MINET CONCEPT
ActiveMINET CONCEPT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €12k. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy▲ +59 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency38▲+19
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.78 in 2024), and 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
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
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €24k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
23 d early
2022
15 d early
2021
4 d early
2020
12 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▲ 90.9%
2024 · €13k
2019: €42k
2020: €27k
2021: €31k
2022: €12k
2023: €19k
2024: €13k
2019 → 2025
Total assets
€82k▲ 20.5%
2024 · €68k
2019: €69k
2020: €68k
2021: €63k
2022: €42k
2023: €56k
2024: €68k
2019 → 2025
Net result
€12k
2024 · €-6k
2019: €-9k
2020: €-8
2021: €6k
2022: €-19k
2023: €7k
2024: €-6k
2019 → 2025
Working capital
€-20k▼ 70.2%
2024 · €-12k
2019: €24k
2020: €18k
2021: €25k
2022: €10k
2023: €17k
2024: €-12k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€12k▼ 61.7%€19k▲ 58.0%€13k▼ 31.6%€24k▲ 90.9%
Operating result€7k-€-18k€7k€-6k€12k
Net result€6k-€-19k€7k€-6k€12k
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 2025: €12k after a loss of €6k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€44k▲ 80.8%
Current assets
€37k▼ 13.8%
Equity and liabilities €82k
Equity
€24k▲ 90.9%
Debt
€58k▲ 4.3%
The debt ratio falls from 81.3% to 70.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€18k▲
2024 · €-3k
Cash flow
€18k▲
2024 · €-4k
Solvency
29.6%▲
2024 · 18.7%
Current ratio
0.65▼
2024 · 0.78
Quick ratio
0.65▼
2024 · 0.78
Debt / equity
2.38▼
2024 · 4.35
ROE
47.6%▲
2024 · -46.3%
ROA
14.1%▲
2024 · -8.7%
Interest coverage
212.44▲
2024 · -41.27
Debt
€58k▲
2024 · €55k
Debt ≤ 1 year
€58k▲
2024 · €55k
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€68k€82k▲
Fixed assets21/28€25k€44k▲
Tangible fixed assets22/27€25k€44k▲
Land and buildings22€2k€2k=
Furniture and vehicles24€23k€43k▲
Current assets29/58€43k€37k▼
Amounts receivable within one year40/41€21k€19k▼
Trade receivables40€21k€18k▼
Other amounts receivable41-€863
Cash at bank and in hand54/58€21k€16k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€68k€82k▲
Equity10/15€13k€24k▲
Contributions10/11€6k€6k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-19k€-8k▲
Amounts payable17/49€55k€58k▲
Amounts payable within one year42/48€55k€58k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€1k€831▼
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€51k€54k▲
Accrued charges and deferred income492/3€10-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-2k€20k▲
Operating profit (loss)9901€-6k€12k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€83€84▲
Recurring financial charges65€83€84▲
Profit (loss) for the period before taxes9903€-6k€12k▲
Profit (loss) for the period9904€-6k€12k▲
Profit (loss) for the period to be appropriated9905€-6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-8k▲
Profit (loss) brought forward from the previous period14P€-13k€-19k▼
The notes to these accounts (7 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-19k ▼406%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Doische · 1 establishment unit since 2005
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.
Rue Saint-Eloi (NIV) 175680 DoischeGround area
656 m²
Building footprint
127 m²
Volume, LiDAR
804 m³
Parcel 93048B0347/00C000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MINET CONCEPT
since 20052.147.453.997
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93048B0347/00C000 | Wallonia | 656 m² | 1 · 127 m² | 8.1 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.
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PROLOGIA
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Mastery of Building Construction Consult & Engineering
BE 0748.493.768
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EDENS
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Of 11,508 companies in sector 71121 we hold annual accounts for 6,527. 4,218 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2005
Fiscal year end30-06
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.
Contact details
1 entryPhone:082/677139