Losses
-€11.4m in six years
Every financial year from 2020 to 2025 closed with a loss. 2024 was the heaviest.
GROUP MINERVA
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1990peak €86.4m (2018)
-€1.4m▼ €59,180
lowest -€3.1m (2024)
-€2.5m▲ €622,718
peak €169.4m (2022)
€163.3m▼ 1.5%
€29.1m▲ 6.5%
peak 1.9 FTE (2016)
0 FTE
Board5 names since 2010
4 directorsCharlotte Cavens and 3 others
Owners2 names in the annual accounts
consolidatesTOXON
Documentsfilings and deeds
30-10-202691 days late
2025financial year
Loss of €2.5m3 directors reappointed 09-07Cash from €193,631 to €34,819
Key points
from the 2025 annual accountsLiquidity
7.00 was 2.73 in 2024
Short-term debts fell from €21.7m to €8.4m.
Filings
34 annual accounts 35 filings, 91 days
Latest accounts filed late: after the legal deadline.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: Filed more than 90 days late
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
91 days late
2024
70 days late
2023
125 days late
2022
66 days late
2021
102 days late
2020
91 days late
2019
109 days late
← 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 93 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 30 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- TOXON 100%score 66equity €4.5m (2025) · 2025 annual accounts of TOXON
- ATTIS 99.99%deed of 13-06-2018
- Toxon NV consolidatesannual accounts 2025
Shares in 6 companies, including Attis and Cep Invest Sinaia SRL
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436440216
3 directors reappointed
Jeff Cavens, Charlotte Cavens and BV Kristine Van Hool · Permanent representative: Kristine Van Hool · General meeting of 30-06-2025 · Gazette deed
Merger: GROUP MINERVA takes over GROUP DC
Capital increase of €185,920.14 · 941 new shares · Resignations: CAVENS Dirk, KRISTINE VAN HOOL, CAVENS Jeff and CAVENS Charlotte · General meeting of 28-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROUP MINERVA Uccle | €192.4m | -€1.4m | 84.9% | 0 |
| DTHF Lasne | €181.0m | -€0.1m | 79.2% | 0 |
| BARNFIN Woluwe-Saint-Lambert | €203.9m | -€0.04m | 87.7% | 0 |
| TRADIDEC Merelbeke-Melle | €155.3m | -€0.2m | 99.4% | 0.5 |
| BELFIMA INVEST Merelbeke-Melle | €138.5m | -€1.2m | 94.5% | 0.5 |
| European Estate Management Antwerp | €92.9m | -€0.9m | 98.7% | 0 |
| RAINYVE Woluwe-Saint-Pierre | €121.0m | -€0.08m | 82.6% | 1.1 |
These companies have the same main activity as GROUP MINERVA: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €93m and €204m, founded between 1970 and 1999.
Official details
Source: KBO- Status
- Active since 20-01-1989Normal situation
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Establishment unit
- 2.041.924.8281180 Uccle, since 05-09-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Companies linked to GROUP MINERVA
Subsidiaries and holdings
- TRIPLE LIVING HOLDING50%
- WETINVEST II33.34%
Insights on GROUP MINERVA
GROUP MINERVA has existed since 1989. In 2018 the gross margin rose from €510,915 to €86.4m.
TOXON holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROUP MINERVA
- What is the company number of GROUP MINERVA?
- The company number of GROUP MINERVA is 0436.440.216. The VAT number is the same number with BE in front: BE 0436.440.216.
- Where is GROUP MINERVA based?
- The registered office is at Léo Erreralaan 59, 1180 Uccle.Company details
- What does GROUP MINERVA do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of GROUP MINERVA?
- GROUP MINERVA is a public limited company (NV).
- When was GROUP MINERVA founded?
- GROUP MINERVA was founded on 20-01-1989.
- Is GROUP MINERVA still active?
- Yes, GROUP MINERVA is an active enterprise in the KBO register.
- What is the turnover of GROUP MINERVA?
- The annual accounts for financial year 2025 state no turnover. In financial year 2022 turnover was €2.5m.Financials
- Is GROUP MINERVA profitable?
- In financial year 2025, GROUP MINERVA made a loss of €2.5m.
- Where can I find the annual accounts of GROUP MINERVA?
- GROUP MINERVA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUP MINERVA due?
- GROUP MINERVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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