Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MILO from Koekelberg, company number BE0451711479, closed financial year 2025 with a result of € -3,908 after tax. For that financial year MILO recorded a gross margin of € 13,599 and equity of € 47,390. Compared with financial year 2024, the result moved from € -6,052 to € -3,908. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ 47,390
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,908
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,911
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -101,346.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,416 | € 13,294 | € 13,223 | € 13,599 | ▲ 3% |
| Profit after taxes | € -4,854 | € -6,791 | € -6,052 | € -3,908 | ▲ € 2,144 |
| Equity | € 64,140 | € 57,350 | € 51,298 | € 47,390 | ▼ 8% |
| Total debts | € 224,686 | € 200,686 | € 176,686 | € 152,686 | ▼ 14% |
| Cash | € 60,360 | € 44,224 | € 27,812 | € 10,911 | ▼ 61% |
| Land & buildings | € 212,479 | € 200,661 | € 188,842 | € 177,023 | ▼ 6% |
| Retained profit | € -84,596 | € -91,386 | € -97,438 | € -101,346 | ▼ € 3,908 |
| Balance sheet total | € 288,826 | € 258,036 | € 227,984 | € 200,076 | ▼ 12% |
Key figures of MILO, 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 MILO?
What happened at MILO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,908. Source: NBB ↗
- New establishment in Koekelberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,854 loss in 2022 to € 3,908 loss in 2025.
Management
Behind MILO is Patrick DE SAEDELEIR. Patrick DE SAEDELEIR is also behind DS Fiberlink, Cover Flooring BE and DS TEXTILE GROUP.
Directors
According to the 2025 annual accounts
Patrick DE SAEDELEIR
Managing director
Also active at: DS Fiberlink, Cover Flooring BE, DS TEXTILE GROUP
Establishments
Establishment units
Physical locations of this company
Vanderborghtstraat 18
1081 Koekelberg
Vanderborghtstraat 25
1081 Koekelberg
Active since 3 November 1994
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.711.479
- VAT number
- BE 0451.711.479
- Registered office
- Vanderborghtstraat 18, 1081 Koekelberg
- Names & denominations
- MILO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1993
- Peppol
- Not registered