2milleD
ActiveSummary
2milleD has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€394,234) and a net result of €10,406. Equity is shrinking by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+24
Solvency12▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.26 in 2024; short-term debt: 43.2% and cash: 1.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.6%
Return on assets
0.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 391 sector peers (2025).
NBB · sector comparisonPosition among 391 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
27 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
30 d late
← 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 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,406
2024 · -€109,880
Working capital
-€870,892▼ 27.9%
2024 · -€680,651
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€145,734▼ 561%-€4,264▲ 97.1%-€61,855▼ 1,351%-€59,146▲ 4.4%€48,178
Net result-€220,377below the sector's middle half▼ 103%-€68,512within the sector's middle half▲ 68.9%-€124,587below the sector's middle half▼ 81.8%-€109,880below the sector's middle half▲ 11.8%€10,406within the sector's middle half
Equity-€362,553below the sector's middle half▼ 187%-€169,531below the sector's middle half▲ 53.2%-€309,915below the sector's middle half▼ 82.8%-€435,592below the sector's middle half▼ 40.6%-€394,234below the sector's middle half▲ 9.5%
Total assets€3.4mwithin the sector's middle half▼ 7.4%€3.3mwithin the sector's middle half▼ 3.7%€3.0mwithin the sector's middle half▼ 8.4%€2.9mwithin the sector's middle half▼ 3.0%€3.1mwithin the sector's middle half▲ 6.8%
Debt€3.8m▼ 0.9%€3.5m▼ 8.4%€3.3m▼ 3.9%€3.4m▲ 1.1%€3.5m▲ 4.7%
Working capital-€929,621below the sector's middle half▼ 16.8%-€1.1mbelow the sector's middle half▼ 15.9%-€679,734below the sector's middle half▲ 36.9%-€680,651below the sector's middle half▼ 0.1%-€870,892below the sector's middle half▼ 27.9%
Solvency-10.6%below the sector's middle half▼ 7.2pp-5.1%below the sector's middle half▲ 5.4pp-10.3%below the sector's middle half▼ 5.1pp-14.9%below the sector's middle half▼ 4.6pp-12.6%below the sector's middle half▲ 2.3pp
Current ratio0.10below the sector's middle half▼ 0.060.15below the sector's middle half▲ 0.050.18below the sector's middle half▲ 0.030.26below the sector's middle half▲ 0.090.36below the sector's middle half▲ 0.09
Return on assets (ROA)-6.4%within the sector's middle half▼ 3.5pp-2.1%within the sector's middle half▲ 4.4pp-4.1%below the sector's middle half▼ 2.0pp-3.7%within the sector's middle half▲ 0.4pp0.3%within the sector's middle half▲ 4.1pp
Staff (FTE)12.5within the sector's middle half▼ 6.7%10.8within the sector's middle half▼ 13.6%10.5within the sector's middle half▼ 2.8%12.2within the sector's middle half▲ 16.2%11.6within the sector's middle half▼ 4.9%
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €48,178 after a loss of €59,146 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€2.6m ▼ 1.5%
Current assets
€484,125 ▲ 99.0%
Key figures and ratios
EBITDA
€247,119▲
2024 · €130,757
Cash flow
€209,347▲
2024 · €80,023
Quick ratio
0.35▲
2024 · 0.24
Debt to equity
-8.95▼
2024 · -7.73
Interest coverage
4.22▲
2024 · 1.96
Debt ≤ 1 year
€1.4m▲
2024 · €923,908
Debt > 1 year
€2.2m▼
2024 · €2.4m
Income taxes
€199▲
2024 · €166
Staff costs
€537,642▲
2024 · €537,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 517 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.5%
went bankrupt
3.9%
stopped otherwise
92%
still going
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 517 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €415,301 | €486,664 | €537,097 | €537,642 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231,368 | €233,364 | €240,689 | €189,903 | €198,941 | ▲ 4.8% |
| Other operating charges640/8 | - | €19,621 | €21,159 | €21,816 | €24,037 | ▲ 10.2% |
| Gross operating margin9900 | €479,603 | €664,022 | €686,657 | €689,670 | €808,798 | ▲ 17.3% |
| Operating profit (loss)9901 | -€145,734 | -€4,264 | -€61,855 | -€59,146 | €48,178 | ▲ 181% |
| Financial income75/76B | - | €16,668 | €15,797 | €16,082 | €20,993 | ▲ 30.5% |
| Recurring financial income75 | €15,797 | €16,668 | €15,797 | €16,082 | €20,993 | ▲ 30.5% |
| Financial charges65/66B | - | €80,841 | €78,326 | €66,650 | €58,566 | ▼ 12.1% |
| Recurring financial charges65 | €90,354 | €80,841 | €78,326 | €66,650 | €58,566 | ▼ 12.1% |
| Profit (loss) for the period before taxes9903 | -€220,291 | -€68,437 | -€124,384 | -€109,714 | €10,605 | ▲ 110% |
| Income taxes67/77 | €86 | €75 | €203 | €166 | €199 | ▲ 19.9% |
| Profit (loss) for the period9904 | -€220,377 | -€68,512 | -€124,587 | -€109,880 | €10,406 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | -€220,377 | -€68,512 | -€124,587 | -€109,880 | €10,406 | ▲ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.4m | €3.3m | €3.0m | €2.9m | €3.1m | ▲ 6.8% |
| Fixed assets21/28 | €3.3m | €3.1m | €2.9m | €2.7m | €2.6m | ▼ 1.5% |
| Tangible fixed assets22/27 | €3.3m | €3.1m | €2.9m | €2.7m | €2.6m | ▼ 1.5% |
| Land and buildings22 | - | €2.9m | €2.7m | €2.6m | €2.5m | ▼ 3.8% |
| Plant, machinery and equipment23 | - | €206,425 | €143,913 | €120,178 | €171,449 | ▲ 42.7% |
| Furniture and vehicles24 | - | €25,381 | €20,868 | €16,199 | €21,326 | ▲ 31.7% |
| Current assets29/58 | €106,387 | €189,139 | €145,667 | €243,257 | €484,125 | ▲ 99.0% |
| Stocks and contracts in progress3 | €11,658 | €11,663 | €12,036 | €20,701 | €11,761 | ▼ 43.2% |
| Stocks30/36 | - | €11,663 | €12,036 | €20,701 | €11,761 | ▼ 43.2% |
| Amounts receivable within one year40/41 | €32,574 | €125,483 | €104,401 | €180,196 | €414,802 | ▲ 130% |
| Trade receivables40 | - | €125,483 | €101,903 | €180,196 | €414,790 | ▲ 130% |
| Other amounts receivable41 | - | - | €2,498 | - | €12 | - |
| Cash at bank and in hand54/58 | €53,510 | €44,330 | €16,837 | €28,200 | €40,848 | ▲ 44.9% |
| Deferred charges and accrued income490/1 | - | €7,663 | €12,393 | €14,160 | €16,714 | ▲ 18.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.4m | €3.3m | €3.0m | €2.9m | €3.1m | ▲ 6.8% |
| Equity10/15 | -€362,553 | -€169,531 | -€309,915 | -€435,592 | -€394,234 | ▲ 9.5% |
| Contributions10/11 | €130,000 | €407,333 | €407,333 | €407,333 | €409,193 | ▲ 0.5% |
| Capital10 | - | €407,333 | €407,333 | €407,333 | - | - |
| Issued capital100 | - | €407,333 | €407,333 | €407,333 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | -€826,154 | -€894,667 | -€1.0m | -€1.1m | -€1.1m | ▲ 0.9% |
| Investment grants15 | - | €315,943 | €300,146 | €284,349 | €315,301 | ▲ 10.9% |
| Amounts payable17/49 | €3.8m | €3.5m | €3.3m | €3.4m | €3.5m | ▲ 4.7% |
| Amounts payable after more than one year17 | €2.8m | €2.2m | €2.5m | €2.4m | €2.2m | ▼ 11.1% |
| Financial debts170/4 | - | €1.4m | €1.2m | €912,663 | €653,717 | ▼ 28.4% |
| Other amounts payable178/9 | - | €767,362 | €1.3m | €1.5m | €1.5m | ▼ 0.8% |
| Amounts payable within one year42/48 | €1.0m | €1.3m | €825,401 | €923,908 | €1.4m | ▲ 46.7% |
| Current portion of amounts payable after more than one year42 | - | €294,259 | €273,141 | €249,175 | €258,945 | ▲ 3.9% |
| Financial debts43 | - | €65,630 | - | - | - | - |
| Credit institutions430/8 | - | €65,630 | - | - | - | - |
| Trade debts44 | €165,987 | €268,312 | €376,561 | €445,658 | €764,708 | ▲ 71.6% |
| Suppliers440/4 | - | €268,312 | €376,561 | €445,658 | €764,708 | ▲ 71.6% |
| Taxes, remuneration and social security45 | - | €61,442 | €72,433 | €87,747 | €75,076 | ▼ 14.4% |
| Taxes450/3 | - | €3,153 | €7,569 | €6,615 | €4,898 | ▼ 26.0% |
| Remuneration and social security454/9 | - | €58,289 | €64,864 | €81,132 | €70,178 | ▼ 13.5% |
| Other amounts payable47/48 | - | €577,170 | €103,266 | €141,328 | €256,288 | ▲ 81.3% |
| Accrued charges and deferred income492/3 | - | €6,228 | €1,482 | €1,482 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€220,377 | -€68,512 | -€124,587 | -€109,880 | €10,406 | ▲ 109% |
| + Depreciation and write-downs630 | €231,368 | €233,364 | €240,689 | €189,903 | €198,941 | ▲ 4.8% |
| Operating cash flow (approximation) | €10,991 | €164,852 | €116,102 | €80,023 | €209,347 | ▲ 162% |
| Investment in fixed assets (approximation) | - | -€24,926 | -€7,632 | -€1,968 | -€158,112 | ▼ 7,934% |
| Change in cash | - | -€9,180 | -€27,493 | €11,363 | €12,648 | ▲ 11.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Back to profitnet €10,406
Net result €10,406 after 5 loss-making years.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
31-03
Financial
Weakest financial yearnet -€220,377
Net result drops to -€220,377, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Namur · 1 establishment unit since 2012
Ground area
2,435 m²
Building footprint
142 m²
Volume, LiDAR
1,281 m³
2 parcels, Wallonia · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
44
companies at this address
See who is registered here
1 establishment unit
THE ROYAL SNAIL
since 20122.190.607.319
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302E0043/02T000 | Wallonia | 1,264 m² | 1 · 48 m² | 14.9 m · 5 fl. |
| 92094B0311/00Z005 | Wallonia | 1,172 m² | 1 · 93 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.190.607.319
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Of 2,393 companies in sector 55100 we hold annual accounts for 1,517. 627 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-1998
Fiscal year end31-03
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462811249
Also
9925:BE0462811249
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.