MiL Construct
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €420,000. Estimated: probably between €260,000 and €580,000.
Balance sheet
balance sheet total €257,266 on 31-12-2025in euro
in euro
Position in the sector
81.8%
Higher than 87% of 35,136 companies in 2025.
5.03
Higher than 85% of 34,510 companies in 2025.
25.3%
Higher than 83% of 34,711 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
257,266 | 196,242 | 125,845 | 101,251 | 70,136 | |
21/28 |
21,834 | 29,308 | 32,351 | 39,487 | 30,182 | |
21 |
180 | 498 | 816 | 1,133 | 1,451 | |
22/27 |
21,654 | 28,810 | 31,536 | 38,354 | 28,731 | |
23 |
13,135 | 12,484 | 3,843 | 3,364 | - | |
24 |
8,520 | 16,326 | 27,693 | 34,989 | 28,731 | |
29/58 |
235,431 | 166,933 | 93,494 | 61,764 | 39,954 | |
40/41 |
185,548 | 129,369 | 81,766 | 43,122 | 15,847 | |
40 |
22,072 | 19,689 | 47,596 | 29,810 | 11,906 | |
41 |
163,476 | 109,680 | 34,170 | 13,312 | 3,941 | |
54/58 |
49,740 | 37,541 | 11,706 | 18,473 | 24,107 | |
490/1 |
143 | 23 | 22 | 169 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
257,266 | 196,242 | 125,845 | 101,251 | 70,136 | |
10/15 |
210,441 | 145,355 | 96,773 | 64,509 | 39,102 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
200,441 | 135,355 | 86,773 | 54,509 | 29,102 | |
17/49 |
46,825 | 50,887 | 29,072 | 36,742 | 31,034 | |
42/48 |
46,825 | 50,887 | 29,072 | 36,742 | 31,034 | |
42 |
12,020 | - | - | - | - | |
44 |
6,038 | 8,569 | 3,355 | 8,740 | 15,991 | |
440/4 |
6,038 | 8,569 | 3,355 | 8,740 | 15,991 | |
45 |
28,767 | 42,318 | 25,717 | 28,002 | 12,629 | |
450/3 |
26,075 | 40,677 | 25,615 | 26,442 | 8,547 | |
454/9 |
2,693 | 1,640 | 103 | 1,560 | 4,082 | |
47/48 |
- | - | - | - | 2,414 | |
| Income statement | ||||||
9900 |
98,998 | 74,843 | 56,602 | 44,683 | 37,607 | |
62 |
3,281 | 2,250 | 2,515 | 2,196 | 306 | |
630 |
13,821 | 13,842 | 11,891 | 9,453 | 605 | |
640/8 |
1,047 | 209 | 417 | 599 | - | |
9901 |
80,849 | 58,542 | 41,780 | 32,436 | 36,696 | |
75/76B |
9,395 | 4,257 | 1,225 | - | - | |
75 |
9,395 | 4,257 | 1,225 | - | - | |
65/66B |
1,176 | 7 | 1,597 | 368 | 1 | |
65 |
1,176 | 7 | 1,597 | 368 | 1 | |
9903 |
89,068 | 62,792 | 41,409 | 32,067 | 36,695 | |
67/77 |
23,982 | 14,211 | 9,145 | 6,660 | 7,593 | |
9904 |
65,086 | 48,581 | 32,264 | 25,407 | 29,102 | |
9905 |
65,086 | 48,581 | 32,264 | 25,407 | 29,102 | |
| Appropriation of the result | ||||||
9906 |
200,441 | 135,355 | 86,773 | 54,509 | 29,102 | |
14P |
135,355 | 86,773 | 54,509 | 29,102 | - | |
| Document | ||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00355215 | |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00384665 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00330032 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00378399 | |
| 31-12-2021 | micro format | 11-01-2023 | 2023-20556799 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 94,670 | 72,384 | 53,671 | 41,888 | 37,301 | ||
| 78,907 | 62,424 | 44,155 | 34,860 | 29,707 | ||
| 6,347 | 10,799 | 4,755 | 18,758 | 30,787 | ||
| 12,199 | 25,835 | -6,767 | -5,634 | - | ||
| 188,606 | 116,046 | 64,422 | 25,022 | 8,920 | ||
| 81.8% | 74.1% | 76.9% | 63.7% | 55.8% | ||
| 5.03 | 3.28 | 3.22 | 1.68 | 1.29 | ||
| 0.22 | 0.35 | 0.30 | 0.57 | 0.79 | ||
| 30.9% | 33.4% | 33.3% | 39.4% | 74.4% | ||
| 25.3% | 24.8% | 25.6% | 25.1% | 41.5% | ||
| 80.53 | over 100 | 33.61 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,347 | €10,799 | €4,755 | €18,758 | €29,198 |
| Intangible fixed assets | - | - | - | - | €1,589 |
| €13,821 | €13,842 | €11,891 | €9,453 | €605 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MiL Construct
The operating result for 2025 is 38% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 25.9% to 18.2%. Equity is higher and debt is lower.