Starting capital
€2,000 200 shares
MILLENIUM TECHNOLOGY
Overview
Lifetime
1 annual account with figurespeak -€1,377 (2025)
-€1,377
lowest -€1,427 (2025)
-€1,427
peak €573 (2025)
€573
€1,717
Board3 names since 2024
2 directorsGarbis Kolukisaoglu and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Loss of €1,427Registered office moved from Vilvoorde to Sterrebeek 20-05First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€573
Less equity than 87% of companies in construction of buildings. Sector median €45,638 · 9,438 companies.
2025 accounts filed 28 days after the deadlineTurnover not published (micro format)
Checked score
31
Weak
Financially stronger than 17% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 6.0%lowest value
12-2025: 6.1%▲ +0.1 percentage points vs 11-2025
01-2026: 6.2%▲ +0.1 percentage points vs 12-2025
02-2026: 6.9%▲ +0.7 percentage points vs 01-2026
03-2026: 6.9%● unchanged vs 02-2026
04-2026: 7.5%▲ +0.6 percentage points vs 03-2026
05-2026: 8.2%▲ +0.7 percentage points vs 04-2026
06-2026: 8.1%▼ -0.1 percentage points vs 05-2026
07-2026: 7.9%▼ -0.2 percentage points vs 06-2026
08-2026: 7.9%● unchanged vs 07-2026
09-2026: 8.2%▲ +0.3 percentage points vs 08-2026
10-2026: 8.4%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 8.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
No registered site in the KBO
Liquidity: current ratio 1.33
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 32% of them on solvency, 15% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,207 companies had the same profile as MILLENIUM TECHNOLOGY has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MILLENIUM TECHNOLOGY itself is higher: 8.4% within 12 months. It rests on far more data about MILLENIUM TECHNOLOGY than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,207 companies, not a prediction for MILLENIUM TECHNOLOGY. 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 28 days late
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 · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- Garbis Kolukisaoglu 100 sharesdeed of 20-05-2025
- Guli Onkur 100 sharesdeed of 20-05-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014731846
Registered office moved from Vilvoorde to Sterrebeek
Transfer of 100 shares from Armen Sayadyan to Garbis Kolukisaoglu · Transfer of 100 shares from Armen Sayadyan to Guli Onkur · New registered office: 1933 Sterrebeek, Klaprozenhof · General meeting of 02-05-2025 · Gazette deed
Incorporation
Founding capital of €2,000, 200 shares · Appointment: Armen SAYADYAN (director) · 200 shares · published on 09-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MILLENIUM TECHNOLOGY Zaventem | €2,290 | -€1,377 | 25.0% | - |
| DAVID INVEST Sint-Genesius-Rode | €2,311 | -€9,676 | -384.0% | - |
| MTNC CONSTRUCT Kraainem | €2,125 | €125 | 98.8% | - |
| DOROS MC Ternat | €2,556 | -€3,044 | -22.2% | - |
| Entreprise Générale & Rénovation Totale Sint-Genesius-Rode | €2,745 | €849 | 92.7% | - |
| TABYAOUI Turnhout | €2,289 | -€4,283 | -113.2% | - |
| VDG & CO Melle | €2,661 | -€1,965 | -24.9% | - |
These companies have the same main activity as MILLENIUM TECHNOLOGY: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2,130 and €2,740, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 07-10-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on MILLENIUM TECHNOLOGY
The computed 12-month bankruptcy probability of MILLENIUM TECHNOLOGY is 8.4% (elevated). The annual accounts of MILLENIUM TECHNOLOGY for financial year 2025 show a net loss of 62% of total assets.
The 2025 annual accounts show equity of €573 and a net result of -€1,427. Its solvency ranks better than 31% of 9,435 sector peers (NACE 41, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days late-€1,377
-€1,427
-€1,427
€573
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €2,290 on 31-12-2025What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
2,290 | |
29/58 |
2,290 | |
40/41 |
2,290 | |
40 |
290 | |
41 |
2,000 | |
| Balance sheet: equity and liabilities | ||
10/49 |
2,290 | |
10/15 |
573 | |
10/11 |
2,000 | |
14 |
-1,427 | |
17/49 |
1,717 | |
42/48 |
1,717 | |
44 |
1,717 | |
440/4 |
1,717 | |
| Income statement | ||
9900 |
-1,377 | |
640/8 |
50 | |
9901 |
-1,427 | |
9903 |
-1,427 | |
9904 |
-1,427 | |
9905 |
-1,427 | |
| Appropriation of the result | ||
9906 |
-1,427 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00492860.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00492860 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 573 |
The ratios are withheld because a balance sheet total of €2,290 is too small for a meaningful ratio.
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.
Insights on MILLENIUM TECHNOLOGY
Debt's share of the balance-sheet total is 75.0%.
Board & ownership
Board
2 directors, no change since 2025- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 09-10-2024
Mandates through the years
3 names, the dashed line is todayBoardEarlier
Mandates as a list
- Garbis Kolukisaoglu
- Director, appointed by deed of 20-05-2025, still in office
- Guli Onkur
- Director, appointed by deed of 20-05-2025, still in office
- Armen Sayadyan
- Director (not named in the articles), appointed by deed of 09-10-2024, until 20-05-2025
Control
Shares transferred to
This company
MILLENIUM TECHNOLOGY
Equity €573
Loss €1,427 in 2025
Capital
- Contribution
- €2,000
- Shares
- 200
- Contribution per share
- €10
- Equity per share
- €2.86 in 2025
- Source
- deed of 09-10-2024
Articles of association
deed of 09-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden door beslissing van de algemene vergadering beslissende in de vormen vereist voor de…”
Shareholders
Share transfer
deed of 20-05-2025 ↗
- Armen Sayadyan to Garbis Kolukisaoglu 100 shares
- Armen Sayadyan to Guli Onkur 100 shares
At incorporation
deed of 09-10-2024 ↗
- Armen SAYADYAN 200 shares (100%) · €2,000 in cash
Network & group
No group
MILLENIUM TECHNOLOGY has no parent and no holdings in its annual accounts.
At the same address
Klaprozenhof 9, 1933 Zaventem · 1 other company| GABBIANI
registered office since 28-10-2026 |
founded in 2026 1044.611.311 |
Earlier ties
| AMASIA via Garbis Kolukisaoglu (no longer at AMASIA) and Guli Onkur (no longer at AMASIA) · Director · deed of 05-07-2023 founded in 2023 |
total assets €272,957 (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
4 events since 2024Board
Filings
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014731846
Registered office moved from Vilvoorde to SterrebeekTransfer of 100 shares from Armen Sayadyan to Garbis Kolukisaoglu · Transfer of 100 shares from Armen Sayadyan to Guli Onkur · New registered office: 1933 Sterrebeek, Klaprozenhof · General meeting of 02-05-20258 points ▸
- General meeting, 02-05-2025
- Director resignation, Armen Sayadyan
- Director discharge, Armen Sayadyan
- Director appointment, Garbis Kolukisaoglu
- Director appointment, Guli Onkur
- Share transfer, Armen Sayadyan → Garbis Kolukisaoglu, 100 shares
- Share transfer, Armen Sayadyan → Guli Onkur, 100 shares
- Registered-office move, 1933 Sterrebeek, Klaprozenhof
2024
IncorporationFounding capital of €2,000, 200 shares · Appointment: Armen SAYADYAN (director) · 200 shares · published on 09-10-20245 points ▸
- Founding capital, €2,000, 200 shares
- 200 shares
- Registered office clause, Mechelsesteenweg 151 A, 1800 Vilvoorde
- Board rule, 1
- Director appointment, Armen SAYADYAN (director (not named in the articles))
- The deed holds 3 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1014.731.846
- VAT number
- BE 1014.731.846
- Peppol ID
- 0208:1014731846
- Other Peppol ID
- 9925:BE1014731846
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 09-10-2024 (in Dutch)
- Peppol
- Reachable since 29-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MILLENIUM TECHNOLOGY in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 09-10-2024 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43110
Demolition
43120
Site preparation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Loodgieterswerk; Installatie, onderhoud en renovatie van ketels; Het bouwbedrijf, zonder beperking van activiteit, die welke zouden worden…”deed of 09-10-2024 (in Dutch)
20 activities
- Loodgieterswerk; Installatie, onderhoud en renovatie van ketels; Het bouwbedrijf, zonder beperking van activiteit, die welke zouden worden gereguleerd vanaf de goedkeuringen, inclusief het algemene bedrijf, bij wijze van voorbeeld maar niet beperkend: - Het bouwbedrijf, de voltooiing, het onderhoud, de renovatie van gebouwen, gebouwen (ruwbouwwerk en dakbedekking)
- De online verkoop
- De aan- en verkoop van meubelen en stoffering
- Nationaal en internationaal transport van persoon en goederen
- De aan- en verkoop van alcoholische of niet alcoholische dranken
- De aan- en verkoop van tabak
- De aan- en verkoop van loterijen, kranten en schoonheidsproducten
- Nachtwinkelexploitatie
- Import en export van diensten en goederen
- Sponsoring en evenementen
- Schoonmaakwerkzaamheden zowel in de privé als ondernemerssector
- De aankoop, verkoop, verkaveling, promotie, afbraak, wederopbouw, conversie, ontwikkeling, verhuur, onderverhuur, beheer en onderhoud van alle onroerende goederen, al dan niet bebouwd, makelaardij in onroerende goederen, de onderhandeling van alle overeenkomsten en contracten, voor eigen rekening of voor rekening van derden, met betrekking tot onroerende goederen of roerende goederenrecht die er rechtsreeks uit voortvloeien, en alle aanverwante diensten
- Alle transacties die rechtstreeks of onrechtstreeks verband houden met de exploitatie of opening van kapsalons, de exploitatie van schoonheidssalons, zonnebanken, sauna's, nagelstyling, de creatie van kapsalons en nieuwe technieken op dit gebied, de activiteiten van schoonheidsspecialisten, lichaamsverzorgingsactiviteiten, inclusief manicure, parfumerieactiviteiten, de activiteiten van schoonheidssalons, sauna's, massagesalons en kuuroorden
- De overname, creatie, lay-out, installatie, aankoop, verkoop, leasing, het beheer, de exploitatie van HORECA etablissement : dat wilt zeggen: restaurant, pizzeria, hotel, motel, taverne, café, frituur, snackbar, drinken, dansen, bar, privé-club, snack bar, lounge en de lokale consumptie, traiteurs, locaties, deze lijst is illustratief en niet beperkend, en alle activiteiten met betrekking tot de levering van alle goederen en diensten van welke aard ook, hetzij direct of indirect met de activiteit te stellen, en in het algemeen alle activiteiten sector Horeca in de breedste zin
- De aankoop, verkoop, invoer, uitvoer, vertegenwoordiging, verkoop op afbetaling, leasing op korte of lange termijn onder alle voorwaarden, alsmede de handel in alle soorten motorvoertuigen, nieuw of gebruikt, en alle artikelen die betrekking hebben op de automobielindustrie en de mechanische industrie
- Het vervaardigen, bouwen, ombouwen, repareren en onderhouden van alle soorten auto's, carrosserieën en aanhangwagens, met alle bijbehorende mechanische en elektrische bewerkingen
- Internationaal vervoer van auto’s
- Algemene levensmiddelen door aan- en verkoop, zowel groot- als kleinhandel, transport, opslag en verpakking van alle levensmiddelen, met inbegrip van vlees, vis, wild, gevogelte, fruit en groenten, zowel vers als diepgevroren en ingeblikt, dranken, met inbegrip van bier, sterke drank, wijn, limonades en water
- De huur van alles wat nodig of nuttig kan zijn voor de organisatie van de festiviteiten
- De huur van elke constructie of ander materiaal waarvan wij vinden, steigers, bobcat, boren, schuurmachines, boren, mixers, ladders, aanhangwagens, slijpmachines, schrapers, hogedrukreinigers, decoupeerzagen, ...
Registered office and establishments
| Klaprozenhof 9 registered office 1933 Zaventem |
1 former office
- Mechelsesteenweg 151A, 1800 Vilvoorde until 02-05-2025 · deed of 20-05-2025
Buildings and parcels at the address
- Ground area
- 403 m²
- Buildings
- 133 m²
- Volume, LiDAR
- 864 m³
- Tallest building
- 9.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23082B0254/00B002 | 403 m² | 1 · 133 m² | 9.3 m · 2 |
Invoicing and payment
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 1014.731.846