ACTIVE

MINERVA

Financial year 2025 · closed on 30/09/2025
Net result
101,5 k €
+72.7% YoY
Gross margin
138,4 k €
+43.1% YoY
Equity
-270,5 k €
+27.3% YoY

What does MINERVA do?

MINERVA is a Private limited company incorporated in 2001. Its registered office is in Mortsel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.163.595
Incorporation
26/11/2001
Legal form
Private limited company
Registered office
Krijgsbaan 51
2640 Mortsel · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
30/09/2025
Joint committees (2)
  • 112
  • 218
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920072006
Income statement
Gross margin138,4 k €96,8 k €-107,1 k €-565,8 €384,7 k €-12,8 k €-433,5 k €5,2 k €-12,1 €-14,1 k €-13,7 k €-16,1 k €8,2 k €-69,4 k €-75,7 k €-134,7 k €325,5 k €79,2 k €
EBITDA127,2 k €87,9 k €-112,3 k €-2,5 k €384,2 k €-78,3 k €-445,2 k €2,3 k €-12,1 €-17,7 k €-17,3 k €-17,8 k €6,3 k €-72 k €-77 k €-141,9 k €294 k €70 k €
Operating result126,4 k €87,7 k €-112,3 k €-2,5 k €384,2 k €-78,3 k €-16,3 k €-4,2 k €-38,6 k €-63,7 k €-105,3 k €-89,6 k €16,7 k €-93,3 k €-58,3 k €-12 k €-158,8 €63 k €
Net result101,5 k €58,8 k €-141,1 k €-2,5 k €384,1 k €-78,4 k €-16,4 k €-4,5 k €-38,6 k €-63,7 k €-105,6 k €-89,6 k €19,5 k €-90,5 k €-50,7 k €-2,7 k €-23,6 k €-13,8 k €
Balance sheet
Equity-270,5 k €-372 k €-430,8 k €-289,6 k €-281 k €-665,1 k €-586,7 k €-570,3 k €-565,8 k €-527,2 k €-463,5 k €-357,9 k €-268,2 k €-287,7 k €-197,3 k €-146,6 k €7,3 k €30,9 k €
Total assets1,5 M €1,5 M €1,4 M €473,8 k €482,7 k €417,1 k €564 k €630,5 k €2,6 M €685,9 k €718,3 k €2,8 M €2,9 M €3,1 M €3,3 M €3,3 M €3,4 M €2,9 M €
Cash84,3 k €103,1 k €72,7 k €38,6 k €49,5 k €33,2 k €59,3 k €58,9 k €58,8 k €58,9 k €59,6 k €58,9 k €58,8 k €380,4 k €380 k €384,1 k €61,7 k €573,1 k €
Debts1,7 M €1,9 M €1,8 M €751,4 k €752,7 k €1,1 M €1,1 M €1,2 M €3,2 M €1,2 M €1,1 M €3,1 M €3,1 M €3,4 M €3,4 M €3,4 M €3,3 M €2,8 M €
Other
Workforce1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

MARC VAN DESSEL

Director · since 22 novembre 2001

Active

Ended mandates

KRISTOF VAN DESSEL

Manager · since 27 août 2002 · until 01 avril 2007

Ended
MARC VAN DESSEL

Manager · since 22 novembre 2001

Ended
At this address

Other companies at this address

CompanyCBE no.
0423.388.370
BOXActive
0806.021.696
FIDESActive
0450.955.374
0886.108.856
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202608/05/202523/04/202425/04/202329/04/202227/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202629/04/2026DutchPDF
Micro model30/09/202428/03/202508/05/2025DutchPDF
Micro model30/09/202329/03/202423/04/2024DutchPDF
Micro model30/09/202231/03/202325/04/2023DutchPDF
Micro model30/09/202125/03/202229/04/2022DutchPDF
Micro model30/09/202026/03/202127/04/2021DutchPDF
Micro model30/09/201927/03/202029/04/2020DutchPDF
Micro model30/09/201829/03/201925/04/2019DutchPDF
Micro model30/09/201730/03/201826/04/2018DutchPDF
Abridged model30/09/201631/03/201728/04/2017DutchPDF
Abridged model30/09/201525/03/201631/03/2016DutchPDF
Abridged model30/09/201427/03/201502/04/2015DutchPDF
Abridged model30/09/201328/03/201431/03/2014DutchPDF
Abridged model30/09/201229/03/201324/04/2013DutchPDF
Abridged model30/09/201130/03/201215/05/2012DutchPDF
Abridged model30/09/201025/03/201113/05/2011DutchPDF
Abridged model30/09/200926/03/201020/05/2010DutchPDF
Abridged model30/09/200831/07/200901/08/2009DutchPDF
Abridged model30/09/200715/11/200801/12/2008DutchPDF
Abridged model30/09/200615/11/200801/12/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 1 active · 2 ended

Active mandates

MARC VAN DESSEL

Director · since 22 novembre 2001

Active

Ended mandates

KRISTOF VAN DESSEL

Manager · since 27 août 2002 · until 01 avril 2007

Ended
MARC VAN DESSEL

Manager · since 22 novembre 2001

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/06/2024
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/03/2011
    ALGEMENE VERGADERING
    PDF
  • Mandates30/11/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2002
    ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 2025101,5 k €
  2. 2024
    Annual accounts 202458,8 k €
  3. 2023
    Annual accounts 2023-141,1 k €
  4. 2022
    Annual accounts 2022-2,5 k €
  5. 2020
    Annual accounts 2020384,1 k €
  6. 2019
    Annual accounts 2019-78,4 k €
  7. 2018
    Annual accounts 2018-16,4 k €
  8. 2017
    Annual accounts 2017-4,5 k €
  9. 2016
    Annual accounts 2016-38,6 k €
  10. 2015
    Annual accounts 2015-63,7 k €
  11. 2014
    Annual accounts 2014-105,6 k €
  12. 2013
    Annual accounts 2013-89,6 k €
  13. 2012
    Annual accounts 201219,5 k €
  14. 2011
    Annual accounts 2011-90,5 k €
  15. 2010
    Annual accounts 2010-50,7 k €
  16. 2009
    Annual accounts 2009-2,7 k €
  17. 2007
    Annual accounts 2007-23,6 k €
  18. 2006
    Annual accounts 2006-13,8 k €
  19. 26/11/2001
    IncorporationPrivate limited company