MINIMUM
ActiveMINIMUM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €35k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency12▲+3
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.01 in 2024), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 70
Relative position
BE, all sectors
reference
Sector 70
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.6%
Return on assets
5.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8592 sector peers (2025).
NBB · sector comparisonPosition among 8592 sector peers
Solvency
better than 21%
← weakest
strongest →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
30 d early
2023
23 d late
2022
31 d late
2021
18 d late
2020
2 d early
2019
70 d late
← 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€126k▲ 38.3%
2024 · €91k
2018: €109k
2019: €163k
2020: €167k
2021: €168k
2022: €155k
2023: €124k
2024: €91k
2018 → 2025
Total assets
€675k▼ 0.7%
2024 · €680k
2018: €980k
2019: €954k
2020: €857k
2021: €803k
2022: €779k
2023: €726k
2024: €680k
2018 → 2025
Net result
€35k
2024 · €-33k
2018: €15k
2019: €53k
2020: €4k
2021: €850
2022: €-12k
2023: €-32k
2024: €-33k
2018 → 2025
Working capital
€-513k▲ 12.2%
2024 · €-585k
2018: €-751k
2019: €-649k
2020: €-662k
2021: €-599k
2022: €-578k
2023: €-566k
2024: €-585k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€168k-€155k▼ 7.4%€124k▼ 20.4%€91k▼ 26.7%€126k▲ 38.3%
Operating result€3k-€-11k€-30k▼ 174%€-33k▼ 8.1%€35k
Net result€850-€-12k€-32k▼ 157%€-33k▼ 4.1%€35k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35k after a loss of €33k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €675k
Fixed assets
€639k▼ 5.4%
Current assets
€37k▲ 682%
Equity and liabilities €675k
Equity
€126k▲ 38.3%
Debt
€550k▼ 6.7%
The debt ratio falls from 86.7% to 81.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€72k▲
2024 · €7k
Cash flow
€72k▲
2024 · €7k
Solvency
18.6%▲
2024 · 13.3%
Current ratio
0.07▲
2024 · 0.01
Quick ratio
0.07▲
2024 · 0.01
Debt / equity
4.38▼
2024 · 6.50
ROE
27.7%▲
2024 · -36.4%
ROA
5.1%▲
2024 · -4.9%
Interest coverage
481.48▲
2024 · 32.53
Debt
€550k▼
2024 · €589k
Debt ≤ 1 year
€550k▼
2024 · €589k
Income taxes
€272
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€680k€675k▼
Fixed assets21/28€675k€639k▼
Tangible fixed assets22/27€675k€639k▼
Land and buildings22€652k€626k▼
Plant, machinery and equipment23€20k€12k▼
Furniture and vehicles24€3k€858▼
Current assets29/58€5k€37k▲
Cash at bank and in hand54/58€3k€36k▲
Deferred charges and accrued income490/1€1k€602▼
Equity and liabilities
Total equity and liabilities10/49€680k€675k▼
Equity10/15€91k€126k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€13k€13k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€16k€51k▲
Amounts payable17/49€589k€550k▼
Amounts payable within one year42/48€589k€550k▼
Trade debts44€38k€158▼
Suppliers440/4€38k€158▼
Taxes, remuneration and social security45-€272
Taxes450/3-€272
Other amounts payable47/48€552k€549k▼
Income statement
Code20242025
Non-recurring operating income76A-€48k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€37k▼
Other operating charges640/8€12k€12k▼
Gross operating margin9900€19k€84k▲
Operating profit (loss)9901€-33k€35k▲
Financial charges65/66B€219€150▼
Recurring financial charges65€219€150▼
Profit (loss) for the period before taxes9903€-33k€35k▲
Income taxes67/77-€272
Profit (loss) for the period9904€-33k€35k▲
Profit (loss) for the period to be appropriated9905€-33k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€51k▲
Profit (loss) brought forward from the previous period14P€49k€16k▼
The notes to these accounts (5 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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €35k
Net result €35k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €126k ▲38.3%
Equity rises from €91k to €126k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Highest result since 2018net €53k ▲252%
Operating result €63k, net result €53k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲48.9%
2 profitable years in a row build equity to €163k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 1988
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.
Langehaagstraat 21000 BrusselGround area
4,615 m²
Building footprint
1,109 m²
Volume, LiDAR
22,466 m³
2 parcels, Brussels · tallest building 33.5 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
MINIMUM SA
since 19882.040.605.133
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0008/00T039 | Brussels | 3,802 m² | 1 · 401 m² | 7.6 m · 1 fl. |
| 21807G0023/00P000 | Brussels | 814 m² | 1 · 708 m² | 33.5 m · 10 fl. |
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.
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Agro Pluimvee Consult
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 40,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-09-1988
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.