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MINA TRANS

Active
Private limited company (pre-2019)founded 201610 yrs activeGeneraal Biebuyckstraat 34, 1120 Brussel, BelgiumKBO/BCE: BE 0650.654.521
Summary

The computed 12-month bankruptcy probability of MINA TRANS is 5.6% (elevated). For MINA TRANS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €8,445 and a net result of -€4,141. Equity is shrinking by ~34.2% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency100▲+17
Growth32=
Track record100
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
100%
Return on assets
-49%
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-07-2023, 20 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
20 d early
2021
57 d late
2020
31 d early
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 22 March 2016, MINA TRANS was incorporated.1 Total assets went from EUR 90,344 in 2018 to EUR 8,445 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Turnover
€132,767
EBIT margin
9.2%
Net result
-€4,141▲ 35.6%
2021 · -€6,432
Working capital
€3,356▼ 64.7%
2020 · €9,497
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Turnover€132,767-
Operating result€12,216--€16,005-€9,475▲ 40.8%-€5,856▲ 38.2%-€3,925▲ 33.0%
Net result€7,293--€17,191-€9,935▲ 42.2%-€6,432▲ 35.3%-€4,141▲ 35.6%
EBIT margin9.2%-
Equity€46,144-€28,953▼ 37.3%€19,018▼ 34.3%€12,586▼ 33.8%€8,445▼ 32.9%
Total assets€90,344-€48,058▼ 46.8%€55,982▲ 16.5%€21,586▼ 61.4%€8,445▼ 60.9%
Debt€44,200-€19,106▼ 56.8%€36,964▲ 93.5%€9,000▼ 75.7%
Working capital-€64-€11,823€9,497▼ 19.7%€3,356▼ 64.7%
Staff (FTE)0.1-0.3▲ 200%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2018: €12,216€12,216Net result 2018: €7,293€7,293Operating result 2019: -€16,005-€16,005Net result 2019: -€17,191-€17,191Operating result 2020: -€9,475-€9,475Net result 2020: -€9,935-€9,935Operating result 2021: -€5,856-€5,856Net result 2021: -€6,432-€6,432Operating result 2022: -€3,925-€3,925Net result 2022: -€4,141-€4,14120182019202020212022-€10,000-€7,500-€5,000-€2,500€0Operating result 2020: -€9,475Net result 2020: -€9,935-€9,930Operating result 2021: -€5,856-€5,860Net result 2021: -€6,432-€6,430Operating result 2022: -€3,925-€3,920Net result 2022: -€4,141-€4,140202020212022
The operating result stays negative: a loss of €3,925 in 2022 against €5,856 in 2021; the loss shrinks.
Key figures and ratios
2022 value · change against 2021
Solvency
100.0%▲
2021 · 58.3%
ROE
-49.0%▲
2021 · -51.1%
ROA
-49.0%▼
2021 · -29.8%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 29 lines
Balance sheet Code20212022
Assets
Total assets20/58€21,586€8,445▼
Fixed assets21/28€9,230-
Financial fixed assets28€9,230-
Current assets29/58€12,356€8,445▼
Amounts receivable within one year40/41€12,308€8,442▼
Trade receivables40€1,369€1,100▼
Other amounts receivable41€10,939€7,342▼
Cash at bank and in hand54/58€48€3▼
Equity and liabilities
Total equity and liabilities10/49€21,586€8,445▼
Equity10/15€12,586€8,445▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€7,874-€12,015▼
Amounts payable17/49€9,000-
Amounts payable within one year42/48€9,000-
Other amounts payable47/48€9,000-
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290-
Other operating charges640/8€6,151€353▼
Gross operating margin9900€586-€3,571▼
Operating profit (loss)9901-€5,856-€3,925▲
Financial charges65/66B€576€216▼
Recurring financial charges65€576€216▼
Profit (loss) for the period before taxes9903-€6,432-€4,141▲
Profit (loss) for the period9904-€6,432-€4,141▲
Profit (loss) for the period to be appropriated9905-€6,432-€4,141▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,874-€12,015▼
Profit (loss) brought forward from the previous period14P-€1,442-€7,874▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Turnover70€132,767-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,689€4,665€290€290--
Other operating charges640/8---€6,151€353▼ 94.3%
Gross operating margin9900€33,453€26,733-€7,248€586-€3,571▼ 710%
Operating profit (loss)9901€12,216-€16,005-€9,475-€5,856-€3,925▲ 33.0%
Recurring financial income75€1-€228---
Financial charges65/66B---€576€216▼ 62.4%
Recurring financial charges65€2,947€1,186€474€576€216▼ 62.4%
Profit (loss) for the period before taxes9903€9,269-€17,191-€9,721-€6,432-€4,141▲ 35.6%
Income taxes67/77€1,977-€214---
Profit (loss) for the period9904€7,293-€17,191-€9,935-€6,432-€4,141▲ 35.6%
Profit (loss) for the period to be appropriated9905€7,293-€17,191-€9,935-€6,432-€4,141▲ 35.6%
Line20182019202020212022Change
Assets
Total assets20/58€90,344€48,058€55,982€21,586€8,445▼ 60.9%
Fixed assets21/28€46,885€17,131€9,520€9,230--
Tangible fixed assets22/27€36,655€6,901€290---
Financial fixed assets28€10,230€10,230€9,230€9,230--
Current assets29/58€43,459€30,927€46,462€12,356€8,445▼ 31.7%
Amounts receivable within one year40/41€24,210€26,200€6,096€12,308€8,442▼ 31.4%
Trade receivables40---€1,369€1,100▼ 19.6%
Other amounts receivable41---€10,939€7,342▼ 32.9%
Cash at bank and in hand54/58€18,657€4,335€40,366€48€3▼ 93.8%
Equity and liabilities
Total equity and liabilities10/49€90,344€48,058€55,982€21,586€8,445▼ 60.9%
Equity10/15€46,144€28,953€19,018€12,586€8,445▼ 32.9%
Contributions10/11€18,600€18,600-€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Profit (loss) carried forward14€25,684€8,493-€1,442-€7,874-€12,015▼ 52.6%
Amounts payable17/49€44,200€19,106€36,964€9,000--
Amounts payable after more than one year17€677-----
Amounts payable within one year42/48€43,523€19,105€36,964€9,000--
Trade debts44€9,147€6,474€96---
Other amounts payable47/48---€9,000--
Line20182019202020212022Change
Profit (loss) for the period9904€7,293-€17,191-€9,935-€6,432-€4,141▲ 35.6%
+ Depreciation and write-downs630€16,689€4,665€290€290--
Operating cash flow (approximation)€23,981-€12,526-€9,645-€6,141-€4,141▲ 32.6%
Investment in fixed assets (approximation)-€25,089€7,320€0--
Change in cash--€14,322€36,031-€40,317-€45▲ 99.9%

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

2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial Weakest financial yearnet -€17,191
Net result drops to -€17,191, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
506 m²
Building footprint
387 m²
Volume, LiDAR
4,745 m³
Parcel 21819D0141/00R004, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Generaal Biebuyckstraat 34, 1120 Brussel
Freight transport by road
since 20162.251.947.842
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0141/00R004 Brussels 506 m² 1 · 387 m² 18.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded22-03-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

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