Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.7 to 1.
Financials
Financial year 2025
MINERVA NWE from Antwerpen, company number BE0412527142, closed financial year 2025 with a result of € 81,544 after tax. For that financial year MINERVA NWE recorded revenue of € 17 million and equity of € 29 million. Compared with financial year 2024, the result moved from € 764,525 to € 81,544. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 29 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,544
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 316,044
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 21.9 million.
People and assets in 2025
1
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 775,966
▲ 116% vs 2024
€ 776,000 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.
€ 1,369
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 59,041
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 21,290
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,592,601 | € 5,793,174 | € 9,987,811 | € 16,959,603 | ▲ 70% |
| Profit after taxes | € 19,711 | € 208,926 | € 764,525 | € 81,544 | ▼ 89% |
| Equity | € 27,981,992 | € 28,190,918 | € 28,956,059 | € 29,036,115 | |
| Total debts | € 7,731,105 | € 8,694,639 | € 893,182 | € 101,728 | ▼ 89% |
| Cash | € 386,642 | € 1,565,688 | € 205,564 | € 316,044 | ▲ 54% |
| Retained profit | € 20,835,907 | € 21,044,833 | € 21,809,975 | € 21,890,030 | |
| Balance sheet total | € 35,713,097 | € 36,885,556 | € 29,849,241 | € 29,137,843 | ▼ 2% |
| Employees (FTE) | 5 | 4.7 | 2 | 1 | ▼ 1 |
Key figures of MINERVA NWE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MINERVA NWE?
What happened at MINERVA NWE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alistair Cross stepped down as director. NBB
- Vicki Van Ballegooijen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 81,544 (▼ 89% vs 2024). filed late Source: NBB ↗
- Alistair Cross became a director. NBB
- Vicki Van Ballegooijen became a director. NBB
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,711 profit in 2022 to € 81,544 profit in 2025.
Paid € 113,957 in corporate taxes since 2022.
Best year ever: 2024, with € 764,525 profit.
Pays suppliers within 1 days on average.
A new publication or filing at MINERVA NWE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Minerva Bunkering Holding CO. (Cyprus) Ltd. (100%).
Directors
According to the 2025 annual accounts
Alistair Cross
Director
since 2025 · until 2030
Vicki Van Ballegooijen
Director
since 2025 · until 2030
Shareholders
Minerva Bunkering Holding CO. (Cyprus) Ltd.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Scheldelaan 470
2040 Antwerpen
Ruiterijschool 1
2930 Brasschaat
Active since 1 October 1972
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0412.527.142
- VAT number
- BE 0412.527.142
- Registered office
- Scheldelaan 470, 2040 Antwerpen
- Names & denominations
- MINERVA NWE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1972
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Logistieke diensten
Binnenvaart
Overige vervoerondersteunende activiteiten
Goederenvervoer over binnenwateren
Vrachtbehandeling in zeehavens
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen