ACTIVE

Bart VAN MILEGHEM

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Financial year 2025 · closed on 31/12/2025

Net result

125,1 k €

-16.8% YoY

Gross margin

1,3 M €

+7.3% YoY

Equity

1,1 M €

-5.2% YoY

Workforce

14,4 ETP

-1.4% YoY

What does Bart VAN MILEGHEM do?

Bart VAN MILEGHEM is a Private limited company incorporated in 1995. Its registered office is in Asse. It employs on average 14,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.904.363

Incorporation

28/03/1995

Legal form

Private limited company

Registered office

Z. 5 Mollem 140
1730 Asse · FlandreSee on map

Contributed capital

18 750,00 €

Latest accounts

31/12/2025

Average workforce

14,4 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	1,3 M €	+7.3%	1,2 M €	+28.7%	910,4 k €	+6.0%	858,9 k €	+18.8%	723,2 k €	-17.9%	880,9 k €	+0.8%	873,8 k €	-5.5%	924,7 k €	+37.9%	670,6 k €	+10.2%	608,7 k €	+12.4%	541,6 k €	+26.9%	426,7 k €	+26.0%	338,7 k €	+4.7%	323,5 k €	-16.4%	386,8 k €	+60.7%	240,8 k €	-7.8%	261,1 k €	-0.6%	262,6 k €	+25.8%	208,7 k €	+7.0%	195,1 k €
EBITDA	286,9 k €	+0.8%	284,6 k €	+4.4%	272,7 k €	-7.7%	295,4 k €	+94.0%	152,3 k €	-54.8%	337,1 k €	+1.8%	331,2 k €	-17.7%	402,3 k €	+87.3%	214,8 k €	+7.7%	199,5 k €	+28.6%	155,1 k €	+39.0%	111,6 k €	+24.9%	89,3 k €	+49.5%	59,8 k €	-42.7%	104,2 k €	+120%	47,3 k €	+38.0%	34,3 k €	-9.5%	37,9 k €	+14.8%	33 k €	-9.4%	36,4 k €
Operating result	195,7 k €	-12.3%	223,2 k €	-3.6%	231,6 k €	-0.9%	233,9 k €	+175%	85,1 k €	-67.9%	265,4 k €	+12.8%	235,3 k €	-23.5%	307,4 k €	+179%	110,2 k €	+3.7%	106,3 k €	+99.0%	53,4 k €	+95.2%	27,4 k €	+83.8%	14,9 k €	-23.5%	19,5 k €	-64.3%	54,6 k €	+523%	8,8 k €	+54.0%	5,7 k €	-38.4%	9,2 k €	+132%	4 k €	-64.8%	11,3 k €
Net result	125,1 k €	-16.8%	150,3 k €	-5.2%	158,6 k €	+2.9%	154,2 k €	+203%	50,8 k €	-71.1%	176 k €	+15.2%	152,7 k €	-23.3%	199,1 k €	+254%	56,3 k €	+7.6%	52,3 k €	+178%	18,8 k €	+27.2%	14,8 k €	+105%	7,2 k €	+571%	1,1 k €	-96.3%	29,1 k €	+562%	4,4 k €	+146%	1,8 k €	-74.1%	6,9 k €	-16.4%	8,3 k €	+10.4%	7,5 k €
Balance sheet
Equity	1,1 M €	-5.2%	1,2 M €	+14.4%	1 M €	+17.9%	886,5 k €	+21.1%	732,4 k €	+1.4%	722,5 k €	+32.2%	546,5 k €	+38.8%	393,8 k €	+102%	194,7 k €	+40.7%	138,4 k €	+60.8%	86,1 k €	+28.0%	67,3 k €	+28.2%	52,5 k €	+16.0%	45,3 k €	+2.4%	44,2 k €	+25.8%	35,1 k €	-53.6%	75,7 k €	+2.4%	73,9 k €	+6.5%	69,4 k €	+9.2%	63,6 k €
Total assets	1,9 M €	-2.1%	1,9 M €	+15.4%	1,7 M €	+26.1%	1,3 M €	+3.0%	1,3 M €	-5.0%	1,4 M €	+1.3%	1,3 M €	+7.1%	1,2 M €	+44.7%	861,4 k €	-12.0%	979 k €	+9.1%	897 k €	+158%	347,7 k €	+15.9%	300,1 k €	+43.5%	209,1 k €	-16.8%	251,2 k €	+18.0%	213 k €	-35.4%	329,8 k €	+65.8%	198,9 k €	-7.3%	214,4 k €	+15.3%	186 k €
Cash	99,9 k €	-73.1%	371,1 k €	-1.9%	378,4 k €	+5.5%	358,7 k €	+168%	133,9 k €	-54.0%	290,9 k €	-51.4%	599,1 k €	+522%	96,3 k €	+40.4%	68,6 k €	-3.9%	71,4 k €	+2371%	2,9 k €	-93.8%	46,9 k €	+16.6%	40,2 k €	-26.0%	54,3 k €	+12.2%	48,4 k €	+15.4%	42 k €	+62.9%	25,8 k €	+1253%	1,9 k €	-86.7%	14,3 k €	+285%	3,7 k €
Debts	752,2 k €	+2.9%	731 k €	+17.0%	624,7 k €	+42.7%	437,7 k €	-20.9%	553,4 k €	-12.2%	630,5 k €	-16.4%	754,3 k €	-7.8%	818,3 k €	+22.7%	666,7 k €	-20.7%	840,6 k €	+3.7%	810,9 k €	+189%	280,4 k €	+13.3%	247,6 k €	+51.1%	163,8 k €	-20.9%	207 k €	+16.4%	177,9 k €	-30.0%	254,1 k €	+103%	124,9 k €	-13.8%	145 k €	+18.5%	122,4 k €
Other
Workforce	14,4 ETP	-1.4%	14,6 ETP	+27.0%	11,5 ETP	+8.5%	10,6 ETP	-9.4%	11,7 ETP	+6.4%	11,0 ETP	+4.8%	10,5 ETP	+2.9%	10,2 ETP	+5.2%	9,7 ETP		–		7,9 ETP	+25.4%	6,3 ETP	+8.6%	5,8 ETP	-3.3%	6,0 ETP	0.0%	6,0 ETP	+25.0%	4,8 ETP	-4.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+16.3%	4,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Bart VAN MILEGHEM

Administrator - manager

Active

Kyan VAN MILEGHEM

Administrator - manager

Active

Ended mandates

Bart VAN MILEGHEM

Director

Ended

Bart VAN MILEGHEM

Manager

Ended

Kyan VAN MILEGHEM

Director

Ended

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	17/06/2026	20/06/2025	07/06/2024	30/05/2023	30/05/2022	01/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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	29/05/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	07/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/05/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	28/05/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	30/05/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	30/05/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 3 ended

Active mandates

Bart VAN MILEGHEM

Administrator - manager

Active

Kyan VAN MILEGHEM

Administrator - manager

Active

Ended mandates

Bart VAN MILEGHEM

Director

Ended

Bart VAN MILEGHEM

Manager

Ended

Kyan VAN MILEGHEM

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/05/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/04/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/01/2009
MAATSCHAPPELIJKE ZETEL
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 2025125,1 k €↓
2024
Annual accounts 2024150,3 k €↓
2023
Annual accounts 2023158,6 k €↑
2022
Annual accounts 2022154,2 k €↑
2021
Annual accounts 202150,8 k €↓
2021
Name changeVAN MILEGHEM BART
2020
Annual accounts 2020176 k €↑
2019
Annual accounts 2019152,7 k €↓
2018
Annual accounts 2018199,1 k €↑
2017
Annual accounts 201756,3 k €↑
2016
Annual accounts 201652,3 k €↑
2015
Annual accounts 201518,8 k €↑
2014
Annual accounts 201414,8 k €↑
2013
Annual accounts 20137,2 k €↑
2012
Annual accounts 20121,1 k €↓
2011
Annual accounts 201129,1 k €↑
2010
Annual accounts 20104,4 k €↑
2009
Annual accounts 20091,8 k €↓
2008
Annual accounts 20086,9 k €↓
2007
Annual accounts 20078,3 k €↑
2006
Annual accounts 20067,5 k €
2006
Name changeBart VAN MILEGHEM
28/03/1995
IncorporationPrivate 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

Bart VAN MILEGHEM

Overview

What does Bart VAN MILEGHEM do?

Trend over 20 financial years

Indicative valuation

Board of directors

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