Equity
€806,280 ▲ 2.1%
MINNE has made a profit without a break since 2013.
MINNE
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1990peak €927,911 (2023)
€693,592▲ 7.2%
lowest -€30,907 (2012)
€126,564▲ 6.1%
peak €892,242 (2016)
€806,280▲ 2.1%
€1.7m▼ 7.1%
peak 6.2 FTE (2024)
5.3 FTE▼ 14.5%
Board5 names since 2018
-
Owners2 names in the annual accounts
Documentsfilings and deeds
17-04-202613 days before the deadline
2025abbreviated format
Staff from 6.2 FTE to 5.3 FTE
Key points
from the 2025 annual accountsTurnover
≈ €4.7m estimated
The abbreviated format states no turnover.
Investments
€36,471 0.3 × depreciation
Green is investment, beige is depreciation.
Staff
6 employees on 30-09-2025
In 2025, nobody joined and 1 person left.
Filings
36 annual accounts since 1990
Two of the last ten came late. The 2021 accounts came latest: 2 days after the end of the period.
Position in the sector
€693,592
Higher gross margin than 80% of companies in retail trade. Sector median €281,232 · 13,228 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as MINNE has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for MINNE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, until 2024
Director, until 2024
- 100%score equity €1.9m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0437569869
Amendment of the articles
Gazette deed
1 director appointed, 1 resignation
Changes of role: (managing director) and (managing director) · Resignation: · Appointment: · General meeting of 15-03-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MINNE Ypres | €2.5m | €693,592 | 31.6% | 5.3 |
| De Zwaluw Rumst | €2.0m | €558,183 | 68.5% | 6.6 |
| Harry Van de Water Kasterlee | €2.2m | €650,891 | 88.9% | 3.8 |
| MOTORSPORT MABBE Wielsbeke | €1.7m | €572,918 | 23.7% | 6.3 |
| LA ROUE LIBRE Herve | €3.0m | €377,433 | 95.6% | 5.9 |
| NXT Gear Essen | €2.4m | €415,916 | 23.5% | 6.5 |
| RIJWIELCENTER HERMANS Malle | €2.3m | €832,162 | 27.5% | 8.4 |
These companies have the same main activity as MINNE: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €1.7m and €3m, founded between 1989 and 1998.
Official details
Source: KBO- Status
- Active since 29-05-1989Normal situation
- Activity
- Retail sale of bicyclesNACE 47632and 5 others
- Joint committees
- 149.04Metal trade
- 201Independent retail · annual accounts 30-09-2025
- Establishment unit
- 2.044.170.0808900 Ypres, since 19-07-1989
- Financial year end
- 30 September
- Peppol
- Reachable since 18-12-2025
Annual accounts to 30-09-2025
- €2.5m▼ 4.5%
- Employeeson 30-09-2025
- 6▼ 14.3%
- Filing
- Filed on 17-04-2026, 13 days before the end of the filing period
Insights on MINNE
MINNE files the abbreviated format. That format states no turnover. The gross margin rose from €89,473 in 2007 to €693,592 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MINNE
- What is the company number of MINNE?
- The company number of MINNE is 0437.569.869. The VAT number is the same number with BE in front: BE 0437.569.869.
- Where is MINNE based?
- The registered office is at Zwaanhofweg 13, 8900 Ypres.Company details
- What does MINNE do?
- According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
- What is the legal form of MINNE?
- MINNE is a public limited company (NV).
- When was MINNE founded?
- MINNE was founded on 29-05-1989.
- Is MINNE still active?
- Yes, MINNE is an active enterprise in the KBO register.
- How many employees does MINNE have?
- MINNE had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MINNE fall under?
- In its 30-09-2025 annual accounts, MINNE states joint committees 149.04 (Metal trade) and 201 (Independent retail).
- What is the turnover of MINNE?
- The turnover in financial year 2025 is ≈ €4.7m. This figure is estimated from the gross margin of €693,592 and 214 comparable companies (NACE 47). It probably lies between €2.5m and €7.4m.
- Is MINNE profitable?
- In financial year 2025, MINNE made a profit of €126,564.
- Where can I find the annual accounts of MINNE?
- MINNE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MINNE due?
- MINNE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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