ACTIVE

MILLET BENELUX

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Financial year 2025 · closed on 31/12/2025

Net result

1 M €

-18.1% YoY

Revenue

555 k €

0.0% YoY

Equity

6,1 M €

-3.2% YoY

What does MILLET BENELUX do?

MILLET BENELUX is a Public limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Ninove.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.462.515

Incorporation

01/04/2004

Legal form

Public limited company

Registered office

Fonteinstraat(Oke) 55
9400 Ninove · FlandreSee on map

Contributed capital

2 703 251,82 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities+3

Signals

ProfitableSolid equityLow riskPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	555 k €	0.0%	555 k €	0.0%	555 k €	+54.2%	360 k €	0.0%	360 k €	0.0%	360 k €	0.0%	360 k €		–		20 k €	0.0%	20 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	-11,5 k €	-79.6%	-6,4 k €	-135%	18,2 k €	+117%	-106,3 k €	-283%	-27,8 k €	-121%	134,8 k €	-25.0%	179,8 k €	+330%	-78,1 k €	-6335%	-1,2 k €	-107%	17,6 k €	+4.8%	16,8 k €	+195%	-17,7 k €	-197%	18,2 k €	+3.6%	17,6 k €	-1.0%	17,8 k €	-0.8%	17,9 k €	+156%	7 k €	+171%	2,6 k €	-14.4%	3 k €	+16.5%	2,6 k €
Operating result	-11,5 k €	-79.6%	-6,4 k €	-135%	18,2 k €	+117%	-106,3 k €	-283%	-27,8 k €	-121%	134,8 k €	-25.0%	179,8 k €	+330%	-78,1 k €	-6335%	-1,2 k €	-107%	17,6 k €	+4.8%	16,8 k €	+195%	-17,7 k €	-197%	18,2 k €	+3.6%	17,6 k €	-1.0%	17,8 k €	-0.8%	17,9 k €	+156%	7 k €	+171%	2,6 k €	-14.4%	3 k €	+16.5%	2,6 k €
Net result	1 M €	-18.1%	1,3 M €	-28.2%	1,8 M €	+201%	589 k €	+41.8%	415,3 k €	-61.9%	1,1 M €	+675%	140,8 k €	-74.7%	557,1 k €	+45529%	-1,2 k €	-100%	378,2 k €	+133%	162,1 k €	+0.6%	161,2 k €	+140%	67 k €	-80.3%	340,7 k €	+318%	81,5 k €	-9.8%	90,3 k €	+123%	40,5 k €	+1619%	2,4 k €	-29.9%	3,4 k €	+134%	-9,8 k €
Balance sheet
Equity	6,1 M €	-3.2%	6,4 M €	-16.2%	7,6 M €	+20.2%	6,3 M €	+10.3%	5,7 M €	+7.8%	5,3 M €	+25.9%	4,2 M €	+3.5%	4,1 M €	+230%	1,2 M €	-16.9%	1,5 M €	+34.2%	1,1 M €	-7.4%	1,2 M €	+15.6%	1 M €	+6.9%	965,1 k €	+54.6%	624,5 k €	+15.0%	543 k €	+20.0%	452,6 k €	+9.8%	412,1 k €	+0.6%	409,8 k €	+0.8%	406,4 k €
Total assets	7,5 M €	-1.3%	7,6 M €	+0.1%	7,6 M €	+12.5%	6,8 M €	+2.4%	6,6 M €	-0.1%	6,6 M €	+0.5%	6,6 M €	-3.8%	6,9 M €	+456%	1,2 M €	-17.3%	1,5 M €	+10.0%	1,4 M €	+10.4%	1,2 M €	+16.6%	1,1 M €	+2.2%	1 M €	+17.7%	876 k €	-0.1%	877,3 k €	-2.6%	900,3 k €	+3.3%	871,5 k €	+0.7%	865,3 k €	+0.6%	860 k €
Cash	146,2 k €	-35.1%	225,2 k €	-9.1%	247,8 k €	-0.1%	248,1 k €	+171%	91,4 k €	-5.0%	96,2 k €	+57.7%	61 k €	-85.4%	418,2 k €	+78.1%	234,7 k €	-52.9%	498,8 k €	-1.9%	508,6 k €	+34.0%	379,5 k €	+81.4%	209,2 k €	+29.1%	162 k €	+1426%	10,6 k €	+33.9%	7,9 k €	-81.6%	43,1 k €	+704%	5,4 k €	-62.0%	14,1 k €	+59.4%	8,8 k €
Debts	1,4 M €	+8.3%	1,3 M €	+2689%	45,9 k €	-90.3%	473,2 k €	-47.7%	904,1 k €	-31.9%	1,3 M €	-44.3%	2,4 M €	-14.3%	2,8 M €	+140004%	2 k €	-79.6%	9,7 k €	-96.1%	252,1 k €	+595%	36,3 k €	+62.9%	22,3 k €	-66.3%	66,2 k €	-73.7%	251,5 k €	-24.8%	334,3 k €	-25.3%	447,7 k €	+0.2%	447 k €	+0.9%	443,1 k €	-0.3%	444,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Christine Millet

Chairman of the board of directors · since 28 juin 2024 · until 28 juin 2030

Active

Jean-Pierre Millet

Director · since 28 juin 2024 · until 28 juin 2030

Active

Stefaan Luca

Managing director · since 28 juin 2024 · until 28 juin 2030

Active

Willy Luca

Director · since 28 juin 2024 · until 28 juin 2030

Active

Ended mandates

Christine Millet

Chairman of the board of directors · since 23 mars 2018 · until 30 juin 2024

Ended

Jean-Pierre Millet

Director · since 23 mars 2018 · until 30 juin 2024

Ended

Stefaan Luca

Managing director · since 23 mars 2018 · until 30 juin 2024

Ended

Willy Luca

Director · since 23 mars 2018 · until 30 juin 2024

Ended

At this address

Other companies at this address

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Nervia Plastics● Active	0400.311.674
SOFIDENDRE● Active	0436.377.066

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	04/07/2025	26/07/2024	03/07/2023	26/07/2022	01/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	29/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	01/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	02/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 7 ended

Active mandates

Christine Millet

Chairman of the board of directors · since 28 juin 2024 · until 28 juin 2030

Active

Jean-Pierre Millet

Director · since 28 juin 2024 · until 28 juin 2030

Active

Stefaan Luca

Managing director · since 28 juin 2024 · until 28 juin 2030

Active

Willy Luca

Director · since 28 juin 2024 · until 28 juin 2030

Active

Ended mandates

Christine Millet

Chairman of the board of directors · since 23 mars 2018 · until 30 juin 2024

Ended

Jean-Pierre Millet

Director · since 23 mars 2018 · until 30 juin 2024

Ended

Stefaan Luca

Managing director · since 23 mars 2018 · until 30 juin 2024

Ended

Willy Luca

Director · since 23 mars 2018 · until 30 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares05/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates18/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/04/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other14/04/2004
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

2025
Annual accounts 20251 M €↓
2024
Annual accounts 20241,3 M €↓
2023
Annual accounts 20231,8 M €↑
2022
Annual accounts 2022589 k €↑
2021
Annual accounts 2021415,3 k €↓
2020
Annual accounts 20201,1 M €↑
2019
Annual accounts 2019140,8 k €↓
2018
Annual accounts 2018557,1 k €↑
2017
Annual accounts 2017-1,2 k €↓
2016
Annual accounts 2016378,2 k €↑
2015
Annual accounts 2015162,1 k €↑
2014
Annual accounts 2014161,2 k €↑
2013
Annual accounts 201367 k €↓
2012
Annual accounts 2012340,7 k €↑
2011
Annual accounts 201181,5 k €↓
2010
Annual accounts 201090,3 k €↑
2009
Annual accounts 200940,5 k €↑
2008
Annual accounts 20082,4 k €↓
2007
Annual accounts 20073,4 k €↑
2006
Annual accounts 2006-9,8 k €
01/04/2004
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MILLET BENELUX

Overview

What does MILLET BENELUX do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline