MILINTER
ActiveSummary
MILINTER has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €-732. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability36▼-2
Solvency47▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.83 in 2022; short-term debt: 67.1% and cash: 0.1% of total assets), and 77.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.1%
Return on assets
-0.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2022
192 d late
2019
322 d late
2018
30 d late
2017
90 d late
2016
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-732
2022 · €325
2018: €6khighest value
2019: €-13k▼ -325% vs 2018lowest value
2022: €325
2024: €-732
2018 → 2024
Working capital
€43k▼ 31.6%
2022 · €64k
2018: €31k
2019: €22k▼ -29.2% vs 2018lowest value
2022: €64khighest value
2024: €43k
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920222024Trend
Equity€35k-€21k▼ 38.3%€32k▲ 49.0%€29k▼ 8.3%
2018: €35khighest value
2019: €21k▼ -38.3% vs 2018lowest value
2022: €32k
2024: €29k
Operating result€8k-€-13k€2k
2018: €8khighest value
2019: €-13k▼ -261% vs 2018lowest value
2022: €2k
Net result€6k-€-13k€325€-732
2018: €6khighest value
2019: €-13k▼ -325% vs 2018lowest value
2022: €325
2024: €-732
Result per fiscal year
Operating resultNet result
The operating result is €2k in 2022, compared with €-13k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Equity and liabilities €132k
Equity
€29k ▼ 8.3%
Debt
€103k ▼ 5.0%
Debt's share of the balance-sheet total rises from 77.2% to 77.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.49▼
2022 · 1.83
Quick ratio
0.76▲
2022 · 0.65
Debt to equity
3.52▲
2022 · 3.39
ROE
-2.5%▼
2022 · 1.0%
ROA
-0.6%▼
2022 · 0.2%
Debt ≤ 1 year
€89k▲
2022 · €77k
Debt > 1 year
€14k▼
2022 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 36 lines
Balance sheet
Code20222024
Assets
Total assets20/58€140k€132k▼
Current assets29/58€140k€132k▼
Stocks and contracts in progress3€91k€65k▼
Stocks30/36€91k€65k▼
Amounts receivable within one year40/41€46k€67k▲
Trade receivables40€30k€46k▲
Other amounts receivable41€16k€21k▲
Cash at bank and in hand54/58€4k€88▼
Equity and liabilities
Total equity and liabilities10/49€140k€132k▼
Equity10/15€32k€29k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€11k€9k▼
Amounts payable17/49€108k€103k▼
Amounts payable after more than one year17€32k€14k▼
Financial debts170/4€32k€14k▼
Amounts payable within one year42/48€77k€89k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€33k€17k▼
Suppliers440/4€33k€17k▼
Taxes, remuneration and social security45€4k€901▼
Taxes450/3€4k€901▼
Other amounts payable47/48€31k€62k▲
Income statement
Code20222024
Gross operating margin9900€2k-
Operating profit (loss)9901€2k-
Financial income75/76B-€116
Recurring financial income75-€116
Financial charges65/66B€1k€848▼
Recurring financial charges65€1k€848▼
Profit (loss) for the period before taxes9903€325€-732▼
Profit (loss) for the period9904€325€-732▼
Profit (loss) for the period to be appropriated9905€325€-732▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€9k▼
Profit (loss) brought forward from the previous period14P€11k€10k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2022 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | - | - | - |
| Gross operating margin9900 | €15k | €-3k | €2k | - | - |
| Operating profit (loss)9901 | €8k | €-13k | €2k | - | - |
| Financial income75/76B | - | - | - | €116 | - |
| Recurring financial income75 | €4 | €5 | - | €116 | - |
| Financial charges65/66B | - | - | €1k | €848 | - |
| Recurring financial charges65 | €826 | €545 | €1k | €848 | - |
| Profit (loss) for the period before taxes9903 | €7k | €-13k | €325 | €-732 | - |
| Income taxes67/77 | €1k | €8 | - | - | - |
| Profit (loss) for the period9904 | €6k | €-13k | €325 | €-732 | - |
| Profit (loss) for the period to be appropriated9905 | €6k | €-13k | €325 | €-732 | - |
| Line | 2018 | 2019 | 2022 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €119k | €91k | €140k | €132k | - |
| Fixed assets21/28 | €7k | - | - | - | - |
| Tangible fixed assets22/27 | €7k | - | - | - | - |
| Current assets29/58 | €112k | €91k | €140k | €132k | - |
| Stocks and contracts in progress3 | €26k | €30k | €91k | €65k | - |
| Stocks30/36 | - | - | €91k | €65k | - |
| Amounts receivable within one year40/41 | €64k | €60k | €46k | €67k | - |
| Trade receivables40 | - | - | €30k | €46k | - |
| Other amounts receivable41 | - | - | €16k | €21k | - |
| Cash at bank and in hand54/58 | €22k | €2k | €4k | €88 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €119k | €91k | €140k | €132k | - |
| Equity10/15 | €35k | €21k | €32k | €29k | - |
| Contributions10/11 | €19k | €19k | €19k | €19k | - |
| Reserves13 | €2k | €2k | €2k | €2k | - |
| Non-distributable reserves130/1 | - | - | €2k | €2k | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | - |
| Profit (loss) carried forward14 | €14k | €967 | €11k | €9k | - |
| Amounts payable17/49 | €84k | €70k | €108k | €103k | - |
| Amounts payable after more than one year17 | €3k | - | €32k | €14k | - |
| Financial debts170/4 | - | - | €32k | €14k | - |
| Amounts payable within one year42/48 | €82k | €69k | €77k | €89k | - |
| Current portion of amounts payable after more than one year42 | - | - | €8k | €9k | - |
| Trade debts44 | €48k | €42k | €33k | €17k | - |
| Suppliers440/4 | - | - | €33k | €17k | - |
| Taxes, remuneration and social security45 | - | - | €4k | €901 | - |
| Taxes450/3 | - | - | €4k | €901 | - |
| Other amounts payable47/48 | - | - | €31k | €62k | - |
| Line | 2018 | 2019 | 2022 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-13k | €325 | €-732 | - |
| + Depreciation and write-downs630 | €7k | €7k | - | - | - |
| Operating cash flow (approximation) | €12k | €-7k | €325 | €-732 | - |
| Change in cash | - | €-20k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 192 days late
2022
31-12
Financial
Back to profitnet €325
Net result €325 after one loss-making year.
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 322 days late
2019
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 1997
Ground area
2,345 m²
Building footprint
125 m²
Volume, LiDAR
700 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CONFISERIE MILIE
since 19972.079.946.650
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022D0110/00F000 | Wallonia | 2,108 m² | 1 · 47 m² | - |
| 57062B0289/00D000 | Wallonia | 237 m² | 1 · 78 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 806 companies in sector 46610 we hold annual accounts for 566. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46610Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.