Skip to content

MILAV

Active
Private limited companyfounded 20251 yr activeW.A. Mozartlaan 2, 1620 Drogenbos, BelgiumKBO/BCE: BE 1021.431.378
Summary

The computed 12-month bankruptcy probability of MILAV is 2.1% (moderate). The 2026 annual accounts show equity of €13,329 and a net result of €8,329. Its solvency ranks better than 50% of 41 sector peers (fiscal year 2026). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2026
Axes
Profitability95
Solvency58
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.44; short-term debt: 47.3% and cash: 1% of total assets), and 66.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
33.5%
Return on assets
20.9%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-07-2026, 103 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2026
103 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 25 March 2025, MILAV was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2026, micro schema

Equity
€13,329
Total assets
€39,804
Net result
€8,329
Working capital
-€10,448

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €39,804
Fixed assets €31,436
Current assets €8,368
Equity and liabilities €39,804
Equity €13,329
Debt €26,475
Debt finances 66.5% of the balance-sheet total.
Key figures and ratios
2026 value
EBITDA
€13,125
Cash flow
€10,228
Current ratio
0.44
Debt to equity
1.99
ROE
62.5%
ROA
20.9%
Interest coverage
64.97
Debt ≤ 1 year
€18,816
Debt > 1 year
€7,659
Income taxes
€2,695
Staff costs
€11,357

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 · 37 lines
Balance sheet Code2026
Assets
Total assets20/58€39,804
Fixed assets21/28€31,436
Tangible fixed assets22/27€18,101
Furniture and vehicles24€18,101
Financial fixed assets28€13,335
Current assets29/58€8,368
Amounts receivable within one year40/41€7,677
Trade receivables40€7,677
Cash at bank and in hand54/58€379
Deferred charges and accrued income490/1€312
Equity and liabilities
Total equity and liabilities10/49€39,804
Equity10/15€13,329
Contributions10/11€5,000
Profit (loss) carried forward14€8,329
Amounts payable17/49€26,475
Amounts payable after more than one year17€7,659
Financial debts170/4€7,659
Amounts payable within one year42/48€18,816
Trade debts44€6,700
Suppliers440/4€6,700
Taxes, remuneration and social security45€12,116
Taxes450/3€10,176
Remuneration and social security454/9€1,940
Income statement Code2026
Remuneration, social security and pensions62€11,357
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,899
Other operating charges640/8€1,497
Gross operating margin9900€25,979
Operating profit (loss)9901€11,226
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€202
Recurring financial charges65€202
Profit (loss) for the period before taxes9903€11,024
Income taxes67/77€2,695
Profit (loss) for the period9904€8,329
Profit (loss) for the period to be appropriated9905€8,329
Appropriation of the result
Profit (loss) to be appropriated9906€8,329

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2026
Remuneration, social security and pensions62€11,357
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,899
Other operating charges640/8€1,497
Gross operating margin9900€25,979
Operating profit (loss)9901€11,226
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€202
Recurring financial charges65€202
Profit (loss) for the period before taxes9903€11,024
Income taxes67/77€2,695
Profit (loss) for the period9904€8,329
Profit (loss) for the period to be appropriated9905€8,329
Line2026
Assets
Total assets20/58€39,804
Fixed assets21/28€31,436
Tangible fixed assets22/27€18,101
Furniture and vehicles24€18,101
Financial fixed assets28€13,335
Current assets29/58€8,368
Amounts receivable within one year40/41€7,677
Trade receivables40€7,677
Cash at bank and in hand54/58€379
Deferred charges and accrued income490/1€312
Equity and liabilities
Total equity and liabilities10/49€39,804
Equity10/15€13,329
Contributions10/11€5,000
Profit (loss) carried forward14€8,329
Amounts payable17/49€26,475
Amounts payable after more than one year17€7,659
Financial debts170/4€7,659
Amounts payable within one year42/48€18,816
Trade debts44€6,700
Suppliers440/4€6,700
Taxes, remuneration and social security45€12,116
Taxes450/3€10,176
Remuneration and social security454/9€1,940
Line2026
Profit (loss) for the period9904€8,329
+ Depreciation and write-downs630€1,899
Operating cash flow (approximation)€10,228

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
20-07
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are 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, Drogenbos · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
795 m²
Volume, LiDAR
8,993 m³
Parcel 22001A0006/00W002, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
236 companies at this address See who is registered here
1 establishment unit
W.A. Mozartlaan 2, 1620 Drogenbos
Freight transport by road
since 20252.379.271.428
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22001A0006/00W002 Flanders 1.1 ha 1 · 794 m² 13.0 m · 4 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

Of 12,582 companies in sector 49410 we hold annual accounts for 8,203. 4,347 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
Founded25-03-2025
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
52310Warehousing and support activities for transportation
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021431378
Also 9925:BE1021431378
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.