MILEX
ActiveSummary
MILEX has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €67,306. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+51
Solvency86▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.72 in 2024; short-term debt: 5.8% and cash: 1.4% of total assets), and 38.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
61.3%
Return on assets
2.3%
Age of the figures
9 mo
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 19-03-2026, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
142 d early
2023
79 d early
2022
139 d early
2021
111 d early
2020
47 d early
2019
67 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 103 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 19 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€67,306
2024 · -€53,942
Working capital
-€79,941▼ 43.6%
2024 · -€55,685
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,557€23,989▲ 54.2%€14,470▼ 39.7%-€54,095€10,304
Net result€52,784€95,673▲ 81.3%€62,537▼ 34.6%-€53,942€67,306
Equity€1.6m▲ 3.4%€1.7m▲ 5.9%€1.8m▲ 3.6%€1.7m▼ 3.0%€1.8m▲ 3.9%
Total assets€3.1m▼ 3.1%€3.2m▲ 2.5%€3.1m▼ 0.8%€3.1m▼ 2.7%€2.9m▼ 4.2%
Debt€1.4m▼ 9.1%€1.4m▼ 0.6%€1.3m▼ 5.6%€1.3m▼ 1.6%€1.1m▼ 14.4%
Working capital-€215,365▼ 172%-€116,810▲ 45.8%-€65,939▲ 43.6%-€55,685▲ 15.6%-€79,941▼ 43.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10,304 after a loss of €54,095 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€2.8m ▼ 2.7%
Current assets
€91,049 ▼ 34.9%
Equity and liabilities €2.9m
Equity
€1.8m ▲ 3.9%
Provisions
€30,949 ▼ 25.0%
Debt
€1.1m ▼ 14.4%
Debt's share of the balance-sheet total falls from 42.1% to 37.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89,702▲
2024 · €25,303
Cash flow
€146,703▲
2024 · €25,456
Current ratio
0.53▼
2024 · 0.72
Debt to equity
0.61▼
2024 · 0.74
ROE
3.8%▲
2024 · -3.1%
ROA
2.3%▲
2024 · -1.8%
Interest coverage
8.47▲
2024 · 0.52
Debt ≤ 1 year
€170,990▼
2024 · €195,536
Debt > 1 year
€929,101▼
2024 · €1.0m
Income taxes
€35,347▲
2024 · €29,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79,398 | €79,398 | €79,398 | €79,398 | €79,398 | = |
| Other operating charges640/8 | €13,833 | €12,151 | €15,607 | €20,105 | €14,847 | ▼ 26.2% |
| Gross operating margin9900 | €108,788 | €115,538 | €109,474 | €45,408 | €104,548 | ▲ 130% |
| Operating profit (loss)9901 | €15,557 | €23,989 | €14,470 | -€54,095 | €10,304 | ▲ 119% |
| Financial income75/76B | €113,421 | €127,473 | €114,533 | €68,001 | €92,627 | ▲ 36.2% |
| Recurring financial income75 | €113,421 | €127,473 | €114,533 | €68,001 | €92,627 | ▲ 36.2% |
| Financial charges65/66B | €63,255 | €50,131 | €51,078 | €48,332 | €10,595 | ▼ 78.1% |
| Recurring financial charges65 | €63,255 | €50,131 | €51,078 | €48,332 | €10,595 | ▼ 78.1% |
| Profit (loss) for the period before taxes9903 | €65,724 | €101,331 | €77,925 | -€34,425 | €92,336 | ▲ 368% |
| Transfer from deferred taxes780 | €10,316 | €10,316 | €10,316 | €10,316 | €10,316 | = |
| Income taxes67/77 | €23,256 | €15,975 | €25,705 | €29,833 | €35,347 | ▲ 18.5% |
| Profit (loss) for the period9904 | €52,784 | €95,673 | €62,537 | -€53,942 | €67,306 | ▲ 225% |
| Transfer from tax-exempt reserves789 | €20,035 | €20,035 | €20,035 | €20,035 | €20,035 | = |
| Profit (loss) for the period to be appropriated9905 | €72,819 | €115,707 | €82,572 | -€33,907 | €87,340 | ▲ 358% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.2m | €3.1m | €3.1m | €2.9m | ▼ 4.2% |
| Fixed assets21/28 | €3.0m | €3.1m | €3.1m | €2.9m | €2.8m | ▼ 2.7% |
| Tangible fixed assets22/27 | €967,477 | €888,080 | €808,682 | €729,285 | €649,887 | ▼ 10.9% |
| Land and buildings22 | €967,477 | €888,080 | €808,682 | €729,285 | €649,887 | ▼ 10.9% |
| Financial fixed assets28 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Current assets29/58 | €60,689 | €28,995 | €82,755 | €139,851 | €91,049 | ▼ 34.9% |
| Amounts receivable within one year40/41 | - | - | - | €50,000 | €50,000 | = |
| Other amounts receivable41 | - | - | - | €50,000 | €50,000 | = |
| Cash at bank and in hand54/58 | €60,689 | €28,995 | €82,755 | €89,851 | €41,049 | ▼ 54.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.2m | €3.1m | €3.1m | €2.9m | ▼ 4.2% |
| Equity10/15 | €1.6m | €1.7m | €1.8m | €1.7m | €1.8m | ▲ 3.9% |
| Contributions10/11 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Capital10 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Issued capital100 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Reserves13 | €220,244 | €200,209 | €180,174 | €160,139 | €140,104 | ▼ 12.5% |
| Non-distributable reserves130/1 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Legal reserve130 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Tax-exempt reserves132 | €140,244 | €120,209 | €100,174 | €80,139 | €60,104 | ▼ 25.0% |
| Profit (loss) carried forward14 | €601,708 | €717,415 | €799,987 | €766,080 | €853,420 | ▲ 11.4% |
| Provisions and deferred taxes16 | €72,215 | €61,898 | €51,582 | €41,265 | €30,949 | ▼ 25.0% |
| Deferred taxes168 | €72,215 | €61,898 | €51,582 | €41,265 | €30,949 | ▼ 25.0% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.3m | €1.3m | €1.1m | ▼ 14.4% |
| Amounts payable after more than one year17 | €1.1m | €1.2m | €1.2m | €1.0m | €929,101 | ▼ 9.0% |
| Financial debts170/4 | €1.1m | €1.2m | €1.2m | €1.0m | €929,101 | ▼ 9.0% |
| Amounts payable within one year42/48 | €276,055 | €145,805 | €148,694 | €195,536 | €170,990 | ▼ 12.6% |
| Current portion of amounts payable after more than one year42 | €58,408 | €77,858 | €80,747 | €136,734 | €113,820 | ▼ 16.8% |
| Other amounts payable47/48 | €217,647 | €67,947 | €67,947 | €58,802 | €57,170 | ▼ 2.8% |
| Accrued charges and deferred income492/3 | - | - | - | €68,532 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,784 | €95,673 | €62,537 | -€53,942 | €67,306 | ▲ 225% |
| + Depreciation and write-downs630 | €79,398 | €79,398 | €79,398 | €79,398 | €79,398 | = |
| Operating cash flow (approximation) | €132,182 | €175,070 | €141,934 | €25,456 | €146,703 | ▲ 476% |
| Investment in fixed assets (approximation) | - | -€188,341 | €0 | €63,317 | €0 | ▼ 100% |
| Change in cash | - | -€31,695 | €53,760 | €7,096 | -€48,802 | ▼ 788% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €67,306
Net result €67,306 after one loss-making year.
11-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€53,942
Net result drops to -€53,942, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €52,784
Net result €52,784 after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek
Ground area
449 m²
Building footprint
248 m²
Volume, LiDAR
6,842 m³
Parcel 21906D0001/00H007, Brussels · tallest building 30.6 m, ±9 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0001/00H007 | Brussels | 449 m² | 1 · 248 m² | 30.6 m · 9 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600GYJOBRO7N16U45
Company details
Identification
Legal formPublic limited company
Founded27-10-1995
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 1 October 2026 · Peppol Directory
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