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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
MILLER HEATING from Knokke-Heist, company number BE0691954250, closed financial year 2024 with a result of € 545,313 after tax. For that financial year MILLER HEATING recorded a gross margin of € 1 million and equity of € 1.5 million. Compared with financial year 2023, the result moved from € 396,343 to € 545,313. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 1.5 million
▲ 58% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 545,313
▲ 38% vs 2023
Profit after tax over the fiscal year.
€ 459,529
▲ 16% 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 € 1.5 million.
People and assets in 2024
€ 233,480
▲ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 112,994
▲ € 100,317 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 243,018
▲ 15% vs 2023
€ 33,594 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 395,209
▲ € 307,214 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 55,469
▲ 46% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 488,932 | € 452,634 | € 815,494 | € 1,043,160 | ▲ 28% |
| Profit after taxes | € 82,672 | € 111,567 | € 396,343 | € 545,313 | ▲ 38% |
| Equity | € 422,538 | € 534,106 | € 930,449 | € 1,469,581 | ▲ 58% |
| Total debts | € 521,912 | € 527,797 | € 405,888 | € 731,230 | ▲ 80% |
| Cash | € 192,928 | € 132,599 | € 397,217 | € 459,529 | ▲ 16% |
| Land & buildings | € 307,601 | € 286,770 | € 265,937 | € 245,982 | ▼ 8% |
| Retained profit | € 403,938 | € 515,506 | € 911,849 | € 1,450,981 | ▲ 59% |
| Bank debt | € 356,799 | € 331,045 | € 210,619 | € 243,018 | ▲ 15% |
| Balance sheet total | € 944,450 | € 1,061,903 | € 1,336,337 | € 2,200,811 | ▲ 65% |
| Employees (FTE) | 5.3 | 4.3 | - | - |
Key figures of MILLER HEATING, 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 MILLER HEATING?
What happened at MILLER HEATING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 545,313 (▲ 38% vs 2023). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Michael Meulemans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 82,672 profit in 2021 to € 545,313 profit in 2024.
Paid € 425,721 in corporate taxes since 2021.
Best year ever: 2024, with € 545,313 profit.
On average € 105,300 of value added per employee in 2022.
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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 MILLER HEATING is Michael Meulemans. Michael Meulemans is also behind AM Renovations and THE MILL PROPERTIES.
Directors
According to the 2024 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Marktstraat 6
8301 Knokke-Heist
Nicolas Mengélaan 18
8301 Knokke-Heist
Active since 12 March 2018
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.
Details
- Company number
- 0691.954.250
- VAT number
- BE 0691.954.250
- Registered office
- Marktstraat 6, 8301 Knokke-Heist
- Names & denominations
- MILLER HEATING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2018
- Peppol
- Active · Active since 9 Apr 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Sanitaire werkzaamheden