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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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Millennium Ventures from Watermaal-Bosvoorde, company number BE0779402522, closed financial year 2024 with a result of € 510,522 after tax. For that financial year Millennium Ventures recorded a gross margin of € -7,963 and equity of € 408,129. Compared with financial year 2023, the result moved from € -58,494 to € 510,522. 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 September 30, 2025.
€ 408,129
▲ € 510,522 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 510,522
▲ still € 58,494 loss in 2023
Profit after tax over the fiscal year.
€ 10,000
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 398,129.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 26,233
▼ 99% vs 2023
Loans from banks and other lenders, long and short.
€ 3,356
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -4,567 | € -7,605 | € -7,963 | ▼ € 359 |
| Profit after taxes | € -53,899 | € -58,494 | € 510,522 | ▲ € 569,015 |
| Equity | € -43,899 | € -102,393 | € 408,129 | ▲ € 510,522 |
| Total debts | € 2,520,508 | € 2,783,561 | € 52,078 | ▼ 98% |
| Cash | € 10,000 | € 10,000 | € 10,000 | |
| Retained profit | € -53,899 | € -112,393 | € 398,129 | ▲ € 510,522 |
| Bank debt | € 2,515,941 | € 2,666,609 | € 26,233 | ▼ 99% |
| Balance sheet total | € 2,476,609 | € 2,681,168 | € 460,206 | ▼ 83% |
Key figures of Millennium Ventures, fiscal years 2022 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 Millennium Ventures?
What happened at Millennium Ventures in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 510,522. filed late Source: NBB ↗
- Said RKAIBI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 53,899 loss in 2022 to € 510,522 profit in 2024.
Best year ever: 2024, with € 510,522 profit.
Management
Behind Millennium Ventures is Said RKAIBI.
Directors
According to the 2024 annual accounts
Said RKAIBI
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 178 box 5
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Anc. Ets. F. Verdeyen
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.402.522
- VAT number
- BE 0779.402.522
- Registered office
- Terhulpsesteenweg 178 bus 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- Millennium Ventures
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2021
- Peppol
- Not registered