Active · per the CBE, 29 October 2026

Miniox

BE0406404264

Rechtspersoon Public limited company 5 establishments

Miniox is a wholesaler in Elsene. Public Limited, started on 30 January 1969, 5 establishments.

Waterloose Steenweg 645, 1050 Elsene

Active for

57 year, 8 months

Financials

Financial year 2025

Miniox from Elsene, company number BE0406404264, closed financial year 2025 with a result of € 427,912 after tax. For that financial year Miniox recorded revenue of € 19.1 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 304,626 to € 427,912. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.

What it is worth Healthy

€ 2.8 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 427,912

▲ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 254,027

▼ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 427,000 paid out

100 % of the profit went to the shareholders, mostly to O. W. T. Gérance (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

49.1

▼ 4.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.7 million

▼ 1% vs 2024

€ 54,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 49,770

▼ 34% vs 2024

Of which on lease € 17,333.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.1 million

▲ 76% vs 2024

€ 23,906 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.2 million

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.

Taxes and wages

€ 483,436

▲ 48% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 18,322,210 € 18,632,190 € 18,551,620 € 19,132,558 ▲ 3%
Profit after taxes € 459,482 € 236,885 € 304,626 € 427,912 ▲ 40%
Equity € 2,061,530 € 2,298,415 € 2,797,212 € 2,795,720
Total debts € 3,585,254 € 3,809,765 € 3,895,621 € 4,406,916 ▲ 13%
Cash € 103,033 € 53,332 € 393,109 € 254,027 ▼ 35%
Land & buildings € 124,218 € 93,261 € 71,679 € 52,097 ▼ 27%
Retained profit € 1,813,636 € 2,050,521 € 2,482,248 € 2,483,160
Dividend € 0 € 0 € 0 € 427,000
Bank debt € 1,841,487 € 1,232,081 € 627,501 € 1,103,598 ▲ 76%
Balance sheet total € 5,646,784 € 6,108,180 € 6,741,035 € 7,236,230 ▲ 7%
Employees (FTE) 43.5 46 54 49.1 ▼ 4.9

Key figures of Miniox, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Miniox?

What happened at Miniox in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Bernard TINEL stepped down as director. NBB
  • François TINEL stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 427,912 (▲ 40% vs 2024). Source: NBB ↗
  • New establishment in Oudergem. KBO
  • New establishment in Rixensart. KBO
  • Bernard TINEL became a director. NBB
  • François TINEL became a director. NBB
  • New establishment in Waterloo. KBO

In short

From € 459,482 profit in 2022 to € 427,912 profit in 2025.

Paid € 571,789 in corporate taxes since 2022.

Best year ever: 2022, with € 459,482 profit.

Paid out € 427,000 in dividends to the owners in total.

Management

The stake of O. W. T. Gérance comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Miniox

The shares are held by O. W. T. Gérance (99.8%). It owns 3% of Copagro SCRL itself.

Directors

According to the 2025 annual accounts

Bernard TINEL

Managing director

since 2022 · until 2027

François TINEL

Managing director

Also active at: CHROMA

since 2022 · until 2027

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Waterloose Steenweg 645

1050 Elsene

2.002.404.751

Chaussée de Bruxelles 61

1410 Waterloo

Active since 9 February 2001

2.173.002.710

Daillylaan 222

1030 Schaarbeek

Active since 2 May 1972

2.344.149.609

Place Jean Vanderbecken 17

1332 Rixensart

Active since 1 January 2023

2.366.679.541

Waverse steenweg 1227

1160 Oudergem

Active since 1 December 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0406.404.264
VAT number
BE 0406.404.264
Registered office
Waterloose Steenweg 645, 1050 Elsene
Names & denominations
Miniox
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 January 1969
Peppol
Active · Active since 15 Jan 2026
Activities · NACE

Groothandel in behang, verf en woningtextiel

Groothandel in behang en onderhoudsproducten

Groothandel in reinigingsmiddelen

Frequently asked questions

What does Miniox do?
Miniox is a wholesaler in Elsene. Public Limited, started on 30 January 1969, 5 establishments.
What is the address of Miniox?
The registered office of Miniox is located at Waterloose Steenweg 645, 1050 Elsene.
Is Miniox still active?
Yes. According to the CBE (29 October 2026) Miniox is active, legal situation “Normale toestand”, started on 30 January 1969.
Is Miniox registered on Peppol?
Yes, Miniox is registered on the Peppol network with ID 0208:0406404264.
What is the enterprise number of Miniox?
The enterprise number of Miniox is BE0406404264.
When was Miniox founded?
Miniox was founded on 30 January 1969.