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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Shrinking team NBB
FTE fell two years in a row, from 4.9 to 3.
Financials
Financial year 2025
MINIGRIP DEVELOPMENT from Enghien, company number BE0697838487, closed financial year 2025 with a result of € 100,558 after tax. For that financial year MINIGRIP DEVELOPMENT recorded a gross margin of € 374,175 and equity of € 1 million. Compared with financial year 2024, the result moved from € 53,469 to € 100,558. Profitable, and profit is growing. 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 July 6, 2026.
€ 1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 100,558
▲ 88% vs 2024
Profit after tax over the fiscal year.
€ 411,191
▼ 7% 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 € 945,272.
People and assets in 2025
3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 249,961
▼ 12% vs 2024
€ 83,300 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.
€ 319
▼ 89% 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.
€ 35,884
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,645
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 504,235 | € 332,994 | € 351,229 | € 374,175 | ▲ 7% |
| Profit after taxes | € 100,086 | € -26,932 | € 53,469 | € 100,558 | ▲ 88% |
| Equity | € 919,471 | € 892,539 | € 946,008 | € 1,046,565 | ▲ 11% |
| Total debts | € 68,689 | € 62,407 | € 101,432 | € 67,529 | ▼ 33% |
| Cash | € 297,437 | € 261,703 | € 444,044 | € 411,191 | ▼ 7% |
| Retained profit | € 818,178 | € 791,246 | € 844,715 | € 945,272 | ▲ 12% |
| Balance sheet total | € 988,160 | € 954,945 | € 1,047,439 | € 1,114,094 | ▲ 6% |
| Employees (FTE) | 5.5 | 4.9 | 3.4 | 3 | ▼ 0.4 |
Key figures of MINIGRIP DEVELOPMENT, 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 MINIGRIP DEVELOPMENT?
What happened at MINIGRIP DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 100,558 (▲ 88% vs 2024). Source: NBB ↗
- S2F FLEXICO SARL S. Etr. stepped down as director. NBB
- FLEXICO SARL S. Etr. became a director. NBB
- S2F FLEXICO SARL S. Etr. became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,086 profit in 2022 to € 100,558 profit in 2025.
Paid € 91,757 in corporate taxes since 2022.
Best year ever: 2025, with € 100,558 profit.
On average € 124,700 of value added per employee in 2025.
Management
Behind MINIGRIP DEVELOPMENT is FLEXICO SARL S. Etr..
Directors
According to the 2025 annual accounts
FLEXICO SARL S. Etr.
Director · represented by Karine SCHAEFER
since 2023
S2F FLEXICO SARL S. Etr.
Director · represented by Isabelle MOULIN
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Ilya Prigoginestraat 17
7850 Enghien
Industrielaan 27 box 2
9320 Aalst
Active since 12 June 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.838.487
- VAT number
- BE 0697.838.487
- Registered office
- Ilya Prigoginestraat 17, 7850 Enghien
- Names & denominations
- MINIGRIP DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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