MILEX
ActiveSummary
MILEX has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €482,366 and a net result of €71,876. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 60% of 245 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-17
Solvency78▲+8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.27 in 2024; short-term debt: 16.7% and cash: 10.4% of total assets), and 47% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
53%
Return on assets
7.9%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed 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 30 June (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€482,366▲ 17.5%
2024 · €410,490
Total assets
€910,003▲ 0.8%
2024 · €902,945
Net result
€71,876▼ 63.9%
2024 · €198,941
Working capital
€75,107▲ 94.8%
2024 · €38,551
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€122,430-€149,295▲ 21.9%€113,712▼ 23.8%
Net result€136,548within the sector's middle half-€198,941above the sector's middle half▲ 45.7%€71,876within the sector's middle half▼ 63.9%
Equity€211,548within the sector's middle half-€410,490within the sector's middle half▲ 94.0%€482,366above the sector's middle half▲ 17.5%
Total assets€708,694within the sector's middle half-€902,945within the sector's middle half▲ 27.4%€910,003within the sector's middle half▲ 0.8%
Debt€497,145-€492,456▼ 0.9%€427,637▼ 13.2%
Working capital-€18,844below the sector's middle half-€38,551within the sector's middle half€75,107within the sector's middle half▲ 94.8%
Solvency29.9%within the sector's middle half-45.5%within the sector's middle half▲ 15.6pp53.0%within the sector's middle half▲ 7.5pp
Current ratio0.84below the sector's middle half-1.27within the sector's middle half▲ 0.431.49within the sector's middle half▲ 0.22
Return on assets (ROA)19.3%above the sector's middle half-22.0%above the sector's middle half▲ 2.8pp7.9%within the sector's middle half▼ 14.1pp
above
within
below
the middle half (P25 to P75) of NACE 75, Veterinary activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €910,003
Fixed assets
€682,995 ▼ 5.5%
Current assets
€227,008 ▲ 25.8%
Equity and liabilities €910,003
Equity
€482,366 ▲ 17.5%
Debt
€427,637 ▼ 13.2%
Debt's share of the balance-sheet total falls from 54.5% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128,274▼
2024 · €151,937
Cash flow
€86,439▼
2024 · €201,583
Quick ratio
1.45▲
2024 · 1.22
Debt to equity
0.89▼
2024 · 1.20
ROE
14.9%▼
2024 · 48.5%
Interest coverage
7.77▼
2024 · 8.88
Debt ≤ 1 year
€151,900▲
2024 · €141,837
Debt > 1 year
€265,939▼
2024 · €343,951
Income taxes
€25,334▼
2024 · €33,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €756 | €2,642 | €14,562 | ▲ 451% |
| Other operating charges640/8 | €1,923 | €630 | €1,425 | ▲ 126% |
| Non-recurring operating charges66A | - | - | €1,500 | - |
| Gross operating margin9900 | €125,110 | €152,567 | €131,200 | ▼ 14.0% |
| Operating profit (loss)9901 | €122,430 | €149,295 | €113,712 | ▼ 23.8% |
| Financial income75/76B | €57,000 | €100,000 | €0 | ▼ 100.0% |
| Recurring financial income75 | €57,000 | €100,000 | €0 | ▼ 100.0% |
| Financial charges65/66B | €16,253 | €17,107 | €16,501 | ▼ 3.5% |
| Recurring financial charges65 | €16,253 | €17,107 | €16,501 | ▼ 3.5% |
| Profit (loss) for the period before taxes9903 | €163,177 | €232,189 | €97,211 | ▼ 58.1% |
| Income taxes67/77 | €26,629 | €33,247 | €25,334 | ▼ 23.8% |
| Profit (loss) for the period9904 | €136,548 | €198,941 | €71,876 | ▼ 63.9% |
| Profit (loss) for the period to be appropriated9905 | €136,548 | €198,941 | €71,876 | ▼ 63.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €708,694 | €902,945 | €910,003 | ▲ 0.8% |
| Fixed assets21/28 | €612,029 | €722,558 | €682,995 | ▼ 5.5% |
| Tangible fixed assets22/27 | €5,029 | €65,558 | €50,995 | ▼ 22.2% |
| Plant, machinery and equipment23 | - | €1,208 | €928 | ▼ 23.2% |
| Furniture and vehicles24 | €5,029 | €64,349 | €50,067 | ▼ 22.2% |
| Financial fixed assets28 | €607,000 | €657,000 | €632,000 | ▼ 3.8% |
| Current assets29/58 | €96,664 | €180,388 | €227,008 | ▲ 25.8% |
| Stocks and contracts in progress3 | €5,224 | €7,971 | €7,091 | ▼ 11.0% |
| Stocks30/36 | €5,224 | €7,971 | €7,091 | ▼ 11.0% |
| Amounts receivable within one year40/41 | €64,704 | €78,575 | €124,871 | ▲ 58.9% |
| Trade receivables40 | €27,639 | €20,831 | €21,237 | ▲ 1.9% |
| Other amounts receivable41 | €37,064 | €57,743 | €103,634 | ▲ 79.5% |
| Cash at bank and in hand54/58 | €23,889 | €93,842 | €95,046 | ▲ 1.3% |
| Deferred charges and accrued income490/1 | €2,848 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €708,694 | €902,945 | €910,003 | ▲ 0.8% |
| Equity10/15 | €211,548 | €410,490 | €482,366 | ▲ 17.5% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | - | - | €407,366 | - |
| Distributable reserves133 | - | - | €407,366 | - |
| Profit (loss) carried forward14 | €136,548 | €335,490 | - | - |
| Amounts payable17/49 | €497,145 | €492,456 | €427,637 | ▼ 13.2% |
| Amounts payable after more than one year17 | €363,098 | €343,951 | €265,939 | ▼ 22.7% |
| Financial debts170/4 | €363,098 | €343,951 | €265,939 | ▼ 22.7% |
| Amounts payable within one year42/48 | €115,509 | €141,837 | €151,900 | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | €62,049 | €75,048 | €78,012 | ▲ 3.9% |
| Trade debts44 | €12,776 | €2,779 | €5,183 | ▲ 86.5% |
| Suppliers440/4 | €12,776 | €2,779 | €5,183 | ▲ 86.5% |
| Taxes, remuneration and social security45 | €40,684 | €64,010 | €68,705 | ▲ 7.3% |
| Taxes450/3 | €38,670 | €61,978 | €68,705 | ▲ 10.9% |
| Remuneration and social security454/9 | €2,014 | €2,032 | - | - |
| Accrued charges and deferred income492/3 | €18,538 | €6,668 | €9,798 | ▲ 46.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €136,548 | €198,941 | €71,876 | ▼ 63.9% |
| + Depreciation and write-downs630 | €756 | €2,642 | €14,562 | ▲ 451% |
| Operating cash flow (approximation) | €137,304 | €201,583 | €86,439 | ▼ 57.1% |
| Investment in fixed assets (approximation) | - | -€113,170 | €25,000 | ▲ 122% |
| Change in cash | - | €69,953 | €1,204 | ▼ 98.3% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €71,876 ▼63.9%
Net result drops to €71,876, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2023net €198,941 ▲45.7%
Operating result €149,295, net result €198,941, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zoersel · 1 establishment unit since 2022
Ground area
1,108 m²
Building footprint
125 m²
Volume, LiDAR
236 m³
Parcel 11055D0020/00E002, Flanders · tallest building 10.9 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Milex
since 20222.338.520.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055D0020/00E002 | Flanders | 1,108 m² | 1 · 125 m² | 10.9 m |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of MILEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 6,089 companies in sector 75000 we hold annual accounts for 1,951. 1,372 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Contact
E-mail
doenja_b@hotmail.com
Phone
+3233242146
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794201851
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.