Financials
Financial year 2025
Herman Van Mileghem from Meise, company number BE0897378969, closed financial year 2025 with a result of € 132,561 after tax. For that financial year Herman Van Mileghem recorded a gross margin of € 487,507 and equity of € 666,698. Compared with financial year 2024, the result moved from € 188,343 to € 132,561. The company is profitable. 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 June 16, 2026.
€ 666,698
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,561
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 742,802
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,000 paid out
67 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 198,255
▲ 4% vs 2024
€ 70,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 156,941
▼ 29% vs 2024
Of which on lease € 132,807.
Debts at end 2025
€ 104,210
▼ 29% vs 2024
€ 41,932 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 59,666
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,775
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 353,241 | € 428,359 | € 527,416 | € 487,507 | ▼ 8% |
| Profit after taxes | € 7,175 | € 109,651 | € 188,343 | € 132,561 | ▼ 30% |
| Equity | € 518,643 | € 553,294 | € 623,137 | € 666,698 | ▲ 7% |
| Total debts | € 288,314 | € 366,021 | € 365,359 | € 392,802 | ▲ 8% |
| Cash | € 361,709 | € 457,701 | € 418,324 | € 742,802 | ▲ 78% |
| Land & buildings | € 34,646 | € 27,292 | € 32,415 | € 22,541 | ▼ 30% |
| Retained profit | € 500,043 | € 534,694 | € 604,537 | € 648,098 | ▲ 7% |
| Dividend | € 0 | € 75,000 | € 118,500 | € 89,000 | ▼ 25% |
| Bank debt | € 69,501 | € 130,413 | € 147,714 | € 104,210 | ▼ 29% |
| Balance sheet total | € 806,958 | € 919,315 | € 988,496 | € 1,059,500 | ▲ 7% |
| Employees (FTE) | 5.2 | 3.5 | 2.8 | 2.8 |
Key figures of Herman Van Mileghem, 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 Herman Van Mileghem?
What happened at Herman Van Mileghem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132,561 (▼ 30% vs 2024). Source: NBB ↗
- New establishment in Meise. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,175 profit in 2022 to € 132,561 profit in 2025.
Paid € 176,011 in corporate taxes since 2022.
Best year ever: 2024, with € 188,343 profit.
On average € 174,100 of value added per employee in 2025.
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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 Herman Van Mileghem are Herman Van Mileghem and Hilde Lathouwers.
Directors
According to the 2025 annual accounts
Herman Van Mileghem
Director
Hilde Lathouwers
Director
Establishments
Establishment units
Physical locations of this company
Nieuwelaan 17
1860 Meise
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0897.378.969
- VAT number
- BE 0897.378.969
- Registered office
- Nieuwelaan 17, 1860 Meise
- Names & denominations
- Herman Van Mileghem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2008
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Glaszetten
Schrijnwerk