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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MINERVA CAPITAL from Ukkel, company number BE0666420880, closed financial year 2025 with a result of € -2,377 after tax. For that financial year MINERVA CAPITAL recorded a gross margin of € -1,680 and equity of € 60,632. Compared with financial year 2024, the result moved from € -2,147 to € -2,377. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 60,632
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,377
▼ 11 % more loss than in 2024
Profit after tax over the fiscal year.
€ 864
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,632.
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 | € 41,125 | € -4,115 | € -895 | € -1,680 | ▼ € 784 |
| Profit after taxes | € 30,213 | € -5,089 | € -2,147 | € -2,377 | ▼ € 231 |
| Equity | € 70,246 | € 65,156 | € 63,009 | € 60,632 | ▼ 4% |
| Total debts | € 10,868 | € 61,606 | € 90,000 | € 118,500 | ▲ 32% |
| Cash | € 53,361 | € 4,094 | € 7,744 | € 864 | ▼ 89% |
| Retained profit | € 50,246 | € 45,156 | € 43,009 | € 40,632 | ▼ 6% |
| Balance sheet total | € 81,114 | € 126,762 | € 153,009 | € 179,132 | ▲ 17% |
Key figures of MINERVA CAPITAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MINERVA CAPITAL?
What happened at MINERVA CAPITAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,377. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Jean-Baptiste ORTMANS became a director. NBB
- Laurent VANHOUTE became a director. NBB
In short
From € 30,213 profit in 2022 to € 2,377 loss in 2025.
Paid € 10,450 in corporate taxes since 2022.
Best year ever: 2022, with € 30,213 profit.
Management
Behind MINERVA CAPITAL are Jean-Baptiste ORTMANS and Laurent VANHOUTE. Jean-Baptiste ORTMANS is also behind Centrimmo, SPARRENHOF INVEST and Bostocap Group.
Directors
According to the 2025 annual accounts
since 2016
Laurent VANHOUTE
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1595
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 326,866 gross margin · 2025
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€ -199,002 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0666.420.880
- VAT number
- BE 0666.420.880
- Registered office
- Waterloosesteenweg 1595, 1180 Ukkel
- Names & denominations
- MINERVA CAPITAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2016
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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