MINDRIE
ActiveSummary
MINDRIE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €760,382 and a net result of €97,331. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+24
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 6.34 against 5.26 in 2024; short-term debt: 15.4% and cash: 39.4% of total assets), and 15.4% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.6%
Return on assets
10.8%
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
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
47 d early
2023
137 d early
2022
141 d early
2021
98 d early
2020
22 d early
2019
37 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 64 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 24 April (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€760,382▲ 14.7%
2024 · €663,051
Total assets
€899,246▲ 10.8%
2024 · €811,683
Net result
€97,331▲ 47.3%
2024 · €66,061
Working capital
€740,866▲ 17.1%
2024 · €632,711
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€59,428▼ 1.5%€61,639▲ 3.7%€68,834▲ 11.7%€84,737▲ 23.1%€141,316▲ 66.8%
Net result€42,325above the sector's middle half▼ 5.4%€42,977above the sector's middle half▲ 1.5%€54,097above the sector's middle half▲ 25.9%€66,061above the sector's middle half▲ 22.1%€97,331above the sector's middle half▲ 47.3%
Equity€504,717above the sector's middle half▲ 8.8%€546,093above the sector's middle half▲ 8.2%€598,590above the sector's middle half▲ 9.6%€663,051above the sector's middle half▲ 10.8%€760,382above the sector's middle half▲ 14.7%
Total assets€656,882above the sector's middle half▲ 6.1%€696,513above the sector's middle half▲ 6.0%€742,555above the sector's middle half▲ 6.6%€811,683above the sector's middle half▲ 9.3%€899,246above the sector's middle half▲ 10.8%
Debt€152,166▼ 1.8%€150,419▼ 1.1%€143,965▼ 4.3%€148,631▲ 3.2%€138,864▼ 6.6%
Working capital€478,995above the sector's middle half▲ 9.7%€478,283above the sector's middle half▼ 0.1%€550,053above the sector's middle half▲ 15.0%€632,711above the sector's middle half▲ 15.0%€740,866above the sector's middle half▲ 17.1%
Solvency76.8%above the sector's middle half▲ 1.9pp78.4%above the sector's middle half▲ 1.6pp80.6%above the sector's middle half▲ 2.2pp81.7%above the sector's middle half▲ 1.1pp84.6%above the sector's middle half▲ 2.9pp
Current ratio4.15above the sector's middle half▲ 0.334.18above the sector's middle half▲ 0.034.82above the sector's middle half▲ 0.645.26above the sector's middle half▲ 0.446.34above the sector's middle half▲ 1.08
Return on assets (ROA)6.4%within the sector's middle half▼ 0.8pp6.2%within the sector's middle half▼ 0.3pp7.3%within the sector's middle half▲ 1.1pp8.1%within the sector's middle half▲ 0.9pp10.8%within the sector's middle half▲ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €899,246
Fixed assets
€19,516 ▼ 35.7%
Current assets
€879,730 ▲ 12.6%
Equity and liabilities €899,246
Equity
€760,382 ▲ 14.7%
Debt
€138,864 ▼ 6.6%
Debt's share of the balance-sheet total falls from 18.3% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155,833▲
2024 · €104,153
Cash flow
€111,848▲
2024 · €85,478
Quick ratio
5.40▲
2024 · 4.34
Debt to equity
0.18▼
2024 · 0.22
ROE
12.8%▲
2024 · 10.0%
Interest coverage
315.10▲
2024 · -190.68
Debt ≤ 1 year
€138,864▼
2024 · €148,631
Income taxes
€45,123▲
2024 · €25,024
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 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% | 1.7% |
| 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 75% 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 17,810 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,297 | €8,633 | €2,303 | €2,160 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,510 | €15,802 | €19,274 | €19,416 | €14,517 | ▼ 25.2% |
| Other operating charges640/8 | €951 | €1,051 | €1,475 | €1,354 | €1,559 | ▲ 15.1% |
| Gross operating margin9900 | €67,889 | €78,492 | €89,583 | €105,508 | €157,392 | ▲ 49.2% |
| Operating profit (loss)9901 | €59,428 | €61,639 | €68,834 | €84,737 | €141,316 | ▲ 66.8% |
| Financial income75/76B | - | €433 | €506 | €5,802 | €1,633 | ▼ 71.9% |
| Recurring financial income75 | - | €433 | €506 | €5,802 | €1,633 | ▼ 71.9% |
| Non-recurring financial income76B | - | €433 | - | - | - | - |
| Financial charges65/66B | -€1,615 | -€990 | -€1,263 | -€546 | €495 | ▲ 191% |
| Recurring financial charges65 | -€1,615 | -€990 | -€1,263 | -€546 | €495 | ▲ 191% |
| Profit (loss) for the period before taxes9903 | €61,043 | €63,062 | €70,602 | €91,085 | €142,454 | ▲ 56.4% |
| Income taxes67/77 | €18,718 | €20,086 | €16,506 | €25,024 | €45,123 | ▲ 80.3% |
| Profit (loss) for the period9904 | €42,325 | €42,977 | €54,097 | €66,061 | €97,331 | ▲ 47.3% |
| Transfer from tax-exempt reserves789 | €7,948 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €50,273 | €42,977 | €54,097 | €66,061 | €97,331 | ▲ 47.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €656,882 | €696,513 | €742,555 | €811,683 | €899,246 | ▲ 10.8% |
| Fixed assets21/28 | €25,721 | €67,811 | €48,537 | €30,340 | €19,516 | ▼ 35.7% |
| Tangible fixed assets22/27 | €25,721 | €67,811 | €48,537 | €30,340 | €19,516 | ▼ 35.7% |
| Land and buildings22 | €9,427 | €6,285 | €3,142 | - | - | - |
| Plant, machinery and equipment23 | €11,066 | €9,044 | €5,169 | €2,373 | €3,807 | ▲ 60.4% |
| Furniture and vehicles24 | €5,228 | €52,482 | €40,225 | €27,967 | €15,710 | ▼ 43.8% |
| Current assets29/58 | €631,161 | €628,702 | €694,019 | €781,342 | €879,730 | ▲ 12.6% |
| Stocks and contracts in progress3 | €153,938 | €146,482 | €144,862 | €136,700 | €130,090 | ▼ 4.8% |
| Stocks30/36 | €153,938 | €146,482 | €144,862 | €136,700 | €130,090 | ▼ 4.8% |
| Amounts receivable within one year40/41 | €3,752 | €3,283 | €11,617 | €1,415 | €10,313 | ▲ 629% |
| Trade receivables40 | €3,752 | €3,283 | €8,815 | €1,415 | €598 | ▼ 57.8% |
| Other amounts receivable41 | - | - | €2,802 | - | €9,716 | - |
| Current investments50/53 | €190,279 | €192,279 | €232,785 | €257,490 | €383,728 | ▲ 49.0% |
| Cash at bank and in hand54/58 | €281,435 | €284,183 | €303,402 | €384,747 | €353,908 | ▼ 8.0% |
| Deferred charges and accrued income490/1 | €1,757 | €2,475 | €1,353 | €991 | €1,692 | ▲ 70.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €656,882 | €696,513 | €742,555 | €811,683 | €899,246 | ▲ 10.8% |
| Equity10/15 | €504,717 | €546,093 | €598,590 | €663,051 | €760,382 | ▲ 14.7% |
| Contributions10/11 | €59,000 | €59,000 | €59,000 | €59,000 | €59,000 | = |
| Reserves13 | €445,717 | €487,093 | €539,590 | €604,051 | €701,382 | ▲ 16.1% |
| Non-distributable reserves130/1 | €3,900 | €3,900 | €3,900 | €3,900 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €3,900 | €3,900 | €3,900 | €3,900 | €0 | ▼ 100% |
| Distributable reserves133 | €441,817 | €483,193 | €535,690 | €600,151 | €701,382 | ▲ 16.9% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €152,166 | €150,419 | €143,965 | €148,631 | €138,864 | ▼ 6.6% |
| Amounts payable within one year42/48 | €152,166 | €150,419 | €143,965 | €148,631 | €138,864 | ▼ 6.6% |
| Trade debts44 | €10,566 | €5,851 | €7,281 | €8,256 | €4,696 | ▼ 43.1% |
| Suppliers440/4 | €10,566 | €5,851 | €7,281 | €8,256 | €4,696 | ▼ 43.1% |
| Taxes, remuneration and social security45 | €4,374 | €8,368 | €1,667 | €6,398 | €191 | ▼ 97.0% |
| Taxes450/3 | €4,374 | €8,368 | €1,667 | €6,398 | €191 | ▼ 97.0% |
| Other amounts payable47/48 | €137,225 | €136,200 | €135,017 | €133,977 | €133,977 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,325 | €42,977 | €54,097 | €66,061 | €97,331 | ▲ 47.3% |
| + Depreciation and write-downs630 | €7,510 | €15,802 | €19,274 | €19,416 | €14,517 | ▼ 25.2% |
| Operating cash flow (approximation) | €49,835 | €58,779 | €73,371 | €85,478 | €111,848 | ▲ 30.9% |
| Investment in fixed assets (approximation) | - | -€57,892 | €0 | -€1,220 | -€3,694 | ▼ 203% |
| Change in cash | - | €2,748 | €19,219 | €81,344 | -€30,839 | ▼ 138% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €97,331 ▲47.3%
Operating result €141,316, net result €97,331, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500,000Eq €504,717 ▲8.8%
4 profitable years in a row build equity to €504,717.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 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
3 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, Halen · 1 establishment unit since 2010
Ground area
599 m²
Building footprint
239 m²
Volume, LiDAR
1,657 m³
Parcel 71020B0717/00E000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Juwelen-Uurwerken Minten en Optiek Minten
since 20102.191.229.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0717/00E000 | Flanders | 599 m² | 1 · 238 m² | 11.6 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 2,016 companies in sector 47770 we hold annual accounts for 899. 561 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
Founded19-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
32500Manufacture of medical and dental instruments and supplies
47742Retail sale of prescription glasses, lenses and sunglasses
Contact
E-mail
johanminten@skynet.beHalen
Phone
013441352Halen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0827947557
Also
9925:BE0827947557
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.