MINNE
Open bankruptcyA bankruptcy procedure is open for MINNE according to publications in the Belgian State Gazette; curator: Mr. Sterckx.
Summary
The 2025 annual accounts show negative equity (-€46,029) and a net result of €14,705.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Rechtbank van koophandel te Kortrijk
- Declared bankrupt
- 20 May 2009
- Official Gazette
- 15-07-2009 (pdf) ↗search the document for 2009/029531
Deadlines
- Appeal or third-party opposition until
- passed on 30 July 2009Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- passed on 20 May 2010Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
The curator is not recorded in a form we can read. You will find them in RegSol and in the publication.
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 ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 18606 sector peers (2025).
NBB · sector comparisonPosition among 18606 sector peers
Solvency
better than 17%
← 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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
25 d late
2023
29 d late
2022
31 d early
2021
30 d late
2020
87 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of bread and pastry (bakery outlets) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€46,029▲ 24.2%
2024 · -€60,734
Total assets
€254,464▲ 5.9%
2024 · €240,316
Net result
€14,705▲ 110%
2024 · €6,994
Working capital
-€74,383▲ 18.7%
2024 · -€91,498
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,408▲ 52.6%-€17,969▼ 646%€12,794€7,474▼ 41.6%€14,717▲ 96.9%
Net result-€3,459below the sector's middle half▲ 49.9%-€17,630below the sector's middle half▼ 410%€12,290within the sector's middle half€6,994within the sector's middle half▼ 43.1%€14,705within the sector's middle half▲ 110%
Equity-€62,387below the sector's middle half▼ 5.9%-€80,017below the sector's middle half▼ 28.3%-€67,728below the sector's middle half▲ 15.4%-€60,734below the sector's middle half▲ 10.3%-€46,029below the sector's middle half▲ 24.2%
Total assets€254,429within the sector's middle half▼ 4.7%€243,180within the sector's middle half▼ 4.4%€244,468within the sector's middle half▲ 0.5%€240,316within the sector's middle half▼ 1.7%€254,464within the sector's middle half▲ 5.9%
Debt€316,816▼ 2.8%€323,197▲ 2.0%€312,195▼ 3.4%€301,050▼ 3.6%€300,493▼ 0.2%
Working capital-€74,725below the sector's middle half▼ 21.1%-€103,816below the sector's middle half▼ 38.9%-€85,790below the sector's middle half▲ 17.4%-€91,498below the sector's middle half▼ 6.7%-€74,383below the sector's middle half▲ 18.7%
Solvency-24.5%below the sector's middle half▼ 2.5pp-32.9%below the sector's middle half▼ 8.4pp-27.7%below the sector's middle half▲ 5.2pp-25.3%below the sector's middle half▲ 2.4pp-18.1%below the sector's middle half▲ 7.2pp
Current ratio0.19below the sector's middle half▼ 0.070.11below the sector's middle half▼ 0.080.28below the sector's middle half▲ 0.170.22below the sector's middle half▼ 0.070.36below the sector's middle half▲ 0.14
Return on assets (ROA)-1.4%within the sector's middle half▲ 1.2pp-7.2%below the sector's middle half▼ 5.9pp5.0%within the sector's middle half▲ 12.3pp2.9%within the sector's middle half▼ 2.1pp5.8%within the sector's middle half▲ 2.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 97% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254,464
Fixed assets
€212,794 ▼ 1.1%
Current assets
€41,670 ▲ 65.9%
Key figures and ratios
EBITDA
€35,461▲
2024 · €26,897
Cash flow
€35,449▲
2024 · €26,416
Quick ratio
0.32▲
2024 · 0.18
Debt to equity
-6.53▼
2024 · -4.96
Interest coverage
133.65▲
2024 · 55.94
Debt ≤ 1 year
€116,053▼
2024 · €116,610
Debt > 1 year
€184,440=
2024 · €184,440
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,276 | €22,516 | €23,286 | €19,423 | €20,744 | ▲ 6.8% |
| Other operating charges640/8 | €1,081 | €1,763 | €1,087 | €269 | €1,522 | ▲ 465% |
| Gross operating margin9900 | €20,950 | €6,310 | €37,167 | €27,166 | €36,984 | ▲ 36.1% |
| Operating profit (loss)9901 | -€2,408 | -€17,969 | €12,794 | €7,474 | €14,717 | ▲ 96.9% |
| Financial income75/76B | €123 | €1,342 | €209 | €1 | €253 | ▲ 45,100% |
| Recurring financial income75 | €123 | €1,342 | €209 | €1 | €253 | ▲ 45,100% |
| Financial charges65/66B | €1,175 | €1,003 | €713 | €481 | €265 | ▼ 44.8% |
| Recurring financial charges65 | €1,175 | €1,003 | €713 | €481 | €265 | ▼ 44.8% |
| Profit (loss) for the period before taxes9903 | -€3,459 | -€17,630 | €12,290 | €6,994 | €14,705 | ▲ 110% |
| Profit (loss) for the period9904 | -€3,459 | -€17,630 | €12,290 | €6,994 | €14,705 | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | -€3,459 | -€17,630 | €12,290 | €6,994 | €14,705 | ▲ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €254,429 | €243,180 | €244,468 | €240,316 | €254,464 | ▲ 5.9% |
| Fixed assets21/28 | €236,548 | €229,780 | €210,603 | €215,205 | €212,794 | ▼ 1.1% |
| Tangible fixed assets22/27 | €236,298 | €229,530 | €210,353 | €214,955 | €212,544 | ▼ 1.1% |
| Land and buildings22 | €198,897 | €201,516 | €190,267 | €186,933 | €180,954 | ▼ 3.2% |
| Plant, machinery and equipment23 | €27,910 | €23,268 | €20,086 | €28,022 | €31,590 | ▲ 12.7% |
| Furniture and vehicles24 | €9,492 | €4,746 | - | - | - | - |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €17,880 | €13,401 | €33,865 | €25,111 | €41,670 | ▲ 65.9% |
| Stocks and contracts in progress3 | €6,882 | €4,019 | €4,875 | €4,696 | €4,696 | = |
| Stocks30/36 | €6,882 | €4,019 | €4,875 | €4,696 | €4,696 | = |
| Amounts receivable within one year40/41 | €1,447 | €1,029 | €884 | €975 | €1,080 | ▲ 10.8% |
| Trade receivables40 | €792 | €196 | €534 | €625 | €730 | ▲ 16.8% |
| Other amounts receivable41 | €655 | €833 | €350 | €350 | €350 | = |
| Cash at bank and in hand54/58 | €9,551 | €6,587 | €26,217 | €17,309 | €33,636 | ▲ 94.3% |
| Deferred charges and accrued income490/1 | - | €1,765 | €1,889 | €2,131 | €2,258 | ▲ 6.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €254,429 | €243,180 | €244,468 | €240,316 | €254,464 | ▲ 5.9% |
| Equity10/15 | -€62,387 | -€80,017 | -€67,728 | -€60,734 | -€46,029 | ▲ 24.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€82,847 | -€100,477 | -€88,188 | -€81,194 | -€66,489 | ▲ 18.1% |
| Amounts payable17/49 | €316,816 | €323,197 | €312,195 | €301,050 | €300,493 | ▼ 0.2% |
| Amounts payable after more than one year17 | €224,210 | €205,981 | €192,540 | €184,440 | €184,440 | = |
| Financial debts170/4 | €39,770 | €21,541 | €8,100 | - | €184,440 | - |
| Other amounts payable178/9 | €184,440 | €184,440 | €184,440 | €184,440 | - | - |
| Amounts payable within one year42/48 | €92,605 | €117,216 | €119,655 | €116,610 | €116,053 | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | €18,044 | €18,184 | €13,396 | €8,055 | €0 | ▼ 100% |
| Trade debts44 | €1,648 | €4,495 | €300 | €469 | €91 | ▼ 80.7% |
| Suppliers440/4 | €1,648 | €4,495 | €300 | €469 | €91 | ▼ 80.7% |
| Taxes, remuneration and social security45 | €1,596 | €840 | €4,150 | €2,528 | €1,345 | ▼ 46.8% |
| Taxes450/3 | €1,596 | €840 | €4,150 | €2,528 | €1,345 | ▼ 46.8% |
| Remuneration and social security454/9 | €1 | - | - | - | - | - |
| Other amounts payable47/48 | €71,317 | €93,697 | €101,809 | €105,558 | €114,617 | ▲ 8.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,459 | -€17,630 | €12,290 | €6,994 | €14,705 | ▲ 110% |
| + Depreciation and write-downs630 | €22,276 | €22,516 | €23,286 | €19,423 | €20,744 | ▲ 6.8% |
| Operating cash flow (approximation) | €18,817 | €4,885 | €35,576 | €26,416 | €35,449 | ▲ 34.2% |
| Investment in fixed assets (approximation) | - | -€15,747 | -€4,110 | -€24,024 | -€18,333 | ▲ 23.7% |
| Change in cash | - | -€2,964 | €19,630 | -€8,907 | €16,327 | ▲ 283% |
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €12,290
Net result €12,290 after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€17,630
Net result drops to -€17,630, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Show earlier events
2009
15-07
Bankruptcy
Opening
Rechtbank van koophandel te Kortrijk · event 20-05-2009
02-07
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel te Kortrijk · event 24-06-2009
29-05
Bankruptcy
Opening
Rechtbank van koophandel te Kortrijk · event 20-05-2009
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Hooglede · 1 establishment unit since 2006
Ground area
567 m²
Building footprint
349 m²
Volume, LiDAR
1,604 m³
Parcel 36006A0298/00Y002, Flanders · tallest building 12.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
De Geite
since 20062.151.023.993
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006A0298/00Y002 | Flanders | 567 m² | 1 · 349 m² | 12.5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr. Sterckx An, Liebaertlaan 1, 8500 Kortrijk |
20-05-2009 → 24-06-2009 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHooglede2.151.023.993
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,403 companies in sector 47241 we hold annual accounts for 1,101. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
10711Manufacture of food products
10720Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
47252Retail sale of beverages, general range
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476340175
Also
9925:BE0476340175
Registered
26-01-2024
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.