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MILEAU

Active
Private limited company (pre-2019)founded 200223 yrs activeGrotenbroek 7, 1730 Asse, BelgiumKBO/BCE: BE 0478.671.937

MILEAU has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311k and a net result of €38k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
56 / 100
Fair= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-14
Solvency49▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.39 in 2024), and 60.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.2%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
12 d late
2023
16 d late
2022
10 d late
2021
2 d late
2020
9 d late
2019
on the day
← before the deadline after the deadline →
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
16-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€311k▲ 14.0%
2024 · €272k
2018: €125k 2019: €120k 2020: €137k 2021: €165k 2022: €189k 2023: €232k 2024: €272k
2018 → 2025
Total assets
€793k▼ 2.7%
2024 · €814k
2018: €396k 2019: €826k 2020: €899k 2021: €844k 2022: €869k 2023: €863k 2024: €814k
2018 → 2025
Net result
€38k▼ 7.1%
2024 · €41k
2018: €18k 2019: €-5k 2020: €17k 2021: €27k 2022: €24k 2023: €43k 2024: €41k
2018 → 2025
Working capital
€-87k▲ 15.2%
2024 · €-102k
2018: €-12k 2019: €-122k 2020: €-128k 2021: €-142k 2022: €-156k 2023: €-131k 2024: €-102k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€165k-€189k▲ 14.9%€232k▲ 22.5%€272k▲ 17.7%€311k▲ 14.0%
Operating result€54k-€53k▼ 1.7%€62k▲ 18.3%€65k▲ 4.1%€72k▲ 11.0%
Net result€27k-€24k▼ 10.8%€43k▲ 74.0%€41k▼ 3.7%€38k▼ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €54k€54kNet result 2021: €27k€27kOperating result 2022: €53k€53kNet result 2022: €24k€24kOperating result 2023: €62k€62kNet result 2023: €43k€43kOperating result 2024: €65k€65kNet result 2024: €41k€41kOperating result 2025: €72k€72kNet result 2025: €38k€38k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €793k
Fixed assets €728k▼ 2.6%
Current assets €64k▼ 3.3%
Equity and liabilities €793k
Equity €311k▲ 14.0%
Debt €482k▼ 11.0%
The debt ratio falls from 66.5% to 60.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€101k
2024 · €96k
Cash flow
€67k
2024 · €72k
Solvency
39.2%
2024 · 33.5%
Current ratio
0.43
2024 · 0.39
Quick ratio
0.43
2024 · 0.39
Debt / equity
1.55
2024 · 1.99
ROE
12.3%
2024 · 15.0%
ROA
4.8%
2024 · 5.0%
Interest coverage
6.45
2024 · 8.17
Debt
€482k
2024 · €542k
Debt ≤ 1 year
€151k
2024 · €169k
Debt > 1 year
€330k
2024 · €372k
Income taxes
€18k
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€814k€793k
Fixed assets21/28€748k€728k
Tangible fixed assets22/27€748k€728k
Land and buildings22€719k€699k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€13k€11k
Other tangible fixed assets26€14k€16k
Current assets29/58€67k€64k
Amounts receivable within one year40/41€29k€39k
Trade receivables40€29k€39k
Other amounts receivable41€34€18
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€36k€24k
Equity and liabilities
Total equity and liabilities10/49€814k€793k
Equity10/15€272k€311k
Contributions10/11€99k€99k=
Reserves13€90k€128k
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€76k€114k
Profit (loss) carried forward14€84k€84k=
Amounts payable17/49€542k€482k
Amounts payable after more than one year17€372k€330k
Financial debts170/4€351k€309k
Other amounts payable178/9€21k€21k=
Amounts payable within one year42/48€169k€151k
Current portion of amounts payable after more than one year42€38k€44k
Trade debts44€28k€7k
Suppliers440/4€28k€7k
Taxes, remuneration and social security45€19k€29k
Taxes450/3€16k€26k
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€84k€71k
Accrued charges and deferred income492/3€699€699=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€29k
Other operating charges640/8€4k€6k
Gross operating margin9900€101k€107k
Operating profit (loss)9901€65k€72k
Financial income75/76B€166€220
Recurring financial income75€166€220
Financial charges65/66B€12k€16k
Recurring financial charges65€12k€16k
Profit (loss) for the period before taxes9903€53k€57k
Income taxes67/77€12k€18k
Profit (loss) for the period9904€41k€38k
Profit (loss) for the period to be appropriated9905€41k€38k
Appropriation of the result
Profit (loss) to be appropriated9906€84k€122k
Profit (loss) brought forward from the previous period14P€43k€84k
Transfer to equity691/2-€38k
To other reserves6921-€38k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
12-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
16-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial Highest result since 2018net €43k ▲74%
Net result €43k, the highest in the series.
31-12
Financial Equity above €200kEq €232k ▲22.5%
4 profitable years in a row build equity to €232k.
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
02-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial Equity above €150kEq €165k ▲20%
2 profitable years in a row build equity to €165k.
09-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-5k ▼125%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Asse · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Grotenbroek 71730 Asse
Ground area
556 m²
Building footprint
180 m²
Volume, LiDAR
1,173 m³
Parcel 23322B0057/00D000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MILEAU
Grotenbroek 7, 1730 AsseNACE 5155001
since 20022.114.628.902
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23322B0057/00D000 Flanders 556 m² 1 · 180 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 1,225 companies in sector 46851 we hold annual accounts for 514. 323 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-10-2002
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.