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MILAS GROUP

Active
Private limited companyfounded 20242 yrs activeEdmond Thieffrylaan 114A, 2640 Mortsel, BelgiumKBO/BCE: BE 1004.168.150
Summary

MILAS GROUP has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,935 and a net result of €30,091. Its solvency ranks better than 22% of 1390 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
General cleaning of buildings
NACE 81210
1 site
Size
€457,238total assets 2025
Staff
38.9 FTE
Equity
€81,935
Profit
€30,091
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Accounts 46 d early1 of 2 deeds read
Why 65- Founded in 2024- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 15-06-2026)+ Size: total assets €457,238Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 46% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 43+1
equity 17.9% of total assets
Liquidity 32=
short-term debt 82.1% · cash 21.7%
Profitability 77-4
return on assets 6.6%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,583 companies)
Last 24 months 02-2025: 2.0% 03-2025: 2.0%▲ +2.6% vs 02-2025 04-2025: 2.4%▲ +18.9% vs 03-2025 05-2025: 2.5%▲ +5.2% vs 04-2025 06-2025: 2.8%▲ +11.9% vs 05-2025highest value 07-2025: 1.0%▼ -64.9% vs 06-2025lowest value 08-2025: 1.0%▲ +4.9% vs 07-2025 09-2025: 1.1%▲ +2.8% vs 08-2025 10-2025: 1.0%▼ -1.3% vs 09-2025 11-2025: 1.1%▲ +0.6% vs 10-2025 12-2025: 1.1%▲ +4.5% vs 11-2025 01-2026: 1.1%▼ -1.7% vs 12-2025 02-2026: 1.1%▲ +0.1% vs 01-2026 03-2026: 1.7%▲ +57.1% vs 02-2026 04-2026: 2.0%▲ +19.8% vs 03-2026 05-2026: 2.5%▲ +24.4% vs 04-2026 06-2026: 2.5%▼ -1.3% vs 05-2026 07-2026: 1.2%▼ -52.1% vs 06-2026 08-2026: 1.2%● 0.0% vs 07-2026 09-2026: 1.2%▼ -0.6% vs 08-2026 10-2026: 1.2%● 0.0% vs 09-2026
  • Founded in 2024 raises the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 15-06-2026) lowers the probability
  • Size: total assets €457,238 lowers the probability for this profile
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.27 in 2024; short-term debt: 82.1% and cash: 21.7% of total assets), and 82.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 81, micro). Better than this share of them on solvency 25%, liquidity 23%, profitability 53%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 15-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €457,238
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1390 sector peers (2025).
NBB · sector comparison
Position among 1390 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
46 d early
2024
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Staff rose in 2025from 30.6 FTE to 38.9 FTE ▲ 27.1% View
  • Total assets 20252 fiscal years filed €457,238 View
  • Active since 2024founded 03-01-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€457,238
Profit
€30,091
Solvency
17.9%
Total assets▲ 53.7%
Net result
20242025
Go to Financials

Timeline

Events
3
Since
2025
Next accounts
by 31-07-2027
  1. 15-06-2026Annual accounts filed
  2. 25-02-2026Registered office
  3. 22-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General cleaning of buildingsNACE 81210
Founded
03-01-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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