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MILITZA BRUGGE

Active
Private limited companyfounded 2013active for 13 yearsNoorweegse Kaai 24, 8000 Brugge, BelgiumKBO/BCE: BE 0538.617.145
Summary

The computed 12-month bankruptcy probability of MILITZA BRUGGE is 4.3% (elevated). The 2024 annual accounts show negative equity (-€757,959) and a net result of -€331,722. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 6% of 689 sector peers (NACE 87, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MILITZA BRUGGEActiveChecked score 46/100
Risk analysis ReportCompare

Overview

Activity
Residential care activities
NACE 87302
Fastest staff growth in Bruges, Health and social work sector1 site
Size
€3.5mturnover 2024
Staff
21.5 FTE
Equity
-€757,959
Loss
-€331,722
Financial health
46 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Structure
Parent
HOMYAR · 100%
  • ZAMR HoldingDirector · permanent representative Lieven BATEN
2025 accounts not filed, 87 days past the deadline2 of 6 deeds summarised
Why 46raises riskLiquidity: current ratio 0.46, cash €1,997, halved1 financial year not filed after the legal deadline; last filed accounts filed 89 days late; 2 of the last 3 lateLoss of €331,722, the second in a row (financial year 2024)lowers riskSector: Residential care activities (NACE 87)Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 87, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -58.5% of total assets
Liquidity 16+12
short-term debt 64.2% · cash 0.2%
Profitability 0=
return on assets -25.6%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (614 companies, NACE 87, small)
Last 24 months 11-2024: 3.3%lowest value 12-2024: 3.3%● unchanged vs 11-2024lowest value 01-2025: 3.4%▲ +0.1 percentage points vs 12-2024 02-2025: 3.5%▲ +0.1 percentage points vs 01-2025 03-2025: 3.5%● unchanged vs 02-2025 04-2025: 3.4%▼ -0.1 percentage points vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 3.6%▲ +0.2 percentage points vs 05-2025 07-2025: 3.8%▲ +0.2 percentage points vs 06-2025 08-2025: 3.7%▼ -0.1 percentage points vs 07-2025 09-2025: 3.7%● unchanged vs 08-2025 10-2025: 3.5%▼ -0.2 percentage points vs 09-2025 11-2025: 3.5%● unchanged vs 10-2025 12-2025: 5.1%▲ +1.6 percentage points vs 11-2025 01-2026: 5.1%● unchanged vs 12-2025 02-2026: 5.1%● unchanged vs 01-2026highest value 03-2026: 5.1%● unchanged vs 02-2026 04-2026: 5.0%▼ -0.1 percentage points vs 03-2026 05-2026: 5.0%● unchanged vs 04-2026 06-2026: 4.8%▼ -0.2 percentage points vs 05-2026 07-2026: 4.8%● unchanged vs 06-2026 08-2026: 4.7%▼ -0.1 percentage points vs 07-2026 09-2026: 4.5%▼ -0.2 percentage points vs 08-2026 10-2026: 4.3%▼ -0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.46, compared with 0.36 in 2023, below 1; short-term debt: 64.2% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, small): better than 4% on solvency, 7% on liquidity, 4% on profitability and 44% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.46, cash €1,997, halved
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 89 days late; 2 of the last 3 late
NBB · filings
raises risk · Loss of €331,722, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€757,959
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 89 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
89 days late
2023
51 days late
2022
32 days early
2021
60 days early
2020
54 days early
2019
59 days early
← 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 11 days before the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Resignations: 3RM (director) and Luc KLUPPELS…Appointment: ZAMR Holding (director) ·…
  3. Resignation: Morander BV (director)Permanent representative: Birgit Dullaert ·…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€757,959 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€331,722 View
  • Caution: Equity fell in 2024from -€426,236 to -€757,959 ▼ 77.8% View
  • Caution: Among the weakest 7% on solvencysector median 37.3% · 689 companies -58.5% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Controlled by HOMYARultimately: 3RM 100% View

By topic

Financials

Financial year
2024
Turnover
€3.5m
Loss
-€331,722
Solvency
-58.5%
Turnover▲ 11.8%
Net result
20222024
Go to Financials

Timeline

Events
16
Since
2015
  1. 20-09-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 29-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Residential care activitiesNACE 87302
Founded
12-09-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MILITZA BRUGGE

What is the company number of MILITZA BRUGGE?
0538.617.145. In Belgium the VAT number is the company number with BE in front: BE 0538.617.145.
Where is MILITZA BRUGGE based?
The registered office is at Noorweegse Kaai 24, 8000 Brugge.Company details
What does MILITZA BRUGGE do?
According to the KBO register, the main activity is residential care activities (NACE 87302).
What is the legal form of MILITZA BRUGGE?
Private limited company (BV).
When was MILITZA BRUGGE founded?
On 12-09-2013.
Is MILITZA BRUGGE still active?
Yes, MILITZA BRUGGE is an active enterprise in the KBO register.
How many employees does MILITZA BRUGGE have?
On average 21.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MILITZA BRUGGE?
€3.5m in financial year 2024, according to the filed annual accounts.
Is MILITZA BRUGGE profitable?
In financial year 2024, MILITZA BRUGGE made a loss of €331,722.
Where can I find the annual accounts of MILITZA BRUGGE?
MILITZA BRUGGE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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