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.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
MILLPLEDGE EUROPE from Wingene, company number BE0674755754, closed financial year 2024 with a result of € 67,131 after tax. For that financial year MILLPLEDGE EUROPE recorded a gross margin of € 475,473 and equity of € -560,477. Compared with financial year 2023, the result moved from € -409,004 to € 67,131. 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 August 5, 2025.
€ -560,477
▲ € 67,131 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,131
▲ still € 409,004 loss in 2023
Profit after tax over the fiscal year.
€ 119,491
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -643,175.
People and assets in 2024
5.4
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 387,627
▲ 24% vs 2023
€ 71,800 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 144,629
▼ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 57,193
▼ 22% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 156,172 | € -41,805 | € -61,603 | € 475,473 | ▲ € 537,076 |
| Profit after taxes | € 42,920 | € -308,213 | € -409,004 | € 67,131 | ▲ € 476,136 |
| Equity | € 25,510 | € -218,605 | € -627,609 | € -560,477 | ▲ € 67,131 |
| Total debts | € 1,074,323 | € 1,051,722 | € 1,457,147 | € 1,700,640 | ▲ 17% |
| Cash | € 29,037 | € 170,851 | € 135,299 | € 119,491 | ▼ 12% |
| Retained profit | € 6,910 | € -301,303 | € -710,307 | € -643,175 | ▲ € 67,131 |
| Balance sheet total | € 1,099,834 | € 833,118 | € 829,538 | € 1,140,163 | ▲ 37% |
| Employees (FTE) | 0.1 | 4.2 | 5.5 | 5.4 | ▼ 0.1 |
By gross margin, MILLPLEDGE EUROPE ranks 22nd of 79 companies with main activity “Groothandel in farmaceutische en medische artikelen” in West Flanders that publish figures (fiscal year 2024).
Key figures of MILLPLEDGE EUROPE, 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.
Ask about MILLPLEDGE EUROPE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to MILLPLEDGE EUROPE?
What happened at MILLPLEDGE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 67,131. filed late Source: NBB ↗
- Gregory Minne became a director. NBB
- Ian Patrick Campbell became a director. NBB
- Richard Ian Talbot became a director. NBB
- Philip Neil Wood became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wingene. KBO
In short
From € 42,920 profit in 2021 to € 67,131 profit in 2024.
Paid € 7,517 in corporate taxes since 2021.
Best year ever: 2024, with € 67,131 profit.
On average € 88,100 of value added per employee in 2024.
Management
Behind MILLPLEDGE EUROPE are Ian Patrick Campbell, Richard Ian Talbot, Philip Neil Wood and Gregory Minne. Gregory Minne is also behind MD-VET.
Directors
According to the 2024 annual accounts
Ian Patrick Campbell
Director
since 2021
Richard Ian Talbot
Director
since 2021
Philip Neil Wood
Director
since 2021
since 2022
Establishments
Establishment units
Physical locations of this company
Verrekijker 38
8750 Wingene
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.
Similar companies in West Flanders
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€ 48.6 million revenue · 2025 · Oostkamp
€ 38.1 million revenue · 2025 · Menen
€ 24.2 million revenue · 2025 · Kortrijk
€ 23.9 million revenue · 2025 · Wingene
€ 22.9 million revenue · 2025 · Oostkamp
€ 21.1 million revenue · 2025 · Kuurne
Website
Technologies
Certifications & Partners
Domain
Domain
millpledgeveterinary.nl
Registered
2007-04-15
Registrar
Key-Systems GmbH
Website info
Features
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 ↗- MILLPLEDGE Ltd.(oprichter) 99%
- CHESLYN-CURTIS Graham(oprichter) 1%
Details
- Company number
- 0674.755.754
- VAT number
- BE 0674.755.754
- Registered office
- Verrekijker 38, 8750 Wingene
- Names & denominations
- MILLPLEDGE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2017
- Peppol
- Active · Active since 20 Dec 2025
- Contact
- millpledgeveterinary.nl
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Diensten in verband met de verzorging van huisdieren, muv veterinaire diensten
Diensten in verband met de verzorging van huisdieren, m.u.v. veterinaire diensten