MINIT
0401.896.635 · rovalta.com · 22/09/2026
ACTIVE
MINIT
Financial year 2025 · closed on 31/03/2025
Net result
296,9 k €
-44.2% YoY
Revenue
619,3 k €
-77.7% YoY
Equity
5,4 M €
+5.8% YoY
Workforce
4,6 ETP
-60.7% YoY
Overview
What does MINIT do?
MINIT is a Public limited company incorporated in 1959. Its registered office is in Aalst. It employs on average 4,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0401.896.635
Incorporation
10/03/1959
Legal form
Public limited company
Registered office
Kwadelapstraat 2A
9320 Aalst · FlandreSee on map
9320 Aalst · FlandreSee on map
Contributed capital
1 735 254,67 €
Latest accounts
31/03/2025
Average workforce
4,6 ETP
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 619,3 k € | -77.7% | 2,8 M € | +58.7% | 1,7 M € | +76.7% | 990,4 k € | -33.8% | 1,5 M € | -35.8% | 2,3 M € | -10.7% | 2,6 M € | -36.4% | 4,1 M € | -1.1% | 4,2 M € | +24.2% | 3,3 M € | -4.2% | 3,5 M € | -2.6% | 3,6 M € | -8.9% | 3,9 M € | +9.4% | 3,6 M € | +0.9% | 3,6 M € | -4.0% | 3,7 M € | -14.1% | 4,3 M € | -10.9% | 4,8 M € |
| EBITDA | 148,9 k € | -69.5% | 488,8 k € | +343% | 110,3 k € | +2782% | -4,1 k € | +96.6% | -121,5 k € | -134% | 353,5 k € | +11.4% | 317,4 k € | -61.5% | 823,5 k € | +31.6% | 625,9 k € | +18.4% | 528,6 k € | +21.7% | 434,5 k € | -25.7% | 585 k € | +16.0% | 504,1 k € | -13.4% | 581,8 k € | +17.3% | 496,1 k € | -8.7% | 543,2 k € | +87.1% | 290,3 k € | +403% | 57,7 k € |
| Operating result | 129,2 k € | -68.4% | 408,6 k € | +369% | 87,1 k € | +753% | -13,3 k € | +92.2% | -170,2 k € | +84.2% | -1,1 M € | -490% | 276,6 k € | -62.0% | 727,4 k € | +10.0% | 661,6 k € | +39.5% | 474,2 k € | +114% | 221,4 k € | -57.4% | 519,7 k € | +16.8% | 445,1 k € | +4.2% | 427,2 k € | -6.4% | 456,2 k € | -7.1% | 490,9 k € | +113% | 230,7 k € | +702% | -38,3 k € |
| Net result | 296,9 k € | -44.2% | 531,9 k € | +283% | 138,7 k € | +11370% | 1,2 k € | +101% | -188,2 k € | +81.1% | -993,7 k € | -521% | 236,1 k € | -48.9% | 461,8 k € | +21.9% | 379 k € | -12.4% | 432,4 k € | +85.8% | 232,8 k € | -57.1% | 543 k € | +21.5% | 446,8 k € | +11.4% | 400,9 k € | -11.7% | 454,2 k € | -10.8% | 509,2 k € | +59.7% | 318,9 k € | +198% | 107,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 5,4 M € | +5.8% | 5,1 M € | +11.5% | 4,6 M € | +3.1% | 4,5 M € | +0.0% | 4,5 M € | -4.0% | 4,7 M € | -17.6% | 5,6 M € | +4.4% | 5,4 M € | +9.3% | 4,9 M € | +8.3% | 4,6 M € | +10.4% | 4,1 M € | +6.0% | 3,9 M € | +16.1% | 3,4 M € | +15.3% | 2,9 M € | +15.9% | 2,5 M € | +22.0% | 2,1 M € | +32.8% | 1,6 M € | +17.6% | 1,3 M € |
| Total assets | 6,1 M € | +2.2% | 5,9 M € | +9.1% | 5,4 M € | +3.9% | 5,2 M € | +0.1% | 5,2 M € | -29.4% | 7,4 M € | +14.8% | 6,4 M € | -5.3% | 6,8 M € | -6.7% | 7,3 M € | -21.7% | 9,3 M € | +6.1% | 8,8 M € | +1.3% | 8,7 M € | +10.8% | 7,8 M € | +6.4% | 7,4 M € | +7.2% | 6,9 M € | -6.2% | 7,3 M € | +3.7% | 7,1 M € | -34.2% | 10,7 M € |
| Cash | – | – | – | – | – | – | – | – | 3,4 k € | -7.6% | 3,7 k € | -5.0% | 3,9 k € | -5.3% | 4,1 k € | -5.0% | 4,3 k € | -89.1% | 39,9 k € | +22.3% | 32,6 k € | +37.7% | 23,7 k € | +45.6% | 16,3 k € | +334% | 3,8 k € | ||||||||
| Debts | 622,6 k € | -21.3% | 791,5 k € | -4.3% | 827,1 k € | +8.6% | 761,8 k € | +4.3% | 730,5 k € | -73.3% | 2,7 M € | +246% | 791 k € | -42.1% | 1,4 M € | -40.8% | 2,3 M € | -50.9% | 4,7 M € | +3.0% | 4,6 M € | -2.9% | 4,7 M € | +6.4% | 4,4 M € | +0.5% | 4,4 M € | +2.4% | 4,3 M € | -16.9% | 5,2 M € | -0.6% | 5,2 M € | -43.8% | 9,2 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 4,6 ETP | -60.7% | 11,7 ETP | -0.8% | 11,8 ETP | -6.3% | 12,6 ETP | -19.2% | 15,6 ETP | -1.9% | 15,9 ETP | -5.4% | 16,8 ETP | -12.0% | 19,1 ETP | -0.5% | 19,2 ETP | +13.6% | 16,9 ETP | -16.3% | 20,2 ETP | -9.4% | 22,3 ETP | -12.5% | 25,5 ETP | +13.3% | 22,5 ETP | -5.5% | 23,8 ETP | -5.2% | 25,1 ETP | -11.0% | 28,2 ETP | -19.9% | 35,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 3 active · 26 ended
Active mandates
John Edwards
ActiveLars Beumer
ActiveMark De Groote
ActiveEnded mandates
Mark De Groote
EndedLars Beumer
EndedJohn Edwards
EndedRobert Giella
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/09/2025 | 17/09/2024 | 03/10/2023 | 28/09/2022 | 29/09/2021 | 26/11/2020 |
| General meeting | 02/09/2025 | 02/09/2024 | 04/09/2023 | 02/09/2022 | 02/09/2021 | 27/10/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2025 | 02/09/2025 | 22/09/2025 | Dutch | |
| Full model | 31/03/2024 | 02/09/2024 | 17/09/2024 | Dutch | |
| Full model | 31/03/2023 | 04/09/2023 | 03/10/2023 | Dutch | |
| Full model | 31/03/2022 | 02/09/2022 | 28/09/2022 | Dutch | |
| Full model | 31/03/2021 | 02/09/2021 | 29/09/2021 | Dutch | |
| Full model | 31/03/2020 | 27/10/2020 | 26/11/2020 | Dutch | |
| Full model | 31/03/2019 | 02/09/2019 | 19/09/2019 | Dutch | |
| Full model | 31/03/2018 | 03/09/2018 | 01/10/2018 | Dutch | |
| Full model | 31/03/2017 | 04/09/2017 | 28/09/2017 | Dutch | |
| Full model | 31/03/2016 | 02/09/2016 | 24/10/2016 | Dutch | |
| Full model | 31/03/2015 | 02/09/2015 | 27/10/2015 | Dutch | |
| Full model | 31/03/2014 | 02/09/2014 | 24/10/2014 | Dutch | |
| Full model | 31/03/2013 | 02/09/2013 | 13/09/2013 | Dutch | |
| Full model | 31/03/2012 | 03/09/2012 | 16/10/2012 | Dutch | |
| Full model | 31/03/2011 | 02/09/2011 | 26/10/2011 | Dutch | |
| Full model | 31/03/2010 | 02/09/2010 | 28/10/2010 | Dutch | |
| Full model | 31/03/2009 | 02/09/2009 | 25/09/2009 | Dutch | |
| Full model | 31/03/2008 | 02/09/2008 | 26/09/2008 | Dutch | |
| Full model | 31/03/2007 | 03/09/2007 | 15/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 3 active · 26 ended
Active mandates
John Edwards
ActiveLars Beumer
ActiveMark De Groote
ActiveEnded mandates
Mark De Groote
EndedLars Beumer
EndedJohn Edwards
EndedRobert Giella
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/08/2025MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates15/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates15/05/2024ONTSLAGEN - BENOEMINGEN
- Other16/12/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates12/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates11/05/2021ONTSLAGEN - BENOEMINGEN
- Mandates19/06/2020ONTSLAGEN - BENOEMINGEN
- Mandates12/02/2018ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025296,9 k €↓
- 2024Annual accounts 2024531,9 k €↑
- 2023Annual accounts 2023138,7 k €↑
- 2022Annual accounts 20221,2 k €↑
- 2021Annual accounts 2021-188,2 k €↑
- 2020Annual accounts 2020-993,7 k €↓
- 2019Annual accounts 2019236,1 k €↓
- 2018Annual accounts 2018461,8 k €↑
- 2017Annual accounts 2017379 k €↓
- 2016Annual accounts 2016432,4 k €↑
- 2015Annual accounts 2015232,8 k €↓
- 2014Annual accounts 2014543 k €↑
- 2013Annual accounts 2013446,8 k €↑
- 2012Annual accounts 2012400,9 k €↓
- 2011Annual accounts 2011454,2 k €↓
- 2010Annual accounts 2010509,2 k €↑
- 2009Annual accounts 2009318,9 k €↑
- 2007Annual accounts 2007107,1 k €
- 10/03/1959IncorporationPublic limited company