MILLETTE
ActiveSummary
The computed 12-month bankruptcy probability of MILLETTE is 3.9% (moderate). The 2025 annual accounts show negative equity (-€20,561) and a net result of -€53,872. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 18537 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-84
Solvency0▼-37
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 1.14 in 2024; short-term debt: 191.5% and cash: 63.6% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-91.5%
Return on assets
-239.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€20,561
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
57 d early
2022
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€20,561
2024 · €33,312
Total assets
€22,471▼ 91.7%
2024 · €270,772
Net result
-€53,872
2024 · €32,889
Working capital
-€25,482
2024 · €32,108
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
Line2022202320242025
Operating result-€4,570-€384€44,887▲ 11,601%-€46,629
Net result-€4,861-€283€32,889▲ 11,510%-€53,872
Equity€139-€422▲ 204%€33,312▲ 7,786%-€20,561
Total assets€10,058-€5,569▼ 44.6%€270,772▲ 4,762%€22,471▼ 91.7%
Debt€9,919-€5,146▼ 48.1%€237,460▲ 4,514%€43,032▼ 81.9%
Working capital€139--€927€32,108-€25,482
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets -92% on 2024. Cause not known from the registers.
- 2024 Total assets +4,762% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €46,629 after €44,887 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,471
Fixed assets
€4,922 ▲ 309%
Current assets
€17,549 ▼ 93.5%
Key figures and ratios
EBITDA
-€46,147▼
2024 · €45,033
Cash flow
-€53,391▼
2024 · €33,035
Solvency
-91.5%▼
2024 · 12.3%
Current ratio
0.41▼
2024 · 1.14
Quick ratio
0.35▲
2024 · 0.07
Debt to equity
-2.09▼
2024 · 7.13
ROA
-239.7%▼
2024 · 12.1%
Interest coverage
-6.37▼
2024 · 45.04
Debt ≤ 1 year
€43,032▼
2024 · €237,460
Income taxes
€18▼
2024 · €11,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,035 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €109 | €146 | €482 | ▲ 230% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,166 | - |
| Other operating charges640/8 | €456 | €951 | €384 | €1,060 | ▲ 176% |
| Non-recurring operating charges66A | - | - | €140 | - | - |
| Gross operating margin9900 | -€4,114 | €1,444 | €45,557 | -€43,921 | ▼ 196% |
| Operating profit (loss)9901 | -€4,570 | €384 | €44,887 | -€46,629 | ▼ 204% |
| Financial income75/76B | - | €0 | €2 | €15 | ▲ 580% |
| Recurring financial income75 | - | €0 | €2 | €15 | ▲ 580% |
| Financial charges65/66B | €291 | €100 | €1,000 | €7,240 | ▲ 624% |
| Recurring financial charges65 | €291 | €100 | €1,000 | €7,240 | ▲ 624% |
| Profit (loss) for the period before taxes9903 | -€4,861 | €283 | €43,889 | -€53,854 | ▼ 223% |
| Income taxes67/77 | - | - | €11,000 | €18 | ▼ 99.8% |
| Profit (loss) for the period9904 | -€4,861 | €283 | €32,889 | -€53,872 | ▼ 264% |
| Profit (loss) for the period to be appropriated9905 | -€4,861 | €283 | €32,889 | -€53,872 | ▼ 264% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €10,058 | €5,569 | €270,772 | €22,471 | ▼ 91.7% |
| Fixed assets21/28 | - | €1,350 | €1,204 | €4,922 | ▲ 309% |
| Tangible fixed assets22/27 | - | €1,350 | €1,204 | €4,922 | ▲ 309% |
| Furniture and vehicles24 | - | €1,350 | €1,204 | €4,922 | ▲ 309% |
| Current assets29/58 | €10,058 | €4,219 | €269,568 | €17,549 | ▼ 93.5% |
| Stocks and contracts in progress3 | €4,037 | €2,517 | €252,800 | €2,486 | ▼ 99.0% |
| Stocks30/36 | €4,037 | €2,517 | €252,800 | €2,486 | ▼ 99.0% |
| Amounts receivable within one year40/41 | €657 | €358 | €9,984 | - | - |
| Trade receivables40 | €207 | - | €9,984 | - | - |
| Other amounts receivable41 | €451 | €358 | - | - | - |
| Cash at bank and in hand54/58 | €5,364 | €1,344 | €6,784 | €14,289 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | - | - | €774 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €10,058 | €5,569 | €270,772 | €22,471 | ▼ 91.7% |
| Equity10/15 | €139 | €422 | €33,312 | -€20,561 | ▼ 162% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | €28,312 | - | - |
| Distributable reserves133 | - | - | €28,312 | - | - |
| Profit (loss) carried forward14 | -€4,861 | -€4,578 | - | -€25,561 | - |
| Amounts payable17/49 | €9,919 | €5,146 | €237,460 | €43,032 | ▼ 81.9% |
| Amounts payable within one year42/48 | €9,919 | €5,146 | €237,460 | €43,032 | ▼ 81.9% |
| Current portion of amounts payable after more than one year42 | - | - | €184,000 | - | - |
| Trade debts44 | - | - | €12,075 | €2,873 | ▼ 76.2% |
| Suppliers440/4 | - | - | €12,075 | €2,873 | ▼ 76.2% |
| Taxes, remuneration and social security45 | - | - | €15,114 | €2,911 | ▼ 80.7% |
| Taxes450/3 | - | - | €15,114 | €2,911 | ▼ 80.7% |
| Other amounts payable47/48 | €9,919 | €5,146 | €26,271 | €37,248 | ▲ 41.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,861 | €283 | €32,889 | -€53,872 | ▼ 264% |
| + Depreciation and write-downs630 | - | €109 | €146 | €482 | ▲ 230% |
| Operating cash flow (approximation) | -€4,861 | €393 | €33,035 | -€53,391 | ▼ 262% |
| Investment in fixed assets (approximation) | - | - | €0 | -€4,200 | - |
| Change in cash | - | -€4,020 | €5,440 | €7,505 | ▲ 38.0% |
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
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€53,872
Net result drops to -€53,872, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2022net €32,889 ▲11,510%
Operating result €44,887, net result €32,889, both a record.
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €283
Net result €283 after one loss-making year.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 2021
Ground area
1,204 m²
Building footprint
91 m²
Volume, LiDAR
282 m³
Parcel 11055D0114/00L005, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MILLETTE
since 20212.318.438.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055D0114/00L005 | Flanders | 1,204 m² | 1 · 91 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,474 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-06-2021
Fiscal year end30-06
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46150Agents in the wholesale of furniture, household goods and hardware
47540Retail sale of electrical household appliances
47789Other retail sale of new goods
Contact
E-mail
jelle@lnco.be
Website
www.casamilette.beZoersel
Website
www.casamillette.beZoersel
E-mail
info@casamilette.beZoersel
E-mail
info@casamillette.beZoersel
Phone
+32491630232Zoersel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769499614
Also
9925:BE0769499614
Registered
01-04-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.