ACTIVE

MINERVAL

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Financial year 2025 · closed on 31/12/2025

Net result

16,7 k €

+11.6% YoY

Gross margin

97,5 k €

+7.3% YoY

Equity

287,2 k €

+6.2% YoY

What does MINERVAL do?

MINERVAL is a Public limited company incorporated in 1987. Its main activity is: Buying and selling of own real estate. Its registered office is in Knokke-Heist.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.735.131

Incorporation

16/03/1987

Legal form

Public limited company

Registered office

Kalvekeetdijk 137
8300 Knokke-Heist · FlandreSee on map

Contributed capital

74 368,06 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006		2005
Income statement
Gross margin	97,5 k €	+7.3%	90,9 k €	+30.4%	69,7 k €	+6.9%	65,2 k €	-20.2%	81,7 k €	+68.8%	48,4 k €	-35.2%	74,8 k €	-1.2%	75,7 k €	+2.2%	74,1 k €	+3.4%	71,6 k €	+21.8%	58,8 k €	+96.8%	29,9 k €	-35.0%	45,9 k €	-0.9%	46,4 k €	+1.2%	45,8 k €	+2.5%	44,7 k €	+8.7%	41,1 k €	-4.8%	43,2 k €	+60.3%	26,9 k €	-32.9%	40,1 k €	+13.8%	35,3 k €
EBITDA	91,3 k €	+7.7%	84,8 k €	+32.5%	64 k €	+7.1%	59,7 k €	-21.9%	76,4 k €	+76.5%	43,3 k €	-38.0%	69,9 k €	-2.0%	71,3 k €	+2.2%	69,8 k €	+3.6%	67,4 k €	+23.5%	54,6 k €	+151%	21,7 k €	-42.6%	37,9 k €	-11.3%	42,7 k €	+10.5%	38,6 k €	-0.6%	38,9 k €	+34.5%	28,9 k €	-26.8%	39,5 k €	+53.0%	25,8 k €	-34.3%	39,3 k €	+24.0%	31,7 k €
Operating result	33,2 k €	+5.1%	31,5 k €	+93.7%	16,3 k €	-63.6%	44,8 k €	-37.7%	71,9 k €	+75.1%	41,1 k €	-41.3%	69,9 k €	-2.0%	71,3 k €	+8.3%	65,9 k €	+4.3%	63,2 k €	+25.5%	50,4 k €	+303%	12,5 k €	-54.8%	27,6 k €	-24.1%	36,4 k €	+8.4%	33,6 k €	-0.7%	33,8 k €	+56.0%	21,7 k €	-32.8%	32,2 k €	+73.6%	18,6 k €	-42.1%	32,1 k €	+31.2%	24,4 k €
Net result	16,7 k €	+11.6%	15 k €	+220%	4,7 k €	-85.4%	32 k €	-34.5%	48,9 k €	+70.1%	28,7 k €	-42.4%	49,9 k €	-1.2%	50,5 k €	+13.4%	44,5 k €	+2.7%	43,4 k €	-1.1%	43,8 k €	+237%	-32,1 k €	-281%	17,7 k €	-39.3%	29,2 k €	-3.2%	30,2 k €	+717%	-4,9 k €	-214%	4,3 k €	-71.5%	15,1 k €	+75.7%	8,6 k €	-66.9%	26 k €	+14.0%	22,8 k €
Balance sheet
Equity	287,2 k €	+6.2%	270,5 k €	+5.9%	255,5 k €	+1.9%	250,8 k €	+14.6%	218,8 k €	-40.9%	369,9 k €	+8.4%	341,1 k €	+17.1%	291,3 k €	+21.0%	240,8 k €	+22.7%	196,3 k €	+28.4%	152,9 k €	+40.2%	109,1 k €	-22.7%	141,1 k €	+14.4%	123,4 k €	+31.0%	94,2 k €	+0.2%	94 k €	-5.0%	98,9 k €	+4.6%	94,6 k €	+19.0%	79,4 k €	+12.1%	70,8 k €	+58.0%	44,8 k €
Total assets	517 k €	-7.3%	557,9 k €	-0.2%	559,1 k €	+2.0%	548,2 k €	+25.2%	437,9 k €	+17.3%	373,2 k €	+8.2%	344,8 k €	+16.8%	295,3 k €	+18.2%	249,8 k €	+13.5%	220,1 k €	+30.0%	169,3 k €	+35.4%	125 k €	-40.6%	210,4 k €	-3.0%	216,9 k €	+37.0%	158,4 k €	-1.6%	161 k €	-23.3%	209,8 k €	-2.9%	216,2 k €	-3.2%	223,4 k €	-3.1%	230,7 k €	-3.6%	239,3 k €
Cash	27,1 k €	+329%	6,3 k €	-55.8%	14,3 k €	-16.3%	17,1 k €	-93.6%	268,1 k €	+20.2%	223 k €	+22.7%	181,8 k €	-0.5%	182,6 k €	+33.2%	137,1 k €	+34.2%	102,2 k €	+111%	48,5 k €		–		4,6 k €	-0.6%	4,7 k €	-23.9%	6,1 k €	-71.2%	21,3 k €	+354633%	6 €	+20.0%	5 €	+150%	2 €	-71.4%	7 €	-99.5%	1,4 k €
Debts	224,5 k €	-21.3%	285,2 k €	-6.1%	303,6 k €	+2.1%	297,3 k €	+35.7%	219,1 k €	+6609%	3,3 k €	-9.8%	3,6 k €	-10.0%	4 k €	-55.4%	9 k €	-62.1%	23,8 k €	+45.6%	16,4 k €	+2.9%	15,9 k €	-77.0%	69,3 k €	-26.0%	93,6 k €	+45.7%	64,2 k €	-4.2%	67 k €	-39.6%	111 k €	-8.8%	121,6 k €	-15.5%	144 k €	-9.9%	159,8 k €	-17.8%	194,5 k €
Other
Workforce	–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 32 ended

Active mandates

Dimitri Vermeersch

Managing director · since 13 décembre 2024 · until 13 décembre 2030

Active

EXCELLENCE CONSULTING

Director · since 13 décembre 2024 · until 13 décembre 2030 · 0471.835.219

Represented by Vermeersch Edgard Junior

Active

Martina Versele

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Serge Vermeersch

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Stefanie Vermeersch

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Ended mandates

EXCELLENCE CONSULTING

Director · since 08 mai 2022 · until 10 juin 2027 · 0471.835.219

Represented by Vermeersch EDGARD JUNIOR

Ended

Stefanie Vermeersch

Director · since 08 mai 2022 · until 10 juin 2027

Ended

Dimitri VERMEERSCH

Managing director · since 10 juin 2021 · until 10 juin 2027

Ended

Martina Versele

Director · since 10 juin 2021 · until 10 juin 2027

Ended

At this address

Other companies at this address

Company	CBE no.
CHARL'S● Active	0462.144.226
Groep Minerval● Active	0746.418.760

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	13/07/2026	10/07/2025	19/07/2024	27/06/2023	22/07/2022	06/07/2021
General meeting	11/06/2026	12/06/2025	30/06/2024	08/06/2023	30/06/2022	10/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2024	12/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	08/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	11/06/2020	15/06/2020	Dutch	PDF
Abridged model	31/12/2018	13/06/2019	14/06/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	10/03/2015	12/03/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	09/03/2015	French	PDF
Abridged model	31/12/2012	13/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	10/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	11/06/2009	13/10/2009	Dutch	PDF
Abridged model	31/12/2007	12/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	08/08/2008	Dutch	PDF
Abridged model	31/12/2005	08/06/2006	08/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 32 ended

Active mandates

Dimitri Vermeersch

Managing director · since 13 décembre 2024 · until 13 décembre 2030

Active

EXCELLENCE CONSULTING

Director · since 13 décembre 2024 · until 13 décembre 2030 · 0471.835.219

Represented by Vermeersch Edgard Junior

Active

Martina Versele

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Serge Vermeersch

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Stefanie Vermeersch

Director · since 13 décembre 2024 · until 13 décembre 2030

Active

Ended mandates

EXCELLENCE CONSULTING

Director · since 08 mai 2022 · until 10 juin 2027 · 0471.835.219

Represented by Vermeersch EDGARD JUNIOR

Ended

Stefanie Vermeersch

Director · since 08 mai 2022 · until 10 juin 2027

Ended

Dimitri VERMEERSCH

Managing director · since 10 juin 2021 · until 10 juin 2027

Ended

Martina Versele

Director · since 10 juin 2021 · until 10 juin 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2025
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates28/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates15/12/2014
DEMISSIONS, NOMINATIONS
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 202516,7 k €↑
2024
Annual accounts 202415 k €↑
2023
Annual accounts 20234,7 k €↓
2022
Annual accounts 202232 k €↓
2021
Annual accounts 202148,9 k €↑
2020
Annual accounts 202028,7 k €↓
2019
Annual accounts 201949,9 k €↓
2018
Annual accounts 201850,5 k €↑
2017
Annual accounts 201744,5 k €↑
2016
Annual accounts 201643,4 k €↓
2015
Annual accounts 201543,8 k €↑
2014
Annual accounts 2014-32,1 k €↓
2013
Annual accounts 201317,7 k €↓
2012
Annual accounts 201229,2 k €↓
2011
Annual accounts 201130,2 k €↑
2010
Annual accounts 2010-4,9 k €↓
2009
Annual accounts 20094,3 k €↓
2008
Annual accounts 200815,1 k €↑
2007
Annual accounts 20078,6 k €↓
2006
Annual accounts 200626 k €↑
2005
Annual accounts 200522,8 k €
16/03/1987
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

MINERVAL

Overview

What does MINERVAL do?

Trend over 21 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