MINA
ActiveThe computed 12-month bankruptcy probability of MINA is 1.8% (moderate). The 2025 annual accounts show equity of €28k and a net result of €19k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 69% of 13071 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+60
Solvency87▲+12
Growth72▲+17
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.01 in 2024), and 47.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.7%
Return on assets
36%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
56 d late
2023
103 d early
2022
75 d early
2021
87 d early
2020
81 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€164k▲ 8.2%
2023 · €152k
2018: €102k
2019: €109k
2020: €61k
2021: €97k
2022: €110k
2023: €152k
2018 → 2024
EBIT margin
3.0%▲ 1.5pp
2023 · 1.5%
2018: 5.1%
2019: 10.4%
2020: 9.7%
2021: 6.4%
2022: -11.4%
2023: 1.5%
2018 → 2024
Net result
€19k▲ 691%
2024 · €2k
2018: €3k
2019: €9k
2020: €5k
2021: €5k
2022: €-14k
2023: €56
2024: €2k
2018 → 2025
Working capital
€14k▲ 8,535%
2024 · €168
2018: €6k
2019: €17k
2020: €24k
2021: €30k
2022: €15k
2023: €11k
2024: €168
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€97k-€110k▲ 13.3%€152k▲ 38.2%€164k▲ 8.2%
Equity€34k-€20k▼ 41.4%€15k▼ 24.7%€18k▲ 16.0%€28k▲ 59.4%
Operating result€6k-€-12k€2k€5k▲ 113%€21k▲ 338%
Net result€5k-€-14k€56€2k▲ 4,197%€19k▲ 691%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 338% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€13k▼ 24.4%
Current assets
€40k▲ 170%
Equity and liabilities €53k
Equity
€28k▲ 59.4%
Debt
€25k▲ 68.4%
The debt ratio rises from 45.9% to 47.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€26k▲
2024 · €6k
Cash flow
€23k▲
2024 · €4k
Solvency
52.7%▼
2024 · 54.1%
Current ratio
1.58▲
2024 · 1.01
Quick ratio
1.53▲
2024 · 0.92
Debt / equity
0.90▲
2024 · 0.85
ROE
68.4%▲
2024 · 13.8%
ROA
36.0%▲
2024 · 7.5%
Interest coverage
9.81▲
2024 · 2.58
Debt
€25k▲
2024 · €15k
Debt ≤ 1 year
€25k▲
2024 · €14k
Staff costs
€30k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€32k€53k▲
Fixed assets21/28€18k€13k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€18k€13k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€15k€12k▼
Financial fixed assets28€75€75=
Current assets29/58€15k€40k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€10k€33k▲
Trade receivables40€0€23k▲
Other amounts receivable41€10k€9k▼
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€32k€53k▲
Equity10/15€18k€28k▲
Contributions10/11€7k€7k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€9k€19k▲
Amounts payable17/49€15k€25k▲
Amounts payable within one year42/48€14k€25k▲
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€0€3k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€3k€3k=
Accrued charges and deferred income492/3€428-
Income statement
Code20242025
Turnover70€164k-
Goods, raw materials, services and sundry goods60/61€130k-
Remuneration, social security and pensions62€25k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€34k€58k▲
Operating profit (loss)9901€5k€21k▲
Financial income75/76B-€494
Recurring financial income75-€494
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€2k€19k▲
Profit (loss) for the period9904€2k€19k▲
Profit (loss) for the period to be appropriated9905€2k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€19k▲
Profit (loss) brought forward from the previous period14P€7k€357▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €19k ▲691%
Operating result €21k, net result €19k, both a record.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €56
Net result €56 after one loss-making year.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k ▼396%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.74
Current ratio from 2.01 to 4.74; short-term debt falls from €6k to €5k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duindoorngalerij 11200 Sint-Lambrechts-WoluweGround area
1,136 m²
Building footprint
212 m²
Volume, LiDAR
3,918 m³
Parcel 21018B0083/00N003, Brussels · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PITTAGORE
since 19942.068.739.685
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0083/00N003 | Brussels | 1,136 m² | 1 · 212 m² | 23.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.068.739.685
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Of 21,621 companies in sector 56112 we hold annual accounts for 9,654. 8,233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-1994
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.