MILLUX
ActiveSummary
MILLUX has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.27M and a net result of €781k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+2
Solvency82▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.71 in 2023; short-term debt: 23.4% and cash: 3.2% of total assets), and 42.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
57.1%
Return on assets
19.7%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
26 d early
2021
13 d early
2020
22 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€781k▲ 16.0%
2023 · €674k
2018: €117k
2019: €391k
2021: €102k
2022: €254k
2023: €674k
2018 → 2024
Working capital
€10k
2023 · €-289k
2018: €-361k
2019: €-194k
2021: €-653k
2022: €-522k
2023: €-289k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€731k-€1.10M▲ 50.5%€1.34M▲ 21.3%€1.88M▲ 41.1%€2.27M▲ 20.3%
Operating result€174k-€159k▼ 8.2%€152k▼ 5.0%€771k▲ 408%€710k▼ 7.9%
Net result€391k-€102k▼ 73.8%€254k▲ 148%€674k▲ 165%€781k▲ 16.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.97M
Fixed assets
€3.03M ▼ 3.1%
Current assets
€941k ▲ 32.8%
Equity and liabilities €3.97M
Equity
€2.27M ▲ 20.3%
Debt
€1.70M ▼ 12.6%
Debt's share of the balance-sheet total falls from 50.9% to 42.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€874k▼
2023 · €934k
Cash flow
€946k▲
2023 · €837k
Current ratio
1.01▲
2023 · 0.71
Debt to equity
0.75▼
2023 · 1.04
ROE
34.5%▼
2023 · 35.8%
ROA
19.7%▲
2023 · 17.6%
Interest coverage
77.15▲
2023 · 22.62
Debt ≤ 1 year
€931k▼
2023 · €998k
Debt > 1 year
€774k▼
2023 · €954k
Income taxes
€268k▼
2023 · €274k
Staff costs
€95k▲
2023 · €90k
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 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.84M€3.97M▲
Fixed assets21/28€3.13M€3.03M▼
Intangible fixed assets21€124k€45k▼
Tangible fixed assets22/27€1.07M€1.04M▼
Land and buildings22€1.05M€984k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€21k€61k▲
Financial fixed assets28€1.93M€1.94M▲
Current assets29/58€708k€941k▲
Amounts receivable within one year40/41€347k€488k▲
Trade receivables40€36k€40k▲
Other amounts receivable41€311k€448k▲
Current investments50/53-€299k
Cash at bank and in hand54/58€345k€129k▼
Deferred charges and accrued income490/1€16k€25k▲
Equity and liabilities
Total equity and liabilities10/49€3.84M€3.97M▲
Equity10/15€1.88M€2.27M▲
Contributions10/11€6k€6k=
Reserves13€1.76M€2.15M▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€1.76M€2.15M▲
Profit (loss) carried forward14€21k€21k=
Investment grants15€94k€86k▼
Amounts payable17/49€1.95M€1.70M▼
Amounts payable after more than one year17€954k€774k▼
Financial debts170/4€954k€774k▼
Amounts payable within one year42/48€998k€931k▼
Current portion of amounts payable after more than one year42€184k€180k▼
Trade debts44€12k€15k▲
Suppliers440/4€7k€15k▲
Bills of exchange payable441€6k€0▼
Taxes, remuneration and social security45€103k€140k▲
Taxes450/3€88k€125k▲
Remuneration and social security454/9€15k€15k▼
Other amounts payable47/48€698k€596k▼
Accrued charges and deferred income492/3-€3
Income statement
Code20232024
Non-recurring operating income76A€127€3k▲
Remuneration, social security and pensions62€90k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163k€164k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€1.03M€971k▼
Operating profit (loss)9901€771k€710k▼
Financial income75/76B€219k€351k▲
Recurring financial income75€219k€351k▲
Financial charges65/66B€41k€11k▼
Recurring financial charges65€41k€11k▼
Profit (loss) for the period before taxes9903€948k€1.05M▲
Income taxes67/77€274k€268k▼
Profit (loss) for the period9904€674k€781k▲
Profit (loss) for the period to be appropriated9905€674k€781k▲
Appropriation of the result
Profit (loss) to be appropriated9906€695k€803k▲
Profit (loss) brought forward from the previous period14P€21k€21k=
Transfer from equity791/2€116k€391k▲
Transfer to equity691/2€674k€781k▲
To other reserves6921€674k€781k▲
Profit to be distributed694/7€116k€391k▲
Return on contributions (dividend)694€116k€391k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €781k ▲16%
Net result €781k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.27M ▲20.3%
6 profitable years in a row build equity to €2.27M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €102k ▼73.8%
Net result drops to €102k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.10M ▲50.5%
3 profitable years in a row build equity to €1.10M.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €731k ▲111%
2 profitable years in a row build equity to €731k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Mouscron · 1 establishment unit since 2013
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.
Gustave Fachedreef(L) 177700 MouscronGround area
3,402 m²
Building footprint
548 m²
Parcel 54006N0197/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Gustave Fachedreef(L) 17, 7700 Mouscron
since 20132.219.227.168
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006N0197/00K000 | Wallonia | 3,402 m² | 1 · 548 m² | - |
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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 18,752 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
Founded18-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.