Active · per the CBE, 30 October 2026

MINIVOS

BE0770556221

Rechtspersoon Private limited company 1 establishment

MINIVOS is a hospitality business in Ternat. Private Limited, started on 30 June 2021, 1 establishment.

Kerkstraat 5, 1742 Ternat

Behind the company: Tim Michels BV.

Active for

5 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MINIVOS from Ternat, company number BE0770556221, closed financial year 2025 with a result of € -7,062 after tax. For that financial year MINIVOS recorded a gross margin of € 84,326 and equity of € -49,204. Compared with financial year 2024, the result moved from € -41,754 to € -7,062. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Caution

€ -49,204

▼ € 7,062 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7,062

▲ 83 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,526

▲ 8% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -50,204.

People and assets in 2025

Wage cost

€ 56,717

▲ 27% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 294

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go

€ 174,499

▼ 7% vs 2024

€ 14,253 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 28,206

▼ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 11,534

▼ 34% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 68,744 € 99,058 € 36,917 € 84,326 ▲ 128%
Profit after taxes € 1,749 € 4,736 € -41,754 € -7,062 ▲ € 34,692
Equity € -5,124 € -388 € -42,142 € -49,204 ▼ € 7,062
Total debts € 402,768 € 405,356 € 378,771 € 342,301 ▼ 10%
Cash € 24,158 € 18,042 € 20,787 € 22,526 ▲ 8%
Land & buildings € 196,504 € 176,621 € 163,288 € 149,954 ▼ 8%
Retained profit € -6,124 € -1,388 € -43,142 € -50,204 ▼ € 7,062
Bank debt € 216,020 € 202,383 € 188,295 € 174,499 ▼ 7%
Balance sheet total € 397,644 € 404,968 € 336,629 € 293,097 ▼ 13%

Key figures of MINIVOS, 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 MINIVOS?

What happened at MINIVOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 7,062. filed late Source: NBB ↗
  • New establishment in Ternat. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1,749 profit in 2022 to € 7,062 loss in 2025.

Paid € 507 in corporate taxes since 2022.

Best year ever: 2023, with € 4,736 profit.

Management

The stake of TIM MICHELS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MINIVOS

Behind MINIVOS is Tim Michels BV. The shares are held by TIM MICHELS (50%).

Directors

According to the 2025 annual accounts

Tim Michels BV

Director · represented by Tim Michels

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kerkstraat 5

1742 Ternat

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0770.556.221
VAT number
BE 0770.556.221
Registered office
Kerkstraat 5, 1742 Ternat
Names & denominations
MINIVOS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 June 2021
Peppol
Active · Active since 4 Dec 2025
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Cafés en bars

Eetgelegenheden met beperkte bediening

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does MINIVOS do?
MINIVOS is a hospitality business in Ternat. Private Limited, started on 30 June 2021, 1 establishment.
What is the address of MINIVOS?
The registered office of MINIVOS is located at Kerkstraat 5, 1742 Ternat.
Is MINIVOS still active?
Yes. According to the CBE (30 October 2026) MINIVOS is active, legal situation “Normale toestand”, started on 30 June 2021.
Is MINIVOS registered on Peppol?
Yes, MINIVOS is registered on the Peppol network with ID 0208:0770556221.
What is the enterprise number of MINIVOS?
The enterprise number of MINIVOS is BE0770556221.
When was MINIVOS founded?
MINIVOS was founded on 30 June 2021.