MILARID
ActiveSummary
MILARID has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency13▲+13
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89; short-term debt: 112.5% and cash: 100% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-12.5%
Return on assets
91.8%
Age of the figures
18 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 14128 sector peers (2025).
NBB · sector comparisonPosition among 14128 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
30 d late
2021
29 d late
2020
30 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k▲ 88.0%
2024 · €-22k
2019: €26k
2020: €29k▲ +9.1% vs 2019
2021: €38k▲ +32.0% vs 2020highest in 7 years
2022: €-17k▼ -146% vs 2021
2023: €-21k▼ -19.4% vs 2022
2024: €-22k▼ -4.4% vs 2023lowest in 7 years
2025: €-3k▲ +88.0% vs 2024
2019 → 2025
Total assets
€21k▲ 1,116%
2024 · €2k
2019: €704khighest in 7 years
2020: €449k▼ -36.2% vs 2019
2021: €172k▼ -61.7% vs 2020
2022: €77k▼ -55.5% vs 2021
2023: €3k▼ -95.8% vs 2022
2024: €2k▼ -47.1% vs 2023lowest in 7 years
2025: €21k▲ +1116% vs 2024
2019 → 2025
Net result
€19k
2024 · €-906
2019: €907
2020: €2k▲ +166% vs 2019
2021: €9k▲ +283% vs 2020
2022: €-56k▼ -701% vs 2021lowest in 7 years
2023: €-3k▲ +93.9% vs 2022
2024: €-906▲ +73.2% vs 2023
2025: €19k▲ +2212% vs 2024highest in 7 years
2019 → 2025
Working capital
€-3k▲ 88.0%
2024 · €-22k
2019: €26k
2020: €29k▲ +9.1% vs 2019
2021: €38k▲ +32.0% vs 2020highest in 7 years
2022: €-17k▼ -146% vs 2021
2023: €-21k▼ -19.4% vs 2022
2024: €-22k▼ -4.4% vs 2023lowest in 7 years
2025: €-3k▲ +88.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€-17k€-21k▼ 19.4%€-22k▼ 4.4%€-3k▲ 88.0%
2021: €38khighest in 5 years
2022: €-17k▼ -146% vs 2021
2023: €-21k▼ -19.4% vs 2022
2024: €-22k▼ -4.4% vs 2023lowest in 5 years
2025: €-3k▲ +88.0% vs 2024
Operating result€13k-€-55k€-3k▲ 94.2%€-516▲ 83.9%€19k
2021: €13k
2022: €-55k▼ -532% vs 2021lowest in 5 years
2023: €-3k▲ +94.2% vs 2022
2024: €-516▲ +83.9% vs 2023
2025: €19k▲ +3867% vs 2024highest in 5 years
Net result€9k-€-56k€-3k▲ 93.9%€-906▲ 73.2%€19k
2021: €9k
2022: €-56k▼ -701% vs 2021lowest in 5 years
2023: €-3k▲ +93.9% vs 2022
2024: €-906▲ +73.2% vs 2023
2025: €19k▲ +2212% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19k after a loss of €516 in 2024, the highest result in the available series.
Key figures and ratios
Solvency
-12.5%
Current ratio
0.89
Debt to equity
-9.02
ROA
91.8%
Debt
€23k=
2024 · €23k
Debt ≤ 1 year
€23k=
2024 · €23k
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2k€21k▲
Current assets29/58€2k€21k▲
Cash at bank and in hand54/58€2k€21k▲
Equity and liabilities
Total equity and liabilities10/49€2k€21k▲
Equity10/15€-22k€-3k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Profit (loss) carried forward14€-42k€-23k▲
Amounts payable17/49€23k€23k=
Amounts payable within one year42/48€23k€23k=
Other amounts payable47/48€23k€23k=
Income statement
Code20242025
Other operating charges640/8€516€141▼
Gross operating margin9900-€20k
Operating profit (loss)9901€-516€19k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€390€309▼
Recurring financial charges65€390€309▼
Profit (loss) for the period before taxes9903€-906€19k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-906€19k▲
Profit (loss) for the period to be appropriated9905€-906€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-23k▲
Profit (loss) brought forward from the previous period14P€-41k€-42k▼
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €3k | €599 | €516 | €141 | ▼ 72.8% |
| Gross operating margin9900 | €14k | €-52k | €-3k | - | €20k | - |
| Operating profit (loss)9901 | €13k | €-55k | €-3k | €-516 | €19k | ▲ 3,867% |
| Financial income75/76B | - | €1 | - | €0 | €0 | ▲ 9.1% |
| Recurring financial income75 | - | €1 | - | €0 | €0 | ▲ 9.1% |
| Financial charges65/66B | - | €274 | €168 | €390 | €309 | ▼ 21.0% |
| Recurring financial charges65 | €104 | €274 | €168 | €390 | €309 | ▼ 21.0% |
| Profit (loss) for the period before taxes9903 | €13k | €-55k | €-3k | €-906 | €19k | ▲ 2,212% |
| Income taxes67/77 | €3k | €177 | - | - | €0 | - |
| Profit (loss) for the period9904 | €9k | €-56k | €-3k | €-906 | €19k | ▲ 2,212% |
| Profit (loss) for the period to be appropriated9905 | €9k | €-56k | €-3k | €-906 | €19k | ▲ 2,212% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €172k | €77k | €3k | €2k | €21k | ▲ 1,116% |
| Current assets29/58 | €172k | €77k | €3k | €2k | €21k | ▲ 1,116% |
| Stocks and contracts in progress3 | €80k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €303 | €2k | - | - | - | - |
| Other amounts receivable41 | - | €2k | - | - | - | - |
| Cash at bank and in hand54/58 | €92k | €75k | €3k | €2k | €21k | ▲ 1,116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €172k | €77k | €3k | €2k | €21k | ▲ 1,116% |
| Equity10/15 | €38k | €-17k | €-21k | €-22k | €-3k | ▲ 88.0% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Capital10 | - | €20k | €20k | €20k | €20k | = |
| Issued capital100 | - | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €18k | €-37k | €-41k | €-42k | €-23k | ▲ 45.8% |
| Amounts payable17/49 | €134k | €94k | €24k | €23k | €23k | = |
| Amounts payable within one year42/48 | €134k | €94k | €24k | €23k | €23k | = |
| Trade debts44 | €48k | €20k | €583 | - | - | - |
| Suppliers440/4 | - | €20k | €583 | - | - | - |
| Other amounts payable47/48 | - | €74k | €23k | €23k | €23k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €-56k | €-3k | €-906 | €19k | ▲ 2,212% |
| Operating cash flow (approximation) | €9k | €-56k | €-3k | €-906 | €19k | ▲ 2,212% |
| Change in cash | - | €-17k | €-72k | €-2k | €19k | ▲ 1,356% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €19k
Net result €19k after 3 loss-making years.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-10
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2008
Ground area
1,639 m²
Building footprint
36 m²
Volume, LiDAR
112 m³
Parcel 41362B1752/00R003, Flanders · tallest building 3.2 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Milarid
since 20082.174.094.553
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1752/00R003 | Flanders | 1,639 m² | 1 · 36 m² | 3.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 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, comparable size
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BUILD DIFFERENT
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ERIC CLAESSENS MANAGEMENT CONSULTANCY
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,769 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-10-2008
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.