MINAD'S
InactiveMINAD'S was declared bankrupt on 06-06-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 10-09-2024, published in the Belgian State Gazette on 26-09-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 16-10-2020, 77 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-49k▲ 24.4%
2018 · €-65k
2018: €-65k
2018 → 2019
Working capital
€-79k
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-130k-€-579k▼ 346%
Operating result€-40k-€13k
Net result€-65k-€-49k▲ 24.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2019: €13k after a loss of €40k in 2018.
Key figures and ratios
Current ratio
0.41
Debt to equity
-0.86▲
2018 · -3.90
ROA
-89.2%▼
2018 · -6.2%
Debt
€633k▼
2018 · €1.17M
Debt ≤ 1 year
€133k▼
2018 · €665k
Debt > 1 year
€500k▼
2018 · €506k
A ratio outside any meaningful range has been withheld (balance sheet total €55k, equity €-579k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 21 lines
Balance sheet
Code20182019
Assets
Total assets20/58€1.04M€55k▼
Fixed assets21/28€1.04M-
Tangible fixed assets22/27€1.04M-
Current assets29/58-€55k
Amounts receivable within one year40/41-€54k
Cash at bank and in hand54/58-€228
Equity and liabilities
Total equity and liabilities10/49€1.04M€55k▼
Equity10/15€-130k€-579k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-548k€-597k▼
Amounts payable17/49€1.17M€633k▼
Amounts payable after more than one year17€506k€500k▼
Amounts payable within one year42/48€665k€133k▼
Trade debts44€19k€17k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k-
Gross operating margin9900€7k€13k▲
Operating profit (loss)9901€-40k€13k▲
Recurring financial charges65€25k€61k▲
Profit (loss) for the period before taxes9903€-65k€-49k▲
Profit (loss) for the period9904€-65k€-49k▲
Profit (loss) for the period to be appropriated9905€-65k€-49k▲
Timeline · acts, filings and financial milestones
2024
26-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · MINAD’S BV MOLENSTRAAT 20, 1210 SINT-JOOST-TEN-NODE · event 10-09-2024
2023
12-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MINAD’S BV MOLEN- STRAAT 20, 1210 SINT-JOOST-TEN-NODE · event 06-06-2023
14-03
Bankruptcy
Judicial dissolution
Tribunal de l’entreprise francophone de Bruxelles · MINAD’S SPRL- RUE DU MOULIN 20, 1210 SAINT-JOSSE-TEN-NOODE
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 77 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 367 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 31 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
24-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 24 days late
2011
23-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 23 days late
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
06-06-2023 → 10-09-2024 |