Turnover
≈ €140,000 estimated
The micro format states no turnover.
MILVUS AIR
Lifetime
8 annual accounts with figures on one time axispeak €18,000 (2023)
€18,000
lowest -€8,184 (2018)
€18,000
peak €9,770 (2023)
€9,770▲ €18,000
€8,230▼ 15.9%
Board3 names since 2018
2 directorsJean claude Hersleven and 1 other
Documentsfilings and deeds
30-07-20241 day before the deadline
2023micro format
Equity from -€8,230 to €9,770Debts from €9,781 to €8,230
Key points
from the 2023 annual accountsFilings
8 annual accounts 466 days past the deadline
2024 accounts not filed: deadline was 31-07-2025.
Position in the sector
€9,770
Less equity than 80% of companies in travel agencies. Sector median €56,187 · 564 companies.
2023 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 1,004 companies (NACE 79, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.0%● unchanged vs 12-2024lowest value
02-2025: 2.0%● unchanged vs 01-2025lowest value
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.2%▲ +0.2 percentage points vs 03-2025
05-2025: 2.5%▲ +0.3 percentage points vs 04-2025
06-2025: 2.4%▼ -0.1 percentage points vs 05-2025
07-2025: 2.4%● unchanged vs 06-2025
08-2025: 3.1%▲ +0.7 percentage points vs 07-2025
09-2025: 3.6%▲ +0.5 percentage points vs 08-2025
10-2025: 6.1%▲ +2.5 percentage points vs 09-2025
11-2025: 5.7%▼ -0.4 percentage points vs 10-2025
12-2025: 6.7%▲ +1.0 percentage point vs 11-2025
01-2026: 8.3%▲ +1.6 percentage points vs 12-2025
02-2026: 8.3%● unchanged vs 01-2026
03-2026: 8.6%▲ +0.3 percentage points vs 02-2026highest value
04-2026: 8.0%▼ -0.6 percentage points vs 03-2026
05-2026: 4.9%▼ -3.1 percentage points vs 04-2026
06-2026: 4.9%● unchanged vs 05-2026
07-2026: 4.9%● unchanged vs 06-2026
08-2026: 6.8%▲ +1.9 percentage points vs 07-2026
09-2026: 7.9%▲ +1.1 percentage points vs 08-2026
10-2026: 7.9%● unchanged vs 09-2026
11-2026: 7.9%● unchanged vs 10-2026
Financial strength, FY 2023Strong
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Signals
Six signals.
lowers riskraises riskneutral
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 year end31-07-2025 deadline09-11-2026 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 filed
2024
not filed
2023
1 day early
2022
32 days late
2021
60 days late
2019
90 days late
2018
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 42 days after the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Recent changes
Company renamed from FREDEX to MILVUS AIR
Registered office moved from Antwerp to Keerbergen · New registered office: Kruisheide 25, 3140 Keerbergen · Previous registered office: Pater Damiaanstraat 68, 2610 Antwerpen (Wilrijk) · Gazette deed
New manager
Jean claude Hersleven appointed, Hersleven Frederic resigned · General meeting of 30-11-2018 · Gazette deed
Incorporation
published on 20-02-2014 · Gazette deed
First establishment
FREDEX, Kruisheide 25, Keerbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MILVUS AIR Keerbergen | €18,000 | €18,000 | 54.3% | - |
| SKYLARK Dilbeek | €26,995 | €13,349 | -90.0% | - |
| EUROPEAN TOURISM ASSOCIATION Brussels | €18,187 | €25,552 | 100.0% | - |
| EURO TOURS TRAVEL ORGANISATION Genk | €21,765 | €14,348 | 100.0% | - |
| Semersah België Heusden-Zolder | €21,858 | €47,883 | -289.4% | 1 |
| POLAR CIRCLES Huldenberg | €6,240 | €9,682 | -381.8% | - |
| Belgium Trade and Travel Tervuren | €33,442 | €27,019 | -328.0% | - |
These companies have the same main activity as MILVUS AIR: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €6,240 and €33,400, founded between 2010 and 2021.
Official details
Source: KBO- Status
- Active since 05-02-2014Normal situation
- Activity
- Travel agency activitiesNACE 79110and 4 others
- Establishment unit
- 2.226.710.9173140 Keerbergen, since 05-02-2014
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MILVUS AIR
MILVUS AIR files the micro format. That format states no turnover. The gross margin rose from -€127 in 2014 to €18,000 in 2023.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MILVUS AIR
- What is the company number of MILVUS AIR?
- The company number of MILVUS AIR is 0545.946.484. The VAT number is the same number with BE in front: BE 0545.946.484.
- Where is MILVUS AIR based?
- The registered office is at Kruisheide 25, 3140 Keerbergen.Company details
- What does MILVUS AIR do?
- According to the KBO register, the main activity is travel agency activities (NACE 79110).
- What is the legal form of MILVUS AIR?
- MILVUS AIR is a private limited company (BV).
- When was MILVUS AIR founded?
- MILVUS AIR was founded on 05-02-2014.
- Is MILVUS AIR still active?
- Yes, MILVUS AIR is an active enterprise in the KBO register.
- What is the turnover of MILVUS AIR?
- The turnover in financial year 2023 is ≈ €140,000. This figure is estimated from the gross margin of €18,000 and 6,297 comparable companies of the same size. It probably lies between €63,000 and €330,000. It is a rough estimate.Financials
- Is MILVUS AIR profitable?
- In financial year 2023, MILVUS AIR made a profit of €18,000.
- Where can I find the annual accounts of MILVUS AIR?
- MILVUS AIR filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
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