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Milo

Active
Private limited companyfounded 2025active for 1 yearOverwegstraat 54, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 1019.453.964
Summary

The computed 12-month bankruptcy probability of Milo is 2.3% (moderate). The 2025 annual accounts show equity of €3,716 and a net result of €716. Its solvency ranks better than 30% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2025, micro format

Turnover
≈ €24,000
Estimated: probably between €11,000 and €35,000
Total assets
€13,035
Net result
€716
Working capital
-€226

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €13,035
Fixed assets €3,942
Current assets €9,093
Equity and liabilities €13,035
Equity €3,716
Debt €9,319
Debt finances 71.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€1,488
Cash flow
€792
Current ratio
0.98
Debt to equity
2.51
ROE
19.3%
ROA
5.5%
Interest coverage
5.16
Debt ≤ 1 year
€9,319
Income taxes
€452

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,390 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€13,035
Fixed assets21/28€3,942
Tangible fixed assets22/27€1,442
Plant, machinery and equipment23€1,442
Financial fixed assets28€2,500
Current assets29/58€9,093
Amounts receivable after more than one year29€1,500
Other amounts receivable291€1,500
Amounts receivable within one year40/41€2,013
Trade receivables40€298
Other amounts receivable41€1,715
Cash at bank and in hand54/58€5,580
Equity and liabilities
Total equity and liabilities10/49€13,035
Equity10/15€3,716
Contributions10/11€3,000
Reserves13€716
Distributable reserves133€716
Amounts payable17/49€9,319
Amounts payable within one year42/48€9,319
Trade debts44€6,393
Suppliers440/4€6,393
Taxes, remuneration and social security45€452
Taxes450/3€452
Other amounts payable47/48€2,474
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76
Other operating charges640/8€943
Gross operating margin9900€2,431
Operating profit (loss)9901€1,412
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€289
Recurring financial charges65€289
Profit (loss) for the period before taxes9903€1,168
Income taxes67/77€452
Profit (loss) for the period9904€716
Profit (loss) for the period to be appropriated9905€716
Appropriation of the result
Profit (loss) to be appropriated9906€716
Transfer to equity691/2€716
To other reserves6921€716

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76
Other operating charges640/8€943
Gross operating margin9900€2,431
Operating profit (loss)9901€1,412
Financial income75/76B€45
Recurring financial income75€45
Financial charges65/66B€289
Recurring financial charges65€289
Profit (loss) for the period before taxes9903€1,168
Income taxes67/77€452
Profit (loss) for the period9904€716
Profit (loss) for the period to be appropriated9905€716
Line2025
Assets
Total assets20/58€13,035
Fixed assets21/28€3,942
Tangible fixed assets22/27€1,442
Plant, machinery and equipment23€1,442
Financial fixed assets28€2,500
Current assets29/58€9,093
Amounts receivable after more than one year29€1,500
Other amounts receivable291€1,500
Amounts receivable within one year40/41€2,013
Trade receivables40€298
Other amounts receivable41€1,715
Cash at bank and in hand54/58€5,580
Equity and liabilities
Total equity and liabilities10/49€13,035
Equity10/15€3,716
Contributions10/11€3,000
Reserves13€716
Distributable reserves133€716
Amounts payable17/49€9,319
Amounts payable within one year42/48€9,319
Trade debts44€6,393
Suppliers440/4€6,393
Taxes, remuneration and social security45€452
Taxes450/3€452
Other amounts payable47/48€2,474
Line2025
Profit (loss) for the period9904€716
+ Depreciation and write-downs630€76
Operating cash flow (approximation)€792

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-03-2026 2026-00060572

Similar companies · same sector, comparable size

Of the 8,345 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,308. 828 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.