ACTIVE

MILINAS

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Financial year 2025 · closed on 31/12/2025
Net result
435,5 k €
-38.9% YoY
Revenue
1,3 M €
Equity
7,3 M €
+5.6% YoY
Workforce
0,5 ETP
0.0% YoY

What does MILINAS do?

MILINAS is a Private limited company incorporated in 2015. Its main activity is: Activities of holding companies. Its registered office is in Hamont-Achel. It employs on average 0,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0627.961.964
Incorporation
07/04/2015
Legal form
Private limited company
Registered office
Oude Baan 40
3930 Hamont-Achel · FlandreSee on map
Contributed capital
1 600 000,00 €
Latest accounts
31/12/2025
Average workforce
0,5 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue1,3 M €–923 k €–975,1 k €811,3 k €831,5 k €––263 k €–
EBITDA1,2 M €1,5 M €1,1 M €1 M €1 M €994,4 k €928,8 k €952,8 k €1,1 M €379,4 k €388,7 k €
Operating result459,5 k €373,4 k €471,1 k €599,2 k €617,4 k €867,6 k €797,1 k €935,4 k €923,4 k €378,8 k €385,8 k €
Net result435,5 k €712,8 k €350 k €494 k €509,2 k €752,2 k €661,3 k €738,8 k €748,7 k €291,4 k €233,4 k €
Balance sheet
Equity7,3 M €6,9 M €6,2 M €5,9 M €5,4 M €5 M €4,2 M €3,6 M €2,8 M €2,1 M €1,8 M €
Total assets19,7 M €18,7 M €13,8 M €12,4 M €11,1 M €9,9 M €5,5 M €4 M €3,6 M €3,3 M €3,5 M €
Cash49,2 k €16,8 k €45 k €30,4 k €12,3 k €88,3 k €82,1 k €77 k €212,3 k €135,9 k €184,9 k €
Debts12,4 M €11,9 M €7,5 M €6,5 M €5,7 M €4,9 M €1,2 M €392,1 k €785,8 k €1,2 M €1,7 M €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Roeland Schuurmans

Director · since 02 avril 2015

Active

Ended mandates

Roeland Schuurmans

Administrator - manager · since 02 avril 2015

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull 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 date26/05/202628/05/202503/06/202411/07/202317/05/202214/05/2021
General meeting12/05/202620/05/202514/05/202430/06/202311/05/202211/05/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202626/05/2026DutchPDF
Abridged model31/12/202420/05/202528/05/2025DutchPDF
Abridged model31/12/202314/05/202403/06/2024DutchPDF
Abridged model31/12/202230/06/202311/07/2023DutchPDF
Abridged model31/12/202111/05/202217/05/2022DutchPDF
Abridged model31/12/202011/05/202114/05/2021DutchPDF
Abridged model31/12/201912/05/202022/05/2020DutchPDF
Abridged model31/12/201814/05/201916/05/2019DutchPDF
Abridged model31/12/201708/05/201815/05/2018DutchPDF
Abridged model31/12/201609/05/201718/05/2017DutchPDF
Abridged model31/12/201510/05/201602/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 1 ended

Active mandates

Roeland Schuurmans

Director · since 02 avril 2015

Active

Ended mandates

Roeland Schuurmans

Administrator - manager · since 02 avril 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office25/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/04/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025435,5 k €↓
  2. 2024
    Annual accounts 2024712,8 k €↑
  3. 2023
    Annual accounts 2023350 k €↓
  4. 2022
    Annual accounts 2022494 k €↓
  5. 2021
    Annual accounts 2021509,2 k €↓
  6. 2020
    Annual accounts 2020752,2 k €↑
  7. 2019
    Annual accounts 2019661,3 k €↓
  8. 2018
    Annual accounts 2018738,8 k €↓
  9. 2017
    Annual accounts 2017748,7 k €↑
  10. 2016
    Annual accounts 2016291,4 k €↑
  11. 2015
    Annual accounts 2015233,4 k €
  12. 07/04/2015
    IncorporationPrivate limited company