Filings
The last five annual accounts were filed 0 to 21 days before the end of the period.
The last five annual accounts were filed 0 to 21 days before the end of the period.
Lower net result than 90% of companies in office administrative support. Sector median €16,240 · 9,678 companies.
The dashed line is the sector median: 0.2% across 12,668 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 88% of them on solvency, 97% on liquidity, 15% on profitability and 28% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 6,908 companies had the same profile as MILLIWAYS has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MILLIWAYS itself is lower: < 0.1% within 12 months. It rests on far more data about MILLIWAYS than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for MILLIWAYS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 10.36 (13.28 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 59.8% of total assets. 10% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MILLIWAYS Grimbergen | €143,415 | -€12,341 | 90.0% | - |
| PLUG AND PLAY Grimbergen | €147,325 | -€4,973 | -179.8% | - |
| KUS CONSULTING Genk | €144,878 | -€19,920 | 77.8% | - |
| SOFT COMMODITIES TRADING HOLDING Sint-Niklaas | €136,447 | -€17,045 | 27.8% | - |
| AD SOLUTION FACILITY Brussels | €162,057 | €541 | -53.1% | - |
| DriveSimSolutions Geel | €167,678 | -€1,464 | 94.4% | - |
| AIR SERVICES EDRIA Woluwe-Saint-Pierre | €126,460 | -€31,906 | 80.7% | - |
These companies have the same main activity as MILLIWAYS: other business support services (NACE 82990). They are comparable in size and age: total assets between €126,000 and €168,000, founded between 2013 and 2017.
MILLIWAYS files the micro format. That format states no turnover. The gross margin fell from €45,481 in 2016 to -€12,341 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 90% of 9,682 companies in 2025.
Higher than 91% of 9,302 companies in 2025.
Higher than 12% of 9,426 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
143,415 | 154,002 | 164,579 | 141,551 | 129,034 | 166,333 | 147,476 | 118,014 | 150,452 | 71,488 | |
21/28 |
48 | 48 | 48 | 2,970 | 5,892 | 8,814 | 3,817 | 9,812 | 10,470 | 16,855 | |
22/27 |
- | - | - | 2,922 | 5,844 | 8,766 | 3,770 | 9,765 | 10,422 | 16,808 | |
23 |
- | - | - | - | - | - | - | - | 147 | 367 | |
25 |
- | - | - | 2,922 | - | - | - | - | - | - | |
28 |
48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | |
29/58 |
143,367 | 153,955 | 164,531 | 138,581 | 123,143 | 157,519 | 143,658 | 108,201 | 139,982 | 54,633 | |
40/41 |
56,856 | 59,314 | 54,823 | 56,832 | 56,787 | 68,100 | 61,190 | 51,425 | 91,728 | 1,921 | |
40 |
56,856 | 58,973 | 54,823 | 56,832 | 56,787 | 68,100 | 61,190 | 51,425 | 67,350 | - | |
41 |
- | 341 | - | - | - | - | - | - | 24,378 | 1,921 | |
54/58 |
85,783 | 93,078 | 109,708 | 81,749 | 66,356 | 89,419 | 82,375 | 56,755 | 48,208 | 52,712 | |
490/1 |
728 | 1,564 | - | - | - | - | 93 | 21 | 45 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
143,415 | 154,002 | 164,579 | 141,551 | 129,034 | 166,333 | 147,476 | 118,014 | 150,452 | 71,488 | |
10/15 |
129,006 | 141,833 | 141,616 | 119,931 | 111,296 | 139,748 | 112,714 | 80,058 | 81,883 | 35,380 | |
10/11 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
10 |
- | - | 12,500 | 12,500 | - | - | - | - | - | - | |
100 |
- | - | 18,700 | 18,700 | 18,700 | 18,700 | 18,700 | 18,700 | 18,700 | 18,700 | |
101 |
- | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
129,333 | 129,333 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,200 | |
130/1 |
- | - | 1,870 | 1,870 | 1,870 | - | - | - | - | - | |
130 |
- | - | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,870 | 1,200 | |
133 |
129,333 | 129,333 | - | - | - | - | - | - | - | - | |
14 |
-12,827 | - | 127,246 | 105,561 | 96,926 | 125,378 | 98,344 | 65,688 | 67,513 | 21,680 | |
17/49 |
14,409 | 12,169 | 22,963 | 21,619 | 17,739 | 26,584 | 34,762 | 37,955 | 68,568 | 36,108 | |
17 |
- | - | - | 1,663 | 4,506 | 7,314 | 5,331 | 10,863 | 10,384 | 15,125 | |
170/4 |
- | - | - | 1,663 | 4,506 | 7,314 | 5,331 | 10,863 | 10,384 | 15,125 | |
42/48 |
13,834 | 11,594 | 22,963 | 19,941 | 12,690 | 18,746 | 29,430 | 27,071 | 55,913 | 20,524 | |
42 |
- | - | 1,424 | 2,608 | 2,575 | 2,543 | 5,080 | 6,222 | 4,742 | 4,171 | |
44 |
1,319 | 1,151 | 3,277 | 5,958 | 5,248 | 7,076 | 6,701 | 7,003 | 8,672 | 3,982 | |
440/4 |
1,319 | 1,151 | 3,277 | 5,958 | 5,248 | 7,076 | 6,701 | 7,003 | 8,672 | 3,982 | |
46 |
- | - | - | - | - | - | - | - | 12,500 | - | |
45 |
5,939 | 3,889 | 11,343 | 5,972 | 2,981 | 7,335 | 15,832 | 9,908 | 30,000 | 12,371 | |
450/3 |
3,609 | 1,576 | 11,343 | 3,741 | 767 | 7,335 | 15,832 | 9,357 | 30,000 | 12,371 | |
454/9 |
2,331 | 2,313 | - | 2,231 | 2,214 | - | - | 550 | - | - | |
47/48 |
6,575 | 6,554 | 6,919 | 5,404 | 1,886 | 1,792 | 1,818 | 3,939 | - | - | |
492/3 |
575 | 575 | - | 16 | 543 | 525 | - | 21 | 2,271 | 458 | |
| Income statement | |||||||||||
76A |
- | - | - | - | - | 1,941 | - | - | - | - | |
9900 |
-12,341 | -204 | 31,330 | 12,072 | -12,576 | 41,166 | 40,061 | -8,226 | 82,715 | 45,481 | |
630 |
- | - | 2,922 | 2,922 | 2,922 | 2,922 | 5,995 | 8,197 | 6,385 | 8,514 | |
640/8 |
506 | 824 | 401 | 348 | 348 | 634 | 874 | 1,000 | 834 | 1,297 | |
9901 |
-12,847 | -1,028 | 28,007 | 8,803 | -15,846 | 37,611 | 33,192 | -17,423 | 75,496 | 35,670 | |
75/76B |
489 | 429 | 16 | - | - | 2 | 51 | 21 | 25 | 7 | |
75 |
489 | 429 | 16 | - | - | 2 | 51 | 21 | 25 | 7 | |
65/66B |
172 | 174 | 138 | 167 | 184 | 415 | 414 | 622 | 498 | 796 | |
65 |
172 | 174 | 138 | 167 | 184 | 415 | 414 | 622 | 498 | 796 | |
9903 |
-12,531 | -773 | 27,884 | 8,636 | -16,029 | 37,197 | 32,828 | -18,025 | 75,022 | 34,881 | |
67/77 |
296 | -990 | 6,200 | - | 12,423 | 10,163 | 172 | -16,200 | 28,519 | 12,001 | |
9904 |
-12,827 | 217 | 21,684 | 8,636 | -28,453 | 27,034 | 32,656 | -1,825 | 46,503 | 22,880 | |
9905 |
-12,827 | 217 | 21,684 | 8,636 | -28,453 | 27,034 | 32,656 | -1,825 | 46,503 | 22,880 | |
| Appropriation of the result | |||||||||||
9906 |
-12,827 | 127,463 | 127,246 | 105,561 | 96,926 | 125,378 | 98,344 | 65,688 | 68,183 | 22,880 | |
14P |
- | 127,246 | 105,561 | 96,926 | - | - | - | - | - | - | |
691/2 |
- | 127,463 | - | - | - | - | - | - | 670 | 1,200 | |
6920 |
- | - | - | - | - | - | - | - | 670 | 1,200 | |
6921 |
- | 127,463 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00025659 | |
| 30-06-2024 | micro format | 10-01-2025 | 2025-00003397 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00014512 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00012486 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03700369 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03100477 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03900595 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-04300542 | |
| 30-06-2017 | micro format | 26-01-2018 | 2018-02900593 | |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-03100538 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | 30,929 | 11,725 | -12,924 | 40,533 | 39,187 | -9,226 | 81,881 | 44,184 | ||
| - | - | 24,606 | 11,558 | -25,530 | 29,956 | 38,651 | 6,372 | 52,889 | 31,394 | ||
| - | - | 0 | 0 | 0 | 11,688 | 0 | 7,540 | 0 | 25,369 | ||
| -7,294 | -16,631 | 27,959 | 15,393 | -23,063 | 7,044 | 25,620 | 8,547 | -4,504 | - | ||
| 129,533 | 142,360 | 141,568 | 118,640 | 110,453 | 138,773 | 114,228 | 81,130 | 84,069 | 34,109 | ||
| 90.0% | 92.1% | 86.0% | 84.7% | 86.3% | 84.0% | 76.4% | 67.8% | 54.4% | 49.5% | ||
| 10.36 | 13.28 | 7.17 | 6.95 | 9.70 | 8.40 | 4.88 | 4.00 | 2.50 | 2.66 | ||
| 0.11 | 0.09 | 0.16 | 0.18 | 0.16 | 0.19 | 0.31 | 0.47 | 0.84 | 1.02 | ||
| -9.9% | 0.2% | 15.3% | 7.2% | -25.6% | 19.3% | 29.0% | -2.3% | 56.8% | 64.7% | ||
| -8.9% | 0.1% | 13.2% | 6.1% | -22.1% | 16.3% | 22.1% | -1.5% | 30.9% | 32.0% | ||
| - | - | over 100 | 70.27 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €12,847, larger than the loss of €1,028 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 7.9% to 10.0%. Equity is lower and debt is higher.
MILLIWAYS has no parent and no holdings in its annual accounts. DAMS Kristoffer Marie-Berthe Emiel is the only director. MILLIWAYS shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kasteelstraat 97 registered office 1853 Grimbergen 7020001 Business and other management consultancy | 16-02-2015 | 2.240.634.375 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23084A0399/00G024 | 247 m² | 1 · 74 m² | 10.5 m · 3 |
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