MILO'S
ActiveSummary
The computed 12-month bankruptcy probability of MILO'S is 5.3% (elevated). The 2025 annual accounts show negative equity (-€18,282) and a net result of €1,658. Equity is shrinking by ~23% per year across the filed fiscal years. Its solvency ranks better than 10% of 13604 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency0=
Growth53=
Track record100
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.12 in 2024; short-term debt: 203.3% and cash: 11.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-103.3%
Return on assets
9.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 13604 sector peers (2025).
NBB · sector comparisonPosition among 13604 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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 · 7 filingsDeviation from the deadline
2025
39 d late
2024
31 d late
2023
30 d late
2022
21 d early
2021
75 d early
2020
32 d early
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€67,185▲ 49.0%
2021 · €45,076
EBIT margin
-9.7%▼ 16.4pp
2021 · 6.7%
Net result
€1,658
2024 · -€7,850
Working capital
-€29,912▼ 16.7%
2024 · -€25,639
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20212022202320242025
Turnover€45,076▲ 24.9%€67,185▲ 49.0%
Operating result€3,017-€6,504€2,644-€6,734€2,124
Net result€1,956within the sector's middle half-€7,511within the sector's middle half€2,052within the sector's middle half-€7,850below the sector's middle half€1,658within the sector's middle half
EBIT margin6.7%▲ 20.6pp-9.7%▼ 16.4pp
Equity-€6,630below the sector's middle half▲ 22.8%-€14,141below the sector's middle half▼ 113%-€12,090below the sector's middle half▲ 14.5%-€19,940below the sector's middle half▼ 64.9%-€18,282below the sector's middle half▲ 8.3%
Total assets€30,719below the sector's middle half▼ 21.3%€63,762within the sector's middle half▲ 108%€59,469within the sector's middle half▼ 6.7%€16,500below the sector's middle half▼ 72.3%€17,706below the sector's middle half▲ 7.3%
Debt€37,350▼ 21.6%€77,903▲ 109%€71,559▼ 8.1%€36,439▼ 49.1%€35,988▼ 1.2%
Working capital-€7,610within the sector's middle half▼ 55.5%-€17,164within the sector's middle half▼ 126%-€19,511within the sector's middle half▼ 13.7%-€25,639within the sector's middle half▼ 31.4%-€29,912within the sector's middle half▼ 16.7%
Solvency-21.6%below the sector's middle half▲ 0.4pp-22.2%below the sector's middle half▼ 0.6pp-20.3%below the sector's middle half▲ 1.8pp-120.8%below the sector's middle half▼ 100.5pp-103.3%below the sector's middle half▲ 17.6pp
Current ratio0.76within the sector's middle half▼ 0.080.73within the sector's middle half▼ 0.030.69within the sector's middle half▼ 0.030.12below the sector's middle half▼ 0.570.17below the sector's middle half▲ 0.05
Return on assets (ROA)6.4%within the sector's middle half▲ 19.3pp-11.8%below the sector's middle half▼ 18.1pp3.4%within the sector's middle half▲ 15.2pp-47.6%below the sector's middle half▼ 51.0pp9.4%within the sector's middle half▲ 56.9pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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 returns to profit in 2025: €2,124 after a loss of €6,734 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,706
Fixed assets
€11,631 ▼ 10.1%
Current assets
€6,075 ▲ 70.9%
Key figures and ratios
EBITDA
€4,524▲
2024 · -€4,578
Cash flow
€4,058▲
2024 · -€5,694
Debt to equity
-1.97▼
2024 · -1.83
Interest coverage
9.70▲
2024 · -4.08
Debt ≤ 1 year
€35,988▲
2024 · €29,195
Staff costs
€548▼
2024 · €1,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,178 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €45,076 | €67,185 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €39,214 | €61,093 | - | - | - | - |
| Remuneration, social security and pensions62 | €3,035 | €2,422 | €3,762 | €1,421 | €548 | ▼ 61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,463 | €9,826 | €3,094 | €2,156 | €2,400 | ▲ 11.3% |
| Other operating charges640/8 | €348 | €348 | - | €587 | €600 | ▲ 2.1% |
| Gross operating margin9900 | €13,862 | €6,092 | €9,500 | -€2,570 | €5,671 | ▲ 321% |
| Operating profit (loss)9901 | €3,017 | -€6,504 | €2,644 | -€6,734 | €2,124 | ▲ 132% |
| Financial income75/76B | €0 | - | - | €7 | €1 | ▼ 85.8% |
| Recurring financial income75 | €0 | - | - | €7 | €1 | ▼ 85.8% |
| Financial charges65/66B | €1,061 | €1,007 | €593 | €1,123 | €467 | ▼ 58.5% |
| Recurring financial charges65 | €1,061 | €1,007 | €593 | €1,123 | €467 | ▼ 58.5% |
| Profit (loss) for the period before taxes9903 | €1,956 | -€7,511 | €2,052 | -€7,850 | €1,658 | ▲ 121% |
| Profit (loss) for the period9904 | €1,956 | -€7,511 | €2,052 | -€7,850 | €1,658 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €1,956 | -€7,511 | €2,052 | -€7,850 | €1,658 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,719 | €63,762 | €59,469 | €16,500 | €17,706 | ▲ 7.3% |
| Fixed assets21/28 | €6,461 | €18,193 | €15,100 | €12,944 | €11,631 | ▼ 10.1% |
| Tangible fixed assets22/27 | €1,961 | €13,693 | €10,600 | €8,444 | €7,131 | ▼ 15.6% |
| Plant, machinery and equipment23 | €1,961 | €13,693 | €10,600 | €8,444 | €7,131 | ▼ 15.6% |
| Financial fixed assets28 | €4,500 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Current assets29/58 | €24,259 | €45,568 | €44,369 | €3,556 | €6,075 | ▲ 70.9% |
| Amounts receivable within one year40/41 | €24,259 | €43,956 | €41,602 | €1,563 | €3,948 | ▲ 153% |
| Trade receivables40 | - | €25,544 | €33,256 | €703 | €2,437 | ▲ 247% |
| Other amounts receivable41 | €24,259 | €18,412 | €8,346 | €861 | €1,511 | ▲ 75.6% |
| Cash at bank and in hand54/58 | - | €1,595 | €2,510 | €1,722 | €2,114 | ▲ 22.7% |
| Deferred charges and accrued income490/1 | - | €17 | €257 | €270 | €14 | ▼ 94.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,719 | €63,762 | €59,469 | €16,500 | €17,706 | ▲ 7.3% |
| Equity10/15 | -€6,630 | -€14,141 | -€12,090 | -€19,940 | -€18,282 | ▲ 8.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€12,830 | -€20,341 | -€18,290 | -€26,140 | -€24,482 | ▲ 6.3% |
| Amounts payable17/49 | €37,350 | €77,903 | €71,559 | €36,439 | €35,988 | ▼ 1.2% |
| Amounts payable after more than one year17 | €5,481 | €15,170 | €7,678 | - | - | - |
| Financial debts170/4 | €5,481 | €15,170 | €7,678 | - | - | - |
| Amounts payable within one year42/48 | €31,868 | €62,733 | €63,880 | €29,195 | €35,988 | ▲ 23.3% |
| Current portion of amounts payable after more than one year42 | €24,934 | €22,563 | €14,724 | €10,425 | - | - |
| Trade debts44 | €6,424 | €40,138 | €46,605 | €2,019 | €999 | ▼ 50.5% |
| Suppliers440/4 | €6,424 | €40,138 | €46,605 | €2,019 | €999 | ▼ 50.5% |
| Taxes, remuneration and social security45 | €510 | €31 | €33 | €209 | - | - |
| Taxes450/3 | €62 | - | - | €158 | - | - |
| Remuneration and social security454/9 | €448 | €31 | €33 | €52 | - | - |
| Other amounts payable47/48 | - | - | €2,518 | €16,541 | €34,989 | ▲ 112% |
| Accrued charges and deferred income492/3 | - | - | - | €7,245 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,956 | -€7,511 | €2,052 | -€7,850 | €1,658 | ▲ 121% |
| + Depreciation and write-downs630 | €7,463 | €9,826 | €3,094 | €2,156 | €2,400 | ▲ 11.3% |
| Operating cash flow (approximation) | €9,419 | €2,315 | €5,145 | -€5,694 | €4,058 | ▲ 171% |
| Investment in fixed assets (approximation) | - | -€21,559 | €0 | €0 | -€1,087 | - |
| Change in cash | - | - | €915 | -€788 | €391 | ▲ 150% |
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
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
31-12
Financial
Back to profitnet €1,658
Net result €1,658 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €2,052
Net result €2,052 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,956
Net result €1,956 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Boussu · 1 establishment unit since 2019
Ground area
4.2 ha
Building footprint
1.7 ha
Volume, LiDAR
114,148 m³
Parcel 53041B0729/00Z003, Wallonia · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MILO'S
since 20192.283.830.257
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53041B0729/00Z003 | Wallonia | 4.2 ha | 1 · 1.7 ha | 10.7 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBoussu2.283.830.257
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0716659655
Also
9925:BE0716659655
Registered
29-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.