Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Migamo from Antwerpen, company number BE0803255614, closed financial year 2024 with a result of € -12,989 after tax. For that financial year Migamo recorded a gross margin of € 386,817 and equity of € -21,690. Compared with financial year 2023, the result moved from € -13,701 to € -12,989. 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 July 7, 2025.
€ -21,690
▼ € 12,989 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,989
▲ 5 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,706
▼ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,690.
People and assets in 2024
€ 362,041
▲ 176% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,396
▲ 9% vs 2023
Of which on lease € 525.
Debts at end 2024
€ 14,720
▼ 27% vs 2023
€ 5,752 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 116,346
▲ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 182,764
▲ 132% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 134,992 | € 386,817 | ▲ 187% |
| Profit after taxes | € -13,701 | € -12,989 | ▲ € 712 |
| Equity | € -8,701 | € -21,690 | ▼ € 12,989 |
| Total debts | € 195,196 | € 320,330 | ▲ 64% |
| Cash | € 9,992 | € 1,706 | ▼ 83% |
| Retained profit | € -13,701 | € -26,690 | ▼ € 12,989 |
| Bank debt | € 20,209 | € 14,720 | ▼ 27% |
| Balance sheet total | € 186,495 | € 298,639 | ▲ 60% |
Key figures of Migamo, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Migamo?
What happened at Migamo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Migamo is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 12,989. Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Nicolas MOREELS became a director. NBB
In short
From € 13,701 loss in 2023 to € 12,989 loss in 2024.
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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 Migamo is Nicolas MOREELS. It owns 33.3% of JMB itself.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Wijngaardstraat 23
2000 Antwerpen
Minderbroedersrui 38
2000 Antwerpen
Active since 27 June 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.255.614
- VAT number
- BE 0803.255.614
- Registered office
- Wijngaardstraat 23, 2000 Antwerpen
- Names & denominations
- Migamo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 June 2023
- Peppol
- Not registered
- Activities · NACE
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met volledige bediening
Cafés en bars
Overige eetgelegenheden
Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden
Catering
Exploitatie van schouwburgen, concertzalen en dergelijke
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden