MINK
BankruptcySummary
The KBO register records for MINK the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (-€145,356) and a net result of -€66,387.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 09-01-2023, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
22 d early
2021
27 d early
2020
44 d early
2019
67 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Advertising agencies sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€145,356
2021 · €526,129
Total assets
€489,523▼ 57.2%
2021 · €1.1m
Net result
-€66,387▲ 56.9%
2021 · -€153,860
Working capital
-€162,360▲ 41.7%
2021 · -€278,509
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€34,779-€32,476▼ 6.6%-€139,703-€54,951▲ 60.7%
Net result€14,025-€14,122▲ 0.7%-€153,860-€66,387▲ 56.9%
Equity€63,945-€74,892▲ 17.1%€526,129▲ 603%-€145,356
Total assets€892,269-€686,510▼ 23.1%€1.1m▲ 66.5%€489,523▼ 57.2%
Debt€828,324-€611,618▼ 26.2%€616,755▲ 0.8%€634,879▲ 2.9%
Working capital-€115,461--€129,237▼ 11.9%-€278,509▼ 116%-€162,360▲ 41.7%
Staff (FTE)10.5-9▼ 14.3%7.6▼ 15.6%7.6=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2022 Total assets -57% on 2021. Cause not known from the registers.
- 2021 Equity +603%, Total assets +66% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €54,951 in 2022 against €139,703 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €489,523
Fixed assets
€240,235 ▼ 72.9%
Current assets
€249,289 ▼ 2.9%
Key figures and ratios
EBITDA
-€30,652▲
2021 · -€82,369
Cash flow
-€42,089▲
2021 · -€96,526
Solvency
-29.7%▼
2021 · 46.0%
Current ratio
0.61▲
2021 · 0.48
Quick ratio
0.48▲
2021 · 0.48
Debt to equity
-4.37▼
2021 · 0.15
ROA
-13.6%▼
2021 · -13.5%
Interest coverage
-2.65
Debt ≤ 1 year
€411,649▼
2021 · €535,145
Debt > 1 year
€223,230▲
2021 · €78,764
Income taxes
€1,022▼
2021 · €1,330
Staff costs
€343,498
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,660 | - |
| Remuneration, social security and pensions62 | - | - | - | €343,498 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,490 | €39,564 | €57,334 | €24,299 | ▼ 57.6% |
| Other operating charges640/8 | - | - | - | €18,992 | - |
| Gross operating margin9900 | €769,951 | €608,373 | €330,295 | €331,838 | ▲ 0.5% |
| Operating profit (loss)9901 | €34,779 | €32,476 | -€139,703 | -€54,951 | ▲ 60.7% |
| Financial income75/76B | - | - | - | €1,154 | - |
| Recurring financial income75 | €99 | €1,286 | €1,245 | €1,154 | ▼ 7.3% |
| Financial charges65/66B | - | - | - | €11,569 | - |
| Recurring financial charges65 | €15,190 | €18,119 | €14,073 | €11,569 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | €19,687 | €15,643 | -€152,531 | -€65,366 | ▲ 57.1% |
| Income taxes67/77 | €5,662 | €1,521 | €1,330 | €1,022 | ▼ 23.2% |
| Profit (loss) for the period9904 | €14,025 | €14,122 | -€153,860 | -€66,387 | ▲ 56.9% |
| Profit (loss) for the period to be appropriated9905 | €14,025 | €14,122 | -€153,860 | -€66,387 | ▲ 56.9% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €892,269 | €686,510 | €1.1m | €489,523 | ▼ 57.2% |
| Fixed assets21/28 | €288,121 | €298,392 | €886,247 | €240,235 | ▼ 72.9% |
| Tangible fixed assets22/27 | €288,121 | €298,392 | €886,247 | €240,235 | ▼ 72.9% |
| Land and buildings22 | - | - | - | €196,457 | - |
| Plant, machinery and equipment23 | - | - | - | €13,611 | - |
| Furniture and vehicles24 | - | - | - | €19,910 | - |
| Leasing and similar rights25 | - | - | - | €10,257 | - |
| Current assets29/58 | €604,148 | €388,118 | €256,637 | €249,289 | ▼ 2.9% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - |
| Other amounts receivable291 | - | - | - | €0 | - |
| Stocks and contracts in progress3 | - | - | - | €50,000 | - |
| Contracts in progress37 | - | - | - | €50,000 | - |
| Amounts receivable within one year40/41 | €579,601 | €280,384 | €204,634 | €146,004 | ▼ 28.7% |
| Trade receivables40 | - | - | - | €119,893 | - |
| Other amounts receivable41 | - | - | - | €26,112 | - |
| Cash at bank and in hand54/58 | €24,547 | €80,455 | €28,766 | €43,300 | ▲ 50.5% |
| Deferred charges and accrued income490/1 | - | - | - | €9,984 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €892,269 | €686,510 | €1.1m | €489,523 | ▼ 57.2% |
| Equity10/15 | €63,945 | €74,892 | €526,129 | -€145,356 | ▼ 128% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Revaluation surpluses12 | - | - | - | €0 | - |
| Reserves13 | €206,005 | €206,005 | €220,014 | €206,005 | ▼ 6.4% |
| Non-distributable reserves130/1 | - | - | - | €0 | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - |
| Distributable reserves133 | - | - | - | €206,005 | - |
| Profit (loss) carried forward14 | -€242,060 | -€231,113 | -€384,973 | -€451,361 | ▼ 17.2% |
| Amounts payable17/49 | €828,324 | €611,618 | €616,755 | €634,879 | ▲ 2.9% |
| Amounts payable after more than one year17 | €105,483 | €90,251 | €78,764 | €223,230 | ▲ 183% |
| Financial debts170/4 | - | - | - | €223,230 | - |
| Amounts payable within one year42/48 | €719,609 | €517,356 | €535,145 | €411,649 | ▼ 23.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,234 | - |
| Financial debts43 | - | - | - | €218,313 | - |
| Credit institutions430/8 | - | - | - | €218,313 | - |
| Trade debts44 | €268,131 | €73,394 | €102,364 | €136,483 | ▲ 33.3% |
| Suppliers440/4 | - | - | - | €136,483 | - |
| Taxes, remuneration and social security45 | - | - | - | €23,618 | - |
| Taxes450/3 | - | - | - | €6,218 | - |
| Remuneration and social security454/9 | - | - | - | €17,400 | - |
| Other amounts payable47/48 | - | - | - | €0 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,025 | €14,122 | -€153,860 | -€66,387 | ▲ 56.9% |
| + Depreciation and write-downs630 | €41,490 | €39,564 | €57,334 | €24,299 | ▼ 57.6% |
| Operating cash flow (approximation) | €55,516 | €53,686 | -€96,526 | -€42,089 | ▲ 56.4% |
| Investment in fixed assets (approximation) | - | -€49,835 | -€645,189 | €621,714 | ▲ 196% |
| Change in cash | - | €55,908 | -€51,688 | €14,534 | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€153,860
Net result drops to -€153,860, the lowest in the series.
30-06
Financial
Equity above €500,000Eq €526,129 ▲603%
Equity rises from €74,892 to €526,129.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €14,122 ▲0.7%
Net result €14,122, the highest in the series.
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
26-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
17-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
23-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Kruisem · 1 establishment unit since 2000
Ground area
2,281 m²
Building footprint
411 m²
Volume, LiDAR
1,662 m³
Parcel 45017B0724/00F000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MINK
since 20002.060.525.072
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0724/00F000 | Flanders | 2,281 m² | 1 · 411 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 2,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-1993
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.