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 58 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MILQ from Merksplas, company number BE0799907134, closed financial year 2025 with a result of € 893,150 after tax. For that financial year MILQ recorded a gross margin of € 2.4 million and equity of € 959,191. Compared with financial year 2024, the result moved from € 66,807 to € 893,150. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 959,191
▲ € 893,150 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 893,150
▲ € 826,343 vs 2024
Profit after tax over the fiscal year.
€ 229,055
▲ 283% 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 € 949,191.
People and assets in 2025
€ 528,572
▲ 3% 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.
€ 477,203
▲ € 467,365 vs 2024
Of which on lease € 460,222.
Debts at end 2025
€ 2.4 million
▲ 111% vs 2024
€ 59,294 is repaid this year. At this pace the long-term loan is gone in ≈ 41 years.
€ 2 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 332,702
▲ € 255,264 vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -3,272 | € 737,830 | € 2,380,026 | ▲ 223% |
| Profit after taxes | € -10,766 | € 66,807 | € 893,150 | ▲ € 826,343 |
| Equity | € -766 | € 66,041 | € 959,191 | ▲ € 893,150 |
| Total debts | € 407,852 | € 4,433,862 | € 4,931,695 | ▲ 11% |
| Cash | € 29,012 | € 59,808 | € 229,055 | ▲ 283% |
| Land & buildings | - | - | € 23,440 | |
| Retained profit | € -10,766 | € 56,041 | € 949,191 | ▲ € 893,150 |
| Bank debt | € 0 | € 1,153,960 | € 2,429,596 | ▲ 111% |
| Balance sheet total | € 407,086 | € 4,499,903 | € 5,890,886 | ▲ 31% |
Key figures of MILQ, fiscal years 2023 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 MILQ?
What happened at MILQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 893,150 (▲ € 826,343 vs 2024). Source: NBB ↗
- New establishment in Merksplas. KBO
- Bo Quirynen became a director. NBB
- New establishment in Merksplas. KBO
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
- New establishment in Merksplas. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
In short
From € 10,766 loss in 2023 to € 893,150 profit in 2025.
Paid € 308,086 in corporate taxes since 2023.
Best year ever: 2025, with € 893,150 profit.
Management
Behind MILQ is Bo Quirynen. The shares are held by FBJ Holding (95%) and Jeroen Mertens (5%).
Directors
According to the 2025 annual accounts
Bo Quirynen
Director
since 2023
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koekhoven 38
2330 Merksplas
Koekhoven 44 box A
2330 Merksplas
Active since 19 January 2010
Koekhoven 40
2330 Merksplas
Active since 12 December 2011
Koekhoven 44
2330 Merksplas
Active since 12 December 2011
Geheul 2
2330 Merksplas
Active since 12 December 2011
Hondenstraat 24
9150 Beveren-Kruibeke-Zwijndrecht
Active since 1 July 2016
Berkelaar 4
2330 Merksplas
Active since 15 December 2016
Koekhoven 2 box A
2330 Merksplas
Active since 1 October 2023
Hoekeinde 33
2330 Merksplas
Active since 1 July 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Quirynen Dairy Farming
€ -608,283 gross margin · 2025
Q-TRADE M
€ 59,656 gross margin · 2025
De Bosduif
€ 482,421 gross margin · 2025
Groep Quirynen
JQ-MANAGEMENT
€ 42,479 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.907.134
- VAT number
- BE 0799.907.134
- Registered office
- Koekhoven 38, 2330 Merksplas
- Names & denominations
- MILQ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2023
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Fokken en houden van melkvee
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Ondersteunende activiteiten in verband met de teelt van gewassen
Verhuur en lease van landbouwmachines en -werktuigen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Diverse administratieve activiteiten ten behoeve van kantoren