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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MILHO from Beveren-Kruibeke-Zwijndrecht, company number BE0632645579, closed financial year 2025 with a result of € 12,745 after tax. For that financial year MILHO recorded a gross margin of € 313,670 and equity of € -119,828. Compared with financial year 2024, the result moved from € -116,837 to € 12,745. Profitable, and profit is growing. 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 June 23, 2026.
€ -119,828
▲ € 12,745 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,745
▲ still € 116,837 loss in 2024
Profit after tax over the fiscal year.
€ 11,579
▲ 199% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -219,828.
People and assets in 2025
€ 99,861
▲ 6% 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.
€ 148,023
▲ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 603,333
▲ 38% vs 2024
€ 168,834 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 251,367
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,911
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,978 | € 360,526 | € 138,444 | € 313,670 | ▲ 127% |
| Profit after taxes | € -161,456 | € 126,245 | € -116,837 | € 12,745 | ▲ € 129,582 |
| Equity | € -141,981 | € -15,736 | € -132,573 | € -119,828 | ▲ € 12,745 |
| Total debts | € 1,244,108 | € 1,283,031 | € 1,082,615 | € 1,325,487 | ▲ 22% |
| Cash | € 2,990 | € 39,484 | € 3,877 | € 11,579 | ▲ 199% |
| Land & buildings | € 482,300 | € 443,527 | € 404,755 | € 365,982 | ▼ 10% |
| Retained profit | € -241,981 | € -115,736 | € -232,573 | € -219,828 | ▲ € 12,745 |
| Bank debt | € 685,167 | € 551,333 | € 437,500 | € 603,333 | ▲ 38% |
| Balance sheet total | € 1,102,127 | € 1,267,295 | € 950,042 | € 1,205,659 | ▲ 27% |
Key figures of MILHO, 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 MILHO?
What happened at MILHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,745. Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 161,456 loss in 2022 to € 12,745 profit in 2025.
Paid € 402 in corporate taxes since 2022.
Best year ever: 2023, with € 126,245 profit.
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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 MILHO are Marianne Van Remoortere and Dorien Lefebure.
Directors
According to the 2025 annual accounts
Marianne Van Remoortere
Director
Dorien Lefebure
Director
Establishments
Establishment units
Physical locations of this company
Portugezenstraat 17
9150 Beveren-Kruibeke-Zwijndrecht
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
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Network
Details
- Company number
- 0632.645.579
- VAT number
- BE 0632.645.579
- Registered office
- Portugezenstraat 17, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- MILHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2015
- Peppol
- Active · Active since 29 Dec 2024
- Contact
- milhobvba.be
- Activities · NACE
Vervaardiging van veevoeders
Vervaardiging van zetmeel en zetmeelproducten
Opslag
Groothandel in veevoeders