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be-MINE

Active
Public limited companyfounded 200916 yrs activeKempische steenweg 311, 3500 Hasselt, BelgiumKBO/BCE: BE 0821.540.807
Summary

be-MINE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.1m and a net result of -€1.2m. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 4834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability8▼-3
Solvency53▼-7
Growth22=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.96 in 2023; short-term debt: 71.8% and cash: 0.4% of total assets), and 71.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
28.1%
Return on assets
-5.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
42 d early
2022
28 d early
2021
30 d early
2020
57 d early
2019
58 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Be-MINE was incorporated on 10 December 2009.1 The registered office was moved to Hasselt in 2015.2 The board currently has 5 members; LRM BEHEER NV has served longest, since 2015.3 Revenue fell from EUR 1.1 million in 2018 to EUR 122,061 in 2024 and headcount from 0.5 to 1.7 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-09-2015
  3. 3Belgian State Gazette, 10-02-2022
  4. 4National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€122,061▲ 170%
2023 · €45,213
EBIT margin
-853.4%▲ 46.6pp
2023 · -900.0%
Net result
-€1.2m▼ 186%
2023 · -€403,703
Working capital
-€1.6m▼ 173%
2023 · -€573,208
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€898,861▲ 3,142%€168,803▼ 81.2%€6.4m▲ 3,718%€45,213▼ 99.3%€122,061▲ 170%
Operating result-€458,167▲ 54.4%-€675,395▼ 47.4%-€1.6m▼ 132%-€406,929▲ 74.0%-€1.0m▼ 156%
Net result-€115,944below the sector's middle half▲ 88.1%-€684,993below the sector's middle half▼ 491%-€1.6mbelow the sector's middle half▼ 133%-€403,703below the sector's middle half▲ 74.7%-€1.2mbelow the sector's middle half▼ 186%
EBIT margin-51.0%▲ 3570.4pp-400.1%▼ 349.1pp-24.3%▲ 375.8pp-900.0%▼ 875.8pp-853.4%▲ 46.6pp
Equity€9.8mabove the sector's middle half▼ 3.5%€9.1mabove the sector's middle half▼ 7.0%€7.5mabove the sector's middle half▼ 17.6%€7.1mabove the sector's middle half▼ 5.4%€6.1mabove the sector's middle half▼ 14.3%
Total assets€35.3mabove the sector's middle half▲ 13.5%€34.4mabove the sector's middle half▼ 2.4%€17.3mabove the sector's middle half▼ 49.8%€20.4mabove the sector's middle half▲ 17.7%€21.6mabove the sector's middle half▲ 6.1%
Debt€25.6m▲ 22.2%€25.4m▼ 0.7%€9.8m▼ 61.3%€13.3m▲ 35.4%€15.5m▲ 16.9%
Working capital€6.5mabove the sector's middle half▲ 17.7%€5.8mabove the sector's middle half▼ 10.5%€3.3mabove the sector's middle half▼ 43.2%-€573,208below the sector's middle half-€1.6mbelow the sector's middle half▼ 173%
Solvency27.6%within the sector's middle half▼ 4.9pp26.3%within the sector's middle half▼ 1.3pp43.2%within the sector's middle half▲ 16.9pp34.8%within the sector's middle half▼ 8.5pp28.1%within the sector's middle half▼ 6.7pp
Current ratio1.25within the sector's middle half▼ 0.011.23within the sector's middle half▼ 0.031.33within the sector's middle half▲ 0.110.96within the sector's middle half▼ 0.380.90within the sector's middle half▼ 0.06
Return on assets (ROA)-0.3%within the sector's middle half▲ 2.8pp-2.0%below the sector's middle half▼ 1.7pp-9.2%below the sector's middle half▼ 7.3pp-2.0%below the sector's middle half▲ 7.3pp-5.4%below the sector's middle half▼ 3.4pp
Staff (FTE)1.5within the sector's middle half▲ 66.7%1.5within the sector's middle half=1.3within the sector's middle half▼ 13.3%1.9within the sector's middle half▲ 46.2%1.7within the sector's middle half▼ 10.5%
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.5m-€1.0m-€500,000€0Operating result 2020: -€458,167-€458,167Net result 2020: -€115,944-€115,944Operating result 2021: -€675,395-€675,395Net result 2021: -€684,993-€684,993Operating result 2022: -€1.6m-€1.6mNet result 2022: -€1.6m-€1.6mOperating result 2023: -€406,929-€406,929Net result 2023: -€403,703-€403,703Operating result 2024: -€1.0m-€1.0mNet result 2024: -€1.2m-€1.2m20202021202220232024-€2m-€1.5m-€1m-€500,000€0Operating result 2022: -€1.6m-€1.6mNet result 2022: -€1.6m-€1.6mOperating result 2023: -€406,929-€407,000Net result 2023: -€403,703-€404,000Operating result 2024: -€1.0m-€1mNet result 2024: -€1.2m-€1.2m202220232024
The operating result stays negative: a loss of €1.0m in 2024 against €406,929 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21.6m
Fixed assets €7.7m ▼ 0.4%
Current assets €13.9m ▲ 10.0%
Equity and liabilities €21.6m
Equity €6.1m ▼ 14.3%
Debt €15.5m ▲ 16.9%
Debt's share of the balance-sheet total rises from 65.2% to 71.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€797,236▼
2023 · -€405,937
Cash flow
-€911,237▼
2023 · -€402,711
Quick ratio
0.04▼
2023 · 0.14
Debt to equity
2.56▲
2023 · 1.88
ROE
-19.1%▼
2023 · -5.7%
Interest coverage
-5.18▲
2023 · -12.56
Debt ≤ 1 year
€15.5m▲
2023 · €13.2m
Income taxes
€5,375▲
2023 · -€46
Staff costs
€149,133▼
2023 · €166,832
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
2.6% went bankrupt
3.0% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,165 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 76 lines
Balance sheet Code20232024
Assets
Total assets20/58€20.4m€21.6m▲
Fixed assets21/28€7.7m€7.7m▼
Tangible fixed assets22/27€4.3m€4.9m▲
Land and buildings22-€4.9m
Plant, machinery and equipment23€911€1,167▲
Furniture and vehicles24€399€190▼
Assets under construction and advance payments27€4.3m-
Financial fixed assets28€3.4m€2.7m▼
Affiliated companies280/1€3.4m€2.7m▼
Participating interests280€2.3m€2.3m=
Amounts receivable281€1.0m€400,003▼
Current assets29/58€12.7m€13.9m▲
Stocks and contracts in progress3€10.8m€13.2m▲
Stocks30/36€10.8m€13.2m▲
Property held for sale35€10.8m€13.2m▲
Amounts receivable within one year40/41€1.2m€502,266▼
Trade receivables40€778,220€493,964▼
Other amounts receivable41€439,124€8,302▼
Cash at bank and in hand54/58€657,421€79,793▼
Deferred charges and accrued income490/1€27,580€111,919▲
Equity and liabilities
Total equity and liabilities10/49€20.4m€21.6m▲
Equity10/15€7.1m€6.1m▼
Contributions10/11€7.3m€7.3m=
Capital10€3.9m€3.9m=
Issued capital100€3.9m€3.9m=
Outside capital11€3.4m€3.4m=
Share premium1100/10€3.4m€3.4m=
Reserves13€192,001€192,001=
Non-distributable reserves130/1€192,001€192,001=
Legal reserve130€192,000€192,000=
Reserves not available under the articles1311€1€1=
Profit (loss) carried forward14-€440,790-€1.6m▼
Investment grants15-€142,500
Amounts payable17/49€13.3m€15.5m▲
Amounts payable within one year42/48€13.2m€15.5m▲
Financial debts43€2.1m€3.2m▲
Credit institutions430/8€2.1m€3.2m▲
Trade debts44€1.0m€502,732▼
Suppliers440/4€1.0m€502,732▼
Advances received on contracts in progress46€6.0m€8.0m▲
Taxes, remuneration and social security45€365,979€22,205▼
Taxes450/3€347,244€4,193▼
Remuneration and social security454/9€18,735€18,012▼
Other amounts payable47/48€3.8m€3.8m=
Accrued charges and deferred income492/3€45,225€29,423▼
Income statement Code20232024
Operating income70/76A€1.8m€2.4m▲
Turnover70€45,213€122,061▲
Change in stocks of work in progress, finished goods and contracts in progress71€1.7m€271,651▼
Other operating income74€48,522€2.0m▲
Non-recurring operating income76A-€0
Operating charges60/66A€2.2m€3.5m▲
Goods for resale, raw materials and consumables60€1.8m€2.6m▲
Purchases600/8€1.8m€2.7m▲
Change in stocks: decrease (increase)609--€67,636
Services and other goods61€200,218€192,793▼
Remuneration, social security and pensions62€166,832€149,133▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€992€244,444▲
Other operating charges640/8€70,628€255,913▲
Operating profit (loss)9901-€406,929-€1.0m▼
Financial income75/76B€42,394€59,197▲
Recurring financial income75€42,394€59,197▲
Income from current assets751€42,394€49,747▲
Other financial income752/9-€9,450
Financial charges65/66B€39,214€167,821▲
Recurring financial charges65€39,214€167,821▲
Debt charges650€32,308€153,917▲
Other financial charges652/9€6,906€13,905▲
Profit (loss) for the period before taxes9903-€403,749-€1.2m▼
Income taxes67/77-€46€5,375▲
Taxes670/3€254€5,375▲
Tax adjustments and reversals of tax provisions77€300-
Profit (loss) for the period9904-€403,703-€1.2m▼
Profit (loss) for the period to be appropriated9905-€403,703-€1.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€440,790-€1.6m▼
Profit (loss) brought forward from the previous period14P-€37,087-€440,790▼
Social balance
Average headcount (FTE)90871.91.7▼

The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€1.9m€3.5m€1.8m€2.4m▲ 33.8%
Turnover70€898,861€168,803€6.4m€45,213€122,061▲ 170%
Change in stocks of work in progress, finished goods and contracts in progress71-€889,441-€18.9m€1.7m€271,651▼ 84.2%
Other operating income74-€693,206€16.0m€48,522€2.0m▲ 4,098%
Non-recurring operating income76A-€165,550--€0-
Operating charges60/66A-€2.6m€5.0m€2.2m€3.5m▲ 56.1%
Goods for resale, raw materials and consumables60-€1.9m€4.2m€1.8m€2.6m▲ 47.3%
Purchases600/8-€2.5m€4.2m€1.8m€2.7m▲ 51.1%
Change in stocks: decrease (increase)609--€603,657---€67,636-
Services and other goods61-€415,414€265,736€200,218€192,793▼ 3.7%
Remuneration, social security and pensions62-€108,941€98,756€166,832€149,133▼ 10.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,971€3,384€2,611€992€244,444▲ 24,539%
Other operating charges640/8-€138,012€350,007€70,628€255,913▲ 262%
Non-recurring operating charges66A--€97,650---
Operating profit (loss)9901-€458,167-€675,395-€1.6m-€406,929-€1.0m▼ 156%
Financial income75/76B-€17,123€17,828€42,394€59,197▲ 39.6%
Recurring financial income75€265,741€17,123€17,828€42,394€59,197▲ 39.6%
Income from financial fixed assets750-€16,080€16,080---
Income from current assets751---€42,394€49,747▲ 17.3%
Other financial income752/9-€1,043€1,748-€9,450-
Financial charges65/66B-€26,455€51,394€39,214€167,821▲ 328%
Recurring financial charges65€3,130€26,455€51,394€39,214€167,821▲ 328%
Debt charges650€15€16,653€44,787€32,308€153,917▲ 376%
Other financial charges652/9-€9,802€6,607€6,906€13,905▲ 101%
Profit (loss) for the period before taxes9903-€196,055-€684,727-€1.6m-€403,749-€1.2m▼ 185%
Income taxes67/77€260€266€531-€46€5,375▲ 11,898%
Taxes670/3-€266€531€254€5,375▲ 2,016%
Tax adjustments and reversals of tax provisions77---€300--
Profit (loss) for the period9904-€115,944-€684,993-€1.6m-€403,703-€1.2m▼ 186%
Profit (loss) for the period to be appropriated9905-€115,944-€684,993-€1.6m-€403,703-€1.2m▼ 186%
Line20202021202220232024Change
Assets
Total assets20/58€35.3m€34.4m€17.3m€20.4m€21.6m▲ 6.1%
Fixed assets21/28€3.3m€3.3m€4.2m€7.7m€7.7m▼ 0.4%
Tangible fixed assets22/27€6,898€3,514€839,388€4.3m€4.9m▲ 13.1%
Land and buildings22----€4.9m-
Plant, machinery and equipment23-€2,699€1,695€911€1,167▲ 28.1%
Furniture and vehicles24-€815€607€399€190▼ 52.2%
Assets under construction and advance payments27--€837,086€4.3m--
Financial fixed assets28€3.3m€3.3m€3.4m€3.4m€2.7m▼ 18.0%
Affiliated companies280/1-€3.3m€3.4m€3.4m€2.7m▼ 18.0%
Participating interests280-€2.3m€2.3m€2.3m€2.3m=
Amounts receivable281-€1.0m€1.0m€1.0m€400,003▼ 60.2%
Current assets29/58€32.0m€31.2m€13.1m€12.7m€13.9m▲ 10.0%
Amounts receivable after more than one year29-€849,999€424,999---
Other amounts receivable291-€849,999€424,999---
Stocks and contracts in progress3€26.5m€28.0m€9.0m€10.8m€13.2m▲ 23.0%
Stocks30/36-€28.0m€9.0m€10.8m€13.2m▲ 23.0%
Property held for sale35-€28.0m€9.0m€10.8m€13.2m▲ 23.0%
Amounts receivable within one year40/41€1.0m€1.1m€473,307€1.2m€502,266▼ 58.7%
Trade receivables40-€696,157€373,697€778,220€493,964▼ 36.5%
Other amounts receivable41-€363,937€99,610€439,124€8,302▼ 98.1%
Cash at bank and in hand54/58€2.4m€1.2m€3.1m€657,421€79,793▼ 87.9%
Deferred charges and accrued income490/1-€56,787€49,032€27,580€111,919▲ 306%
Equity and liabilities
Total equity and liabilities10/49€35.3m€34.4m€17.3m€20.4m€21.6m▲ 6.1%
Equity10/15€9.8m€9.1m€7.5m€7.1m€6.1m▼ 14.3%
Contributions10/11€3.9m€7.3m€7.3m€7.3m€7.3m=
Capital10-€3.9m€3.9m€3.9m€3.9m=
Issued capital100-€3.9m€3.9m€3.9m€3.9m=
Outside capital11-€3.4m€3.4m€3.4m€3.4m=
Share premium1100/10-€3.4m€3.4m€3.4m€3.4m=
Reserves13€192,001€192,001€192,001€192,001€192,001=
Non-distributable reserves130/1-€192,001€192,001€192,001€192,001=
Legal reserve130-€192,000€192,000€192,000€192,000=
Reserves not available under the articles1311-€1€1€1€1=
Profit (loss) carried forward14€2.2m€1.6m-€37,087-€440,790-€1.6m▼ 262%
Investment grants15----€142,500-
Amounts payable17/49€25.6m€25.4m€9.8m€13.3m€15.5m▲ 16.9%
Amounts payable within one year42/48€25.6m€25.4m€9.8m€13.2m€15.5m▲ 17.1%
Current portion of amounts payable after more than one year42-€2.0m----
Financial debts43---€2.1m€3.2m▲ 55.3%
Credit institutions430/8---€2.1m€3.2m▲ 55.3%
Trade debts44€2.5m€476,627€353,455€1.0m€502,732▼ 50.9%
Suppliers440/4-€476,627€353,455€1.0m€502,732▼ 50.9%
Advances received on contracts in progress46-€21.6m€5.7m€6.0m€8.0m▲ 33.2%
Taxes, remuneration and social security45-€27,725€7,219€365,979€22,205▼ 93.9%
Taxes450/3-€11,676€7,219€347,244€4,193▼ 98.8%
Remuneration and social security454/9-€16,050-€18,735€18,012▼ 3.9%
Other amounts payable47/48-€1.3m€3.8m€3.8m€3.8m=
Accrued charges and deferred income492/3---€45,225€29,423▼ 34.9%
Line20202021202220232024Change
Profit (loss) for the period9904-€115,944-€684,993-€1.6m-€403,703-€1.2m▼ 186%
+ Depreciation and write-downs630€51,971€3,384€2,611€992€244,444▲ 24,539%
Operating cash flow (approximation)-€63,974-€681,609-€1.6m-€402,711-€911,237▼ 126%
Investment in fixed assets (approximation)-€0-€900,485-€3.5m-€209,834▲ 94.0%
Change in cash--€1.2m€1.9m-€2.5m-€577,628▲ 76.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-11
State Gazette act Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Koen Nulens and Tom Vanham · Mandate compensation5 facts ▸
  • General meeting, 24-06-2025
  • Auditor reappointment, BDO Bedrijfsrevisoren BV (statutory auditor)
  • Mandate compensation, BDO Bedrijfsrevisoren BV
  • Permanent representative, Koen Nulens
  • Permanent representative, Tom Vanham
25-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
03-01
State Gazette act Resignation: Pieter Vandergraesen (algemeen directeur)
Appointment: Karolien Sas (algemeen directeur) · Reappointment: Karolien Sas (algemeen directeur) · Power of attorney7 facts ▸
  • Board meeting, 25-10-2022
  • Director resignation, Pieter Vandergraesen (algemeen directeur)
  • Director appointment, Karolien Sas (algemeen directeur)
  • Power of attorney, Karolien Sas
  • Director reappointment, Karolien Sas (algemeen directeur)
  • Director resignation, Pieter Vandergraesen (member of the executive committee)
  • Director appointment, Karolien Sas (member of the executive committee)
2022
31-12
Financial Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
24-11
State Gazette act Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 29-06-2022
  • Auditor appointment, BDO Bedrijfsrevisoren BV
01-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
03-06
State Gazette act Resignation: Jeroen Huysmans (algemeen directeur)
Appointment: Pieter Vandergraesen (algemeen directeur) · Power of attorney6 facts ▸
  • Board meeting, 29-03-2022
  • Director resignation, Jeroen Huysmans (algemeen directeur)
  • Director appointment, Pieter Vandergraesen (algemeen directeur)
  • Power of attorney, Pieter Vandergraesen
  • Director resignation, Jeroen Huysmans (member of the executive committee)
  • Director appointment, Pieter Vandergraesen (member of the executive committee)
10-02
State Gazette act Appointments: Van Roey Vastgoed NV, CIRIL NV and 2 others
Permanent representatives: Eddy Cox, Philip Demot and 2 others9 facts ▸
  • General meeting, 30-11-2021
  • Director appointment, Van Roey Vastgoed NV (director)
  • Director appointment, CIRIL NV (director)
  • Director appointment, LRM Beheer NV (director)
  • Director appointment, T.M.A. NV (director)
  • Permanent representative, Eddy Cox
  • Permanent representative, Philip Demot
  • Permanent representative, Koen Nulens
  • Permanent representative, Edgard Troonbeeckx
2021
04-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
27-01
State Gazette act Statutes amendment
Capital · Share structure4 facts ▸
  • General meeting, 25-01-2021
  • Statutes amendment
  • Capital, €3.922.000
  • Share structure, Het totaal van de aandelen wordt verdeeld over drie groepen: Groep A (1.000 aandelen, genummerd 1A tot en met 1.000A), Groep B (1.000 aandelen, genummerd 1.001B…
Show earlier events
2020
03-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
09-03
State Gazette act Permanent representatives: Wim Heyndrickx and Dieter Vanloock
2 facts ▸
  • Permanent representative, Wim Heyndrickx
  • Permanent representative, Dieter Vanloock
2019
02-07
State Gazette act Reappointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)
2 facts ▸
  • General meeting, 20-05-2019
  • Auditor reappointment, KPMG Bedrijfsrevisoren CVBA
15-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-10
State Gazette act Resignations: Theo Donné, Paul de Ceuster and Koen Nulens
Appointments: Koen Nulens (director) and Jeroen Huysmans (algemeen directeur) · Ratification · Power of attorney9 facts ▸
  • Board meeting, 28-08-2018
  • Director resignation, Theo Donné (director)
  • Director appointment, Koen Nulens (director)
  • Director appointment, Jeroen Huysmans (algemeen directeur)
  • Director resignation, Paul de Ceuster (member of the executive committee)
  • Director resignation, Koen Nulens (member of the executive committee)
  • Director appointment, Jeroen Huysmans (member of the executive committee)
  • Ratification, eenparigheid van stemmen, alle handelingen in zijn hoedanigheid van algemeen directeur
  • Power of attorney, Jeroen Huysmans
11-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
05-05
State Gazette act Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)
Permanent representatives: Wim Heynrickx, Eddy Cox and Philip Demot5 facts ▸
  • General meeting, 13-05-2016
  • Auditor reappointment, KPMG Bedrijfsrevisoren
  • Permanent representative, Wim Heynrickx
  • Permanent representative, Eddy Cox
  • Permanent representative, Philip Demot
2016
11-07
State Gazette act Resignations: Stijn Bijnens, Jacky Scherens and Peter Gestels
Appointments: LRM Beheer NV, DMI Vastgoed NV and 4 others · Permanent representatives: Theo Donné, Philip Demot and 2 others · Power of attorney16 facts ▸
  • General meeting, 10-12-2015
  • Director resignation, Stijn Bijnens (director)
  • Director appointment, LRM Beheer NV (director)
  • Permanent representative, Theo Donné
  • Director appointment, DMI Vastgoed NV (director)
  • Permanent representative, Philip Demot
  • Power of attorney, Democo Group NV
  • Director appointment, Van Roey Vastgoed NV (director)
  • Permanent representative, Eddy Cox
  • Director appointment, TMA NV (director)
  • Permanent representative, Edgard Troonbeeckx
  • Board meeting, 22-03-2016
  • +4 further facts in this act
24-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
10-09
State Gazette act Appointments: Koen Nulens (algemeen directeur) and Paul De Ceuster (member of the executive committee)
Resignation: Theo Donné (member of the executive committee) · Permanent representative: Philip Demot · Power of attorney9 facts ▸
  • Board meeting, 29-01-2013
  • Board meeting, 25-03-2014
  • Board meeting, 24-02-2015
  • Director appointment, Koen Nulens (algemeen directeur)
  • Power of attorney, Koen Nulens
  • Registered-office move, Kempische Steenweg 311 bus 4.01, 3500 Hasselt
  • Director resignation, Theo Donné (member of the executive committee)
  • Director appointment, Paul De Ceuster (member of the executive committee)
  • Permanent representative, Philip Demot
2014
29-08
State Gazette act Appointment: KPMG & Partners BVBA (statutory auditor)
Permanent representative: Wim Heyndrickx · Mandate term5 facts ▸
  • General meeting, 31-05-2013
  • Auditor appointment, KPMG & Partners BVBA (statutory auditor)
  • Permanent representative, Wim Heyndrickx
  • General meeting, 09-05-2014
  • Mandate term, 3 jaar
2011
07-11
State Gazette act Appointments: Gwen Vreven, Stijn Bijnens and VAN HAEVERMAET GROENWEGHE BEDRIJFSREVISOREN
Resignations: Theo Helven (member of the executive committee) and R2I (director) · Permanent representative: Johan De Coster8 facts ▸
  • Board meeting, 18-03-2011
  • Director appointment, Gwen Vreven (member of the executive committee)
  • Director resignation, Theo Helven (member of the executive committee)
  • General meeting, 13-05-2011
  • Director resignation, R2I (director)
  • Director appointment, Stijn Bijnens (director)
  • Auditor appointment, VAN HAEVERMAET GROENWEGHE BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Johan De Coster
2010
17-06
State Gazette act Appointment: Van Havermaet Groenweghe (statutory auditor)
Permanent representatives: Stijn Bijnens and Philip Demot4 facts ▸
  • General meeting, 25-05-2010
  • Auditor appointment, Van Havermaet Groenweghe (statutory auditor)
  • Permanent representative, Stijn Bijnens
  • Permanent representative, Philip Demot
31-05
State Gazette act Appointments: R21 NV, Peter Gestels and 5 others
Permanent representative: Stijn Bijnens · Power of attorney · Delegation12 facts ▸
  • Board meeting, 22-02-2010
  • Director appointment, R21 NV (chair of the board)
  • Permanent representative, Stijn Bijnens
  • Director appointment, Peter Gestels (member of the executive committee)
  • Director appointment, Kris Peeraer (member of the executive committee)
  • Director appointment, Jacky Scherens (member of the executive committee)
  • Director appointment, Theo Helven (member of the executive committee)
  • Director appointment, Theo Donié (member of the executive committee)
  • Director appointment, Koen Nulens (member of the executive committee)
  • Power of attorney, Theo Donié
  • Delegation, collegiaal dagelijks bestuur en management aan het Directiecomité (DC); operationele implementatie van strategische doelstellingen; samenwerkingsovereenkomsten…
  • Delegation, vertegenwoordigingsbevoegdheid aan minimum 2 leden van het DC uit verschillende aandeelhoudersgroepen (artikel 17 statuten); maatschappelijke handtekening; best…
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 16 acts read

Directors · office · real estate

Directors
4 directors, 1 in day-to-day management, no change since 2022

Board 4

LRM BEHEER NV
Director · since 10-12-2015 · Legal entity · perm. rep.: Koen Nulens
Current
Van Roey Vastgoed nv
Director · since 10-12-2015 · Legal entity · perm. rep.: Eddy Cox
Current
Ciril NV
Director · since 30-11-2021 · Legal entity · perm. rep.: Philip Demot
Current
T.M.A. NV
Director · since 30-11-2021 · Legal entity · perm. rep.: Edgard Troonbeeckx
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
R21 NV
Chair of the board · since 22-02-2010 · Legal entity · perm. rep.: Stijn Bijnens
Not recently confirmed
DMI Vastgoed NV
Director · since 10-12-2015 · Legal entity
Not recently confirmed
TMA NV
Director · since 10-12-2015 · Legal entity · perm. rep.: Edgard Troonbeeckx
Not recently confirmed

Day-to-day management 1

Karolien Sas
Member of the executive committee · since 01-11-2022
Current
5 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Kris Peeraer
Member of the executive committee · since 22-02-2010
Not recently confirmed
Theo Donié
Member of the executive committee · since 22-02-2010
Not recently confirmed
Gwen Vreven
Member of the executive committee · since 18-03-2011
Not recently confirmed
Bert Grugeon
Member of the executive committee · since 10-12-2015
Not recently confirmed
Pieter Vanhout
Member of the executive committee · since 10-12-2015
Not recently confirmed

Permanent representatives 4

Eddy Cox
Permanent representative · since 10-12-2015 · for Van Roey Vastgoed nv
Current
Koen Nulens
Permanent representative · since 10-12-2015 · for LRM BEHEER NV
Current
Edgard Troonbeeckx
Permanent representative · since 30-11-2021 · for T.M.A. NV
Current
Philip Demot
Permanent representative · since 30-11-2021 · for Ciril NV
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Stijn Bijnens
Permanent representative · since 22-02-2010 · for R21 NV
Not recently confirmed

Statutory auditor 1

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Statutory auditor · since 01-01-2021
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
4,919 m²
Building footprint
3,835 m²
Volume, LiDAR
64,300 m³
2 parcels, Flanders · tallest building 31.0 m, ±6 floors. Linked by address, not a title deed.
53 companies at this address See who is registered here
1 establishment unit
be-MINE
Kempische steenweg 331, 3500 HasseltReal estate development
since 20092.240.171.052
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0540/00D003 Flanders 4,205 m² 1 · 3,726 m² 31.0 m · 6 fl.
71322A0537/00N003 Flanders 714 m² 1 · 109 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

28 people since 2010, 14 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
LRM BEHEER NV
  • Director, from 10-12-2015 to date
Van Roey Vastgoed nv
  • Director, from 10-12-2015 to date
Ciril NV
  • Director, from 30-11-2021 to date
T.M.A. NV
  • Director, from 30-11-2021 to date
Karolien Sas
  • Algemeen directeur, from 01-11-2022 to date
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Statutory auditor, from 01-01-2021 to date
R21 NV
  • Chair of the board, from 22-02-2010 not ended, last confirmed 31-05-2010
DMI Vastgoed NV
  • Director, from 10-12-2015 not ended, last confirmed 11-07-2016
TMA NV
  • Director, from 10-12-2015 not ended, last confirmed 11-07-2016
Kris Peeraer
  • Member of the executive committee, from 22-02-2010 not ended, last confirmed 31-05-2010
Theo Donié
  • Member of the executive committee, from 22-02-2010 not ended, last confirmed 31-05-2010
Gwen Vreven
  • Member of the executive committee, from 18-03-2011 not ended, last confirmed 07-11-2011
Bert Grugeon
  • Member of the executive committee, from 10-12-2015 not ended, last confirmed 11-07-2016
Pieter Vanhout
  • Member of the executive committee, from 10-12-2015 not ended, last confirmed 11-07-2016
Pieter Vandergraesen
  • Algemeen directeur, from 01-04-2022 to 15-08-2022
  • Member of the executive committee, until 21-12-2022
Jeroen Huysmans
  • Algemeen directeur, from 01-07-2018 to 07-01-2022
  • Member of the executive committee, until 24-05-2022
KPMG Réviseurs d'Entreprises
  • Auditor, from 13-05-2016 to 01-01-2021
Koen Nulens
  • Member of the executive committee, from 22-02-2010 to 19-10-2018
  • Director, from 28-08-2018 ended, last mentioned 30-10-2018
Paul DE CEUSTER
  • Member of the executive committee, from 03-09-2015 to 19-10-2018
Theo DONNE
  • Member of the executive committee, until 03-09-2015
  • Director, until 28-08-2018
KPMG & Partners BVBA
  • Statutory auditor, from 31-05-2013 to 13-05-2016
Jacky Scherens
  • Member of the executive committee, from 22-02-2010 to 10-12-2015
Peter Gestels
  • Member of the executive committee, from 22-02-2010 to 10-12-2015
Stijn BIJNENS
  • Director, from 13-05-2011 to 10-12-2015
VAN HAEVERMAET GROENWEGHE BEDRIJFSREVISOREN
  • Statutory auditor, from 25-05-2010 to 31-05-2013
VAN HAVERMAET
  • Statutory auditor, from 25-05-2010 to 31-05-2013
R2I
  • Director, until 13-05-2011
Theo Helven
  • Member of the executive committee, from 22-02-2010 to 18-03-2011
See the board, name and seat on a given date →

Articles of association

Purpose
I. Specifieke activiteiten: Binnen de grenzen van het te ontwikkelen Projectgebied gelegen in en rond de bestaande cultuurhistorische en geklasseerde mijngebouwen te Beringen: de…
Full purpose

I. Specifieke activiteiten: Binnen de grenzen van het te ontwikkelen Projectgebied gelegen in en rond de bestaande cultuurhistorische en geklasseerde mijngebouwen te Beringen: de gefaseerde ontwikkeling, herbestemming, bouw, financiering, commercialisering en uitbating van een commercieel-residentieel gebied, aanleg van het openbaar domein en integratie van een bezoekerstraject van het provinciaal mijnmuseum, een VVV-kantoor en andere functies. II. Algemene activiteiten: A/ De activiteiten van de projectontwikkelaar... B/ De activiteiten van projectvoorbereiding... C/ De activiteiten van projectbegeleiding... III. Beheer van een eigen roerend en onroerend vermogen... IV. Bijzondere bepalingen...

Structure & network

Owners and holdings

3 owners · 2 holdings

Owners 3

Holdings 2

According to the 2024 annual accounts of be-MINE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

16 connected companies
Linked via shared directors
BUILDWISE
Shared director
→
Corda Campus
Shared director
→
→
→
Show 12 more companies with a shared director
Greenville
Shared director
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H.W.P.
Shared director
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ID en D
Shared director
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LRM Beheer
Shared director
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MIJNEN
Shared director
→
nexuzhealth
Shared director
→
PROXIMUS
Shared director
→
Proximus Global
Shared director
→
Proximus Real Estate
Shared director
→
PUNCH POWERTRAIN
Shared director
→
R2I
Shared director
→
VKW LIMBURG
Shared director
→

Capital and shareholders

Capital over the years
  1. 27-01-2021 Capital stated in the act · 3,922,000 EUR · 3,922 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 2,931,407 EUR awarded · 1,761,407 EUR paid
Year Entries awardedpaid
2025 2 20,000 EUR299,117 EUR
2024 2 0 EUR1,114,868 EUR
2023 3 2,300,000 EUR327,422 EUR
2022 2 611,407 EUR20,000 EUR
Schemes
2 entries · 2,000,000 EUR · 1,000,000 EUR paid · Onroerend Erfgoed
4 entries · 591,407 EUR · 591,407 EUR paid · Toerisme Vlaanderen
1 entry · 300,000 EUR · 150,000 EUR paid · Onroerend Erfgoed
2 entries · 40,000 EUR · 20,000 EUR paid · Onroerend Erfgoed

Similar companies · same sector, comparable size

Of 1,294 companies in sector 68122 we hold annual accounts for 904. 350 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded10-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0821540807
Also 9925:BE0821540807
Registered 08-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.