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MILLIWAYS

Active Private limited companyfounded 2015active for 11 yearsKasteelstraat 97, 1853 GrimbergenKBO/BCE: BE 0598.829.005

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €82,715 (2017)
-€12,341▼ €12,138
lowest -€28,453 (2021)
-€12,827▼ €13,044
peak €141,833 (2024)
€129,006▼ 9.0%
€14,409▲ 18.4%
Board1 name since 2022
1 directorDAMS Kristoffer Marie-Berthe Emiel
Documentsfilings and deeds
30-01-20261 days before the deadline
2025micro format
Gross margin from -€204 to -€12,341Loss of €12,827Debts from €12,169 to €14,409

Key points

from the 2025 annual accounts

Filings

10 annual accounts since 2016
deadline20202025

The last five annual accounts were filed 0 to 21 days before the end of the period.

Position in the sector

-€12,827

Lower net result than 90% of companies in office administrative support. Sector median €16,240 · 9,678 companies.

Turnover not published (micro format)

Checked score

95
Excellent
Financially stronger than 57% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026highest value 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 90.0% of total assets
100=short-term debt 9.6% · cash 59.8%
15-23return on assets -8.9%

Score breakdown

raises risk
Loss of €12,827 (financial year 2025)
lowers risk
Liquidity: current ratio 10.36, cash €85,783
Equity €129,006 (90.0% of total assets)
Size: total assets €143,415
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 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).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as MILLIWAYS has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

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.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €12,000 on 30-day terms is acceptable

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.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 10.36, cash €85,783
NBB · annual accounts
raises risk · Loss of €12,827 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €129,006 (90.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €143,415
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
21 days early
2023
1 day early
2022
on the day
2021
on the day
2020
2 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end07-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DK
DAMS Kristoffer Marie-Berthe Emiel
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0598829005
Amendment of the articles · Legal-form change · Resignations & appointments Director in office: DAMS Kristoffer Marie-Berthe Emiel · A shareholder holds all the shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-2023 · Gazette deed
Incorporation published on 04-03-2015 · Gazette deed
First establishment Kasteelstraat 97, Grimbergen
All 19 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 16-02-2015Normal situation
Activity
Other business support servicesNACE 82990
Establishment unit
2.240.634.3751853 Grimbergen, since 16-02-2015
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

-€12,341▼ 5,961%
€12,827
€129,006▼ 9.0%
€143,415▼ 6.9%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on MILLIWAYS

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.

Financials

Annual accounts 2025

micro format, filed on 30-01-2026, 1 day before the deadline
-€12,341
▼ €12,138
-€12,847
▼ €11,819
-€12,827
▼ €13,044
€129,533
▼ 9.0%
90.0%
▼ 2.1 percentage points
10.36
▼ 2.92

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €143,415 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

90.0%

Higher than 90% of 9,682 companies in 2025.

10.36

Higher than 91% of 9,302 companies in 2025.

-8.9%

Higher than 12% of 9,426 companies in 2025.

MILLIWAYS Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 143,415154,002164,579141,551129,034166,333147,476118,014150,45271,488
21/28 4848482,9705,8928,8143,8179,81210,47016,855
22/27 ---2,9225,8448,7663,7709,76510,42216,808
23 --------147367
25 ---2,922------
28 48484848484848484848
29/58 143,367153,955164,531138,581123,143157,519143,658108,201139,98254,633
40/41 56,85659,31454,82356,83256,78768,10061,19051,42591,7281,921
40 56,85658,97354,82356,83256,78768,10061,19051,42567,350-
41 -341------24,3781,921
54/58 85,78393,078109,70881,74966,35689,41982,37556,75548,20852,712
490/1 7281,564----932145-
Balance sheet: equity and liabilities
10/49 143,415154,002164,579141,551129,034166,333147,476118,014150,45271,488
10/15 129,006141,833141,616119,931111,296139,748112,71480,05881,88335,380
10/11 12,50012,50012,50012,50012,50012,50012,50012,50012,50012,500
10 --12,50012,500------
100 --18,70018,70018,70018,70018,70018,70018,70018,700
101 --6,2006,2006,2006,2006,2006,2006,2006,200
13 129,333129,3331,8701,8701,8701,8701,8701,8701,8701,200
130/1 --1,8701,8701,870-----
130 --1,8701,8701,8701,8701,8701,8701,8701,200
133 129,333129,333--------
14 -12,827-127,246105,56196,926125,37898,34465,68867,51321,680
17/49 14,40912,16922,96321,61917,73926,58434,76237,95568,56836,108
17 ---1,6634,5067,3145,33110,86310,38415,125
170/4 ---1,6634,5067,3145,33110,86310,38415,125
42/48 13,83411,59422,96319,94112,69018,74629,43027,07155,91320,524
42 --1,4242,6082,5752,5435,0806,2224,7424,171
44 1,3191,1513,2775,9585,2487,0766,7017,0038,6723,982
440/4 1,3191,1513,2775,9585,2487,0766,7017,0038,6723,982
46 --------12,500-
45 5,9393,88911,3435,9722,9817,33515,8329,90830,00012,371
450/3 3,6091,57611,3433,7417677,33515,8329,35730,00012,371
454/9 2,3312,313-2,2312,214--550--
47/48 6,5756,5546,9195,4041,8861,7921,8183,939--
492/3 575575-16543525-212,271458
Income statement
76A -----1,941----
9900 -12,341-20431,33012,072-12,57641,16640,061-8,22682,71545,481
630 --2,9222,9222,9222,9225,9958,1976,3858,514
640/8 5068244013483486348741,0008341,297
9901 -12,847-1,02828,0078,803-15,84637,61133,192-17,42375,49635,670
75/76B 48942916--25121257
75 48942916--25121257
65/66B 172174138167184415414622498796
65 172174138167184415414622498796
9903 -12,531-77327,8848,636-16,02937,19732,828-18,02575,02234,881
67/77 296-9906,200-12,42310,163172-16,20028,51912,001
9904 -12,82721721,6848,636-28,45327,03432,656-1,82546,50322,880
9905 -12,82721721,6848,636-28,45327,03432,656-1,82546,50322,880
Appropriation of the result
9906 -12,827127,463127,246105,56196,926125,37898,34465,68868,18322,880
14P -127,246105,56196,926------
691/2 -127,463------6701,200
6920 --------6701,200
6921 -127,463--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 30-01-2026 2026-00025659 PDF
30-06-2024 micro format 10-01-2025 2025-00003397 PDF
30-06-2023 micro format 30-01-2024 2024-00014512 PDF
30-06-2022 micro format 31-01-2023 2023-00012486 PDF
30-06-2021 micro format 31-01-2022 2022-03700369 PDF
30-06-2020 micro format 29-01-2021 2021-03100477 PDF
30-06-2019 micro format 31-01-2020 2020-03900595 PDF
30-06-2018 micro format 31-01-2019 2019-04300542 PDF
30-06-2017 micro format 26-01-2018 2018-02900593 PDF
30-06-2016 abbreviated format 30-01-2017 2017-03100538 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
--30,92911,725-12,92440,53339,187-9,22681,88144,184
--24,60611,558-25,53029,95638,6516,37252,88931,394
--00011,68807,540025,369
-7,294-16,63127,95915,393-23,0637,04425,6208,547-4,504-
129,533142,360141,568118,640110,453138,773114,22881,13084,06934,109
90.0%92.1%86.0%84.7%86.3%84.0%76.4%67.8%54.4%49.5%
10.3613.287.176.959.708.404.884.002.502.66
0.110.090.160.180.160.190.310.470.841.02
-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 10070.27------

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.

Insights on MILLIWAYS

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.

Board & ownership

Board

1 director, last change in 2024
DAMS Kristoffer Marie-Berthe Emiel
Director
in office according to the deed of 21-11-2024
listed in the 2025 annual accounts, filed on 30-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Het bestuursorgaan heeft de bevoegdheid om een intern reglement uit te vaardigen. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder…”
deed of 21-11-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DAMS Kristoffer Marie-Berthe Emiel
Director
Boardmandate already running before its first mention
Mandates as a list
  • DAMS Kristoffer Marie-Berthe Emiel
    • Director, since before 30-06-2022

See the board, name and registered office on a given date →

Control

Capital

Contribution
€12,500
Source
2025 annual accounts

Articles of association

deed of 21-11-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of December at 20:00

Network & group

No group

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.

Timeline

Timeline

19 events since 2015

Deadline for the 2026 accounts: 31-01-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0598829005
Annual accounts 2025 filed PDFmicro format · 1 day before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 21 days before the deadline
2024
Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office: DAMS Kristoffer Marie-Berthe Emiel · A shareholder holds all the shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-20233 points ▸
  • General meeting, 22-12-2023
  • A shareholder holds all the shares
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Back to profit net €8,636 The net result is €8,636, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · on the deadline day
2021
Weakest financial year net -€28,453 The net result drops to -€28,453, the lowest from 2016 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · on the deadline day
2019
Back to profit net €32,656 The net result is €32,656, after one loss-making year.
Equity above €100,000 equity €112,714 ▲40.8% Equity rises from €80,058 to €112,714.
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Annual accounts 2017 filed PDFmicro format · 5 days before the deadline
2017
Highest result from 2016 to 2025 net €46,503 ▲103% The operating result of €75,496 and the net result of €46,503 are both a record.
Annual accounts 2016 filed PDFabbreviated format · 1 day before the deadline
2015
Incorporation PDFpublished on 04-03-2015
First establishment Kasteelstraat 97, Grimbergen

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 February 2015, MILLIWAYS was incorporated.1 Total assets went from €147,476 in 2019 to €143,415 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0598.829.005
VAT number
BE 0598.829.005
Peppol ID
0208:0598829005
Legal form
Private limited company
Status
Active, normal situation
Founded
16-02-2015
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of December at 20:00
deed of 21-11-2024 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MILLIWAYS in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-11-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82990 Other business support services main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het geven van advies inzake handels-,technische- en opleidingen,evenals het verrichten van studies,management en analysewerkzaamheden binnen…”
12 activities
  1. Het geven van advies inzake handels-,technische- en opleidingen,evenals het verrichten van studies,management en analysewerkzaamheden binnen de internet/web sector
  2. Het verkopen,verhuren,aankopen van alle materialen die betrekking hebben met de verrichte studies,en analysewerkzaamheden
  3. Het aangaan van licentieovereenkomsten,het verkrijgen van rechten,het verdelen van deze rechten zowel in binnen- als in buitenland
  4. Het geven van advies inzake handels-,technische- en opleidingen,evenals het verrichten van studies,en bouwen van maquettes,gaande van allerlei producten
  5. Het verkopen,verhuren,aankopen van alle materialen die betrekking hebben met de verrichte studies,en analysewerkzaamheden in verband met maquettebouw
  6. Het aangaan van licentieovereenkomsten,het verkrijgen van rechten,het verdelen van deze rechten zowel in binnen- als in buitenland
  7. Het beheren en aanleggen van roerende en onroerende vermogens,in het binnenland zowel als in het buitenland
  8. Het toestaan van leningen met of zonder hypothecaire waarborgen;het nemen van belangen in alle ondernemingen,zelfs indien het voorwerp van deze niet gelijkaardig,analoog,verwant of nuttig is voor de verwezenlijking van haar voorwerp
  9. Het uitvoeren van de functie van bestuurder,of vereffenaar van vennootschappen;het verlenen van advies en consulting in verband met het bestuur van vennootschappen
  10. De vennootschap mag alle industriële,commerciële en financiële,roerende en onroerende verrichtingen doen,die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het voorwerp,kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak
  11. Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in ondernemingen van allerlei aard,alle verbintenissen aangaan,onroerende goederen kopen en verko-pen,kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak
  12. Kortom zij mag alles doen wat verband houdt met bovenge-noemd voorwerp of wat van aard is de verwezenlijking ervan te bevorderen
deed of 21-11-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kasteelstraat 97 registered office 1853 Grimbergen 7020001 Business and other management consultancy 16-02-2015 2.240.634.375

Buildings and parcels at the address

Ground area
247 m²
Buildings
74 m²
Volume, LiDAR
541 m³
Tallest building
10.5 m
Buildings to scale, each on its own parcel
74 m², 10.5 m 74 m², 10.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23084A0399/00G024247 m² 1 · 74 m² 10.5 m · 3