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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MINNEGOED WINES from Brakel, company number BE0668370877, closed financial year 2025 with a result of € 29,762 after tax. For that financial year MINNEGOED WINES recorded a gross margin of € 146,073 and equity of € 195,376. Compared with financial year 2024, the result moved from € 17,159 to € 29,762. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 195,376
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,762
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 95,781
▲ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.1
Average over the fiscal year, from the social balance sheet.
€ 27,738
▲ 198% vs 2024
€ 25,200 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.
€ 2,159
▲ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 331,149
▲ 54% vs 2024
€ 29,636 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 27,035
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,367
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,855 | € 143,516 | € 102,748 | € 146,073 | ▲ 42% |
| Profit after taxes | € 82,003 | € 51,676 | € 17,159 | € 29,762 | ▲ 73% |
| Equity | € 284,379 | € 336,054 | € 353,214 | € 195,376 | ▼ 45% |
| Total debts | € 631,569 | € 626,090 | € 572,966 | € 663,704 | ▲ 16% |
| Cash | € 69,348 | € 62,657 | € 55,057 | € 95,781 | ▲ 74% |
| Land & buildings | € 104,376 | € 119,515 | € 119,974 | € 127,563 | ▲ 6% |
| Retained profit | € 278,179 | € 329,854 | € 347,014 | € 176,776 | ▼ 49% |
| Dividend | € 0 | € 0 | € 0 | € 200,000 | |
| Bank debt | € 236,245 | € 219,651 | € 215,202 | € 331,149 | ▲ 54% |
| Balance sheet total | € 915,948 | € 962,145 | € 926,179 | € 859,080 | ▼ 7% |
| Employees (FTE) | 1.8 | - | 1.1 | 1.1 |
Key figures of MINNEGOED WINES, 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 MINNEGOED WINES?
What happened at MINNEGOED WINES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,762 (▲ 73% vs 2024). Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,003 profit in 2022 to € 29,762 profit in 2025.
Paid € 58,517 in corporate taxes since 2022.
Best year ever: 2022, with € 82,003 profit.
On average € 132,800 of value added per employee in 2025.
Management
Behind MINNEGOED WINES are Debora Vanhaelewijn and Frederick Goeminne. Frederick Goeminne is also behind GSM INVEST.
Directors
According to the 2025 annual accounts
Debora Vanhaelewijn
Director
Establishments
Establishment units
Physical locations of this company
Ronsesestraat 142
9660 Brakel
Ninoofsesteenweg 543
9600 Ronse
Active since 22 December 2016
Oude Steenweg 16
9500 Geraardsbergen
Active since 1 February 2017
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
- 0668.370.877
- VAT number
- BE 0668.370.877
- Registered office
- Ronsesestraat 142, 9660 Brakel
- Names & denominations
- MINNEGOED WINES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2016
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Eetgelegenheden met volledige bediening
Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen
Organisatie van congressen en beurzen
Groothandel in dranken, algemeen assortiment
Detailhandel in wijnen en geestrijke dranken
Catering van evenementen
+2