MILL42 is registered with the CBE as active in: Vervaardiging van vloerkleden en tapijt. Public Limited, started on 24 September 1981, 1 establishment.

What is the address of MILL42?

The registered office of MILL42 is located at Moorseelsestraat(Heu) 113, 8501 Kortrijk.

Is MILL42 still active?

Yes. According to the CBE (31 October 2026) MILL42 is active, legal situation “Normale toestand”, started on 24 September 1981.

Is MILL42 registered on Peppol?

Yes, MILL42 is registered on the Peppol network with ID 0208:0421888236.

What is the enterprise number of MILL42?

The enterprise number of MILL42 is BE0421888236.

When was MILL42 founded?

MILL42 was founded on 24 September 1981.

Who are the directors of MILL42?

According to the 2025 annual accounts, the directors of MILL42 are: Panima NV, Charbel Abou Zeidan.

Is MILL42 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 September 1981; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MILL42 make in 2025?

MILL42 posted a profit after taxes of € 238,954 in financial year 2025.

What is the revenue of MILL42?

As a small company, MILL42 is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 280,496.

MILL42 (Public Limited) - Kortrijk - BE0421888236

Dossier MILL42, printed on 1 November 2026 from databakkes.be/en/0421888236/mill42. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MILL42 from Kortrijk, company number BE0421888236, closed financial year 2025 with a result of € 238,954 after tax. For that financial year MILL42 recorded a gross margin of € 280,496 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 201,438 to € 238,954. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.

What it is worth Growing

€ 1.1 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 238,954

▲ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 169,138

▼ 36% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 235,000 paid out

98 % of the profit went to the shareholders, mostly to PANIMA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Vehicles and equipment

€ 12,997

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 48,926

▼ 60% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,747

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 46,597 Gross margin 2022: € 46,597 First fiscal year in the series	€ -21,054 Gross margin 2023: € -21,054 ▼ € 67,652 vs 2022 (€ 46,597) Unfavourable step	€ 243,940 Gross margin 2024: € 243,940 ▲ € 264,995 vs 2023 (€ -21,054) Favourable step	€ 280,496 Gross margin 2025: € 280,496 ▲ 15% vs 2024 (€ 243,940) Favourable step	▲ 15%
Profit after taxes	€ 12,746 Profit after taxes 2022: € 12,746 First fiscal year in the series	€ 159,772 Profit after taxes 2023: € 159,772 ▲ € 147,026 vs 2022 (€ 12,746) Favourable step	€ 201,438 Profit after taxes 2024: € 201,438 ▲ 26% vs 2023 (€ 159,772) Favourable step	€ 238,954 Profit after taxes 2025: € 238,954 ▲ 19% vs 2024 (€ 201,438) Favourable step	▲ 19%
Equity	€ 1,137,175 Equity 2022: € 1,137,175 First fiscal year in the series	€ 1,120,876 Equity 2023: € 1,120,876 ▼ 1% vs 2022 (€ 1,137,175) Unfavourable step	€ 1,132,314 Equity 2024: € 1,132,314 ▲ 1% vs 2023 (€ 1,120,876) Favourable step	€ 1,136,268 Equity 2025: € 1,136,268 Unchanged (€ 1,132,314) Favourable step
Total debts	€ 143,296 Total debts 2022: € 143,296 First fiscal year in the series	€ 256,679 Total debts 2023: € 256,679 ▲ 79% vs 2022 (€ 143,296) Unfavourable step	€ 316,734 Total debts 2024: € 316,734 ▲ 23% vs 2023 (€ 256,679) Unfavourable step	€ 291,753 Total debts 2025: € 291,753 ▼ 8% vs 2024 (€ 316,734) Favourable step	▼ 8%
Cash	€ 37,933 Cash 2022: € 37,933 First fiscal year in the series	€ 6,854 Cash 2023: € 6,854 ▼ 82% vs 2022 (€ 37,933) Unfavourable step	€ 265,183 Cash 2024: € 265,183 ▲ € 258,329 vs 2023 (€ 6,854) Favourable step	€ 169,138 Cash 2025: € 169,138 ▼ 36% vs 2024 (€ 265,183) Unfavourable step	▼ 36%
Land & buildings	€ 988,604 Land & buildings 2022: € 988,604 First fiscal year in the series	€ 961,186 Land & buildings 2023: € 961,186 ▼ 3% vs 2022 (€ 988,604) Unchanged	€ 935,898 Land & buildings 2024: € 935,898 ▼ 3% vs 2023 (€ 961,186) Unchanged	€ 914,571 Land & buildings 2025: € 914,571 ▼ 2% vs 2024 (€ 935,898) Unchanged	▼ 2%
Retained profit	€ 1,074,175 Retained profit 2022: € 1,074,175 First fiscal year in the series	€ 1,057,876 Retained profit 2023: € 1,057,876 ▼ 2% vs 2022 (€ 1,074,175) Unfavourable step	€ 1,069,314 Retained profit 2024: € 1,069,314 ▲ 1% vs 2023 (€ 1,057,876) Favourable step	€ 1,073,268 Retained profit 2025: € 1,073,268 Unchanged (€ 1,069,314) Favourable step
Dividend	€ 26,000 Dividend 2022: € 26,000 First fiscal year in the series	€ 176,071 Dividend 2023: € 176,071 ▲ € 150,071 vs 2022 (€ 26,000) Unchanged	€ 190,000 Dividend 2024: € 190,000 ▲ 8% vs 2023 (€ 176,071) Unchanged	€ 235,000 Dividend 2025: € 235,000 ▲ 24% vs 2024 (€ 190,000) Unchanged	▲ 24%
Bank debt	€ 50,000 Bank debt 2022: € 50,000 First fiscal year in the series	€ 40,000 Bank debt 2023: € 40,000 ▼ 20% vs 2022 (€ 50,000) Favourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 40,000) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,499,903 Balance sheet total 2022: € 1,499,903 First fiscal year in the series	€ 1,377,554 Balance sheet total 2023: € 1,377,554 ▼ 8% vs 2022 (€ 1,499,903) Unchanged	€ 1,449,048 Balance sheet total 2024: € 1,449,048 ▲ 5% vs 2023 (€ 1,377,554) Unchanged	€ 1,428,021 Balance sheet total 2025: € 1,428,021 ▼ 1% vs 2024 (€ 1,449,048) Unchanged	▼ 1%

Key figures of MILL42, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MILL42?

What happened at MILL42 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Panima NV stepped down as director. NBB
2027 Charbel Abou Zeidan stepped down as director. NBB
Feb 26, 2026 New annual accounts for financial year 2025: profit of € 238,954 (▲ 19% vs 2024). filed late Source: NBB ↗
2022 Panima NV became a director. NBB
2022 Charbel Abou Zeidan became a director. NBB
Sep 24, 1981 New establishment in Kortrijk. KBO
Sep 24, 1981 Start of the company according to the CBE. KBO

In short

From € 12,746 profit in 2022 to € 238,954 profit in 2025.

Paid € 8,896 in corporate taxes since 2022.

Best year ever: 2025, with € 238,954 profit.

Paid out € 627,071 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PANIMA 100%

The stake of PANIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MILL42

The shares are held by PANIMA (100%).

Directors

According to the 2025 annual accounts

Panima NV

Managing director · represented by Pascal Meersschaert

Also active at: MEEVEST

since 2022 · until 2027

Charbel Abou Zeidan

Director

since 2022 · until 2027

Shareholders

PANIMA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Moorseelsestraat(Heu) 113

8501 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

MEEVEST same network

€ 58,348 gross margin · 2025

PANIMA same network

€ 529,903 gross margin · 2024

PANIMILL

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0421.888.236

VAT number

BE 0421.888.236

Registered office

Moorseelsestraat(Heu) 113, 8501 Kortrijk

Names & denominations

MILL42

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 September 1981

Peppol

Active · Active since 4 Feb 2026

Activities · NACE

Vervaardiging van vloerkleden en tapijt

Activiteiten van fotografen, met uitzondering van persfotografen

View on CBE Public ↗ Annual accounts (NBB) ↗

MILL42

Financials

What happened to MILL42?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions