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MILPOSH

Active
Private limited company·Ontwikkeling van residentiële bouwprojecten· 4 yrs active
Boulevard Joseph Tirou 203 ·6000 Charleroi, Belgium
KBO/BCE: BE 0778.302.264
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MILPOSH is 0.7% (low). The 2024 annual accounts show equity of €1.34M and a net result of €317k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 776 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 83% of 776 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 27-08-2025 27 d late 2025-00423067
31-12-2023 31-07-2024 25-07-2024 6 d early 2024-00293587
31-12-2022 31-07-2023 30-08-2023 30 d late 2023-00399494

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€317k-0.3%
Working capital€638k-9.1%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · volledig
€0€250k€500k€750k€1.00MOperating result 2022: €931k€931kNet result 2022: €702k€702kOperating result 2023: €430k€430kNet result 2023: €318k€318kOperating result 2024: €445k€445kNet result 2024: €317k€317k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~31.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€500k€1.00M€1.50M€2.00M€2.50M2025: €1.65M (€1.55M - €1.76M)2026: €1.97M (€1.87M - €2.08M)2027: €2.29M (€2.18M - €2.40M)2022: €702k2023: €1.02M2024: €1.34M202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 74.0% 16.5%
better than 83% of 776 sector peers
Net result €317k €-2k
better than 89% of 774 sector peers
Equity €1.34M €136k
better than 77% of 776 sector peers
Gross operating margin €527k €45k
better than 87% of 609 sector peers
Total assets €1.81M €1.72M
better than 51% of 776 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P83
2022: P81 · n=5472023: P78 · n=6562024: P83 · n=7762022 2024
Stable position over 2022-2024 · n=547-776
Net result P89
2022: P92 · n=5452023: P88 · n=6522024: P89 · n=7742022 2024
Stable position over 2022-2024 · n=545-774
Equity P77
2022: P66 · n=5472023: P70 · n=6562024: P77 · n=7762022 2024
Stable position over 2022-2024 · n=547-776
Gross operating margin P87
2022: P92 · n=4082023: P85 · n=4982024: P87 · n=6092022 2024
Stable position over 2022-2024 · n=408-609
Describes the position versus peers, not a forecast.
EBITDA
€487k
+9.8% 22-24
Net profit
€317k
-0.3% 22-24
Cash flow
€360k
+8.4% 22-24
Total assets
€1.81M
+12.7% 22-24
Equity
€1.34M
+31.1% 22-24
Working capital
€638k
-9.1% 22-24
Income taxes
€104k
+1.4% 22-24
Debt
€470k
-19.4% 22-24
Debt ≤ 1y
€206k
-64.7% 22-24
Debt > 1y
€264k
- 22-24
Current ratio
4.10
+86.1% 22-24
Quick ratio
2.37
+64.5% 22-24
Solvency
74.0%
+16.3% 22-24
Debt / equity
0.35
-38.5% 22-24
ROE
23.7%
-23.9% 22-24
ROA
17.5%
-11.5% 22-24
Interest coverage
20.46
-55.0% 22-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€487k
Net profit€317k
Cash flow€360k
Staff costs-
Income taxes€104k
Dividends-
Total assets€1.81M
Equity€1.34M
Debt€470k
of which ≤ 1y€206k
of which > 1y€264k
Working capital€638k
Employees (FTE)-
Ratios (computed)
2024
Current ratio4.10
Quick ratio2.37
Working capital ratio35.3%
Solvency74.0%
Debt / equity0.35
Long-term debt ratio0.20
Interest coverage20.46
Gross margin-
Net margin-
ROA17.5%
ROE23.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.81M
Fixed assets 21/28€963k
Tangible fixed assets 22/27€963k
Current assets 29/58€844k
Stocks & contracts in progress 3€357k
Amounts receivable within one year 40/41€82k
Investments 50/53€100k
Cash & bank 54/58€304k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.81M
Equity 10/15€1.34M
Contributions / capital 10/11€500
Accumulated profits (losses) 14€1.34M
Amounts payable 17/49€470k
Amounts payable after one year 17€264k
Amounts payable within one year 42/48€206k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€527k
Operating result 9901€445k
Financial income 75€0
Financial charges 65€24k
Result before taxes 9903€421k
Income taxes 67/77€104k
Net result for the period 9904€317k
Result to be appropriated 9905€317k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
approximate (street level) On OpenStreetMap

Establishment units

1 location
MILPOSH
Boulevard Joseph Tirou 203, 6000 CharleroiOntwikkeling van residentiële bouwprojecten
since 20212.325.022.296
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area857 m²
Buildings1
Building footprint738 m²
Volume (LiDAR)59,123 m³
Tallest building96.1 m · ±26 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52011D0211/00A000 Wallonia 857 m² 1 · 738 m² 96.1 m · 26 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency100Growth52Stability94
88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 100
Solvency 100
Growth 52
Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Detailhandel in overige bouwmaterialen in gespecialiseerde winkels47529Detailhandel in overige bouwmaterialen, neg47529Detailhandel in antiquiteiten in winkels47791Detailhandel in antiquiteiten47791Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Ontwikkeling van niet-residentiële bouwprojecten68122Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameFR MILPOSH
Registered office
Boulevard Joseph Tirou 203 bus 10
6000 Charleroi, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.