Financials
Financial year 2025
Minard from Gent, company number BE0451772550, closed financial year 2025 with a result of € 4,804 after tax. For that financial year Minard recorded a gross margin of € 645,162 and equity of € 385,824. Compared with financial year 2024, the result moved from € 18,676 to € 4,804. 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 June 22, 2026.
€ 385,824
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,804
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 489,586
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
16.6
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 591,994
▲ 4% vs 2024
€ 35,700 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.
€ 9,435
▼ 52% 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.
€ 30,670
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,664
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 619,610 | € 645,162 | ▲ 4% |
| Profit after taxes | € 18,676 | € 4,804 | ▼ 74% |
| Equity | € 381,020 | € 385,824 | ▲ 1% |
| Total debts | € 158,009 | € 104,886 | ▼ 34% |
| Cash | € 538,744 | € 489,586 | ▼ 9% |
| Retained profit | € 381,020 | € 385,824 | ▲ 1% |
| Balance sheet total | € 696,308 | € 647,990 | ▼ 7% |
| Employees (FTE) | 14.9 | 16.6 | ▲ 1.7 |
Key figures of Minard, fiscal years 2024 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 Minard?
What happened at Minard in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,804 (▼ 74% vs 2024). Source: NBB ↗
- Franky Devos became a director. NBB
- Leen Van Welden became a director. NBB
- Daan Vander Steene stepped down as director. NBB
- F. Devos stepped down as director. NBB
- Ilse Delmeire became a director. NBB
- Daan Vander Steene became a director. NBB
- F. Devos became a director. NBB
In short
From € 18,676 profit in 2024 to € 4,804 profit in 2025.
Paid € 1,272 in corporate taxes since 2024.
Best year ever: 2024, with € 18,676 profit.
On average € 38,900 of value added per employee in 2025.
Management
Behind Minard are Ilse Delmeire, Franky Devos and Leen Van Welden. Ilse Delmeire is also behind MUSICA, Overleg Kunstenorganisaties, VLAAMS AUDIOVISUEEL FONDS and Tickets Gent. Franky Devos is also behind Konekt, Brake-Out, Gents Kunstenoverleg, Muziekclub Wintercircus and Platform-K.
Directors
According to the 2025 annual accounts
Ilse Delmeire
Penningmeester
Also active at: MUSICA, Overleg Kunstenorganisaties, VLAAMS AUDIOVISUEEL FONDS, Tickets Gent
since 2022
Franky Devos
Chairman of the board
Also active at: Konekt, Brake-Out, Gents Kunstenoverleg, Muziekclub Wintercircus, Platform-K
since 2025
Leen Van Welden
Secretaris
since 2025
Daan Vander Steene
Chairman of the board
Also active at: Overleg Kunstenorganisaties, Tickets Gent, DVS Inc
since 2022 · until 2025
F. Devos
Director
since 2021 · until 2025
Establishments
Establishment units
Physical locations of this company
Korianderstraat 13
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
- 0451.772.550
- VAT number
- BE 0451.772.550
- Registered office
- Korianderstraat 13, 9000 Gent
- Names & denominations
- Minard
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 17 December 1993
- Peppol
- Active · Active since 27 Oct 2026
- Activities · NACE
Exploitatie van schouwburgen, concertzalen en dergelijke
Cafés en bars