Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2 to 0.8.
Financials
Financial year 2025
MILLFLOOR from Braine-l'Alleud, company number BE0670869519, closed financial year 2025 with a result of € 742 after tax. For that financial year MILLFLOOR recorded a gross margin of € 107,711 and equity of € 149,256. Compared with financial year 2024, the result moved from € 29,826 to € 742. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 149,256
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 742
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 9,515
▼ 89% 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 € 143,056.
People and assets in 2025
0.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 47,018
▼ 31% 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.
€ 30,755
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,842
▲ 113% vs 2024
€ 4,842 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 342,834
▲ 199% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,021
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,382 | € 255,808 | € 168,034 | € 107,711 | ▼ 36% |
| Profit after taxes | € 59,192 | € 57,721 | € 29,826 | € 742 | ▼ 98% |
| Equity | € 60,967 | € 118,688 | € 148,514 | € 149,256 | |
| Total debts | € 1,074,527 | € 1,135,802 | € 341,887 | € 678,814 | ▲ 99% |
| Cash | € 49,645 | € 171,633 | € 86,539 | € 9,515 | ▼ 89% |
| Retained profit | € 54,767 | € 112,488 | € 142,314 | € 143,056 | ▲ 1% |
| Dividend | € 2,155 | € 0 | € 0 | € 0 | |
| Bank debt | € 551,186 | € 413,552 | € 143,169 | € 304,842 | ▲ 113% |
| Balance sheet total | € 1,135,494 | € 1,254,489 | € 490,401 | € 828,070 | ▲ 69% |
| Employees (FTE) | 2.1 | 2 | 1.3 | 0.8 | ▼ 0.5 |
Key figures of MILLFLOOR, 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 MILLFLOOR?
What happened at MILLFLOOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 742 (▼ 98% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Braine-l'Alleud. KBO
In short
From € 59,192 profit in 2022 to € 742 profit in 2025.
Paid € 80,721 in corporate taxes since 2022.
Best year ever: 2022, with € 59,192 profit.
On average € 129,300 of value added per employee in 2024.
Management
Behind MILLFLOOR are Depaepe Stephanie and Depaepe Alexandre. The shares are held by Francis Depaepe, Depaepe Stephanie, Vandenhaute Quentin and Depaepe Alexandre.
Directors
According to the 2025 annual accounts
Depaepe Stephanie
Director
Is a shareholder
Depaepe Alexandre
Director
Is a shareholder
Shareholders
Francis Depaepe
Depaepe Stephanie · director
Vandenhaute Quentin
Depaepe Alexandre · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Graignette 27
1420 Braine-l'Alleud
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEPAEPE Alexandre Cédric Chantal(oprichter) 75%
- DEPAEPE Stéphanie Nicole Claude(oprichter) 25%
Details
- Company number
- 0670.869.519
- VAT number
- BE 0670.869.519
- Registered office
- Rue de la Graignette 27, 1420 Braine-l'Alleud
- Names & denominations
- MILLFLOOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2017
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Groothandel in hout