MILS
ActiveThe computed 12-month bankruptcy probability of MILS is 4.0% (moderate). The 2025 annual accounts show equity of €30k and a net result of €17k. Its solvency ranks better than 49% of 13306 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+12
Solvency54▲+18
Growth78
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.56 in 2024; short-term debt: 68.1% and cash: 24% of total assets), and 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.9%
Return on assets
16.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 2 filingsDeviation from the deadline
2025
17 d late
2024
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▲ 136%
2024 · €13k
2024: €13k
2024 → 2025
Total assets
€102k▼ 11.8%
2024 · €116k
2024: €116k
2024 → 2025
Net result
€17k▲ 89.2%
2024 · €9k
2024: €9k
2024 → 2025
Working capital
€-18k▲ 54.6%
2024 · €-39k
2024: €-39k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€13k-€30k▲ 136%
Operating result€10k-€25k▲ 143%
Net result€9k-€17k▲ 89.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 143% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€50k▼ 24.6%
Current assets
€52k▲ 5.6%
Equity and liabilities €102k
Equity
€30k▲ 136%
Debt
€73k▼ 29.8%
The debt ratio falls from 89.2% to 71.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €22k
Cash flow
€24k▲
2024 · €20k
Solvency
28.9%▲
2024 · 10.8%
Current ratio
0.75▲
2024 · 0.56
Quick ratio
0.66▲
2024 · 0.48
Debt / equity
2.46▼
2024 · 8.26
ROE
57.7%▼
2024 · 72.0%
ROA
16.7%▲
2024 · 7.8%
Interest coverage
18.98▼
2024 · 113.40
Debt
€73k▼
2024 · €103k
Debt ≤ 1 year
€70k▼
2024 · €88k
Income taxes
€7k▲
2024 · €2k
Staff costs
€117k▼
2024 · €152k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€116k€102k▼
Fixed assets21/28€67k€50k▼
Tangible fixed assets22/27€57k€50k▼
Plant, machinery and equipment23€26k€24k▼
Furniture and vehicles24€10k€9k▼
Other tangible fixed assets26€21k€18k▼
Financial fixed assets28€10k-
Current assets29/58€49k€52k▲
Amounts receivable after more than one year29-€10k
Other amounts receivable291-€10k
Stocks and contracts in progress3€6k€6k▼
Stocks30/36€6k€6k▼
Amounts receivable within one year40/41€11k€6k▼
Trade receivables40€2k€4k▲
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€26k€25k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€116k€102k▼
Equity10/15€13k€30k▲
Contributions10/11€4k€4k=
Reserves13€9k€26k▲
Distributable reserves133€9k€26k▲
Amounts payable17/49€103k€73k▼
Amounts payable within one year42/48€88k€70k▼
Trade debts44€3k€18k▲
Suppliers440/4€3k€18k▲
Advances received on contracts in progress46-€365
Taxes, remuneration and social security45€18k€27k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€7k€13k▲
Other amounts payable47/48€67k€24k▼
Accrued charges and deferred income492/3€15k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€152k€117k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€176k€152k▼
Operating profit (loss)9901€10k€25k▲
Financial income75/76B€456€532▲
Recurring financial income75€456€532▲
Financial charges65/66B€193€2k▲
Recurring financial charges65€193€2k▲
Profit (loss) for the period before taxes9903€11k€24k▲
Income taxes67/77€2k€7k▲
Profit (loss) for the period9904€9k€17k▲
Profit (loss) for the period to be appropriated9905€9k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€17k▲
Transfer to equity691/2€9k€17k▲
To other reserves6921€9k€17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
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, Maasmechelen · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dokter Haubenlaan(M) 493630 MaasmechelenGround area
243 m²
Building footprint
86 m²
Volume, LiDAR
607 m³
Parcel 73048B0266/00X012, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MILS
since 20232.344.793.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0266/00X012 | Flanders | 243 m² | 1 · 86 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 siteMaasmechelen2.344.793.470
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TASTE 19
BE 0560.899.530
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DP Bredene
BE 0803.436.350
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ADLR
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2023
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.