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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
MILHEM from Leuven, company number BE0550925257, closed financial year 2024 with a result of € -54,428 after tax. For that financial year MILHEM recorded a gross margin of € -37,320 and equity of € 31,955. Compared with financial year 2023, the result moved from € 46,729 to € -54,428. The company made a loss. The buffer shrank hard: equity is 63 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 28, 2025.
€ 31,955
▼ 63% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,428
▼ still € 46,729 profit in 2023
Profit after tax over the fiscal year.
€ 45,780
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,055.
Debts at end 2024
€ 247,141
▲ € 242,911 vs 2023
€ 5,300 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 82,685
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,079
▼ 53% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 21,841 | € 78,283 | € -37,320 | ▼ € 115,603 |
| Profit after taxes | € 2,082 | € 46,729 | € -54,428 | ▼ € 101,158 |
| Equity | € 39,654 | € 86,384 | € 31,955 | ▼ 63% |
| Total debts | € 283,348 | € 176,067 | € 456,785 | ▲ 159% |
| Cash | € 37,964 | € 44,379 | € 45,780 | ▲ 3% |
| Retained profit | € 21,754 | € 68,484 | € 14,055 | ▼ 79% |
| Bank debt | € 181,579 | € 4,230 | € 247,141 | ▲ € 242,911 |
| Balance sheet total | € 323,002 | € 262,450 | € 488,740 | ▲ 86% |
Key figures of MILHEM, fiscal years 2022 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 30 January 2026.
What happened to MILHEM?
What happened at MILHEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 54,428 (▼ € 101,158 vs 2023). filed late Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,082 profit in 2022 to € 54,428 loss in 2024.
Paid € 17,883 in corporate taxes since 2022.
Best year ever: 2023, with € 46,729 profit.
A new publication or filing at MILHEM? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg 454
3012 Leuven
Vandenboogaerdestraat 67
1080 Sint-Jans-Molenbeek
Active since 27 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0550.925.257
- VAT number
- BE 0550.925.257
- Registered office
- Aarschotsesteenweg 454, 3012 Leuven
- Names & denominations
- MILHEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2014
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- 0489/24.02.40
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden