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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MILLAN from Tervuren, company number BE0876999269, closed financial year 2025 with a result of € 3,121 after tax. For that financial year MILLAN recorded a gross margin of € 29,284 and equity of € 32,570. Compared with financial year 2024, the result moved from € -6,142 to € 3,121. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 32,570
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,121
▲ still € 6,142 loss in 2024
Profit after tax over the fiscal year.
€ 8,872
▲ 46% 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 € -28,930.
People and assets in 2025
€ 145
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 257,001
▼ 5% vs 2024
€ 13,850 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 288
▲ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,633 | € 30,031 | € 20,529 | € 29,284 | ▲ 43% |
| Profit after taxes | € -4,475 | € 3,630 | € -6,142 | € 3,121 | ▲ € 9,263 |
| Equity | € 31,962 | € 35,592 | € 29,449 | € 32,570 | ▲ 11% |
| Total debts | € 299,974 | € 289,149 | € 277,771 | € 264,489 | ▼ 5% |
| Cash | € 3,827 | € 6,484 | € 6,091 | € 8,872 | ▲ 46% |
| Land & buildings | € 81,034 | € 67,102 | € 53,170 | € 40,505 | ▼ 24% |
| Retained profit | € -29,538 | € -25,908 | € -32,051 | € -28,930 | ▲ € 3,121 |
| Bank debt | € 295,910 | € 283,366 | € 270,401 | € 257,001 | ▼ 5% |
| Balance sheet total | € 331,936 | € 324,741 | € 307,221 | € 297,059 | ▼ 3% |
Key figures of MILLAN, 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 MILLAN?
What happened at MILLAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,121. Source: NBB ↗
- New establishment in Meise. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,475 loss in 2022 to € 3,121 profit in 2025.
Best year ever: 2023, with € 3,630 profit.
A new publication or filing at MILLAN? We notify you, reason included.
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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%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MILLAN are Stephan Ströker and Isabel Ghijselings. Isabel Ghijselings is also behind EUROPEAN RESEARCH EN CONSULTANT, Wood.Shelter.X, Lege Artis and IMMO AVA & CO.
Directors
According to the 2025 annual accounts
Stephan Ströker
Director
Isabel Ghijselings
Director
Also active at: EUROPEAN RESEARCH EN CONSULTANT, Wood.Shelter.X, Lege Artis, IMMO AVA & CO
Establishments
Establishment units
Physical locations of this company
Moorselstraat 277 box 0.1
3080 Tervuren
Merellaan 14
1860 Meise
Active since 15 November 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0876.999.269
- VAT number
- BE 0876.999.269
- Registered office
- Moorselstraat 277 bus 0.1, 3080 Tervuren
- Names & denominations
- MILLAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2005
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 0474726412