MILA
ActiveMILA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.51M and a net result of €448k. Equity is growing by ~36% per year across the filed fiscal years. Its solvency ranks better than 68% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency98=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.32 in 2024), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.4%
Return on assets
10.6%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
4 d late
2023
on the day
2022
on the day
2021
4 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.51M▲ 13.4%
2024 · €2.21M
2019: €457k
2020: €594k
2021: €808k
2022: €1.16M
2023: €1.56M
2024: €2.21M
2019 → 2025
Total assets
€4.22M▲ 10.1%
2024 · €3.84M
2019: €1.61M
2020: €1.52M
2021: €1.76M
2022: €2.24M
2023: €2.72M
2024: €3.84M
2019 → 2025
Net result
€448k▼ 31.2%
2024 · €651k
2019: €251k
2020: €392k
2021: €365k
2022: €454k
2023: €481k
2024: €651k
2019 → 2025
Working capital
€2.49M▲ 16.2%
2024 · €2.14M
2019: €381k
2020: €532k
2021: €745k
2022: €1.08M
2023: €1.48M
2024: €2.14M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€808k-€1.16M▲ 43.9%€1.56M▲ 34.4%€2.21M▲ 41.7%€2.51M▲ 13.4%
Operating result€578k-€704k▲ 21.8%€740k▲ 5.2%€880k▲ 18.8%€588k▼ 33.2%
Net result€365k-€454k▲ 24.6%€481k▲ 5.8%€651k▲ 35.3%€448k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.22M
Fixed assets
€119k▲ 60.7%
Current assets
€4.10M▲ 9.1%
Equity and liabilities €4.22M
Equity
€2.51M▲ 13.4%
Debt
€1.71M▲ 5.4%
The debt ratio falls from 42.3% to 40.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€608k▼
2024 · €902k
Cash flow
€468k▼
2024 · €673k
Solvency
59.4%▲
2024 · 57.7%
Current ratio
2.54▲
2024 · 2.32
Quick ratio
2.54▲
2024 · 2.32
Debt / equity
0.68▼
2024 · 0.73
ROE
17.8%▼
2024 · 29.4%
ROA
10.6%▼
2024 · 17.0%
Interest coverage
8.95▼
2024 · 14.42
Debt
€1.71M▲
2024 · €1.62M
Debt ≤ 1 year
€1.61M▼
2024 · €1.62M
Debt > 1 year
€42k
Income taxes
€205k▼
2024 · €263k
Staff costs
€185k▲
2024 · €136k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.84M€4.22M▲
Fixed assets21/28€74k€119k▲
Tangible fixed assets22/27€74k€119k▲
Land and buildings22€24k€20k▼
Plant, machinery and equipment23€10k€32k▲
Furniture and vehicles24€40k€67k▲
Current assets29/58€3.76M€4.10M▲
Amounts receivable within one year40/41€1.89M€2.04M▲
Trade receivables40€1.60M€1.61M▲
Other amounts receivable41€295k€435k▲
Current investments50/53€750k-
Cash at bank and in hand54/58€1.11M€2.05M▲
Deferred charges and accrued income490/1€12k€8k▼
Equity and liabilities
Total equity and liabilities10/49€3.84M€4.22M▲
Equity10/15€2.21M€2.51M▲
Contributions10/11€19k€19k=
Reserves13€1.67M€1.94M▲
Distributable reserves133€1.67M€1.94M▲
Profit (loss) carried forward14€521k€549k▲
Amounts payable17/49€1.62M€1.71M▲
Amounts payable after more than one year17-€42k
Financial debts170/4-€42k
Amounts payable within one year42/48€1.62M€1.61M▼
Current portion of amounts payable after more than one year42-€11k
Trade debts44€612k€678k▲
Suppliers440/4€612k€678k▲
Advances received on contracts in progress46€204k-
Taxes, remuneration and social security45€102k€45k▼
Taxes450/3€95k€19k▼
Remuneration and social security454/9€7k€26k▲
Other amounts payable47/48€702k€880k▲
Accrued charges and deferred income492/3€4k€57k▲
Income statement
Code20242025
Remuneration, social security and pensions62€136k€185k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€44k€-44k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€1.09M€759k▼
Operating profit (loss)9901€880k€588k▼
Financial income75/76B€97k€138k▲
Recurring financial income75€97k€138k▲
Financial charges65/66B€63k€73k▲
Recurring financial charges65€63k€68k▲
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€914k€653k▼
Income taxes67/77€263k€205k▼
Profit (loss) for the period9904€651k€448k▼
Profit (loss) for the period to be appropriated9905€651k€448k▼
Appropriation of the result
Profit (loss) to be appropriated9906€846k€969k▲
Profit (loss) brought forward from the previous period14P€195k€521k▲
Transfer to equity691/2€325k€270k▼
To other reserves6921€325k€270k▼
Profit to be distributed694/7-€150k
Return on contributions (dividend)694-€150k
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
30-06
Financial
Highest result since 2019net €651k ▲35.3%
Operating result €880k, net result €651k, both a record.
30-06
Financial
Equity above €2MEq €2.21M ▲41.7%
6 profitable years in a row build equity to €2.21M.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €1MEq €1.16M ▲43.9%
4 profitable years in a row build equity to €1.16M.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €500kEq €594k ▲29.9%
2 profitable years in a row build equity to €594k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baron Ruzettelaan 1338310 BruggeGround area
5,286 m²
Building footprint
374 m²
Volume, LiDAR
2,821 m³
2 parcels, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Geervelde 6, 8310 Brugge
since 20012.031.914.131
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0099/00P002 | Flanders | 5,126 m² | 1 · 305 m² | 16.1 m · 3 fl. |
| 31002A0216/00M004 | Flanders | 160 m² | 1 · 69 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMEMO
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SEGAERT AFSLUITINGEN
BE 0416.405.459
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NAPATEC
BE 0479.575.126
Zele · Eq €2.49M
FRANGEMA STAAL
BE 0557.926.578
Geel · Eq €2.48M
Valateam
BE 0463.937.241
Oudenaarde · Eq €2.48M
Of 15,434 companies in sector 43990 we hold annual accounts for 7,354. 1,735 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-1987
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.