Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €426,452 falls due within a year.
Less equity than 95% of companies in real estate. Sector median €86,468 · 19,833 companies.
In July 2024, 519 companies had the same profile as MILLENIUM CONSTRUCT has now. Each dot stands for 2 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 519 companies, not a prediction for MILLENIUM CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MILLENIUM CONSTRUCT Evere | €79,946 | 39.3% | -24.5% | - |
| Univers City Jemeppe-sur-Sambre | - | - | 54.4% | - |
| VICTUS Hasselt | - | - | 32.8% | 0 |
| FABIEN DEROANNE Dison | - | - | 29.2% | - |
| PN CREATIONS Lokeren | - | - | 90.8% | - |
| VANRO Jalhay | €386,816 | 14.2% | 14.8% | - |
| DEN BEK Ninove | - | - | 63.4% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MILLENIUM CONSTRUCT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €514,000 and €635,000, founded between 1999 and 2002.
MILLENIUM CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€6,988 in 2010 to €70,706 in 2025.
The balance sheet grew most from 2012 to 2013 through fixed assets.
In February 2024, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 9% of 19,813 companies in 2025.
Higher than 7% of 18,987 companies in 2025.
Higher than 56% of 19,456 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
559,991 | 589,223 | 616,643 | 641,237 | 669,665 | 703,513 | 740,004 | 781,617 | 811,032 | 857,389 | 897,691 | 942,588 | 984,436 | 909,541 | 61,732 | 61,732 | 61,732 | 61,732 | 61,732 | |
21/28 |
538,347 | 567,085 | 595,823 | 624,561 | 655,888 | 692,317 | 728,745 | 765,062 | 804,164 | 843,797 | 891,601 | 939,405 | 965,637 | 865,946 | 56,502 | 56,502 | 56,502 | 56,502 | 56,502 | |
22/27 |
536,647 | 565,385 | 594,123 | 622,861 | 655,888 | 692,317 | 728,745 | 765,062 | 804,164 | 843,797 | 891,601 | 939,405 | 965,637 | 865,946 | 56,502 | 56,502 | 56,502 | 56,502 | 56,502 | |
22 |
313,161 | 326,667 | 340,173 | 353,679 | 367,185 | 380,692 | 394,198 | 407,704 | 421,210 | 434,716 | 456,012 | 477,307 | 498,603 | 520,886 | 56,502 | 56,502 | 56,502 | 56,502 | 56,502 | |
23 |
223,487 | 238,718 | 253,950 | 269,182 | 288,703 | 311,625 | 334,548 | 357,359 | 382,954 | 409,081 | 435,589 | 462,097 | 467,034 | 345,060 | - | - | - | - | - | |
28 |
1,700 | 1,700 | 1,700 | 1,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
21,644 | 22,138 | 20,820 | 16,676 | 13,777 | 11,196 | 11,258 | 16,555 | 6,868 | 13,592 | 6,090 | 3,184 | 18,799 | 43,595 | 5,230 | 5,230 | 5,230 | 5,230 | 5,230 | |
40/41 |
- | - | - | - | - | - | - | 185 | 1,385 | 1,200 | 1,996 | - | - | - | - | - | - | - | - | |
40 |
- | - | - | - | - | - | - | - | 1,385 | 1,200 | 1,996 | - | - | - | - | - | - | - | - | |
41 |
- | - | - | - | - | - | - | 185 | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
21,644 | 22,138 | 20,820 | 16,676 | 13,777 | 11,196 | 11,258 | 16,370 | 5,483 | 12,392 | 4,094 | 2,945 | 18,799 | 43,595 | 5,230 | 5,230 | 5,230 | 5,230 | 5,230 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | 238 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
559,991 | 589,223 | 616,643 | 641,237 | 669,665 | 703,513 | 740,004 | 781,617 | 811,032 | 857,389 | 897,691 | 942,588 | 984,436 | 909,541 | 61,732 | 61,732 | 61,732 | 61,732 | 61,732 | |
10/15 |
-137,141 | -150,336 | -163,732 | -178,401 | -184,524 | -185,668 | -182,106 | -178,940 | -172,056 | -152,319 | -138,765 | -118,487 | -92,752 | -15,465 | 51,378 | 51,378 | 59,906 | 59,906 | 59,906 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
14 |
-199,141 | -212,336 | -225,732 | -240,401 | -246,524 | -247,668 | -244,106 | -240,940 | -234,056 | -214,319 | -200,765 | -180,487 | -154,752 | -77,465 | -10,622 | -10,622 | -2,094 | -2,094 | -2,094 | |
17/49 |
697,132 | 739,559 | 780,375 | 819,638 | 854,189 | 889,181 | 922,110 | 960,557 | 983,088 | 1.0m | 1.0m | 1.1m | 1.1m | 925,006 | 10,354 | 10,354 | 1,826 | 1,826 | 1,826 | |
17 |
270,680 | 316,139 | 359,247 | 400,127 | 438,193 | 473,956 | 508,817 | 541,877 | 573,227 | 601,257 | 629,450 | 656,185 | 681,538 | - | - | - | - | - | - | |
170/4 |
267,280 | 312,739 | 355,847 | 396,727 | 436,493 | 472,256 | 507,117 | 540,177 | 571,527 | 601,257 | 629,450 | 656,185 | 681,538 | - | - | - | - | - | - | |
178/9 |
3,400 | 3,400 | 3,400 | 3,400 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | - | - | - | - | - | - | - | - | - | - | |
42/48 |
426,452 | 423,421 | 421,113 | 419,512 | 415,996 | 415,225 | 413,293 | 418,680 | 409,860 | 408,451 | 407,007 | 404,890 | 395,650 | 925,006 | 10,354 | 10,354 | 1,826 | 1,826 | 1,826 | |
42 |
45,459 | 43,108 | 40,880 | 38,673 | 35,762 | 34,862 | 33,059 | 31,489 | 29,730 | 28,193 | 26,735 | 25,353 | 24,042 | 583,609 | - | - | - | - | - | |
44 |
682 | - | - | 605 | - | 130 | - | - | - | 925 | 1,538 | 2,254 | 1,334 | 32,323 | - | - | - | - | - | |
440/4 |
682 | - | - | 605 | - | 130 | - | - | - | 925 | 1,538 | 2,254 | 1,334 | 32,323 | - | - | - | - | - | |
47/48 |
380,312 | 380,312 | 380,233 | 380,233 | 380,233 | 380,233 | 380,233 | 387,191 | 380,131 | 379,333 | 378,733 | 377,283 | 370,274 | 309,074 | 10,354 | 10,354 | 1,826 | 1,826 | 1,826 | |
492/3 |
- | - | 15 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70 |
79,946 | 80,691 | 82,847 | 80,590 | - | 76,465 | 78,528 | 78,366 | - | - | - | 73,874 | 41,870 | - | - | - | - | - | - | |
76A |
- | - | - | - | 222 | - | 227 | - | - | - | - | 1,658 | - | - | - | - | - | - | - | |
9900 |
70,706 | 73,233 | 75,943 | 72,698 | 72,253 | 69,311 | 71,063 | 71,515 | 60,480 | 76,123 | 71,078 | 65,382 | 36,385 | -26,519 | - | -6,988 | - | - | - | |
60/61 |
9,240 | 7,458 | 6,904 | 7,891 | - | 7,154 | 7,692 | 6,851 | - | - | - | 8,493 | 5,485 | 26,519 | - | 6,988 | - | - | - | |
630 |
28,738 | 28,738 | 28,738 | 33,027 | 36,429 | 36,429 | 36,540 | 39,101 | 39,633 | 47,804 | 47,804 | 47,804 | 46,765 | 36,759 | - | - | - | - | - | |
640/8 |
10,543 | 10,609 | 9,823 | 8,964 | 8,062 | 8,002 | 7,512 | 7,361 | 7,208 | 7,068 | 7,330 | 7,309 | 437 | 2,468 | - | - | - | - | - | |
9901 |
31,425 | 33,886 | 37,381 | 30,707 | 27,763 | 24,880 | 27,011 | 25,052 | 13,639 | 21,251 | 15,944 | 10,269 | -10,817 | -65,746 | - | -6,988 | - | - | - | |
75/76B |
- | - | - | - | - | - | - | 1 | 0 | - | 1 | 9 | 41 | 32 | - | - | - | - | - | |
75 |
- | - | - | - | - | - | - | 1 | 0 | - | 1 | 9 | 41 | 32 | - | - | - | - | - | |
65/66B |
18,230 | 20,491 | 22,712 | 24,584 | 26,620 | 28,442 | 30,177 | 31,937 | 33,376 | 34,805 | 36,223 | 37,671 | 66,510 | 1,129 | - | 1,540 | - | - | - | |
65 |
18,230 | 20,491 | 22,712 | 24,584 | 26,620 | 28,442 | 30,177 | 31,937 | 33,376 | 34,805 | 36,223 | 37,671 | 66,510 | 1,129 | - | 1,540 | - | - | - | |
9903 |
13,195 | 13,396 | 14,669 | 6,123 | 1,143 | -3,561 | -3,166 | -6,884 | -19,737 | -13,554 | -20,278 | -25,735 | -77,286 | -66,843 | - | -8,528 | - | - | - | |
67/77 |
- | - | - | - | - | - | - | 0 | - | - | - | - | 1 | - | - | - | - | - | - | |
9904 |
13,195 | 13,396 | 14,669 | 6,123 | 1,143 | -3,561 | -3,166 | -6,884 | -19,737 | -13,554 | -20,278 | -25,735 | -77,287 | -66,843 | - | -8,528 | - | - | - | |
9905 |
13,195 | 13,396 | 14,669 | 6,123 | 1,143 | -3,561 | -3,166 | -6,884 | -19,737 | -13,554 | -20,278 | -25,735 | -77,287 | -66,843 | - | -8,528 | - | - | - | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-199,141 | -212,336 | -225,732 | -240,401 | -246,524 | -247,668 | -244,106 | -240,940 | -234,056 | -214,319 | -200,765 | -180,487 | -154,752 | -77,465 | -10,622 | -10,622 | -2,094 | -2,094 | -2,094 | |
14P |
-212,336 | -225,732 | -240,401 | -246,524 | -247,668 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00188735 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00465624 | |
| 31-12-2023 | micro format | 06-05-2024 | 2024-00083154 | |
| 31-12-2022 | micro format | 27-11-2023 | 2023-00517690 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20409146 | |
| 31-12-2020 | full format | 27-07-2021 | 2021-42800217 | |
| 31-12-2019 | micro format | 28-09-2020 | 2020-56400049 | |
| 31-12-2018 | micro format | 12-09-2019 | 2019-64200382 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52400294 | |
| 31-12-2016 | micro format | 28-06-2017 | 2017-23400098 | |
| 31-12-2015 | full format | 24-08-2016 | 2016-47300220 | |
| 31-12-2014 | full format | 14-10-2015 | 2015-64800471 | |
| 31-12-2013 | full format | 24-10-2014 | 2014-65400395 | |
| 31-12-2012 | full format | 14-02-2014 | 2014-03800092 | |
| 31-12-2011 | full format | 07-06-2013 | 2013-16100081 | |
| 31-12-2010 | full format | 07-06-2013 | 2013-16100077 | |
| 31-12-2009 | full format | 10-01-2011 | 2011-00600238 | |
| 31-12-2008 | full format | 30-09-2009 | 2009-78700002 | |
| 31-12-2007 | full format | 29-10-2008 | 2008-79600347 | |
| 31-12-2005 | full format | 14-07-2006 | 2006-47001940 | |
| 31-12-2004 | full format | 16-11-2005 | 2005-86201572 | |
| 31-12-2003 | full format | 24-12-2004 | 2004-87700906 | |
| 31-12-2002 | full format | 17-12-2003 | 2003-83704286 | |
| 31-12-2001 | full format | 27-01-2003 | 2003-02504213 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60,163 | 62,624 | 66,119 | 63,734 | 64,192 | 61,309 | 63,551 | 64,154 | 53,272 | 69,055 | 63,748 | 58,073 | 35,948 | -28,987 | - | - | - | - | - | ||
| 41,933 | 42,134 | 43,407 | 39,150 | 37,572 | 32,867 | 33,374 | 32,217 | 19,896 | 34,250 | 27,525 | 22,069 | -30,522 | -30,084 | - | - | - | - | - | ||
| 0 | 0 | 0 | 1,700 | 0 | 0 | 223 | 0 | 0 | 0 | 0 | 19,914 | 146,456 | 809,444 | - | - | - | - | - | ||
| -494 | 1,318 | 4,144 | 2,900 | 2,580 | -62 | -5,111 | 10,887 | -6,909 | 8,298 | 1,149 | -15,854 | -24,796 | 38,365 | 0 | 0 | 0 | 0 | - | ||
| -404,809 | -401,283 | -400,293 | -402,835 | -402,219 | -404,029 | -402,034 | -402,126 | -402,992 | -394,859 | -400,917 | -401,707 | -376,851 | -881,411 | -5,124 | -5,124 | 3,404 | 3,404 | 3,404 | ||
| 39.3% | 42.0% | 45.1% | 38.1% | - | 32.5% | 34.4% | 32.0% | - | - | - | 13.9% | -25.8% | - | - | - | - | - | - | ||
| -24.5% | -25.5% | -26.6% | -27.8% | -27.6% | -26.4% | -24.6% | -22.9% | -21.2% | -17.8% | -15.5% | -12.6% | -9.4% | -1.7% | 83.2% | 83.2% | 97.0% | 97.0% | 97.0% | ||
| 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.02 | 0.03 | 0.01 | 0.01 | 0.05 | 0.05 | 0.51 | 0.51 | 2.86 | 2.86 | 2.86 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.20 | 0.20 | 0.03 | 0.03 | 0.03 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -16.6% | - | - | - | ||
| 2.4% | 2.3% | 2.4% | 1.0% | 0.2% | -0.5% | -0.4% | -0.9% | -2.4% | -1.6% | -2.3% | -2.7% | -7.9% | -7.3% | - | -13.8% | - | - | - | ||
| 3.30 | 3.06 | 2.91 | 2.59 | 2.41 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | 1 day | - | - | - | - | - | - | - | - | - | - | - | ||
| 27 days | - | - | 28 days | - | 7 days | - | - | - | - | - | 97 days | 89 days | 445 days | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | €1,700 | - |
| €28,738 | €28,738 | €28,738 | €33,027 | €36,429 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 7% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Equity is negative. Debt (€697,132) exceeds the balance-sheet total (€559,991).
MILLENIUM CONSTRUCT has no parent and no holdings in its annual accounts. MILLENIUM CONSTRUCT shares no director with another company.
| Aniţei, Constantin-Liviu (sole trader)
establishment since 10-07-2025 |
founded in 2025 1025.392.047 |
| S 1 K Company
registered office since 05-02-2016 |
founded in 2016 0647.850.924 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Jaak Ballingsstraat 52 registered office 1140 Evere | ||
| MILLENIUM CONSTRUCT SA Jaak Ballingsstraat 41, 1140 Evere 6812101 Development of residential building projects | 12-11-2001 | 2.098.555.705 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21006A0386/00S010 | 537 m² | 1 · 195 m² | 13.9 m · 4 |
| 21006A0392/00D006 | 111 m² | 1 · 72 m² | 12.1 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0474.010.690
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