MILATECH
ActiveSummary
MILATECH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,939 and a net result of €11,575. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-17
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 11.82 against 5.94 in 2024; short-term debt: 7.9% and cash: 85.1% of total assets), and 8.2% of the assets are financed with debt.
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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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
91.8%
Return on assets
8.6%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
30 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€122,939▲ 10.4%
2024 · €111,364
Total assets
€133,849▲ 1.4%
2024 · €132,006
Net result
€11,575▼ 42.3%
2024 · €20,072
Working capital
€114,804▲ 14.2%
2024 · €100,521
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€142,134-€20,167▼ 85.8%€14,838▼ 26.4%
Net result€106,292-€20,072▼ 81.1%€11,575▼ 42.3%
Equity€109,292-€111,364▲ 1.9%€122,939▲ 10.4%
Total assets€151,113-€132,006▼ 12.6%€133,849▲ 1.4%
Debt€41,821-€20,642▼ 50.6%€10,909▼ 47.1%
Working capital€52,925-€100,521▲ 89.9%€114,804▲ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133,849
Fixed assets
€8,436 ▼ 24.3%
Current assets
€125,413 ▲ 3.8%
Equity and liabilities €133,849
Equity
€122,939 ▲ 10.4%
Debt
€10,909 ▼ 47.1%
Debt's share of the balance-sheet total falls from 15.6% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19,064▼
2024 · €23,383
Cash flow
€15,800▼
2024 · €23,288
Current ratio
11.82▲
2024 · 5.94
Debt to equity
0.09▼
2024 · 0.19
ROE
9.4%▼
2024 · 18.0%
ROA
8.6%▼
2024 · 15.2%
Debt ≤ 1 year
€10,609▼
2024 · €20,342
Income taxes
€3,263▲
2024 · €95
Staff costs
€486▼
2024 · €1,216
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €320 | €1,216 | €486 | ▼ 60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,923 | €3,215 | €4,225 | ▲ 31.4% |
| Other operating charges640/8 | €1,595 | €25,662 | - | - |
| Gross operating margin9900 | €148,972 | €50,261 | €19,549 | ▼ 61.1% |
| Operating profit (loss)9901 | €142,134 | €20,167 | €14,838 | ▼ 26.4% |
| Financial income75/76B | €0 | - | - | - |
| Recurring financial income75 | €0 | - | - | - |
| Financial charges65/66B | €13 | - | - | - |
| Recurring financial charges65 | €13 | - | - | - |
| Profit (loss) for the period before taxes9903 | €142,122 | €20,167 | €14,838 | ▼ 26.4% |
| Income taxes67/77 | €35,830 | €95 | €3,263 | ▲ 3,344% |
| Profit (loss) for the period9904 | €106,292 | €20,072 | €11,575 | ▼ 42.3% |
| Profit (loss) for the period to be appropriated9905 | €106,292 | €20,072 | €11,575 | ▼ 42.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €151,113 | €132,006 | €133,849 | ▲ 1.4% |
| Fixed assets21/28 | €56,667 | €11,143 | €8,436 | ▼ 24.3% |
| Tangible fixed assets22/27 | €56,617 | €11,093 | €8,386 | ▼ 24.4% |
| Plant, machinery and equipment23 | €3,792 | €7,768 | €6,540 | ▼ 15.8% |
| Furniture and vehicles24 | €52,825 | €3,325 | €1,846 | ▼ 44.5% |
| Financial fixed assets28 | €50 | €50 | €50 | = |
| Current assets29/58 | €94,446 | €120,863 | €125,413 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €25,885 | €41,910 | €11,556 | ▼ 72.4% |
| Trade receivables40 | €25,881 | €40,081 | €11,550 | ▼ 71.2% |
| Other amounts receivable41 | €4 | €1,829 | €6 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €66,437 | €78,953 | €113,857 | ▲ 44.2% |
| Deferred charges and accrued income490/1 | €2,123 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €151,113 | €132,006 | €133,849 | ▲ 1.4% |
| Equity10/15 | €109,292 | €111,364 | €122,939 | ▲ 10.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €106,292 | €108,364 | €119,939 | ▲ 10.7% |
| Distributable reserves133 | €106,292 | €108,364 | €119,939 | ▲ 10.7% |
| Amounts payable17/49 | €41,821 | €20,642 | €10,909 | ▼ 47.1% |
| Amounts payable within one year42/48 | €41,521 | €20,342 | €10,609 | ▼ 47.8% |
| Trade debts44 | €179 | €520 | €64 | ▼ 87.8% |
| Suppliers440/4 | €179 | €520 | €64 | ▼ 87.8% |
| Taxes, remuneration and social security45 | €41,315 | €1,795 | €10,277 | ▲ 473% |
| Taxes450/3 | €39,615 | €95 | €10,277 | ▲ 10,746% |
| Remuneration and social security454/9 | €1,700 | €1,700 | - | - |
| Other amounts payable47/48 | €27 | €18,027 | €269 | ▼ 98.5% |
| Accrued charges and deferred income492/3 | €300 | €300 | €300 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,292 | €20,072 | €11,575 | ▼ 42.3% |
| + Depreciation and write-downs630 | €4,923 | €3,215 | €4,225 | ▲ 31.4% |
| Operating cash flow (approximation) | €111,215 | €23,288 | €15,800 | ▼ 32.2% |
| Investment in fixed assets (approximation) | - | €42,309 | -€1,518 | ▼ 104% |
| Change in cash | - | €12,515 | €34,904 | ▲ 179% |
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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €11,575 ▼42.3%
Net result drops to €11,575, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 5.94
Current ratio from 2.27 to 5.94; short-term debt falls from €41,521 to €20,342.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
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, Charleroi · 1 establishment unit since 2022
Ground area
962 m²
Building footprint
72 m²
Volume, LiDAR
633 m³
Parcel 52026C0917/00L000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MILATECH
since 20222.334.839.983
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52026C0917/00L000 | Wallonia | 962 m² | 1 · 72 m² | 10.6 m · 3 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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,919 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
Founded29-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
82300Organisation of conventions and trade shows
Contact
E-mail
lammens.michel@gmail.com
Phone
+32497767335
Scores and ratios are computed by Checked and are not a credit decision.