What does MINOTAURUS do?

MINOTAURUS is a hotel in Sint-Gillis (bij-Brussel). Public Limited, started on 11 January 2011, 1 establishment.

What is the address of MINOTAURUS?

The registered office of MINOTAURUS is located at Victor Hortaplein 1, 1060 Sint-Gillis (bij-Brussel).

Is MINOTAURUS still active?

Yes. According to the CBE (29 October 2026) MINOTAURUS is active, legal situation “Normale toestand”, started on 11 January 2011.

Is MINOTAURUS registered on Peppol?

Yes, MINOTAURUS is registered on the Peppol network with ID 0208:0832663935.

What is the enterprise number of MINOTAURUS?

The enterprise number of MINOTAURUS is BE0832663935.

When was MINOTAURUS founded?

MINOTAURUS was founded on 11 January 2011.

Who are the directors of MINOTAURUS?

According to the 2025 annual accounts, the directors of MINOTAURUS are: FRANKRIJK INVEST SA, HOTEPAR SA, BOISSEE FINANCES SAS, SOCIETE HE SÀRL, BETWEEN SRL.

Is MINOTAURUS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 January 2011; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did MINOTAURUS make in 2025?

MINOTAURUS recorded a loss after taxes of € 23,459 in financial year 2025.

What is the revenue of MINOTAURUS?

In its most recent annual accounts (2025), MINOTAURUS reported revenue of € 13,023,909.

How much does an employee at MINOTAURUS earn?

The average wage cost per full-time employee at MINOTAURUS was € 61,200 in 2025: staff costs of € 3.4 million for 54.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MINOTAURUS have?

According to the 2025 annual accounts, MINOTAURUS has 54.9 full-time equivalents (FTE).

MINOTAURUS (Public Limited) - Sint-Gillis (bij-Brussel)

Dossier MINOTAURUS, printed on 29 October 2026 from databakkes.be/en/0832663935/minotaurus. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 50 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022, 2023, 2024.

Financials

Financial year 2025

MINOTAURUS from Sint-Gillis (bij-Brussel), company number BE0832663935, closed financial year 2025 with a result of € -23,459 after tax. For that financial year MINOTAURUS recorded revenue of € 13 million and equity of € -16.8 million. Compared with financial year 2024, the result moved from € -506,384 to € -23,459. 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 October 27, 2026.

What it is worth Caution

€ -16.8 million

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

Loss Caution

€ -23,459

▲ 95 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.3 million

▲ 4% 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 € -20.3 million.

People and assets in 2025

Full-time equivalents

54.9

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 6.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.4 million

▲ 7% vs 2024

€ 61,200 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.

Vehicles and equipment

€ 25.2 million

▼ 4% vs 2024

Of which on lease € 23.6 million.

Debts at end 2025

Bank debt ≈ 13 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 41.9 million

▼ 2% vs 2024

€ 3.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 2 million

▼ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 101 days on average.

Taxes and wages

€ 434,873

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 7,682,352 Revenue 2022: € 7,682,352 First fiscal year in the series	€ 10,302,758 Revenue 2023: € 10,302,758 ▲ 34% vs 2022 (€ 7,682,352) Favourable step	€ 12,344,098 Revenue 2024: € 12,344,098 ▲ 20% vs 2023 (€ 10,302,758) Favourable step	€ 13,023,909 Revenue 2025: € 13,023,909 ▲ 6% vs 2024 (€ 12,344,098) Favourable step	▲ 6%
Profit after taxes	€ -1,078,145 Profit after taxes 2022: € -1,078,145 First fiscal year in the series	€ -1,062,221 Profit after taxes 2023: € -1,062,221 ▲ € 15,924 vs 2022 (€ -1,078,145) Favourable step	€ -506,384 Profit after taxes 2024: € -506,384 ▲ € 555,837 vs 2023 (€ -1,062,221) Favourable step	€ -23,459 Profit after taxes 2025: € -23,459 ▲ € 482,925 vs 2024 (€ -506,384) Favourable step	▲ € 482,925
Equity	€ -15,160,855 Equity 2022: € -15,160,855 First fiscal year in the series	€ -16,223,077 Equity 2023: € -16,223,077 ▼ € 1.1 million vs 2022 (€ -15,160,855) Unfavourable step	€ -16,729,461 Equity 2024: € -16,729,461 ▼ € 506,384 vs 2023 (€ -16,223,077) Unfavourable step	€ -16,752,920 Equity 2025: € -16,752,920 Unchanged (€ -16,729,461) Unfavourable step
Total debts	€ 46,650,933 Total debts 2022: € 46,650,933 First fiscal year in the series	€ 46,590,158 Total debts 2023: € 46,590,158 Unchanged (€ 46,650,933) Favourable step	€ 46,809,602 Total debts 2024: € 46,809,602 Unchanged (€ 46,590,158) Unfavourable step	€ 46,044,031 Total debts 2025: € 46,044,031 ▼ 2% vs 2024 (€ 46,809,602) Favourable step	▼ 2%
Cash	€ 1,719,674 Cash 2022: € 1,719,674 First fiscal year in the series	€ 1,288,956 Cash 2023: € 1,288,956 ▼ 25% vs 2022 (€ 1,719,674) Unfavourable step	€ 2,178,585 Cash 2024: € 2,178,585 ▲ 69% vs 2023 (€ 1,288,956) Favourable step	€ 2,262,627 Cash 2025: € 2,262,627 ▲ 4% vs 2024 (€ 2,178,585) Favourable step	▲ 4%
Retained profit	€ -18,660,855 Retained profit 2022: € -18,660,855 First fiscal year in the series	€ -19,723,077 Retained profit 2023: € -19,723,077 ▼ € 1.1 million vs 2022 (€ -18,660,855) Unfavourable step	€ -20,229,461 Retained profit 2024: € -20,229,461 ▼ € 506,384 vs 2023 (€ -19,723,077) Unfavourable step	€ -20,252,920 Retained profit 2025: € -20,252,920 Unchanged (€ -20,229,461) Unfavourable step
Bank debt	€ 42,960,887 Bank debt 2022: € 42,960,887 First fiscal year in the series	€ 42,487,373 Bank debt 2023: € 42,487,373 ▼ 1% vs 2022 (€ 42,960,887) Favourable step	€ 42,648,902 Bank debt 2024: € 42,648,902 Unchanged (€ 42,487,373) Unfavourable step	€ 41,864,931 Bank debt 2025: € 41,864,931 ▼ 2% vs 2024 (€ 42,648,902) Favourable step	▼ 2%
Balance sheet total	€ 31,490,078 Balance sheet total 2022: € 31,490,078 First fiscal year in the series	€ 30,367,082 Balance sheet total 2023: € 30,367,082 ▼ 4% vs 2022 (€ 31,490,078) Unchanged	€ 30,080,141 Balance sheet total 2024: € 30,080,141 ▼ 1% vs 2023 (€ 30,367,082) Unchanged	€ 29,291,111 Balance sheet total 2025: € 29,291,111 ▼ 3% vs 2024 (€ 30,080,141) Unchanged	▼ 3%
Employees (FTE)	46.9 Employees (FTE) 2022: 46.9 First fiscal year in the series	50.9 Employees (FTE) 2023: 50.9 ▲ 4 vs 2022 (46.9) Unchanged	54.5 Employees (FTE) 2024: 54.5 ▲ 3.6 vs 2023 (50.9) Unchanged	54.9 Employees (FTE) 2025: 54.9 ▲ 0.4 vs 2024 (54.5) Unchanged	▲ 0.4

Key figures of MINOTAURUS, 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 MINOTAURUS?

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

2029 FRANKRIJK INVEST SA stepped down as director. NBB
2029 HOTEPAR SA stepped down as director. NBB
2029 BOISSEE FINANCES SAS stepped down as director. NBB
2029 SOCIETE HE SÀRL stepped down as director. NBB
2029 BETWEEN SRL stepped down as director. NBB
Oct 27, 2026 New annual accounts for financial year 2025: loss of € 23,459. filed late Source: NBB ↗
2019 BETWEEN SRL became a director. NBB
2017 FRANKRIJK INVEST SA became a director. NBB

In short

From € 1.1 million loss in 2022 to € 23,459 loss in 2025.

Paid € 1,085 in corporate taxes since 2022.

Pays suppliers within 101 days on average.

Original PDFs at the National Bank ↗

Management

FRANKRIJK INVEST 20%

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

MINOTAURUS

The shares are held by FRANKRIJK INVEST (20%).

Directors

According to the 2025 annual accounts

FRANKRIJK INVEST SA

Director · represented by Pierre MOLINARI

since 2017 · until 2029

HOTEPAR SA

Director · represented by Stanislas ROLLIN

since 2017 · until 2029

BOISSEE FINANCES SAS

Director, Managing director · represented by Eric ROLLIN

Also active at: BELGIPAR

since 2017 · until 2029

SOCIETE HE SÀRL

Director · represented by Pierre ESNEE

since 2017 · until 2029

BETWEEN SRL

Director, Managing director · represented by Martine OCTAVE - BELVAUX

Also active at: FRANKRIJK INVEST, CARTONDUL EUROPE, SOCIETE DE COOPERATION FRANCO-BELGE, HFR International, MIDDLEBURY INVESTMENT, EGLAIS, GLOBAL LINK, BELGIPAR

since 2019 · until 2029

Shareholders

FRANKRIJK INVEST

20%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Victor Hortaplein 1

1060 Sint-Gillis (bij-Brussel)

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

BELGIPAR same network

€ 3.5 million revenue · 2025

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

Details

Company number

0832.663.935

VAT number

BE 0832.663.935

Registered office

Victor Hortaplein 1, 1060 Sint-Gillis (bij-Brussel)

Names & denominations

MINOTAURUS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 January 2011

Peppol

Active · Active since 7 May 2026

Activities · NACE

Hotels en dergelijke accommodatie

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

MINOTAURUS

Warning lights

Financials

What happened to MINOTAURUS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions