MILIEN MANAGEMENT
ActiveSummary
The annual accounts of MILIEN MANAGEMENT for fiscal year 2025 show a net loss of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €77 and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31694 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-15
Solvency25▼-3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.45 against 0.54 in 2024; short-term debt: 31.1% and cash: 0.7% of total assets), and 100% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
-2.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
23 d early
2023
34 d early
2022
1 d early
2021
41 d early
2020
on the day
2019
14 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77▼ 99.1%
2024 · €8k
2019: €16k
2020: €2k
2021: €-38k
2022: €-7k
2023: €-13k
2024: €8k
2019 → 2025
Total assets
€286k▲ 3.4%
2024 · €276k
2019: €383k
2020: €338k
2021: €318k
2022: €329k
2023: €295k
2024: €276k
2019 → 2025
Net result
€-8k
2024 · €8k
2019: €4k
2020: €-14k
2021: €-39k
2022: €31k
2023: €-6k
2024: €8k
2019 → 2025
Working capital
€-49k▼ 52.5%
2024 · €-32k
2019: €3k
2020: €-15k
2021: €-58k
2022: €-35k
2023: €-50k
2024: €-32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-38k-€-7k▲ 82.4%€-13k▼ 90.4%€8k€77▼ 99.1%
Operating result€-19k-€50k€23k▼ 53.4%€25k▲ 7.1%€7k▼ 72.0%
Net result€-39k-€31k€-6k€8k€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€246k ▲ 3.3%
Current assets
€40k ▲ 4.3%
Equity and liabilities €286k
Equity
€77 ▼ 99.1%
Provisions
€197k ▼ 0.4%
Debt
€89k ▲ 26.3%
Debt's share of the balance-sheet total rises from 25.4% to 31.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €42k
Cash flow
€9k▼
2024 · €26k
Current ratio
0.45▼
2024 · 0.54
ROA
-2.9%▼
2024 · 3.1%
Interest coverage
1.66▼
2024 · 2.62
Debt ≤ 1 year
€89k▲
2024 · €70k
Income taxes
€250▼
2024 · €264
Equity ratios withheld: equity of €77 is too small for a meaningful ratio.
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€276k€286k▲
Fixed assets21/28€238k€246k▲
Tangible fixed assets22/27€238k€246k▲
Land and buildings22€8k€5k▼
Furniture and vehicles24€365€23k▲
Leasing and similar rights25€226k€214k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€38k€40k▲
Amounts receivable within one year40/41€30k€33k▲
Trade receivables40€30k€31k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€276k€286k▲
Equity10/15€8k€77▼
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-11k€-20k▼
Provisions and deferred taxes16€198k€197k▼
Provisions for liabilities and charges160/5€198k€197k▼
Environmental obligations163€198k€197k▼
Amounts payable17/49€70k€89k▲
Amounts payable within one year42/48€70k€89k▲
Current portion of amounts payable after more than one year42€22k-
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€2k€250▼
Taxes450/3€2k€250▼
Other amounts payable47/48€42k€84k▲
Income statement
Code20242025
Non-recurring operating income76A€712€854▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€45k€28k▼
Operating profit (loss)9901€25k€7k▼
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€15k▼
Profit (loss) for the period before taxes9903€9k€-8k▼
Income taxes67/77€264€250▼
Profit (loss) for the period9904€8k€-8k▼
Profit (loss) for the period to be appropriated9905€8k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-20k▼
Profit (loss) brought forward from the previous period14P€-20k€-11k▲
The notes to these accounts (7 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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
20-01
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 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, Havelange · 1 establishment unit since 2008
Ground area
733 m²
Building footprint
81 m²
Parcel 91064B0118/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MILIEN MANAGEMENT
since 20082.172.191.670
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91064B0118/00H000 | Wallonia | 733 m² | 1 · 81 m² | - |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,572. 470 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
Founded23-07-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
90391Promotion and organisation of arts and performing arts events
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.