Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MILHO from Torhout, company number BE0878166338, closed financial year 2025 with a result of € -13,817 after tax. For that financial year MILHO recorded a gross margin of € -15,597 and equity of € 192,353. Compared with financial year 2024, the result moved from € -14,072 to € -13,817. The company made a loss. 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 22, 2026.
€ 192,353
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,817
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 47,491
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,647.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36
▼ 99% 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 | € 11,005 | € -19,589 | € -16,947 | € -15,597 | ▲ € 1,350 |
| Profit after taxes | € 10,640 | € -16,365 | € -14,072 | € -13,817 | ▲ € 255 |
| Equity | € 236,607 | € 220,242 | € 206,170 | € 192,353 | ▼ 7% |
| Total debts | € 13,197 | € 3,994 | € 2,558 | € 36 | ▼ 99% |
| Cash | € 34,306 | € 3,166 | € 61,355 | € 47,491 | ▼ 23% |
| Retained profit | € 36,607 | € 20,242 | € 6,170 | € -7,647 | ▼ € 13,817 |
| Balance sheet total | € 249,804 | € 224,237 | € 208,728 | € 192,389 | ▼ 8% |
Key figures of MILHO, 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 MILHO?
What happened at MILHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Masiti BV stepped down as director. NBB
- Latmimmo BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 13,817. Source: NBB ↗
- Masiti BV became a director. NBB
- Latmimmo BV became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,640 profit in 2022 to € 13,817 loss in 2025.
Paid € 3,873 in corporate taxes since 2022.
Best year ever: 2022, with € 10,640 profit.
A new publication or filing at MILHO? 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
The stake of LATmIMMO, IMMOVATION PROJECTS, VERINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MILHOThe shares are held by LATmIMMO (85%), IMMOVATION PROJECTS (30%) and VERINVEST (13.5%).
Directors
According to the 2025 annual accounts
Managing director · represented by WAES LODE
Also active at: CAAAP, Oleander, Artes Terra, SCHIPPERSKAAI DEVELOPMENT, KASTEEL WISSELBEKE, SCHIPPERSKAAI LAND, WISSELKOUTER, ARTES RENO +3 more
since 2022 · until 2028
Managing director · represented by VANHAERENTS JOOST
Also active at: Vanhaerents, WALTERJUNIOR, VERINVEST
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Gentweg 81
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Vanhaerents same network
€ -216,892 gross margin · 2024
VERINVEST same network
€ 452,420 gross margin · 2025
Doechimmo
€ 9,609 gross margin · 2025
AB SCHOONMAAK NATIONAAL
PRIMA DONNA EVENTS
€ 2.2 million revenue · 2025
+8 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
- 0878.166.338
- VAT number
- BE 0878.166.338
- Registered office
- Oude Gentweg 81, 8820 Torhout
- Names & denominations
- MILHO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2005
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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Plaatsen van vloer- en wandtegels
Optrekken van andere residentiële gebouwen en van kantoorgebouwen