Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NEW MILANO from Arlon, company number BE0461521248, closed financial year 2024 with a result of € -2,230 after tax. For that financial year NEW MILANO recorded a gross margin of € 194,341 and equity of € 75,169. Compared with financial year 2023, the result moved from € 2,899 to € -2,230. 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.
€ 75,169
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,230
▼ still € 2,899 profit in 2023
Profit after tax over the fiscal year.
€ 31,109
▼ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 56,577.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 131,687
▲ 41% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 59,884
▲ 103% vs 2023
Of which on lease € 48,544.
Debts at end 2024
€ 162,535
▲ 11% vs 2023
€ 26,370 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 28,079
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,406
▲ 59% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 112,108 | € 153,966 | € 142,657 | € 194,341 | ▲ 36% |
| Profit after taxes | € 22,535 | € 3,515 | € 2,899 | € -2,230 | ▼ € 5,129 |
| Equity | € 101,069 | € 84,584 | € 77,400 | € 75,169 | ▼ 3% |
| Total debts | € 220,821 | € 240,760 | € 208,297 | € 235,005 | ▲ 13% |
| Cash | € 63,013 | € 62,183 | € 34,846 | € 31,109 | ▼ 11% |
| Land & buildings | € 195,312 | € 177,098 | € 156,859 | € 144,764 | ▼ 8% |
| Retained profit | € 82,477 | € 65,992 | € 58,808 | € 56,577 | ▼ 4% |
| Dividend | € 0 | € 20,000 | € 10,083 | € 0 | ▼ 100% |
| Bank debt | € 171,468 | € 161,128 | € 146,625 | € 162,535 | ▲ 11% |
| Balance sheet total | € 321,890 | € 325,344 | € 285,697 | € 310,175 | ▲ 9% |
Key figures of NEW MILANO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NEW MILANO?
What happened at NEW MILANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2,230 (▼ € 5,129 vs 2023). filed late Source: NBB ↗
- New establishment in Arlon. KBO
- Start of the company according to the CBE. KBO
- VINCENZO MILANO became a director. NBB
In short
From € 22,535 profit in 2021 to € 2,230 loss in 2024.
Paid € 5,958 in corporate taxes since 2021.
Best year ever: 2021, with € 22,535 profit.
Paid out € 30,083 in dividends to the owners in total.
Management
Behind NEW MILANO is VINCENZO MILANO.
Directors
According to the 2024 annual accounts
VINCENZO MILANO
Manager
since 1997
Establishments
Establishment units
Physical locations of this company
Rue Saint-Jean 55
6700 Arlon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0461.521.248
- VAT number
- BE 0461.521.248
- Registered office
- Rue Saint-Jean 55, 6700 Arlon
- Names & denominations
- NEW MILANO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1997
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- restaurant-enzo-milano-arlon.be
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening