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MIG CONSTRUCT

Active Private limited company (pre-2019)founded 2016active for 9 yearsPantheonlaan 23, 1081 KoekelbergKBO/BCE: BE 0668.366.424
MIG CONSTRUCT
Financial year 2025
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Annual accounts 2025

full format, filed on 19-12-2025, 43 days before the deadline
€69,480
▲ 57.2%
€7,752
▲ 24.2%
-
-
57.9%
▲ 21.8 percentage points
2.38
▲ 0.81

Money flows

of every €100 of turnover, €11.09 remains as profit in 2025

Balance sheet

balance sheet total €27,272 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

57.9%

Higher than 44% of 3,486 companies in 2024.

2.38

Higher than 49% of 3,453 companies in 2024.

28.3%

Higher than 93% of 3,472 companies in 2024.

MIG CONSTRUCT Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220202019201821 months
Balance sheet: assets
20/58 27,27222,37430,82618,46730,24122,61044,091
21/28 --20693---
22/27 --20693---
23 --20693---
29/58 27,27222,37430,80617,77430,24122,61044,091
40/41 13,54318,58322,78216,13830,21918,22243,901
40 11,500-20,15014,95028,50015,45035,455
41 2,04318,5832,6321,1881,7192,7728,446
54/58 13,7293,7918,0241,636224,388190
Balance sheet: equity and liabilities
10/49 27,27222,37430,82618,46730,24122,61044,091
10/15 15,7948,0871,89271511,33210,13210,882
10/11 18,60018,60018,60018,60018,60018,60018,600
10 18,60018,60018,60018,600---
100 18,60018,60018,60018,60018,60018,60018,600
14 -2,806-10,513-16,708-17,885-7,268-8,468-7,718
17/49 11,47814,28728,93417,75218,90912,47833,209
42/48 11,47814,2874,9204,03118,90912,47833,209
44 1-4,9204,03110,10799215,210
440/4 1-4,9204,03110,10799215,210
45 -----750294
450/3 -----750294
47/48 11,47714,287--8,80210,73617,705
492/3 --24,01413,721---
Income statement
70 69,48044,19073,95035,075---
9900 8,1396,6452,367-5,7991,239-362-6,620
60/61 61,34137,54571,58240,874---
630 -20673672---
640/8 387385347347-3481,043
9901 7,7526,2401,347-6,8181,239-710-7,663
75/76B ---50---
75 ---50---
65/66B 45454545394055
65 45454545394055
9903 7,7076,1951,302-6,8131,200-750-7,718
67/77 --12550---
9904 7,7076,1951,177-6,8631,200-750-7,718
9905 7,7076,1951,177-6,8631,200-750-7,718
Appropriation of the result
9906 -2,806-10,513-16,708-17,885-7,268-8,468-7,718
14P -10,513-16,708-17,885-11,022---
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 19-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 full format 19-12-2025 2025-00585206 PDF
30-06-2024 full format 17-12-2024 2024-00617539 PDF
30-06-2023 full format 25-02-2024 2024-00033944 PDF
30-06-2022 full format 24-06-2023 2023-00154211 PDF
30-06-2020 full format 31-12-2020 2020-77600089 PDF
30-06-2019 full format 20-12-2019 2019-76600597 PDF
30-06-2018 full format 20-12-2019 2019-76600596 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220202019201821 months
-6,2602,020-6,146---
-6,2151,850-6,191---
-00----
9,938-4,2336,388--4,3664,198-
15,7948,08725,88613,74311,33210,13210,882
11.2%14.1%1.8%-19.4%---
57.9%36.1%6.1%3.9%37.5%44.8%24.7%
2.381.576.264.411.601.811.33
0.731.7715.29-1.671.233.05
48.8%76.6%62.2%-10.6%-7.4%-70.9%
28.3%27.7%3.8%-37.2%4.0%-3.3%-17.5%
-over 10044.89-136.58---
60 days153 days99 days156 days---
0 days-25 days36 days---

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.

Insights on MIG CONSTRUCT

The operating result for 2025 is 24% higher than in 2024 and the highest since 2018. It is the third rise in a row.

Debt's share of the balance-sheet total falls from 63.9% to 42.1%. Equity is higher and debt is lower.

Next steps

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