MILENO
Annual accounts 2025
micro format, filed on 02-04-2026, 120 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €97,000. Estimated: probably between €87,000 and €130,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €142,065 on 31-12-2025in euro
in euro
Position in the sector
47.6%
Higher than 39% of 21,208 companies in 2025.
0.77
Higher than 10% of 20,571 companies in 2025.
19.1%
Higher than 51% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
142,065 | 145,241 | 143,665 | 162,952 | 172,970 | 177,805 | 158,209 | 154,426 | 154,578 | 188,740 | 209,250 | 255,621 | 213,341 | 209,574 | 62,168 | 43,402 | 27,755 | |
21/28 |
85,035 | 87,150 | 93,825 | 97,171 | 104,439 | 106,099 | 111,992 | 111,183 | 131,595 | 154,263 | 165,688 | 182,370 | 148,422 | 155,307 | 24,293 | 26,889 | 17,567 | |
22/27 |
85,022 | 87,150 | 93,705 | 97,051 | 104,319 | 105,979 | 111,872 | 111,038 | 131,445 | 154,263 | 165,688 | 182,370 | 148,422 | 155,307 | 24,293 | 26,889 | 17,567 | |
22 |
75,578 | 80,707 | 85,837 | 90,966 | 96,095 | 98,105 | 102,877 | 108,249 | 115,135 | 122,722 | 130,309 | 134,896 | 134,307 | 136,278 | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | 474 | 1,080 | 594 | 912 | 1,147 | 1,936 | 1,528 | |
24 |
4,924 | 1,306 | 2,116 | 6,085 | 8,224 | 6,185 | 8,995 | 2,488 | 15,237 | 29,539 | 31,974 | 42,535 | 8,735 | 11,550 | 14,517 | 14,260 | 6,296 | |
26 |
4,520 | 5,136 | 5,753 | - | - | 1,689 | - | 301 | 1,073 | 2,002 | 2,930 | 3,859 | 4,787 | 6,567 | 8,629 | 10,692 | 9,743 | |
28 |
13 | - | 120 | 120 | 120 | 120 | 120 | 146 | 150 | - | - | - | - | - | - | - | - | |
29/58 |
57,030 | 58,091 | 49,840 | 65,781 | 68,531 | 71,705 | 46,217 | 43,243 | 22,983 | 34,477 | 43,562 | 73,251 | 64,918 | 54,267 | 37,875 | 16,513 | 10,188 | |
3 |
- | - | - | - | - | - | - | 35 | 125 | 234 | 429 | 270 | 367 | 358 | 363 | 220 | - | |
30/36 |
- | - | - | - | - | - | - | 35 | 125 | 234 | 429 | 270 | 367 | 358 | 363 | 220 | - | |
40/41 |
19,312 | 19,739 | 20,605 | 18,556 | 21,315 | 15,430 | 24,429 | 39,730 | 9,805 | 31,003 | 38,482 | 40,517 | 53,834 | 37,139 | 17,278 | 6,112 | 4,770 | |
40 |
19,312 | 17,964 | 18,830 | 18,556 | 17,818 | 15,430 | 21,651 | 33,403 | 8,672 | 31,003 | 38,482 | 36,517 | 45,354 | 27,139 | 17,278 | 6,112 | 4,770 | |
41 |
- | 1,774 | 1,774 | - | 3,497 | - | 2,779 | 6,328 | 1,133 | - | - | 4,000 | 8,480 | 10,000 | - | - | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,724 | 3,023 | - | |
54/58 |
34,270 | 35,058 | 26,526 | 42,998 | 44,079 | 54,827 | 21,038 | 2,438 | 11,548 | 2,555 | 3,966 | 31,779 | 9,451 | 16,646 | 14,510 | 7,159 | 5,418 | |
490/1 |
3,448 | 3,294 | 2,709 | 4,227 | 3,137 | 1,449 | 750 | 1,039 | 1,505 | 685 | 685 | 685 | 1,265 | 125 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
142,065 | 145,241 | 143,665 | 162,952 | 172,970 | 177,805 | 158,209 | 154,426 | 154,578 | 188,740 | 209,250 | 255,621 | 213,341 | 209,574 | 62,168 | 43,402 | 27,755 | |
10/15 |
67,605 | 99,786 | 86,522 | 84,708 | 68,093 | 56,471 | 38,022 | 36,924 | 25,974 | 36,910 | 34,374 | 26,000 | 34,533 | 8,060 | 23,879 | 8,318 | 9,570 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
61,405 | 93,586 | 80,322 | 78,508 | 61,893 | 50,271 | 31,822 | 30,710 | 30,710 | 30,710 | 28,174 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
61,405 | 93,586 | 80,322 | 76,648 | 60,033 | 48,411 | 29,962 | 28,850 | 28,850 | 28,850 | 26,314 | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | 14 | -10,936 | - | - | 17,940 | 26,473 | - | 15,819 | 258 | 1,510 | |
17/49 |
74,459 | 45,455 | 57,144 | 78,244 | 104,877 | 121,334 | 120,188 | 117,502 | 128,604 | 151,830 | 174,876 | 229,621 | 178,808 | 201,514 | 38,289 | 35,084 | 18,185 | |
17 |
- | - | 6,225 | 21,036 | 35,665 | 50,157 | 64,346 | 78,320 | 92,171 | 108,605 | 126,861 | 145,753 | 139,591 | 146,220 | - | - | - | |
170/4 |
- | - | 6,225 | 21,036 | 35,665 | 50,157 | 64,346 | 78,320 | 92,171 | 108,605 | 126,861 | 145,753 | 139,591 | 146,220 | - | - | - | |
42/48 |
74,459 | 45,431 | 50,918 | 57,208 | 69,212 | 71,093 | 55,740 | 39,063 | 36,434 | 42,832 | 47,602 | 83,556 | 38,890 | 54,954 | 38,289 | 35,084 | 15,195 | |
42 |
- | 6,275 | 14,811 | 14,629 | 14,449 | 15,362 | 15,128 | 14,898 | 16,434 | 19,339 | 18,944 | 12,415 | 7,165 | 6,619 | - | - | 2,596 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 14,333 | 844 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 14,333 | 844 | - | - | |
44 |
8,071 | 10,729 | 17,216 | 12,784 | 10,077 | 8,051 | 11,127 | 11,618 | 8,478 | 7,451 | 8,244 | 12,081 | 9,647 | 11,534 | 9,079 | 4,756 | 265 | |
440/4 |
8,071 | 10,729 | 17,216 | 12,784 | 10,077 | 8,051 | 11,127 | 11,618 | 8,478 | 7,451 | 8,244 | 12,081 | 9,647 | 11,534 | 9,079 | 4,756 | 265 | |
45 |
13,664 | 12,232 | 17,225 | 29,315 | 32,250 | 37,705 | 9,921 | 9,667 | 9,427 | 10,928 | 15,858 | 42,171 | 21,877 | 14,856 | 27,560 | 18,828 | 6,430 | |
450/3 |
13,664 | 12,232 | 12,453 | 12,884 | 12,250 | 13,903 | 5,656 | 8,186 | 8,007 | 7,508 | 15,858 | 42,171 | 21,877 | 14,856 | 27,560 | 18,828 | 6,430 | |
454/9 |
- | - | 4,772 | 16,431 | 20,000 | 23,802 | 4,265 | 1,482 | 1,420 | 3,420 | - | - | - | - | - | - | - | |
47/48 |
52,725 | 16,195 | 1,666 | 480 | 12,437 | 9,974 | 19,564 | 2,880 | 2,094 | 5,114 | 4,555 | 16,889 | 202 | 7,612 | 806 | 11,500 | 5,904 | |
492/3 |
- | 24 | - | - | - | 84 | 102 | 119 | - | 393 | 413 | 312 | 326 | 340 | - | - | 2,990 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 183,801 | 190,543 | - | - | |
9900 |
50,945 | 61,047 | 21,659 | 40,139 | 33,225 | 53,498 | 44,994 | 50,305 | 18,191 | 38,318 | 51,212 | 66,456 | 63,548 | 46,457 | 42,895 | 28,991 | 15,796 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 142,835 | 151,408 | - | - | |
630 |
7,414 | 7,642 | 9,513 | 8,697 | 7,382 | 7,666 | 9,473 | 22,654 | 22,818 | 24,109 | 21,058 | 21,380 | 12,382 | 26,909 | 8,502 | 6,327 | 5,392 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | 3,200 | - | - | - | - | - | - | |
640/8 |
3,379 | 3,156 | 3,570 | 2,803 | 2,423 | 2,910 | 2,926 | 2,781 | 2,897 | 3,005 | 2,538 | 2,991 | 2,487 | 1,792 | 4,267 | 977 | 937 | |
9901 |
40,153 | 50,250 | 8,576 | 28,639 | 23,420 | 42,923 | 32,596 | 24,870 | -7,524 | 11,205 | 24,416 | 42,085 | 48,679 | 17,755 | 30,126 | 21,687 | 9,467 | |
75/76B |
464 | 35 | - | - | - | 27 | 350 | 222 | 1 | 25 | 89 | 403 | 640 | 287 | 414 | 93 | 173 | |
75 |
464 | 35 | - | - | - | 27 | 350 | 222 | 1 | 25 | 89 | 403 | 640 | 287 | 414 | 93 | 173 | |
65/66B |
369 | 719 | 871 | 939 | 1,159 | 1,417 | 1,513 | 2,518 | 2,546 | 2,730 | 4,684 | 4,130 | 4,322 | 4,867 | 342 | 336 | 592 | |
65 |
369 | 719 | 871 | 939 | 1,159 | 1,417 | 1,513 | 2,518 | 2,546 | 2,730 | 4,684 | 4,130 | 4,322 | 4,867 | 342 | 336 | 592 | |
9903 |
40,247 | 49,565 | 7,705 | 27,699 | 22,261 | 41,532 | 31,433 | 22,574 | -10,069 | 8,499 | 19,821 | 38,357 | 44,997 | 13,175 | 30,199 | 21,443 | 9,048 | |
67/77 |
13,165 | 15,531 | 4,226 | 9,484 | 6,503 | 13,109 | 10,771 | 8,744 | 867 | 5,964 | 11,447 | 20,417 | 17,718 | 9,992 | 13,831 | 11,195 | 4,872 | |
9904 |
27,082 | 34,034 | 3,479 | 18,215 | 15,758 | 28,424 | 20,662 | 13,830 | -10,936 | 2,536 | 8,374 | 17,940 | 27,279 | 3,184 | 16,368 | 10,248 | 4,176 | |
9905 |
27,082 | 34,034 | 3,479 | 18,215 | 15,758 | 28,424 | 20,662 | 13,830 | -10,936 | 2,536 | 8,374 | 17,940 | 27,279 | 3,184 | 16,368 | 10,248 | 4,176 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
27,082 | 34,034 | 3,479 | 18,215 | 15,758 | 28,424 | 20,676 | 2,894 | -10,936 | 2,536 | 26,314 | 44,413 | 27,279 | 19,003 | 16,625 | 11,758 | 4,176 | |
791/2 |
57,597 | 19,052 | - | - | 2,536 | 8,374 | 17,940 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
25,416 | 32,316 | 1,813 | 16,615 | 14,158 | 26,824 | 19,052 | - | - | 2,536 | 26,314 | - | - | - | - | - | 1,860 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
25,416 | 32,316 | 1,813 | 16,615 | 14,158 | 26,824 | 19,052 | - | - | 2,536 | 26,314 | - | - | - | - | - | - | |
694/7 |
59,263 | 20,770 | 1,666 | 1,600 | 4,136 | 9,974 | 19,564 | 2,880 | - | - | - | 26,473 | 806 | 19,003 | 806 | 11,500 | 806 | |
694 |
59,263 | 20,770 | 1,666 | 1,600 | 4,136 | 9,974 | 19,564 | 2,880 | - | - | - | 26,473 | 806 | 19,003 | 806 | 11,500 | 806 | |
| Document | ||||||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-04-2026 | 2026-00070620 | |
| 31-12-2024 | micro format | 16-05-2025 | 2025-00095851 | |
| 31-12-2023 | micro format | 18-06-2024 | 2024-00137121 | |
| 31-12-2022 | micro format | 16-06-2023 | 2023-00130478 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20161644 | |
| 31-12-2020 | micro format | 17-06-2021 | 2021-20600096 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43300073 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-24800224 | |
| 31-12-2017 | micro format | 26-07-2018 | 2018-37600262 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-37500188 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-53200142 | |
| 31-12-2014 | abbreviated format | 25-06-2015 | 2015-20700405 | |
| 31-12-2013 | abbreviated format | 14-07-2014 | 2014-30600457 | |
| 31-12-2012 | abbreviated format | 26-07-2013 | 2013-35700286 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-47900113 | |
| 31-12-2010 | abbreviated format | 26-10-2011 | 2011-58500060 | |
| 31-12-2009 | abbreviated format | 30-08-2010 | 2010-46300300 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47,566 | 57,891 | 18,089 | 37,335 | 30,803 | 50,588 | 42,069 | 47,525 | 15,294 | 35,313 | 45,474 | 63,465 | 61,061 | 44,664 | 38,628 | 28,014 | 14,859 | ||
| 34,495 | 41,676 | 12,992 | 26,912 | 23,140 | 36,089 | 30,135 | 36,485 | 11,882 | 26,644 | 29,433 | 39,320 | 39,661 | 30,093 | 24,870 | 16,575 | 9,568 | ||
| 5,299 | 1,086 | 6,167 | 1,429 | 5,722 | 1,773 | 10,308 | 2,247 | 150 | 12,684 | 4,376 | 55,327 | 5,497 | 157,924 | 5,907 | 15,648 | 22,959 | ||
| -789 | 8,532 | -16,472 | -1,082 | -10,748 | 33,789 | 18,600 | -9,110 | 8,993 | -1,411 | -27,813 | 22,328 | -7,194 | 2,136 | 7,351 | 1,741 | - | ||
| -17,430 | 12,660 | -1,079 | 8,573 | -681 | 612 | -9,523 | 4,180 | -13,451 | -8,355 | -4,040 | -10,305 | 26,028 | -687 | -413 | -18,571 | -5,007 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 9.7% | 15.8% | - | - | ||
| 47.6% | 68.7% | 60.2% | 52.0% | 39.4% | 31.8% | 24.0% | 23.9% | 16.8% | 19.6% | 16.4% | 10.2% | 16.2% | 3.8% | 38.4% | 19.2% | 34.5% | ||
| 0.77 | 1.28 | 0.98 | 1.15 | 0.99 | 1.01 | 0.83 | 1.11 | 0.63 | 0.80 | 0.92 | 0.88 | 1.67 | 0.99 | 0.99 | 0.47 | 0.67 | ||
| 0.77 | 1.28 | 0.98 | 1.15 | 0.99 | 1.01 | 0.83 | 1.11 | 0.63 | 0.80 | 0.91 | 0.87 | 1.66 | 0.98 | 0.98 | 0.46 | 0.67 | ||
| 1.10 | 0.46 | 0.66 | 0.92 | 1.54 | 2.15 | 3.16 | 3.18 | 4.95 | 4.11 | 5.09 | 8.83 | 5.18 | 25.00 | 1.60 | 4.22 | 1.90 | ||
| 40.1% | 34.1% | 4.0% | 21.5% | 23.1% | 50.3% | 54.3% | 37.5% | -42.1% | 6.9% | 24.4% | 69.0% | 79.0% | 39.5% | 68.5% | 123.2% | 43.6% | ||
| 19.1% | 23.4% | 2.4% | 11.2% | 9.1% | 16.0% | 13.1% | 9.0% | -7.1% | 1.3% | 4.0% | 7.0% | 12.8% | 1.5% | 26.3% | 23.6% | 15.0% | ||
| over 100 | 80.55 | 20.76 | 39.75 | 26.58 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 54 days | 33 days | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 29 days | 22 days | - | - |
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €215,000 | €215,000 | €215,000 |
| Carrying value of the mortgaged assets | - | - | €85,837 | €90,966 | €96,095 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,286 | €1,086 | €6,167 | €1,429 | €5,722 |
| Financial fixed assets | €13 | - | - | - | - |
| €7,414 | €7,642 | €9,513 | €8,697 | €7,382 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MILENO
The operating result for 2025 is 20% lower than in 2024.
Debt's share of the balance-sheet total rises from 31.3% to 52.4%. Equity is lower and debt is higher.