Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 62 to 49.8.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MEUBELFABRIEKEN KAREL MINTJENS from Malle, company number BE0432377203, closed financial year 2025 with a result of € -3.2 million after tax. For that financial year MEUBELFABRIEKEN KAREL MINTJENS recorded a gross margin of € 964,182 and equity of € -10.2 million. Compared with financial year 2024, the result moved from € -3.8 million to € -3.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -10.2 million
▲ € 14.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.2 million
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 43,650
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37.7 million.
People and assets in 2025
49.8
▼ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 5% vs 2024
€ 68,000 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.
€ 212,606
▼ 26% vs 2024
Of which on lease € 200,000.
Debts at end 2025
€ 485,978
▼ 97% vs 2024
€ 80,326 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3.9 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 478,042
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,201,420 | € 3,352,693 | € 3,447,286 | - | |
| Gross margin | - | - | - | € 964,182 | |
| Profit after taxes | € -4,754,728 | € -4,837,332 | € -3,818,077 | € -3,192,054 | ▲ € 626,023 |
| Equity | € -15,800,804 | € -20,638,136 | € -24,456,214 | € -10,164,770 | ▲ € 14.3 million |
| Total debts | € 19,666,175 | € 23,453,576 | € 26,404,931 | € 11,351,115 | ▼ 57% |
| Cash | € 81,970 | € 44,451 | € 65,991 | € 43,650 | ▼ 34% |
| Land & buildings | € 816 | € 9,583 | € 7,406 | € 5,229 | ▼ 29% |
| Retained profit | € -25,864,822 | € -30,702,154 | € -34,520,231 | € -37,712,285 | ▼ € 3.2 million |
| Bank debt | € 10,463,909 | € 13,453,054 | € 15,715,725 | € 485,978 | ▼ 97% |
| Balance sheet total | € 5,350,135 | € 4,267,616 | € 3,406,655 | € 2,708,484 | ▼ 20% |
| Employees (FTE) | 71.4 | 62 | 54.9 | 49.8 | ▼ 5.1 |
Key figures of MEUBELFABRIEKEN KAREL MINTJENS, 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 MEUBELFABRIEKEN KAREL MINTJENS?
What happened at MEUBELFABRIEKEN KAREL MINTJENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KCM-Beheer NV stepped down as director. NBB
- MTC NV stepped down as director. NBB
- FVDH Beheer BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.2 million. filed late Source: NBB ↗
- MTC NV became a director. NBB
- FVDH Beheer BV became a director. NBB
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.8 million loss in 2022 to € 3.2 million loss in 2025.
Paid € 3,461 in corporate taxes since 2022.
On average € 19,400 of value added per employee in 2025.
A new publication or filing at MEUBELFABRIEKEN KAREL MINTJENS? We notify you, reason included.
Follow MEUBELFABRIEKEN KAREL MINTJENSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 stake of Ehkam, Mintjens Group, Meubelhoutimport Edm. De Decker comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEUBELFABRIEKEN KAREL MINTJENSThe shares are held by Ehkam (52.5%), Mintjens Group (22.3%) and Meubelhoutimport Edm. De Decker (16.7%).
Directors
According to the 2025 annual accounts
Managing director · represented by Carl Mintjens
Also active at: Compagnie Nationale de Triplex, Ehkam, COMPAGNIE INTERNATIONALE DES BOIS, M.T.C., Mintjens Group, MMooD, Mintery
· until 2029
Director · represented by Verena Van Bavel
Also active at: Compagnie Nationale de Triplex, Meubelhoutimport Edm. De Decker, Ehkam, Mintjens Group, MMooD
since 2020 · until 2029
Director · represented by Francis Vanderhoydonck
Also active at: MWM Immo, Biesmans Group, RESILUX, DECOMECC, KATPAT, M Services, VIVIRADIO, QUVADEC +4 more
since 2020 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meirenstraat 8
2390 Malle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Compagnie Nationale de Triplex same network
Meubelhoutimport Edm. De Decker same network
€ 79,774 revenue · 2025
Ehkam same network
€ 828,496 revenue · 2025
COMPAGNIE INTERNATIONALE DES BOIS same network
€ 266,081 gross margin · 2025
ARBONEO
€ 621,245 gross margin · 2024
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.377.203
- VAT number
- BE 0432.377.203
- Registered office
- Meirenstraat 8, 2390 Malle
- Names & denominations
- MEUBELFABRIEKEN KAREL MINTJENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1987
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Overige niet-gespecialiseerde detailhandel
Vervaardiging van keukenmeubelen
Vervaardiging van andere meubelen, neg
Overige detailhandel in nieuwe artikelen neg
Vervaardiging van andere artikelen van hout
Vervaardiging van tuin- en terrasmeubelen
+2