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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mileco from Kortrijk, company number BE0719497302, closed financial year 2025 with a result of € 211,256 after tax. For that financial year Mileco recorded a gross margin of € 333,819 and equity of € 361,524. Compared with financial year 2024, the result moved from € 126,540 to € 211,256. 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 31, 2026.
€ 361,524
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,256
▲ 67% vs 2024
Profit after tax over the fiscal year.
€ 36,613
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 126,540 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 10,222
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 374,470
▼ 10% vs 2024
€ 43,107 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 8,333
▲ € 6,276 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,508
▲ 145% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 204,662 | € 182,008 | € 206,375 | € 333,819 | ▲ 62% |
| Profit after taxes | € 128,192 | € 113,343 | € 126,540 | € 211,256 | ▲ 67% |
| Equity | € 406,680 | € 349,752 | € 276,807 | € 361,524 | ▲ 31% |
| Total debts | € 534,780 | € 668,598 | € 601,118 | € 635,553 | ▲ 6% |
| Cash | € 91,980 | € 65,511 | € 39,776 | € 36,613 | ▼ 8% |
| Land & buildings | € 776,658 | € 764,480 | € 738,400 | € 752,019 | ▲ 2% |
| Retained profit | € 394,280 | € 331,152 | € 258,207 | € 342,924 | ▲ 33% |
| Dividend | € 0 | € 176,471 | € 199,485 | € 126,540 | ▼ 37% |
| Bank debt | € 500,173 | € 458,849 | € 416,957 | € 374,470 | ▼ 10% |
| Balance sheet total | € 941,460 | € 1,018,351 | € 877,926 | € 997,077 | ▲ 14% |
Key figures of Mileco, 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 Mileco?
What happened at Mileco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 211,256 (▲ 67% vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Michiel Lecluyse became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 128,192 profit in 2022 to € 211,256 profit in 2025.
Paid € 180,953 in corporate taxes since 2022.
Best year ever: 2025, with € 211,256 profit.
Paid out € 502,495 in dividends to the owners in total.
A new publication or filing at Mileco? 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
Management
Directors
According to the 2025 annual accounts
Michiel Lecluyse
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Hemelrijkstraat(Mar) 43
8510 Kortrijk
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
- 0719.497.302
- VAT number
- BE 0719.497.302
- Registered office
- Hemelrijkstraat(Mar) 43, 8510 Kortrijk
- Names & denominations
- Mileco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2019
- Peppol
- Active · Active since 20 Mar 2025
- Activities · NACE
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