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Mineral Skin

Active
Private limited companyfounded 1991active for 35 yearsCederlaan 24, 2610 Antwerpen, BelgiumKBO/BCE: BE 0443.825.478

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Mineral Skin has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€67,530) and a net result of €1,703. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 5% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 29-03-1991 Normal situation
Activity
Development of residential building projects NACE 68121and 3 others
Establishment unit
2.053.341.431 2610 Antwerpen, since 02-07-1991
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€1,880
Turnover
≈ €7,800
estimated
Profit
€1,703
Equity
-€67,530
▲ 2.5%
Total assets
€11,617
▲ 218%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€67,530lowers riskSize: total assets €11,617Founded in 1991Figures for financial year 2025 (filed on 31-08-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -581.3% of total assets
Liquidity 14+11
short-term debt 681.3% · cash 11.3%
Profitability 74+74
return on assets 14.7%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -0.7 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%▼ -0.7 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.15, below 1. Short-term debt is 681.3% and cash 11.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 5% of them on solvency, 13% on liquidity, 68% on profitability and 53% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €11,617
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€67,530
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 31-08-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17119 sector peers (2025).
NBB · sector comparison
Position among 17119 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
13 days late
2022
31 days late
2021
26 days late
2020
61 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€67,530 View
  • Caution: Lower solvency than 95% of companies in real estatesector median 29.0% · 17,119 companies -581.3% View

Comparable companies

These companies have the same main activity as Mineral Skin: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €10,500 and €15,100, founded between 1990 and 1999.

CompanyTotal assetsGross margin
Mineral Skin Antwerpen€11,617€1,880
LANPRO Antwerpen€14,487-€2,682
CONDORVAST Schilde€14,674-€173
PETRO - INVEST Maasmechelen€13,122-€3,088
J. BONIVERT - IMMO Charleroi€10,544€210
WASHI Braine-l'Alleud€10,552-€1,669
DOMU Courcelles€15,140-€1,420
Full comparison

Documents

Annual accounts at the NBB

All 35 annual accounts

Articles and registers

Key facts about Mineral Skin

What is the company number of Mineral Skin?
The company number of Mineral Skin is 0443.825.478. The VAT number is the same number with BE in front: BE 0443.825.478.
Where is Mineral Skin based?
The registered office is at Cederlaan 24, 2610 Antwerpen.Company details
What does Mineral Skin do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Mineral Skin?
The legal form of Mineral Skin is Private limited company (BV).
When was Mineral Skin founded?
Mineral Skin was founded on 29-03-1991.
Is Mineral Skin still active?
Yes, Mineral Skin is an active enterprise in the KBO register.
What is the turnover of Mineral Skin?
The turnover in financial year 2025 is ≈ €7,800. This figure is estimated from the gross margin of €1,880 and 48 comparable companies (NACE 68121). It probably lies between €3,900 and €25,000. It is a rough estimate.Financials
Is Mineral Skin profitable?
In financial year 2025, Mineral Skin made a profit of €1,703.
Where can I find the annual accounts of Mineral Skin?
Mineral Skin filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Mineral Skin due?
Mineral Skin must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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