Minutanot

Active

Private limited companyfounded 20215 yrs activeWerfstraat 7, 8000 Brugge, BelgiumKBO/BCE: BE 0768.993.036

Minutanot has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500 and a net result of €752k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 12632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

48 / 100

Fair▼ -38 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency0▼-54

Growth58▼-20

Stability94

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.19 against 1.37 in 2024), and 100% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

Return on assets

26.7%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12632 sector peers (2025).

NBB · sector comparison

Position among 12632 sector peers

Solvency

better than 5%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

93 d early

2024

134 d early

2023

34 d early

2022

11 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€500▼ 99.9%

2024 · €885k

2022: €69k 2023: €349k 2024: €885k

2022 → 2025

Total assets

€2.82M▼ 6.9%

2024 · €3.03M

2022: €75k 2023: €2.72M 2024: €3.03M

2022 → 2025

Net result

€752k▲ 40.2%

2024 · €537k

2022: €70k 2023: €286k 2024: €537k

2022 → 2025

Working capital

€-1.04M

2024 · €120k

2022: €52k 2023: €-144k 2024: €120k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€69k-€349k▲ 403%€885k▲ 154%€500▼ 99.9%

Operating result€88k-€440k▲ 397%€777k▲ 76.7%€1.07M▲ 37.3%

Net result€70k-€286k▲ 306%€537k▲ 87.5%€752k▲ 40.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 37% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.82M

91.5%

Fixed assets €2.58M▼ 0.1%

Current assets €238k▼ 46.6%

Equity and liabilities €2.82M

100.0%

Equity €500▼ 99.9%

Debt €2.82M▲ 31.5%

The debt ratio rises from 70.8% to 100.0%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.07M▲

2024 · €783k

Cash flow

€759k▲

2024 · €542k

Solvency

0.0%▼

2024 · 29.2%

Current ratio

0.19▼

2024 · 1.37

Quick ratio

0.19▼

2024 · 1.37

ROA

26.7%▲

2024 · 17.7%

Interest coverage

17.28▲

2024 · 12.34

Debt

€2.82M▲

2024 · €2.14M

Debt ≤ 1 year

€1.27M▲

2024 · €326k

Debt > 1 year

€1.54M▼

2024 · €1.82M

Income taxes

€253k▲

2024 · €180k

Equity ratios withheld: equity of €500 is too small for a meaningful ratio.

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€3.03M€2.82M▼

Fixed assets21/28€2.58M€2.58M▼

Tangible fixed assets22/27€21k€20k▼

Furniture and vehicles24€21k€20k▼

Financial fixed assets28€2.56M€2.56M=

Current assets29/58€446k€238k▼

Amounts receivable within one year40/41€7k€141▼

Trade receivables40€0-

Other amounts receivable41€7k€141▼

Current investments50/53€9k€46k▲

Cash at bank and in hand54/58€430k€191k▼

Deferred charges and accrued income490/1-€855

Equity and liabilities

Total equity and liabilities10/49€3.03M€2.82M▼

Equity10/15€885k€500▼

Contributions10/11€500€500=

Reserves13€885k€0▼

Distributable reserves133€885k€0▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€2.14M€2.82M▲

Amounts payable after more than one year17€1.82M€1.54M▼

Financial debts170/4€1.82M€1.54M▼

Amounts payable within one year42/48€326k€1.27M▲

Current portion of amounts payable after more than one year42€286k€294k▲

Trade debts44€779€952▲

Suppliers440/4€779€952▲

Taxes, remuneration and social security45€39k€73k▲

Taxes450/3€39k€73k▲

Other amounts payable47/48€0€906k▲

Accrued charges and deferred income492/3-€618

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲

Other operating charges640/8€579€1k▲

Gross operating margin9900€783k€1.07M▲

Operating profit (loss)9901€777k€1.07M▲

Financial income75/76B€3k€9▼

Recurring financial income75€3k€9▼

Financial charges65/66B€63k€62k▼

Recurring financial charges65€63k€62k▼

Profit (loss) for the period before taxes9903€717k€1.00M▲

Income taxes67/77€180k€253k▲

Profit (loss) for the period9904€537k€752k▲

Profit (loss) for the period to be appropriated9905€537k€752k▲

Appropriation of the result

Profit (loss) to be appropriated9906€537k€752k▲

Transfer from equity791/2-€885k

Transfer to equity691/2€537k€0▼

To other reserves6921€537k€0▼

Profit to be distributed694/7€0€1.64M▲

Return on contributions (dividend)694€0€1.64M▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 4Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2022net €752k ▲40.2%

Operating result €1.07M, net result €752k, both a record.

19-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity triplescurrent ratio 1.37

Current ratio from 0.51 to 1.37.

31-12

Financial Equity above €500kEq €885k ▲154%

3 profitable years in a row build equity to €885k.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €200kEq €349k ▲403%

2 profitable years in a row build equity to €349k.

20-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Brugge · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Werfstraat 78000 Brugge

Ground area

2,640 m²

Building footprint

423 m²

Volume, LiDAR

3,185 m³

2 parcels, Flanders · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Park Tremeland 50, 3120 Tremelo

Other legal services

since 20212.318.430.850

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24109A0280/00F002	Flanders	2,318 m²	1 · 233 m²	9.5 m · 2 fl.
31808K0738/00P003 ProtectedTownscape or village viewBrugse geplantsoeneerde stadsomwallingSource ↗	Flanders	322 m²	1 · 189 m²	15.2 m · 3 fl.