Financials
- Fiscal year
- 2024
- Turnover
- €135,467
- Profit
- €15,337
- Solvency
- 65.3%
Turnover▲ 2.4%
Net result
20182024
MILANO
ActiveSummary
The computed 12-month bankruptcy probability of MILANO is 6.7% (elevated). The 2024 annual accounts show equity of €35,304 and a net result of €15,337. Equity is growing by ~89.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
2 sites
Size
€135,467turnover 2024
- Equity
- €35,304
- Profit
- €15,337
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 226 days late; 2 of the last 3 late- Figures for FY 2024 (filed 16-03-2026)- Size: turnover €135,467, total assets €54,059+ Liquidity: current ratio 3.47, cash €18,940Show the evidence
Checked score
Score 2024
39
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 78% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency
90+15
equity 65.3% of total assets
Liquidity
83+6
short-term debt 27.5% · cash 35.0%
Profitability
90+5
return on assets 28.4%
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.5%
12-2024: 2.5%● unchanged vs 11-2024
01-2025: 2.6%▲ +0.1 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025
04-2025: 2.6%● unchanged vs 03-2025
05-2025: 2.6%● unchanged vs 04-2025
06-2025: 2.3%▼ -0.3 percentage points vs 05-2025lowest value
07-2025: 2.3%● unchanged vs 06-2025
08-2025: 2.9%▲ +0.6 percentage points vs 07-2025
09-2025: 3.2%▲ +0.3 percentage points vs 08-2025
10-2025: 4.9%▲ +1.7 percentage points vs 09-2025
11-2025: 5.0%▲ +0.1 percentage points vs 10-2025
12-2025: 6.2%▲ +1.2 percentage points vs 11-2025
01-2026: 7.8%▲ +1.6 percentage points vs 12-2025
02-2026: 7.8%● unchanged vs 01-2026
03-2026: 7.9%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 3.3%▼ -4.6 percentage points vs 03-2026
05-2026: 3.3%● unchanged vs 04-2026
06-2026: 2.9%▼ -0.4 percentage points vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 3.6%▲ +0.7 percentage points vs 07-2026
09-2026: 4.3%▲ +0.7 percentage points vs 08-2026
10-2026: 6.7%▲ +2.4 percentage points vs 09-2026
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.47 against 3.11 in 2023; short-term debt: 27.5% and cash: 35% of total assets), and 34.7% of the assets are financed with debt.
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 56, micro): better than 80% on solvency, 85% on liquidity, 79% on profitability and 69% on growth.
The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-03-2026, 226 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
226 days late
2023
66 days late
2022
22 days late
2021
49 days late
2020
22 days late
2019
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 63 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €15,337 ▲48%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2019
- 22-08-2023Annual accounts filed
- 31-12-2022Liquidity doubles
- 18-09-2022Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 24-10-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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