ACTIVE

MILINK

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Financial year 2025 · closed on 31/12/2025

Net result

58,6 k €

-19.1% YoY

Gross margin

91 k €

-21.4% YoY

Equity

2,2 M €

+2.7% YoY

What does MILINK do?

MILINK is a Public limited company incorporated in 1989. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.878.091

Incorporation

28/06/1989

Legal form

Public limited company

Registered office

Avenue de l'Observatoire 37 box B
1180 Uccle · BruxellesSee on map

Contributed capital

148 736,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	91 k €	-21.4%	115,7 k €	-12.1%	131,6 k €	-6.0%	140 k €	-32.5%	207,3 k €	+73.8%	119,3 k €	-28.4%	166,6 k €	-11.7%	188,8 k €	+5.4%	179,1 k €	-9.6%	198,2 k €	+1.7%	194,8 k €	+3.5%	188,2 k €	+3.5%	181,8 k €	+3.5%	175,6 k €	+7.0%	164,1 k €	+1.2%	162,2 k €	-0.1%	162,3 k €	+3.7%	156,5 k €	+11.3%	140,6 k €	-10.8%	157,6 k €
EBITDA	74,4 k €	-25.3%	99,7 k €	-14.2%	116,1 k €	-7.5%	125,5 k €	+83.0%	68,6 k €	-34.9%	105,3 k €	-29.7%	149,8 k €	-14.0%	174,2 k €	+8.2%	161,1 k €	-12.3%	183,5 k €	+1.9%	180,1 k €	+3.8%	173,6 k €	+6.7%	162,8 k €	+2.9%	158,2 k €	+4.3%	151,7 k €	+1.5%	149,5 k €	-0.0%	149,5 k €	+4.3%	143,2 k €	+12.1%	127,8 k €	-13.8%	148,3 k €
Operating result	63,6 k €	-23.8%	83,4 k €	-16.5%	99,9 k €	-8.6%	109,3 k €	+73.0%	63,2 k €	-40.0%	105,3 k €	-29.7%	149,8 k €	-14.0%	174,2 k €	+8.2%	161,1 k €	-6.6%	172,4 k €	+2.0%	169 k €	+23.3%	137,1 k €	+8.6%	126,2 k €	+2.0%	123,8 k €	+0.0%	123,8 k €	-0.3%	124,1 k €	0.0%	124,1 k €	+5.3%	117,9 k €	+15.1%	102,4 k €	-9.7%	113,3 k €
Net result	58,6 k €	-19.1%	72,4 k €	-10.0%	80,4 k €	-6.6%	86,1 k €	+80.3%	47,8 k €	-39.4%	78,9 k €	-23.4%	102,9 k €	-18.5%	126,3 k €	+14.1%	110,6 k €	-7.7%	119,9 k €	+2.4%	117,1 k €	+11.8%	104,7 k €	+7.6%	97,4 k €	-7.6%	105,3 k €	+10.6%	95,3 k €	+2.8%	92,7 k €	+3.3%	89,7 k €	+6.3%	84,4 k €	+7.6%	78,4 k €	+14.6%	68,4 k €
Balance sheet
Equity	2,2 M €	+2.7%	2,2 M €	+3.5%	2,1 M €	+4.0%	2 M €	+4.5%	1,9 M €	+2.6%	1,9 M €	+4.4%	1,8 M €	+6.1%	1,7 M €	+8.1%	1,6 M €	+7.7%	1,4 M €	+9.0%	1,3 M €	+9.7%	1,2 M €	+9.5%	1,1 M €	+9.7%	1 M €	+11.7%	901,5 k €	+11.8%	806,3 k €	+13.0%	713,6 k €	+14.4%	623,9 k €	+15.6%	539,5 k €	+17.0%	461,1 k €
Total assets	2,2 M €	+2.7%	2,2 M €	+3.5%	2,1 M €	+4.0%	2 M €	+4.3%	1,9 M €	+1.8%	1,9 M €	+4.3%	1,8 M €	+2.6%	1,8 M €	+7.7%	1,6 M €	+6.3%	1,5 M €	+7.8%	1,4 M €	+13.0%	1,3 M €	+8.5%	1,2 M €	+9.7%	1,1 M €	+14.6%	931,1 k €	+4.7%	889,5 k €	+5.4%	844,3 k €	+5.5%	800,3 k €	+4.8%	763,5 k €	+1.9%	749,5 k €
Cash	136,5 k €	-36.1%	213,8 k €	+0.7%	212,3 k €	-26.6%	289,1 k €	+0.5%	287,5 k €	+15.5%	249 k €	-7.3%	268,7 k €	-33.7%	405,2 k €	-12.8%	464,5 k €	+26.4%	367,4 k €	+23.9%	296,6 k €	+68.9%	175,5 k €	+2.2%	171,7 k €	+19.0%	144,3 k €	+135%	61,5 k €	-24.6%	81,5 k €	+41.2%	57,7 k €	+58.8%	36,4 k €	-17.5%	44,1 k €	+118%	20,2 k €
Debts	15,3 k €	-1.4%	15,5 k €	+9.6%	14,2 k €	+4.9%	13,5 k €	-15.6%	16 k €	-47.0%	30,2 k €	-0.1%	30,2 k €	-23.0%	39,2 k €	-2.4%	40,2 k €	-27.9%	55,7 k €	-11.1%	62,7 k €	+2.0%	61,5 k €	-8.2%	66,9 k €	+10.7%	60,4 k €	+104%	29,6 k €	-29.0%	41,7 k €	-53.3%	89,1 k €	-34.5%	136,1 k €	-26.3%	184,8 k €	-26.1%	250 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

ALEXANDRE WAJNTRAUB

Director · since 19 décembre 2023 · until 09 juin 2029

Active

Ida GOLDENBERG

Managing director · since 19 décembre 2023 · until 09 juin 2029

Active

Valérie WAJNTRAUB

Director · since 19 décembre 2023 · until 09 juin 2029

Active

Ended mandates

ALEXANDRE WAJNTRAUB

Director · since 09 juin 2020 · until 09 juin 2026

Ended

Ida GOLDENBERG

Managing director · since 09 juin 2020 · until 09 juin 2026

Ended

ALEXANDRE WAJNTRAUB

Director · since 10 juin 2014 · until 10 juin 2020

Ended

Ida GOLDENBERG

Managing director · since 10 juin 2014 · until 10 juin 2020

Ended

At this address

Other companies at this address

Company	CBE no.
ELIRO● Active	0442.896.357
IMMOBILIERE GOWA● Active	0427.641.524
Mayan Finance● Active	0670.834.380
VALEXIMMO● Active	0445.615.228

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	12/06/2025	13/06/2024	13/06/2023	14/06/2022	24/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	10/06/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	12/06/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	13/06/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	14/06/2022	French	PDF
Abridged model	31/12/2020	08/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	09/06/2020	09/07/2020	French	PDF
Abridged model	31/12/2018	11/06/2019	04/07/2019	French	PDF
Abridged model	31/12/2017	12/06/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	15/06/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	20/06/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	09/06/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	11/06/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	17/06/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	21/06/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	11/06/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	23/06/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	12/06/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	29/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

ALEXANDRE WAJNTRAUB

Director · since 19 décembre 2023 · until 09 juin 2029

Active

Ida GOLDENBERG

Managing director · since 19 décembre 2023 · until 09 juin 2029

Active

Valérie WAJNTRAUB

Director · since 19 décembre 2023 · until 09 juin 2029

Active

Ended mandates

ALEXANDRE WAJNTRAUB

Director · since 09 juin 2020 · until 09 juin 2026

Ended

Ida GOLDENBERG

Managing director · since 09 juin 2020 · until 09 juin 2026

Ended

ALEXANDRE WAJNTRAUB

Director · since 10 juin 2014 · until 10 juin 2020

Ended

Ida GOLDENBERG

Managing director · since 10 juin 2014 · until 10 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates31/07/2014
DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/01/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office28/03/2008
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202558,6 k €↓
2024
Annual accounts 202472,4 k €↓
2023
Annual accounts 202380,4 k €↓
2022
Annual accounts 202286,1 k €↑
2021
Annual accounts 202147,8 k €↓
2020
Annual accounts 202078,9 k €↓
2019
Annual accounts 2019102,9 k €↓
2018
Annual accounts 2018126,3 k €↑
2017
Annual accounts 2017110,6 k €↓
2016
Annual accounts 2016119,9 k €↑
2015
Annual accounts 2015117,1 k €↑
2014
Annual accounts 2014104,7 k €↑
2013
Annual accounts 201397,4 k €↓
2012
Annual accounts 2012105,3 k €↑
2011
Annual accounts 201195,3 k €↑
2010
Annual accounts 201092,7 k €↑
2009
Annual accounts 200989,7 k €↑
2008
Annual accounts 200884,4 k €↑
2007
Annual accounts 200778,4 k €↑
2006
Annual accounts 200668,4 k €
28/06/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MILINK

Overview

What does MILINK do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline