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MiniGas

Active
Public limited companyfounded 199234 yrs activeBrusselsesteenweg 125, 1980 Zemst, BelgiumKBO/BCE: BE 0447.946.889

MiniGas has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.90M and a net result of €84k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
86 / 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-46
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 7.7 against 4.36 in 2023), and 11.2% 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 riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
88.8%
Return on assets
3.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
240 d late
2022
141 d late
2021
22 d late
2020
30 d late
2019
52 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€1.90M▲ 4.6%
2023 · €1.82M
2018: €753k 2019: €831k 2020: €1.03M 2021: €1.29M 2022: €1.57M 2023: €1.82M
2018 → 2024
Total assets
€2.14M▼ 5.4%
2023 · €2.26M
2018: €1.13M 2019: €984k 2020: €1.31M 2021: €1.50M 2022: €2.60M 2023: €2.26M
2018 → 2024
Net result
€84k▼ 66.1%
2023 · €247k
2018: €115k 2019: €78k 2020: €197k 2021: €260k 2022: €281k 2023: €247k
2018 → 2024
Working capital
€1.60M▲ 7.3%
2023 · €1.49M
2018: €534k 2019: €656k 2020: €874k 2021: €1.06M 2022: €1.35M 2023: €1.49M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.03M-€1.29M▲ 25.3%€1.57M▲ 21.8%€1.82M▲ 15.8%€1.90M▲ 4.6%
Operating result€246k-€333k▲ 35.3%€352k▲ 5.8%€306k▼ 13.2%€70k▼ 77.0%
Net result€197k-€260k▲ 32.3%€281k▲ 8.1%€247k▼ 12.1%€84k▼ 66.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2020: €246k€246kNet result 2020: €197k€197kOperating result 2021: €333k€333kNet result 2021: €260k€260kOperating result 2022: €352k€352kNet result 2022: €281k€281kOperating result 2023: €306k€306kNet result 2023: €247k€247kOperating result 2024: €70k€70kNet result 2024: €84k€84k20202021202220232024
The operating result has fallen two years in a row; 2024 is 77% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.14M
Fixed assets €303k▼ 7.7%
Current assets €1.84M▼ 5.0%
Equity and liabilities €2.14M
Equity €1.90M▲ 4.6%
Debt €239k▼ 46.2%
The debt ratio falls from 19.6% to 11.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€100k
2023 · €323k
Cash flow
€113k
2023 · €265k
Solvency
88.8%
2023 · 80.4%
Current ratio
7.70
2023 · 4.36
Quick ratio
7.64
2023 · 4.33
Debt / equity
0.13
2023 · 0.24
ROE
4.4%
2023 · 13.6%
ROA
3.9%
2023 · 10.9%
Interest coverage
99.83
2023 · 462.34
Debt
€239k
2023 · €444k
Debt ≤ 1 year
€239k
2023 · €444k
Income taxes
€31k
2023 · €87k
Staff costs
€329k
2023 · €319k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.26M€2.14M
Fixed assets21/28€328k€303k
Tangible fixed assets22/27€327k€302k
Land and buildings22€140k€134k
Plant, machinery and equipment23€53k€50k
Furniture and vehicles24€134k€118k
Financial fixed assets28€405€405=
Current assets29/58€1.93M€1.84M
Stocks and contracts in progress3€13k€15k
Stocks30/36€13k€15k
Amounts receivable within one year40/41€1.52M€1.35M
Trade receivables40€166k€101k
Other amounts receivable41€1.35M€1.25M
Cash at bank and in hand54/58€319k€359k
Deferred charges and accrued income490/1€83k€115k
Equity and liabilities
Total equity and liabilities10/49€2.26M€2.14M
Equity10/15€1.82M€1.90M
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€1.66M€1.66M=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€43k€43k=
Distributable reserves133€1.60M€1.60M=
Profit (loss) carried forward14€8k€92k
Amounts payable17/49€444k€239k
Amounts payable within one year42/48€444k€239k
Trade debts44€304k€65k
Suppliers440/4€304k€65k
Taxes, remuneration and social security45€98k€99k
Taxes450/3€71k€71k
Remuneration and social security454/9€27k€29k
Other amounts payable47/48€41k€74k
Income statement Code20232024
Remuneration, social security and pensions62€319k€329k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€30k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-124€-13
Other operating charges640/8€12k€16k
Gross operating margin9900€655k€445k
Operating profit (loss)9901€306k€70k
Financial income75/76B€30k€45k
Recurring financial income75€30k€45k
Financial charges65/66B€699€1k
Recurring financial charges65€699€1k
Non-recurring financial charges66B€699€1k
Profit (loss) for the period before taxes9903€335k€115k
Income taxes67/77€87k€31k
Profit (loss) for the period9904€247k€84k
Profit (loss) for the period to be appropriated9905€247k€84k
Appropriation of the result
Profit (loss) to be appropriated9906€258k€92k
Profit (loss) brought forward from the previous period14P€11k€8k
Transfer to equity691/2€250k-
To other reserves6921€250k-
Social balance
Average headcount (FTE)90875.36.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
28-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 240 days late
2023
19-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 141 days late
2022
31-12
Financial Highest result since 2018net €281k ▲8.1%
Operating result €352k, net result €281k, both a record.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Equity above €1MEq €1.03M ▲23.7%
3 profitable years in a row build equity to €1.03M.
21-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 52 days late
2019
31-12
Financial Weakest financial yearnet €78k ▼31.6%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 5.29
Current ratio from 2.44 to 5.29; short-term debt falls from €369k to €153k.
14-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
18-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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, Zemst · 1 establishment unit since 1992
establishment The establishment unit on the map
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.

Brusselsesteenweg 1251980 Zemst
Ground area
3,416 m²
Building footprint
609 m²
Volume, LiDAR
2,581 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE PUTTER MINIGAS
Attenrodestraat 21, 3391 Tielt-WingeNACE 51510
since 19922.058.548.351
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23096C0704/00N000 Flanders 2,315 m² 1 · 511 m² 9.3 m · 2 fl.
24067C0374/00P003 Flanders 1,100 m² 1 · 99 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 1,789 EUR awarded · 1,585 EUR paid
Year Entries awardedpaid
2025 1 974 EUR770 EUR
2024 1 555 EUR555 EUR
2022 1 260 EUR260 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 1,789 EUR · 1,585 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 838 companies in sector 46810 we hold annual accounts for 473. 317 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded10-08-1992
Fiscal year end31-12
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
47300Retail sale of automotive fuel
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
52481
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.