ACTIVE

Milak

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Financial year 2025 · closed on 31/12/2025
Net result
-126,9 k €
-132.9% YoY
Gross margin
2,3 M €
-24.5% YoY
Equity
2,6 M €
-21.6% YoY
Workforce
36,8 ETP
-4.2% YoY

What does Milak do?

Milak is a Private limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Mechelen. It employs on average 36,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0561.710.172
Incorporation
25/09/2014
Legal form
Private limited company
Registered office
Brusselsesteenweg 417
2800 Mechelen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
36,8 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities52230Service activities incidental to air transportation52230Service activities incidental to air transportation
Joint committees (3)
  • 140
  • 14004
  • 226
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin2,3 M €3 M €3,4 M €3,3 M €2,9 M €1 M €769,4 k €328,6 k €331,4 k €321,5 k €75,5 k €
EBITDA66,7 k €804,5 k €972,6 k €1,5 M €1,7 M €519,8 k €468,4 k €123,3 k €141,8 k €241,1 k €63,3 k €
Operating result-109,3 k €614,8 k €810,6 k €1,3 M €1,5 M €390,4 k €228 k €83,5 k €124,1 k €218,5 k €57,3 k €
Net result-126,9 k €385,2 k €550,7 k €950,9 k €1,1 M €267,7 k €153,2 k €50,4 k €46,8 k €196,6 k €57,3 k €
Balance sheet
Equity2,6 M €3,3 M €3 M €2,5 M €1,8 M €718,6 k €450,8 k €297,7 k €247,3 k €200,5 k €27,5 k €
Total assets5,5 M €4,4 M €4,4 M €5 M €3,7 M €2,8 M €1,6 M €499,4 k €385,4 k €357,4 k €82,9 k €
Cash2,5 M €767,6 k €892,3 k €964,6 k €1,3 M €443,2 k €135,9 k €69,5 k €17 k €56,1 k €18,9 k €
Debts2,9 M €1 M €1,4 M €2,5 M €1,6 M €2,1 M €1,1 M €200,4 k €137,2 k €156 k €55,5 k €
Other
Workforce36,8 ETP38,4 ETP39,4 ETP37,3 ETP28,0 ETP14,7 ETP7,1 ETP6,5 ETP4,8 ETP1,7 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

MUSTAPHA OUAICH

Director

Active
Namuba

Director · 0788.588.026

Represented by Bassim OUAICH

Active

Ended mandates

Namuba

Director · since 14 juillet 2022 · 0788.588.026

Represented by Bassim OUAICH

Ended
Mustapha Ouaich

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202616/07/202525/10/202414/08/202310/02/202302/02/2022
General meeting30/06/202630/06/202531/08/202426/05/202307/02/202301/02/2022
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202516/07/2025DutchPDF
Abridged model31/12/202331/08/202425/10/2024DutchPDF
Abridged model31/12/202226/05/202314/08/2023DutchPDF
Abridged model31/12/202107/02/202310/02/2023DutchPDF
Abridged model31/12/202001/02/202202/02/2022DutchPDF
Abridged model31/12/201908/09/202009/10/2020DutchPDF
Abridged model31/12/201824/05/201927/08/2019DutchPDF
Abridged model31/12/201725/05/201828/09/2018DutchPDF
Abridged model31/12/201626/05/201720/07/2017DutchPDF
Abridged model31/12/201527/05/201625/10/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 ended

Active mandates

MUSTAPHA OUAICH

Director

Active
Namuba

Director · 0788.588.026

Represented by Bassim OUAICH

Active

Ended mandates

Namuba

Director · since 14 juillet 2022 · 0788.588.026

Represented by Bassim OUAICH

Ended
Mustapha Ouaich

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office05/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/01/2026
    BENAMING - DOEL
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2022
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/03/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL
    PDF
  • Mandates26/05/2015
    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

Timeline

  1. 2025
    Annual accounts 2025-126,9 k €↓
  2. 2025
    Name changeMilak
  3. 2024
    Annual accounts 2024385,2 k €↓
  4. 2023
    Annual accounts 2023550,7 k €↓
  5. 2022
    Annual accounts 2022950,9 k €↓
  6. 2021
    Annual accounts 20211,1 M €↑
  7. 2020
    Annual accounts 2020267,7 k €↑
  8. 2019
    Annual accounts 2019153,2 k €↑
  9. 2018
    Annual accounts 201850,4 k €↑
  10. 2017
    Annual accounts 201746,8 k €↓
  11. 2016
    Annual accounts 2016196,6 k €↑
  12. 2015
    Annual accounts 201557,3 k €
  13. 2015
    Name changeFenair
  14. 25/09/2014
    IncorporationPrivate limited company