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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MINERVA from Gent, company number BE0435131013, closed financial year 2025 with a result of € -10,453 after tax. For that financial year MINERVA recorded a gross margin of € 4,769 and equity of € -15,388. Compared with financial year 2024, the result moved from € -17,405 to € -10,453. 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 April 29, 2026.
€ -15,388
▼ € 10,453 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,453
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,375.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,066
▼ 25% 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.
€ 3,233
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 647
▲ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,510 | € -3,876 | € -1,159 | € 4,769 | ▲ € 5,928 |
| Profit after taxes | € 4,144 | € -15,787 | € -17,405 | € -10,453 | ▲ € 6,952 |
| Equity | € 28,256 | € 12,469 | € -4,936 | € -15,388 | ▼ € 10,453 |
| Total debts | € 20,116 | € 20,535 | € 45,437 | € 47,285 | ▲ 4% |
| Cash | € 752 | € 1,162 | € 9 | € 8 | ▼ 13% |
| Retained profit | € -2,731 | € -18,518 | € -35,922 | € -46,375 | ▼ € 10,453 |
| Bank debt | € 12,397 | € 4,693 | € 5 | € 0 | ▼ 100% |
| Balance sheet total | € 48,372 | € 33,004 | € 40,502 | € 31,897 | ▼ 21% |
Key figures of MINERVA, 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 MINERVA?
What happened at MINERVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,453. Source: NBB ↗
- Catlyn Dias became a director. NBB
- Jan Beukers stepped down as director. NBB
- Jan Beukers became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,144 profit in 2022 to € 10,453 loss in 2025.
Paid € 4,355 in corporate taxes since 2022.
Best year ever: 2022, with € 4,144 profit.
Management
Behind MINERVA is Catlyn Dias.
Directors
According to the 2025 annual accounts
Catlyn Dias
Director
since 2025
Jan Beukers
Director
since 2006 · until 2025
Establishments
Establishment units
Physical locations of this company
Kouter 7B3
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.131.013
- VAT number
- BE 0435.131.013
- Registered office
- Kouter 7B3, 9000 Gent
- Names & denominations
- MINERVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 1988
- Peppol
- Not registered