Mily Group
Open bankruptcyA bankruptcy procedure is open for Mily Group according to publications in the Belgian State Gazette; curator: INGE VANHOUTTE. The 2024 annual accounts show equity of €80k and a net result of €50k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 167%
2023 · €30k
2022: €3k
2023: €30k
2022 → 2024
Total assets
€279k▲ 243%
2023 · €81k
2022: €9k
2023: €81k
2022 → 2024
Net result
€50k▲ 86.1%
2023 · €27k
2022: €151
2023: €27k
2022 → 2024
Working capital
€72k▲ 210%
2023 · €23k
2022: €3k
2023: €23k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€3k-€30k▲ 852%€80k▲ 167%
Operating result€364-€36k▲ 9,664%€66k▲ 86.8%
Net result€151-€27k▲ 17,733%€50k▲ 86.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 87% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €279k
Fixed assets
€9k▲ 36.4%
Current assets
€270k▲ 262%
Equity and liabilities €279k
Equity
€80k▲ 167%
Debt
€199k▲ 287%
The debt ratio rises from 63.2% to 71.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▲
2023 · €36k
Cash flow
€52k▲
2023 · €27k
Solvency
28.7%▼
2023 · 36.8%
Current ratio
1.36▼
2023 · 1.45
Quick ratio
1.36▼
2023 · 1.45
Debt / equity
2.49▲
2023 · 1.72
ROE
62.5%▼
2023 · 89.5%
ROA
17.9%▼
2023 · 33.0%
Interest coverage
63.77▼
2023 · 269.23
Debt
€199k▲
2023 · €51k
Debt ≤ 1 year
€198k▲
2023 · €51k
Income taxes
€18k▲
2023 · €9k
Staff costs
€11k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€279k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€7k€9k▲
Furniture and vehicles24€7k€9k▲
Current assets29/58€75k€270k▲
Amounts receivable within one year40/41€75k€269k▲
Trade receivables40€34k€194k▲
Other amounts receivable41€41k€75k▲
Cash at bank and in hand54/58€7€71▲
Equity and liabilities
Total equity and liabilities10/49€81k€279k▲
Equity10/15€30k€80k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€27k€77k▲
Amounts payable17/49€51k€199k▲
Amounts payable within one year42/48€51k€198k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€42k€167k▲
Suppliers440/4€42k€167k▲
Taxes, remuneration and social security45€10k€27k▲
Taxes450/3€9k€27k▲
Remuneration and social security454/9€418-
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€4k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83€3k▲
Other operating charges640/8€309€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€40k€84k▲
Operating profit (loss)9901€36k€66k▲
Financial income75/76B€725€3k▲
Recurring financial income75€725€3k▲
Financial charges65/66B€132€1k▲
Recurring financial charges65€132€1k▲
Profit (loss) for the period before taxes9903€36k€68k▲
Income taxes67/77€9k€18k▲
Profit (loss) for the period9904€27k€50k▲
Profit (loss) for the period to be appropriated9905€27k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€77k▲
Profit (loss) brought forward from the previous period14P€151€27k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MILY GROUP BV MIDDEL- MOLENLAAN 121, 2100 DEURNE (ANTWERPEN) · event 22-01-2026
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €50k ▲86.1%
Operating result €66k, net result €50k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
SignalFinancial 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, Antwerpen · 1 establishment unit since 2021
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.
Middelmolenlaan 1212100 AntwerpenGround area
1,558 m²
Building footprint
1,437 m²
Volume, LiDAR
8,449 m³
Parcel 11012A0259/00Z002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mily Group
since 20212.325.865.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0259/00Z002 | Flanders | 1,558 m² | 1 · 1,437 m² | 9.6 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE HEIDEBAAN 130 E, 9100 SINT-
NIKLAAS |
22-01-2026 → present |
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Of 7,289 companies in sector 43350 we hold annual accounts for 2,361. 1,999 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2021
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.