MINNEBO PROJECTS
Open bankruptcyA bankruptcy procedure is open for MINNEBO PROJECTS according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS.
Summary
The 2023 annual accounts show negative equity (€-488k) and a net result of €-146k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
169 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-488k
2022 · €1.11M
2020: €-58k
2021: €-164k
2022: €1.11M
2020 → 2023
Net result
€-146k▲ 18.5%
2022 · €-179k
2020: €-78k
2021: €-106k
2022: €-179k
2020 → 2023
Total assets
€3.17M▼ 30.9%
2022 · €4.59M
2020: €3.38M
2021: €3.14M
2022: €4.59M
2020 → 2023
Solvency
-15.4%▼ 39.6pp
2022 · 24.1%
2020: -1.7%
2021: -5.2%
2022: 24.1%
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-58k-€-164k▼ 184%€1.11M€-488k
Operating result€51k-€64k▲ 26.8%€-13k€86k
Net result€-78k-€-106k▼ 36.6%€-179k▼ 68.8%€-146k▲ 18.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €86k after a loss of €13k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.17M
Fixed assets
€3.06M ▼ 32.4%
Current assets
€108k ▲ 77.2%
Key figures and ratios
ROA
-4.6%▼
2022 · -3.9%
Debt
€3.66M▲
2022 · €3.48M
Debt ≤ 1 year
€1.32M▲
2022 · €1.32M
Debt > 1 year
€2.15M▲
2022 · €2.10M
Income taxes
€220▼
2022 · €299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€4.59M€3.17M▼
Fixed assets21/28€4.53M€3.06M▼
Tangible fixed assets22/27€25k€9k▼
Plant, machinery and equipment23€665€0▼
Furniture and vehicles24€25k€9k▼
Financial fixed assets28€4.50M€3.05M▼
Current assets29/58€61k€108k▲
Amounts receivable within one year40/41€57k€93k▲
Trade receivables40€49k€86k▲
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€2k€13k▲
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€4.59M€3.17M▼
Equity10/15€1.11M€-488k▼
Contributions10/11€20k€20k=
Revaluation surpluses12€1.45M€0▼
Reserves13€5k€5k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€-368k€-513k▼
Amounts payable17/49€3.48M€3.66M▲
Amounts payable after more than one year17€2.10M€2.15M▲
Financial debts170/4€2.10M€2.15M▲
Amounts payable within one year42/48€1.32M€1.32M▲
Current portion of amounts payable after more than one year42€2k€0▼
Trade debts44€11k€14k▲
Suppliers440/4€11k€14k▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9€10k€0▼
Other amounts payable47/48€1.29M€1.29M=
Accrued charges and deferred income492/3€60k€189k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€472€2k▲
Non-recurring operating charges66A-€93
Gross operating margin9900€4k€105k▲
Operating profit (loss)9901€-13k€86k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€166k€232k▲
Recurring financial charges65€166k€232k▲
Profit (loss) for the period before taxes9903€-179k€-145k▲
Income taxes67/77€299€220▼
Profit (loss) for the period9904€-179k€-146k▲
Profit (loss) for the period to be appropriated9905€-179k€-146k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-368k€-513k▼
Profit (loss) brought forward from the previous period14P€-189k€-368k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · MINNEBO PROJECTS BV KIEZELWEG 14, 3530 HOUTHALEN · event 24-10-2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 169 days late
2022
31-12
Financial
Weakest financial yearnet €-179k
Net result drops to €-179k, the lowest in the series.
31-12
Financial
Equity above €1MEq €1.11M
Equity rises from €-164k to €1.11M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Houthalen-Helchteren · 1 establishment unit since 2019
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.
Kiezelweg 143530 Houthalen-HelchterenGround area
2,551 m²
Building footprint
259 m²
Parcel 72015C0017/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
MINNEBO PROJECTS
since 20192.291.465.840
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0017/00C000 | Flanders | 2,551 m² | 1 · 259 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS KEMPISCHE KAAI 7C/1.01,
3500 HASSELT |
24-10-2024 → present |
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,436 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.