Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €17,899 falls due within a year.
Green is investment, beige is depreciation.
Short-term debts rose from €6,629 to €17,899.
Less equity than 86% of companies in legal and accounting. Sector median €86,507 · 15,839 companies.
In July 2024, 7,976 companies had the same profile as MINRO has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,976 companies, not a prediction for MINRO. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MINRO Antwerp | €62,960 | €7,901 | 17.7% | - |
| JaDo Maaseik | €72,779 | €8,108 | 94.6% | - |
| Advocaat Kris De Maere Sint-Niklaas | €57,808 | €8,945 | 70.3% | - |
| Amboise Antwerp | €49,141 | €7,923 | 32.9% | - |
| Advocatenkantoor NDH Rumst | €75,838 | €8,676 | 61.4% | - |
| Sinnesro Brasschaat | €66,273 | €6,780 | 23.9% | - |
| LAND ADVOCATEN Mechelen | €58,533 | €8,050 | 33.3% | - |
These companies have the same main activity as MINRO: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €49,100 and €75,800, founded between 2021 and 2024.
MINRO files the micro format. That format states no turnover. The gross margin rose from €6,094 in 2023 to €7,901 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €46,000. Estimated: probably between €26,000 and €110,000.
Higher than 19% of 15,834 companies in 2025.
Higher than 64% of 15,606 companies in 2025.
Higher than 24% of 15,723 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
62,960 | 13,708 | 14,302 | |
21/28 |
5,765 | 2,889 | - | |
22/27 |
5,765 | 2,889 | - | |
24 |
5,765 | 2,889 | - | |
29/58 |
57,195 | 10,819 | 14,302 | |
40/41 |
23,574 | 3,655 | 11,506 | |
40 |
23,434 | 3,655 | 11,506 | |
41 |
140 | - | - | |
54/58 |
33,440 | 6,169 | 2,154 | |
490/1 |
180 | 995 | 643 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
62,960 | 13,708 | 14,302 | |
10/15 |
11,150 | 7,079 | 5,610 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
10,150 | 6,079 | 4,610 | |
133 |
10,150 | 6,079 | 4,610 | |
14 |
0 | - | - | |
17/49 |
51,809 | 6,629 | 8,692 | |
42/48 |
17,899 | 6,629 | 6,192 | |
44 |
296 | 1,109 | 320 | |
440/4 |
296 | 1,109 | 320 | |
45 |
17,604 | 5,519 | 5,415 | |
450/3 |
17,604 | 5,519 | 5,415 | |
47/48 |
- | 0 | 457 | |
492/3 |
33,910 | 0 | 2,500 | |
| Income statement | ||||
9900 |
7,901 | 3,988 | 6,094 | |
630 |
929 | 418 | - | |
640/8 |
306 | 236 | - | |
9901 |
6,666 | 3,334 | 6,094 | |
75/76B |
92 | 3 | 12 | |
75 |
92 | 3 | 12 | |
65/66B |
467 | 284 | 191 | |
65 |
467 | 284 | 191 | |
9903 |
6,291 | 3,052 | 5,916 | |
67/77 |
2,220 | 1,583 | 1,306 | |
9904 |
4,071 | 1,469 | 4,610 | |
9905 |
4,071 | 1,469 | 4,610 | |
| Appropriation of the result | ||||
9906 |
4,071 | 1,469 | 4,610 | |
691/2 |
4,071 | 1,469 | 4,610 | |
691 |
4,071 | - | - | |
6921 |
0 | 1,469 | 4,610 | |
| Document | ||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-04-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 7,595 | 3,752 | - | ||
| 5,000 | 1,887 | - | ||
| 3,805 | 3,307 | - | ||
| 27,272 | 4,015 | - | ||
| 39,295 | 4,190 | 8,110 | ||
| 17.7% | 51.6% | 39.2% | ||
| 3.20 | 1.63 | 2.31 | ||
| 4.65 | 0.94 | 1.55 | ||
| 36.5% | 20.8% | 82.2% | ||
| 6.5% | 10.7% | 32.2% | ||
| 16.26 | 13.20 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,805 | €3,307 | - |
| Financial fixed assets | €0 | - | - |
| €929 | €418 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 100% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 48.4% to 82.3%. Equity and debt are higher.
MINRO has no parent and no holdings in its annual accounts. is the only director. MINRO shares no director with another company.
| FARMEL DAIRY BELGIE
registered office since 12-02-2009 · founded in 2009 |
turnover €58.4m (2025) 0810.034.033 |
| GLADIS
registered office since 17-07-1992 · founded in 1991 |
total assets €24.4m (2025) 0445.999.565 |
| ChillFis v.o.f.
registered office since 15-12-2009 · founded in 2009 |
total assets €11.9m (2025) 0821.462.217 |
| We and Work
registered office since 01-02-2015 · founded in 2014 |
73 FTE (2025) 0505.788.583 |
| INFORMATICA BELGIE
registered office since 07-09-2000 · founded in 2000 |
4 FTE (2025) 0472.109.292 |
| Brusselle Marine Industries
registered office since 01-06-1957 · founded in 1957 |
total assets €3.8m (2025) 0405.244.224 |
| SOFTLINE SOLUTIONS
registered office since 01-01-2011 · founded in 2010 · accounts filed late |
total assets €3.7m (2024) 0832.043.828 |
| Rehoco
registered office since 14-12-2004 · founded in 2004 |
0.7 FTE (2025) 0870.552.729 |
| Food Finesse
registered office since 03-12-1991 · founded in 1991 |
22 FTE (2025) 0445.840.506 |
| HBG Invest & Entertainment
registered office since 02-01-2012 · founded in 2003 |
total assets €2.1m (2025) 0859.776.722 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Brusselstraat 51 registered office 2018 Antwerp | 04-07-2023 | 2.347.161.854 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11811L3838/00N000 | 261 m² | 1 · 261 m² | 22.5 m · 6 |
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