MINOS
ActiveSummary
The latest annual accounts of MINOS were filed more than 90 days after the deadline. The 2023 annual accounts show negative equity (€-493k) and a net result of €-54k. Equity is shrinking by ~18.2% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: Filed more than 90 days late
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-247.6%
Return on assets
-27.1%
Age of the figures
33 mo
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
126 d late
2023
16 d early
2022
60 d late
2021
30 d late
2020
75 d late
2019
79 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-54k▲ 6.3%
2022 · €-58k
Working capital
€-676k▼ 6.4%
2022 · €-636k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€-74k▼ 7.9%€-37k▲ 50.3%€-50k▼ 35.6%€-38k▲ 24.5%€-34k▲ 11.3%
Net result€-93k▼ 8.1%€-57k▲ 39.0%€-70k▼ 23.2%€-58k▲ 17.1%€-54k▲ 6.3%
Equity€-255k▼ 57.0%€-312k▼ 22.1%€-381k▼ 22.3%€-439k▼ 15.1%€-493k▼ 12.3%
Total assets€307k▼ 11.6%€261k▼ 15.1%€228k▼ 12.7%€199k▼ 12.7%€199k▲ 0.1%
Debt€563k▲ 10.3%€573k▲ 1.8%€609k▲ 6.4%€638k▲ 4.7%€692k▲ 8.5%
Working capital€-562k▼ 10.3%€-573k▼ 1.8%€-598k▼ 4.4%€-636k▼ 6.3%€-676k▼ 6.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2023 against €38k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €199k
Fixed assets
€183k ▼ 6.9%
Current assets
€16k ▲ 607%
Key figures and ratios
EBITDA
€-20k▼
2022 · €-18k
Cash flow
€-40k▼
2022 · €-38k
Solvency
-247.6%▼
2022 · -220.7%
Current ratio
0.02▲
2022 · 0.00
Debt to equity
-1.40▲
2022 · -1.45
ROA
-27.1%▲
2022 · -29.0%
Interest coverage
-0.97▼
2022 · -0.90
Debt ≤ 1 year
€692k▲
2022 · €638k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €10k | €8k | €10k | ▲ 16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54k | €46k | €44k | €20k | €14k | ▼ 31.3% |
| Other operating charges640/8 | - | - | €10k | €10k | €10k | ▲ 6.3% |
| Gross operating margin9900 | - | - | €4k | €-8k | €-10k | ▼ 16.5% |
| Operating profit (loss)9901 | €-74k | €-37k | €-50k | €-38k | €-34k | ▲ 11.3% |
| Financial charges65/66B | - | - | €20k | €20k | €21k | ▲ 3.1% |
| Recurring financial charges65 | €18k | €20k | €20k | €20k | €21k | ▲ 3.1% |
| Debt charges650 | €18k | €20k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-93k | €-57k | €-70k | €-58k | €-54k | ▲ 6.3% |
| Profit (loss) for the period9904 | €-93k | €-57k | €-70k | €-58k | €-54k | ▲ 6.3% |
| Profit (loss) for the period to be appropriated9905 | €-93k | €-57k | €-70k | €-58k | €-54k | ▲ 6.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €307k | €261k | €228k | €199k | €199k | ▲ 0.1% |
| Fixed assets21/28 | €307k | €261k | €217k | €197k | €183k | ▼ 6.9% |
| Tangible fixed assets22/27 | €307k | €261k | €217k | €197k | €183k | ▼ 6.9% |
| Land and buildings22 | - | - | €217k | €197k | €183k | ▼ 6.9% |
| Current assets29/58 | €259 | €1 | €11k | €2k | €16k | ▲ 607% |
| Amounts receivable within one year40/41 | - | €0 | €200 | €0 | - | - |
| Trade receivables40 | - | - | €200 | €0 | - | - |
| Other amounts receivable41 | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €259 | €1 | €11k | €68 | €14k | ▲ 20,451% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | ▲ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €307k | €261k | €228k | €199k | €199k | ▲ 0.1% |
| Equity10/15 | €-255k | €-312k | €-381k | €-439k | €-493k | ▼ 12.3% |
| Contributions10/11 | €35k | - | €35k | €35k | €35k | = |
| Reserves13 | €7k | €7k | €7k | €7k | €7k | = |
| Non-distributable reserves130/1 | - | - | €4k | €4k | €4k | = |
| Reserves not available under the articles1311 | - | - | €4k | €4k | €4k | = |
| Distributable reserves133 | - | - | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-297k | €-354k | €-423k | €-481k | €-535k | ▼ 11.2% |
| Amounts payable17/49 | €563k | €573k | €609k | €638k | €692k | ▲ 8.5% |
| Amounts payable within one year42/48 | €563k | €573k | €609k | €638k | €692k | ▲ 8.5% |
| Trade debts44 | €5k | €7k | €7k | €13k | €22k | ▲ 74.6% |
| Suppliers440/4 | - | - | €7k | €13k | €22k | ▲ 74.6% |
| Taxes, remuneration and social security45 | - | - | €0 | €0 | €0 | - |
| Taxes450/3 | - | - | €0 | €0 | €0 | - |
| Other amounts payable47/48 | - | - | €602k | €625k | €670k | ▲ 7.2% |
| Accrued charges and deferred income492/3 | - | - | €9 | €9 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-93k | €-57k | €-70k | €-58k | €-54k | ▲ 6.3% |
| + Depreciation and write-downs630 | €54k | €46k | €44k | €20k | €14k | ▼ 31.3% |
| Operating cash flow (approximation) | €-39k | €-10k | €-25k | €-38k | €-40k | ▼ 6.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-259 | €11k | €-11k | €14k | ▲ 224% |
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
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 126 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 75 days late
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 119 days late
2016
07-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 99 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Elsene · 1 establishment unit since 1992
Ground area
5,468 m²
Building footprint
1,404 m²
Volume, LiDAR
91,286 m³
2 parcels, Brussels · tallest building 106.8 m, ±30 floors. Linked by address, not a title deed.
268
companies at this address
See who is registered here
1 establishment unit
MINOS
since 19922.060.574.661
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00V003 | Brussels | 2,791 m² | 1 · 1,235 m² | 106.8 m · 30 fl. |
| 21614F0170/00B008 | Brussels | 2,677 m² | 1 · 169 m² | 19.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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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 9,698 companies in sector 68121 we hold annual accounts for 7,384. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.