Mig Motors Wonder
Mig Motors Wonder has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-101k) and a net result of €-47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 112 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €-101k |
| Net result | €-47k |
| Better than sector | 5% |
| Active | 18 yrs |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -36.2% | 35.5% | |
| Net result | €-70k | €58k | |
| Equity | €-54k | €174k | |
| Gross operating margin | €-68k | €349k | |
| Total assets | €150k | €808k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | €441k |
| EBITDA | €-43k |
| Net profit | €-47k |
| Cash flow | €-46k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €133k |
| Equity | €-101k |
| Debt | €234k |
| of which ≤ 1y | €234k |
| of which > 1y | - |
| Working capital | €-104k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.55 |
| Quick ratio | 0.43 |
| Working capital ratio | -78.3% |
| Solvency | -76.0% |
| Debt / equity | -2.32 |
| Long-term debt ratio | - |
| Interest coverage | -12.61 |
| Gross margin | -9.5% |
| Net margin | -10.6% |
| ROA | -35.3% |
| ROE | 46.4% |
| EBITDA margin | -9.7% |
| Days sales outstanding | 33d |
| Days payable outstanding | 70d |
| Inventory turnover | 16.11 |
| Days inventory (DSI) | 23d |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €133k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €130k |
| Stocks & contracts in progress | 3 | €30k |
| Amounts receivable within one year | 40/41 | €76k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €133k |
| Equity | 10/15 | €-101k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €567 |
| Accumulated profits (losses) | 14 | €-117k |
| Amounts payable | 17/49 | €234k |
| Amounts payable within one year | 42/48 | €234k |
| Trade debts payable within one year | 44 | €92k |
| Income statement | ||
| Turnover | 70 | €441k |
| Gross operating margin | 9900 | €-42k |
| Operating result | 9901 | €-44k |
| Financial income | 75 | €241 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-47k |
| Net result for the period | 9904 | €-47k |
| Result to be appropriated | 9905 | €-47k |
-
Vincent YserbytDirectorState Gazette act 24415096 (11-07-2024)Current11-07-2024 → present
| NACE primary | Repair and maintenance of furniture and upholstery(95240) |
| Legal form | Private limited company(610) |
| Incorporation | 10-07-2008 |
| Status | Active |
| Postal code | 9810 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0100/00K000 | Flanders | 8,021 m² | 1 · 3,061 m² | 7.0 m · 2 fl. |
31-08-2026 NBB filing Annual accounts filed
30-07-2025 NBB filing Annual accounts filed
13-11-2024 State Gazette act Registered-office change
11-07-2024 State Gazette act Director changes
30-01-2024 NBB filing Annual accounts filed
23-12-2022 NBB filing Annual accounts filed
31-01-2022 NBB filing Annual accounts filed
18-12-2020 NBB filing Annual accounts filed
03-12-2019 NBB filing Annual accounts filed
12-11-2018 NBB filing Annual accounts filed
29-11-2017 NBB filing Annual accounts filed
29-11-2016 NBB filing Annual accounts filed
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-11-2024 Registered office moved from Waregem to Eke-Nazareth
- Franklin Rooseveltlaan 165 : 8790 Waregem → 9810 Eke-Nazareth, Begoniastraat 12
Technical details
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"expeditie akte statutenwijziging en de geco\u00F6rdineerde statuten",
"Bijzondere verslag bestuursorgaan overeenkomstig artikel 5:101WVV"
]
}11-07-2024 Vincent Yserbyt appointed as director
- Vincent Yserbyt, Bestuurder
Technical details
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"act_meta": {
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}| Legal nameNL | Mig Motors Wonder |