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Mila

Active
Private limited companyfounded 20242 yrs activeDorpsstraat 42 A, 8490 Jabbeke, BelgiumKBO/BCE: BE 1006.180.208
Summary

Mila has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€15,312) and a net result of -€18,312. Its solvency ranks better than 16% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes
Profitability13
Solvency21
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04; short-term debt: 27.1% and cash: 1.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-4%
Return on assets
-4.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 28 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 February 2024, Mila was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€15,312
Total assets
€387,629
Net result
-€18,312
Working capital
-€100,488

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €387,629
Fixed assets €383,088
Current assets €4,541
Key figures and ratios
2024 value
EBITDA
-€5,827
Cash flow
-€12,860
Solvency
-4.0%
Current ratio
0.04
Debt to equity
-26.31
ROA
-4.7%
Interest coverage
-0.83
Debt
€402,941
Debt ≤ 1 year
€105,029
Debt > 1 year
€297,912

Peer companies

Historical observation

Of the 1,554 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.1% went bankrupt
3.5% stopped otherwise
91% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,554 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 28 lines
Balance sheet Code2024
Assets
Total assets20/58€387,629
Fixed assets21/28€383,088
Tangible fixed assets22/27€383,088
Land and buildings22€383,088
Current assets29/58€4,541
Cash at bank and in hand54/58€4,541
Equity and liabilities
Total equity and liabilities10/49€387,629
Equity10/15-€15,312
Contributions10/11€3,000
Profit (loss) carried forward14-€18,312
Amounts payable17/49€402,941
Amounts payable after more than one year17€297,912
Financial debts170/4€297,912
Amounts payable within one year42/48€105,029
Current portion of amounts payable after more than one year42€17,276
Trade debts44€214
Suppliers440/4€214
Other amounts payable47/48€87,540
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,452
Other operating charges640/8€16,164
Gross operating margin9900€10,337
Operating profit (loss)9901-€11,279
Financial charges65/66B€7,034
Recurring financial charges65€7,034
Profit (loss) for the period before taxes9903-€18,312
Profit (loss) for the period9904-€18,312
Profit (loss) for the period to be appropriated9905-€18,312
Appropriation of the result
Profit (loss) to be appropriated9906-€18,312

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,452
Other operating charges640/8€16,164
Gross operating margin9900€10,337
Operating profit (loss)9901-€11,279
Financial charges65/66B€7,034
Recurring financial charges65€7,034
Profit (loss) for the period before taxes9903-€18,312
Profit (loss) for the period9904-€18,312
Profit (loss) for the period to be appropriated9905-€18,312
Line2024
Assets
Total assets20/58€387,629
Fixed assets21/28€383,088
Tangible fixed assets22/27€383,088
Land and buildings22€383,088
Current assets29/58€4,541
Cash at bank and in hand54/58€4,541
Equity and liabilities
Total equity and liabilities10/49€387,629
Equity10/15-€15,312
Contributions10/11€3,000
Profit (loss) carried forward14-€18,312
Amounts payable17/49€402,941
Amounts payable after more than one year17€297,912
Financial debts170/4€297,912
Amounts payable within one year42/48€105,029
Current portion of amounts payable after more than one year42€17,276
Trade debts44€214
Suppliers440/4€214
Other amounts payable47/48€87,540
Line2024
Profit (loss) for the period9904-€18,312
+ Depreciation and write-downs630€5,452
Operating cash flow (approximation)-€12,860

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Jabbeke
approximate (street level) On OpenStreetMap
Ground area
438 m²
Building footprint
201 m²
Volume, LiDAR
1,002 m³
Parcel 31012A0924/00E000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31012A0924/00E000indicative Flanders 438 m² 1 · 201 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,042 companies in sector 68203 we hold annual accounts for 5,995. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006180208
Also 9925:BE1006180208
Registered 31-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.