ACTIVE

MILMAS

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Financial year 2025 · Closed on 31/12/2025

Net result171,8 k €+449,5 %over 1 year
Gross margin4,9 M €+14,2 %over 1 year
Equity739,5 k €+7,5 %over 1 year
Workforce57,8 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

MILMAS is a Private limited company incorporated in 2016. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Bornem. It employs on average 57,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.768.050
Incorporation
24/03/2016
Legal form
Private limited company
Registered office
Woestijnstraat(BOR) 13
2880 Bornem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
57,8 ETP
Joint committees (3)
  • 140
  • 14003
  • 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin4,9 M €4,3 M €3,7 M €2 M €774,8 k €
EBITDA1,6 M €1,1 M €1,3 M €418,8 k €200,2 k €
Operating result456,4 k €142,2 k €676,4 k €90,7 k €114,4 k €
Net result171,8 k €-49,1 k €508,5 k €20,8 k €65,9 k €
Balance sheet
Equity739,5 k €687,8 k €736,9 k €228,4 k €207,6 k €
Total assets5,2 M €4,8 M €3,5 M €2,9 M €989,4 k €
Cash174,9 k €165,9 k €108,5 k €147,3 k €14,7 k €
Debts4,4 M €4,1 M €2,8 M €2,6 M €779,2 k €
Other
Workforce57,8 ETP56,5 ETP44,3 ETP–12,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
Masih Amini
Directorsince 11/06/2020
Milad Amini
Directorsince 11/06/2020

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelAbridged modelMicro 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 date28/08/202603/11/202530/01/202506/12/202331/08/202229/10/2021
General meeting25/06/202627/06/202527/06/202429/06/202330/06/202224/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202628/08/2026DutchPDF
Abridged model31/12/202427/06/202503/11/2025DutchPDF
Abridged model31/12/202327/06/202430/01/2025DutchPDF
Micro model31/12/202229/06/202306/12/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Micro model31/12/202024/06/202129/10/2021DutchPDF
Micro model31/12/201925/06/202023/10/2020FrenchPDF
Micro model31/12/201827/06/201927/12/2019FrenchPDF
Micro model31/12/201729/06/201824/01/2019FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
Masih Amini
Directorsince 11/06/2020
Milad Amini
Directorsince 11/06/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office29/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office24/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Registered office31/05/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/07/2020
    DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office02/01/2020
    SIEGE SOCIAL
    PDF
  • Capital / shares23/11/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates31/05/2018
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings9 filings
Mandates
Milad Amini
Masih Amini
20162017201820192020202120222023202420252026
MILMAS
Woestijnstraat(BOR) 13, 2880 BornemKoningin Astridlaan, 8, 2830 Willebroek
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Woestijnstraat(BOR) 13, 2880 BornemCurrent
accounts 2025
Accounts 2025 · 2026-00439070
Koningin Astridlaan, 8, 2830 Willebroek
accounts 2023 → 2024
Accounts 2024 · 2025-00559597
Baeckelmansstraat 131/C, 2830 Willebroek
accounts 2022
Accounts 2022 · 2023-00523066
Baeckelmansstraat 131 bte C, 2830 Willebroek
accounts 2021
Accounts 2021 · 2022-20363674

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MILMASCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00439070

Events

  1. 2025
    Annual accounts 2025171,8 k €↑
  2. 2024
    Annual accounts 2024-49,1 k €↓
  3. 2023
    Annual accounts 2023508,5 k €↑
  4. 2022
    Annual accounts 202220,8 k €↓
  5. 2021
    Annual accounts 202165,9 k €↓
  6. 2020
    Annual accounts 202093,2 k €↑
  7. 2019
    Annual accounts 201924,5 k €↑
  8. 2018
    Annual accounts 201810,9 k €↑
  9. 2017
    Annual accounts 2017-5,6 k €
  10. 24/03/2016
    IncorporationPrivate limited company