Minata
ActiveSummary
The computed 12-month bankruptcy probability of Minata is 2.0% (moderate). The annual accounts of Minata for fiscal year 2025 show a net loss of 62% of total assets and of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €10,963 and a net result of -€14,599. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 13560 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-6
Solvency71▼-19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.85 against 2.83 in 2024; short-term debt: 53.5% and cash: 90% of total assets), but 53.5% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
-61.9%
Age of the figures
9 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,599
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
8 d early
2023
41 d early
2022
18 d late
2021
39 d early
2020
61 d late
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€10,963▼ 57.1%
2024 · €25,561
Total assets
€23,585▼ 39.6%
2024 · €39,050
Net result
-€14,599▼ 273%
2024 · -€3,918
Working capital
€10,757▼ 56.3%
2024 · €24,637
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,324€9,259▼ 52.1%-€14,106-€3,841▲ 72.8%-€14,387▼ 275%
Net result€19,289€9,250▼ 52.0%-€14,212-€3,918▲ 72.4%-€14,599▼ 273%
Equity€39,425▲ 81.4%€47,076▲ 19.4%€31,198▼ 33.7%€25,561▼ 18.1%€10,963▼ 57.1%
Total assets€83,032▲ 23.1%€78,584▼ 5.4%€54,356▼ 30.8%€39,050▼ 28.2%€23,585▼ 39.6%
Debt€43,606▼ 4.7%€31,508▼ 27.7%€23,159▼ 26.5%€13,488▼ 41.8%€12,622▼ 6.4%
Working capital€33,689▲ 170%€44,610▲ 32.4%€34,303▼ 23.1%€24,637▼ 28.2%€10,757▼ 56.3%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,387 in 2025 against €3,841 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,585
Fixed assets
€205 ▼ 77.8%
Current assets
€23,379 ▼ 38.7%
Equity and liabilities €23,585
Equity
€10,963 ▼ 57.1%
Debt
€12,622 ▼ 6.4%
Debt's share of the balance-sheet total rises from 34.5% to 53.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€13,669▼
2024 · -€3,070
Cash flow
-€13,880▼
2024 · -€3,148
Current ratio
1.85▼
2024 · 2.83
Quick ratio
1.70▼
2024 · 2.57
Debt to equity
1.15▲
2024 · 0.53
ROE
-133.2%▼
2024 · -15.3%
ROA
-61.9%▼
2024 · -10.0%
Interest coverage
-48.97▼
2024 · -14.61
Debt ≤ 1 year
€12,622▼
2024 · €13,488
Income taxes
€0=
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.9%
went bankrupt
9.9%
stopped otherwise
88%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €313 | €79 | - | €45 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,565 | €8,271 | €771 | €771 | €719 | ▼ 6.8% |
| Other operating charges640/8 | €2,375 | €4,617 | €5,978 | €5,792 | €6,713 | ▲ 15.9% |
| Gross operating margin9900 | €32,577 | €22,226 | -€7,357 | €2,767 | -€6,956 | ▼ 351% |
| Operating profit (loss)9901 | €19,324 | €9,259 | -€14,106 | -€3,841 | -€14,387 | ▼ 275% |
| Financial income75/76B | €80 | €108 | €99 | €133 | €68 | ▼ 48.9% |
| Recurring financial income75 | €80 | €108 | €99 | €133 | €68 | ▼ 48.9% |
| Financial charges65/66B | €115 | €117 | €206 | €210 | €279 | ▲ 32.8% |
| Recurring financial charges65 | €115 | €117 | €206 | €210 | €279 | ▲ 32.8% |
| Profit (loss) for the period before taxes9903 | €19,289 | €9,250 | -€14,212 | -€3,918 | -€14,599 | ▼ 273% |
| Income taxes67/77 | - | - | - | €0 | €0 | - |
| Profit (loss) for the period9904 | €19,289 | €9,250 | -€14,212 | -€3,918 | -€14,599 | ▼ 273% |
| Profit (loss) for the period to be appropriated9905 | €19,289 | €9,250 | -€14,212 | -€3,918 | -€14,599 | ▼ 273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83,032 | €78,584 | €54,356 | €39,050 | €23,585 | ▼ 39.6% |
| Fixed assets21/28 | €10,737 | €2,466 | €1,695 | €924 | €205 | ▼ 77.8% |
| Intangible fixed assets21 | €3,750 | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €6,987 | €2,466 | €1,695 | €924 | €205 | ▼ 77.8% |
| Land and buildings22 | €3,750 | - | - | €0 | €0 | - |
| Plant, machinery and equipment23 | €3,237 | €2,466 | €1,695 | €924 | €205 | ▼ 77.8% |
| Current assets29/58 | €72,295 | €76,118 | €52,662 | €38,126 | €23,379 | ▼ 38.7% |
| Stocks and contracts in progress3 | €2,989 | €3,752 | €2,975 | €3,426 | €1,901 | ▼ 44.5% |
| Stocks30/36 | €2,989 | €3,752 | €2,975 | €3,426 | €1,901 | ▼ 44.5% |
| Amounts receivable within one year40/41 | €807 | - | €665 | €40 | €242 | ▲ 508% |
| Trade receivables40 | - | - | €8 | - | €182 | - |
| Other amounts receivable41 | €807 | - | €657 | €40 | €60 | ▲ 51.1% |
| Cash at bank and in hand54/58 | €68,499 | €72,366 | €49,021 | €34,660 | €21,237 | ▼ 38.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83,032 | €78,584 | €54,356 | €39,050 | €23,585 | ▼ 39.6% |
| Equity10/15 | €39,425 | €47,076 | €31,198 | €25,561 | €10,963 | ▼ 57.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €20,825 | €28,476 | €12,598 | €6,961 | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €18,965 | €26,616 | €12,598 | €6,961 | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€7,637 | - |
| Amounts payable17/49 | €43,606 | €31,508 | €23,159 | €13,488 | €12,622 | ▼ 6.4% |
| Amounts payable within one year42/48 | €38,606 | €31,508 | €18,359 | €13,488 | €12,622 | ▼ 6.4% |
| Trade debts44 | €1,369 | €2,530 | €4,055 | €2,247 | €3,027 | ▲ 34.7% |
| Suppliers440/4 | €1,369 | €2,530 | €4,055 | €2,247 | €3,027 | ▲ 34.7% |
| Taxes, remuneration and social security45 | €3,480 | €5,222 | €500 | €2,401 | €4,959 | ▲ 106% |
| Taxes450/3 | €480 | €2,222 | €500 | €901 | €459 | ▼ 49.1% |
| Remuneration and social security454/9 | €3,000 | €3,000 | - | €1,500 | €4,500 | ▲ 200% |
| Other amounts payable47/48 | €33,757 | €23,757 | €13,803 | €8,840 | €4,637 | ▼ 47.5% |
| Accrued charges and deferred income492/3 | €5,000 | - | €4,800 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,289 | €9,250 | -€14,212 | -€3,918 | -€14,599 | ▼ 273% |
| + Depreciation and write-downs630 | €10,565 | €8,271 | €771 | €771 | €719 | ▼ 6.8% |
| Operating cash flow (approximation) | €29,855 | €17,521 | -€13,441 | -€3,148 | -€13,880 | ▼ 341% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,868 | -€23,345 | -€14,361 | -€13,423 | ▲ 6.5% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€14,599
Net result drops to -€14,599, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €19,289
Net result €19,289 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Keerbergen · 1 establishment unit since 2012
Ground area
316 m²
Building footprint
194 m²
Volume, LiDAR
1,112 m³
Parcel 24048B0145/00E000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Minata
since 20122.214.472.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0145/00E000 | Flanders | 316 m² | 1 · 193 m² | 10.5 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteKeerbergen2.214.472.287
Similar companies · same sector, comparable size
Ma Campagne by Véro
BE 0678.884.390
Tournai · Eq €10,974
DARTA VISE
BE 0750.951.036
Visé · Eq €10,951
4 DBT
BE 0800.639.483
Lichtervelde · Eq €10,951
SABOSTEL
BE 0777.428.670
Walcourt · Eq €10,944
ABNM
BE 0839.057.819
Vorst · Eq €10,983
Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,591 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0849300326
Also
9925:BE0849300326
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.