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Mille Paste

Active
Private limited companyfounded 2004active for 22 yearsStationsstraat 31, 2440 Geel, BelgiumKBO/BCE: BE 0864.102.724
Summary

The computed 12-month bankruptcy probability of Mille Paste is 3.6% (moderate). The 2025 annual accounts show equity of €18,014 and a net result of €9,693. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 16,785 sector peers (NACE 56, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€152,174total assets 2025
Equity
€18,014
Profit
€9,693
Turnover not published (abbreviated or micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Accounts filed 28 days late2 of 3 deeds read
Why 50raises riskSector: Food and beverage service activities (NACE 56)Latest accounts 28 days late; 1 of the last 3 late1 change of registered office in 24 monthsLiquidity: current ratio 0.48, cash €5,166Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 37+8
equity 11.8% of total assets
Liquidity 24+8
short-term debt 58.7% · cash 3.4%
Profitability 71+33
return on assets 6.4%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025lowest value 04-2025: 2.2%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%▲ +0.3 percentage points vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025 08-2025: 3.7%▲ +1.0 percentage point vs 07-2025 09-2025: 4.7%▲ +1.0 percentage point vs 08-2025 10-2025: 4.9%▲ +0.2 percentage points vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 4.9%● unchanged vs 12-2025 02-2026: 9.0%▲ +4.1 percentage points vs 01-2026highest value 03-2026: 4.9%▼ -4.1 percentage points vs 02-2026 04-2026: 5.0%▲ +0.1 percentage points vs 03-2026 05-2026: 5.2%▲ +0.2 percentage points vs 04-2026 06-2026: 5.1%▼ -0.1 percentage points vs 05-2026 07-2026: 5.1%● unchanged vs 06-2026 08-2026: 5.8%▲ +0.7 percentage points vs 07-2026 09-2026: 3.6%▼ -2.2 percentage points vs 08-2026 10-2026: 3.6%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.48, compared with 0.45 in 2024, below 1; short-term debt: 58.7% and cash: 3.4% of total assets), and 88.2% of the assets are financed with debt and provisions.
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 56, micro): better than 35% on solvency, 20% on liquidity, 51% on profitability and 91% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
raises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Latest accounts 28 days late; 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.48, cash €5,166
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 days late
2024
60 days late
2023
23 days early
2022
33 days early
2021
33 days early
2020
33 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. Back to profitnet €9,693

Key points

  • Board2 directors in office 2 View
  • Total assets 20256 financial years filed €152,174 View
  • Active since 2004founded 17-03-2004 22 years View

By topic

Financials

Financial year
2025
Total assets
€152,174
Profit
€9,693
Solvency
11.8%
Total assets▼ 24.1%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2006
Next accounts
by 31-07-2027
  1. 29-09-2025Annual accounts filed
  2. 08-07-2024Annual accounts filed
  3. 19-02-2024Resignations: Wim Verachtert (manager) and Sophie De…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
17-03-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Annual meeting
Third Monday of June at 10:00
Purpose
“De exploitatie van hotel,restaurant,taverne en café,snackbar,de exploitatie van rust-en…” (deed in Dutch)
Go to Articles of association

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