Equity
€418,753 ▲ 44.6%
MILDRED has made a profit in every financial year since 2019.
MILDRED
Lifetime
7 annual accounts with figures on one time axispeak €188,393 (2025)
€188,393▲ 64.3%
peak €129,131 (2025)
€129,131▲ 7.4%
peak €418,753 (2025)
€418,753▲ 44.6%
€39,734▲ 42.0%
Board1 name since 2018
1 directorHELLEBAUT Fanny
Documentsfilings and deeds
12-02-2026169 days before the deadline
2025financial year
Gross margin from €114,678 to €188,393Equity from €289,622 to €418,753Debts from €27,989 to €39,734Cash from €156,689 to €299,370
Key points
from the 2025 annual accountsFilings
7 annual accounts since 2019
The last five annual accounts were filed 21 to 169 days before the end of the period.
Position in the sector
91.3%
Higher solvency than 95% of companies in construction of buildings. Sector median 32.9% · 1,038 companies.
Checked score
99
Excellent
Financially stronger than 90% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%highest value
01-2025: 0.4%▼ -0.5 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.2%▼ -0.2 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.1%▼ -0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2018
lowers risk
Liquidity: current ratio 8.53, cash €299,370
Equity €418,753 (91.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 99% on liquidity, 91% on profitability and 77% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as MILDRED has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of MILDRED itself: 0.1% within 12 months.
Test of the method
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 6,782 companies, not a prediction for MILDRED. 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.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.53 (6.88 in 2024), above the usual 1.5. Short-term debt is 8.7% and cash 65.3% of total assets. 8.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 12-02-2026, 169 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
169 days early
2024
162 days early
2023
62 days early
2022
21 days early
2021
61 days early
2020
54 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 76 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 May (4 of the last 5 accounts filed within 101 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- HELLEBAUT Fanny 186 sharesdeed of 05-10-2018
Shares in 1 company, Watt Matters
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707710911
Registered office moved within Brussels
New registered office: rue du Mont Blanc 9, 1060 Bruxelles · Previous registered office: Avenue Pénélope 57, 1190 Bruxelles · Board meeting of 30-11-2022 · Gazette deed
Company renamed from WHAT ABOUT FUTURE to MILDRED
Change of role: HELLEBAUT Fanny, from manager to director · “La société a également pour objet toutes activités se rapportant directement ou indirectement à la…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 05-05-2022 · Gazette deed
Incorporation
Founding capital of €18,600, 186 shares · Founder: HELLEBAUT Fanny · Appointment: HELLEBAUT Fanny (manager) · published on 05-10-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MILDRED Sint-Gillis (bij-Brussel) | €458,487 | €188,393 | 91.3% | - |
| A.S.A. CONSTRUCT Berchem-Sainte-Agathe | €471,679 | €194,339 | 6.0% | - |
| ART FLOOR Brussels | €464,163 | €166,454 | 47.4% | 0 |
| EGOPA Brussels | €386,820 | €174,244 | 22.8% | - |
| GENERAL RENOVATION CONTRACTORS Berchem-Sainte-Agathe | €513,018 | €225,972 | 32.9% | 1 |
| Anahon Jette | €481,952 | €213,237 | 0.6% | - |
| Degroote Bouwonderneming Diksmuide | €458,782 | €181,026 | 24.6% | - |
These companies have the same main activity as MILDRED: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €387,000 and €513,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 03-10-2018Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.280.733.1851060 Sint-Gillis (bij-Brussel), since 03-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 13-12-2025
Annual accounts 2025
- ≈ €660,000estimated
- €458,487▲ 44.4%
- Filing
- Filed on 12-02-2026, 169 days before the end of the filing period
Insights on MILDRED
MILDRED has existed since 2018. The gross margin grew from €132,273 in 2019 to €188,393 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MILDRED
- What is the company number of MILDRED?
- The company number of MILDRED is 0707.710.911. The VAT number is the same number with BE in front: BE 0707.710.911.
- Where is MILDRED based?
- The registered office is at Witte-Bergstraat 9, 1060 Sint-Gillis (bij-Brussel).Company details
- What does MILDRED do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MILDRED?
- MILDRED is a private limited company (BV).
- When was MILDRED founded?
- MILDRED was founded on 03-10-2018.
- Is MILDRED still active?
- Yes, MILDRED is an active enterprise in the KBO register.
- What is the turnover of MILDRED?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €188,393 and 126 comparable companies (NACE 41001). It probably lies between €450,000 and €1.0m.Financials
- Is MILDRED profitable?
- In financial year 2025, MILDRED made a profit of €129,131.
- Where can I find the annual accounts of MILDRED?
- MILDRED filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MILDRED due?
- MILDRED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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