What does MIL PALOMAS do?

MIL PALOMAS is a law firm in Waregem. Private Limited, started on 13 April 2005, 1 establishment.

What is the address of MIL PALOMAS?

The registered office of MIL PALOMAS is located at Nokerseweg 131, 8790 Waregem.

Is MIL PALOMAS still active?

Yes. According to the CBE (16 September 2026) MIL PALOMAS is active, legal situation “Normale toestand”, started on 13 April 2005.

Is MIL PALOMAS registered on Peppol?

Yes, MIL PALOMAS is registered on the Peppol network with ID 0208:0873159851.

What is the enterprise number of MIL PALOMAS?

The enterprise number of MIL PALOMAS is BE0873159851.

When was MIL PALOMAS founded?

MIL PALOMAS was founded on 13 April 2005.

Who are the directors of MIL PALOMAS?

According to the 2025 annual accounts, the directors of MIL PALOMAS are: Kristof De Smet.

Is MIL PALOMAS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 2005; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MIL PALOMAS make in 2025?

MIL PALOMAS posted a profit after taxes of € 35,545 in financial year 2025.

What is the revenue of MIL PALOMAS?

As a small company, MIL PALOMAS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 120,688.

MIL PALOMAS (Private Limited) - Waregem - BE0873159851

Dossier MIL PALOMAS, printed on 16 September 2026 from databakkes.be/en/0873159851/mil-palomas. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MIL PALOMAS from Waregem, company number BE0873159851, closed financial year 2025 with a result of € 35,545 after tax. For that financial year MIL PALOMAS recorded a gross margin of € 120,688 and equity of € 439,845. Compared with financial year 2024, the result moved from € 456 to € 35,545. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.

What it is worth Healthy

€ 439,845

▼ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 35,545

▲ € 35,089 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 19,088

▼ 83% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 414,845.

People and assets in 2025

Vehicles and equipment

€ 60,072

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 164,494

▼ 43% vs 2024

€ 23,965 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 1,501

▲ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 7,193

▼ 20% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 120,132 Gross margin 2022: € 120,132 First fiscal year in the series	€ 123,720 Gross margin 2023: € 123,720 ▲ 3% vs 2022 (€ 120,132) Favourable step	€ 106,593 Gross margin 2024: € 106,593 ▼ 14% vs 2023 (€ 123,720) Unfavourable step	€ 120,688 Gross margin 2025: € 120,688 ▲ 13% vs 2024 (€ 106,593) Favourable step	▲ 13%
Profit after taxes	€ 42,195 Profit after taxes 2022: € 42,195 First fiscal year in the series	€ 15,070 Profit after taxes 2023: € 15,070 ▼ 64% vs 2022 (€ 42,195) Unfavourable step	€ 456 Profit after taxes 2024: € 456 ▼ 97% vs 2023 (€ 15,070) Unfavourable step	€ 35,545 Profit after taxes 2025: € 35,545 ▲ € 35,089 vs 2024 (€ 456) Favourable step	▲ € 35,089
Equity	€ 586,273 Equity 2022: € 586,273 First fiscal year in the series	€ 601,343 Equity 2023: € 601,343 ▲ 3% vs 2022 (€ 586,273) Favourable step	€ 529,299 Equity 2024: € 529,299 ▼ 12% vs 2023 (€ 601,343) Unfavourable step	€ 439,845 Equity 2025: € 439,845 ▼ 17% vs 2024 (€ 529,299) Unfavourable step	▼ 17%
Total debts	€ 418,991 Total debts 2022: € 418,991 First fiscal year in the series	€ 371,507 Total debts 2023: € 371,507 ▼ 11% vs 2022 (€ 418,991) Favourable step	€ 335,121 Total debts 2024: € 335,121 ▼ 10% vs 2023 (€ 371,507) Favourable step	€ 248,747 Total debts 2025: € 248,747 ▼ 26% vs 2024 (€ 335,121) Favourable step	▼ 26%
Cash	€ 265,310 Cash 2022: € 265,310 First fiscal year in the series	€ 22,794 Cash 2023: € 22,794 ▼ 91% vs 2022 (€ 265,310) Unfavourable step	€ 114,096 Cash 2024: € 114,096 ▲ € 91,303 vs 2023 (€ 22,794) Favourable step	€ 19,088 Cash 2025: € 19,088 ▼ 83% vs 2024 (€ 114,096) Unfavourable step	▼ 83%
Land & buildings	€ 568,407 Land & buildings 2022: € 568,407 First fiscal year in the series	€ 538,003 Land & buildings 2023: € 538,003 ▼ 5% vs 2022 (€ 568,407) Unchanged	€ 474,178 Land & buildings 2024: € 474,178 ▼ 12% vs 2023 (€ 538,003) Unchanged	€ 428,624 Land & buildings 2025: € 428,624 ▼ 10% vs 2024 (€ 474,178) Unchanged	▼ 10%
Retained profit	€ 561,273 Retained profit 2022: € 561,273 First fiscal year in the series	€ 576,343 Retained profit 2023: € 576,343 ▲ 3% vs 2022 (€ 561,273) Favourable step	€ 504,299 Retained profit 2024: € 504,299 ▼ 13% vs 2023 (€ 576,343) Unfavourable step	€ 414,845 Retained profit 2025: € 414,845 ▼ 18% vs 2024 (€ 504,299) Unfavourable step	▼ 18%
Dividend	€ 18,000 Dividend 2022: € 18,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 18,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 334,154 Bank debt 2022: € 334,154 First fiscal year in the series	€ 311,301 Bank debt 2023: € 311,301 ▼ 7% vs 2022 (€ 334,154) Favourable step	€ 288,083 Bank debt 2024: € 288,083 ▼ 7% vs 2023 (€ 311,301) Favourable step	€ 164,494 Bank debt 2025: € 164,494 ▼ 43% vs 2024 (€ 288,083) Favourable step	▼ 43%
Balance sheet total	€ 1,024,519 Balance sheet total 2022: € 1,024,519 First fiscal year in the series	€ 991,118 Balance sheet total 2023: € 991,118 ▼ 3% vs 2022 (€ 1,024,519) Unchanged	€ 881,702 Balance sheet total 2024: € 881,702 ▼ 11% vs 2023 (€ 991,118) Unchanged	€ 704,888 Balance sheet total 2025: € 704,888 ▼ 20% vs 2024 (€ 881,702) Unchanged	▼ 20%

Key figures of MIL PALOMAS, 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 MIL PALOMAS?

What happened at MIL PALOMAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 24, 2026 New annual accounts for financial year 2025: profit of € 35,545 (▲ € 35,089 vs 2024). Source: NBB ↗
Jul 1, 2006 New establishment in Waregem. KBO
Apr 13, 2005 Start of the company according to the CBE. KBO
2005 Kristof De Smet became a director. NBB

In short

From € 42,195 profit in 2022 to € 35,545 profit in 2025.

Paid € 56,015 in corporate taxes since 2022.

Best year ever: 2022, with € 42,195 profit.

Paid out € 18,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MIL PALOMAS? We notify you, reason included.

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My folder 3 companies

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%

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