ACTIVE

VLEESHAL MINNEN

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Financial year 2025 · closed on 31/12/2025

Net result

175,8 k €

+59.5% YoY

Gross margin

237,2 k €

+46.3% YoY

Equity

856,3 k €

0.0% YoY

What does VLEESHAL MINNEN do?

VLEESHAL MINNEN is a Public limited company incorporated in 1986. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Tielt-Winge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.529.964

Incorporation

19/02/1986

Legal form

Public limited company

Registered office

Gouden Kruispunt 84
3390 Tielt-Winge · FlandreSee on map

Contributed capital

123 946,76 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	237,2 k €	+46.3%	162,1 k €	-17.0%	195,2 k €	+36.0%	143,5 k €	+78.3%	80,5 k €	-35.9%	125,6 k €	+27.5%	98,5 k €	+22.9%	80,1 k €	+35.5%	59,1 k €	-16.2%	70,5 k €	+50.3%	46,9 k €	-23.5%	61,4 k €	-32.1%	90,4 k €	-10.9%	101,5 k €	+32.2%	76,8 k €	-7.8%	83,3 k €	+1.7%	81,9 k €	-11.6%	92,6 k €	+15.8%	80 k €	+10.3%	72,5 k €
EBITDA	227 k €	+51.0%	150,3 k €	-14.0%	174,8 k €	+129%	76,4 k €	+175%	27,8 k €	-64.1%	77,3 k €	+109%	37,1 k €	+93.6%	19,2 k €	+77.9%	10,8 k €	-54.4%	23,6 k €	+12881%	182 €	-98.4%	11,6 k €	-73.0%	42,8 k €	-19.5%	53,2 k €	+90.9%	27,9 k €	-22.2%	35,8 k €	+7.7%	33,3 k €	-28.2%	46,3 k €	+34.5%	34,5 k €	+33.8%	25,8 k €
Operating result	210,4 k €	+58.0%	133,2 k €	-16.1%	158,7 k €	+180%	56,6 k €	+603%	8,1 k €	-85.4%	55,1 k €	+213%	17,6 k €	+2796%	-654 €	+53.0%	-1,4 k €	-115%	9,3 k €	+161%	-15,2 k €	-332%	6,6 k €	-81.9%	36,2 k €	-22.3%	46,6 k €	+180%	16,7 k €	-32.5%	24,7 k €	+176%	9 k €	-62.1%	23,6 k €	+102%	11,7 k €	+962%	1,1 k €
Net result	175,8 k €	+59.5%	110,3 k €	-3.4%	114,1 k €	+181%	40,6 k €	+553%	6,2 k €	-84.3%	39,5 k €	+196%	13,4 k €	+534%	-3,1 k €	-312%	-746 €	-107%	11,1 k €	-51.2%	22,8 k €	+52.5%	14,9 k €	-63.1%	40,4 k €	-18.9%	49,8 k €	+94.3%	25,6 k €	+20.4%	21,3 k €	+19.0%	17,9 k €	-51.2%	36,6 k €	+208%	11,9 k €	-12.5%	13,6 k €
Balance sheet
Equity	856,3 k €	0.0%	856,3 k €	+1.2%	846,1 k €	-0.0%	846,1 k €	+5.0%	805,4 k €	-28.7%	1,1 M €	+3.6%	1,1 M €	+1.2%	1,1 M €	-0.3%	1,1 M €	-0.1%	1,1 M €	+1.0%	1,1 M €	+2.2%	1 M €	+1.4%	1 M €	+4.1%	991,4 k €	+5.3%	941,6 k €	+2.8%	915,9 k €	+2.4%	894,7 k €	+2.0%	876,8 k €	+4.4%	840,1 k €	+0.3%	837,2 k €
Total assets	972,8 k €	+1.1%	961,8 k €	-3.9%	1 M €	+6.0%	943,6 k €	-16.9%	1,1 M €	-6.0%	1,2 M €	+3.6%	1,2 M €	-0.1%	1,2 M €	+0.0%	1,2 M €	-1.6%	1,2 M €	-0.1%	1,2 M €	+6.1%	1,1 M €	+6.6%	1 M €	+4.1%	1 M €	+6.1%	949,9 k €	-5.9%	1 M €	+11.3%	906,5 k €	+2.1%	887,6 k €	+2.7%	864,1 k €	-1.2%	874,7 k €
Cash	588,7 k €	+149%	236,7 k €	+30.4%	181,6 k €	+28.6%	141,1 k €	-40.0%	235,4 k €	-24.0%	309,5 k €	+18.1%	262 k €	-8.1%	285,2 k €	-7.6%	308,8 k €	-2.0%	315,2 k €	-2.1%	321,8 k €	-11.1%	362 k €	-11.9%	410,8 k €	+14.7%	358 k €	+30.0%	275,4 k €	+50.9%	182,5 k €	-52.4%	383,5 k €	+28.2%	299,1 k €	-25.2%	400,1 k €	-27.8%	554,4 k €
Debts	116,5 k €	+10.4%	105,5 k €	-31.0%	153 k €	+63.3%	93,7 k €	-71.2%	324,7 k €	+340%	73,9 k €	+3.7%	71,2 k €	-16.5%	85,3 k €	+4.3%	81,8 k €	-18.3%	100,1 k €	-13.8%	116,2 k €	+64.1%	70,8 k €	+341%	16,1 k €	+6.2%	15,1 k €	+113%	7,1 k €	-92.3%	92 k €	+762%	10,7 k €	+8.9%	9,8 k €	-50.2%	19,7 k €	-40.7%	33,1 k €
Other
Workforce	–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 15 ended

Active mandates

SANDER MINNEN

Director · since 30 mai 2026 · until 09 juin 2031

Active

DAAN MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Active

JOKE MINNEN

Managing director · since 02 février 2023 · until 11 juin 2029

Active

ROBIN MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Active

WALTHERUS MINNEN

Director · since 02 février 2023 · until 30 mai 2026

Active

Ended mandates

DAAN MINNEN

Director · since 02 février 2023

Ended

JOKE MINNEN

Managing director · since 02 février 2023

Ended

ROBIN MINNEN

Director · since 02 février 2023

Ended

WALTHERUS MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Ended

At this address

Other companies at this address

Company	CBE no.
SUPERSLIMMO● Active	0448.648.853
Traiteur Het Gouden Kruispunt● Active	0777.367.304

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	11/07/2025	25/06/2024	11/07/2023	31/08/2022	27/08/2021
General meeting	08/06/2026	09/06/2025	03/06/2024	12/06/2023	13/06/2022	14/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	09/06/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	10/06/2019	27/09/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	08/01/2019	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	23/09/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	20/03/2015	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	26/02/2015	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	30/11/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	24/11/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	08/10/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	23/08/2007	Dutch	PDF

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 15 ended

Active mandates

SANDER MINNEN

Director · since 30 mai 2026 · until 09 juin 2031

Active

DAAN MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Active

JOKE MINNEN

Managing director · since 02 février 2023 · until 11 juin 2029

Active

ROBIN MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Active

WALTHERUS MINNEN

Director · since 02 février 2023 · until 30 mai 2026

Active

Ended mandates

DAAN MINNEN

Director · since 02 février 2023

Ended

JOKE MINNEN

Managing director · since 02 février 2023

Ended

ROBIN MINNEN

Director · since 02 février 2023

Ended

WALTHERUS MINNEN

Director · since 02 février 2023 · until 11 juin 2029

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/09/2026
Benoemingen - Ontslagen
PDF
Mandates17/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates18/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/10/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates11/07/2005
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025175,8 k €↑
2024
Annual accounts 2024110,3 k €↓
2023
Annual accounts 2023114,1 k €↑
2022
Annual accounts 202240,6 k €↑
2021
Annual accounts 20216,2 k €↓
2020
Annual accounts 202039,5 k €↑
2019
Annual accounts 201913,4 k €↑
2018
Annual accounts 2018-3,1 k €↓
2017
Annual accounts 2017-746 €↓
2016
Annual accounts 201611,1 k €↓
2015
Annual accounts 201522,8 k €↑
2014
Annual accounts 201414,9 k €↓
2013
Annual accounts 201340,4 k €↓
2012
Annual accounts 201249,8 k €↑
2011
Annual accounts 201125,6 k €↑
2010
Annual accounts 201021,3 k €↑
2009
Annual accounts 200917,9 k €↓
2008
Annual accounts 200836,6 k €↑
2007
Annual accounts 200711,9 k €↓
2006
Annual accounts 200613,6 k €
19/02/1986
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VLEESHAL MINNEN

Overview

What does VLEESHAL MINNEN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline