NORMAL SITUATION

MILLENNIUM SYSTEMS

Financial year 2026 · closed on 13/02/2026
Net result
88,1 k €
-6.3% YoY
Gross margin
88,5 k €
-6.2% YoY
Equity
-67,1 k €
+56.8% YoY

Company — Normal situation.

What does MILLENNIUM SYSTEMS do?

MILLENNIUM SYSTEMS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.843.013
Legal form
Private company with limited liability
Contributed capital
18 592,01 €
Latest accounts
13/02/2026
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20262025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin88,5 k €94,4 k €77,4 k €3,3 k €7,1 k €535 €4 k €-2,1 k €-2,4 k €-26,9 k €12,4 k €25,4 k €29,2 k €34,9 k €52,7 k €75,6 k €63,2 k €73,8 k €8,5 k €44,8 k €
EBITDA88,1 k €94 k €77 k €2,8 k €6,6 k €76 €3,5 k €-2,6 k €-3,4 k €-60,6 k €-25,3 k €-28 k €-21,7 k €-19,7 k €-4,5 k €16,6 k €14,4 k €5,7 k €-81,8 k €10,4 k €
Operating result88,1 k €94 k €77 k €2,8 k €6,6 k €76 €3,5 k €-2,6 k €-3,4 k €-60,6 k €-27,3 k €-29,4 k €-23 k €-21,1 k €-5,8 k €1,6 k €-544 €-9,3 k €-102,1 k €-7,6 k €
Net result88,1 k €94 k €77 k €2,2 k €6 k €-1,2 k €3,1 k €-2,8 k €-4 k €-61,6 k €-29 k €-29,8 k €-22,7 k €-21,6 k €-5,9 k €4,1 k €7 k €-63 k €-108,9 k €-14,2 k €
Balance sheet
Equity-67,1 k €-155,1 k €-249,1 k €-326,1 k €-328,3 k €-334,3 k €-333 k €-336,1 k €-333,3 k €-329,3 k €-267,7 k €-238,7 k €-208,9 k €-186,2 k €-164,6 k €-158,7 k €-162,8 k €-169,9 k €-106,9 k €2 k €
Total assets7,6 k €2,9 k €2,4 k €6,1 k €6,6 k €3,1 k €1,5 k €2,8 k €5,9 k €9,7 k €77,5 k €61,1 k €65,1 k €66,1 k €68,8 k €66,1 k €87,1 k €256,1 k €322,9 k €323,6 k €
Cash2,9 k €925 €3 €2,3 k €4,1 k €2,8 k €1,5 k €341 €2,5 k €1,6 k €19,7 k €15,6 k €11,3 k €15,1 k €13,8 k €22 k €19,1 k €7,6 k €15,5 k €39,5 k €
Debts74,7 k €158 k €251,5 k €332,2 k €334,9 k €337,4 k €334,5 k €338,9 k €339,1 k €339 k €345,2 k €299,8 k €274 k €252,3 k €233,4 k €224,8 k €248,1 k €424,1 k €429,8 k €319,7 k €
Other
Workforce0,6 ETP1,0 ETP1,0 ETP1,6 ETP1,4 ETP1,6 ETP1,6 ETP1,5 ETP1,9 ETP3,5 ETP1,5 ETP
Governance

Board of directors

Seen on filing of 13/02/2026 · 1 active · 2 ended

Active mandates

Racham Services SRL

Director · since 10 janvier 2004 · 0479.577.995

Represented by Vincent Helsen

Active

Ended mandates

RACHAM SERVICES

Director · since 01 octobre 2004 · 0479.577.995

Represented by Vincent Helsen

Ended
RACHAM SERVICES

Manager · since 01 octobre 2004 · 0479.577.995

Represented by VINCENT HELSEN

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year13/02/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Length of the financial year8 months12 months12 months12 months12 months12 months
Filing date04/08/202622/12/202529/01/202503/01/202419/12/202222/12/2021
General meeting13/02/202603/11/202504/11/202414/11/202308/11/202202/11/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

25 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model13/02/202613/02/202604/08/2026FrenchPDF
Abridged model30/06/202503/11/202522/12/2025FrenchPDF
Abridged model30/06/202404/11/202429/01/2025FrenchPDF
Abridged model30/06/202314/11/202303/01/2024FrenchPDF
Abridged model30/06/202208/11/202219/12/2022FrenchPDF
Abridged model30/06/202102/11/202122/12/2021FrenchPDF
Abridged model30/06/202002/11/202028/12/2020FrenchPDF
Abridged model30/06/201904/11/201906/01/2020FrenchPDF
Abridged model30/06/201805/11/201831/01/2019FrenchPDF
Abridged model30/06/201706/11/201714/12/2017FrenchPDF
Abridged model30/06/201607/11/201615/12/2016FrenchPDF
Abridged model30/06/201502/11/201524/11/2015FrenchPDF
Abridged model30/06/201405/11/201402/12/2014FrenchPDF
Abridged model30/06/201306/11/201307/02/2014FrenchPDF
Abridged model30/06/201207/11/201211/12/2012FrenchPDF
Abridged model30/06/201102/11/201103/01/2012FrenchPDF
Abridged model30/06/201002/11/201020/12/2010FrenchPDF
Abridged model30/06/200902/11/200922/12/2009FrenchPDF
Abridged model30/06/200805/11/200812/01/2009FrenchPDF
Abridged model30/06/200705/11/200720/12/2007FrenchPDF
Abridged model30/06/200606/11/200608/01/2007FrenchPDF
Abridged model30/06/200507/11/200514/03/2006FrenchPDF
Abridged model30/06/200402/11/200431/12/2004FrenchPDF
Abridged model30/06/200303/11/200309/12/2003FrenchPDF

View all 25 filings

Estimate

Indicative valuation

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 13/02/2026 · 1 active · 2 ended

Active mandates

Racham Services SRL

Director · since 10 janvier 2004 · 0479.577.995

Represented by Vincent Helsen

Active

Ended mandates

RACHAM SERVICES

Director · since 01 octobre 2004 · 0479.577.995

Represented by Vincent Helsen

Ended
RACHAM SERVICES

Manager · since 01 octobre 2004 · 0479.577.995

Represented by VINCENT HELSEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution17/03/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/12/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    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

Timeline

  1. 2026
    Annual accounts 202688,1 k €
  2. 2026
    Name changeMILLENNIUM SYSTEM
  3. 2025
    Annual accounts 202594 k €
  4. 2024
    Annual accounts 202477 k €
  5. 2023
    Annual accounts 20232,2 k €
  6. 2022
    Annual accounts 20226 k €
  7. 2022
    Name changeMILLENNIUM SYSTEMS
  8. 2021
    Annual accounts 2021-1,2 k €
  9. 2020
    Annual accounts 20203,1 k €
  10. 2019
    Annual accounts 2019-2,8 k €
  11. 2018
    Annual accounts 2018-4 k €
  12. 2017
    Annual accounts 2017-61,6 k €
  13. 2016
    Annual accounts 2016-29 k €
  14. 2015
    Annual accounts 2015-29,8 k €
  15. 2014
    Annual accounts 2014-22,7 k €
  16. 2013
    Annual accounts 2013-21,6 k €
  17. 2012
    Annual accounts 2012-5,9 k €
  18. 2011
    Annual accounts 20114,1 k €
  19. 2010
    Annual accounts 20107 k €
  20. 2009
    Annual accounts 2009-63 k €
  21. 2008
    Annual accounts 2008-108,9 k €
  22. 2007
    Annual accounts 2007-14,2 k €