MILLIMETER
ActiveSummary
MILLIMETER has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €-3k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 5.04 against 4.65 in 2023; short-term debt: 19.8% and cash: 16.5% of total assets), and 19.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
80.2%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
116 d late
2023
119 d late
2022
151 d late
2021
153 d late
2020
80 d late
2019
243 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€30k▼ 7.9%
2023 · €33k
2018: €15k
2019: €19k
2020: €25k
2021: €32k
2022: €34k
2023: €33k
2018 → 2024
Total assets
€38k▼ 7.9%
2023 · €41k
2018: €47k
2019: €23k
2020: €32k
2021: €41k
2022: €43k
2023: €41k
2018 → 2024
Net result
€-3k▼ 210%
2023 · €-841
2018: €6k
2019: €3k
2020: €7k
2021: €7k
2022: €2k
2023: €-841
2018 → 2024
Working capital
€30k▲ 1.8%
2023 · €30k
2018: €13k
2019: €18k
2020: €25k
2021: €22k
2022: €27k
2023: €30k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€32k▲ 26.8%€34k▲ 5.8%€33k▼ 2.5%€30k▼ 7.9%
Operating result€9k-€9k▲ 0.5%€3k▼ 71.5%€105▼ 96.0%€-3k
Net result€7k-€7k▲ 2.0%€2k▼ 72.3%€-841€-3k▼ 210%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €105 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €38k
Equity
€30k ▼ 7.9%
Debt
€8k ▼ 8.1%
Debt's share of the balance-sheet total stays at 19.8%.
Key figures and ratios
EBITDA
€582▼
2023 · €4k
Cash flow
€528▼
2023 · €3k
Current ratio
5.04▲
2023 · 4.65
Debt to equity
0.25▼
2023 · 0.25
ROE
-8.6%▼
2023 · -2.5%
ROA
-6.9%▼
2023 · -2.0%
Interest coverage
7.92▼
2023 · 53.46
Debt ≤ 1 year
€8k▼
2023 · €8k
Income taxes
€651▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€41k€38k▼
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Furniture and vehicles24€3k-
Current assets29/58€38k€38k▼
Amounts receivable within one year40/41€22k€29k▲
Trade receivables40€12k€12k▼
Other amounts receivable41€10k€17k▲
Cash at bank and in hand54/58€13k€6k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€41k€38k▼
Equity10/15€33k€30k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€25k€22k▼
Amounts payable17/49€8k€8k▼
Amounts payable within one year42/48€8k€8k▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Advances received on contracts in progress46-€700
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€105€-3k▼
Financial income75/76B€477€670▲
Recurring financial income75€477€670▲
Financial charges65/66B€69€74▲
Recurring financial charges65€69€74▲
Profit (loss) for the period before taxes9903€514€-2k▼
Income taxes67/77€1k€651▼
Profit (loss) for the period9904€-841€-3k▼
Profit (loss) for the period to be appropriated9905€-841€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€22k▼
Profit (loss) brought forward from the previous period14P€26k€25k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Highest result since 2018net €7k ▲2%
Net result €7k, the highest in the series.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 243 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.23
Current ratio from 1.42 to 5.23; short-term debt falls from €31k to €4k.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Maasmechelen · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heirstraat(M) 1203630 MaasmechelenGround area
1,890 m²
Building footprint
150 m²
Volume, LiDAR
800 m³
Parcel 73048B0103/00E000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Millimeter
since 20042.135.878.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0103/00E000 | Flanders | 1,890 m² | 1 · 150 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DECRAUW
BE 0867.375.582
Gent · Eq €30,380
EJL
BE 0736.786.363
Sint-Katelijne-Waver · Eq €30,293
progex
BE 0657.973.962
Lobbes · Eq €30,786
WOC
BE 0765.782.237
Nieuwerkerken (Limb.) · Eq €31,223
GEOWIJZER
BE 0687.673.085
Herk-de-Stad · Eq €29,645
Of 1,758 companies in sector 71122 we hold annual accounts for 770. 583 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.