ACTIVE

MILLCOM

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Financial year 2025 · closed on 31/12/2025

Net result

36,6 k €

+21.7% YoY

Gross margin

87,8 k €

+10.2% YoY

Equity

469,5 k €

+8.4% YoY

What does MILLCOM do?

MILLCOM is a Private limited company incorporated in 1997. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.914.702

Incorporation

23/06/1997

Legal form

Private limited company

Registered office

Gullegemsestraat(Heu) 44
8501 Kortrijk · FlandreSee on map

Contributed capital

18 600,00 €

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	87,8 k €	+10.2%	79,6 k €	-9.8%	88,3 k €	+8.8%	81,1 k €	+5.2%	77,1 k €	+55.3%	49,6 k €	-26.4%	67,4 k €	-1.9%	68,7 k €	+25.8%	54,6 k €	-7.3%	58,9 k €		–		62,5 k €	-2.9%	64,4 k €	-1.3%	65,3 k €	-0.2%	65,4 k €	-0.1%	65,5 k €	-0.1%	65,5 k €	+2.4%	64 k €	+7.9%	59,3 k €	-2.5%	60,8 k €
EBITDA	80,5 k €	+10.9%	72,6 k €	-10.9%	81,5 k €	+8.8%	75 k €	+5.5%	71 k €	+64.8%	43,1 k €	-30.5%	62 k €	+0.3%	61,8 k €	+25.8%	49,2 k €	-9.3%	54,2 k €	-3.0%	55,9 k €	-3.6%	58 k €	-3.2%	59,9 k €	-1.6%	60,9 k €	-0.5%	61,2 k €	-0.2%	61,3 k €	-0.1%	61,4 k €	+2.3%	60 k €	+8.2%	55,4 k €	+16.6%	47,5 k €
Operating result	54,6 k €	+13.9%	48 k €	-15.7%	56,9 k €	+30.0%	43,8 k €	+4.9%	41,7 k €	+63.6%	25,5 k €	-42.9%	44,6 k €	-4.8%	46,9 k €	+95.1%	24 k €	+252%	-15,8 k €	-146%	34,2 k €	-5.8%	36,3 k €	-5.0%	38,3 k €	-2.5%	39,3 k €	-0.7%	39,5 k €	-0.3%	39,7 k €	-0.2%	39,7 k €	+3.6%	38,4 k €	+13.5%	33,8 k €	+30.5%	25,9 k €
Net result	36,6 k €	+21.7%	30 k €	-14.5%	35,1 k €	+23.0%	28,6 k €	-10.3%	31,8 k €	+116%	14,7 k €	-38.3%	23,8 k €	-7.6%	25,8 k €	+109%	12,3 k €	+194%	-13,1 k €	-146%	28,3 k €	-2.1%	28,9 k €	-0.3%	29 k €	+3.6%	28 k €	+8.5%	25,8 k €	+7.5%	24 k €	-2.7%	24,7 k €	+26.3%	19,5 k €	+30.4%	15 k €	+160%	5,8 k €
Balance sheet
Equity	469,5 k €	+8.4%	433 k €	+7.5%	402,9 k €	+9.6%	367,8 k €	+8.4%	339,2 k €	+10.4%	307,4 k €	+5.0%	292,7 k €	+8.9%	268,9 k €	+10.6%	243,1 k €	+7.9%	225,3 k €	-5.5%	238,3 k €	+13.5%	210 k €	+16.0%	181,1 k €	+19.1%	152,1 k €	+22.5%	124,1 k €	+26.2%	98,4 k €	+32.3%	74,4 k €	+35.4%	54,9 k €	+55.1%	35,4 k €	+73.2%	20,5 k €
Total assets	602,9 k €	+9.9%	548,6 k €	-5.9%	582,8 k €	-4.5%	610,3 k €	+4.3%	585,3 k €	+8.7%	538,5 k €	+5.5%	510,6 k €	-29.4%	723 k €	-3.4%	748,5 k €	-2.6%	768,4 k €	+55.7%	493,6 k €	-6.5%	527,9 k €	-6.4%	564,2 k €	+76.2%	320,2 k €	-16.8%	384,7 k €	+41.5%	271,9 k €	+18.0%	230,4 k €	-29.2%	325,2 k €	+15.7%	281,2 k €	-2.1%	287,1 k €
Cash	156,6 k €	-16.4%	187,3 k €	+98.5%	94,4 k €	-5.0%	99,3 k €	-33.8%	150,1 k €	+180%	53,7 k €	+120%	24,4 k €	-83.9%	151,2 k €	-3.2%	156,2 k €	+164%	59,2 k €	-20.1%	74,2 k €	-19.9%	92,6 k €	-72.7%	338,9 k €	+343%	76,5 k €	-65.4%	220,8 k €	+156%	86,4 k €	+272%	23,3 k €	-75.9%	96,4 k €	+225%	29,7 k €	+677%	3,8 k €
Debts	131,6 k €	+14.7%	114,7 k €	-35.9%	179,1 k €	-25.9%	241,7 k €	-0.9%	244 k €	+8.1%	225,7 k €	+5.4%	214,2 k €	-44.5%	386,1 k €	+2.7%	376 k €	+7.8%	348,7 k €	+1743309%	20 €		–		142,8 €		–		24,2 k €	-65.6%	70,3 k €	-42.0%	121,3 k €	-27.2%	166,8 k €	-21.5%	212,4 k €	-20.1%	265,9 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 · 2 active · 5 ended

Active mandates

MAX CONSULTING

Director · since 17 avril 2023 · 0456.554.848

Represented by FREMAUT KLAAS

Active

NANCY GEEROMS

Director · since 17 avril 2023

Active

Ended mandates

Nancy GEEROMS

Director · since 01 janvier 2020

Ended

MAX CONSULTING

Director · 0456.554.848

Represented by Klaas FREMAUT

Ended

MAX CONSULTING

Manager · 0456.554.848

Ended

MAX CONSULTING

Director · 0456.554.848

Represented by Klaas FREMAUT

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	02/07/2026	22/05/2025	07/05/2024	25/05/2023	07/06/2022	10/05/2021
General meeting	10/06/2026	10/05/2025	04/05/2024	06/05/2023	25/05/2022	03/05/2021
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	10/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/05/2025	22/05/2025	Dutch	PDF
Abridged model	31/12/2023	04/05/2024	07/05/2024	Dutch	PDF
Abridged model	31/12/2022	06/05/2023	25/05/2023	Dutch	PDF
Abridged model	31/12/2021	25/05/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	10/05/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	29/05/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Abridged model	31/12/2017	05/05/2018	17/05/2018	Dutch	PDF
Abridged model	31/12/2016	06/05/2017	17/05/2017	Dutch	PDF
Full model	31/12/2015	07/05/2016	20/05/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	07/05/2015	Dutch	PDF
Abridged model	31/12/2013	03/05/2014	16/05/2014	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	21/05/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	24/05/2012	Dutch	PDF
Abridged model	31/12/2010	07/05/2011	18/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	04/05/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	05/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/05/2007	31/05/2007	Dutch	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 · 2 active · 5 ended

Active mandates

MAX CONSULTING

Director · since 17 avril 2023 · 0456.554.848

Represented by FREMAUT KLAAS

Active

NANCY GEEROMS

Director · since 17 avril 2023

Active

Ended mandates

Nancy GEEROMS

Director · since 01 janvier 2020

Ended

MAX CONSULTING

Director · 0456.554.848

Represented by Klaas FREMAUT

Ended

MAX CONSULTING

Manager · 0456.554.848

Ended

MAX CONSULTING

Director · 0456.554.848

Represented by Klaas FREMAUT

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other25/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates20/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2003
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office17/04/2003
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/01/2003
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2002
ONTSLAGEN - BENOEMINGEN
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 202536,6 k €↑
2024
Annual accounts 202430 k €↓
2023
Annual accounts 202335,1 k €↑
2022
Annual accounts 202228,6 k €↓
2021
Annual accounts 202131,8 k €↑
2020
Annual accounts 202014,7 k €↓
2019
Annual accounts 201923,8 k €↓
2018
Annual accounts 201825,8 k €↑
2017
Annual accounts 201712,3 k €↑
2016
Annual accounts 2016-13,1 k €↓
2015
Annual accounts 201528,3 k €↓
2014
Annual accounts 201428,9 k €↓
2013
Annual accounts 201329 k €↑
2012
Annual accounts 201228 k €↑
2011
Annual accounts 201125,8 k €↑
2010
Annual accounts 201024 k €↓
2009
Annual accounts 200924,7 k €↑
2008
Annual accounts 200819,5 k €↑
2007
Annual accounts 200715 k €↑
2006
Annual accounts 20065,8 k €
23/06/1997
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

MILLCOM

Overview

What does MILLCOM 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