MILESIM
ActiveSummary
MILESIM has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €31k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+25
Solvency46▼-45
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 2.22 in 2024; short-term debt: 21.9% and cash: 0.9% of total assets), and 78.7% of the assets are financed with debt.
Credit advice for your own amount and term
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.3%
Return on assets
5.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-02-2026, 71 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
71 d early
2024
41 d early
2023
99 d early
2022
54 d early
2021
74 d early
2020
169 d early
2019
157 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 38.2%
2024 · €81k
2019: €9k
2020: €22k
2021: €48k
2022: €75k
2023: €78k
2024: €81k
2019 → 2025
Total assets
€527k▲ 330%
2024 · €123k
2019: €13k
2020: €57k
2021: €65k
2022: €95k
2023: €427k
2024: €123k
2019 → 2025
Net result
€31k▲ 771%
2024 · €4k
2019: €3k
2020: €13k
2021: €26k
2022: €27k
2023: €3k
2024: €4k
2019 → 2025
Working capital
€5k▼ 91.0%
2024 · €51k
2019: €5k
2020: €17k
2021: €45k
2022: €64k
2023: €352k
2024: €51k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€75k▲ 55.4%€78k▲ 3.5%€81k▲ 4.6%€112k▲ 38.2%
Operating result€33k-€33k▼ 1.1%€9k▼ 73.4%€9k▼ 1.7%€40k▲ 360%
Net result€26k-€27k▲ 2.1%€3k▼ 90.1%€4k▲ 34.1%€31k▲ 771%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 360% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €527k
Fixed assets
€407k ▲ 1,234%
Current assets
€120k ▲ 30.1%
Equity and liabilities €527k
Equity
€112k ▲ 38.2%
Debt
€415k ▲ 898%
Debt's share of the balance-sheet total rises from 33.9% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €14k
Cash flow
€59k▲
2024 · €9k
Current ratio
1.04▼
2024 · 2.22
Quick ratio
1.03▼
2024 · 2.19
Debt to equity
3.70▲
2024 · 0.51
ROE
27.7%▲
2024 · 4.4%
ROA
5.9%▲
2024 · 2.9%
Interest coverage
9.01▲
2024 · 3.40
Debt ≤ 1 year
€115k▲
2024 · €42k
Debt > 1 year
€300k
Income taxes
€1k▲
2024 · €956
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€123k€527k▲
Fixed assets21/28€31k€407k▲
Intangible fixed assets21€987€658▼
Tangible fixed assets22/27€30k€407k▲
Land and buildings22-€374k
Plant, machinery and equipment23€28k€583▼
Furniture and vehicles24€2k€9k▲
Other tangible fixed assets26-€24k
Current assets29/58€92k€120k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€90k€114k▲
Trade receivables40€90k€106k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1-€293
Equity and liabilities
Total equity and liabilities10/49€123k€527k▲
Equity10/15€81k€112k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€75k€106k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€73k€104k▲
Profit (loss) carried forward14€89€126▲
Amounts payable17/49€42k€415k▲
Amounts payable after more than one year17-€300k
Financial debts170/4-€300k
Amounts payable within one year42/48€42k€115k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€2k€71k▲
Suppliers440/4€2k€71k▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€34k€27k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€63k-
Remuneration, social security and pensions62€76-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€28k▲
Other operating charges640/8€533€684▲
Gross operating margin9900€15k€68k▲
Operating profit (loss)9901€9k€40k▲
Financial income75/76B€20€104▲
Recurring financial income75€20€104▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€5k€32k▲
Income taxes67/77€956€1k▲
Profit (loss) for the period9904€4k€31k▲
Profit (loss) for the period to be appropriated9905€4k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€31k▲
Profit (loss) brought forward from the previous period14P€526€89▼
Transfer to equity691/2€4k€31k▲
To other reserves6921€4k€31k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
Resignation: Elodie SIMONS (director)2 facts ▸
State Gazette act
Resignation: Elodie SIMONS (director)
2 facts ▸
- General meeting, 28-08-2026
- Director resignation, Elodie SIMONS (director)
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €31k ▲771%
Operating result €40k, net result €31k, both a record.
30-09
Financial
Equity above €100kEq €112k ▲38.2%
7 profitable years in a row build equity to €112k.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €3k ▼90.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 9.62
Current ratio from 4.15 to 9.62.
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity doublescurrent ratio 3.71
Current ratio from 1.49 to 3.71; short-term debt falls from €35k to €17k.
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-08-2026
Resigned as Director
Location & real-estate footprint
Registered office, Waimes · 1 establishment unit since 2018
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.
Route de Grosbois,Thirimont 114950 WaimesGround area
1,657 m²
Building footprint
123 m²
Volume, LiDAR
921 m³
Parcel 63080L0054/00G000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Route de Grosbois,Thirimont 11, 4950 Waimes
since 20182.271.420.393
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63080L0054/00G000 | Wallonia | 1,657 m² | 1 · 123 m² | 9.9 m · 3 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
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BE 0773.938.551
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BOUWONDERNEMING TROUBLEYN
BE 0415.642.921
Temse · Eq €112,193
TEK BAT
BE 0881.403.069
Schaarbeek · Eq €112,166
DISTRIBOUW
BE 0414.840.789
Tienen · Eq €112,209
MG BOUWWERKEN
BE 0545.783.861
Oudenburg · Eq €112,211
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,050 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2017
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.