Active BE 0680.967.714Private limited company (pre-2019)Open bankruptcy

MILADES

· 8 yrs active

Conclusion Checked

A bankruptcy procedure is open for MILADES according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €814 and a net result of €0.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€814
Net result	€0
Active	8 yrs
Board	1

Financial profile 5 of 5 axes measured · computed by Checked

19 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 29

Growth 68

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

53 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags1 events

Address struck

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 23-11-2022 with the NBB · fiscal year 2021 · micro

RevenueOperating resultNet result

Revenue

€17k

- 18-21

Net profit

€0

- 18-21

Total assets

€4k

0.0% 18-21

Equity

€814

0.0% 18-21

Working capital

€814

0.0% 18-21

Debt

€4k

0.0% 18-21

Debt ≤ 1y

€4k

0.0% 18-21

Current ratio

1.23

0.0% 18-21

Show 6 other metrics

Quick ratio

1.23

0.0% 18-21

Solvency

18.8%

0.0% 18-21

Debt / equity

4.31

0.0% 18-21

ROE

0.0%

- 18-21

ROA

0.0%

- 18-21

Net margin

-31.4%

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€0
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€4k
Equity	€814
Debt	€4k
of which ≤ 1y	€4k
of which > 1y	-
Working capital	€814
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	1.23
Quick ratio	1.23
Working capital ratio	18.8%
Solvency	18.8%
Debt / equity	4.31
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.0%
ROE	0.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Equity & liabilities

Equity €814 · 18.8% Debt €4k · 81.2%

Full annual accounts (15 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€4k
Current assets	29/58	€4k
Amounts receivable within one year	40/41	€488
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4k
Equity	10/15	€814
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€4k
Amounts payable within one year	42/48	€4k
Income statement
Gross operating margin	9900	€0
Operating result	9901	€0
Result before taxes	9903	€0
Net result for the period	9904	€0
Result to be appropriated	9905	€0

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Emilov Miroslav Neshkov
Director
State Gazette act 24103971 (10-07-2024)

Current
09-02-2024 → present

Former directors (1)

Köksal Yunus
Director
State Gazette act 24103971 (10-07-2024)

Former
- → 09-02-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	FRANCOISE HANSSENS-ENSCH AVENUE LOUISE 349 BTE 17, 1050 FR BRUXELLES 5	20-10-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-09-2017
Status	Active
Postal code	-
First BS signal	24-10-2025
Latest BS signal	24-10-2025

Establishment units 1 location

MILADES

Vervaardiging van metalen constructiewerken of gebinten voor de bouw

since 20172.267.898.602

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21906D0004/00X006	Brussels	134 m²	1 · 104 m²	18.1 m · 5 fl.
21014A0434/03P004	Brussels	107 m²	1 · 101 m²	17.3 m · 5 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

24-10-2025

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL MILADES RUE DU MERI- DIEN 54/1, 1210 SAINT-JOSS-TEN-NODE · event 20-10-2025

22-08-2025

KBO administration Address struck

2024

10-07-2024

State Gazette act Capital & shares

25-01-2024

State Gazette act Registered-office change

2022

23-11-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

23-11-2022

NBB filing Annual accounts filed

fiscal year 2020 · micro

23-11-2022

NBB filing Annual accounts filed

fiscal year 2019 · micro

07-04-2022

State Gazette act Capital & shares

09-03-2022

State Gazette act Capital & shares

ophena de Bfuieles

2019

01-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

30-07-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

Lifecycle & Insolvency Signals2 events

24-10-2025

Bankruptcy Opening

Date: 20-10-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL MILADES RUE DU MERI- DIEN 54/1, 1210 SAINT-JOSS-TEN-NODE · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 22-08-2025 to 20-10-2025.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 7 acts read

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 4 acts

Capital history · 3

10-07-2024

Capital change

07-04-2022

Capital change

09-03-2022

Capital change

Address history · 1

25-01-2024

Registered-office move

All acts · 4 updated 2 years ago

2024

10-07-2024 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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    }
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25-01-2024 Registered office moved to Evere Registered-office change

Rue Colonel Bourg 127 à 1140 Evere

Original publication ↗

Technical details

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        "raw": "Rue Colonel Bourg 127 \u00E0 1140 Evere",
        "city": "Evere",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Rue Colonel Bourg",
        "country": "BE",
        "postcode": "1140",
        "box_number": null,
        "street_number": "127",
        "locality_suffix": null
      },
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      "evidence_quote": "",
      "region_changed": false,
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      "effective_date_is_approximate": false
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  },
  "act_meta": {
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    "filing_date": "2024-01-17",
    "act_kind_objet": "TRANSFERT DE SIEGE"
  },
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    "body": "algemene_vergadering",
    "date": "2024-01-01",
    "unanimous": true
  },
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  "publication_proxy": {
    "kind": "person",
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    "person_name": "Yunus KOKSAL",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad",
    "Annexes-du-Moniteur belge"
  ]
}

2022

07-04-2022 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
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    "filing_date": "2022-03-31",
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  },
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    "unanimous": null,
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  },
  "bedrijfsrevisor": null,
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      "share_class": null
    }
  ],
  "share_classes_after": []
}

09-03-2022 Transaction in capital or shares Capital & shares·ophena de Bfuieles

Notary: ophena de Bfuieles · Bruxelles

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

MILADES

Registration history

22-08-2025 Address struck

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.