Financials
Financial year 2025
MEUBELMAKERIJ MINNE from Izegem, company number BE0422449351, closed financial year 2025 with a result of € 93,683 after tax. For that financial year MEUBELMAKERIJ MINNE recorded a gross margin of € 455,474 and equity of € 594,908. Compared with financial year 2024, the result moved from € 115,157 to € 93,683. 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 31, 2026.
€ 594,908
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,683
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 190,961
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 52,737 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 316,931
▼ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,188
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 140,625
▲ € 124,927 vs 2024
€ 18,750 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 87,870
▲ 134% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,958
▼ 69% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 447,378 | € 495,751 | € 586,861 | € 455,474 | ▼ 22% |
| Profit after taxes | € 34,710 | € 36,680 | € 115,157 | € 93,683 | ▼ 19% |
| Equity | € 442,767 | € 479,447 | € 556,678 | € 594,908 | ▲ 7% |
| Total debts | € 194,462 | € 125,585 | € 132,976 | € 294,190 | ▲ 121% |
| Cash | € 104,543 | € 115,444 | € 350,841 | € 190,961 | ▼ 46% |
| Land & buildings | € 207,269 | € 176,185 | € 156,040 | € 486,422 | ▲ 212% |
| Retained profit | € 361,675 | € 398,355 | € 475,586 | € 513,816 | ▲ 8% |
| Dividend | € 0 | € 0 | € 37,926 | € 52,737 | ▲ 39% |
| Bank debt | € 69,666 | € 39,463 | € 15,698 | € 140,625 | ▲ € 124,927 |
| Balance sheet total | € 637,229 | € 605,032 | € 689,655 | € 889,098 | ▲ 29% |
| Employees (FTE) | 5.5 | 5.9 | - | - |
Key figures of MEUBELMAKERIJ MINNE, 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 MEUBELMAKERIJ MINNE?
What happened at MEUBELMAKERIJ MINNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93,683 (▼ 19% vs 2024). Source: NBB ↗
- Jose Minne became a director. NBB
- Karel Minne became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ledegem. KBO
In short
From € 34,710 profit in 2022 to € 93,683 profit in 2025.
Paid € 98,391 in corporate taxes since 2022.
Best year ever: 2024, with € 115,157 profit.
On average € 84,000 of value added per employee in 2023.
Management
Behind MEUBELMAKERIJ MINNE are Jose Minne and Karel Minne.
Directors
According to the 2025 annual accounts
Jose Minne
Bestuurder
since 2020
Karel Minne
Bestuurder
since 2020
Establishments
Establishment units
Physical locations of this company
Schoolstraat 52
8870 Izegem
't Lindeke 16
8880 Ledegem
Active since 1 January 1982
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
- 0422.449.351
- VAT number
- BE 0422.449.351
- Registered office
- Schoolstraat 52, 8870 Izegem
- Names & denominations
- MEUBELMAKERIJ MINNE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1982
- Peppol
- Active · Active since 18 Nov 2024
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Schrijnwerk
Schrijnwerk van hout of van kunststof