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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MILLUX from Mouscron, company number BE0502586296, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year MILLUX recorded a gross margin of € 245,037 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 781,480 to € 2.1 million. 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 June 30, 2026.
€ 3.7 million
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 175% vs 2024
Profit after tax over the fiscal year.
€ 29,449
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 690,489 paid out
32 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15,413
▼ 84% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,393
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 774,263
▼ 19% vs 2024
€ 180,733 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,517
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 288,485
▲ 106% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 415,766 | € 1,026,194 | € 970,591 | € 245,037 | ▼ 75% |
| Profit after taxes | € 254,139 | € 673,965 | € 781,480 | € 2,145,824 | ▲ 175% |
| Equity | € 1,335,009 | € 1,883,589 | € 2,266,252 | € 3,713,415 | ▲ 64% |
| Total debts | € 2,232,275 | € 1,951,805 | € 1,704,951 | € 1,882,160 | ▲ 10% |
| Cash | € 79,049 | € 345,460 | € 128,952 | € 29,449 | ▼ 77% |
| Land & buildings | € 822,621 | € 1,048,527 | € 984,155 | € 947,487 | ▼ 4% |
| Retained profit | € 1,225,510 | € 1,783,475 | € 2,174,318 | € 3,629,654 | ▲ 67% |
| Dividend | € 8,600 | € 116,000 | € 390,637 | € 690,489 | ▲ 77% |
| Bank debt | € 1,327,114 | € 1,137,833 | € 954,155 | € 774,263 | ▼ 19% |
| Balance sheet total | € 3,567,284 | € 3,835,393 | € 3,971,203 | € 5,595,574 | ▲ 41% |
| Employees (FTE) | 1 | 1 | 1 | 0.1 | ▼ 0.9 |
Key figures of MILLUX, 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 MILLUX?
What happened at MILLUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.1 million (▲ 175% vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- Frédéric LABIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 254,139 profit in 2022 to € 2.1 million profit in 2025.
Paid € 879,661 in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
On average € 970,600 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MILLUX is Frédéric LABIS. The shares are held by Frédéric LABIS. It owns 100% of GREFA CONSULTING SRL, 60% of Immo Etangs, 33.3% of Techniparts JFF, 20% of DE2 Holding and 11.1% of Eneva itself.
Directors
According to the 2025 annual accounts
Frédéric LABIS
Director
Is a shareholder
Also active at: FRANQUET, GREFA CONSULTING, WEST INGELEC, INGELEC
since 2013
Shareholders
Frédéric LABIS · director
Participations
Establishments
Establishment units
Physical locations of this company
Gustave Fachedreef(L) 17
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0502.586.296
- VAT number
- BE 0502.586.296
- Registered office
- Gustave Fachedreef(L) 17, 7700 Mouscron
- Names & denominations
- MILLUX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2013
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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