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be-MINE

Active
Public limited companyfounded 2009active for 16 yearsKempische steenweg 311, 3500 Hasselt, Belgium52 active companies are registered at this addressKBO/BCE: BE 0821.540.807

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

be-MINE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of -€845,593. Equity has been shrinking by about 9.8% per year since 2018. Its solvency ranks better than 32% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
be-MINEActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 10-12-2009 Normal situation
Legal form
Public limited company
Registered office
Kempische steenweg 311, 3500 Hasselt
Activity
Development of non-residential building projects NACE 68122and 1 other
Establishment unit
2.240.171.052 3500 Hasselt, since 10-12-2009
Financial year end
31 December
Peppol
Reachable since 08-07-2025
Company details

Board and ownership

Board
  • Ciril NVDirector · since 30-11-2021 · permanent representative Philip Demot
  • LRM BEHEER NVDirector · since 30-11-2021 · permanent representative Koen Nulens
  • T.M.A. NVDirector · since 30-11-2021 · permanent representative Edgard Troonbeeckx
  • TMA NVDirector · since 30-11-2021 · permanent representative Edgard Troonbeeckx
  • Van Roey Vastgoed nvDirector · since 30-11-2021 · permanent representative Eddy Cox
Auditor
BDO Bedrijfsrevisoren bv
Shareholders
and 1 other shareholder
Holdings
Shares in 2 companies be-MINE Mijnbelevingscentrum and HOUTPARK
Board & ownership

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€950,376
▲ 679%
Operating revenue
€3.7m
▲ 53.0%
Loss
€845,593
▼ 26.8%
Equity
€5.2m
▼ 14.1%
Total assets
€26.4m
▲ 22.1%
Staff
1.3 FTE
▼ 23.5%
2025 accounts filed 32 days before the deadline
Filed on 29-06-2026at the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.04, cash €906,747Loss of €845,593, the second in a row (financial year 2025)lowers riskSize: turnover €950,376, 1.3 FTE, total assets €26.4mFigures for financial year 2025 (filed on 29-06-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in real estate (NACE 68)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 45-8
equity 19.7% of total assets
Liquidity 20+8
short-term debt 64.9% · cash 3.4%
Profitability 10+2
return on assets -3.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04 (0.9 in 2024), below the usual 1.5. Short-term debt is 64.9% and cash 3.4% of total assets. 80.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 40% of them on solvency, 16% on liquidity, 13% on profitability and 62% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.04, cash €906,747
NBB · annual accounts
lowers risk · Size: turnover €950,376, 1.3 FTE, total assets €26.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €845,593, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€845,593
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
36 days early
2023
42 days early
2022
28 days early
2021
30 days early
2020
57 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€845,593 View
  • Positive: Turnover rose in 2025from €122,061 to €950,376 ▲ 679% View
  • Caution: Lower net result than 95% of companies in real estatesector median €20,550 · 5,796 companies -€845,593 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €2.9m View

Documents

Annual accounts at the NBB

All 16 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about be-MINE

What is the company number of be-MINE?
The company number of be-MINE is 0821.540.807. The VAT number is the same number with BE in front: BE 0821.540.807.
Where is be-MINE based?
The registered office is at Kempische steenweg 311, 3500 Hasselt.Company details
What does be-MINE do?
According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of be-MINE?
The legal form of be-MINE is Public limited company (NV).
When was be-MINE founded?
be-MINE was founded on 10-12-2009.
Is be-MINE still active?
Yes, be-MINE is an active enterprise in the KBO register.
How many employees does be-MINE have?
be-MINE had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of be-MINE?
The turnover of be-MINE was €950,376 in financial year 2025, according to the filed annual accounts.
Is be-MINE profitable?
In financial year 2025, be-MINE made a loss of €845,593.
Where can I find the annual accounts of be-MINE?
be-MINE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of be-MINE due?
be-MINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to be-MINE

Comparable companies

These companies have the same main activity as be-MINE: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €10m and €33m, founded between 1989 and 2016.

CompanyTotal assetsTurnover
be-MINE Hasselt€26.4m€1.0m
DRONEPORT Sint-Truiden€25.7m€1.2m
J.M.A. GROUP Izegem€33.2m€1.2m
ELAWAN ENERGY WALLONIE Namur€16.3m€0.7m
ABELIM Kontich€30.4m€0.9m
T. PALM MANAGEMENT Theux€13.0m€0.9m
HOUYOUX ETUDES, PROMOTIONS, INVESTISSEMENTS Marche-en-Famenne€10.4m€1.1m
Full comparison

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