Financials
Financial year 2025
MILAR-C from Zulte, company number BE0808791641, closed financial year 2025 with a result of € 90,833 after tax. For that financial year MILAR-C recorded a gross margin of € 133,334 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 38,158 to € 90,833. 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 January 27, 2026.
€ 1.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,833
▲ 138% vs 2024
Profit after tax over the fiscal year.
€ 167,605
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,774 paid out
28 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 38,848
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,134
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,936
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,762 | € 128,335 | € 200,368 | € 133,334 | ▼ 33% |
| Profit after taxes | € 88,140 | € 155,802 | € 38,158 | € 90,833 | ▲ 138% |
| Equity | € 1,877,324 | € 1,124,900 | € 1,112,147 | € 1,177,206 | ▲ 6% |
| Total debts | € 26,453 | € 76,595 | € 47,242 | € 41,378 | ▼ 12% |
| Cash | € 75,120 | € 41,638 | € 116,241 | € 167,605 | ▲ 44% |
| Retained profit | € 1,852,324 | € 1,099,900 | € 1,087,147 | € 1,152,206 | ▲ 6% |
| Dividend | € 0 | € 908,225 | € 50,912 | € 25,774 | ▼ 49% |
| Bank debt | € 43 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,903,777 | € 1,201,495 | € 1,159,389 | € 1,218,583 | ▲ 5% |
Key figures of MILAR-C, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MILAR-C?
What happened at MILAR-C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,833 (▲ 138% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,140 profit in 2021 to € 90,833 profit in 2025.
Paid € 212,569 in corporate taxes since 2021.
Best year ever: 2023, with € 155,802 profit.
Paid out € 984,911 in dividends to the owners in total.
Management
Behind MILAR-C is Frederik Claes. It owns 33.3% of TDLF and 33% of Belap itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Molenmeersstraat 4
9870 Zulte
Hemelrijkstraat 6
9051 Gent
Active since 1 January 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0808.791.641
- VAT number
- BE 0808.791.641
- Registered office
- Molenmeersstraat 4, 9870 Zulte
- Names & denominations
- MILAR-C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2008
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
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