Non-profit association · founded 1982 · active for 44 yearsWandeldijk 20, 2050 Antwerpen, BelgiumKBO/BCE: BE 0423.604.938
Summary
Minerva has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €182,484 and a net result of €634. The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2017 (filed 27-07-2018)lowers riskLegal form: non-profit associationSize: total assets €186,917Liquidity: current ratio 34.99, cash €153,920neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 97.6% of total assets
Liquidity100=
short-term debt 2.4% · cash 82.3%
Profitability38-12
return on assets 0.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-2024highest value02-2025: < 0.1%● unchanged vs 01-2025highest value03-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-2025highest value05-2025: < 0.1%● unchanged vs 04-2025highest value06-2025: < 0.1%● unchanged vs 05-2025highest value07-2025: < 0.1%● unchanged vs 06-2025highest value08-2025: < 0.1%● unchanged vs 07-2025highest value09-2025: < 0.1%● unchanged vs 08-2025highest value10-2025: < 0.1%● unchanged vs 09-2025highest value11-2025: < 0.1%● unchanged vs 10-2025highest value12-2025: < 0.1%● unchanged vs 11-2025highest value01-2026: < 0.1%● unchanged vs 12-2025highest value02-2026: < 0.1%● unchanged vs 01-2026highest value03-2026: < 0.1%● unchanged vs 02-2026highest value04-2026: < 0.1%● unchanged vs 03-2026highest value05-2026: < 0.1%● unchanged vs 04-2026highest value06-2026: < 0.1%● unchanged vs 05-2026highest value07-2026: < 0.1%● unchanged vs 06-2026highest value08-2026: < 0.1%● unchanged vs 07-2026highest value09-2026: < 0.1%● unchanged vs 08-2026highest value10-2026: < 0.1%● unchanged vs 09-2026highest value