Financials
Financial year 2025
Millit from Gent, company number BE1005154382, closed financial year 2025 with a result of € 40,936 after tax. For that financial year Millit recorded a gross margin of € 59,798 and equity of € 48,060. Compared with financial year 2024, the result moved from € 8,816 to € 40,936. Profitable, and profit is growing. 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 April 1, 2026.
€ 48,060
▲ € 37,103 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,936
▲ € 32,120 vs 2024
Profit after tax over the fiscal year.
€ 51,319
▲ 214% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,033
▲ € 4,635 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,430
€ 1,548 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,607
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,734
▲ 93% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 13,644 | € 59,798 | ▲ € 46,154 |
| Profit after taxes | € 8,816 | € 40,936 | ▲ € 32,120 |
| Equity | € 10,957 | € 48,060 | ▲ € 37,103 |
| Total debts | € 18,271 | € 22,997 | ▲ 26% |
| Cash | € 16,344 | € 51,319 | ▲ 214% |
| Retained profit | € 7,957 | € 48,060 | ▲ € 40,103 |
| Dividend | € 859 | € 833 | ▼ 3% |
| Bank debt | € 0 | € 3,430 | |
| Balance sheet total | € 29,228 | € 71,057 | ▲ 143% |
Key figures of Millit, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Millit?
What happened at Millit in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,936 (▲ € 32,120 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- JENS COCQUYT became a director. NBB
In short
From € 8,816 profit in 2024 to € 40,936 profit in 2025.
Paid € 20,854 in corporate taxes since 2024.
Best year ever: 2025, with € 40,936 profit.
Paid out € 1,692 in dividends to the owners in total.
Management
Behind Millit is JENS COCQUYT.
Directors
According to the 2025 annual accounts
JENS COCQUYT
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Philippus van der Nootstraat 47
9032 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.154.382
- VAT number
- BE 1005.154.382
- Registered office
- Philippus van der Nootstraat 47, 9032 Gent
- Names & denominations
- Millit
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2024
- Peppol
- Active · Active since 1 Apr 2024
- Contact
- [email protected]
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