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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mian Brothers from Gent, company number BE0786311395, closed financial year 2025 with a result of € 18,091 after tax. For that financial year Mian Brothers recorded a gross margin of € 115,372 and equity of € -231,587. Compared with financial year 2024, the result moved from € -85,240 to € 18,091. Profitable, and profit is growing. 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 September 21, 2026.
€ -231,587
▲ € 18,091 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,091
▲ still € 85,240 loss in 2024
Profit after tax over the fiscal year.
€ 364
▼ 99% 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 € -231,587.
People and assets in 2025
€ 84,729
▼ 15% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 58,517
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,993
▲ € 22,702 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -29,339 | € -88,638 | € 25,494 | € 115,372 | ▲ € 89,878 |
| Profit after taxes | € -29,392 | € -135,046 | € -85,240 | € 18,091 | ▲ € 103,331 |
| Equity | € -29,392 | € -164,439 | € -249,679 | € -231,587 | ▲ € 18,091 |
| Total debts | € 30,097 | € 229,490 | € 347,705 | € 354,709 | ▲ 2% |
| Cash | - | € 20,037 | € 38,684 | € 364 | ▼ 99% |
| Land & buildings | - | - | € 19,371 | € 17,271 | ▼ 11% |
| Retained profit | € -29,392 | € -164,439 | € -249,679 | € -231,587 | ▲ € 18,091 |
| Bank debt | € 51 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 705 | € 65,051 | € 98,027 | € 123,122 | ▲ 26% |
Key figures of Mian Brothers, 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 Mian Brothers?
What happened at Mian Brothers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,091. filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Wetteren. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 29,392 loss in 2022 to € 18,091 profit in 2025.
Best year ever: 2025, with € 18,091 profit.
Establishments
Establishment units
Physical locations of this company
Absdalestraat 2
9041 Gent
Felix Beernaertsplein 59/60
9230 Wetteren
Active since 21 June 2022
Nieuwevaart 125
9000 Gent
Active since 17 May 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Ishfaq Akhtar(oprichter) 70%
- Iram Razaq(oprichter) 30%
Details
- Company number
- 0786.311.395
- VAT number
- BE 0786.311.395
- Registered office
- Absdalestraat 2, 9041 Gent
- Names & denominations
- Mian Brothers
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2022
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in dranken, algemeen assortiment
Detailhandel in tabaksproducten