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MINIMOTOR

Active
Private limited companyfounded 200026 yrs activeDikberd(HRT) 34, 2200 Herentals, BelgiumKBO/BCE: BE 0471.637.457

MINIMOTOR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284k and a net result of €6k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 2002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+27
Solvency63▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 6.4 against 2.91 in 2024; short-term debt: 13.4% and cash: 28.9% of total assets), but 62.3% 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 riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.7%
Return on assets
0.8%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
34 d early
2023
120 d early
2022
66 d early
2021
122 d early
2020
32 d early
2019
32 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Equity
€284k▲ 2.2%
2024 · €278k
2018: €718k 2019: €624k 2020: €623k 2021: €581k 2022: €419k 2023: €370k 2024: €278k
2018 → 2025
Total assets
€755k▼ 18.0%
2024 · €920k
2018: €2.44M 2019: €1.31M 2020: €1.27M 2021: €1.28M 2022: €1.31M 2023: €923k 2024: €920k
2018 → 2025
Net result
€6k
2024 · €-92k
2018: €184k 2019: €-95k 2020: €996 2021: €-40k 2022: €2k 2023: €-48k 2024: €-92k
2018 → 2025
Working capital
€548k▲ 6.0%
2024 · €516k
2018: €1.17M 2019: €1.06M 2020: €1.06M 2021: €1.04M 2022: €902k 2023: €607k 2024: €516k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€581k-€419k▼ 27.9%€370k▼ 11.6%€278k▼ 24.9%€284k▲ 2.2%
Operating result€-37k-€-4k▲ 89.7%€-20k▼ 415%€-85k▼ 334%€35k
Net result€-40k-€2k€-48k€-92k▼ 90.1%€6k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €-37k€-37kNet result 2021: €-40k€-40kOperating result 2022: €-4k€-4kNet result 2022: €2k€2kOperating result 2023: €-20k€-20kNet result 2023: €-48k€-48kOperating result 2024: €-85k€-85kNet result 2024: €-92k€-92kOperating result 2025: €35k€35kNet result 2025: €6k€6k20212022202320242025
The operating result returns to profit in 2025: €35k after a loss of €85k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €755k
Fixed assets €106k▼ 20.2%
Current assets €649k▼ 17.6%
Equity and liabilities €755k
Equity €284k▲ 2.2%
Debt €470k▼ 26.7%
The debt ratio falls from 69.8% to 62.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62k
2024 · €-60k
Cash flow
€33k
2024 · €-68k
Solvency
37.7%
2024 · 30.2%
Current ratio
6.40
2024 · 2.91
Quick ratio
5.54
2024 · 2.19
Debt / equity
1.65
2024 · 2.31
ROE
2.2%
2024 · -33.1%
ROA
0.8%
2024 · -10.0%
Interest coverage
1.59
2024 · -2.24
Debt
€470k
2024 · €642k
Debt ≤ 1 year
€101k
2024 · €271k
Debt > 1 year
€345k
2024 · €327k
Staff costs
€70k
2024 · €68k
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€920k€755k
Fixed assets21/28€133k€106k
Intangible fixed assets21€902€719
Tangible fixed assets22/27€123k€96k
Land and buildings22€109k€86k
Furniture and vehicles24€13k€10k
Financial fixed assets28€9k€9k=
Current assets29/58€787k€649k
Stocks and contracts in progress3€194k€87k
Stocks30/36€194k€87k
Amounts receivable within one year40/41€348k€344k
Trade receivables40€347k€261k
Other amounts receivable41€1k€83k
Cash at bank and in hand54/58€245k€218k
Equity and liabilities
Total equity and liabilities10/49€920k€755k
Equity10/15€278k€284k
Contributions10/11€19k€19k=
Reserves13€260k€266k
Distributable reserves133€260k€266k
Amounts payable17/49€642k€470k
Amounts payable after more than one year17€327k€345k
Other amounts payable178/9€327k€345k
Amounts payable within one year42/48€271k€101k
Trade debts44€133k€95k
Suppliers440/4€133k€95k
Taxes, remuneration and social security45€30k€6k
Taxes450/3€30k€6k
Other amounts payable47/48€108k-
Accrued charges and deferred income492/3€44k€24k
Income statement Code20242025
Remuneration, social security and pensions62€68k€70k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€27k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€52k€-16k
Other operating charges640/8€6k€6k
Gross operating margin9900€65k€122k
Operating profit (loss)9901€-85k€35k
Financial income75/76B€19k€10k
Recurring financial income75€19k€10k
Financial charges65/66B€27k€39k
Recurring financial charges65€27k€39k
Profit (loss) for the period before taxes9903€-92k€6k
Profit (loss) for the period9904€-92k€6k
Profit (loss) for the period to be appropriated9905€-92k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€6k
Transfer from equity791/2€92k-
Transfer to equity691/2-€6k
To other reserves6921-€6k
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 6.40
Current ratio from 2.91 to 6.40; short-term debt falls from €271k to €101k.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
31-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €996
Net result €996 after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €-95k ▼152%
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 8current ratio 17.83
Current ratio from 2.10 to 17.83; short-term debt falls from €1.06M to €63k.
31-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 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, Herentals · 1 establishment unit since 2000
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.

Dikberd(HRT) 342200 Herentals
Ground area
3.1 ha
Building footprint
504 m²
Parcel 13302C0702/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
Dikberd(HRT) 34/6c, 2200 Herentals
Wholesale trade
since 20002.100.775.421
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302C0702/00N000 Flanders 3.1 ha 1 · 504 m² -
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.

Similar companies · same sector, comparable size

Of 11,554 companies in sector 71121 we hold annual accounts for 6,561. 4,913 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-04-2000
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.