MILLENNIUM SYSTEMS
InactiveInactive; last annual accounts for fiscal year 2026. Dissolved without liquidation on 30-11-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 13-02-2026 was due by 13-09-2026 and was filed on 04-08-2026, 40 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
40 d early
2025
40 d early
2024
2 d early
2023
28 d early
2022
43 d early
2021
40 d early
2020
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€88,084▼ 6.3%
2025 · €94,014
Working capital
-€67,050▲ 56.8%
2025 · -€155,134
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€6,618▲ 8,608%€2,752▼ 58.4%€76,993▲ 2,698%€94,049▲ 22.2%€88,084▼ 6.3%
Net result€5,964€2,190▼ 63.3%€76,956▲ 3,414%€94,014▲ 22.2%€88,084▼ 6.3%
Equity-€328,294▲ 1.8%-€326,104▲ 0.7%-€249,148▲ 23.6%-€155,134▲ 37.7%-€67,050▲ 56.8%
Total assets€6,578▲ 110%€6,129▼ 6.8%€2,367▼ 61.4%€2,905▲ 22.7%€7,608▲ 162%
Debt€334,872▼ 0.7%€332,233▼ 0.8%€251,515▼ 24.3%€158,039▼ 37.2%€74,658▼ 52.8%
Working capital-€328,294▲ 1.8%-€326,104▲ 0.7%-€249,148▲ 23.6%-€155,134▲ 37.7%-€67,050▲ 56.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 6% below 2025.
Key figures and ratios
Solvency
-881.4%
Current ratio
0.10
Debt to equity
-1.11
Debt ≤ 1 year
€74,658▼
2025 · €158,039
A ratio outside any meaningful range has been withheld (balance sheet total €7,608, equity -€67,050).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €521 | - | €385 | - |
| Other operating charges640/8 | €449 | €559 | €384 | €372 | €460 | ▲ 23.7% |
| Gross operating margin9900 | €7,067 | €3,311 | €77,377 | €94,421 | €88,544 | ▼ 6.2% |
| Operating profit (loss)9901 | €6,618 | €2,752 | €76,993 | €94,049 | €88,084 | ▼ 6.3% |
| Financial charges65/66B | €654 | €562 | €37 | €35 | - | - |
| Recurring financial charges65 | €654 | €562 | €37 | €35 | - | - |
| Profit (loss) for the period before taxes9903 | €5,964 | €2,190 | €76,956 | €94,014 | €88,084 | ▼ 6.3% |
| Profit (loss) for the period9904 | €5,964 | €2,190 | €76,956 | €94,014 | €88,084 | ▼ 6.3% |
| Profit (loss) for the period to be appropriated9905 | €5,964 | €2,190 | €76,956 | €94,014 | €88,084 | ▼ 6.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,578 | €6,129 | €2,367 | €2,905 | €7,608 | ▲ 162% |
| Current assets29/58 | €6,578 | €6,129 | €2,367 | €2,905 | €7,608 | ▲ 162% |
| Stocks and contracts in progress3 | €2,425 | €3,692 | €2,192 | - | - | - |
| Stocks30/36 | €2,425 | €3,692 | €2,192 | - | - | - |
| Amounts receivable within one year40/41 | €77 | €155 | €172 | €1,920 | €4,742 | ▲ 147% |
| Trade receivables40 | €77 | - | - | €1,595 | €4,430 | ▲ 178% |
| Other amounts receivable41 | - | €155 | €172 | €325 | €312 | ▼ 4.1% |
| Cash at bank and in hand54/58 | €4,076 | €2,282 | €3 | €925 | €2,866 | ▲ 210% |
| Deferred charges and accrued income490/1 | - | - | - | €60 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,578 | €6,129 | €2,367 | €2,905 | €7,608 | ▲ 162% |
| Equity10/15 | -€328,294 | -€326,104 | -€249,148 | -€155,134 | -€67,050 | ▲ 56.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €494 | €494 | €494 | €494 | €494 | ▼ 0.1% |
| Non-distributable reserves130/1 | €494 | €494 | €494 | €494 | €494 | ▼ 0.1% |
| Reserves not available under the articles1311 | €494 | €494 | €494 | €494 | €494 | ▼ 0.1% |
| Profit (loss) carried forward14 | -€347,380 | -€345,190 | -€268,234 | -€174,220 | -€86,136 | ▲ 50.6% |
| Amounts payable17/49 | €334,872 | €332,233 | €251,515 | €158,039 | €74,658 | ▼ 52.8% |
| Amounts payable within one year42/48 | €334,872 | €332,233 | €251,515 | €158,039 | €74,658 | ▼ 52.8% |
| Trade debts44 | €334,385 | €332,233 | €251,515 | €158,039 | €74,658 | ▼ 52.8% |
| Suppliers440/4 | €334,385 | €332,233 | €251,515 | €158,039 | €74,658 | ▼ 52.8% |
| Taxes, remuneration and social security45 | €487 | - | - | - | - | - |
| Taxes450/3 | €487 | - | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,964 | €2,190 | €76,956 | €94,014 | €88,084 | ▼ 6.3% |
| Operating cash flow (approximation) | €5,964 | €2,190 | €76,956 | €94,014 | €88,084 | ▼ 6.3% |
| Change in cash | - | -€1,794 | -€2,279 | €922 | €1,941 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
04-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
17-03
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Accounting effect6 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Accounting effect6 facts ▸
- General meeting, 13-02-2026
- Merger, 30-11-2025
- Dissolution, 30-11-2025
- Accounting effect, 01-12-2025
- Power of attorney, Laurent DEJEMEPPE
- Shareholding, 100%
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Highest result since 2019net €94,014 ▲22.2%
Operating result €94,049, net result €94,014, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Back to profitnet €5,964
Net result €5,964 after one loss-making year.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Back to profitnet €3,052
Net result €3,052 after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- RACHAM SERVICES
- MILLENNIUM SYSTEMS
Highest known parent: RACHAM SERVICES. The sources do not say who stands above it.
Owners 1
- RACHAM SERVICESparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:ACRIS
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 17-03-2026 ↗
- ACRIS 100%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.