Milno
Open bankruptcyA bankruptcy procedure is open for Milno according to publications in the Belgian State Gazette; curator: ELEONORE DHEYGERE.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €109,824 and a net result of €5,283.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 16 April 2026
- Supervising judge
- Vincent De Laet
- Official Gazette
- 23-04-2026 (pdf) ↗search the document for 2026/117782
Deadlines
- Appeal or third-party opposition until
- passed on 8 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 May 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 28 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 16 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Eleonore DheygereRue De Charleroi 2, 1400 Nivellesed@exalaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Other non-specialised retail sale sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€109,824▲ 5.1%
2023 · €104,542
Total assets
€2.9m▲ 207%
2023 · €954,129
Net result
€5,283▼ 92.3%
2023 · €68,978
Working capital
€47,500▼ 37.1%
2023 · €75,468
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line202220232024
Operating result€67,146-€95,640▲ 42.4%€19,507▼ 79.6%
Net result€32,564above the sector's middle half-€68,978above the sector's middle half▲ 112%€5,283within the sector's middle half▼ 92.3%
Equity€35,564within the sector's middle half-€104,542within the sector's middle half▲ 194%€109,824within the sector's middle half▲ 5.1%
Total assets€301,541within the sector's middle half-€954,129above the sector's middle half▲ 216%€2.9mabove the sector's middle half▲ 207%
Debt€265,977-€849,588▲ 219%€2.8m▲ 231%
Working capital€25,722-€75,468▲ 193%€47,500▼ 37.1%
Solvency11.8%within the sector's middle half-11.0%within the sector's middle half▼ 0.8pp3.8%within the sector's middle half▼ 7.2pp
Staff (FTE)0.31.3▲ 333%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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
The operating result falls in 2024; 2024 is 80% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets
€115,553 ▲ 296%
Current assets
€2.8m ▲ 204%
Equity and liabilities €2.9m
Equity
€109,824 ▲ 5.1%
Debt
€2.8m ▲ 231%
Debt's share of the balance-sheet total rises from 89.0% to 96.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,149▼
2023 · €99,331
Cash flow
€18,924▼
2023 · €72,669
Current ratio
1.02▼
2023 · 1.09
Quick ratio
0.74▼
2023 · 0.84
Debt to equity
25.63▲
2023 · 8.13
ROE
4.8%▼
2023 · 66.0%
ROA
0.2%▼
2023 · 7.2%
Interest coverage
3.84▼
2023 · 125.28
Debt ≤ 1 year
€2.8m▲
2023 · €849,480
Debt > 1 year
€53,229
Income taxes
€5,594▼
2023 · €25,950
Staff costs
€82,460▲
2023 · €12,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,007 | - | - |
| Remuneration, social security and pensions62 | - | €12,027 | €82,460 | ▲ 586% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €515 | €3,691 | €13,641 | ▲ 270% |
| Other operating charges640/8 | €291 | €1,960 | €5,179 | ▲ 164% |
| Non-recurring operating charges66A | - | - | €16,025 | - |
| Gross operating margin9900 | €67,952 | €113,318 | €136,812 | ▲ 20.7% |
| Operating profit (loss)9901 | €67,146 | €95,640 | €19,507 | ▼ 79.6% |
| Financial income75/76B | - | €81 | €9 | ▼ 88.4% |
| Recurring financial income75 | - | €81 | €9 | ▼ 88.4% |
| Financial charges65/66B | €26,417 | €793 | €8,640 | ▲ 990% |
| Recurring financial charges65 | €26,417 | €793 | €8,640 | ▲ 990% |
| Profit (loss) for the period before taxes9903 | €40,729 | €94,928 | €10,877 | ▼ 88.5% |
| Income taxes67/77 | €8,165 | €25,950 | €5,594 | ▼ 78.4% |
| Profit (loss) for the period9904 | €32,564 | €68,978 | €5,283 | ▼ 92.3% |
| Profit (loss) for the period to be appropriated9905 | €32,564 | €68,978 | €5,283 | ▼ 92.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €301,541 | €954,129 | €2.9m | ▲ 207% |
| Formation expenses20 | €797 | - | - | - |
| Fixed assets21/28 | €9,045 | €29,182 | €115,553 | ▲ 296% |
| Tangible fixed assets22/27 | €8,769 | €28,906 | €114,358 | ▲ 296% |
| Land and buildings22 | - | €4,969 | €4,464 | ▼ 10.2% |
| Plant, machinery and equipment23 | - | €6,707 | €14,829 | ▲ 121% |
| Furniture and vehicles24 | €8,769 | €17,230 | €87,164 | ▲ 406% |
| Leasing and similar rights25 | - | - | €7,901 | - |
| Financial fixed assets28 | €276 | €276 | €1,195 | ▲ 333% |
| Current assets29/58 | €291,699 | €924,948 | €2.8m | ▲ 204% |
| Stocks and contracts in progress3 | €10,887 | €215,494 | €771,820 | ▲ 258% |
| Stocks30/36 | €10,887 | €215,494 | €771,820 | ▲ 258% |
| Amounts receivable within one year40/41 | €272,249 | €539,591 | €1.5m | ▲ 178% |
| Trade receivables40 | €272,249 | €531,413 | €1.5m | ▲ 176% |
| Other amounts receivable41 | - | €8,178 | €38,206 | ▲ 367% |
| Cash at bank and in hand54/58 | €8,563 | €168,486 | €525,936 | ▲ 212% |
| Deferred charges and accrued income490/1 | - | €1,377 | €8,975 | ▲ 552% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €301,541 | €954,129 | €2.9m | ▲ 207% |
| Equity10/15 | €35,564 | €104,542 | €109,824 | ▲ 5.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Outside capital11 | €3,000 | €3,000 | €3,000 | = |
| Other1109/19 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €32,564 | €101,542 | €106,824 | ▲ 5.2% |
| Amounts payable17/49 | €265,977 | €849,588 | €2.8m | ▲ 231% |
| Amounts payable after more than one year17 | - | - | €53,229 | - |
| Financial debts170/4 | - | - | €53,229 | - |
| Amounts payable within one year42/48 | €265,977 | €849,480 | €2.8m | ▲ 225% |
| Current portion of amounts payable after more than one year42 | - | - | €32,240 | - |
| Trade debts44 | €240,356 | €796,149 | €2.5m | ▲ 219% |
| Suppliers440/4 | €240,356 | €796,149 | €2.5m | ▲ 219% |
| Advances received on contracts in progress46 | - | - | €33,677 | - |
| Taxes, remuneration and social security45 | €25,622 | €53,331 | €156,865 | ▲ 194% |
| Taxes450/3 | €25,622 | €49,228 | €138,801 | ▲ 182% |
| Remuneration and social security454/9 | - | €4,103 | €18,064 | ▲ 340% |
| Accrued charges and deferred income492/3 | - | €108 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,564 | €68,978 | €5,283 | ▼ 92.3% |
| + Depreciation and write-downs630 | €515 | €3,691 | €13,641 | ▲ 270% |
| Operating cash flow (approximation) | €33,079 | €72,669 | €18,924 | ▼ 74.0% |
| Investment in fixed assets (approximation) | - | -€23,827 | -€100,012 | ▼ 320% |
| Change in cash | - | €159,923 | €357,449 | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-09
KBO administration
Address struck
Avenue Pasteur 6H L’adresse du siège Avenue Pasteur 6H 1300 Die Sitzadresse Avenue Pasteur 6H 1300
1300 Wavre werd doorgehaald met ingang van Wavre · event 24-08-2026
23-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 16-04-2026
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €5,283 ▼92.3%
Net result drops to €5,283, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €68,978 ▲112%
Operating result €95,640, net result €68,978, both a record.
31-12
Financial
Equity above €100,000Eq €104,542 ▲194%
2 profitable years in a row build equity to €104,542.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Wavre · 1 establishment unit since 2022
Ground area
1.7 ha
Building footprint
1,071 m²
Volume, LiDAR
12,979 m³
Parcel 25112N0017/00A002, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MILNO
since 20222.337.259.342
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 1,071 m² | 14.7 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ELEONORE DHEYGERE RUE DE CHARLEROI 2,
1400 NIVELLES |
16-04-2026 → present |
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,498 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
Founded13-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46190Agents in non-specialised wholesale trade
70100Activities of head offices
82100Office administrative and support services
82300Organisation of conventions and trade shows
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.