Minelec Projects
0451.327.538 · rovalta.com · 23/09/2026
ACTIVE
Minelec Projects
Financial year 2025 · closed on 31/12/2025
Net result
-13,7 k €
-323.7% YoY
Gross margin
2,3 k €
-56.2% YoY
Equity
135,5 k €
-64.2% YoY
Overview
What does Minelec Projects do?
Minelec Projects is a Private limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Middelkerke.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.327.538
Incorporation
12/10/1993
Legal form
Private limited company
Registered office
Hooilandstraat 25
8434 Middelkerke · FlandreSee on map
8434 Middelkerke · FlandreSee on map
Contributed capital
20 451,21 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Solid equityLow riskGood liquidityPositive cashflow
Available with a Rovalta subscriptionTry for 7 days
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 | 2,3 k € | -56.2% | 5,2 k € | +195% | -5,5 k € | -14.0% | -4,9 k € | +35.6% | -7,5 k € | -102% | 338 k € | +3897% | 8,5 k € | -41.7% | 14,5 k € | -66.6% | 43,5 k € | -19.3% | 53,9 k € | -1.1% | 54,5 k € | -17.8% | 66,3 k € | +0.3% | 66 k € | +31.0% | 50,4 k € | -14.8% | 59,2 k € | +0.7% | 58,8 k € | -35.7% | 91,4 k € | -13.7% | 105,9 k € | -7.8% | 114,8 k € | +104% | 56,4 k € |
| EBITDA | -22,2 € | -101% | 2,3 k € | +129% | -7,9 k € | -12.7% | -7 k € | +27.3% | -9,7 k € | -103% | 335,6 k € | +6349% | 5,2 k € | -54.2% | 11,4 k € | -71.8% | 40,4 k € | -20.6% | 50,8 k € | -1.2% | 51,4 k € | -18.7% | 63,2 k € | +1.8% | 62,1 k € | +30.0% | 47,8 k € | -13.2% | 55 k € | -0.6% | 55,4 k € | -36.4% | 87,1 k € | -15.6% | 103,2 k € | -6.7% | 110,6 k € | +113% | 51,8 k € |
| Operating result | -16,5 k € | -40.3% | -11,8 k € | +10.7% | -13,2 k € | -3.1% | -12,8 k € | +17.2% | -15,4 k € | -105% | 330 k € | +1628% | -21,6 k € | -30.4% | -16,6 k € | -738% | 2,6 k € | -86.2% | 18,8 k € | -6.2% | 20,1 k € | -33.7% | 30,3 k € | +5.8% | 28,6 k € | +17.4% | 24,4 k € | -18.2% | 29,8 k € | -1.5% | 30,3 k € | -44.5% | 54,6 k € | -23.7% | 71,5 k € | +69.4% | 42,2 k € | +17.2% | 36,1 k € |
| Net result | -13,7 k € | -324% | -3,2 k € | +74.0% | -12,4 k € | +6.2% | -13,2 k € | +16.5% | -15,9 k € | -107% | 241,6 k € | +1183% | -22,3 k € | -27.8% | -17,5 k € | -2848% | 635,3 € | -95.1% | 12,9 k € | -3.6% | 13,4 k € | -31.8% | 19,6 k € | +14.9% | 17 k € | -2.7% | 17,5 k € | +1.7% | 17,2 k € | -10.3% | 19,2 k € | -34.9% | 29,4 k € | -21.5% | 37,5 k € | +101% | 18,6 k € | +27.3% | 14,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 135,5 k € | -64.2% | 378,8 k € | -8.1% | 412 k € | -2.9% | 424,4 k € | -3.0% | 437,7 k € | -3.5% | 453,5 k € | +103% | 223,9 k € | -9.1% | 246,2 k € | -6.6% | 263,7 k € | +0.2% | 263,1 k € | +5.1% | 250,2 k € | +5.6% | 236,8 k € | +9.0% | 217,3 k € | +8.5% | 200,2 k € | +9.6% | 182,7 k € | +10.4% | 165,5 k € | +13.1% | 146,4 k € | +18.1% | 123,9 k € | +43.4% | 86,4 k € | +27.5% | 67,8 k € |
| Total assets | 366,1 k € | -10.6% | 409,4 k € | -1.1% | 413,9 k € | -2.9% | 426,4 k € | -9.8% | 472,8 k € | -4.8% | 496,7 k € | +53.1% | 324,4 k € | -6.7% | 347,7 k € | -5.7% | 368,7 k € | +28.6% | 286,6 k € | -7.3% | 309,1 k € | -11.5% | 349,1 k € | -5.8% | 370,4 k € | +11.3% | 332,9 k € | -7.9% | 361,4 k € | -4.1% | 376,7 k € | +2.1% | 369 k € | -2.1% | 376,9 k € | -5.5% | 398,6 k € | +5.1% | 379,4 k € |
| Cash | 312,8 k € | -7.8% | 339,2 k € | -11.6% | 383,7 k € | -2.7% | 394,2 k € | -9.3% | 434,6 k € | -3.9% | 452,2 k € | +37286% | 1,2 k € | -64.5% | 3,4 k € | +108% | 1,6 k € | +2319% | 67,8 € | -92.7% | 928,3 € | -96.5% | 26,4 k € | +13.3% | 23,3 k € | +370% | 5 k € | – | – | – | 1,7 k € | -66.5% | 5,1 k € | – | |||||
| Debts | 230,5 k € | +652% | 30,7 k € | +1551% | 1,9 k € | -5.4% | 2 k € | -94.4% | 35,1 k € | -16.1% | 41,9 k € | -57.8% | 99,3 k € | -0.9% | 100,2 k € | -4.6% | 105 k € | +346% | 23,5 k € | -60.1% | 58,9 k € | -47.5% | 112,3 k € | -26.7% | 153,1 k € | +15.5% | 132,6 k € | -25.8% | 178,7 k € | -15.4% | 211,2 k € | -5.1% | 222,6 k € | -12.0% | 252,9 k € | -18.9% | 311,8 k € | +0.2% | 311 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Erik De waele
ActiveEnded mandates
Brigitte RAEYMAEKERS
EndedErik DE WAELE
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 13/08/2026 | 21/06/2025 | 23/07/2024 | 29/06/2023 | 04/08/2022 | 28/06/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 28/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 29/05/2026 | 13/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/05/2025 | 21/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 31/05/2024 | 23/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 26/05/2023 | 29/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 27/05/2022 | 04/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 28/05/2021 | 28/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/05/2020 | 17/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 31/05/2019 | 12/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 25/05/2018 | 13/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/05/2017 | 24/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/05/2016 | 27/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/05/2015 | 03/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/05/2014 | 04/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/05/2013 | 04/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/05/2012 | 09/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 27/05/2011 | 26/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 28/05/2010 | 23/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/05/2009 | 14/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/05/2008 | 27/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 25/05/2007 | 22/08/2007 | Dutch |
Valuation
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.
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 31/12/2025 · 1 active · 2 ended
Active mandates
Erik De waele
ActiveEnded mandates
Brigitte RAEYMAEKERS
EndedErik DE WAELE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office16/01/2020MAATSCHAPPELIJKE ZETEL
- Mandates21/06/2019BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates14/04/2008ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2007ONTSLAGEN - BENOEMINGEN
- Registered office14/05/2003BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
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 2025-13,7 k €↓
- 2024Annual accounts 2024-3,2 k €↑
- 2023Annual accounts 2023-12,4 k €↑
- 2022Annual accounts 2022-13,2 k €↑
- 2021Annual accounts 2021-15,9 k €↓
- 2020Annual accounts 2020241,6 k €↑
- 2019Annual accounts 2019-22,3 k €↓
- 2018Annual accounts 2018-17,5 k €↓
- 2018Name changeMinelec Projects
- 2017Annual accounts 2017635,3 €↓
- 2016Annual accounts 201612,9 k €↓
- 2015Annual accounts 201513,4 k €↓
- 2014Annual accounts 201419,6 k €↑
- 2013Annual accounts 201317 k €↓
- 2012Annual accounts 201217,5 k €↑
- 2011Annual accounts 201117,2 k €↓
- 2010Annual accounts 201019,2 k €↓
- 2009Annual accounts 200929,4 k €↓
- 2008Annual accounts 200837,5 k €↑
- 2007Annual accounts 200718,6 k €↑
- 2006Annual accounts 200614,6 k €
- 2006Name changeLIFE INVEST
- 12/10/1993IncorporationPrivate limited company