MINA
ActiveSummary
The computed 12-month bankruptcy probability of MINA is 5.2% (elevated). For MINA, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€11,378) and a net result of €8,868. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 26040 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability94▼-6
Solvency0=
Growth78=
Track record92
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-25.6%
Return on assets
19.9%
Age of the figures
27 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 239 days later.
NBB · 4 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 08-10-2025, 250 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
250 d late
2023
488 d late
2022
842 d late
2021
1204 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 696 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2024, micro schema
Equity
-€11,378▲ 43.8%
2023 · -€20,246
Total assets
€44,530▲ 9.8%
2023 · €40,566
Net result
€8,868▼ 32.2%
2023 · €13,075
Working capital
-€14,039▲ 31.2%
2023 · -€20,405
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line2021202220232024
Operating result-€31,517--€10,092▲ 68.0%€13,673€11,160▼ 18.4%
Net result-€31,517below the sector's middle half--€10,804below the sector's middle half▲ 65.7%€13,075within the sector's middle half€8,868within the sector's middle half▼ 32.2%
Equity-€31,517below the sector's middle half--€33,321below the sector's middle half▼ 5.7%-€20,246below the sector's middle half▲ 39.2%-€11,378below the sector's middle half▲ 43.8%
Total assets€174,189within the sector's middle half-€63,687within the sector's middle half▼ 63.4%€40,566below the sector's middle half▼ 36.3%€44,530below the sector's middle half▲ 9.8%
Debt€205,706-€97,007▼ 52.8%€60,812▼ 37.3%€55,908▼ 8.1%
Working capital-€31,517--€33,261▼ 5.5%-€20,405▲ 38.7%-€14,039▲ 31.2%
Solvency-18.1%below the sector's middle half--52.3%below the sector's middle half▼ 34.2pp-49.9%below the sector's middle half▲ 2.4pp-25.6%below the sector's middle half▲ 24.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44,530
Fixed assets
€2,661 ▼ 54.6%
Current assets
€41,869 ▲ 20.7%
Key figures and ratios
EBITDA
€14,367▼
2023 · €16,880
Cash flow
€12,075▼
2023 · €16,282
Current ratio
0.75▲
2023 · 0.63
Quick ratio
0.52▲
2023 · 0.50
Debt to equity
-4.91▼
2023 · -3.00
ROA
19.9%▼
2023 · 32.2%
Interest coverage
9.53▼
2023 · 28.22
Debt ≤ 1 year
€55,908▲
2023 · €55,104
Income taxes
€785
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €6,961 | €3,207 | €3,207 | = |
| Other operating charges640/8 | €464 | €986 | €517 | €1,509 | ▲ 192% |
| Gross operating margin9900 | -€31,054 | -€2,144 | €17,398 | €15,876 | ▼ 8.7% |
| Operating profit (loss)9901 | -€31,517 | -€10,092 | €13,673 | €11,160 | ▼ 18.4% |
| Financial charges65/66B | - | €712 | €598 | €1,507 | ▲ 152% |
| Recurring financial charges65 | - | €712 | €598 | €1,507 | ▲ 152% |
| Profit (loss) for the period before taxes9903 | -€31,517 | -€10,804 | €13,075 | €9,653 | ▼ 26.2% |
| Income taxes67/77 | - | - | - | €785 | - |
| Profit (loss) for the period9904 | -€31,517 | -€10,804 | €13,075 | €8,868 | ▼ 32.2% |
| Profit (loss) for the period to be appropriated9905 | -€31,517 | -€10,804 | €13,075 | €8,868 | ▼ 32.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €174,189 | €63,687 | €40,566 | €44,530 | ▲ 9.8% |
| Fixed assets21/28 | - | €9,074 | €5,867 | €2,661 | ▼ 54.6% |
| Tangible fixed assets22/27 | - | €9,074 | €5,867 | €2,661 | ▼ 54.6% |
| Furniture and vehicles24 | - | €9,074 | €5,867 | €2,661 | ▼ 54.6% |
| Current assets29/58 | €174,189 | €54,612 | €34,699 | €41,869 | ▲ 20.7% |
| Stocks and contracts in progress3 | - | €8,350 | €7,350 | €12,550 | ▲ 70.7% |
| Stocks30/36 | - | €8,350 | €7,350 | €12,550 | ▲ 70.7% |
| Amounts receivable within one year40/41 | €174,189 | €12,367 | €16,240 | €15,667 | ▼ 3.5% |
| Trade receivables40 | €168,049 | - | €11,816 | €12,300 | ▲ 4.1% |
| Other amounts receivable41 | €6,140 | €12,367 | €4,424 | €3,367 | ▼ 23.9% |
| Cash at bank and in hand54/58 | - | €33,895 | €11,109 | €13,652 | ▲ 22.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €174,189 | €63,687 | €40,566 | €44,530 | ▲ 9.8% |
| Equity10/15 | -€31,517 | -€33,321 | -€20,246 | -€11,378 | ▲ 43.8% |
| Contributions10/11 | - | €9,000 | €9,000 | €9,000 | = |
| Capital10 | - | €9,000 | €9,000 | €9,000 | = |
| Issued capital100 | - | €9,000 | €9,000 | €9,000 | = |
| Profit (loss) carried forward14 | -€31,517 | -€42,321 | -€29,246 | -€20,378 | ▲ 30.3% |
| Amounts payable17/49 | €205,706 | €97,007 | €60,812 | €55,908 | ▼ 8.1% |
| Amounts payable after more than one year17 | - | €9,134 | €5,708 | - | - |
| Financial debts170/4 | - | €9,134 | €5,708 | - | - |
| Amounts payable within one year42/48 | €205,706 | €87,874 | €55,104 | €55,908 | ▲ 1.5% |
| Current portion of amounts payable after more than one year42 | - | €3,145 | €2,504 | €5,708 | ▲ 128% |
| Trade debts44 | €199,624 | €2,781 | - | €168 | - |
| Suppliers440/4 | €199,624 | €2,781 | - | €168 | - |
| Taxes, remuneration and social security45 | €6,082 | €131 | - | €139 | - |
| Taxes450/3 | €6,082 | €131 | - | €139 | - |
| Other amounts payable47/48 | - | €81,816 | €52,599 | €49,893 | ▼ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,517 | -€10,804 | €13,075 | €8,868 | ▼ 32.2% |
| + Depreciation and write-downs630 | - | €6,961 | €3,207 | €3,207 | = |
| Operating cash flow (approximation) | -€31,517 | -€3,842 | €16,282 | €12,075 | ▼ 25.8% |
| Investment in fixed assets (approximation) | - | - | €0 | -€1 | - |
| Change in cash | - | - | -€22,786 | €2,543 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-10
KBO administration
Strikeout withdrawn
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 250 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 488 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 842 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1204 days late
2023
30-06
Financial
Back to profitnet €13,075
Net result €13,075 after 2 loss-making years.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2019
Ground area
213 m²
Building footprint
158 m²
Volume, LiDAR
2,128 m³
Parcel 21816C0120/00Y008, Brussels · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MINA
since 20192.314.966.465
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0120/00Y008indicative | Brussels | 213 m² | 1 · 158 m² | 15.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
0 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 siteBrussel2.314.966.465
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2019
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739767134
Also
9925:BE0739767134
Registered
27-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.