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MILLOMER

Active
Private limited companyfounded 201610 yrs activeSmetledesteenweg 37, 9230 Wetteren, BelgiumKBO/BCE: BE 0646.757.891
Summary

MILLOMER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,410 and a net result of €85,143. Equity is growing by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 1577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
59 / 100
Fair
The figures in the accounts for fiscal year 2025 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-5
Solvency43▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.5 against 1.7 in 2024; short-term debt: 57.7% and cash: 3.2% of total assets), but 82.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
17.8%
Return on assets
10.8%
Age of the figures
12 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-08-2026, 97 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 · 9 filings
Deviation from the deadline
2025
97 d late
2024
61 d late
2023
123 d late
2022
78 d late
2021
1 d early
2020
1 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MILLOMER was incorporated on 19 January 2016.1 Total assets rose from EUR 23,832 in 2018 to EUR 785,034 in 2025 and headcount from 11.4 full-time equivalents in 2022 to 43.9 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€139,410▼ 40.5%
2024 · €234,267
Total assets
€785,034▼ 21.2%
2024 · €995,806
Net result
€85,143▼ 42.8%
2024 · €148,790
Working capital
€228,500▼ 40.2%
2024 · €381,993
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€7,760▲ 146%€39,259▲ 406%€175,078▲ 346%€269,566▲ 54.0%€127,110▼ 52.8%
Net result€4,829within the sector's middle half▲ 368%€41,787above the sector's middle half▲ 765%€12,399within the sector's middle half▼ 70.3%€148,790above the sector's middle half▲ 1,100%€85,143above the sector's middle half▼ 42.8%
Equity€31,290within the sector's middle half▲ 18.2%€73,077within the sector's middle half▲ 134%€85,476within the sector's middle half▲ 17.0%€234,267above the sector's middle half▲ 174%€139,410within the sector's middle half▼ 40.5%
Total assets€91,029within the sector's middle half▲ 11.5%€322,660within the sector's middle half▲ 254%€682,512above the sector's middle half▲ 112%€995,806above the sector's middle half▲ 45.9%€785,034above the sector's middle half▼ 21.2%
Debt€59,739▲ 8.3%€249,583▲ 318%€597,036▲ 139%€761,539▲ 27.6%€645,625▼ 15.2%
Working capital€26,624within the sector's middle half▲ 25.1%€175,582above the sector's middle half▲ 559%€82,493above the sector's middle half▼ 53.0%€381,993above the sector's middle half▲ 363%€228,500above the sector's middle half▼ 40.2%
Solvency34.4%within the sector's middle half▲ 2.0pp22.6%within the sector's middle half▼ 11.7pp12.5%within the sector's middle half▼ 10.1pp23.5%within the sector's middle half▲ 11.0pp17.8%within the sector's middle half▼ 5.8pp
Current ratio1.56within the sector's middle half▼ 0.052.46above the sector's middle half▲ 0.891.15within the sector's middle half▼ 1.311.70within the sector's middle half▲ 0.551.50within the sector's middle half▼ 0.19
Return on assets (ROA)5.3%within the sector's middle half▲ 4.0pp13.0%above the sector's middle half▲ 7.6pp1.8%within the sector's middle half▼ 11.1pp14.9%above the sector's middle half▲ 13.1pp10.8%within the sector's middle half▼ 4.1pp
Staff (FTE)11.445.4▲ 298%33.9▼ 25.3%43.9▲ 29.5%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €7,760€7,760Net result 2021: €4,829€4,829Operating result 2022: €39,259€39,259Net result 2022: €41,787€41,787Operating result 2023: €175,078€175,078Net result 2023: €12,399€12,399Operating result 2024: €269,566€269,566Net result 2024: €148,790€148,790Operating result 2025: €127,110€127,110Net result 2025: €85,143€85,14320212022202320242025€0€100,000€200,000€300,000Operating result 2023: €175,078€175,000Net result 2023: €12,399€12,400Operating result 2024: €269,566€270,000Net result 2024: €148,790€149,000Operating result 2025: €127,110€127,000Net result 2025: €85,143€85,100202320242025
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €785,034
Fixed assets €103,784 ▲ 54.3%
Current assets €681,251 ▼ 26.6%
Equity and liabilities €785,034
Equity €139,410 ▼ 40.5%
Debt €645,625 ▼ 15.2%
Debt's share of the balance-sheet total rises from 76.5% to 82.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€145,401▼
2024 · €288,518
Cash flow
€103,433▼
2024 · €167,742
Quick ratio
1.44▼
2024 · 1.70
Debt to equity
4.63▲
2024 · 3.25
ROE
61.1%▼
2024 · 63.5%
Interest coverage
18.53▲
2024 · 7.15
Debt ≤ 1 year
€452,750▼
2024 · €546,534
Debt > 1 year
€16,274▼
2024 · €39,511
Income taxes
€34,122▼
2024 · €80,449
Staff costs
€1.8m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,605 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,605 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€995,806€785,034▼
Fixed assets21/28€67,279€103,784▲
Tangible fixed assets22/27€67,279€103,784▲
Plant, machinery and equipment23€35,936€31,382▼
Furniture and vehicles24€31,343€70,468▲
Other tangible fixed assets26-€1,934
Current assets29/58€928,527€681,251▼
Stocks and contracts in progress3-€27,250
Stocks30/36-€27,250
Amounts receivable within one year40/41€825,918€628,704▼
Trade receivables40€447,969€534,119▲
Other amounts receivable41€377,949€94,585▼
Cash at bank and in hand54/58€102,609€25,297▼
Equity and liabilities
Total equity and liabilities10/49€995,806€785,034▼
Equity10/15€234,267€139,410▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€226,207€131,350▼
Amounts payable17/49€761,539€645,625▼
Amounts payable after more than one year17€39,511€16,274▼
Financial debts170/4€39,511€16,274▼
Amounts payable within one year42/48€546,534€452,750▼
Current portion of amounts payable after more than one year42€131,265€23,236▼
Trade debts44€218,199€269,318▲
Suppliers440/4€218,199€269,318▲
Taxes, remuneration and social security45€197,069€160,196▼
Taxes450/3€175,832€119,412▼
Remuneration and social security454/9€21,237€40,785▲
Accrued charges and deferred income492/3€175,494€176,600▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€334,686-
Remuneration, social security and pensions62€1.1m€1.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,952€18,290▼
Other operating charges640/8€39,758€9,516▼
Non-recurring operating charges66A€7,343-
Gross operating margin9900€1.5m€2.0m▲
Operating profit (loss)9901€269,566€127,110▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€40,328€7,846▼
Recurring financial charges65€40,328€7,846▼
Profit (loss) for the period before taxes9903€229,239€119,265▼
Income taxes67/77€80,449€34,122▼
Profit (loss) for the period9904€148,790€85,143▼
Profit (loss) for the period to be appropriated9905€148,790€85,143▼
Appropriation of the result
Profit (loss) to be appropriated9906€226,207€311,350▲
Profit (loss) brought forward from the previous period14P€77,416€226,207▲
Profit to be distributed694/7-€180,000
Return on contributions (dividend)694-€180,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61-€258,020€716,807€334,686--
Remuneration, social security and pensions62-€235,610€1.4m€1.1m€1.8m▲ 63.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,696€9,233-€18,952€18,290▼ 3.5%
Other operating charges640/8€2,773€2,938€25,625€39,758€9,516▼ 76.1%
Non-recurring operating charges66A---€7,343--
Gross operating margin9900€19,228€287,040€1.6m€1.5m€2.0m▲ 36.6%
Operating profit (loss)9901€7,760€39,259€175,078€269,566€127,110▼ 52.8%
Financial income75/76B€738€3,059€36€1€0▼ 65.7%
Recurring financial income75€738€3,059€36€1€0▼ 65.7%
Financial charges65/66B€560€521€146,360€40,328€7,846▼ 80.5%
Recurring financial charges65€560€521€2,572€40,328€7,846▼ 80.5%
Non-recurring financial charges66B--€143,788---
Profit (loss) for the period before taxes9903€7,938€41,797€28,755€229,239€119,265▼ 48.0%
Income taxes67/77€3,109€10€16,356€80,449€34,122▼ 57.6%
Profit (loss) for the period9904€4,829€41,787€12,399€148,790€85,143▼ 42.8%
Profit (loss) for the period to be appropriated9905€4,829€41,787€12,399€148,790€85,143▼ 42.8%
Line20212022202320242025Change
Assets
Total assets20/58€91,029€322,660€682,512€995,806€785,034▼ 21.2%
Fixed assets21/28€17,274€26,741€41,356€67,279€103,784▲ 54.3%
Tangible fixed assets22/27€17,274€25,541€41,356€67,279€103,784▲ 54.3%
Plant, machinery and equipment23--€4,765€35,936€31,382▼ 12.7%
Furniture and vehicles24-€16,904€27,954€31,343€70,468▲ 125%
Leasing and similar rights25€17,274€8,637€8,637---
Other tangible fixed assets26----€1,934-
Financial fixed assets28-€1,200----
Current assets29/58€73,755€295,919€641,156€928,527€681,251▼ 26.6%
Stocks and contracts in progress3----€27,250-
Stocks30/36----€27,250-
Amounts receivable within one year40/41€48,304€260,310€606,229€825,918€628,704▼ 23.9%
Trade receivables40€42,188€176,606€256,171€447,969€534,119▲ 19.2%
Other amounts receivable41€6,115€83,704€350,058€377,949€94,585▼ 75.0%
Cash at bank and in hand54/58€25,452€35,609€34,927€102,609€25,297▼ 75.3%
Equity and liabilities
Total equity and liabilities10/49€91,029€322,660€682,512€995,806€785,034▼ 21.2%
Equity10/15€31,290€73,077€85,476€234,267€139,410▼ 40.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Outside capital11-€6,200----
Other1109/19-€6,200----
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€23,230€65,017€77,416€226,207€131,350▼ 41.9%
Amounts payable17/49€59,739€249,583€597,036€761,539€645,625▼ 15.2%
Amounts payable after more than one year17€12,607€129,246€28,125€39,511€16,274▼ 58.8%
Financial debts170/4€12,607€129,246€28,125€39,511€16,274▼ 58.8%
Amounts payable within one year42/48€47,132€120,337€558,663€546,534€452,750▼ 17.2%
Current portion of amounts payable after more than one year42€8,189€8,361€103,254€131,265€23,236▼ 82.3%
Trade debts44€34,227€44,915€283,186€218,199€269,318▲ 23.4%
Suppliers440/4€34,227€44,915€283,186€218,199€269,318▲ 23.4%
Taxes, remuneration and social security45€4,716€67,061€172,223€197,069€160,196▼ 18.7%
Taxes450/3€3,822€29,905€153,201€175,832€119,412▼ 32.1%
Remuneration and social security454/9€893€37,156€19,022€21,237€40,785▲ 92.0%
Accrued charges and deferred income492/3--€10,248€175,494€176,600▲ 0.6%
Line20212022202320242025Change
Profit (loss) for the period9904€4,829€41,787€12,399€148,790€85,143▼ 42.8%
+ Depreciation and write-downs630€8,696€9,233-€18,952€18,290▼ 3.5%
Operating cash flow (approximation)€13,525€51,020€12,399€167,742€103,433▼ 38.3%
Investment in fixed assets (approximation)--€18,700-€14,615-€44,875-€54,795▼ 22.1%
Change in cash-€10,157-€682€67,682-€77,312▼ 214%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 97 days late
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
Financial Highest result since 2018net €148,790 ▲1,100%
Operating result €269,566, net result €148,790, both a record.
30-09
Financial Equity above €200,000Eq €234,267 ▲174%
7 profitable years in a row build equity to €234,267.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 123 days late
2023
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €1,031 ▼84.1%
Net result drops to €1,031, the lowest in the series; recovery starts the following year.
26-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Wetteren · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
60 m²
Building footprint
60 m²
Volume, LiDAR
187 m³
Parcel 42303F0481/00E002, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MILLOMER
Smetledesteenweg 37, 9230 WetterenManufacture of food products
since 20162.249.395.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42303F0481/00E002 Flanders 60 m² 1 · 60 m² 9.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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

Of 599 companies in sector 10111 we hold annual accounts for 331. 238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-01-2016
Fiscal year end30-09
Activities, NACEBEL 2025
10111Manufacture of food products
10120Manufacture of food products
10391Manufacture of food products
10392Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0646757891
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.