MIL BUSINESS

Active

Private limited company (pre-2019)founded 2017active for 9 yearsLouizalaan 209A, 1050 Elsene, Belgium274 active companies are registered at this addressKBO/BCE: BE 0675.483.056

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MIL BUSINESS is 4.7% (elevated). The 2025 annual accounts show equity of €185,122 and a net result of €11,428. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 29% of 13,692 sector peers (NACE 46, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

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MIL BUSINESSActiveChecked score 38/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 05-05-2017 Normal situation
Legal form: Private limited company (pre-2019)
Registered office: Louizalaan 209A, 1050 Elsene
Activity: Agents in non-specialised wholesale trade NACE 46190and 3 others
Establishment unit: 2.337.473.534 1000 Brussel, since 05-05-2017
Financial year end: 31 December
Peppol: Reachable since 16-12-2025

Company details

Who decides

Board

LOTFI MOHAMEDDirector · since 01-07-2019

Board & ownership

How it is doing

38 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 4.7%

Annual accounts 2025

Gross margin: €262,805; ▲ 61.2%
Turnover: ≈ €1.3m; estimated
Profit: €11,428; ▼ 73.1%
Equity: €185,122; ▲ 6.6%
Total assets: €1.4m; ▼ 33.6%
Staff: ≈ 0.8 FTE; estimated

2025 accounts filed 82 days late

Filed on 21-10-2026at the National Bank

Financials

Why 38raises riskLiquidity: current ratio 1.22, cash €720, halvedLast filed accounts filed 82 days late; 3 of the last 3 late1 change of registered office in 24 monthslowers riskSize: total assets €1.4mShow the evidence

Checked score

Score 2025

38 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 37% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 38+5

equity 13.1% of total assets

Liquidity 9-4

short-term debt 75.6% · cash 0.1%

Profitability 70-1

return on assets 0.8%

Bankruptcy probability, 12 months

4.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)

Last 24 months 11-2024: 7.7% 12-2024: 8.6%▲ +0.9 percentage points vs 11-2024 01-2025: 3.3%▼ -5.3 percentage points vs 12-2024lowest value 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.7%▲ +0.4 percentage points vs 02-2025 04-2025: 3.7%● unchanged vs 03-2025 05-2025: 6.4%▲ +2.7 percentage points vs 04-2025 06-2025: 6.5%▲ +0.1 percentage points vs 05-2025 07-2025: 5.5%▼ -1.0 percentage point vs 06-2025 08-2025: 6.4%▲ +0.9 percentage points vs 07-2025 09-2025: 7.4%▲ +1.0 percentage point vs 08-2025 10-2025: 11.6%▲ +4.2 percentage points vs 09-2025 11-2025: 11.7%▲ +0.1 percentage points vs 10-2025 12-2025: 12.5%▲ +0.8 percentage points vs 11-2025 01-2026: 13.8%▲ +1.3 percentage points vs 12-2025highest value 02-2026: 13.8%● unchanged vs 01-2026highest value 03-2026: 5.2%▼ -8.6 percentage points vs 02-2026 04-2026: 5.5%▲ +0.3 percentage points vs 03-2026 05-2026: 5.9%▲ +0.4 percentage points vs 04-2026 06-2026: 6.4%▲ +0.5 percentage points vs 05-2026 07-2026: 6.1%▼ -0.3 percentage points vs 06-2026 08-2026: 6.9%▲ +0.8 percentage points vs 07-2026 09-2026: 8.0%▲ +1.1 percentage points vs 08-2026 10-2026: 4.7%▼ -3.3 percentage points vs 09-2026

Credit of up to €7,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.22, compared with 1.38 in 2024, below the usual 1.5; short-term debt: 75.6% and cash: 0.1% of total assets), and 86.9% 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 46, micro): better than 26% on solvency, 11% on liquidity, 53% on profitability and 58% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskraises risk

Liquidity: current ratio 1.22, cash €720, halved

NBB · annual accounts

Last filed accounts filed 82 days late; 3 of the last 3 late

NBB · filings

1 change of registered office in 24 months

Belgian Official Gazette

Size: total assets €1.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 82 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-10-2026, 82 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 · 8 filings

Deviation from the deadline

2025

82 days late

2024

194 days late

2023

131 days late

2022

186 days late

2021

83 days late

2020

89 days late

2019

53 days 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 117 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 10 December (4 of the last 5 filed years within 54 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Among the largest 5% on gross marginsector median €28,660 · 13,665 companies €262,805 View
Positive: 8 profitable years in a rowprofit 2025: €11,428 8 years View

Documents

Key facts about MIL BUSINESS

What is the company number of MIL BUSINESS?: 0675.483.056. In Belgium the VAT number is the company number with BE in front: BE 0675.483.056.
Where is MIL BUSINESS based?: The registered office is at Louizalaan 209A, 1050 Elsene.Company details
What does MIL BUSINESS do?: According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of MIL BUSINESS?: Private limited company (pre-2019) (BVBA).
When was MIL BUSINESS founded?: On 05-05-2017.
Is MIL BUSINESS still active?: Yes, MIL BUSINESS is an active enterprise in the KBO register.
How many employees does MIL BUSINESS have?: On average 1.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of MIL BUSINESS?: ≈ €1.3m in financial year 2025. Estimated from the gross margin of €262,805: probably between €830,000 and €2.3m, based on 162 comparable companies, NACE 46.
Is MIL BUSINESS profitable?: In financial year 2025, MIL BUSINESS made a profit of €11,428.
Where can I find the annual accounts of MIL BUSINESS?: MIL BUSINESS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MIL BUSINESS due?: By 31-07-2027, for financial year 2026.Timeline

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Overview