MILLFLOOR

Active

Private limited companyfounded 20179 yrs activeRue de la Graignette 27, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0670.869.519

MILLFLOOR has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €742. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 7629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

56 / 100

Fair▼ -27 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability2▼-98

Solvency31▼-39

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity tight (current ratio 1.36 against 2.23 in 2024), and 82% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

18%

Return on assets

0.1%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7629 sector peers (2025).

NBB · sector comparison

Position among 7629 sector peers

Solvency

better than 19%

← weakest strongest →

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €149k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

30 d late

2024

29 d late

2023

55 d late

2022

18 d late

2021

73 d early

2020

30 d early

2019

2 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

10-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€742▼ 97.5%

2024 · €30k

2018: €3k 2019: €44k 2020: €-58k 2021: €20k 2022: €59k 2023: €58k 2024: €30k

2018 → 2025

Working capital

€210k▼ 14.9%

2024 · €247k

2018: €7k 2019: €525k 2020: €428k 2021: €418k 2022: €431k 2023: €485k 2024: €247k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€4k-€61k▲ 1,451%€119k▲ 94.7%€149k▲ 25.1%€149k▲ 0.5%

Operating result€47k-€127k▲ 171%€139k▲ 8.7%€72k▼ 47.7%€34k▼ 53.5%

Net result€20k-€59k▲ 200%€58k▼ 2.5%€30k▼ 48.3%€742▼ 97.5%

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 53% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €828k

95.1%

Fixed assets €41k▼ 4.3%

Current assets €787k▲ 75.8%

Equity and liabilities €828k

18.0%

82.0%

Equity €149k▲ 0.5%

Debt €679k▲ 98.5%

The debt ratio rises from 69.7% to 82.0%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€52k▼

2024 · €92k

Cash flow

€19k▼

2024 · €50k

Solvency

18.0%▼

2024 · 30.3%

Current ratio

1.36▼

2024 · 2.23

Quick ratio

1.13▼

2024 · 1.68

Debt / equity

4.55▲

2024 · 2.30

ROE

0.5%▼

2024 · 20.1%

ROA

0.1%▼

2024 · 6.1%

Interest coverage

2.11▼

2024 · 3.33

Debt

€679k▲

2024 · €342k

Debt ≤ 1 year

€577k▲

2024 · €201k

Debt > 1 year

€100k▼

2024 · €136k

Income taxes

€8k▼

2024 · €18k

Staff costs

€47k▼

2024 · €68k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€490k€828k▲

Fixed assets21/28€43k€41k▼

Tangible fixed assets22/27€39k€38k▼

Plant, machinery and equipment23€11k€7k▼

Furniture and vehicles24€29k€31k▲

Other tangible fixed assets26€36€0▼

Financial fixed assets28€3k€3k=

Current assets29/58€448k€787k▲

Stocks and contracts in progress3€109k€138k▲

Stocks30/36€109k€138k▲

Amounts receivable within one year40/41€226k€606k▲

Trade receivables40€169k€583k▲

Other amounts receivable41€57k€22k▼

Cash at bank and in hand54/58€87k€10k▼

Deferred charges and accrued income490/1€27k€34k▲

Equity and liabilities

Total equity and liabilities10/49€490k€828k▲

Equity10/15€149k€149k▲

Contributions10/11€6k€6k=

Reserves13€142k€142k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€140k€140k=

Profit (loss) carried forward14-€742

Amounts payable17/49€342k€679k▲

Amounts payable after more than one year17€136k€100k▼

Financial debts170/4€136k€100k▼

Amounts payable within one year42/48€201k€577k▲

Current portion of amounts payable after more than one year42€7k€5k▼

Financial debts43-€200k

Credit institutions430/8-€200k

Trade debts44€115k€343k▲

Suppliers440/4€115k€343k▲

Advances received on contracts in progress46€7k€0▼

Taxes, remuneration and social security45€65k€29k▼

Taxes450/3€50k€15k▼

Remuneration and social security454/9€15k€14k▼

Other amounts payable47/48€7k€574▼

Accrued charges and deferred income492/3€5k€2k▼

Income statement Code20242025

Non-recurring operating income76A-€1k

Remuneration, social security and pensions62€68k€47k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€18k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼

Other operating charges640/8€5k€9k▲

Gross operating margin9900€168k€108k▼

Operating profit (loss)9901€72k€34k▼

Financial income75/76B€3k€5▼

Recurring financial income75€3k€5▼

Financial charges65/66B€28k€25k▼

Recurring financial charges65€28k€25k▼

Profit (loss) for the period before taxes9903€47k€9k▼

Income taxes67/77€18k€8k▼

Profit (loss) for the period9904€30k€742▼

Profit (loss) for the period to be appropriated9905€30k€742▼

Appropriation of the result

Profit (loss) to be appropriated9906€30k€742▼

Transfer to equity691/2€30k€0▼

To other reserves6921€30k€0▼

Social balance

Average headcount (FTE)90871.30.8▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 5Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 30 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 29 days late

2024

24-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 55 days late

2023

31-12

Financial Equity above €100kEq €119k ▲94.7%

3 profitable years in a row build equity to €119k.

18-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 18 days late

2022

31-12

Financial Highest result since 2018net €59k ▲200%

Net result €59k, the highest in the series.

19-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Back to profitnet €20k

Net result €20k after one loss-making year.

01-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €-58k ▼234%

Net result drops to €-58k, the lowest in the series; recovery starts the following year.

29-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Liquidity times 5current ratio 5.54

Current ratio from 1.01 to 5.54; short-term debt falls from €527k to €116k.

04-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

26-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 acts for this company are 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, Braine-l'Alleud · 1 establishment unit since 2017

exact location from the address register On OpenStreetMap

Ground area

1,172 m²

Building footprint

402 m²

Volume, LiDAR

2,430 m³

Parcel 25014A0632/00C000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MILLFLOOR

Rue de la Graignette 27, 1420 Braine-l'AlleudManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20172.265.228.330

1 parcel

Wallonia 1 (100%)