MINEKO
ActiveMINEKO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €705k and a net result of €-28k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 7690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency66▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 2.75 in 2024), but 71.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€28k
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 27-03-2026, 126 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
126 d early
2024
23 d early
2023
29 d early
2022
60 d late
2021
22 d late
2020
33 d early
2019
30 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€705k▼ 3.8%
2024 · €733k
2018: €532k
2019: €561k
2020: €598k
2021: €551k
2022: €767k
2023: €789k
2024: €733k
2018 → 2025
Total assets
€2.48M▼ 6.8%
2024 · €2.66M
2018: €1.49M
2019: €1.70M
2020: €1.74M
2021: €1.75M
2022: €2.63M
2023: €2.98M
2024: €2.66M
2018 → 2025
Net result
€-28k▲ 49.7%
2024 · €-56k
2018: €33k
2019: €29k
2020: €37k
2021: €-47k
2022: €216k
2023: €22k
2024: €-56k
2018 → 2025
Working capital
€256k▼ 7.0%
2024 · €275k
2018: €-2k
2019: €166k
2020: €-80k
2021: €-344k
2022: €144k
2023: €-1.40M
2024: €275k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€551k-€767k▲ 39.1%€789k▲ 2.9%€733k▼ 7.1%€705k▼ 3.8%
Operating result€-36k-€292k€107k▼ 63.3%€39k▼ 63.3%€46k▲ 16.2%
Net result€-47k-€216k€22k▼ 89.7%€-56k€-28k▲ 49.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.48M
Fixed assets
€2.11M▼ 5.3%
Current assets
€371k▼ 14.3%
Equity and liabilities €2.48M
Equity
€705k▼ 3.8%
Debt
€1.77M▼ 7.9%
The debt ratio falls from 72.4% to 71.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€179k▼
2024 · €183k
Cash flow
€106k▲
2024 · €88k
Solvency
28.4%▲
2024 · 27.6%
Current ratio
3.23▲
2024 · 2.75
Quick ratio
3.23▲
2024 · 2.75
Debt / equity
2.52▼
2024 · 2.63
ROE
-4.0%▲
2024 · -7.6%
ROA
-1.1%▲
2024 · -2.1%
Interest coverage
2.43▲
2024 · 1.82
Debt
€1.77M▼
2024 · €1.93M
Debt ≤ 1 year
€115k▼
2024 · €157k
Debt > 1 year
€1.66M▼
2024 · €1.77M
Income taxes
€1▲
2024 · €-2
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.66M€2.48M▼
Fixed assets21/28€2.23M€2.11M▼
Tangible fixed assets22/27€2.23M€2.11M▼
Land and buildings22€2.22M€2.11M▼
Plant, machinery and equipment23€8k€493▼
Current assets29/58€433k€371k▼
Amounts receivable within one year40/41€394k€350k▼
Trade receivables40€46€0▼
Other amounts receivable41€394k€350k▼
Current investments50/53€0€2▲
Cash at bank and in hand54/58€36k€17k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.66M€2.48M▼
Equity10/15€733k€705k▼
Contributions10/11€435k€435k=
Reserves13€54k€54k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€244k€216k▼
Amounts payable17/49€1.93M€1.77M▼
Amounts payable after more than one year17€1.77M€1.66M▼
Financial debts170/4€1.77M€1.66M▼
Amounts payable within one year42/48€157k€115k▼
Current portion of amounts payable after more than one year42€109k€113k▲
Trade debts44€17k€2k▼
Suppliers440/4€17k€2k▼
Taxes, remuneration and social security45€958€0▼
Taxes450/3€958€0▼
Other amounts payable47/48€30k€0▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144k€134k▼
Other operating charges640/8€21k€18k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€203k€198k▼
Operating profit (loss)9901€39k€46k▲
Financial income75/76B€5k€3▼
Recurring financial income75€5k€3▼
Financial charges65/66B€100k€74k▼
Recurring financial charges65€100k€74k▼
Profit (loss) for the period before taxes9903€-56k€-28k▲
Income taxes67/77€-2€1▲
Profit (loss) for the period9904€-56k€-28k▲
Profit (loss) for the period to be appropriated9905€-56k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€244k€216k▼
Profit (loss) brought forward from the previous period14P€300k€244k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-56k ▼351%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 2.75
Current ratio from 0.31 to 2.75; short-term debt falls from €2.04M to €157k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €216k
Net result €216k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.60
Current ratio from 0.31 to 1.60; short-term debt falls from €495k to €241k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dendermonde · 1 establishment unit since 2012
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.
Eegene 919200 DendermondeGround area
6,134 m²
Building footprint
287 m²
Volume, LiDAR
1,505 m³
Parcel 42019A1996/00M000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mineko
since 20122.214.467.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42019A1996/00M000 | Flanders | 6,134 m² | 1 · 287 m² | 9.2 m · 2 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.
Similar companies · same sector, comparable size
BRANDDISCOVERY
BE 0763.609.338
Leuven · Eq €706k
Klaverveld
BE 0718.590.054
Brecht · Eq €706k
SELASCON
BE 0807.422.357
Roeselare · Eq €706k
Symbiorix
BE 0811.329.675
Kontich · Eq €707k
ENTRAIDE ET SOLIDARITE EN ENTRE SAMBRE ET MEUSE
BE 0466.671.453
Momignies · Eq €703k
Of 24,422 companies in sector 82990 we hold annual accounts for 9,361. 5,234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2012
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.