The computed 12-month bankruptcy probability of MILLENNIUM STAR is 5.4% (elevated). For MILLENNIUM STAR, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2.7m and a net result of -€75,770. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 68% of 6,215 sector peers (NACE 46, financial year 2023). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Auditor: FIGURAD BEDRIJFSREVISOREN2024 accounts not filed, 454 days past the deadline1 of 4 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 29-08-2025)2 financial years not filed after the legal deadline; last filed accounts filed 394 days late; 2 of the last 3 lateLoss of €75,770 (financial year 2023)Two or more financial years not filed2023 accounts filed 394 days latelowers riskFounded in 2000Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency82+16
equity 56.8% of total assets
Liquidity35+9
short-term debt 40.1% · cash 3.2%
Profitability18-60
return on assets -1.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
5.4%Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months11-2024: 1.1%lowest value12-2024: 1.5%▲ +0.4 percentage points vs 11-202401-2025: 2.7%▲ +1.2 percentage points vs 12-202402-2025: 2.7%● unchanged vs 01-202503-2025: 2.7%● unchanged vs 02-202504-2025: 2.4%▼ -0.3 percentage points vs 03-202505-2025: 2.4%● unchanged vs 04-202506-2025: 2.4%● unchanged vs 05-202507-2025: 2.4%● unchanged vs 06-202508-2025: 3.4%▲ +1.0 percentage point vs 07-202509-2025: 1.2%▼ -2.2 percentage points vs 08-202510-2025: 1.7%▲ +0.5 percentage points vs 09-202511-2025: 1.7%● unchanged vs 10-202512-2025: 2.1%▲ +0.4 percentage points vs 11-202501-2026: 4.3%▲ +2.2 percentage points vs 12-202502-2026: 4.3%● unchanged vs 01-202603-2026: 4.3%● unchanged vs 02-202604-2026: 4.0%▼ -0.3 percentage points vs 03-202605-2026: 4.0%● unchanged vs 04-202606-2026: 4.0%● unchanged vs 05-202607-2026: 4.0%● unchanged vs 06-202608-2026: 5.4%▲ +1.4 percentage points vs 07-2026highest value09-2026: 5.4%● unchanged vs 08-2026highest value10-2026: 5.4%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline28-10-2026 today
raises risk · 2023 accounts filed 394 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2025, 394 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 123 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.