Equity
MILATECH has made a profit in every financial year since 2023.
MILATECH has made a profit in every financial year since 2023.
The micro format states no turnover.
Short-term debts fell from €20,342 to €10,609.
The 2023 accounts came latest: 30 days after the end of the period.
Higher solvency than 90% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
In July 2024, 39,278 companies had the same profile as MILATECH has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MILATECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MILATECH Charleroi | €133,849 | €19,549 | 91.8% | - |
| ESQUIROU APPLICATIONS Ixelles | €143,810 | €19,720 | 91.3% | - |
| Bridge-IT Solutions Ranst | €122,380 | €16,791 | 51.0% | - |
| MHL CONSULTING Forest | €130,340 | €16,638 | - | - |
| LS TECHNOLOGIES Wavre | €122,048 | €23,234 | 88.6% | - |
| WENOCK SOLUTIONS Haaltert | €115,828 | €22,268 | 67.7% | - |
| TYRELL Jette | €128,413 | €18,138 | 11.3% | - |
These companies have the same main activity as MILATECH: computer programming (NACE 62100). They are comparable in size and age: total assets between €116,000 and €144,000, founded between 2021 and 2022.
MILATECH files the micro format. That format states no turnover. The gross margin fell from €148,972 in 2023 to €19,549 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €56,000 and €200,000.
Higher than 91% of 21,217 companies in 2025.
Higher than 91% of 20,581 companies in 2025.
Higher than 32% of 20,756 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
133,849 | 132,006 | 151,113 | |
21/28 |
8,436 | 11,143 | 56,667 | |
22/27 |
8,386 | 11,093 | 56,617 | |
23 |
6,540 | 7,768 | 3,792 | |
24 |
1,846 | 3,325 | 52,825 | |
28 |
50 | 50 | 50 | |
29/58 |
125,413 | 120,863 | 94,446 | |
40/41 |
11,556 | 41,910 | 25,885 | |
40 |
11,550 | 40,081 | 25,881 | |
41 |
6 | 1,829 | 4 | |
54/58 |
113,857 | 78,953 | 66,437 | |
490/1 |
- | - | 2,123 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
133,849 | 132,006 | 151,113 | |
10/15 |
122,939 | 111,364 | 109,292 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
119,939 | 108,364 | 106,292 | |
133 |
119,939 | 108,364 | 106,292 | |
17/49 |
10,909 | 20,642 | 41,821 | |
42/48 |
10,609 | 20,342 | 41,521 | |
44 |
64 | 520 | 179 | |
440/4 |
64 | 520 | 179 | |
45 |
10,277 | 1,795 | 41,315 | |
450/3 |
10,277 | 95 | 39,615 | |
454/9 |
- | 1,700 | 1,700 | |
47/48 |
269 | 18,027 | 27 | |
492/3 |
300 | 300 | 300 | |
| Income statement | ||||
9900 |
19,549 | 50,261 | 148,972 | |
62 |
486 | 1,216 | 320 | |
630 |
4,225 | 3,215 | 4,923 | |
640/8 |
- | 25,662 | 1,595 | |
9901 |
14,838 | 20,167 | 142,134 | |
75/76B |
- | - | 0 | |
75 |
- | - | 0 | |
65/66B |
- | - | 13 | |
65 |
- | - | 13 | |
9903 |
14,838 | 20,167 | 142,122 | |
67/77 |
3,263 | 95 | 35,830 | |
9904 |
11,575 | 20,072 | 106,292 | |
9905 |
11,575 | 20,072 | 106,292 | |
| Appropriation of the result | ||||
9906 |
11,575 | 20,072 | 106,292 | |
691/2 |
11,575 | 2,072 | 106,292 | |
6921 |
11,575 | 2,072 | 106,292 | |
694/7 |
- | 18,000 | - | |
695 |
- | 18,000 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 19,064 | 23,383 | 147,057 | ||
| 15,800 | 23,288 | 111,215 | ||
| 1,518 | 5,442 | 61,590 | ||
| 34,904 | 12,515 | - | ||
| 114,804 | 100,521 | 52,925 | ||
| 91.8% | 84.4% | 72.3% | ||
| 11.82 | 5.94 | 2.27 | ||
| 0.09 | 0.19 | 0.38 | ||
| 9.4% | 18.0% | 97.3% | ||
| 8.6% | 15.2% | 70.3% | ||
| - | - | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,518 | €5,442 | €61,540 |
| Financial fixed assets | - | - | €50 |
| €4,225 | €3,215 | €4,923 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 26% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 15.6% to 8.2%. Equity is higher and debt is lower.
MILATECH has no parent and no holdings in its annual accounts. is the only director. MILATECH shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Pirotia 67 registered office 6060 Charleroi | 29-08-2022 | 2.334.839.983 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52026C0917/00L000 | 962 m² | 1 · 72 m² | 10.6 m · 3 |
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