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Milo Multitechnieken

Active
Private limited companyfounded 2018active for 8 yearsHanzestraat 19, 8370 Blankenberge, BelgiumKBO/BCE: BE 0707.536.014
Summary

Milo Multitechnieken has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €363,403 and a net result of €192,658. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 58% of 34,052 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€363,403▼ 0.8%
2024 · €366,245
Total assets
€676,964▼ 5.3%
2024 · €715,110
Net result
€192,658▼ 10.9%
2024 · €216,340
Working capital
€288,640▼ 3.4%
2024 · €298,872
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen two years in a row; 2025 is 12% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€200,745 2025 Net result€192,658 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€82,880-€177,151▲ 114%€206,551▲ 16.6%€236,633▲ 14.6%€308,663▲ 30.4%€229,226▼ 25.7%€200,745▼ 12.4%
Net result€62,874-€147,210above the sector's middle half▲ 134%€189,716above the sector's middle half▲ 28.9%€221,246above the sector's middle half▲ 16.6%€282,921above the sector's middle half▲ 27.9%€216,340above the sector's middle half▼ 23.5%€192,658above the sector's middle half▼ 10.9%
Equity€75,274-€172,483above the sector's middle half▲ 129%€222,199above the sector's middle half▲ 28.8%€266,446above the sector's middle half▲ 19.9%€328,216above the sector's middle half▲ 23.2%€366,245above the sector's middle half▲ 11.6%€363,403above the sector's middle half▼ 0.8%
Total assets€149,646-€326,259above the sector's middle half▲ 118%€489,860above the sector's middle half▲ 50.1%€837,873above the sector's middle half▲ 71.0%€680,643above the sector's middle half▼ 18.8%€715,110above the sector's middle half▲ 5.1%€676,964above the sector's middle half▼ 5.3%
Debt€74,372-€153,776▲ 107%€267,660▲ 74.1%€571,428▲ 113%€352,427▼ 38.3%€348,865▼ 1.0%€313,561▼ 10.1%
Working capital€53,695-€139,447above the sector's middle half▲ 160%€179,407above the sector's middle half▲ 28.7%€228,472above the sector's middle half▲ 27.3%€277,432above the sector's middle half▲ 21.4%€298,872above the sector's middle half▲ 7.7%€288,640above the sector's middle half▼ 3.4%
Solvency50.3%-52.9%within the sector's middle half▲ 2.6pp45.4%within the sector's middle half▼ 7.5pp31.8%within the sector's middle half▼ 13.6pp48.2%within the sector's middle half▲ 16.4pp51.2%within the sector's middle half▲ 3.0pp53.7%within the sector's middle half▲ 2.5pp
Current ratio2.11-2.14within the sector's middle half▲ 0.031.79within the sector's middle half▼ 0.351.42within the sector's middle half▼ 0.371.81within the sector's middle half▲ 0.391.86within the sector's middle half▲ 0.052.00within the sector's middle half▲ 0.14
Return on assets (ROA)42.0%-45.1%above the sector's middle half▲ 3.1pp38.7%above the sector's middle half▼ 6.4pp26.4%above the sector's middle half▼ 12.3pp41.6%above the sector's middle half▲ 15.2pp30.3%above the sector's middle half▼ 11.3pp28.5%above the sector's middle half▼ 1.8pp
Staff (FTE)1-1.5within the sector's middle half▲ 50.0%2.1▲ 40.0%3.3▲ 57.1%4.3▲ 30.3%4.8▲ 11.6%6.8▲ 41.7%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676,964
Fixed assets €100,734 ▲ 45.5%
Current assets €576,230 ▼ 10.8%
Equity and liabilities €676,964
Equity €363,403 ▼ 0.8%
Debt €313,561 ▼ 10.1%
Debt's share of the balance-sheet total falls from 48.8% to 46.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€230,822▼
2024 · €251,110
Cash flow
€222,735▼
2024 · €238,224
Quick ratio
1.21▼
2024 · 1.21
Debt to equity
0.86▼
2024 · 0.95
ROE
53.0%▼
2024 · 59.1%
Interest coverage
68.49▲
2024 · 35.81
Debt ≤ 1 year
€287,591▼
2024 · €347,027
Debt > 1 year
€24,729▲
2024 · €1,838
Income taxes
€14,578▼
2024 · €16,290
Staff costs
€407,474▲
2024 · €295,075
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,468 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% 1.0%
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 26,975 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 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€715,110€676,964▼
Fixed assets21/28€69,211€100,734▲
Intangible fixed assets21€4,488€3,288▼
Tangible fixed assets22/27€64,724€97,447▲
Plant, machinery and equipment23€27,801€18,525▼
Furniture and vehicles24€35,584€78,921▲
Leasing and similar rights25€1,339€0▼
Financial fixed assets28€0-
Current assets29/58€645,899€576,230▼
Stocks and contracts in progress3€225,698€228,843▲
Stocks30/36€225,698€228,843▲
Amounts receivable within one year40/41€314,509€184,844▼
Trade receivables40€267,524€150,675▼
Other amounts receivable41€46,985€34,169▼
Cash at bank and in hand54/58€88,034€144,516▲
Deferred charges and accrued income490/1€17,657€18,026▲
Equity and liabilities
Total equity and liabilities10/49€715,110€676,964▼
Equity10/15€366,245€363,403▼
Contributions10/11€12,400€12,400=
Reserves13€353,845€351,003▼
Distributable reserves133€353,845€351,003▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€348,865€313,561▼
Amounts payable after more than one year17€1,838€24,729▲
Financial debts170/4€1,838€24,729▲
Amounts payable within one year42/48€347,027€287,591▼
Current portion of amounts payable after more than one year42€6,787€7,782▲
Trade debts44€59,332€32,062▼
Suppliers440/4€59,332€32,062▼
Advances received on contracts in progress46€74,588€49,814▼
Taxes, remuneration and social security45€27,840€42,432▲
Taxes450/3€87€2,000▲
Remuneration and social security454/9€27,753€40,433▲
Other amounts payable47/48€178,479€155,500▼
Accrued charges and deferred income492/3-€1,242
Income statement Code20242025
Remuneration, social security and pensions62€295,075€407,474▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,884€30,077▲
Other operating charges640/8€4,691€1,868▼
Gross operating margin9900€550,876€640,165▲
Operating profit (loss)9901€229,226€200,745▼
Financial income75/76B€10,415€9,861▼
Recurring financial income75€10,415€9,861▼
Financial charges65/66B€7,011€3,370▼
Recurring financial charges65€7,011€3,370▼
Profit (loss) for the period before taxes9903€232,630€207,236▼
Income taxes67/77€16,290€14,578▼
Profit (loss) for the period9904€216,340€192,658▼
Profit (loss) for the period to be appropriated9905€216,340€192,658▼
Appropriation of the result
Profit (loss) to be appropriated9906€216,340€192,658▼
Transfer from equity791/2-€40,000
Transfer to equity691/2€38,029€37,158▼
To other reserves6921€38,029€37,158▼
Profit to be distributed694/7€178,311€195,500▲
Return on contributions (dividend)694-€40,000
Directors or managers695€174,600€155,500▼
Other beneficiaries697€3,711€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€79,589€141,491€238,126€295,075€407,474▲ 38.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,805€14,008€21,268€23,305€20,542€21,884€30,077▲ 37.4%
Other operating charges640/8--€3,325€2,288€27,782€4,691€1,868▼ 60.2%
Gross operating margin9900€146,261€256,348€310,732€403,717€595,113€550,876€640,165▲ 16.2%
Operating profit (loss)9901€82,880€177,151€206,551€236,633€308,663€229,226€200,745▼ 12.4%
Financial income75/76B--€2,157€6,179€7,847€10,415€9,861▼ 5.3%
Recurring financial income75€2,414€5,564€2,157€6,179€7,847€10,415€9,861▼ 5.3%
Financial charges65/66B--€4,642€5,135€9,273€7,011€3,370▼ 51.9%
Recurring financial charges65€2,845€4,181€4,642€5,135€9,273€7,011€3,370▼ 51.9%
Profit (loss) for the period before taxes9903€82,450€178,535€204,066€237,677€307,237€232,630€207,236▼ 10.9%
Income taxes67/77€19,576€31,325€14,350€16,431€24,316€16,290€14,578▼ 10.5%
Profit (loss) for the period9904€62,874€147,210€189,716€221,246€282,921€216,340€192,658▼ 10.9%
Profit (loss) for the period to be appropriated9905€62,874€147,210€189,716€221,246€282,921€216,340€192,658▼ 10.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€149,646€326,259€489,860€837,873€680,643€715,110€676,964▼ 5.3%
Fixed assets21/28€47,420€64,077€82,167€60,020€59,409€69,211€100,734▲ 45.5%
Intangible fixed assets21€10,488€9,288€8,088€6,888€5,688€4,488€3,288▼ 26.7%
Tangible fixed assets22/27€36,932€54,639€71,787€50,991€51,580€64,724€97,447▲ 50.6%
Plant, machinery and equipment23--€13,783€9,151€10,544€27,801€18,525▼ 33.4%
Furniture and vehicles24--€45,387€32,981€35,937€35,584€78,921▲ 122%
Leasing and similar rights25--€12,617€8,858€5,098€1,339€0▼ 100%
Financial fixed assets28-€150€2,292€2,142€2,142€0--
Current assets29/58€102,226€262,182€407,693€777,854€621,234€645,899€576,230▼ 10.8%
Stocks and contracts in progress3€18,822€28,041€83,707€403,968€213,292€225,698€228,843▲ 1.4%
Stocks30/36--€83,707€403,968€213,292€225,698€228,843▲ 1.4%
Amounts receivable within one year40/41€41,686€83,167€135,447€247,254€166,196€314,509€184,844▼ 41.2%
Trade receivables40--€82,862€187,423€133,557€267,524€150,675▼ 43.7%
Other amounts receivable41--€52,584€59,831€32,639€46,985€34,169▼ 27.3%
Cash at bank and in hand54/58€39,651€150,974€188,540€126,632€238,920€88,034€144,516▲ 64.2%
Deferred charges and accrued income490/1----€2,826€17,657€18,026▲ 2.1%
Equity and liabilities
Total equity and liabilities10/49€149,646€326,259€489,860€837,873€680,643€715,110€676,964▼ 5.3%
Equity10/15€75,274€172,483€222,199€266,446€328,216€366,245€363,403▼ 0.8%
Contributions10/11€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€56,860€160,083€209,799€254,046€315,816€353,845€351,003▼ 0.8%
Non-distributable reserves130/1--€1,860€1,860€0---
Reserves not available under the articles1311--€1,860€1,860€0---
Distributable reserves133--€207,939€252,186€315,816€353,845€351,003▼ 0.8%
Profit (loss) carried forward14€6,014-€0€0€0€0€0-
Amounts payable17/49€74,372€153,776€267,660€571,428€352,427€348,865€313,561▼ 10.1%
Amounts payable after more than one year17€25,841€31,041€39,374€22,046€8,625€1,838€24,729▲ 1,245%
Financial debts170/4--€39,374€22,046€8,625€1,838€24,729▲ 1,245%
Amounts payable within one year42/48€48,531€122,735€228,286€549,382€343,802€347,027€287,591▼ 17.1%
Current portion of amounts payable after more than one year42--€17,357€17,328€13,421€6,787€7,782▲ 14.7%
Financial debts43---€100,000€0---
Credit institutions430/8---€100,000€0---
Trade debts44€16,464€31,203€37,766€127,374€74,278€59,332€32,062▼ 46.0%
Suppliers440/4--€37,766€127,374€74,278€59,332€32,062▼ 46.0%
Advances received on contracts in progress46---€101,952€0€74,588€49,814▼ 33.2%
Taxes, remuneration and social security45--€28,947€24,539€36,706€27,840€42,432▲ 52.4%
Taxes450/3--€16,840€9,052€11,017€87€2,000▲ 2,203%
Remuneration and social security454/9--€12,106€15,487€25,689€27,753€40,433▲ 45.7%
Other amounts payable47/48--€144,216€178,189€219,397€178,479€155,500▼ 12.9%
Accrued charges and deferred income492/3------€1,242-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€62,874€147,210€189,716€221,246€282,921€216,340€192,658▼ 10.9%
+ Depreciation and write-downs630€14,805€14,008€21,268€23,305€20,542€21,884€30,077▲ 37.4%
Operating cash flow (approximation)€77,678€161,217€210,984€244,551€303,463€238,224€222,735▼ 6.5%
Investment in fixed assets (approximation)--€30,665-€39,358-€1,158-€19,931-€31,687-€61,600▼ 94.4%
Change in cash-€111,324€37,565-€61,908€112,288-€150,886€56,482-

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 (7)
Financial year Type Filed Reference
31-12-2025 micro format 09-04-2026 2026-00075231
31-12-2024 micro format 26-02-2025 2025-00039331
31-12-2023 micro format 11-04-2024 2024-00061917
31-12-2022 micro format 24-03-2023 2023-00044692
31-12-2021 micro format 29-04-2022 2022-20013257
31-12-2020 micro format 18-03-2021 2021-07900253
31-12-2019 micro format 24-07-2020 2020-34100248

Similar companies · same sector, comparable size

Of the 22,585 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,445. 7,256 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €5,424 awarded · €5,414 paid
Year Entries AwardedPaid
2025 1 €2,992€2,933
2024 1 €1,950€1,950
2023 1 €482€531
Schemes
3 entries · €5,424 · €5,414 paid · Fonds voor Innoveren en Ondernemen

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