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GRONDWERKEN JOHAN MILLON

Active
Private limited companyfounded 2008active for 18 yearsKlein Spekstraat 1, 3020 Herent, BelgiumKBO/BCE: BE 0895.306.139
Summary

GRONDWERKEN JOHAN MILLON has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of €634,138. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 77% of 2,435 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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GRONDWERKEN JOHAN MILLONActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Site preparation
NACE 43120
2nd largest company by total assets in Herent, Construction sector2 sites
Size
€14.3mturnover 2025
Staff
23.2 FTE
Equity
€6.2m
Profit
€634,138
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
2025 accounts 4 days early2 deeds in the Belgian Official Gazette
Why 96lowers riskFounded in 2008Size: turnover €14.3m, 23.2 FTE, total assets €9.3mEquity €6.2m (66.1% of total assets)Liquidity: current ratio 2.17, cash €1.4mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 91=
equity 66.1% of total assets
Liquidity 55+3
short-term debt 33.3% · cash 15.3%
Profitability 73-1
return on assets 6.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024highest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.17, compared with 2.13 in 2024, above the usual 1.5; short-term debt: 33.3% and cash: 15.3% of total assets), and 33.9% 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 43, small): better than 84% on solvency, 68% on liquidity, 50% on profitability and 72% on growth.

The bankruptcy probability was computed on 26-10-2026 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 riskneutral
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €14.3m, 23.2 FTE, total assets €9.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €6.2m (66.1% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.17, cash €1.4m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
1 day early
2023
2 days early
2022
on the day
2021
4 days early
2020
2 days early
2019
on the day
← 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 2 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Equity above €5mequity €5.5m ▲11.4%

Key points

  • Positive: 2nd largest company by total assets in Herent, Construction sectorin the Checked rankings No. 2 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €634,138 7 years View
  • Flemish supportawarded from 2022 to 2025 €51,949 View

By topic

Financials

Financial year
2025
Turnover
€14.3m
Profit
€634,138
Solvency
66.1%
Turnover▲ 17.0%
Net result
20242025
Go to Financials

Timeline

Events
19
Since
2010
Next accounts
by 31-01-2027
  1. 29-01-2024Annual accounts filed
  2. 30-06-2023Highest result from 2019 to 2025
  3. 31-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Site preparationNACE 43120
Founded
16-01-2008
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GRONDWERKEN JOHAN MILLON

What is the company number of GRONDWERKEN JOHAN MILLON?
0895.306.139. In Belgium the VAT number is the company number with BE in front: BE 0895.306.139.
Where is GRONDWERKEN JOHAN MILLON based?
The registered office is at Klein Spekstraat 1, 3020 Herent.Company details
What does GRONDWERKEN JOHAN MILLON do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of GRONDWERKEN JOHAN MILLON?
Private limited company (BV).
When was GRONDWERKEN JOHAN MILLON founded?
On 16-01-2008.
Is GRONDWERKEN JOHAN MILLON still active?
Yes, GRONDWERKEN JOHAN MILLON is an active enterprise in the KBO register.
How many employees does GRONDWERKEN JOHAN MILLON have?
On average 23.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GRONDWERKEN JOHAN MILLON?
€14.3m in financial year 2025, according to the filed annual accounts.
Is GRONDWERKEN JOHAN MILLON profitable?
In financial year 2025, GRONDWERKEN JOHAN MILLON made a profit of €634,138.
Where can I find the annual accounts of GRONDWERKEN JOHAN MILLON?
GRONDWERKEN JOHAN MILLON filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GRONDWERKEN JOHAN MILLON due?
By 31-01-2027, for financial year 2026.Timeline

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