Skip to content

Millia Real Estate

Active
Private limited companyfounded 2023active for 3 yearsOeleinderheide 13, 3665 As, BelgiumKBO/BCE: BE 0798.158.065
Summary

The annual accounts of Millia Real Estate for financial year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €293,084 and a net result of -€452,132. Equity has been shrinking by about 56% per year since 2023. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 25% of 17,119 sector peers (NACE 68, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-02-2023 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 3 others
Establishment unit
2.348.541.036 3665 As, since 07-02-2023
Financial year end
31 December
Peppol
Reachable since 13-01-2026

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€33,078
▲ 41.4%
Loss
€452,132
▲ 19.2%
Equity
€293,084
▼ 60.7%
Total assets
€9.5m
▲ 43.2%
  • 2025 accounts filed 28 days after the deadline
Turnover not published (micro format)
Filed on 28-08-2026
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.02, cash €46,447Last filed accounts filed 28 days late; 2 of the last 3 accounts latelowers riskSize: total assets €9.5mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of small companies in real estate (NACE 68)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 28-8
equity 3.1% of total assets
Liquidity 1-1
short-term debt 96.9% · cash 0.5%
Profitability 13+1
return on assets -4.8%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.3 percentage points vs 08-2025 10-2025: 1.7%▲ +0.6 percentage points vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.9%▲ +0.1 percentage points vs 11-2025 01-2026: 2.7%▲ +0.8 percentage points vs 12-2025highest value 02-2026: 0.7%▼ -2.0 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 0.3%▼ -1.0 percentage point vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.02 (0.02 in 2024), below 1. Short-term debt is 96.9% and cash 0.5% of total assets. 96.9% of the assets are financed with debt and provisions.
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 68, small). It does better than 20% of them on solvency, 3% on liquidity, 6% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €9.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 0.02, cash €46,447
NBB · annual accounts
raises risk · Last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€452,132
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17119 sector peers (2025).
NBB · sector comparison
Position among 17119 sector peers
Solvency
better than 25%
← weakest strongest →
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 · 3 filings
Deviation from the deadline
2025
28 days late
2024
159 days late
2023
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 97 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 November (3 of the last 3 accounts filed within 77 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€452,132 View
  • Caution: Lower net result than 95% of companies in real estatesector median €6,036 · 17,109 companies -€452,132 View
  • Caution: Equity fell in 2025from €745,216 to €293,084 ▼ 60.7% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €1,250,000 · Appointments: VERHAGEN Charlotte Jacqueline (director) and CHADI (director) · Permanent representative: VERHAGEN Hermanus Cornelis
All 5 events

Comparable companies

These companies have the same main activity as Millia Real Estate: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €6.7m and €12m, founded between 2021 and 2024.

CompanyTotal assetsGross margin
Millia Real Estate As€9.5m-€0.03m
Nieuw Feniks Temse€8.5m-€0.009m
Kesselhof Berlaar€10.4m-€0.2m
SCHUTTERSHOF Budgethuur Hasselt€6.7m-€0.03m
Annabelle PAULS Investment & Service Waimes€8.2m-€0.006m
MALEA-STRIMA Brussel€9.0m-€0.2m
TOP INTERNATIONAL SERVICES Oostkamp€11.6m-€0.2m
Full comparison

Key facts about Millia Real Estate

What is the company number of Millia Real Estate?
The company number of Millia Real Estate is 0798.158.065. The VAT number is the same number with BE in front: BE 0798.158.065.
Where is Millia Real Estate based?
The registered office is at Oeleinderheide 13, 3665 As.Company details
What does Millia Real Estate do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Millia Real Estate?
The legal form of Millia Real Estate is Private limited company (BV).
When was Millia Real Estate founded?
Millia Real Estate was founded on 07-02-2023.
Is Millia Real Estate still active?
Yes, Millia Real Estate is an active enterprise in the KBO register.
What is the turnover of Millia Real Estate?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Millia Real Estate profitable?
In financial year 2025, Millia Real Estate made a loss of €452,132.
Where can I find the annual accounts of Millia Real Estate?
Millia Real Estate filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Millia Real Estate due?
Millia Real Estate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.