Minnehaha
ActiveMinnehaha is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.25M and a net result of €323k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 76% of 2383 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-02-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
97 d early
2023
123 d early
2022
80 d early
2021
130 d early
2020
95 d early
2019
98 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€9.25M▲ 3.6%
2024 · €8.92M
2018: €7.93M
2019: €7.96M
2021: €8.27M
2022: €8.31M
2023: €9.30M
2024: €8.92M
2018 → 2025
Net result
€323k▼ 49.1%
2024 · €635k
2018: €25k
2019: €29k
2021: €53k
2022: €44k
2023: €11k
2024: €635k
2018 → 2025
Total assets
€10.42M▲ 4.1%
2024 · €10.01M
2018: €7.99M
2019: €8.01M
2021: €8.33M
2022: €8.42M
2023: €9.38M
2024: €10.01M
2018 → 2025
Solvency
88.8%▼ 0.4pp
2024 · 89.2%
2018: 99.2%
2019: 99.4%
2021: 99.2%
2022: 98.7%
2023: 99.1%
2024: 89.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€254k-€263k▲ 3.6%€242k▼ 7.9%€389k▲ 60.3%€601k▲ 54.6%
Equity€8.27M-€8.31M▲ 0.5%€9.30M▲ 11.9%€8.92M▼ 4.0%€9.25M▲ 3.6%
Operating result€68k-€47k▼ 30.4%€22k▼ 53.2%€50k▲ 126%€122k▲ 145%
Net result€53k-€44k▼ 15.6%€11k▼ 74.1%€635k▲ 5,424%€323k▼ 49.1%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 145% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.42M
Fixed assets
€8.93M▲ 0.3%
Current assets
€1.49M▲ 34.3%
Equity and liabilities €10.42M
Equity
€9.25M▲ 3.6%
Debt
€1.17M▲ 8.0%
The debt ratio rises from 10.8% to 11.2%: debt grows faster than equity.
Key figures and ratios
Solvency
88.8%▼
2024 · 89.2%
ROE
3.5%▼
2024 · 7.1%
ROA
3.1%▼
2024 · 6.3%
Debt
€1.17M▲
2024 · €1.08M
Debt ≤ 1 year
€1.14M▲
2024 · €1.07M
Debt > 1 year
€19k▲
2024 · €0
Income taxes
€37k▲
2024 · €14k
Staff costs
€196k▲
2024 · €152k
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€10.01M€10.42M▲
Fixed assets21/28€8.90M€8.93M▲
Tangible fixed assets22/27€4k€34k▲
Furniture and vehicles24€4k€34k▲
Financial fixed assets28€8.90M€8.90M=
Affiliated companies280/1€8.87M€8.87M=
Participating interests280€8.87M€8.87M=
Companies linked by participating interests282/3€23k€23k=
Participating interests282€23k€23k=
Other financial fixed assets284/8€250€250=
Amounts receivable and cash guarantees285/8€250€250=
Current assets29/58€1.11M€1.49M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.06M€1.09M▲
Trade receivables40€171k€150k▼
Other amounts receivable41€885k€936k▲
Cash at bank and in hand54/58€38k€373k▲
Deferred charges and accrued income490/1€13k€26k▲
Equity and liabilities
Total equity and liabilities10/49€10.01M€10.42M▲
Equity10/15€8.92M€9.25M▲
Contributions10/11€8.10M€8.10M=
Reserves13€821k€1.14M▲
Distributable reserves133€821k€1.14M▲
Amounts payable17/49€1.08M€1.17M▲
Amounts payable after more than one year17€0€19k▲
Financial debts170/4€0€19k▲
Credit institutions173€0€19k▲
Amounts payable within one year42/48€1.07M€1.14M▲
Current portion of amounts payable after more than one year42€2k€12k▲
Financial debts43€9k€9k▲
Credit institutions430/8€9k€9k▲
Trade debts44€8k€48k▲
Suppliers440/4€8k€48k▲
Taxes, remuneration and social security45€34k€52k▲
Taxes450/3€12k€26k▲
Remuneration and social security454/9€22k€26k▲
Other amounts payable47/48€1.02M€1.02M▼
Accrued charges and deferred income492/3€11k€10k▼
Income statement
Code20242025
Operating income70/76A€401k€615k▲
Turnover70€389k€601k▲
Other operating income74€12k€14k▲
Operating charges60/66A€351k€493k▲
Goods for resale, raw materials and consumables60€81k€111k▲
Purchases600/8€81k€111k▲
Services and other goods61€96k€178k▲
Remuneration, social security and pensions62€152k€196k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€6k▼
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€50k€122k▲
Financial income75/76B€615k€258k▼
Recurring financial income75€615k€258k▼
Income from financial fixed assets750€600k€226k▼
Income from current assets751€15k€31k▲
Other financial income752/9€464€720▲
Financial charges65/66B€17k€20k▲
Recurring financial charges65€17k€20k▲
Debt charges650€510€980▲
Other financial charges652/9€16k€19k▲
Profit (loss) for the period before taxes9903€648k€361k▼
Income taxes67/77€14k€37k▲
Taxes670/3€14k€37k▲
Profit (loss) for the period9904€635k€323k▼
Profit (loss) for the period to be appropriated9905€635k€323k▼
Appropriation of the result
Profit (loss) to be appropriated9906€635k€323k▼
Transfer to equity691/2€635k€323k▼
To other reserves6921€635k€323k▼
Social balance
Average headcount (FTE)90871.52.0▲
The notes to these accounts (50 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
19-03
State Gazette act
Algemene Vergadering - BoekjaarGeneral meeting · Statutes amendment3 facts ▸
State Gazette act
Algemene Vergadering - Boekjaar
General meeting · Statutes amendment3 facts ▸
- General meeting, 12/03/2026
- Statutes amendment
- Statutes amendment
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Highest result since 2018net €635k ▲5424%
Net result €635k, the highest in the series.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-09
Financial
Weakest financial yearnet €11k ▼74.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-09
Financial
Liquidity doublescurrent ratio 8.75
Current ratio from 3.92 to 8.75.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-01-2026
Resigned as Director
10-08-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 2011
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.
Hagelberg 332250 OlenGround area
2,594 m²
Building footprint
1,336 m²
Volume, LiDAR
8,520 m³
Parcel 13029E0508/00Y000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Minnehaha
since 20112.203.650.156
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029E0508/00Y000 | Flanders | 2,594 m² | 1 · 1,336 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 24,637 companies in sector 64210 we hold annual accounts for 19,690. 6,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2011
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.