MYNSBREGA
ActiveSummary
The computed 12-month bankruptcy probability of MYNSBREGA is 4.3% (elevated). The 2024 annual accounts show equity of €93k and a net result of €1k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 29% of 2937 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-11
Solvency39▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.69 against 0.67 in 2023; short-term debt: 73.5% and cash: 0% of total assets), and 86.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
13.6%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
56 d late
2022
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€93k▲ 1.3%
2023 · €92k
2022: €88klowest in 3 years
2023: €92k▲ +3.7% vs 2022
2024: €93k▲ +1.3% vs 2023highest in 3 years
2022 → 2024
Total assets
€685k▲ 9.9%
2023 · €624k
2022: €463klowest in 3 years
2023: €624k▲ +34.7% vs 2022
2024: €685k▲ +9.9% vs 2023highest in 3 years
2022 → 2024
Net result
€1k▼ 64.0%
2023 · €3k
2022: €78khighest in 3 years
2023: €3k▼ -95.8% vs 2022
2024: €1k▼ -64.0% vs 2023lowest in 3 years
2022 → 2024
Working capital
€-156k▼ 13.6%
2023 · €-138k
2022: €-43khighest in 3 years
2023: €-138k▼ -222% vs 2022
2024: €-156k▼ -13.6% vs 2023lowest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€88k-€92k▲ 3.7%€93k▲ 1.3%
2022: €88klowest in 3 years
2023: €92k▲ +3.7% vs 2022
2024: €93k▲ +1.3% vs 2023highest in 3 years
Operating result€87k-€15k▼ 82.9%€23k▲ 51.9%
2022: €87khighest in 3 years
2023: €15k▼ -82.9% vs 2022lowest in 3 years
2024: €23k▲ +51.9% vs 2023
Net result€78k-€3k▼ 95.8%€1k▼ 64.0%
2022: €78khighest in 3 years
2023: €3k▼ -95.8% vs 2022
2024: €1k▼ -64.0% vs 2023lowest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 52% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €685k
Fixed assets
€338k ▼ 1.4%
Current assets
€348k ▲ 23.7%
Equity and liabilities €685k
Equity
€93k ▲ 1.3%
Debt
€593k ▲ 11.4%
Debt's share of the balance-sheet total rises from 85.3% to 86.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2023 · €54k
Cash flow
€46k▲
2023 · €43k
Current ratio
0.69▲
2023 · 0.67
Quick ratio
0.67▲
2023 · 0.64
Debt to equity
6.38▲
2023 · 5.80
ROE
1.3%▼
2023 · 3.6%
ROA
0.2%▼
2023 · 0.5%
Interest coverage
3.30▼
2023 · 4.45
Debt ≤ 1 year
€504k▲
2023 · €419k
Debt > 1 year
€89k▼
2023 · €113k
Income taxes
€1k▲
2023 · €57
Staff costs
€355k▲
2023 · €351k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€624k€685k▲
Fixed assets21/28€343k€338k▼
Intangible fixed assets21€223k€196k▼
Tangible fixed assets22/27€120k€142k▲
Plant, machinery and equipment23€34k€65k▲
Other tangible fixed assets26€86k€76k▼
Current assets29/58€281k€348k▲
Amounts receivable after more than one year29-€50k
Other amounts receivable291-€50k
Stocks and contracts in progress3€14k€10k▼
Stocks30/36€14k€10k▼
Amounts receivable within one year40/41€245k€105k▼
Trade receivables40-€2k
Other amounts receivable41€245k€103k▼
Cash at bank and in hand54/58€17k€0▼
Deferred charges and accrued income490/1€5k€183k▲
Equity and liabilities
Total equity and liabilities10/49€624k€685k▲
Equity10/15€92k€93k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€42k€43k▲
Amounts payable17/49€532k€593k▲
Amounts payable after more than one year17€113k€89k▼
Financial debts170/4€113k€89k▼
Amounts payable within one year42/48€419k€504k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Financial debts43€49k€1k▼
Credit institutions430/8€49k€1k▼
Trade debts44€104k€123k▲
Suppliers440/4€104k€123k▲
Advances received on contracts in progress46€20k€13k▼
Taxes, remuneration and social security45€73k€103k▲
Taxes450/3€45k€47k▲
Remuneration and social security454/9€28k€57k▲
Other amounts payable47/48€149k€239k▲
Income statement
Code20232024
Non-recurring operating income76A€40k-
Remuneration, social security and pensions62€351k€355k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€45k▲
Other operating charges640/8€39k€22k▼
Gross operating margin9900€444k€444k=
Operating profit (loss)9901€15k€23k▲
Financial income75/76B€689€221▼
Recurring financial income75€689€221▼
Financial charges65/66B€12k€20k▲
Recurring financial charges65€12k€20k▲
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€57€1k▲
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€43k▲
Profit (loss) brought forward from the previous period14P€38k€42k▲
Social balance
Average headcount (FTE)908710.79.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €40k | - | - |
| Remuneration, social security and pensions62 | €281k | €351k | €355k | ▲ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €40k | €45k | ▲ 12.7% |
| Other operating charges640/8 | €14k | €39k | €22k | ▼ 42.3% |
| Gross operating margin9900 | €402k | €444k | €444k | = |
| Operating profit (loss)9901 | €87k | €15k | €23k | ▲ 51.9% |
| Financial income75/76B | €2k | €689 | €221 | ▼ 67.9% |
| Recurring financial income75 | €2k | €689 | €221 | ▼ 67.9% |
| Financial charges65/66B | €11k | €12k | €20k | ▲ 66.7% |
| Recurring financial charges65 | €11k | €12k | €20k | ▲ 66.7% |
| Profit (loss) for the period before taxes9903 | €78k | €3k | €2k | ▼ 27.4% |
| Income taxes67/77 | €37 | €57 | €1k | ▲ 2,066% |
| Profit (loss) for the period9904 | €78k | €3k | €1k | ▼ 64.0% |
| Profit (loss) for the period to be appropriated9905 | €78k | €3k | €1k | ▼ 64.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €463k | €624k | €685k | ▲ 9.9% |
| Fixed assets21/28 | €269k | €343k | €338k | ▼ 1.4% |
| Intangible fixed assets21 | €250k | €223k | €196k | ▼ 12.1% |
| Tangible fixed assets22/27 | €19k | €120k | €142k | ▲ 18.5% |
| Plant, machinery and equipment23 | €19k | €34k | €65k | ▲ 95.0% |
| Other tangible fixed assets26 | - | €86k | €76k | ▼ 11.4% |
| Current assets29/58 | €194k | €281k | €348k | ▲ 23.7% |
| Amounts receivable after more than one year29 | - | - | €50k | - |
| Other amounts receivable291 | - | - | €50k | - |
| Stocks and contracts in progress3 | €15k | €14k | €10k | ▼ 27.8% |
| Stocks30/36 | €15k | €14k | €10k | ▼ 27.8% |
| Amounts receivable within one year40/41 | €162k | €245k | €105k | ▼ 57.2% |
| Trade receivables40 | - | - | €2k | - |
| Other amounts receivable41 | €162k | €245k | €103k | ▼ 57.9% |
| Cash at bank and in hand54/58 | €14k | €17k | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €3k | €5k | €183k | ▲ 3,490% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €463k | €624k | €685k | ▲ 9.9% |
| Equity10/15 | €88k | €92k | €93k | ▲ 1.3% |
| Contributions10/11 | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €38k | €42k | €43k | ▲ 2.8% |
| Amounts payable17/49 | €375k | €532k | €593k | ▲ 11.4% |
| Amounts payable after more than one year17 | €138k | €113k | €89k | ▼ 21.9% |
| Financial debts170/4 | €138k | €113k | €89k | ▼ 21.9% |
| Amounts payable within one year42/48 | €237k | €419k | €504k | ▲ 20.4% |
| Current portion of amounts payable after more than one year42 | €24k | €24k | €25k | ▲ 2.0% |
| Financial debts43 | - | €49k | €1k | ▼ 97.4% |
| Credit institutions430/8 | - | €49k | €1k | ▼ 97.4% |
| Trade debts44 | €126k | €104k | €123k | ▲ 18.2% |
| Suppliers440/4 | €126k | €104k | €123k | ▲ 18.2% |
| Advances received on contracts in progress46 | €13k | €20k | €13k | ▼ 37.4% |
| Taxes, remuneration and social security45 | €20k | €73k | €103k | ▲ 42.1% |
| Taxes450/3 | €783 | €45k | €47k | ▲ 3.5% |
| Remuneration and social security454/9 | €19k | €28k | €57k | ▲ 105% |
| Other amounts payable47/48 | €54k | €149k | €239k | ▲ 61.2% |
| Accrued charges and deferred income492/3 | €1 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €78k | €3k | €1k | ▼ 64.0% |
| + Depreciation and write-downs630 | €21k | €40k | €45k | ▲ 12.7% |
| Operating cash flow (approximation) | €100k | €43k | €46k | ▲ 6.9% |
| Investment in fixed assets (approximation) | - | €-114k | €-40k | ▲ 65.1% |
| Change in cash | - | €2k | €-17k | ▼ 834% |
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
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼64%
Net result drops to €1k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 56 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2022
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314
companies at this address
See who is registered here
1 establishment unit
Mynsbrega Managementvennootschap
since 20222.329.474.202
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0325/00K002 | Flanders | 1,491 m² | 1 · 984 m² | 8.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SUD PIZZA 1
BE 0762.502.845
Hasselt · Eq €92,896
DE KOOLPUTTEN
BE 0674.584.718
Antwerpen · Eq €92,904
Les 2 Dames
BE 0818.069.294
Herve · Eq €92,834
Baltic International
BE 0876.871.090
Hasselt · Eq €92,958
Castello Lucano
BE 0659.975.330
Leuven · Eq €92,961
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,657 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.