MILLIE PROJECTS
The computed 12-month bankruptcy probability of MILLIE PROJECTS is 3.1% (moderate). The 2024 annual accounts show equity of €320k and a net result of €-15k. Equity remains stable across the filed fiscal years (±2% per year). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €320k |
| Net result | €-15k |
| Active | 5 yrs |
| Locations | 1 |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €33k |
| Net profit | €-15k |
| Cash flow | €22k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.08M |
| Equity | €320k |
| Debt | €758k |
| of which ≤ 1y | €207k |
| of which > 1y | €546k |
| Working capital | €-191k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.08 |
| Quick ratio | 0.08 |
| Working capital ratio | -17.7% |
| Solvency | 29.7% |
| Debt / equity | 2.37 |
| Long-term debt ratio | 1.70 |
| Interest coverage | 3.09 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.3% |
| ROE | -4.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.08M |
| Fixed assets | 21/28 | €1.06M |
| Tangible fixed assets | 22/27 | €1.06M |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €3 |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.08M |
| Equity | 10/15 | €320k |
| Contributions / capital | 10/11 | €400k |
| Accumulated profits (losses) | 14 | €-80k |
| Amounts payable | 17/49 | €758k |
| Amounts payable after one year | 17 | €546k |
| Amounts payable within one year | 42/48 | €207k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €-15k |
| Net result for the period | 9904 | €-15k |
| Result to be appropriated | 9905 | €-15k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-2020 |
| Status | Active |
| Postal code | 3010 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0046/00P004 | Flanders | 93 m² | 1 · 93 m² | 13.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | MILLIE PROJECTS |