Herman Van Mileghem
ActiveSummary
Herman Van Mileghem has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €666,698 and a net result of €132,561. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 72% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 18-04-2008 Normal situation
- Activity
- Joinery installation NACE 43320and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.171.370.635 1860 Meise, since 18-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Board and ownership
- Arno Van MileghemDirector
- Lathouwers HildeDirector
- Van Mileghem HermanDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €487,507
- ▼ 7.6%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €132,561
- ▼ 29.6%
- Equity
- €666,698
- ▲ 7.0%
- Total assets
- €1.1m
- ▲ 7.2%
- Employees on 31-12-2025
- 3
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.66, cash €742,802Equity €666,698 (62.9% of total assets)Founded in 2008Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 69% of them on solvency, 84% on liquidity, 68% on profitability and 50% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 9th largest company by equity in Meise, Construction sectorin the Checked rankings No. 9 View
- Positive: 8 profitable years in a rowprofit 2025: €132,561 8 years View
- Caution: Result fell in 2025from €188,343 to €132,561 ▼ 29.6% View
- New directorlatest change 01-07-2026 · 3 in office 1 joined View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Appointment: Arno Van Mileghem (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Herman Van Mileghem: joinery installation (NACE 43320). They are comparable in size and age: total assets between €932,000 and €1.1m, founded between 2006 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| Herman Van Mileghem Meise | €1.1m | €0.5m |
| DE COSTER P Grobbendonk | €1.0m | €0.6m |
| HORPIROL Tielt | €1.0m | €0.5m |
| VEEP Namur | €1.1m | €0.4m |
| METALOX Beveren-Kruibeke-Zwijndrecht | €1.0m | €0.4m |
| HUYSAFWERKING HUYSKENS Kapellen | €0.9m | €0.4m |
| RUYSSCHAERT BRUGGE Brugge | €1.1m | €0.4m |
Key facts about Herman Van Mileghem
- What is the company number of Herman Van Mileghem?
- The company number of Herman Van Mileghem is 0897.378.969. The VAT number is the same number with BE in front: BE 0897.378.969.
- Where is Herman Van Mileghem based?
- The registered office is at Nieuwelaan 17, 1860 Meise.Company details
- What does Herman Van Mileghem do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Herman Van Mileghem?
- The legal form of Herman Van Mileghem is Private limited company (BV).
- When was Herman Van Mileghem founded?
- Herman Van Mileghem was founded on 18-04-2008.
- Is Herman Van Mileghem still active?
- Yes, Herman Van Mileghem is an active enterprise in the KBO register.
- How many employees does Herman Van Mileghem have?
- Herman Van Mileghem had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Herman Van Mileghem fall under?
- In its 2025 annual accounts, Herman Van Mileghem states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of Herman Van Mileghem?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €487,507 and 40 comparable companies (NACE 433). It probably lies between €1.1m and €1.8m.
- Is Herman Van Mileghem profitable?
- In financial year 2025, Herman Van Mileghem made a profit of €132,561.
- Where can I find the annual accounts of Herman Van Mileghem?
- Herman Van Mileghem filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Herman Van Mileghem due?
- Herman Van Mileghem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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