Financials
Financial year 2025
Minerva from Kampenhout, company number BE0770555924, closed financial year 2025 with a result of € 43,489 after tax. For that financial year Minerva recorded a gross margin of € 81,757 and equity of € 206,453. Compared with financial year 2024, the result moved from € 85,554 to € 43,489. The company is profitable. 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 September 30, 2026.
€ 206,453
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,489
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 75,449
▲ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7,000 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 211,349
▼ 4% vs 2024
€ 8,704 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 920
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,154
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,195 | € 117,738 | € 131,805 | € 81,757 | ▼ 38% |
| Profit after taxes | € 46,448 | € 37,861 | € 85,554 | € 43,489 | ▼ 49% |
| Equity | € 46,548 | € 84,409 | € 169,964 | € 206,453 | ▲ 21% |
| Total debts | € 45,917 | € 361,147 | € 271,398 | € 269,588 | ▼ 1% |
| Cash | € 84,433 | € 45,863 | € 44,715 | € 75,449 | ▲ 69% |
| Land & buildings | - | € 387,598 | € 384,521 | € 386,072 | |
| Retained profit | € 46,448 | € 84,309 | € 169,864 | € 206,353 | ▲ 21% |
| Dividend | € 0 | € 0 | € 0 | € 7,000 | |
| Bank debt | € 0 | € 308,953 | € 219,720 | € 211,349 | ▼ 4% |
| Balance sheet total | € 92,465 | € 445,556 | € 441,362 | € 476,041 | ▲ 8% |
Key figures of Minerva, 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 Minerva?
What happened at Minerva in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,489 (▼ 49% vs 2024). filed late Source: NBB ↗
- New establishment in Kraainem. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,448 profit in 2022 to € 43,489 profit in 2025.
Paid € 68,613 in corporate taxes since 2022.
Best year ever: 2024, with € 85,554 profit.
Paid out € 7,000 in dividends to the owners in total.
Management
Behind Minerva is Kapil Shyam Lokare. Kapil Shyam Lokare is also behind TERRA MATER.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rood-Kloosterlaan 23
1910 Kampenhout
Sint Pancratiuslaan 21 box 3
1950 Kraainem
Active since 30 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.555.924
- VAT number
- BE 0770.555.924
- Registered office
- Rood-Kloosterlaan 23, 1910 Kampenhout
- Names & denominations
- Minerva
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2021
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
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