MINCA
ActiveSummary
For MINCA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €41k and a net result of €47k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 34213 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency77▲+30
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2023Solvency, return and age of the figures
Solvency
52.3%
Return on assets
61.1%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-02-2025, 206 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
206 d late
2022
29 d late
2021
52 d late
2020
82 d late
2019
151 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€211k
EBIT margin
23.6%
Net result
€47k
2022 · €-57k
2018: €46k
2019: €29k
2020: €38k
2021: €44k
2022: €-57k
2018 → 2023
Working capital
€39k▲ 96.5%
2022 · €20k
2018: €32k
2019: €46k
2020: €57k
2021: €75k
2022: €20k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€211k
Equity€47k-€60k▲ 29.0%€80k▲ 31.9%€23k▼ 70.9%€41k▲ 74.9%
Operating result€26k-€41k▲ 61.6%€43k▲ 3.0%€-45k€50k
Net result€29k-€38k▲ 28.2%€44k▲ 17.8%€-57k€47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €50k after a loss of €45k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €78k
Fixed assets
€2k ▼ 44.1%
Current assets
€76k ▼ 25.7%
Equity and liabilities €78k
Equity
€41k ▲ 74.9%
Debt
€37k ▼ 54.9%
Debt's share of the balance-sheet total falls from 77.9% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2022 · €-44k
Cash flow
€49k▲
2022 · €-55k
Current ratio
2.04▲
2022 · 1.24
Quick ratio
1.91▲
2022 · 1.18
Debt to equity
0.91▼
2022 · 3.53
ROE
116.7%▲
2022 · -243.5%
ROA
61.1%▲
2022 · -53.7%
Interest coverage
34.31▲
2022 · -22.40
Debt ≤ 1 year
€37k▼
2022 · €82k
Income taxes
€4k▼
2022 · €11k
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 · 2023 against 2022 · 50 lines
Balance sheet
Code20222023
Assets
Total assets20/58€105k€78k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€2k€411▼
Current assets29/58€102k€76k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€96k€68k▼
Trade receivables40€71k€19k▼
Other amounts receivable41€25k€49k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€105k€78k▼
Equity10/15€23k€41k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€2k€19k▲
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€19k
Profit (loss) carried forward14€15k€15k=
Amounts payable17/49€82k€37k▼
Amounts payable within one year42/48€82k€37k▼
Trade debts44€77k€602▼
Suppliers440/4€77k€602▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48-€30k
Income statement
Code20222023
Turnover70-€211k
Goods, raw materials, services and sundry goods60/61-€163k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8-€549
Gross operating margin9900€-44k€52k▲
Operating profit (loss)9901€-45k€50k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-46k€52k▲
Income taxes67/77€11k€4k▼
Profit (loss) for the period9904€-57k€47k▲
Profit (loss) for the period to be appropriated9905€-57k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€63k▲
Profit (loss) brought forward from the previous period14P€72k€15k▼
Transfer to equity691/2-€17k
To other reserves6921-€17k
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 206 days late
2023
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-57k ▼228%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Koekelberg · 1 establishment unit since 2017
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.
Veiligheidsstraat 21081 KoekelbergGround area
614 m²
Building footprint
527 m²
Volume, LiDAR
6,986 m³
Parcel 21492B0242/00D008, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MINCA
since 20172.264.671.668
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0242/00D008 | Brussels | 614 m² | 1 · 527 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Walroche
BE 0749.859.587
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MEERWERK
BE 0649.726.190
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ASJ FINANCES
BE 0739.576.696
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,790 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.