Millon
ActiveMillon has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.40M and a net result of €103k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72=
Solvency87▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 2.21 in 2024; short-term debt: 34.1% and cash: 11.3% of total assets), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
62.3%
Return on assets
2.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
5 d early
2022
2 d late
2021
3 d early
2020
10 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.40M▲ 4.5%
2024 · €2.30M
2019: €1.73M
2020: €1.81M
2021: €1.96M
2022: €2.00M
2023: €2.19M
2024: €2.30M
2019 → 2025
Total assets
€3.86M▼ 4.6%
2024 · €4.04M
2019: €3.45M
2020: €2.88M
2021: €3.10M
2022: €3.12M
2023: €4.19M
2024: €4.04M
2019 → 2025
Net result
€103k▼ 9.2%
2024 · €114k
2019: €72k
2020: €86k
2021: €148k
2022: €36k
2023: €190k
2024: €114k
2019 → 2025
Working capital
€2.07M▲ 12.8%
2024 · €1.83M
2019: €1.20M
2020: €1.54M
2021: €1.67M
2022: €1.69M
2023: €1.65M
2024: €1.83M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.96M-€2.00M▲ 1.8%€2.19M▲ 9.5%€2.30M▲ 5.2%€2.40M▲ 4.5%
Operating result€162k-€51k▼ 68.5%€227k▲ 345%€149k▼ 34.2%€141k▼ 5.4%
Net result€148k-€36k▼ 75.6%€190k▲ 428%€114k▼ 40.3%€103k▼ 9.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.86M
Fixed assets
€471k▼ 32.0%
Current assets
€3.38M▲ 1.1%
Equity and liabilities €3.86M
Equity
€2.40M▲ 4.5%
Debt
€1.45M▼ 16.6%
The debt ratio falls from 43.1% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€360k▼
2024 · €372k
Cash flow
€323k▼
2024 · €337k
Solvency
62.3%▲
2024 · 56.9%
Current ratio
2.57▲
2024 · 2.21
Quick ratio
1.84▲
2024 · 1.76
Debt / equity
0.60▼
2024 · 0.76
ROE
4.3%▼
2024 · 4.9%
ROA
2.7%▼
2024 · 2.8%
Interest coverage
23.41▼
2024 · 31.38
Debt
€1.45M▼
2024 · €1.74M
Debt ≤ 1 year
€1.32M▼
2024 · €1.52M
Debt > 1 year
€137k▼
2024 · €227k
Income taxes
€37k▼
2024 · €38k
Staff costs
€839k▲
2024 · €757k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.04M€3.86M▼
Fixed assets21/28€693k€471k▼
Tangible fixed assets22/27€682k€463k▼
Land and buildings22€79k€79k=
Plant, machinery and equipment23€112k€82k▼
Furniture and vehicles24€492k€302k▼
Financial fixed assets28€11k€9k▼
Current assets29/58€3.35M€3.38M▲
Stocks and contracts in progress3€680k€961k▲
Stocks30/36€680k€961k▲
Amounts receivable within one year40/41€1.64M€1.92M▲
Trade receivables40€1.50M€1.78M▲
Other amounts receivable41€135k€135k=
Current investments50/53€150k€51k▼
Cash at bank and in hand54/58€864k€436k▼
Deferred charges and accrued income490/1€17k€20k▲
Equity and liabilities
Total equity and liabilities10/49€4.04M€3.86M▼
Equity10/15€2.30M€2.40M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.02M€1.02M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€1.00M€1.00M=
Profit (loss) carried forward14€1.21M€1.32M▲
Amounts payable17/49€1.74M€1.45M▼
Amounts payable after more than one year17€227k€137k▼
Financial debts170/4€227k€137k▼
Amounts payable within one year42/48€1.52M€1.32M▼
Current portion of amounts payable after more than one year42€109k€90k▼
Trade debts44€1.15M€1.07M▼
Suppliers440/4€1.15M€1.07M▼
Advances received on contracts in progress46-€200
Taxes, remuneration and social security45€203k€111k▼
Taxes450/3€154k€89k▼
Remuneration and social security454/9€49k€22k▼
Other amounts payable47/48€49k€41k▼
Income statement
Code20242025
Non-recurring operating income76A€50k-
Remuneration, social security and pensions62€757k€839k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€223k€219k▼
Other operating charges640/8€12k€10k▼
Gross operating margin9900€1.14M€1.21M▲
Operating profit (loss)9901€149k€141k▼
Financial income75/76B€14k€14k=
Recurring financial income75€14k€14k=
Financial charges65/66B€12k€15k▲
Recurring financial charges65€12k€15k▲
Profit (loss) for the period before taxes9903€151k€140k▼
Income taxes67/77€38k€37k▼
Profit (loss) for the period9904€114k€103k▼
Profit (loss) for the period to be appropriated9905€114k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.21M€1.32M▲
Profit (loss) brought forward from the previous period14P€1.10M€1.21M▲
Transfer to equity691/2€29-
To the legal reserve6920€3-
To other reserves6921€27-
Social balance
Average headcount (FTE)908713.713.0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €190k ▲428%
Operating result €227k, net result €190k, both a record.
31-03
Financial
Equity above €2MEq €2.19M ▲9.5%
5 profitable years in a row build equity to €2.19M.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Weakest financial yearnet €36k ▼75.6%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herent · 1 establishment unit since 1997
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.
Kleine Spekstraat 13020 HerentGround area
743 m²
Building footprint
255 m²
Volume, LiDAR
1,088 m³
Parcel 24111E0131/00E000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Klein Spekstraat 1, 3020 Herent
since 19972.081.466.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24111E0131/00E000 | Flanders | 743 m² | 1 · 255 m² | 7.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,624 EUR awarded · 1,624 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,048 EUR | 1,048 EUR |
| 2024 | 1 | 37 EUR | 37 EUR |
| 2023 | 1 | 36 EUR | 36 EUR |
| 2022 | 1 | 503 EUR | 503 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryMillon NV40818
Food safety, FASFC
1 siteHerent2.081.466.085
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Of 345 companies in sector 47812 we hold annual accounts for 205. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-04-1997
Fiscal year end31-03
Activities, NACEBEL
01410Raising of dairy cattle
47812Retail trade
46610Wholesale trade
51880
33120Repair and maintenance of machinery
43120Site preparation
45112
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.