Checked.be
Active
BE 0470.267.084Private limited company
MINUS
Donklaan 255 ·9290 Berlare, Belgium· 26 yrs active
Sector: Event catering
(56210)
Conclusion
MINUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548k and a net result of €85k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 1106 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €548k |
| Net result | €85k |
| Staff (FTE) | 5.5 |
| Better than sector | 76% |
Financial profile
76
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
63
Profitability
77
Solvency
64
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
63
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-04-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~9.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.8% | 25.6% | |
| Net result | €85k | €7k | |
| Equity | €548k | €22k | |
| Gross operating margin | €504k | €63k | |
| Staff costs | €281k | €51k |
€1.07M
-
23-25
€218k
-10.2%
23-25
€85k
-18.2%
23-25
€182k
+0.4%
23-25
€1.00M
-3.3%
23-25
€548k
+10.7%
23-25
€-98k
-
23-25
6
-11.3%
23-25
€281k
-2.5%
23-25
€27k
-47.3%
23-25
€32k
-46.1%
23-25
€452k
-16.1%
23-25
€179k
-12.3%
23-25
€273k
-18.4%
23-25
0.45
-78.2%
23-25
0.38
-80.8%
23-25
54.8%
+14.4%
23-25
0.82
-24.2%
23-25
15.4%
-26.1%
23-25
8.5%
-15.5%
23-25
9.7%
-
23-25
22.6%
-
23-25
14.59
-5.2%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €218k |
| Net profit | €85k |
| Cash flow | €182k |
| Staff costs | €281k |
| Income taxes | €27k |
| Dividends | €32k |
| Total assets | €1.00M |
| Equity | €548k |
| Debt | €452k |
| of which ≤ 1y | €179k |
| of which > 1y | €273k |
| Working capital | €-98k |
| Employees (FTE) | 5.5 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.45 |
| Quick ratio | 0.38 |
| Working capital ratio | -9.8% |
| Solvency | 54.8% |
| Debt / equity | 0.82 |
| Long-term debt ratio | 0.50 |
| Interest coverage | 14.59 |
| Gross margin | - |
| Net margin | - |
| ROA | 8.5% |
| ROE | 15.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.00M |
| Fixed assets | 21/28 | €919k |
| Intangible fixed assets | 21 | €0 |
| Tangible fixed assets | 22/27 | €919k |
| Financial fixed assets | 28 | €278 |
| Current assets | 29/58 | €81k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €41k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.00M |
| Equity | 10/15 | €548k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €528k |
| Amounts payable | 17/49 | €452k |
| Amounts payable after one year | 17 | €273k |
| Amounts payable within one year | 42/48 | €179k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €504k |
| Operating result | 9901 | €121k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €111k |
| Income taxes | 67/77 | €27k |
| Net result for the period | 9904 | €85k |
| Result to be appropriated | 9905 | €85k |
Legal Structure
| NACE primary | Event catering(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 01-02-2000 |
| Status | Active |
| Postal code | 9290 |
Establishment units
ELVIRA
since 20002.097.206.811
LAGOM
since 20182.300.843.265
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017B0317/00K000 | Flanders | 1,291 m² | 1 · 404 m² | 11.9 m · 3 fl. |
| 42003A0499/00K000 | Flanders | 511 m² | 1 · 164 m² | 10.7 m · 2 fl. |
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.
Updates
2026
29-04-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
08-05-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
31-10-2019 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10-2018 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10-2017 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09-2016 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
5530155522Full-service restaurants56101Full-service restaurants56111Event catering56210
Names & trade names
| Legal nameNL | MINUS |
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