MI!
Annual accounts 2025
abbreviated format, filed on 04-09-2026, 35 days late€174,451
▼ 17.3%
-€45,608
▼ €69,661
-€80,480
▼ €81,353
€79,838
▼ 46.3%
30.2%
▼ 21.0 percentage points
1.49
▼ 0.64
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €560,000. Estimated: probably between €450,000 and €730,000.
Balance sheet
balance sheet total €427,157 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
30.2%
Higher than 51% of 4,845 companies in 2025.
1.49
Higher than 64% of 4,743 companies in 2025.
-18.8%
Higher than 12% of 4,767 companies in 2025.
MI!
Middle half of the sector
80% of the sector
Abbreviated accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff
€58,749
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 2 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
427,157 | 463,971 | 396,967 | 351,670 | 261,188 | 94,946 | 73,708 | 149,791 | 222,718 | 255,166 | 113,830 | |
21/28 |
185,550 | 184,191 | 139,616 | 48,235 | 30,334 | 24,483 | 35,929 | 69,044 | 108,999 | 126,102 | 54,915 | |
22/27 |
167,823 | 166,465 | 131,890 | 45,508 | 27,607 | 21,883 | 33,329 | 66,444 | 106,399 | 123,502 | 54,915 | |
23 |
82,365 | 60,993 | 58,216 | 37,262 | 15,626 | 5,319 | 12,757 | 21,848 | 37,552 | 45,386 | 30,208 | |
24 |
67,303 | 78,292 | 37,399 | 5,521 | 8,324 | 11,127 | 13,355 | 35,599 | 58,070 | 69,116 | 24,707 | |
25 |
18,155 | 26,318 | 34,480 | - | - | - | - | - | - | - | - | |
26 |
0 | 863 | 1,794 | 2,726 | 3,657 | 5,437 | 7,217 | 8,997 | 10,777 | 9,000 | - | |
28 |
17,726 | 17,726 | 7,726 | 2,726 | 2,726 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | - | |
29/58 |
241,607 | 279,780 | 257,350 | 303,435 | 230,854 | 70,462 | 37,779 | 80,747 | 113,719 | 129,064 | 58,914 | |
3 |
20,830 | - | - | 0 | 20,444 | 11,718 | 13,122 | 8,300 | 8,500 | 7,000 | - | |
30/36 |
20,830 | - | - | 0 | 20,444 | 11,718 | 13,122 | 8,300 | 8,500 | 7,000 | - | |
40/41 |
178,901 | 249,681 | 249,001 | 233,002 | 182,096 | 46,662 | 23,138 | 13,125 | 83,366 | 109,884 | 24,866 | |
40 |
106,522 | 141,030 | 156,551 | 142,925 | 176,652 | 42,319 | 16,685 | 11,511 | 55,184 | 68,534 | 6,957 | |
41 |
72,378 | 108,651 | 92,450 | 90,077 | 5,444 | 4,343 | 6,453 | 1,614 | 28,182 | 41,350 | 17,909 | |
54/58 |
41,446 | 29,713 | 8,350 | 70,433 | 26,687 | 7,293 | 1,519 | 59,321 | 10,938 | 9,480 | 34,048 | |
490/1 |
431 | 385 | - | 0 | 1,627 | 4,789 | - | - | 10,915 | 2,700 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
427,157 | 463,971 | 396,967 | 351,670 | 261,188 | 94,946 | 73,708 | 149,791 | 222,718 | 255,166 | 113,830 | |
10/15 |
129,154 | 237,868 | 236,995 | 201,169 | 62,437 | -78,565 | -46,471 | 1,635 | -34,114 | 34,391 | 28,866 | |
10/11 |
20,460 | 20,460 | 20,460 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
108,694 | 217,408 | 216,535 | 182,569 | 11,193 | 11,193 | 11,193 | 11,193 | 11,193 | 11,193 | 11,193 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
132 |
9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | 9,333 | |
133 |
99,361 | 208,075 | 207,202 | 171,376 | - | - | - | - | - | - | - | |
14 |
0 | - | - | 0 | 32,644 | -108,358 | -76,264 | -28,158 | -51,507 | 16,998 | 11,473 | |
16 |
4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
168 |
4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
17/49 |
294,003 | 222,103 | 155,971 | 146,501 | 194,751 | 169,510 | 116,179 | 144,156 | 252,832 | 216,775 | 80,964 | |
17 |
132,235 | 90,928 | 43,189 | 0 | 20,086 | 59,576 | 45,786 | 67,983 | 86,611 | 76,939 | 6,397 | |
170/4 |
132,235 | 90,928 | 43,189 | 0 | 20,086 | 59,576 | 45,786 | 67,983 | 86,611 | 76,939 | 6,397 | |
42/48 |
161,769 | 131,175 | 112,782 | 146,501 | 174,665 | 109,934 | 69,793 | 75,749 | 165,921 | 139,836 | 74,566 | |
42 |
75,484 | 47,511 | 18,941 | 22,884 | 30,621 | 17,157 | 22,197 | 21,694 | 16,674 | 19,481 | 5,865 | |
43 |
7,500 | 15,000 | 38,054 | - | - | - | - | - | 7,328 | - | - | |
430/8 |
7,500 | 15,000 | 38,054 | - | - | - | - | - | 7,328 | - | - | |
44 |
73,208 | 55,257 | 30,624 | 62,595 | 100,188 | 68,651 | 29,785 | 8,038 | 80,894 | 84,720 | 42,358 | |
440/4 |
73,208 | 55,257 | 30,624 | 62,595 | 100,188 | 68,651 | 29,785 | 8,038 | 80,894 | 84,720 | 42,358 | |
46 |
- | - | - | - | - | - | - | 10,028 | 15,278 | - | - | |
45 |
206 | 13,407 | 24,935 | 48,431 | 20,940 | 5,153 | 4,621 | 13,958 | 7,468 | 10,257 | 18,465 | |
450/3 |
206 | 8,520 | 20,142 | 45,277 | 12,178 | 5,058 | 2,585 | 8,578 | 6,084 | 9,060 | 16,668 | |
454/9 |
0 | 4,887 | 4,794 | 3,154 | 8,762 | 95 | 2,036 | 5,380 | 1,384 | 1,197 | 1,796 | |
47/48 |
5,371 | 0 | 228 | 12,592 | 22,916 | 18,973 | 13,191 | 22,030 | 38,280 | 25,378 | 7,878 | |
492/3 |
- | - | - | - | - | - | 600 | 425 | 300 | - | - | |
| Income statement | ||||||||||||
76A |
137 | - | - | 0 | 248 | - | - | - | - | - | - | |
9900 |
174,451 | 210,864 | 139,571 | 286,672 | 222,850 | 43,601 | 133,553 | 157,372 | 103,352 | 139,053 | 63,198 | |
62 |
164,498 | 144,873 | 78,128 | 87,771 | 58,618 | 44,058 | 127,785 | 77,788 | 115,981 | 90,517 | 9,056 | |
630 |
49,351 | 37,643 | 32,880 | 12,605 | 10,256 | 26,044 | 41,452 | 41,111 | 49,021 | 39,221 | 17,800 | |
640/8 |
6,209 | 2,998 | 1,678 | 3,153 | 2,044 | 808 | 8,855 | 4,827 | 5,141 | 1,319 | 1,603 | |
66A |
0 | 1,296 | - | 0 | 1,123 | - | - | - | - | - | - | |
9901 |
-45,608 | 24,053 | 26,885 | 183,143 | 150,809 | -27,310 | -44,540 | 33,645 | -66,792 | 7,996 | 34,739 | |
75/76B |
366 | 328 | 86 | 93 | 529 | 1,873 | 871 | 654 | 257 | 104 | 41 | |
75 |
366 | 328 | 86 | 93 | 529 | 220 | 871 | 654 | 257 | 104 | 41 | |
76B |
- | - | - | - | - | 1,653 | - | - | - | - | - | |
65/66B |
13,589 | 10,573 | 4,088 | 3,400 | 6,104 | 6,657 | 4,074 | 10,187 | 3,829 | 2,525 | 1,101 | |
65 |
13,589 | 10,573 | 4,088 | 3,400 | 6,104 | 6,657 | 4,074 | 10,187 | 3,829 | 2,525 | 1,101 | |
9903 |
-58,831 | 13,807 | 22,883 | 179,836 | 145,234 | -32,094 | -47,744 | 24,112 | -70,364 | 5,575 | 33,679 | |
67/77 |
21,648 | 12,934 | -12,944 | 41,104 | 4,232 | - | 362 | 763 | -1,860 | 50 | 7,013 | |
9904 |
-80,480 | 873 | 35,827 | 138,732 | 141,002 | -32,094 | -48,106 | 23,348 | -68,504 | 5,525 | 22,666 | |
689 |
- | - | - | - | - | - | - | - | - | - | 9,333 | |
9905 |
-80,480 | 873 | 35,827 | 138,732 | 141,002 | -32,094 | -48,106 | 23,348 | -68,504 | 5,525 | 13,333 | |
| Appropriation of the result | ||||||||||||
9906 |
-80,480 | 873 | 35,827 | 171,376 | 32,644 | -108,358 | -76,264 | -28,158 | -51,507 | 16,998 | 13,333 | |
14P |
- | - | 0 | 32,644 | -108,358 | - | - | - | - | - | - | |
791/2 |
108,715 | 0 | 1,860 | - | - | - | - | - | - | - | - | |
691/2 |
0 | 873 | 37,687 | 171,376 | - | - | - | - | - | - | 1,860 | |
691 |
- | 0 | 1,860 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
0 | 873 | 35,827 | 171,376 | - | - | - | - | - | - | - | |
694/7 |
28,235 | - | - | - | - | - | - | - | - | - | - | |
694 |
28,235 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
2.8 | 2.9 | 3.2 | 9.6 | 5.4 | 3.2 | 6.3 | 7.9 | 7.2 | 5.7 | 1.6 | |
Hours worked1013 |
4,814 | 4,999 | 2,849 | 3,776 | 28,167 | 1,741 | 6,309 | 4,223 | 57,603 | 5,186 | 473 | |
| Document | ||||||||||||
The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 04-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 35 days after the deadline. Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00501078.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-09-2026 | 2026-00501078 | |
| 31-12-2024 | abbreviated format | 26-08-2025 | 2025-00401813 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00481240 | |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00475966 | |
| 31-12-2021 | micro format | 02-12-2022 | 2022-20534518 | |
| 31-12-2020 | micro format | 24-03-2022 | 2022-09000564 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31300454 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-39100243 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57100313 | |
| 31-12-2016 | micro format | 23-11-2017 | 2017-70300163 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-56700240 |
Subsidies and aid
Flemish government 2022 to 2025, 3 entries, €14,678 awarded, €8,670 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €6,008 | €0 |
| 2024 | 1 | €4,290 | €4,290 |
| 2022 | 1 | €4,380 | €4,380 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,744 | 61,696 | 59,765 | 195,748 | 161,065 | -1,266 | -3,088 | 74,756 | -17,770 | 47,217 | 52,538 | ||
| -31,128 | 38,516 | 68,707 | 151,337 | 151,257 | -6,049 | -6,653 | 64,459 | -19,483 | 44,746 | 40,465 | ||
| 50,573 | 85,167 | 124,261 | 30,506 | 18,641 | 14,599 | 8,337 | 1,156 | 31,919 | 110,407 | 72,715 | ||
| 11,732 | 21,364 | -62,084 | 43,746 | 19,394 | 5,774 | -57,802 | 48,384 | 1,458 | -24,568 | - | ||
| 79,838 | 148,605 | 144,568 | 156,934 | 56,189 | -39,471 | -32,014 | 4,998 | -52,202 | -10,772 | -15,652 | ||
| 30.2% | 51.3% | 59.7% | 57.2% | 23.9% | -82.7% | -63.0% | 1.1% | -15.3% | 13.5% | 25.4% | ||
| 1.49 | 2.13 | 2.28 | 2.07 | 1.32 | 0.64 | 0.54 | 1.07 | 0.69 | 0.92 | 0.79 | ||
| 1.36 | 2.13 | 2.28 | 2.07 | 1.20 | 0.53 | 0.35 | 0.96 | 0.63 | 0.87 | 0.79 | ||
| 2.28 | 0.93 | 0.66 | 0.73 | 3.12 | - | - | 88.18 | - | 6.30 | 2.80 | ||
| -62.3% | 0.4% | 15.1% | 69.0% | 225.8% | - | - | - | - | 16.1% | 78.5% | ||
| -18.8% | 0.2% | 9.0% | 39.4% | 54.0% | -33.8% | -65.3% | 15.6% | -30.8% | 2.2% | 19.9% | ||
| 0.28 | 5.84 | 14.62 | 57.58 | 26.39 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | 1 | 1 |
| full-time | 3 | 3 | 2 | 1 | 1 |
| part-time | 0 | 0 | 0 | 0 | - |
| in full-time equivalents | 3 | 3 | 2 | 1 | 1 |
| 2.8 | 2.9 | 3.2 | 9.6 | 5.4 | |
| On a permanent contract | 3 | 3 | 2 | 1 | 1 |
| Joined | 2 | 2 | 12 | 23 | 17 |
| Left | 2 | 1 | 11 | 23 | 17 |
| Training hours | 0 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Carrying value of the other pledged assets | €248,055 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €50,573 | €75,167 | €119,261 | €30,506 | €18,515 |
| Financial fixed assets | - | €10,000 | €5,000 | - | €126 |
| €49,351 | €37,643 | €32,880 | €12,605 | €10,256 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MI!
The operating result for 2025 is a loss of €45,608, after a profit of €24,053 in 2024. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 47.9% to 68.8%. Equity is lower and debt is higher.