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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Two loss years in a row NBB
Negative result in 2024 and 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
MINAS TIRITH from Silly, company number BE0452292192, closed financial year 2025 with a result of € -10,892 after tax. For that financial year MINAS TIRITH recorded a gross margin of € 1,958 and equity of € 64,071. Compared with financial year 2024, the result moved from € -2,485 to € -10,892. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 64,071
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,892
▼ 338 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,839
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 45,479.
People and assets in 2025
€ 8,631
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,221
▼ 22% vs 2024
€ 5,774 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,072
▲ 181% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,951 | € 7,451 | € 12,665 | € 1,958 | ▼ 85% |
| Profit after taxes | € 29,014 | € 3,152 | € -2,485 | € -10,892 | ▼ € 8,407 |
| Equity | € 74,297 | € 77,448 | € 74,963 | € 64,071 | ▼ 15% |
| Total debts | € 3,175 | € 16,386 | € 26,547 | € 24,689 | ▼ 7% |
| Cash | € 32,597 | € 11,732 | € 7,780 | € 2,839 | ▼ 64% |
| Land & buildings | € 31,034 | € 60,184 | € 56,363 | € 52,553 | ▼ 7% |
| Retained profit | € 55,705 | € 58,856 | € 56,371 | € 45,479 | ▼ 19% |
| Bank debt | € 0 | € 15,489 | € 24,648 | € 19,221 | ▼ 22% |
| Balance sheet total | € 77,472 | € 93,834 | € 101,510 | € 88,761 | ▼ 13% |
Key figures of MINAS TIRITH, 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 MINAS TIRITH?
What happened at MINAS TIRITH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,892. Source: NBB ↗
- Jeanine SMET became a director. NBB
- Ganaële VAN BASSELAERE became a director. NBB
- New establishment in Silly. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,014 profit in 2022 to € 10,892 loss in 2025.
Best year ever: 2022, with € 29,014 profit.
Management
Behind MINAS TIRITH are Jeanine SMET and Ganaële VAN BASSELAERE.
Directors
According to the 2025 annual accounts
Jeanine SMET
Managing director
since 2016
Ganaële VAN BASSELAERE
Managing director
since 2016
Establishments
Establishment units
Physical locations of this company
Rue Carmois(Silly) 99
7830 Silly
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.292.192
- VAT number
- BE 0452.292.192
- Registered office
- Rue Carmois(Silly) 99, 7830 Silly
- Names & denominations
- MINAS TIRITH
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 15 March 1994
- Peppol
- Not registered