ACTIVE

Minsky

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Financial year 2025 · closed on 31/12/2025
Net result
-2,4 k €
+23.8% YoY
Gross margin
443,4 k €
-1.1% YoY
Equity
139,4 k €
-1.7% YoY
Workforce
7,1 ETP
-2.7% YoY

What does Minsky do?

Minsky is a Private limited company incorporated in 2014. Its main activity is: Computer programming activities. Its registered office is in Bruxelles. It employs on average 7,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0550.898.335
Incorporation
25/04/2014
Legal form
Private limited company
Registered office
Rue aux Fleurs 32 (niv 1)
1000 Bruxelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
7,1 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities62200Computer programming, consultancy and related activities63120Web portals+5
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin443,4 k €448,3 k €385,1 k €336,6 k €257,2 k €212,6 k €241,3 k €105,6 k €43,8 k €41,4 k €39,4 k €
EBITDA17,9 k €19,1 k €47,6 k €53,3 k €30,7 k €26,7 k €83,2 k €22,6 k €-7 k €10,3 k €33,8 k €
Operating result2,4 k €2,8 k €37,8 k €47,5 k €24,6 k €20,7 k €76,5 k €11 k €-15,5 k €472,6 €26,5 k €
Net result-2,4 k €-3,1 k €22,1 k €28,6 k €15,1 k €12,2 k €50,5 k €8,9 k €-15,9 k €-870,2 €18,3 k €
Balance sheet
Equity139,4 k €141,8 k €144,9 k €122,8 k €94,2 k €79,2 k €67 k €16,5 k €7,7 k €23,6 k €24,5 k €
Total assets423,9 k €451,2 k €420,2 k €295,7 k €444,8 k €392,6 k €248,1 k €208,8 k €103,2 k €111,8 k €79,1 k €
Cash209,7 k €189,6 k €206,2 k €177,2 k €330,2 k €219,3 k €152,8 k €108,4 k €56,5 k €60,7 k €43,3 k €
Debts284,5 k €308,5 k €272,7 k €146,4 k €266,2 k €313 k €170,6 k €192,1 k €95,5 k €88,2 k €54,6 k €
Other
Workforce7,1 ETP7,3 ETP5,8 ETP5,0 ETP5,1 ETP4,4 ETP3,5 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Anselm Vereertbrugghen

Director

Active
Matthias Oben

Director

Active

Ended mandates

Matthias Oben

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202628/07/202502/07/202427/07/202325/07/202205/08/2021
General meeting26/06/202630/06/202528/06/202430/06/202325/06/202209/07/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202629/06/2026DutchPDF
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202328/06/202402/07/2024DutchPDF
Abridged model31/12/202230/06/202327/07/2023DutchPDF
Abridged model31/12/202125/06/202225/07/2022DutchPDF
Abridged model31/12/202009/07/202105/08/2021DutchPDF
Abridged model31/12/201926/06/202023/07/2020DutchPDF
Abridged model31/12/201801/07/201930/07/2019DutchPDF
Abridged model31/12/201728/06/201803/07/2018DutchPDF
Abridged model31/12/201628/06/201725/07/2017DutchPDF
Abridged model31/12/201509/08/201609/08/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 1 ended

Active mandates

Anselm Vereertbrugghen

Director

Active
Matthias Oben

Director

Active

Ended mandates

Matthias Oben

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/10/2024
    MAATSCHAPPELIJKE ZETEL, ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/10/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/04/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-2,4 k €↑
  2. 2024
    Annual accounts 2024-3,1 k €↓
  3. 2023
    Annual accounts 202322,1 k €↓
  4. 2022
    Annual accounts 202228,6 k €↑
  5. 2021
    Annual accounts 202115,1 k €↑
  6. 2020
    Annual accounts 202012,2 k €↓
  7. 2019
    Annual accounts 201950,5 k €↑
  8. 2018
    Annual accounts 20188,9 k €↑
  9. 2017
    Annual accounts 2017-15,9 k €↓
  10. 2016
    Annual accounts 2016-870,2 €↓
  11. 2015
    Annual accounts 201518,3 k €
  12. 25/04/2014
    IncorporationPrivate limited company