Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2024; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
MILITZA BRUGGE from Brugge, company number BE0538617145, closed financial year 2024 with a result of € -331,722 after tax. For that financial year MILITZA BRUGGE recorded revenue of € 3.5 million and equity of € -757,959. Compared with financial year 2023, the result moved from € -526,846 to € -331,722. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ -757,959
▼ € 331,722 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -331,722
▲ 37 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,997
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2024
21.5
▲ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 15% vs 2023
€ 61,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 69,339
▲ 93% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 713,654
Loans from banks and other lenders, long and short.
€ 599,938
▲ 131% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 225,686
▲ 17% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,892,877 | € 3,134,689 | € 3,504,874 | ▲ 12% |
| Gross margin | € 517,831 | - | - | - | |
| Profit after taxes | € -341,065 | € -470,075 | € -526,846 | € -331,722 | ▲ € 195,124 |
| Equity | € -629,315 | € 100,610 | € -426,236 | € -757,959 | ▼ € 331,722 |
| Total debts | € 1,226,633 | € 1,382,881 | € 1,632,303 | € 2,052,733 | ▲ 26% |
| Cash | € 390,236 | € 80,418 | € 9,276 | € 1,997 | ▼ 78% |
| Retained profit | € -647,915 | € -1,117,990 | € -1,644,836 | € -1,976,559 | ▼ € 331,722 |
| Bank debt | € 1,000,000 | € 0 | € 0 | € 713,654 | |
| Balance sheet total | € 597,318 | € 1,483,491 | € 1,206,067 | € 1,294,774 | ▲ 7% |
| Employees (FTE) | 13.5 | 15.4 | 21 | 21.5 | ▲ 0.5 |
Key figures of MILITZA BRUGGE, 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 MILITZA BRUGGE?
What happened at MILITZA BRUGGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 331,722. filed late Source: NBB ↗
- Zamr Holding became a director. NBB
- Luc Kluppels stepped down as director. NBB
- 3RM BV stepped down as director. NBB
- Morander BV stepped down as director. NBB
- Morander BV became a director. NBB
- Luc Kluppels became a director. NBB
- 3RM BV became a director. NBB
In short
From € 341,065 loss in 2021 to € 331,722 loss in 2024.
On average € 38,400 of value added per employee in 2021.
Pays suppliers within 83 days on average.
Management
The stake of HOMYAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MILITZA BRUGGEBehind MILITZA BRUGGE is Zamr Holding. The shares are held by HOMYAR (100%).
Directors
According to the 2024 annual accounts
Director · represented by Lieven BATEN
Also active at: VITAL ASSISTENCE, DOMAINE DE LA ROSE BLANCHE, MILITZA
since 2025
Director · represented by Dullaert BIRGIT
Also active at: Rustoord Battenbroek, LOVENBOS, NEUVE COUR, My-Assist, VITAL ASSISTENCE, DOMAINE DE LA ROSE BLANCHE, SERVICES ARDENNES, JUTOMAPI +8 more
since 2022 · until 2025
Luc Kluppels
Director
Also active at: LOVENBOS, NEUVE COUR, My-Assist, VITAL ASSISTENCE, DOMAINE DE LA ROSE BLANCHE, SERVICES ARDENNES, SILVERSTONE II, JUTOMAPI +9 more
since 2022 · until 2025
Director · represented by Peters RODERICK
Also active at: Rustoord Battenbroek, LOVENBOS, NEUVE COUR, My-Assist, VITAL ASSISTENCE, DOMAINE DE LA ROSE BLANCHE, SERVICES ARDENNES, SILVERSTONE II +11 more
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noorweegse Kaai 24
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.617.145
- VAT number
- BE 0538.617.145
- Registered office
- Noorweegse Kaai 24, 8000 Brugge
- Names & denominations
- MILITZA BRUGGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Serviceflats voor ouderen