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MIGPRIL

Active Private limited companyfounded 2005active for 20 yearsKampstraat 25, 9500 GeraardsbergenKBO/BCE: BE 0877.210.392

Lifetime

20 annual accounts with figures on one time axis
peak €256,055 (2012)
€25,937▲ 1.5%
lowest -€18,036 (2013)
€186,774▲ 2.7%
peak €1.2m (2020)
€904,159▲ 16.2%
€216,273▼ 39.0%
Board2 names since 2021
1 directorMignon Emanuel
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Dividend €60,491Equity from €777,876 to €904,159Debts from €354,697 to €216,273

Key points

from the 2025 annual accounts

Equity

€904,159 ▲ 16.2%

MIGPRIL has made a profit without a break since 2014.

Filings

20 annual accounts 61 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

€904,159

More equity than 94% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.

Checked score

88
Excellent
Financially stronger than 55% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.4 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

100+6equity 80.7% of total assets
45+7short-term debt 19.3% · cash 0.7%
79+1return on assets 16.7%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Liquidity: current ratio 3.33, cash €7,828
lowers risk
Size: total assets €1.1m
Equity €904,159 (80.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 25% on liquidity, 45% on profitability and 64% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as MIGPRIL has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MIGPRIL itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for MIGPRIL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €75,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.33 (2.07 in 2024), above the usual 1.5. Short-term debt is 19.3% and cash 0.7% of total assets. 19.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 3.33, cash €7,828
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €904,159 (80.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €904,159
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
31 days late
2023
31 days late
2022
60 days late
2021
2 days early
2020
31 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ME
Director, since 15-03-2021
  • Emanuel Mignon 25 sharesdeed of 05-02-2021
  • Peggy De Pril 25 sharesdeed of 05-02-2021

Shares in 1 company, APOTHEEK DE PRIL DENDERHOUTEM

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0877210392
Demerger: MIGPRIL splits off to PEGGY Registered office moved to Geraardsbergen · New registered office: Kampstraat 25C, 9500 Geraardsbergen · Resignation: De Pril Peggy (manager) · General meeting of 15-03-2021 · Gazette deed
Demerger proposal: MIGPRIL splits off to PEGGY Capital conversion: €55,000 · Emanuel Mignon holds 25 shares · Peggy De Pril holds 25 shares · Board meeting of 20-01-2021 · Gazette deed
First establishment Edingsesteenweg 268, Pajottegem
All 33 events

Comparable companies

same main activity, similar in size and age
Company
MIGPRIL Geraardsbergen €1.1m €25,937 80.7% -
MCL Ghent €1.2m €27,329 -24.3% 0.8
ASLAN PARTNERS Aalst €1.1m €24,995 59.9% -
EMMA LEVANTE Ghent €0.9m €27,438 31.7% -
NETCODE Lokeren €0.9m €25,142 63.7% -
GLOBAL BUSINESS ASSOCIATES Ottignies-Louvain-la-Neuve €1.1m €24,152 10.2% -
HAFSIA Mons €1.1m €23,501 93.4% -

These companies have the same main activity as MIGPRIL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €870,000 and €1.2m, founded between 2003 and 2008.

Official details

Source: KBO
Status
Active since 10-11-2005Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.150.276.5011755 Pajottegem, since 05-12-2005
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €76,000estimated
€1.1m▼ 1.1%
Filing
Filed on 30-09-2026
Financials

Insights on MIGPRIL

MIGPRIL files the micro format. That format states no turnover. The gross margin fell from €69,345 in 2006 to €25,937 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MIGPRIL

What is the company number of MIGPRIL?
The company number of MIGPRIL is 0877.210.392. The VAT number is the same number with BE in front: BE 0877.210.392.
Where is MIGPRIL based?
The registered office is at Kampstraat 25, 9500 Geraardsbergen.Company details
What does MIGPRIL do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MIGPRIL?
MIGPRIL is a private limited company (BV).
When was MIGPRIL founded?
MIGPRIL was founded on 10-11-2005.
Is MIGPRIL still active?
Yes, MIGPRIL is an active enterprise in the KBO register.
What is the turnover of MIGPRIL?
The turnover in financial year 2025 is ≈ €76,000. This figure is estimated from the gross margin of €25,937 and 144 comparable companies (NACE 70200). It probably lies between €45,000 and €100,000.Financials
Is MIGPRIL profitable?
In financial year 2025, MIGPRIL made a profit of €186,774.
Where can I find the annual accounts of MIGPRIL?
MIGPRIL filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIGPRIL due?
MIGPRIL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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