Financials
- Financial year
- 2026
- Total assets
- €1.8m
- Profit
- €121,458
- Solvency
- 32.5%
Total assets▲ 13.2%
Net result
20192026
MIGA
ActiveSummary
MIGA has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €596,688 and a net result of €121,458. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 46% of 327 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
4th oldest company in Jurbise, Wholesale and retail trade sector1 site
Size
€1.8mtotal assets 2026
- Staff
- 14.4 FTE
- Equity
- €596,688
- Profit
- €121,458
Structure
- MOUTON YasmineDirector
- MOUTON YvesDirector
2026 accounts filed 18 days late1 of 5 deeds summarised
Why 93raises riskSector: Retail trade (NACE 47)lowers riskFounded in 1993Liquidity: current ratio 0.80, cash €347,447Profit of €121,458 (financial year 2026)Show the evidence
Checked score
Score 2026
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 47, small)
Financial strength · tick = 2025
Average
Solvency
58-1
equity 32.5% of total assets
Liquidity
39+12
short-term debt 65.8% · cash 19.0%
Profitability
77-2
return on assets 6.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.6%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.8, compared with 0.68 in 2025, below 1; short-term debt: 65.8% and cash: 19% of total assets), and 67.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 52% on solvency, 42% on liquidity, 72% on profitability and 64% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 18-09-2026, 18 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2026
18 days late
2025
27 days early
2024
5 days early
2023
31 days early
2022
21 days early
2021
22 days early
2020
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 10 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-01-2027 year end31-08-2027 deadline
- Annual accounts filedfinancial year 2026 · full…
- Annual accounts filedfinancial year 2025 · full…
- Equity above €500,000equity €544,231 ▲18.4%
Key points
By topic
Board & ownership
- Board
- 2 members
- MOUTON YasmineDirector
- MOUTON YvesDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 38
- Since
- 1995
- Next accounts
- by 31-08-2027
- 26-08-2024Annual accounts filed
- 22-01-2024Resignations: MOUTON Yves (director) and MOUTON Yasmine…
- 31-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 08-04-1993
- Year ends
- 31-01
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Annual meeting
- Third Wednesday of June at 14:00
Key facts about MIGA
- What is the company number of MIGA?
- 0449.838.389. In Belgium the VAT number is the company number with BE in front: BE 0449.838.389.
- Where is MIGA based?
- The registered office is at Route d'Ath(J) 420, 7050 Jurbise.Company details
- What does MIGA do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of MIGA?
- Public limited company (NV).
- When was MIGA founded?
- On 08-04-1993.
- Is MIGA still active?
- Yes, MIGA is an active enterprise in the KBO register.
- How many employees does MIGA have?
- On average 14.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of MIGA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MIGA profitable?
- In financial year 2026, MIGA made a profit of €121,458.
- Where can I find the annual accounts of MIGA?
- MIGA filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of MIGA due?
- By 31-08-2027, for financial year 2027.Timeline
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