Minka
ActiveMinka has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+44
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 0.46 in 2024; short-term debt: 18.9% and cash: 31.1% of total assets), and 32% 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 risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
68%
Return on assets
41%
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 11-06-2026, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
50 d early
2024
37 d early
2023
23 d early
2022
26 d early
2021
38 d early
2020
24 d early
2019
36 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 152%
2024 · €9k
2019: €10k
2020: €16k
2021: €8k
2022: €-3k
2023: €-11k
2024: €9k
2019 → 2025
Total assets
€34k▼ 12.6%
2024 · €38k
2019: €102k
2020: €83k
2021: €93k
2022: €75k
2023: €86k
2024: €38k
2019 → 2025
Net result
€14k▼ 31.5%
2024 · €20k
2019: €-34k
2020: €5k
2021: €-8k
2022: €-11k
2023: €-8k
2024: €20k
2019 → 2025
Working capital
€11k
2024 · €-15k
2019: €-61k
2020: €-41k
2021: €-43k
2022: €-39k
2023: €-29k
2024: €-15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€-3k€-11k▼ 292%€9k€23k▲ 152%
Operating result€-7k-€-10k▼ 60.4%€-8k▲ 25.6%€20k€14k▼ 31.1%
Net result€-8k-€-11k▼ 39.0%€-8k▲ 24.9%€20k€14k▼ 31.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€16k▼ 38.8%
Current assets
€18k▲ 42.8%
Equity and liabilities €34k
Equity
€23k▲ 152%
Debt
€11k▼ 63.4%
The debt ratio falls from 76.4% to 32.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €31k
Cash flow
€24k▼
2024 · €30k
Solvency
68.0%▲
2024 · 23.6%
Current ratio
2.78▲
2024 · 0.46
Quick ratio
2.43▲
2024 · 0.41
Debt / equity
0.47▼
2024 · 3.23
ROE
60.3%▼
2024 · 221.3%
ROA
41.0%▼
2024 · 52.3%
Interest coverage
92.46▼
2024 · 105.56
Debt
€11k▼
2024 · €29k
Debt ≤ 1 year
€6k▼
2024 · €27k
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€38k€34k▼
Fixed assets21/28€26k€16k▼
Intangible fixed assets21€15k€11k▼
Tangible fixed assets22/27€11k€5k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€513€104▼
Leasing and similar rights25€5k€1k▼
Current assets29/58€12k€18k▲
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€631€550▼
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€771€10k▲
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€38k€34k▼
Equity10/15€9k€23k▲
Contributions10/11€44k€44k=
Profit (loss) carried forward14€-35k€-21k▲
Amounts payable17/49€29k€11k▼
Amounts payable after more than one year17€478-
Financial debts170/4€478-
Amounts payable within one year42/48€27k€6k▼
Current portion of amounts payable after more than one year42€3k€478▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€272€140▼
Taxes450/3€272€140▼
Other amounts payable47/48€20k€2k▼
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€12k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€144
Gross operating margin9900€44k€26k▼
Operating profit (loss)9901€20k€14k▼
Financial income75/76B€164€9▼
Recurring financial income75€164€9▼
Financial charges65/66B€291€260▼
Recurring financial charges65€291€260▼
Profit (loss) for the period before taxes9903€20k€14k▼
Income taxes67/77€140-
Profit (loss) for the period9904€20k€14k▼
Profit (loss) for the period to be appropriated9905€20k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-21k▲
Profit (loss) brought forward from the previous period14P€-55k€-35k▲
The notes to these accounts (9 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 6current ratio 2.78
Current ratio from 0.46 to 2.78; short-term debt falls from €27k to €6k.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Rijkevorsel · 1 establishment unit since 2018
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.
Vinkenpad 622310 RijkevorselGround area
807 m²
Building footprint
285 m²
Volume, LiDAR
1,302 m³
Parcel 13502E0190/00S000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Minka
since 20182.281.225.115
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502E0190/00S000 | Flanders | 807 m² | 1 · 285 m² | 7.6 m · 2 fl. |
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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,199 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2018
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.