NORMAL SITUATION

MILLENNIUM SYSTEMS

Company — Normal situation.

Financial year 2026 · Closed on 13/02/2026

Net result88,1 k €-6,3 %over 1 year
Gross margin88,5 k €-6,2 %over 1 year
Equity-67,1 k €+56,8 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 25 filings

Trend over 20 financial years

20262025202420232022
Income statement
Gross margin88,5 k €94,4 k €77,4 k €3,3 k €7,1 k €
EBITDA88,1 k €94 k €77 k €2,8 k €6,6 k €
Operating result88,1 k €94 k €77 k €2,8 k €6,6 k €
Net result88,1 k €94 k €77 k €2,2 k €6 k €
Balance sheet
Equity-67,1 k €-155,1 k €-249,1 k €-326,1 k €-328,3 k €
Total assets7,6 k €2,9 k €2,4 k €6,1 k €6,6 k €
Cash2,9 k €925 €3 €2,3 k €4,1 k €
Debts74,7 k €158 k €251,5 k €332,2 k €334,9 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 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

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings
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
Abridged model30/06/200204/11/200223/06/2003FrenchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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
  • Registered office26/09/2017
    SIEGE SOCIAL
    PDF
  • Registered office01/07/2009
    SIEGE SOCIAL
    PDF
  • Capital / shares20/12/2006
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
    PDF
  • Mandates20/06/2005
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

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 €