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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
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 13,642 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.

Risk analysisFollow ReportCompare
MIL BUSINESSActiveChecked score 38/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Warehousing and storage NACE 52100
1 site
Size
€1.4mtotal assets 2025
Equity
€185,122
Profit
€11,428
Financial health
38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.7%
Structure
2025 accounts filed 82 days late3 of 6 deeds summarised
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% (26,881 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 27-10-2026 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
raises risk · Liquidity: current ratio 1.22, cash €720, halved
NBB · annual accounts
raises risk · Last filed accounts filed 82 days late; 3 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · 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
raises risk · 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)
neutral · 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
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Registered officeRegistered-office move

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 82 days View
  • Among the largest 5% on gross marginsector median €28,660 · 13,616 companies €262,805 View
  • Positive: 8 profitable years in a rowprofit 2025: €11,428 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€11,428
Solvency
13.1%
Total assets▼ 33.6%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2019
Next accounts
by 31-07-2027
  1. 15-01-2025Capital & shares · Resignations & appointments
  2. 31-12-2024Highest result from 2018 to 2025
  3. 31-12-2024Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
05-05-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
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.
When are the next annual accounts of MIL BUSINESS due?
By 31-07-2027, for financial year 2026.Timeline

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