MILVUS AIR
ActiveSummary
The computed 12-month bankruptcy probability of MILVUS AIR is 1.7% (moderate). For MILVUS AIR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10k and a net result of €18k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 66% of 575 sector peers (fiscal year 2023). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100
Solvency79▲+79
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five 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 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
54.3%
Return on assets
100%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
1 d early
2022
32 d late
2021
60 d late
2019
90 d late
2018
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€10k
2022 · €-8k
2018: €-7k
2019: €-8k
2021: €-8k
2022: €-8k
2018 → 2023
Total assets
€18k▲ 1,061%
2022 · €2k
2018: €4k
2019: €2k
2021: €2k
2022: €2k
2018 → 2023
Net result
€18k
2019 · €-1k
2018: €-8k
2019: €-1k
2018 → 2023
Working capital
€10k
2022 · €-8k
2018: €-7k
2019: €-8k
2021: €-8k
2022: €-8k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202120222023Trend
Equity€-7k-€-8k▼ 21.4%€-8k=€-8k=€10k
Operating result€-8k-€-1k▲ 83.1%€18k
Net result€-8k-€-1k▲ 82.3%€18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €18k in 2023, compared with €-1k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Equity and liabilities €18k
Equity
€10k
Debt
€8k
Debt finances 45.7% of the balance-sheet total.
Key figures and ratios
Current ratio
2.19
Debt to equity
0.84
ROE
184.2%
ROA
100.0%
Debt ≤ 1 year
€8k▼
2022 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 22 lines
Balance sheet
Code20222023
Assets
Total assets20/58€2k€18k▲
Current assets29/58€2k€18k▲
Amounts receivable within one year40/41€2k€18k▲
Trade receivables40-€18k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€34-
Equity and liabilities
Total equity and liabilities10/49€2k€18k▲
Equity10/15€-8k€10k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€-15k€3k▲
Amounts payable17/49€10k€8k▼
Amounts payable within one year42/48€10k€8k▼
Financial debts43€69-
Credit institutions430/8€69-
Other amounts payable47/48€10k€8k▼
Income statement
Code20222023
Gross operating margin9900-€18k
Operating profit (loss)9901-€18k
Profit (loss) for the period before taxes9903-€18k
Profit (loss) for the period9904-€18k
Profit (loss) for the period to be appropriated9905-€18k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€3k▲
Profit (loss) brought forward from the previous period14P€-15k€-15k=
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €18k
Operating result €18k, net result €18k, both a record.
31-12
Financial
Liquidity times 14current ratio 2.19
Current ratio from 0.16 to 2.19; short-term debt falls from €10k to €8k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Keerbergen · 1 establishment unit since 2014
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.
Kruisheide 253140 KeerbergenGround area
2,733 m²
Building footprint
146 m²
Volume, LiDAR
661 m³
Parcel 24472F0201/00D002, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FREDEX
since 20142.226.710.917
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472F0201/00D002 | Flanders | 2,733 m² | 1 · 146 m² | 6.6 m · 1 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.
Similar companies · same sector, comparable size
CLEVAC INTERNATIONAL - D. TOUR BENELUX
BE 0431.674.546
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Het Stuur
BE 0783.982.803
Grimbergen · Eq €10,000
A.D.R. SERVICES
BE 0439.673.185
Lier · Eq €10,005
THE FLYING ANT
BE 0792.812.672
Brussel · Eq €10,122
BNM Services
BE 0540.544.475
Hulshout · Eq €9,287
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
66220Insurance agents and brokers
79120Travel agency, tour operator and other reservation service and related activities
79901Tourist information services
82400Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.