MIGÉTECH
ActiveSummary
MIGÉTECH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €21k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 31 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency100▲+36
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.91 against 1.64 in 2025; short-term debt: 20.4% and cash: 32.1% of total assets), and 20.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
79.6%
Return on assets
44.1%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-09-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
44 d early
2025
52 d early
2024
50 d early
2023
34 d early
2022
25 d late
2021
3 d late
2020
174 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€21k▲ 124%
2025 · €9k
2019: €-14k
2020: €-6k
2021: €-25k
2022: €-28k
2023: €-10k
2024: €-2k
2025: €9k
2019 → 2026
Total assets
€26k▲ 10.3%
2025 · €23k
2019: €191k
2020: €189k
2021: €14k
2022: €12k
2023: €22k
2024: €15k
2025: €23k
2019 → 2026
Net result
€11k▼ 2.1%
2025 · €12k
2019: €12k
2020: €8k
2021: €-19k
2022: €-3k
2023: €18k
2024: €7k
2025: €12k
2019 → 2026
Working capital
€21k▲ 124%
2025 · €9k
2019: €-49k
2020: €-52k
2021: €-25k
2022: €-28k
2023: €-10k
2024: €-2k
2025: €9k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€-28k-€-10k▲ 66.1%€-2k▲ 74.0%€9k€21k▲ 124%
Operating result€-2k-€19k€7k▼ 62.3%€12k▲ 65.2%€12k▲ 2.3%
Net result€-3k-€18k€7k▼ 61.9%€12k▲ 65.6%€11k▼ 2.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 2% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €26k
Equity
€21k ▲ 124%
Debt
€5k ▼ 63.0%
Debt's share of the balance-sheet total falls from 60.8% to 20.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.91▲
2025 · 1.64
Debt to equity
0.26▼
2025 · 1.55
ROE
55.4%▼
2025 · 126.9%
ROA
44.1%▼
2025 · 49.7%
Debt ≤ 1 year
€5k▼
2025 · €14k
Income taxes
€515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 34 lines
Balance sheet
Code20252026
Assets
Total assets20/58€23k€26k▲
Current assets29/58€23k€26k▲
Amounts receivable within one year40/41€13k€18k▲
Trade receivables40€12k€18k▲
Other amounts receivable41€1k€43▼
Cash at bank and in hand54/58€11k€8k▼
Equity and liabilities
Total equity and liabilities10/49€23k€26k▲
Equity10/15€9k€21k▲
Contributions10/11€11k€11k=
Reserves13€797€6k▲
Distributable reserves133€797€6k▲
Profit (loss) carried forward14€-3k€4k▲
Amounts payable17/49€14k€5k▼
Amounts payable within one year42/48€14k€5k▼
Trade debts44€10k-
Suppliers440/4€10k-
Taxes, remuneration and social security45-€515
Taxes450/3-€515
Other amounts payable47/48€5k€5k=
Income statement
Code20252026
Other operating charges640/8€387€2k▲
Gross operating margin9900€12k€14k▲
Operating profit (loss)9901€12k€12k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€42€44▲
Recurring financial charges65€42€44▲
Profit (loss) for the period before taxes9903€12k€12k▲
Income taxes67/77-€515
Profit (loss) for the period9904€12k€11k▼
Profit (loss) for the period to be appropriated9905€12k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€9k▲
Profit (loss) brought forward from the previous period14P€-14k€-3k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 4.91
Current ratio from 1.64 to 4.91; short-term debt falls from €14k to €5k.
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 174 days late
31-03
Financial
Weakest financial yearnet €-19k ▼342%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Paola 181330 RixensartGround area
2,220 m²
Building footprint
298 m²
Volume, LiDAR
624 m³
2 parcels, Wallonia · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Communes 1, 1470 Genappe
since 20082.171.054.889
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091A0448/00P000 | Wallonia | 1,212 m² | 1 · 171 m² | - |
| 25003G0007/00W002 | Wallonia | 1,008 m² | 1 · 127 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MAILLET
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D.L.A.
BE 0460.647.852
Gembloux · Eq €20,825
Willoo
BE 0895.867.452
Tielt-Winge · Eq €20,862
SAMAGRI
BE 0553.729.547
Chimay · Eq €20,205
LORDIA
BE 0696.723.977
Assesse · Eq €21,042
Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2008
Fiscal year end31-03
Activities, NACEBEL 2025
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.