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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MILENNIUM from Gent, company number BE0824173366, closed financial year 2025 with a result of € -65,601 after tax. For that financial year MILENNIUM recorded a gross margin of € -18,202 and equity of € 115,767. Compared with financial year 2024, the result moved from € 27,609 to € -65,601. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 115,767
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,601
▼ still € 27,609 profit in 2024
Profit after tax over the fiscal year.
€ 9,121
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 97,167.
People and assets in 2025
€ 21,849
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 160,028
▼ 9% vs 2024
€ 8,698 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 42,779
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,285 | € 35,567 | € 55,791 | € -18,202 | ▼ € 73,993 |
| Profit after taxes | € -2,721 | € 10,719 | € 27,609 | € -65,601 | ▼ € 93,210 |
| Equity | € 143,040 | € 153,759 | € 181,368 | € 115,767 | ▼ 36% |
| Total debts | € 227,168 | € 246,626 | € 206,446 | € 225,703 | ▲ 9% |
| Cash | € 7,645 | € 9,999 | € 20,791 | € 9,121 | ▼ 56% |
| Land & buildings | € 276,117 | € 269,842 | € 263,566 | € 257,291 | ▼ 2% |
| Retained profit | € 124,440 | € 135,159 | € 162,768 | € 97,167 | ▼ 40% |
| Bank debt | € 188,516 | € 208,554 | € 176,094 | € 160,028 | ▼ 9% |
| Balance sheet total | € 370,208 | € 400,385 | € 387,814 | € 341,470 | ▼ 12% |
Key figures of MILENNIUM, 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 MILENNIUM?
What happened at MILENNIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 65,601 (▼ € 93,210 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 2,721 loss in 2022 to € 65,601 loss in 2025.
Paid € 25,725 in corporate taxes since 2022.
Best year ever: 2024, with € 27,609 profit.
Establishments
Establishment units
Physical locations of this company
Beukenlaan 1
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- STOILOVA Valentina(oprichter) 33.9%
- MINKOV Nikolay Kolev(oprichter) 33.9%
- STANEV Evgeni Dimov(oprichter) 8.1%
- RACHEV Racho(oprichter) 8.1%
- RACHEV Hristo Nedelchev(oprichter) 8.1%
- PETKOV Dimo Stanev(oprichter) 8.1%
Details
- Company number
- 0824.173.366
- VAT number
- BE 0824.173.366
- Registered office
- Beukenlaan 1, 9051 Gent
- Names & denominations
- MILENNIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2010
- Peppol
- Active · Active since 14 Apr 2025
- Activities · NACE
Dakwerkzaamheden
Installatie van isolatie
Landschapsverzorging
Algemene bouw van andere niet-residentiële gebouwen
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten in de constructie van gebouwen, neg