 Ukkel
- Names & denominations
- MIG 85
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2023
- Peppol
- Active · Active since 27 Nov 2025