Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Minicopal from Elsene, company number BE0732987032, closed financial year 2025 with a result of € 369,580 after tax. For that financial year Minicopal recorded a gross margin of € 533,112 and equity of € 10,000. Compared with financial year 2024, the result moved from € 288,875 to € 369,580. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2026.
€ 10,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 369,580
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 223,798
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 369,580 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 7,471
▼ 48% 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.
€ 8,761
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,394
▲ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 285,800 | € 316,980 | € 450,951 | € 533,112 | ▲ 18% |
| Profit after taxes | € 196,414 | € 207,652 | € 288,875 | € 369,580 | ▲ 28% |
| Equity | € 54,945 | € 62,596 | € 10,000 | € 10,000 | |
| Total debts | € 338,847 | € 222,315 | € 353,642 | € 391,736 | ▲ 11% |
| Cash | € 248,687 | € 116,259 | € 219,713 | € 223,798 | ▲ 2% |
| Retained profit | € 49,945 | € 57,596 | € 5,000 | € 5,000 | |
| Dividend | € 300,000 | € 200,000 | € 341,472 | € 369,580 | ▲ 8% |
| Balance sheet total | € 393,791 | € 284,912 | € 363,642 | € 401,736 | ▲ 10% |
Key figures of Minicopal, 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 Minicopal?
What happened at Minicopal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 369,580 (▲ 28% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 196,414 profit in 2022 to € 369,580 profit in 2025.
Paid € 387,440 in corporate taxes since 2022.
Best year ever: 2025, with € 369,580 profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
Behind Minicopal is Philippe CAMPOLINI. It owns STIBBE itself.
Directors
According to the 2025 annual accounts
Philippe CAMPOLINI
Director
Establishments
Establishment units
Physical locations of this company
Zwemkunststraat 35
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0732.987.032
- VAT number
- BE 0732.987.032
- Registered office
- Zwemkunststraat 35, 1050 Elsene
- Names & denominations
- Minicopal
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2019
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Activiteiten van advocaten