Financials
Financial year 2025
MILAY from Herent, company number BE0479185245, closed financial year 2025 with a result of € 44,535 after tax. For that financial year MILAY recorded a gross margin of € 100,696 and equity of € 251,781. Compared with financial year 2024, the result moved from € 52,049 to € 44,535. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 251,781
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,535
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 57,829
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,053 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 37,990
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 70,176
▲ 92% vs 2024
€ 23,116 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5,369
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,074
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,344 | € 127,171 | € 106,520 | € 100,696 | ▼ 5% |
| Profit after taxes | € 61,602 | € 73,595 | € 52,049 | € 44,535 | ▼ 14% |
| Equity | € 340,627 | € 308,492 | € 312,299 | € 251,781 | ▼ 19% |
| Total debts | € 73,915 | € 183,728 | € 127,294 | € 202,684 | ▲ 59% |
| Cash | € 52,205 | € 66,466 | € 73,948 | € 57,829 | ▼ 22% |
| Land & buildings | € 233,951 | € 213,856 | € 193,748 | € 255,779 | ▲ 32% |
| Retained profit | € 320,627 | € 288,492 | € 292,299 | € 231,781 | ▼ 21% |
| Dividend | € 17,927 | € 105,731 | € 48,241 | € 105,053 | ▲ 118% |
| Bank debt | € 25,282 | € 48,656 | € 36,499 | € 70,176 | ▲ 92% |
| Balance sheet total | € 414,542 | € 492,220 | € 439,593 | € 454,465 | ▲ 3% |
Key figures of MILAY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MILAY?
What happened at MILAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,535 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Haacht. KBO
- Laurens Raven became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 61,602 profit in 2022 to € 44,535 profit in 2025.
Paid € 90,976 in corporate taxes since 2022.
Best year ever: 2023, with € 73,595 profit.
Paid out € 276,952 in dividends to the owners in total.
Management
Behind MILAY is Laurens Raven.
Directors
According to the 2025 annual accounts
Laurens Raven
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Termeredellelaan 5
3020 Herent
Vijverbos(WSP) 4
3150 Haacht
Active since 10 January 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.185.245
- VAT number
- BE 0479.185.245
- Registered office
- Termeredellelaan 5, 3020 Herent
- Names & denominations
- MILAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2002
- Peppol
- Active · Active since 7 Mar 2025
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