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Mingneau

Active
Private limited companyfounded 2018active for 8 yearsGeluwestraat 130, 8940 Wervik, BelgiumKBO/BCE: BE 0692.605.239
Summary

Mingneau has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €444,004. Equity has been growing by about 43% per year since 2019. Its solvency ranks better than 83% of 634 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-03-2018 Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221
Establishment unit
2.273.932.891 8940 Wervik, since 15-03-2018
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2025
Gross margin
€1.4m
▲ 11.3%
Turnover
≈ €5.5m
estimated
Profit
€444,004
▲ 26.0%
Equity
€1.8m
▲ 34.0%
Total assets
€2.9m
▲ 10.5%
Employees on 31-03-2025
27
▲ 17.4%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFigures for financial year 2026 (filed on 02-11-2026)Profit of €428,842 (financial year 2026)Equity €2.2m (66.5% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 84% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 84+10
equity 59.5% of total assets
Liquidity 60+2
short-term debt 8.2% · cash 7.8%
Profitability 88+3
return on assets 15.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,697 companies, NACE 47, small)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.2%▼ -0.3 percentage points vs 10-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.11 (1.95 in 2024), above the usual 1.5. Short-term debt is 8.2% and cash 7.8% of total assets. 40.5% of the assets are financed with debt and provisions.
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 47, small). It does better than 80% of them on solvency, 80% on liquidity, 90% on profitability and 86% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2026 (filed on 02-11-2026)
NBB · annual accounts
lowers risk · Profit of €428,842 (financial year 2026)
NBB · annual accounts
lowers risk · Equity €2.2m (66.5% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2026
not filed
2025
7 days early
2024
27 days early
2023
7 days early
2022
3 days early
2021
14 days late
2020
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in retail tradesector median €23,867 · 634 companies €428,842 View
  • Positive: 7 profitable years in a rowprofit 2025: €444,004 7 years View
  • Positive: Equity rose in 2025from €1.3m to €1.8m ▲ 34.0% View

Recent changes

  1. · Gazette deed 2 directors appointed, 2 directors resigningResignations: Mingneau Andy (director) and De Four Veroniek (director) · Appointments: Mingneau Andy (director) and De Four Veroniek (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Mingneau: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €2.3m and €3.9m, founded between 2010 and 2018.

CompanyTotal assetsGross margin
Mingneau Wervik€3.2m€1.5m
MAHU MEAT Brugge€3.7m€1.8m
Verssupermarkt Lefebre David Zwevegem€2.3m€1.3m
SERVICE STORE Aalter€3.8m€1.6m
VERSMARKT DELVA Veurne€2.6m€2.2m
STEMA MEAT Liège€2.8m€1.8m
Ben Somers Boechout€3.9m€1.8m
Full comparison

Key facts about Mingneau

What is the company number of Mingneau?
The company number of Mingneau is 0692.605.239. The VAT number is the same number with BE in front: BE 0692.605.239.
Where is Mingneau based?
The registered office is at Geluwestraat 130, 8940 Wervik.Company details
What does Mingneau do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of Mingneau?
The legal form of Mingneau is Private limited company (BV).
When was Mingneau founded?
Mingneau was founded on 15-03-2018.
Is Mingneau still active?
Yes, Mingneau is an active enterprise in the KBO register.
How many employees does Mingneau have?
Mingneau had an average of 28.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mingneau?
The turnover in financial year 2025 is ≈ €5.5m. This figure is estimated from the gross margin of €1.4m and 87 comparable companies (NACE 47). It probably lies between €3.3m and €10.0m.
Is Mingneau profitable?
In financial year 2025, Mingneau made a profit of €444,004.
Where can I find the annual accounts of Mingneau?
Mingneau filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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