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NEW MILANO

Active
Private limited company·Full-service restaurants· 28 yrs active
Rue Saint-Jean 55 ·6700 Arlon, Belgium

The computed 12-month bankruptcy probability of NEW MILANO is 1.7% (moderate). The 2024 annual accounts show equity of €75k and a net result of €-2k. Its solvency ranks better than 55% of 5650 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

KBO/BCE: BE 0461.521.248
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Credit risk

Bankruptcy probability (12 mo)

1.7% Moderate
0%0,5%1,5%4%10%≥25%

How do we compute this?

Credit advice

verdict per amount and term

Timeline

What happened to this company, by date

1 of 3 acts read
2026
15-05-2026 State Gazette act Open capture
Notarial deed · General meeting · Statute amendment · Capital conversion
2025
28-10-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
05-01-2024 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-11-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-11-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-11-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-09-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06-2017 NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-05-2016 NBB filing Annual accounts filed
fiscal year 2015 · full schema
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Financials

Equity€75k-2.9%
2023: €77k
Total assets€310k+8.6%
2023: €286k
Net result€-2k
2023: €3k
Working capital€-2k
2023: €8k

Turnover and EBIT margin not published: the micro schema does not require them.

Figures by fiscal year

fiscal year 2024 · micro schema
€-5k€0€5k€10kOperating result 2023: €9k€9kNet result 2023: €3k€3kOperating result 2024: €8k€8kNet result 2024: €-2k€-2k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 24.2% 19.3%
better than 55% of 5650 sector peers
Net result €-2k €4k
better than 32% of 5638 sector peers
Equity €75k €14k
better than 84% of 5662 sector peers
Gross operating margin €194k €52k
better than 85% of 5624 sector peers
Staff costs €132k €49k
higher than 79% of 4088 sector peers
EBITDA
€53k
+23.9% 23-24
Cash flow
€43k
+15.8% 23-24
Employees (FTE)
5
+15.4% 23-24
Staff costs
€132k
+41.4% 23-24
Income taxes
€429
-67.3% 23-24
Dividends
€10k
- 23-24
Debt
€235k
+12.8% 23-24
Debt ≤ 1y
€93k
+10.2% 23-24
Debt > 1y
€137k
+11.7% 23-24
Current ratio
0.97
-11.2% 23-24
Quick ratio
0.64
-15.0% 23-24
Solvency
24.2%
-10.5% 23-24
Debt / equity
3.13
+16.2% 23-24
ROE
-3.0%
- 23-24
ROA
-0.7%
- 23-24
Interest coverage
5.16
-42.5% 23-24
Figures by fiscal year and ratios
Fiscal year2024
Depositmicro schema
Revenue-
EBITDA€53k
Net profit€-2k
Cash flow€43k
Staff costs€132k
Income taxes€429
Dividends-
Total assets€310k
Equity€75k
Debt€235k
of which ≤ 1y€93k
of which > 1y€137k
Working capital€-2k
Employees (FTE)4.5
Ratios (computed)
2024
Current ratio0.97
Quick ratio0.64
Working capital ratio-0.8%
Solvency24.2%
Debt / equity3.13
Long-term debt ratio1.82
Interest coverage5.16
Gross margin-
Net margin-
ROA-0.7%
ROE-3.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€310k
Fixed assets 21/28€220k
Tangible fixed assets 22/27€220k
Current assets 29/58€90k
Stocks & contracts in progress 3€31k
Amounts receivable within one year 40/41€27k
Cash & bank 54/58€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€310k
Equity 10/15€75k
Contributions / capital 10/11€19k
Reserves 13€31k
Accumulated profits (losses) 14€26k
Amounts payable 17/49€235k
Amounts payable after one year 17€137k
Amounts payable within one year 42/48€93k
Trade debts payable within one year 44€28k
Income statement
Gross operating margin 9900€194k
Operating result 9901€8k
Financial income 75€368
Financial charges 65€10k
Result before taxes 9903€-2k
Income taxes 67/77€429
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k

Signals

1 signal
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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.
No strikeouts found in the KBO publications · how complete this is
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Filing history by fiscal year and how the deadline is computed
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 35 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not confirmed -
31-12-2024 31-07-2025 28-10-2025 89 d late 2025-00552714
31-12-2023 31-07-2024 30-08-2024 30 d late 2024-00440270
31-12-2022 31-07-2023 05-01-2024 158 d late 2024-00543729
31-12-2021 31-07-2022 14-11-2022 106 d late 2022-20521449
31-12-2020 31-07-2021 30-11-2021 122 d late 2021-78900452
31-12-2019 31-07-2020 27-11-2020 119 d late 2020-72800077
31-12-2018 31-07-2019 29-11-2019 121 d late 2019-74800445
31-12-2017 31-07-2018 24-09-2018 55 d late 2018-64400322
31-12-2016 31-07-2017 21-06-2017 40 d early 2017-22800322
31-12-2015 31-07-2016 26-05-2016 66 d early 2016-14400488

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Directors

1 director
Current directors & mandates
  • MILANO Vincenzo
    Director
    State Gazette act 26330734 (15-05-2026)
    Current
    15-05-2026 → present
    2 events
    • 15-05-2026 Resigned· Manager
    • 15-05-2026 Mandate renewed· Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Locations & real estate

Registered office

exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
PIZZERIA ENZO MILANO
Rue Saint-Jean 55, 6700 ArlonNACE 5530101
since 19972.083.871.685
Parcels1
Ground area310 m²
Buildings1
Building footprint69 m²
Volume (LiDAR)631 m³
Tallest building11.6 m · ±3 fl.

Real-estate footprint

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
81001A0818/02F000 Wallonia 310 m² 1 · 69 m² 11.6 m · 3 fl.
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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Company registry

Company registry (CBE)

Crossroads Bank
Activities
55301Full-service restaurants56101Full-service restaurants56111