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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MINCO from Glabbeek, company number BE0438351314, closed financial year 2025 with a result of € 7,935 after tax. For that financial year MINCO recorded a gross margin of € 14,126 and equity of € 9,918. Compared with financial year 2024, the result moved from € 27,479 to € 7,935. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 9,918
▲ € 7,935 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,935
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 28,679
▲ 34% 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 € -123,178.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,046 | € 5,464 | € 34,098 | € 14,126 | ▼ 59% |
| Profit after taxes | € 2,112 | € -1,747 | € 27,479 | € 7,935 | ▼ 71% |
| Equity | € -23,749 | € -25,496 | € 1,983 | € 9,918 | ▲ € 7,935 |
| Total debts | € 156,337 | € 155,984 | € 139,936 | € 139,618 | |
| Cash | € 11,241 | € 10,206 | € 21,352 | € 28,679 | ▲ 34% |
| Land & buildings | € 120,404 | € 119,984 | € 118,100 | € 118,333 | |
| Retained profit | € -156,845 | € -158,592 | € -131,113 | € -123,178 | ▲ € 7,935 |
| Balance sheet total | € 132,588 | € 130,488 | € 141,919 | € 149,536 | ▲ 5% |
Key figures of MINCO, 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 MINCO?
What happened at MINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean Chaltin stepped down as director. NBB
- Godelieve Nys stepped down as director. NBB
- Deborah Bergmans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 7,935 (▼ 71% vs 2024). filed late Source: NBB ↗
- Jean Chaltin became a director. NBB
- Godelieve Nys became a director. NBB
- Deborah Bergmans became a director. NBB
- New establishment in Bierbeek. KBO
In short
From € 2,112 profit in 2022 to € 7,935 profit in 2025.
Best year ever: 2024, with € 27,479 profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Lindestraat 2A
3380 Glabbeek
Culostraat(OPV) 44
3360 Bierbeek
Active since 4 February 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.351.314
- VAT number
- BE 0438.351.314
- Registered office
- Lindestraat 2A, 3380 Glabbeek
- Names & denominations
- MINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1989
- Peppol
- Active · Active since 12 May 2026