MILHO
The computed 12-month bankruptcy probability of MILHO is 0.2% (very low). The 2024 annual accounts show equity of €206k and a net result of €-14k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1678 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €206k |
| Net result | €-14k |
| Better than sector | 95% |
| Active | 20 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.8% | 14.2% | |
| Net result | €-14k | €-276 | |
| Equity | €206k | €107k | |
| Gross operating margin | €-17k | €50k | |
| Employees (FTE) | 0.0 | 0.0 |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-14k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €209k |
| Equity | €206k |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €206k |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | 83.49 |
| Quick ratio | 83.49 |
| Working capital ratio | 98.8% |
| Solvency | 98.8% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -6.7% |
| ROE | -6.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €209k |
| Current assets | 29/58 | €209k |
| Amounts receivable within one year | 40/41 | €147k |
| Cash & bank | 54/58 | €61k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €209k |
| Equity | 10/15 | €206k |
| Contributions / capital | 10/11 | €200k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €-14k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-17k |
| Operating result | 9901 | €-18k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €497 |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | Real estate activities(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 26-12-2005 |
| Status | Active |
| Postal code | 8820 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0318/00P000 | Flanders | 1.4 ha | 1 · 6,893 m² | 10.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-11-2024 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0627.876.149",
"name": "BOFISC HOUTLAND",
"address": "Oude Gentweg 81",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0627.876.149",
"name": "BOFISC HOUTLAND",
"address": "Oude Gentweg 81",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Fran\u00E7ois Blontrock",
"firm_city": null,
"firm_name": "Blontrock \u0026 Vermeersch",
"office_city": "Brugge",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-21",
"filing_date": "2024-11-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-11-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0878.166.338",
"name_full": "MILHO",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Fran\u00E7ois Blontrock",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"een uitgifte van het proces-verbaal van de algemene vergadering",
"de geco\u00F6rdineerde tekst van de statuten"
],
"corrected_publication_numac": null
}23-11-2022 4 directors appointed
- BV "Lode Waes", Bestuurder
- BV "LATmIMMO", Bestuurder
- BV "Lode Waes", Gedelegeerd bestuurder
- BV "LATmIMMO", Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090 Melle",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering neemt kennis van en aanvaardt het verstrijken van de volgende mandaten: -Het mandaat van de BV \u0022Lode Waes\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2021"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering neemt kennis van en aanvaardt het verstrijken van de volgende mandaten: -Het mandaat van de BV \u0022LATmIMMO\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2022"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090 Melle",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Het mandaat is onbezoldigd, behoudens andersluidende beslissing van de algemene vergadering.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2021"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Het mandaat is onbezoldigd, behoudens andersluidende beslissing van de algemene vergadering.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2022"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090 Melle",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist om te herbenoemen als bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022Lode Waes\u0022",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist om te herbenoemen als bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022LATmIMMO\u0022",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Lode Waes",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090 Melle",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De heer Lode Waes voornoemd, optreden als vaste vertegenwoordiger voor de uitoefening van het bestuurdersmandaat van BV \u0022Lode Waes\u0022",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Joost Vanhaerents",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De heer Joost Vanhaerents voonoemd, optreden als vaste vertegenwoordiger voor de uitoefening van het bestuurdersmandaat van BV \u0022LATmIMMO\u0022",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Het bestuur erkent dat de mandaten van de gedelegeerd bestuurders verstreken waren ingevolge verstrijken van het mandaat van de bestuurders, en dit meer bepaald als volgt: -het mandaat van de BV \u0022Lode Waes\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2021"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhou",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Het bestuur erkent dat de mandaten van de gedelegeerd bestuurders verstreken waren ingevolge verstrijken van het mandaat van de bestuurders, en dit meer bepaald als volgt: -het mandaat van de BV \u0022LATmIMMO\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2022"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090 Melle",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Het bestuur wenst te herbenoemen als gedelegeerd bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022Lode Waes\u0022",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Het bestuur wenst te herbenoemen als gedelegeerd bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022LATmIMMO\u0022",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0479.826.039",
"name": "BV \u0022Lode Waes\u0022",
"address": "Galjoenstraat 12 bus 5.01, 9090",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Het bestuur wenst te herbenoemen als gedelegeerd bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022Lode Waes\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2021"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": "expiry",
"subkind": null,
"via_org": {
"kbo": "0897.764.989",
"name": "BV \u0022LATmIMMO\u0022",
"address": "Oude Gentweg 81, 8820 Torhout",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Het bestuur wenst te herbenoemen als gedelegeerd bestuurder van de vennootschap met ingang vanaf heden en dit voor een periode van zes jaar eindigend op de jaarlijkse algemene vergadering van 2028: -BV \u0022LATmIMMO\u0022",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_agm_year",
"value": "2022"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "Xavier Pattyn",
"address": null,
"birth_date": null,
"profession": "bestuurder",
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0444.895.646",
"name": "BV \u0022Bofisc Tax \u0026 Legal\u0022",
"address": "Koestraat 175B bus 2.2., 8800 Roeselare",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "3.Het bestuursorgaan beslist tevens om een bijzondere volmacht toe te kennen aan de hiernavolgende persoon, met mogelijkheid tot indeplaatsstelling, om al het nodige te doen om onderhavige besluiten van de algemene vergadering openbaar te maken en te publiceren in de Bijlagen van het Belgisch Staats",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "Xavier Pattyn",
"address": null,
"birth_date": null,
"profession": "bestuurder",
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0444.895.646",
"name": "BV \u0022Bofisc Tax \u0026 Legal\u0022",
"address": "Koestraat 175B bus 2.2., 8800 Roeselare",
"country": "BE",
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "3.Het bestuursorgaan beslist tevens om een bijzondere volmacht toe te kennen aan de hiernavolgende persoon, met mogelijkheid tot indeplaatsstelling, om al het nodige te doen om onderhavige besluiten van de algemene vergadering openbaar te maken en te publiceren in de Bijlagen van het Belgisch Staats",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-11-23",
"filing_date": "2022-11-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-09-23",
"unanimous": true
},
{
"body": "raad_van_bestuur",
"date": "2022-09-23",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0878.166.338",
"name_full": "MILHO",
"legal_form": "Naamloze vennootschap",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": "0444.895.646",
"org_name": "BV \u0022Bofisc Tax \u0026 Legal\u0022",
"person_name": "Xavier Pattyn",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MILHO |