MILUCON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €123k and a net result of €-4k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 8006 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
on the day
2023
on the day
2022
32 d early
2021
34 d early
2020
36 d early
2019
83 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▼ 3.0%
2024 · €127k
2018: €64k
2019: €72k
2020: €89k
2021: €94k
2022: €91k
2023: €103k
2024: €127k
2018 → 2025
Net result
€-4k
2024 · €24k
2018: €7k
2019: €9k
2020: €17k
2021: €5k
2022: €-3k
2023: €12k
2024: €24k
2018 → 2025
Total assets
€421k▼ 10.0%
2024 · €468k
2018: €546k
2019: €542k
2020: €534k
2021: €499k
2022: €462k
2023: €434k
2024: €468k
2018 → 2025
Solvency
29.2%▲ 2.1pp
2024 · 27.1%
2018: 11.6%
2019: 13.3%
2020: 16.7%
2021: 18.8%
2022: 19.6%
2023: 23.6%
2024: 27.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€91k▼ 3.4%€103k▲ 13.3%€127k▲ 23.5%€123k▼ 3.0%
Operating result€19k-€9k▼ 55.1%€29k▲ 237%€45k▲ 53.4%€16k▼ 63.7%
Net result€5k-€-3k€12k€24k▲ 101%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€334k▼ 16.3%
Current assets
€88k▲ 26.0%
Equity and liabilities €421k
Equity
€123k▼ 3.0%
Debt
€298k▼ 12.6%
The debt ratio falls from 72.9% to 70.8%. Equity and debt are lower.
Key figures and ratios
Solvency
29.2%▲
2024 · 27.1%
ROE
-3.1%▼
2024 · 19.0%
ROA
-0.9%▼
2024 · 5.1%
Debt
€298k▼
2024 · €341k
Debt ≤ 1 year
€72k▼
2024 · €76k
Debt > 1 year
€225k▼
2024 · €265k
Income taxes
€7k▼
2024 · €10k
Staff costs
€0▲
2024 · €-5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€468k€421k▼
Fixed assets21/28€398k€334k▼
Tangible fixed assets22/27€398k€334k▼
Land and buildings22€347k€315k▼
Furniture and vehicles24€52k€19k▼
Financial fixed assets28€0-
Current assets29/58€70k€88k▲
Amounts receivable within one year40/41€19k€19k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€17k€17k▲
Current investments50/53€225€22k▲
Cash at bank and in hand54/58€27k€25k▼
Deferred charges and accrued income490/1€23k€22k▼
Equity and liabilities
Total equity and liabilities10/49€468k€421k▼
Equity10/15€127k€123k▼
Contributions10/11€6k€6k=
Reserves13€96k€117k▲
Distributable reserves133€96k€117k▲
Profit (loss) carried forward14€24k€0▼
Amounts payable17/49€341k€298k▼
Amounts payable after more than one year17€265k€225k▼
Financial debts170/4€265k€225k▼
Amounts payable within one year42/48€76k€72k▼
Current portion of amounts payable after more than one year42€40k€40k▼
Financial debts43€2k€286▼
Credit institutions430/8€2k€286▼
Trade debts44€19k€4k▼
Suppliers440/4€19k€4k▼
Taxes, remuneration and social security45€15k€25k▲
Taxes450/3€15k€25k▲
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€-5k€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€43k▲
Other operating charges640/8€10k€4k▼
Gross operating margin9900€90k€63k▼
Operating profit (loss)9901€45k€16k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€12k€14k▲
Recurring financial charges65€12k€14k▲
Profit (loss) for the period before taxes9903€34k€3k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€24k€-4k▼
Profit (loss) for the period to be appropriated9905€24k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€20k▼
Profit (loss) brought forward from the previous period14P-€24k
Transfer to equity691/2€0€20k▲
To other reserves6921€0€20k▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-4k ▼116%
Net result drops to €-4k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €24k ▲101%
Operating result €45k, net result €24k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲13.3%
Equity rises from €91k to €103k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Knokke-Heist · 1 establishment unit since 2011
Ground area
778 m²
Building footprint
135 m²
Parcel 31039E0169/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
MILUCON
since 20112.199.570.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0169/00K000 | Flanders | 778 m² | 1 · 135 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 12,832 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2011
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.