M-IGHTY
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 29-03-2024 was due by 29-10-2024 and was filed on 25-10-2024, 4 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2024
4 d early
2023
70 d early
2022
25 d late
2021
24 d late
2020
19 d early
2019
18 d early
2018
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€119,718▲ 112%
2021 · €56,505
EBIT margin
-92.4%▲ 145.7pp
2021 · -238.1%
Net result
€55,403
2023 · -€19,393
Working capital
-€52,410▼ 58.7%
2022 · -€33,017
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€81,869▼ 10.9%€56,505▼ 31.0%€119,718▲ 112%
Operating result€14,110-€134,539-€110,599▲ 17.8%-€17,028▲ 84.6%€56,003
Net result€9,043-€141,615-€111,046▲ 21.6%-€19,393▲ 82.5%€55,403
EBIT margin17.2%▲ 73.9pp-238.1%▼ 255.3pp-92.4%▲ 145.7pp
Equity-€77,782▲ 10.4%€78,029-€33,017-€52,410▼ 58.7%€2,993
Total assets€93,767▲ 151%€167,956▲ 79.1%€103,427▼ 38.4%€2,400▼ 97.7%€2,993▲ 24.7%
Debt€171,550▲ 38.1%€89,927▼ 47.6%€136,444▲ 51.7%€54,810▼ 59.8%
Working capital-€80,066▲ 12.0%€77,427-€33,017-€52,410▼ 58.7%
Staff (FTE)1▼ 37.5%1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €56,003 after a loss of €17,028 in 2023, the highest result in the available series.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €81,869 | €56,505 | €119,718 | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €58,627 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €133,249 | €291,445 | €11,212 | €2,624 | ▼ 76.6% |
| Remuneration, social security and pensions62 | - | €21,220 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,878 | €1,682 | €602 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €48,736 | -€48,736 | - | - | - |
| Other operating charges640/8 | - | €902 | €571 | €816 | - | - |
| Gross operating margin9900 | €72,890 | -€61,999 | -€158,163 | -€16,212 | €56,003 | ▲ 445% |
| Operating profit (loss)9901 | €14,110 | -€134,539 | -€110,599 | -€17,028 | €56,003 | ▲ 429% |
| Financial income75/76B | - | - | €60 | €37 | - | - |
| Recurring financial income75 | - | - | €60 | €37 | - | - |
| Financial charges65/66B | - | €6,865 | €434 | €2,403 | €601 | ▼ 75.0% |
| Recurring financial charges65 | €5,087 | €6,865 | €434 | €2,403 | €601 | ▼ 75.0% |
| Profit (loss) for the period before taxes9903 | €9,023 | -€141,404 | -€110,973 | -€19,393 | €55,403 | ▲ 386% |
| Income taxes67/77 | -€21 | €211 | €74 | - | - | - |
| Profit (loss) for the period9904 | €9,043 | -€141,615 | -€111,046 | -€19,393 | €55,403 | ▲ 386% |
| Profit (loss) for the period to be appropriated9905 | €9,043 | -€141,615 | -€111,046 | -€19,393 | €55,403 | ▲ 386% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,767 | €167,956 | €103,427 | €2,400 | €2,993 | ▲ 24.7% |
| Fixed assets21/28 | €2,283 | €602 | - | - | - | - |
| Tangible fixed assets22/27 | €2,283 | €602 | - | - | - | - |
| Plant, machinery and equipment23 | - | €602 | - | - | - | - |
| Current assets29/58 | €91,484 | €167,354 | €103,427 | €2,400 | €2,993 | ▲ 24.7% |
| Stocks and contracts in progress3 | €41,793 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €39,230 | €153,554 | €15,675 | €2,151 | €2,993 | ▲ 39.1% |
| Trade receivables40 | - | €73,109 | €5,000 | - | - | - |
| Other amounts receivable41 | - | €80,444 | €10,675 | €2,151 | €2,993 | ▲ 39.1% |
| Cash at bank and in hand54/58 | €9,188 | €10,004 | €85,340 | €160 | - | - |
| Deferred charges and accrued income490/1 | - | €3,797 | €2,413 | €90 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,767 | €167,956 | €103,427 | €2,400 | €2,993 | ▲ 24.7% |
| Equity10/15 | -€77,782 | €78,029 | -€33,017 | -€52,410 | €2,993 | ▲ 106% |
| Contributions10/11 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€96,382 | -€21,971 | -€133,017 | -€152,410 | -€97,007 | ▲ 36.4% |
| Amounts payable17/49 | €171,550 | €89,927 | €136,444 | €54,810 | - | - |
| Amounts payable within one year42/48 | €171,550 | €89,927 | €136,444 | €54,810 | - | - |
| Trade debts44 | €45,069 | €26,313 | €136,371 | €2,585 | - | - |
| Suppliers440/4 | - | €26,313 | €136,371 | €2,585 | - | - |
| Advances received on contracts in progress46 | - | €63,403 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €211 | €74 | - | - | - |
| Taxes450/3 | - | €211 | €74 | - | - | - |
| Other amounts payable47/48 | - | - | - | €52,225 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,043 | -€141,615 | -€111,046 | -€19,393 | €55,403 | ▲ 386% |
| + Depreciation and write-downs630 | €1,878 | €1,682 | €602 | - | - | - |
| Operating cash flow (approximation) | €10,922 | -€139,934 | -€110,445 | -€19,393 | €55,403 | ▲ 386% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €815 | €75,336 | -€85,180 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
29-03
Financial
Back to profitnet €55,403
Net result €55,403 after 3 loss-making years.
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet -€141,615
Net result drops to -€141,615, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.86
Current ratio from 0.53 to 1.86; short-term debt falls from €171,550 to €89,927.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €9,043
Net result €9,043 after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (2)
An older source named these owners; newer accounts no longer list them.
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100%
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49%
Holdings 0
The accounts to 29-03-2024 list no holdings, and no other source names one.
According to the annual accounts to 29-03-2024 of M-IGHTY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.