ACTIVE

MILLER HEATING

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Financial year 2024 · closed on 31/12/2024
Net result
545,3 k €
+37.6% YoY
Gross margin
1 M €
+27.9% YoY
Equity
1,5 M €
+57.9% YoY

What does MILLER HEATING do?

MILLER HEATING is a Private company with limited liability incorporated in 2018. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0691.954.250
Incorporation
12/03/2018
Legal form
Private company with limited liability
Registered office
Marktstraat 6
8301 Knokke-Heist · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation46130Agents involved in the sale of timber and building materials46130Agents involved in the sale of timber and building materials
Joint committees (4)
  • 124
  • 12400
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021202020192018
Income statement
Gross margin1 M €815,5 k €452,6 k €488,9 k €498,8 k €591,3 k €276,8 k €
EBITDA787,8 k €578,4 k €215,4 k €186,9 k €147,5 k €220,5 k €203,8 k €
Operating result737,9 k €535,9 k €167,7 k €134,7 k €105,5 k €148,9 k €200,6 k €
Net result545,3 k €396,3 k €111,6 k €82,7 k €74,1 k €104,5 k €142,6 k €
Balance sheet
Equity1,5 M €930,4 k €534,1 k €422,5 k €339,9 k €265,7 k €161,2 k €
Total assets2,2 M €1,3 M €1,1 M €944,5 k €765 k €801,6 k €303,5 k €
Cash459,5 k €397,2 k €132,6 k €192,9 k €111 k €97,1 k €60,1 k €
Debts721,5 k €401,2 k €527,8 k €521,9 k €425,2 k €535,9 k €118,8 k €
Other
Workforce––4,3 ETP5,3 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 31/12/2024 · 1 active · 3 ended

Active mandates

Michael Meulemans

Director · since 12 mars 2018

Active

Ended mandates

MICHAEL MEULEMANS

Director · since 14 mars 2018

Ended
Michael Meulemans

Mandate

Ended
MICHAEL MEULEMANS

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
THE MILL PROPERTIES● Active
1014.610.892
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202531/08/202407/09/202329/12/202230/09/202123/09/2020
General meeting27/06/202528/06/202427/06/202328/06/202225/06/202126/06/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202529/08/2025DutchPDF
Micro model31/12/202328/06/202431/08/2024DutchPDF
Abridged modelCorrection31/12/202227/06/202307/09/2023DutchPDF
Abridged model31/12/202227/06/202301/09/2023DutchPDF
Abridged model31/12/202128/06/202229/12/2022DutchPDF
Micro model31/12/202025/06/202130/09/2021DutchPDF
Micro model31/12/201926/06/202023/09/2020DutchPDF
Micro model31/12/201828/06/201902/08/2019DutchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Michael Meulemans

Director · since 12 mars 2018

Active

Ended mandates

MICHAEL MEULEMANS

Director · since 14 mars 2018

Ended
Michael Meulemans

Mandate

Ended
MICHAEL MEULEMANS

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/03/2022
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/03/2018
    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. 2024
    Annual accounts 2024545,3 k €↑
  2. 2023
    Annual accounts 2023396,3 k €↑
  3. 2022
    Annual accounts 2022111,6 k €↑
  4. 2021
    Annual accounts 202182,7 k €↑
  5. 2020
    Annual accounts 202074,1 k €↓
  6. 2019
    Annual accounts 2019104,5 k €↓
  7. 2018
    Annual accounts 2018142,6 k €
  8. 12/03/2018
    IncorporationPrivate company with limited liability