MINAK
A bankruptcy procedure is open for MINAK according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €415k and a net result of €-1.43M.
| Equity | €415k |
| Net result | €-1.43M |
| Staff (FTE) | 14.4 |
| Active | 13 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2018 |
|---|---|
| Revenue | — |
| EBITDA | €-104k |
| Net profit | €-1.43M |
| Cash flow | €-994k |
| Staff costs | — |
| Income taxes | €133 |
| Dividends | €0 |
| Total assets | €4.39M |
| Equity | €415k |
| Debt | €3.97M |
| of which ≤ 1y | €2.19M |
| of which > 1y | €1.85M |
| Working capital | €-1.16M |
| Employees (FTE) | 14.4 |
| 2018 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.30 |
| Working capital ratio | -26.5% |
| Solvency | 9.5% |
| Debt / equity | 4.46 |
| Long-term debt ratio | 4.46 |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -32.5% |
| ROE | -344.2% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €4.39M |
| Fixed assets | 21/28 | €3.36M |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €29k |
| Tangible fixed assets | 22/27 | €3.33M |
| Financial fixed assets | 28 | €0 |
| Current assets | 29/58 | €1.02M |
| Stocks & contracts in progress | 3 | €362k |
| Amounts receivable within one year | 40/41 | €499k |
| Investments | 50/53 | €0 |
| Cash & bank | 54/58 | €119k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.39M |
| Equity | 10/15 | €415k |
| Contributions / capital | 10/11 | €1.40M |
| Reserves | 13 | €308k |
| Accumulated profits (losses) | 14 | €-1.43M |
| Amounts payable | 17/49 | €3.97M |
| Amounts payable after one year | 17 | €1.85M |
| Amounts payable within one year | 42/48 | €2.19M |
| Trade debts payable within one year | 44 | €1.04M |
| Income statement | ||
| Gross operating margin | 9900 | €739k |
| Operating result | 9901 | €-538k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €83k |
| Result before taxes | 9903 | €-351k |
| Income taxes | 67/77 | €133 |
| Net result for the period | 9904 | €-351k |
| Result to be appropriated | 9905 | €-351k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Jos MOMBAERS LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
10-11-2020 → present | Belgian State Gazette |
| NACE primary | 11070 |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 16-10-2012 |
| Status | Active |
| Postal code | 1760 |
| First BS signal | 20-11-2020 |
| Latest BS signal | 20-11-2020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097C0887/00H000 | Flanders | 8,599 m² | 1 · 4,518 m² | 10.4 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | MINAK |