Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MINE & CO from Aywaille, company number BE0432764114, closed financial year 2025 with a result of € 40,625 after tax. For that financial year MINE & CO recorded a gross margin of € 275,417 and equity of € 923,448. Compared with financial year 2024, the result moved from € 26,313 to € 40,625. Profitable, and profit is growing. 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 3, 2026.
€ 923,448
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,625
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 57,141
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,000 paid out
49 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 132,360
€ 66,200 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.
€ 4,500
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 690,000
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 265,558
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,992
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 387,436 | € 460,352 | € 295,881 | € 275,417 | ▼ 7% |
| Profit after taxes | € 106,586 | € 148,965 | € 26,313 | € 40,625 | ▲ 54% |
| Equity | € 802,545 | € 896,510 | € 902,823 | € 923,448 | ▲ 2% |
| Total debts | € 2,682,544 | € 1,764,346 | € 1,442,760 | € 1,105,357 | ▼ 23% |
| Cash | € 262,327 | € 277,396 | € 171,546 | € 57,141 | ▼ 67% |
| Land & buildings | € 616,520 | € 90,797 | € 76,035 | € 61,273 | ▼ 19% |
| Retained profit | € 737,545 | € 831,510 | € 837,823 | € 858,448 | ▲ 2% |
| Dividend | € 50,000 | € 55,000 | € 20,000 | € 20,000 | |
| Bank debt | € 1,590,912 | € 1,141,797 | € 802,036 | € 690,000 | ▼ 14% |
| Balance sheet total | € 3,485,089 | € 2,660,856 | € 2,345,583 | € 2,028,805 | ▼ 14% |
| Employees (FTE) | 4.2 | 2.7 | 3 | 2 | ▼ 1 |
Key figures of MINE & CO, 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 MINE & CO?
What happened at MINE & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,625 (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,586 profit in 2022 to € 40,625 profit in 2025.
Paid € 132,529 in corporate taxes since 2022.
Best year ever: 2023, with € 148,965 profit.
On average € 137,700 of value added per employee in 2025.
Management
Behind MINE & CO is MARC MINE.
Directors
According to the 2025 annual accounts
MARC MINE
Managing director
Establishments
Establishment units
Physical locations of this company
Rue de Xhoris 4A
4920 Aywaille
Rue de Xhoris 22
4920 Aywaille
Active since 24 December 1987
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.764.114
- VAT number
- BE 0432.764.114
- Registered office
- Rue de Xhoris 4A, 4920 Aywaille
- Names & denominations
- MINE & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1987
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)