Equity
-€53,763
Debts exceed assets in financial year 2025.
V.E.D.E. - Milord
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €110,535 (2025)
€110,535▲ 39.8%
lowest -€67,276 (2022)
€31,587▲ 492%
peak €42,773 (2018)
-€53,763▲ €31,587
€104,601▼ 34.1%
peak 4 FTE (2017)
-not published
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €79,089 to €110,535Result from €5,333 to €31,587Equity from -€85,350 to -€53,763Debts from €158,702 to €104,601Cash from €32,079 to €20,132
Key points
from the 2025 annual accountsTurnover
≈ €290,000 estimated
The micro format states no turnover.
Debts
€104,601 206% of the balance sheet
Suppliers 56%Taxes and wages 15%Other 29%
Of this, €94,672 falls due within a year.
Filings
34 annual accounts since 1992
Five of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
At the same address
50 companies
Position in the sector
-€53,763
Less equity than 90% of companies in food and beverage service. Sector median €28,653 · 17,184 companies.
Checked score
56
Fair
Financially stronger than 56% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%highest value
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 1.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.9%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▼ -1.1 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026lowest value
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.4 percentage points vs 07-2026
09-2026: 0.9%▼ -0.4 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Sector: Food and beverage service activities (NACE 56)
Negative equity -€53,763
lowers risk
Founded in 1991
Size: total assets €50,838
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 46% on liquidity, 93% on profitability and 76% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as V.E.D.E. - Milord has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of V.E.D.E. - Milord itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,794 companies, not a prediction for V.E.D.E. - Milord. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.34 (0.57 in 2024), below 1. Short-term debt is 186.2% and cash 39.6% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17153 sector peers (2025).
NBB · sector comparisonPosition among 17153 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
37 days early
2023
28 days late
2022
34 days early
2021
13 days early
2020
26 days late
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444926825
Amendment of the articles · Legal-form change · Resignations & appointments
General meeting of 29-12-2023 · Gazette deed
First establishment
LE MILORD, Keizer Karellaan 420, Berchem-Sainte-Agathe
Incorporation
published on 14-09-1991 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| V.E.D.E. - Milord Berchem-Sainte-Agathe | €50,838 | €110,535 | -105.8% | - |
| CICCATH Juprelle | €60,039 | €105,248 | -34.0% | - |
| P.C.A. Brussels | €68,647 | €139,322 | -16.9% | - |
| TAVERNE D'EVERE Schaerbeek | €66,000 | €126,602 | 59.7% | - |
| DE WASTOBBE Laarne | €42,675 | €100,542 | 52.0% | - |
| SPORTWERELD ST Sint-Truiden | €60,022 | €96,451 | 37.6% | - |
| DE GRILLEKES Leuven | €59,858 | €113,946 | 34.7% | - |
These companies have the same main activity as V.E.D.E. - Milord: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €42,700 and €68,600, founded between 1980 and 1996.
Official details
Source: KBO- Status
- Active since 27-08-1991Normal situation
- Registered office
- 51 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Cafés and barsNACE 56301and 1 other
- Establishment unit
- 2.054.623.1181082 Berchem-Sainte-Agathe, since 18-10-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on V.E.D.E. - Milord
V.E.D.E. - Milord files the micro format. That format states no turnover. The gross margin rose from €84,426 in 2006 to €110,535 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets.
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 V.E.D.E. - Milord
- What is the company number of V.E.D.E. - Milord?
- The company number of V.E.D.E. - Milord is 0444.926.825. The VAT number is the same number with BE in front: BE 0444.926.825.
- Where is V.E.D.E. - Milord based?
- The registered office is at Keizer Karellaan 420, 1082 Berchem-Sainte-Agathe.Company details
- What does V.E.D.E. - Milord do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of V.E.D.E. - Milord?
- V.E.D.E. - Milord is a private limited company (BV).
- When was V.E.D.E. - Milord founded?
- V.E.D.E. - Milord was founded on 27-08-1991.
- Is V.E.D.E. - Milord still active?
- Yes, V.E.D.E. - Milord is an active enterprise in the KBO register.
- How many employees does V.E.D.E. - Milord have?
- V.E.D.E. - Milord had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of V.E.D.E. - Milord?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €110,535 and 32 comparable companies (NACE 56301). It probably lies between €260,000 and €380,000.
- Is V.E.D.E. - Milord profitable?
- In financial year 2025, V.E.D.E. - Milord made a profit of €31,587.
- Where can I find the annual accounts of V.E.D.E. - Milord?
- V.E.D.E. - Milord filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of V.E.D.E. - Milord due?
- V.E.D.E. - Milord must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.