MILIMO
ActiveSummary
The computed 12-month bankruptcy probability of MILIMO is 3.0% (moderate). The 2024 annual accounts show equity of €240,768 and a net result of €74,768. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 61% of 6720 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+3
Solvency73▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.26 against 1.42 in 2023; short-term debt: 41% and cash: 49% of total assets), but 51.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
492 d late
2022
177 d late
2021
94 d late
2020
233 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 208 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€240,768▲ 45.0%
2023 · €166,000
Total assets
€500,211▲ 10.4%
2023 · €453,224
Net result
€74,768▲ 37.2%
2023 · €54,501
Working capital
€259,368▲ 172%
2023 · €95,394
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€9,970▲ 71.8%€26,053▲ 161%€46,194▲ 77.3%€87,648▲ 89.7%€111,699▲ 27.4%
Net result€7,049▲ 204%€18,451▲ 162%€31,289▲ 69.6%€54,501▲ 74.2%€74,768▲ 37.2%
Equity€61,759▲ 12.9%€80,210▲ 29.9%€111,499▲ 39.0%€166,000▲ 48.9%€240,768▲ 45.0%
Total assets€266,174▲ 21.2%€301,508▲ 13.3%€373,324▲ 23.8%€453,224▲ 21.4%€500,211▲ 10.4%
Debt€204,415▲ 24.0%€221,298▲ 8.3%€261,826▲ 18.3%€287,224▲ 9.7%€259,442▼ 9.7%
Working capital€50,926▲ 7.1%€33,719▼ 33.8%€30,198▼ 10.4%€95,394▲ 216%€259,368▲ 172%
Staff (FTE)4.2▼ 8.7%5.7▲ 35.7%6.8▲ 19.3%6.7▼ 1.5%6.5▼ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 27% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €500,211
Fixed assets
€35,576 ▼ 72.5%
Current assets
€464,635 ▲ 43.5%
Equity and liabilities €500,211
Equity
€240,768 ▲ 45.0%
Debt
€259,442 ▼ 9.7%
Debt's share of the balance-sheet total falls from 63.4% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118,563▼
2023 · €135,330
Cash flow
€81,632▼
2023 · €102,183
Current ratio
2.26▲
2023 · 1.42
Debt to equity
1.08▼
2023 · 1.73
ROE
31.1%▼
2023 · 32.8%
ROA
14.9%▲
2023 · 12.0%
Interest coverage
16.06▼
2023 · 18.93
Debt ≤ 1 year
€205,266▼
2023 · €228,382
Debt > 1 year
€54,176▼
2023 · €58,842
Income taxes
€29,548▲
2023 · €25,998
Staff costs
€241,128▲
2023 · €223,557
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €169,213 | €215,321 | €223,557 | €241,128 | ▲ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,708 | €12,861 | €25,506 | €47,681 | €6,864 | ▼ 85.6% |
| Other operating charges640/8 | - | €31,291 | €46,135 | €31,974 | €32,161 | ▲ 0.6% |
| Non-recurring operating charges66A | - | €550 | - | €204 | €1,070 | ▲ 425% |
| Gross operating margin9900 | €166,903 | €239,968 | €333,156 | €391,064 | €392,922 | ▲ 0.5% |
| Operating profit (loss)9901 | €9,970 | €26,053 | €46,194 | €87,648 | €111,699 | ▲ 27.4% |
| Financial income75/76B | - | €0 | €0 | - | €1 | - |
| Recurring financial income75 | €1 | €0 | €0 | - | €1 | - |
| Financial charges65/66B | - | €2,955 | €4,251 | €7,149 | €7,384 | ▲ 3.3% |
| Recurring financial charges65 | €2,664 | €2,955 | €4,251 | €7,149 | €7,384 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €7,306 | €23,098 | €41,942 | €80,499 | €104,316 | ▲ 29.6% |
| Income taxes67/77 | €257 | €4,648 | €10,653 | €25,998 | €29,548 | ▲ 13.7% |
| Profit (loss) for the period9904 | €7,049 | €18,451 | €31,289 | €54,501 | €74,768 | ▲ 37.2% |
| Profit (loss) for the period to be appropriated9905 | €7,049 | €18,451 | €31,289 | €54,501 | €74,768 | ▲ 37.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €266,174 | €301,508 | €373,324 | €453,224 | €500,211 | ▲ 10.4% |
| Fixed assets21/28 | €42,712 | €79,251 | €109,950 | €129,448 | €35,576 | ▼ 72.5% |
| Tangible fixed assets22/27 | €31,992 | €63,531 | €93,030 | €112,528 | €18,656 | ▼ 83.4% |
| Plant, machinery and equipment23 | - | - | - | €1,097 | €754 | ▼ 31.2% |
| Furniture and vehicles24 | - | €63,531 | €93,030 | €111,431 | €17,902 | ▼ 83.9% |
| Financial fixed assets28 | €10,720 | €15,720 | €16,920 | €16,920 | €16,920 | = |
| Current assets29/58 | €223,462 | €222,257 | €263,374 | €323,775 | €464,635 | ▲ 43.5% |
| Amounts receivable within one year40/41 | €123,768 | €160,109 | €193,949 | €92,536 | €217,439 | ▲ 135% |
| Trade receivables40 | - | €160,109 | €193,949 | €92,536 | €217,439 | ▲ 135% |
| Cash at bank and in hand54/58 | €96,429 | €60,919 | €62,197 | €225,146 | €244,903 | ▲ 8.8% |
| Deferred charges and accrued income490/1 | - | €1,228 | €7,228 | €6,093 | €2,293 | ▼ 62.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €266,174 | €301,508 | €373,324 | €453,224 | €500,211 | ▲ 10.4% |
| Equity10/15 | €61,759 | €80,210 | €111,499 | €166,000 | €240,768 | ▲ 45.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | €12,400 | €12,400 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €6,200 | €6,200 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €51,860 | €121,860 | ▲ 135% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €50,000 | €120,000 | ▲ 140% |
| Profit (loss) carried forward14 | €47,499 | €65,950 | €97,239 | €101,740 | €106,508 | ▲ 4.7% |
| Amounts payable17/49 | €204,415 | €221,298 | €261,826 | €287,224 | €259,442 | ▼ 9.7% |
| Amounts payable after more than one year17 | €31,879 | €32,760 | €28,649 | €58,842 | €54,176 | ▼ 7.9% |
| Financial debts170/4 | - | €32,760 | €28,649 | €58,842 | €54,176 | ▼ 7.9% |
| Amounts payable within one year42/48 | €172,537 | €188,538 | €233,176 | €228,382 | €205,266 | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | - | €37,099 | €48,713 | €37,845 | €35,856 | ▼ 5.3% |
| Trade debts44 | €23,424 | €21,566 | €29,511 | €33,189 | €47,243 | ▲ 42.3% |
| Suppliers440/4 | - | €21,566 | €29,511 | €33,189 | €47,243 | ▲ 42.3% |
| Taxes, remuneration and social security45 | - | €56,035 | €68,305 | €53,351 | €92,675 | ▲ 73.7% |
| Taxes450/3 | - | €23,087 | €35,271 | €30,093 | €68,064 | ▲ 126% |
| Remuneration and social security454/9 | - | €32,948 | €33,034 | €23,258 | €24,611 | ▲ 5.8% |
| Other amounts payable47/48 | - | €73,838 | €86,648 | €103,997 | €29,492 | ▼ 71.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,049 | €18,451 | €31,289 | €54,501 | €74,768 | ▲ 37.2% |
| + Depreciation and write-downs630 | €24,708 | €12,861 | €25,506 | €47,681 | €6,864 | ▼ 85.6% |
| Operating cash flow (approximation) | €31,758 | €31,312 | €56,795 | €102,183 | €81,632 | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | -€49,400 | -€56,205 | -€67,180 | €87,009 | ▲ 230% |
| Change in cash | - | -€35,510 | €1,278 | €162,949 | €19,757 | ▼ 87.9% |
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
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 492 days late
2024
31-12
Financial
Highest result since 2018net €74,768 ▲37.2%
Operating result €111,699, net result €74,768, both a record.
31-12
Financial
Equity above €200,000Eq €240,768 ▲45%
7 profitable years in a row build equity to €240,768.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 177 days late
2023
31-12
Financial
Equity above €150,000Eq €166,000 ▲48.9%
6 profitable years in a row build equity to €166,000.
2022
31-12
Financial
Equity above €100,000Eq €111,499 ▲39%
5 profitable years in a row build equity to €111,499.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
21-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 233 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €2,316 ▼88%
Net result drops to €2,316, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
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
5 acts for this company are 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, Sint-Agatha-Berchem · 2 establishment units since 2012
Ground area
483 m²
Building footprint
360 m²
Volume, LiDAR
2,483 m³
2 parcels, Brussels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
2 establishment units
MILIMO
since 20122.213.443.889
MILIMO TRANS
since 20222.343.745.771
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
| 23095B0185/00L002 | Flanders | 193 m² | 1 · 67 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Agatha-Berchem2.213.443.889
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,295. 1,051 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
Founded04-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Contact
Phone
+32488797466
E-mail
n.straton@milimo.beSint-Agatha-Berchem
Scores and ratios are computed by Checked and are not a credit decision.