S.MINEL

Active

Private limited companyfounded 20223 yrs activeDriekoningenstraat 65, 2600 Antwerpen, BelgiumKBO/BCE: BE 0793.601.243

The file of S.MINEL contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 2.6% (moderate). The 2023 annual accounts show equity of €3,969 and a net result of €3,869. Its solvency ranks better than 21% of 15214 sector peers (fiscal year 2023).

Risk analysisWatch Report Compare

S.MINELActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Axes, FY 2023

Profitability68

Solvency26

Growth-

Track record64

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

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Signals

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

+raises risk○neutral

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: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2023

Solvency, return and age of the figures

Solvency

1.3%

Return on assets

1.2%

Age of the figures

33 mo

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-09-2024, 35 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 · 1 filing

Deviation from the deadline

2023

35 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 35 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)

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

History

S.MINEL was incorporated on 15 November 2022 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2023.² On 9 October 2025 the company was declared bankrupt.³

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Financials · fiscal year 2023, micro schema

Equity

€3,969

Total assets

€314,002

Net result

€3,869

Working capital

-€177,386

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

Balance-sheet composition

Assets €314,002

57.8%

42.2%

Fixed assets €181,355

Current assets €132,647

Equity and liabilities €314,002

98.7%

Equity €3,969

Debt €310,033

Debt finances 98.7% of the balance-sheet total.

Key figures and ratios

2023 value

EBITDA

€22,445

Cash flow

€17,964

Current ratio

0.43

Quick ratio

0.13

Debt to equity

78.12

ROE

97.5%

ROA

1.2%

Interest coverage

5.76

Debt ≤ 1 year

€310,033

Income taxes

€593

Staff costs

€28,544

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 · 40 lines

Balance sheet Code2023

Assets

Total assets20/58€314,002

Fixed assets21/28€181,355

Intangible fixed assets21€160,083

Tangible fixed assets22/27€21,272

Plant, machinery and equipment23€15,272

Furniture and vehicles24€6,000

Current assets29/58€132,647

Stocks and contracts in progress3€92,402

Stocks30/36€92,402

Amounts receivable within one year40/41€15,368

Trade receivables40€15,368

Cash at bank and in hand54/58€24,414

Deferred charges and accrued income490/1€463

Equity and liabilities

Total equity and liabilities10/49€314,002

Equity10/15€3,969

Contributions10/11€100

Profit (loss) carried forward14€3,869

Amounts payable17/49€310,033

Amounts payable within one year42/48€310,033

Trade debts44€275,398

Suppliers440/4€275,398

Taxes, remuneration and social security45€20,545

Taxes450/3€5,918

Remuneration and social security454/9€14,628

Other amounts payable47/48€14,090

Income statement Code2023

Remuneration, social security and pensions62€28,544

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,095

Other operating charges640/8€1,219

Non-recurring operating charges66A€3,800

Gross operating margin9900€56,008

Operating profit (loss)9901€8,350

Financial income75/76B€7

Recurring financial income75€7

Financial charges65/66B€3,895

Recurring financial charges65€3,895

Profit (loss) for the period before taxes9903€4,462

Income taxes67/77€593

Profit (loss) for the period9904€3,869

Profit (loss) for the period to be appropriated9905€3,869

Appropriation of the result

Profit (loss) to be appropriated9906€3,869

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2023
Remuneration, social security and pensions62	€28,544
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€14,095
Other operating charges640/8	€1,219
Non-recurring operating charges66A	€3,800
Gross operating margin9900	€56,008
Operating profit (loss)9901	€8,350
Financial income75/76B	€7
Recurring financial income75	€7
Financial charges65/66B	€3,895
Recurring financial charges65	€3,895
Profit (loss) for the period before taxes9903	€4,462
Income taxes67/77	€593
Profit (loss) for the period9904	€3,869
Profit (loss) for the period to be appropriated9905	€3,869

Line	2023
Assets
Total assets20/58	€314,002
Fixed assets21/28	€181,355
Intangible fixed assets21	€160,083
Tangible fixed assets22/27	€21,272
Plant, machinery and equipment23	€15,272
Furniture and vehicles24	€6,000
Current assets29/58	€132,647
Stocks and contracts in progress3	€92,402
Stocks30/36	€92,402
Amounts receivable within one year40/41	€15,368
Trade receivables40	€15,368
Cash at bank and in hand54/58	€24,414
Deferred charges and accrued income490/1	€463
Equity and liabilities
Total equity and liabilities10/49	€314,002
Equity10/15	€3,969
Contributions10/11	€100
Profit (loss) carried forward14	€3,869
Amounts payable17/49	€310,033
Amounts payable within one year42/48	€310,033
Trade debts44	€275,398
Suppliers440/4	€275,398
Taxes, remuneration and social security45	€20,545
Taxes450/3	€5,918
Remuneration and social security454/9	€14,628
Other amounts payable47/48	€14,090

Line	2023
Profit (loss) for the period9904	€3,869
+ Depreciation and write-downs630	€14,095
Operating cash flow (approximation)	€17,964

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2025

29-10

Bankruptcy Bankruptcy reversal

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-10-2025

15-10

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-10-2025

2024

04-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 35 days late

SignalNBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

358 m²

Building footprint

358 m²

Volume, LiDAR

2,396 m³

Parcel 11003B0052/00R004, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

S.MINEL

Driekoningenstraat 65, 2600 AntwerpenWholesale trade

since 20232.340.837.454

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11003B0052/00R004	Flanders	358 m²	1 · 358 m²	13.7 m · 2 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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	FILIP SELS Hemelstraat 3, 2018 Antwerpen 1 ↔ Also on 111 other cases	09-10-2025 → 23-10-2025

Recognitions · licences · registrations

Food safety, FASFC

1 site

Antwerpen2.340.837.454

1 permission

Toelating · Detailhandel · since 15-02-2023

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Of 697 companies in this sector we hold annual accounts for 485. 83 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification

Legal formPrivate limited company

Founded15-11-2022

Fiscal year end31-12

Activities, NACEBEL 2025

46392Non-specialised wholesale

47110Non-specialised retail sale with food, beverages or tobacco predominating

47210Retail sale of fruit and vegetables

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.