Financials
- Fiscal year
- 2025
- Total assets
- €1.1m
- Profit
- €100,558
- Solvency
- 93.9%
MINIGRIP DEVELOPMENT
ActiveSummary
MINIGRIP DEVELOPMENT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €100,558. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 122 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of chemicals and chemical products
NACE 20160Manufacture of rubber and plastic products NACE 22220
#2 company by equity in Enghien, Manufacturing sector1 site
Size
€1.1mtotal assets 2025
- Staff
- 3 FTE
- Equity
- €1.0m
- Profit
- €100,558
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts 25 d early2 of 9 deeds read
Why 96- 1 change of registered office in 24 months+ Liquidity: current ratio 16.41, cash €411,191+ Figures for FY 2025 (filed 06-07-2026)+ Equity €1.0m (93.9% of total assets)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 83% of its sector peers (NACE 20, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 93.9% of total assets
Liquidity
96-4
short-term debt 6.1% · cash 36.9%
Profitability
80+5
return on assets 9.0%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 0.4%highest value
08-2026: 0.1%▼ -65.5% vs 07-2026
09-2026: 0.1%▼ -0.8% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- 1 change of registered office in 24 months raises the probability
- Liquidity: current ratio 16.41, cash €411,191 lowers the probability
- Figures for FY 2025 (filed 06-07-2026) lowers the probability
- Equity €1.0m (93.9% of total assets) lowers the probability
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 16.41 against 10.24 in 2024; short-term debt: 6.1% and cash: 36.9% of total assets), and 6.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, micro). Better than this share of them on solvency 89%, liquidity 92%, profitability 76%, growth against the median 73%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
25 d early
2024
41 d early
2023
21 d early
2022
42 d early
2021
31 d early
2020
18 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Resignation: S2F FLEXICO (director)Reappointment: S2F FLEXICO (director) ·…
- Registered officeRegistered-office move · Power of…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 15
- Since
- 2019
- Next accounts
- by 31-07-2027
- 06-07-2026Annual accounts filed
- 17-06-2026Resignation: S2F FLEXICO (director)
- 09-06-2026Registered office
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of chemicals and chemical productsNACE 20160
- Founded
- 12-06-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 26
- Who signs
- Each director alone
- Annual meeting
- First Thursday of June at 11:00
- Purpose
- La fabrication, l'importation et l'exportation, l'achat et la vente, les relations…
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