MILITO

Active

Private limited company (pre-2019)founded 200323 yrs activeLeeuwerkstraat (Mol) 5, 3640 Kinrooi, BelgiumKBO/BCE: BE 0479.484.856

MILITO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 15867 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

56 / 100

Fair▲ +56 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency14▼-27

Growth58=

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.92 against 0.86 in 2023), and 93.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

6.5%

Return on assets

14.5%

Age of the figures

20 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 15867 sector peers (2024).

NBB · sector comparison

Position among 15867 sector peers

Solvency

better than 25%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

29 d early

2023

64 d early

2022

18 d early

2021

53 d early

2020

52 d early

2019

32 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€1k

2023 · €-2k

2018: €5k 2019: €2k 2020: €652 2021: €-4k 2022: €-2k 2023: €-2k

2018 → 2024

Total assets

€22k▲ 109%

2023 · €11k

2018: €26k 2019: €20k 2020: €14k 2021: €12k 2022: €13k 2023: €11k

2018 → 2024

Net result

€3k▲ 370%

2023 · €682

2018: €-1k 2019: €-2k 2020: €-2k 2021: €-5k 2022: €1k 2023: €682

2018 → 2024

Working capital

€-2k▲ 5.8%

2023 · €-2k

2018: €-4k 2019: €-2k 2020: €-834 2021: €-4k 2022: €-2k 2023: €-2k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€652-€-4k€-2k▲ 37.1%€-2k▲ 27.7%€1k

Operating result€-1k-€-5k▼ 277%€2k€947▼ 38.5%€5k▲ 385%

Net result€-2k-€-5k▼ 193%€1k€682▼ 52.9%€3k▲ 370%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 385% above 2023 and is the highest year so far.

Balance-sheet composition

Assets €22k

14.1%

85.9%

Fixed assets €3k

Current assets €19k

Equity and liabilities €22k

93.5%

Equity €1k

Debt €21k

Debt finances 93.5% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€5k

Cash flow

€4k

Solvency

6.5%▲

2023 · -16.9%

Current ratio

0.92▲

2023 · 0.86

Quick ratio

0.76▲

2023 · 0.55

Debt / equity

14.46▲

2023 · -6.93

ROE

224.8%▲

2023 · -38.4%

ROA

14.5%▲

2023 · 6.5%

Interest coverage

11.42

Debt

€21k▲

2023 · €12k

Debt ≤ 1 year

€21k▲

2023 · €12k

Income taxes

€937

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€11k€22k▲

Fixed assets21/28-€3k

Tangible fixed assets22/27-€3k

Plant, machinery and equipment23-€3k

Current assets29/58€11k€19k▲

Stocks and contracts in progress3€4k€3k▼

Stocks30/36€4k€3k▼

Amounts receivable within one year40/41€5k€10k▲

Trade receivables40€5k€9k▲

Other amounts receivable41€111€591▲

Cash at bank and in hand54/58€2k€6k▲

Deferred charges and accrued income490/1-€220

Equity and liabilities

Total equity and liabilities10/49€11k€22k▲

Equity10/15€-2k€1k▲

Contributions10/11€19k€19k=

Reserves13€522€522=

Non-distributable reserves130/1€522€522=

Reserves not available under the articles1311€522€522=

Profit (loss) carried forward14€-21k€-18k▲

Amounts payable17/49€12k€21k▲

Amounts payable within one year42/48€12k€21k▲

Trade debts44€4k€10k▲

Suppliers440/4€4k€10k▲

Taxes, remuneration and social security45-€937

Taxes450/3-€937

Other amounts payable47/48€8k€10k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€659

Other operating charges640/8€364€896▲

Non-recurring operating charges66A-€2k

Gross operating margin9900€1k€8k▲

Operating profit (loss)9901€947€5k▲

Financial income75/76B€4€1▼

Recurring financial income75€4€1▼

Financial charges65/66B€270€460▲

Recurring financial charges65€270€460▲

Profit (loss) for the period before taxes9903€682€4k▲

Income taxes67/77-€937

Profit (loss) for the period9904€682€3k▲

Profit (loss) for the period to be appropriated9905€682€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-21k€-18k▲

Profit (loss) brought forward from the previous period14P€-22k€-21k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €3k ▲370%

Operating result €5k, net result €3k, both a record.

28-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

13-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €1k

Net result €1k after 4 loss-making years.

08-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €-5k

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

09-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

29-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

01-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

22-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

27-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Kinrooi · 1 establishment unit since 2003

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leeuwerkstraat (Mol) 53640 Kinrooi

Ground area

371 m²

Building footprint

85 m²

Volume, LiDAR

451 m³

Parcel 72023D0501/00K000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MILITO

Leeuwerkstraat (Mol) 5, 3640 KinrooiNACE 51360

since 20032.137.431.523

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72023D0501/00K000	Flanders	371 m²	1 · 85 m²	8.4 m · 2 fl.

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.

Similar companies · same sector, comparable size

Sint-Jans-Molenbeek · Eq €2k

Of 450 companies in sector 46360 we hold annual accounts for 284. 36 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded06-02-2003

Fiscal year end31-12

Activities, NACEBEL

46360Wholesale trade

46370Wholesale trade

47241Retail sale of bread and pastry (bakery outlets)

52240

Sources

Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.