DE MILL
ActiveSummary
DE MILL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-9
Solvency46▲+19
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.46 in 2024; short-term debt: 43.3% and cash: 22% of total assets), and 79% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
18%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
26 d late
2022
28 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 597%
2024 · €3k
2022: €21khighest in 4 years
2023: €-39k▼ -286% vs 2022lowest in 4 years
2024: €3k▲ +108% vs 2023
2025: €21k▲ +597% vs 2024
2022 → 2025
Total assets
€99k▼ 22.5%
2024 · €127k
2022: €160khighest in 4 years
2023: €129k▼ -19.4% vs 2022
2024: €127k▼ -1.1% vs 2023
2025: €99k▼ -22.5% vs 2024lowest in 4 years
2022 → 2025
Net result
€18k▼ 58.1%
2024 · €42k
2022: €-37k
2023: €-61k▼ -64.1% vs 2022lowest in 4 years
2024: €42k▲ +170% vs 2023highest in 4 years
2025: €18k▼ -58.1% vs 2024
2022 → 2025
Working capital
€-5k▲ 85.0%
2024 · €-35k
2022: €-37k
2023: €-87k▼ -134% vs 2022lowest in 4 years
2024: €-35k▲ +59.6% vs 2023
2025: €-5k▲ +85.0% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€21k-€-39k€3k€21k▲ 597%
2022: €21khighest in 4 years
2023: €-39k▼ -286% vs 2022lowest in 4 years
2024: €3k▲ +108% vs 2023
2025: €21k▲ +597% vs 2024
Operating result€-33k-€-57k▼ 72.3%€48k€22k▼ 54.5%
2022: €-33k
2023: €-57k▼ -72.3% vs 2022lowest in 4 years
2024: €48k▲ +184% vs 2023highest in 4 years
2025: €22k▼ -54.5% vs 2024
Net result€-37k-€-61k▼ 64.1%€42k€18k▼ 58.1%
2022: €-37k
2023: €-61k▼ -64.1% vs 2022lowest in 4 years
2024: €42k▲ +170% vs 2023highest in 4 years
2025: €18k▼ -58.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€61k ▼ 37.1%
Current assets
€38k ▲ 24.8%
Equity and liabilities €99k
Equity
€21k ▲ 597%
Debt
€78k ▼ 37.3%
Debt's share of the balance-sheet total falls from 97.7% to 79.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▼
2024 · €74k
Cash flow
€45k▼
2024 · €69k
Current ratio
0.88▲
2024 · 0.46
Quick ratio
0.67▲
2024 · 0.34
Debt to equity
3.76▼
2024 · 41.86
ROE
85.7%
ROA
18.0%▼
2024 · 33.2%
Interest coverage
12.94▼
2024 · 14.00
Debt ≤ 1 year
€43k▼
2024 · €65k
Debt > 1 year
€35k▼
2024 · €59k
Income taxes
€271▼
2024 · €291
Staff costs
€42k▼
2024 · €54k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€127k€99k▼
Fixed assets21/28€97k€61k▼
Tangible fixed assets22/27€84k€61k▼
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€17k€9k▼
Leasing and similar rights25€10k€9k▼
Other tangible fixed assets26€44k€36k▼
Financial fixed assets28€13k€0▼
Current assets29/58€30k€38k▲
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€11k€5k▼
Trade receivables40€7k€0▼
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€9k€22k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€127k€99k▼
Equity10/15€3k€21k▲
Contributions10/11€7k€7k=
Reserves13€25k€25k=
Tax-exempt reserves132€25k€25k=
Profit (loss) carried forward14€-29k€-11k▲
Amounts payable17/49€124k€78k▼
Amounts payable after more than one year17€59k€35k▼
Financial debts170/4€59k€35k▼
Amounts payable within one year42/48€65k€43k▼
Current portion of amounts payable after more than one year42€15k€11k▼
Financial debts43-€507
Credit institutions430/8-€507
Trade debts44€22k€14k▼
Suppliers440/4€22k€14k▼
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€1k€1k▼
Remuneration and social security454/9€13k€16k▲
Other amounts payable47/48€14k€189▼
Income statement
Code20242025
Remuneration, social security and pensions62€54k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€8k€6k▼
Gross operating margin9900€136k€97k▼
Operating profit (loss)9901€48k€22k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€43k€18k▼
Income taxes67/77€291€271▼
Profit (loss) for the period9904€42k€18k▼
Profit (loss) for the period to be appropriated9905€42k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-11k▲
Profit (loss) brought forward from the previous period14P€-71k€-29k▲
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To contributions691€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €75k | €83k | €54k | €42k | ▼ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29k | €26k | €26k | €27k | ▲ 4.7% |
| Other operating charges640/8 | €10k | €6k | €8k | €6k | ▼ 23.3% |
| Non-recurring operating charges66A | €0 | - | - | - | - |
| Gross operating margin9900 | €81k | €57k | €136k | €97k | ▼ 28.5% |
| Operating profit (loss)9901 | €-33k | €-57k | €48k | €22k | ▼ 54.5% |
| Financial charges65/66B | €3k | €3k | €5k | €4k | ▼ 28.1% |
| Recurring financial charges65 | €3k | €3k | €5k | €4k | ▼ 28.1% |
| Profit (loss) for the period before taxes9903 | €-37k | €-60k | €43k | €18k | ▼ 57.7% |
| Income taxes67/77 | €253 | €331 | €291 | €271 | ▼ 6.8% |
| Profit (loss) for the period9904 | €-37k | €-61k | €42k | €18k | ▼ 58.1% |
| Profit (loss) for the period to be appropriated9905 | €-37k | €-61k | €42k | €18k | ▼ 58.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €160k | €129k | €127k | €99k | ▼ 22.5% |
| Fixed assets21/28 | €137k | €112k | €97k | €61k | ▼ 37.1% |
| Tangible fixed assets22/27 | €124k | €99k | €84k | €61k | ▼ 27.5% |
| Plant, machinery and equipment23 | €33k | €25k | €14k | €8k | ▼ 44.9% |
| Furniture and vehicles24 | €32k | €24k | €17k | €9k | ▼ 46.0% |
| Leasing and similar rights25 | - | - | €10k | €9k | ▼ 10.2% |
| Other tangible fixed assets26 | €59k | €51k | €44k | €36k | ▼ 18.6% |
| Financial fixed assets28 | €13k | €13k | €13k | €0 | ▼ 100% |
| Current assets29/58 | €23k | €17k | €30k | €38k | ▲ 24.8% |
| Stocks and contracts in progress3 | €8k | €6k | €8k | €9k | ▲ 8.5% |
| Stocks30/36 | €8k | €6k | €8k | €9k | ▲ 8.5% |
| Amounts receivable within one year40/41 | €2k | €2k | €11k | €5k | ▼ 55.3% |
| Trade receivables40 | - | - | €7k | €0 | ▼ 100% |
| Other amounts receivable41 | €2k | €2k | €4k | €5k | ▲ 22.7% |
| Cash at bank and in hand54/58 | €13k | €7k | €9k | €22k | ▲ 143% |
| Deferred charges and accrued income490/1 | €63 | €2k | €2k | €2k | ▲ 4.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €160k | €129k | €127k | €99k | ▼ 22.5% |
| Equity10/15 | €21k | €-39k | €3k | €21k | ▲ 597% |
| Contributions10/11 | €6k | €7k | €7k | €7k | = |
| Reserves13 | €26k | €25k | €25k | €25k | = |
| Non-distributable reserves130/1 | €600 | €0 | - | - | - |
| Reserves not available under the articles1311 | €600 | €0 | - | - | - |
| Tax-exempt reserves132 | €25k | €25k | €25k | €25k | = |
| Distributable reserves133 | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €-10k | €-71k | €-29k | €-11k | ▲ 62.2% |
| Amounts payable17/49 | €139k | €168k | €124k | €78k | ▼ 37.3% |
| Amounts payable after more than one year17 | €79k | €65k | €59k | €35k | ▼ 40.4% |
| Financial debts170/4 | €79k | €65k | €59k | €35k | ▼ 40.4% |
| Amounts payable within one year42/48 | €60k | €104k | €65k | €43k | ▼ 34.4% |
| Current portion of amounts payable after more than one year42 | €16k | €14k | €15k | €11k | ▼ 25.2% |
| Financial debts43 | - | - | - | €507 | - |
| Credit institutions430/8 | - | - | - | €507 | - |
| Trade debts44 | €16k | €58k | €22k | €14k | ▼ 36.2% |
| Suppliers440/4 | €16k | €58k | €22k | €14k | ▼ 36.2% |
| Taxes, remuneration and social security45 | €28k | €31k | €15k | €17k | ▲ 15.7% |
| Taxes450/3 | €3k | €7k | €1k | €1k | ▼ 20.2% |
| Remuneration and social security454/9 | €25k | €24k | €13k | €16k | ▲ 19.5% |
| Other amounts payable47/48 | €115 | €115 | €14k | €189 | ▼ 98.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-37k | €-61k | €42k | €18k | ▼ 58.1% |
| + Depreciation and write-downs630 | €29k | €26k | €26k | €27k | ▲ 4.7% |
| Operating cash flow (approximation) | €-8k | €-34k | €69k | €45k | ▼ 34.1% |
| Investment in fixed assets (approximation) | - | €-1k | €-11k | €9k | ▲ 176% |
| Change in cash | - | €-6k | €2k | €13k | ▲ 663% |
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
2026
21-08
State Gazette act
Appointment: Merel Vleugels (director)Resignations: Nancy Verwimp (director) and Emiel Wuyts (director) · Registered-office move5 facts ▸
State Gazette act
Appointment: Merel Vleugels (director)
Resignations: Nancy Verwimp (director) and Emiel Wuyts (director) · Registered-office move5 facts ▸
- General meeting, 03-08-2026
- Registered-office move, Grote Markt(HRT) 11, 2200 Herentals
- Director appointment, Merel Vleugels (director)
- Director resignation, Nancy Verwimp (director)
- Director resignation, Emiel Wuyts (director)
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 director, last change in 2026
Merel Vleugels
CurrentDirector · since 01-08-2026
01-08-2026
Merel Vleugels: Appointed as Director
01-08-2026
Emiel Wuyts: Resigned as Director
01-08-2026
Nancy Verwimp: Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2021
Ground area
141 m²
Building footprint
141 m²
Volume, LiDAR
1,263 m³
Parcel 13011F0377/00D000, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Roxy
since 20212.314.521.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011F0377/00D000 | Flanders | 141 m² | 1 · 141 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerentals2.314.521.057
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,888. 4,000 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
47210Retail sale of fruit and vegetables
47252Retail sale of beverages, general range
47260Retail trade
47621Retail sale of newspapers and periodicals
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.