Mintjens Projects
ActiveThe computed 12-month bankruptcy probability of Mintjens Projects is 3.3% (moderate). The 2024 annual accounts show negative equity (€-127k) and a net result of €-54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 9981 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
22
/ 100
Critical▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency54▼-5
Growth32=
Stability100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.43 against 1.66 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-24.1%
Return on assets
-10.1%
Age of the figures
20 mo
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€127k
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 20-04-2026, 263 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
263 d late
2023
135 d late
2022
70 d late
2021
59 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-127k▼ 72.7%
2023 · €-74k
2020: €6k
2021: €-276
2022: €-22k
2023: €-74k
2020 → 2024
Total assets
€530k▲ 53.7%
2023 · €345k
2020: €43k
2021: €42k
2022: €191k
2023: €345k
2020 → 2024
Net result
€-54k▼ 4.2%
2023 · €-51k
2020: €556
2021: €-6k
2022: €-22k
2023: €-51k
2020 → 2024
Working capital
€121k▼ 9.1%
2023 · €133k
2020: €-23k
2021: €-23k
2022: €117k
2023: €133k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€-276€-22k▼ 7,968%€-74k▼ 231%€-127k▼ 72.7%
Operating result€725-€-6k€-22k▼ 284%€-52k▼ 136%€-53k▼ 3.4%
Net result€556-€-6k€-22k▼ 277%€-51k▼ 134%€-54k▼ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €53k in 2024 against €52k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €530k
Fixed assets
€127k▲ 1,150%
Current assets
€403k▲ 20.5%
Key figures and ratios
EBITDA
€-30k▲
2023 · €-41k
Cash flow
€-30k▲
2023 · €-40k
Solvency
-24.1%▼
2023 · -21.4%
Current ratio
1.43▼
2023 · 1.66
Quick ratio
0.08▲
2023 · 0.04
Debt / equity
-5.16▲
2023 · -5.67
ROE
42.1%▼
2023 · 69.8%
ROA
-10.1%▲
2023 · -14.9%
Interest coverage
-195.46▲
2023 · -1127.51
Debt
€657k▲
2023 · €418k
Debt ≤ 1 year
€282k▲
2023 · €202k
Debt > 1 year
€375k▲
2023 · €217k
Income taxes
€246
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€345k€530k▲
Fixed assets21/28€10k€127k▲
Tangible fixed assets22/27€10k€127k▲
Plant, machinery and equipment23€10k€4k▼
Furniture and vehicles24-€123k
Current assets29/58€334k€403k▲
Stocks and contracts in progress3€326k€382k▲
Stocks30/36€326k€382k▲
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€1k€17k▲
Deferred charges and accrued income490/1€129€124▼
Equity and liabilities
Total equity and liabilities10/49€345k€530k▲
Equity10/15€-74k€-127k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-79k€-132k▼
Amounts payable17/49€418k€657k▲
Amounts payable after more than one year17€217k€375k▲
Other amounts payable178/9€217k€375k▲
Amounts payable within one year42/48€202k€282k▲
Trade debts44€202k€7k▼
Suppliers440/4€202k€7k▼
Taxes, remuneration and social security45€118€8k▲
Taxes450/3€118€246▲
Remuneration and social security454/9-€8k
Other amounts payable47/48-€267k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€23k▲
Other operating charges640/8€4k€298▼
Gross operating margin9900€-37k€-30k▲
Operating profit (loss)9901€-52k€-53k▼
Financial income75/76B€147€69▼
Recurring financial income75€147€69▼
Financial charges65/66B€36€154▲
Recurring financial charges65€36€154▲
Profit (loss) for the period before taxes9903€-51k€-53k▼
Income taxes67/77-€246
Profit (loss) for the period9904€-51k€-54k▼
Profit (loss) for the period to be appropriated9905€-51k€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-132k▼
Profit (loss) brought forward from the previous period14P€-27k€-79k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 263 days late
2024
31-12
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series.
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 135 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Liquidity times 7current ratio 3.19
Current ratio from 0.46 to 3.19.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Malle · 1 establishment unit since 2020
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.
Hallebaan 1852390 MalleGround area
4,192 m²
Building footprint
445 m²
Volume, LiDAR
1,647 m³
2 parcels, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mintjens Projects
since 20202.307.824.988
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049B0545/00S002 | Flanders | 2,910 m² | 1 · 232 m² | 6.2 m · 1 fl. |
| 11049C0120/00B010 | Flanders | 1,282 m² | 1 · 213 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 6,791 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.