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MYLENE

Active Public limited companyfounded 1960active for 66 yearsIndustriepark 33, 2220 Heist-op-den-BergKBO/BCE: BE 0403.610.565 subsidiary of #1 oldest company in Heist-op-den-Berg, Manufacturing sector
Part of the group 8 companies in 2 countries

Lifetime

18 annual accounts with figures on one time axis, 49 filings since 1978
peak €27.9m (2009)
€15.3m▼ 8.8%
lowest -€3.4m (2020)
-€657,861▼ €149,530
peak €12.4m (31-03-2008)
-€2.2m▼ €657,861
€13.8m▲ 0.4%
peak 97 FTE (2012)
27.9 FTE▼ 28.8%
Board23 names since 2015all names
2 directors and 1 other
Owners4 names in the annual accounts
  
Documentsfilings and deeds
24-06-202637 days before the deadline
2025financial year
Loss of €657,861Staff from 39.2 FTE to 27.9 FTE2 directors appointed, 1 resignation 14-02Equity from -€1.6m to -€2.2mCash from €742,542 to €1.0m

Key points

from the 2025 annual accounts

Equity

-€2.2m
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€1.6m in three years
-407,4882023-508,3302024-657,8612025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€13.8m 119% of the balance sheet
Financial debts 32%Suppliers 13%Taxes and wages 5%Other 51%

€4.6m of the debts are secured on the company's own assets. In 2022 that was €5.2m.

Staff

27.9 FTE from 97 in 2012

Between 2012 and 2025, 71% of the full-time equivalents disappeared.

Filings

48 annual accounts 49 filings since 1978
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 4 to 37 days before the end of the period.

Position in the sector

-19.4%

Lower solvency than 95% of companies in chemicals. Sector median 49.5% · 249 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,241 companies had the same profile as MYLENE has now. Each dot stands for 4 companies, two years later.

92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,241 companies, not a prediction for MYLENE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 13-01-2025
Director
Auditor
  • 100%equity €15.1m (2025) · 2025 annual accounts of
  • consolidatesscore equity €215.9m (2025) · annual accounts 2020

Shares in 3 companies, including and

Board & ownership

Recent changes

1 director appointed, 1 resignation Resignation: (managing director) · Permanent representative: · Appointment: · General meeting of 12-10-2026 · Gazette deed
Reappointment: (statutory auditor) General meeting of 18-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0403610565
2 directors appointed, 1 resignation Resignation: (managing director) · Permanent representatives: , and · Appointments: (managing director) and · General meeting of 13-01-2025 · Gazette deed
All 80 events

Comparable companies

same main activity, similar in size and age
Company
MYLENE Heist-op-den-Berg €15.3m -2.0% -19.4% 27.9
LE CONDITIONNEMENT BELGE Seneffe - - 50.7% 25.3
Yves Rocher Belgique Tournai €55.2m 2.6% 11.3% 53.2
BELGO - PRISM Ath - - 84.1% 40.4
Carin Haircosmetics Middelkerke - - 79.7% 24.7
SISLEY Belgique Brussels €14.5m 3.2% -11.6% 60.7
COSMADE BELGIUM Heist-op-den-Berg - - 31.5% 67.6
-10%0%10%20%€20m€200m€2bnMYLENEEBIT margin

Grey: the largest companies of the sector (chemicals (NACE 20)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MYLENE: manufacture of chemicals and chemical products (NACE 20420). They are comparable in size and age: total assets between €3.1m and €15m, founded between 1964 and 2011.

Official details

Source: KBO
Status
Active since 22-06-1960Normal situation
Activity
Manufacture of chemicals and chemical productsNACE 20420and 2 others
Joint committees
207White-collar workers in the chemical industry
116Chemical industry · annual accounts 2025
Establishment units
2.007.292.5612220 Heist-op-den-Berg, since 01-04-1972
2.309.837.4422800 Mechelen, since 04-11-2020
Financial year end
31 December
Peppol
Reachable since 10-10-2025
Company details

Annual accounts 2025

€11.6m▼ 5.0%
Employeeson 31-12-2025
30=
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Companies linked to MYLENE

Parent and group

Subsidiaries and holdings

  • 0.75%

Insights on MYLENE

MYLENE has existed since 1960. Turnover fell from €26.8m in 2008 to €15.3m in 2025 and staff from 96 to 27.9 full-time equivalents.

Solvency fell in 2025 from -13.1% to -19.4% because of the loss.

holds all the shares.

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 MYLENE

What is the company number of MYLENE?
The company number of MYLENE is 0403.610.565. The VAT number is the same number with BE in front: BE 0403.610.565.
Where is MYLENE based?
The registered office is at Industriepark 33, 2220 Heist-op-den-Berg.Company details
What does MYLENE do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20420).
What is the legal form of MYLENE?
MYLENE is a public limited company (NV).
When was MYLENE founded?
MYLENE was founded on 22-06-1960.
Is MYLENE still active?
Yes, MYLENE is an active enterprise in the KBO register.
How many employees does MYLENE have?
MYLENE had an average of 27.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MYLENE fall under?
In its 2025 annual accounts, MYLENE states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
What is the turnover of MYLENE?
The turnover of MYLENE was €15.3m in financial year 2025, according to the filed annual accounts.
Is MYLENE profitable?
In financial year 2025, MYLENE made a loss of €657,861.
Where can I find the annual accounts of MYLENE?
MYLENE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MYLENE due?
MYLENE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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