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MILICARE

Active
Private limited companyfounded 20242 yrs activeMoeskroensesteenweg(Aal) 26, 8511 Kortrijk, BelgiumKBO/BCE: BE 1014.464.206
Summary

The computed 12-month bankruptcy probability of MILICARE is 3.1% (moderate). The 2025 annual accounts show negative equity (-€5,491) and a net result of -€7,491. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€11,631total assets 2025
Equity
-€5,491
Loss
-€7,491
Turnover not published (abridged schema)
Financial health
48 Fair Checked score 2025
Bankruptcy chance 12 m
3.1%
Structure
Accounts 49 d early0 of 2 deeds read
Why 48- No main activity registered- 1 change of registered office in 24 months+ Size: total assets €11,631+ Figures for FY 2025 (filed 12-06-2026)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 15% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 0
equity -47.2% of total assets
Liquidity 50
short-term debt 141.4% · cash 68.5%
Profitability 0
return on assets -64.4%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2025: 2.4%lowest value 12-2025: 2.5%▲ +2.5% vs 11-2025 01-2026: 7.9%▲ +217% vs 12-2025 02-2026: 8.2%▲ +3.7% vs 01-2026 03-2026: 8.8%▲ +7.6% vs 02-2026 04-2026: 8.8%● 0.0% vs 03-2026 05-2026: 8.9%▲ +0.9% vs 04-2026highest value 06-2026: 8.9%● 0.0% vs 05-2026highest value 07-2026: 3.1%▼ -64.9% vs 06-2026 08-2026: 3.1%● 0.0% vs 07-2026 09-2026: 3.1%● 0.0% vs 08-2026 10-2026: 3.1%▲ +0.5% vs 09-2026
  • Size: total assets €11,631 lowers the probability for this profile
  • No main activity registered raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 12-06-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.71; short-term debt: 141.4% and cash: 68.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 35%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €11,631
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 12-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 12-06-2026, 49 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
49 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€5,491 View
  • Total assets 2025first fiscal year filed €11,631 View
  • Active since 2024founded 01-10-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€11,631
Loss
-€7,491
Solvency
-47.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Founded
01-10-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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