ACTIVE

MINIGRIP DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025
Net result
100,6 k €
+88.1% YoY
Gross margin
374,2 k €
+6.5% YoY
Equity
1 M €
+10.6% YoY
Workforce
3,0 ETP
-11.8% YoY

What does MINIGRIP DEVELOPMENT do?

MINIGRIP DEVELOPMENT is a Private limited company incorporated in 2018. Its main activity is: Manufacture of plastics in primary forms. Its registered office is in Enghien. It employs on average 3,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0697.838.487
Incorporation
12/06/2018
Legal form
Private limited company
Registered office
Rue Ilya Prigogine 17
7850 Enghien · WallonieSee on map
Contributed capital
101 292,83 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Activities (NACE)
20160Manufacture of plastics in primary forms· main20160Manufacture of plastics in primary forms22220Manufacture of plastic packing goods22220Manufacture of plastic packing goods
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin374,2 k €351,2 k €333 k €504,2 k €540,3 k €447,1 k €439,6 k €
EBITDA123,6 k €65,9 k €-40,7 k €154 k €236,7 k €33,7 k €12,8 k €
Operating result128,4 k €76,4 k €-19 k €141,6 k €228,6 k €81,6 k €-4,9 k €
Net result100,6 k €53,5 k €-26,9 k €100,1 k €164,6 k €55,4 k €-16,4 k €
Balance sheet
Equity1 M €946 k €892,5 k €919,5 k €819,4 k €654,8 k €599,4 k €
Total assets1,1 M €1 M €954,9 k €988,2 k €953,9 k €806,1 k €923,2 k €
Cash411,2 k €444 k €261,7 k €297,4 k €181,8 k €76,4 k €51,7 k €
Debts67,5 k €101,4 k €62,4 k €68,7 k €134,5 k €151,3 k €323,8 k €
Other
Workforce3,0 ETP3,4 ETP4,9 ETP5,5 ETP5,7 ETP7,0 ETP6,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

FLEXICO SARL S. Etr.

Director · since 29 décembre 2023

Represented by Karine SCHAEFER

Active
S2F FLEXICO SARL S. Etr.

Director · since 29 décembre 2023 · until 03 juin 2026

Represented by Isabelle MOULIN

Active

Ended mandates

FLEXICO SARL BO

Director · since 29 décembre 2023

Represented by Karine SCHAEFER

Ended
S2F FLEXICO SARL BO

Director · since 29 décembre 2023

Represented by Isabelle MOULIN

Ended
Christophe RANDOT

Manager · since 09 juin 2020 · until 23 décembre 2020

Ended
Christophe RANDOT

Manager · since 09 juin 2020

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 date06/07/202620/06/202510/07/202419/06/202330/06/202213/07/2021
General meeting24/06/202605/06/202528/06/202401/06/202327/06/202230/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202606/07/2026FrenchPDF
Abridged model31/12/202405/06/202520/06/2025DutchPDF
Abridged model31/12/202328/06/202410/07/2024DutchPDF
Abridged model31/12/202201/06/202319/06/2023DutchPDF
Abridged model31/12/202127/06/202230/06/2022DutchPDF
Abridged model31/12/202030/06/202113/07/2021DutchPDF
Abridged model31/12/201931/07/202017/08/2020DutchPDF
Abridged model31/12/201828/06/201930/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 6 ended

Active mandates

FLEXICO SARL S. Etr.

Director · since 29 décembre 2023

Represented by Karine SCHAEFER

Active
S2F FLEXICO SARL S. Etr.

Director · since 29 décembre 2023 · until 03 juin 2026

Represented by Isabelle MOULIN

Active

Ended mandates

FLEXICO SARL BO

Director · since 29 décembre 2023

Represented by Karine SCHAEFER

Ended
S2F FLEXICO SARL BO

Director · since 29 décembre 2023

Represented by Isabelle MOULIN

Ended
Christophe RANDOT

Manager · since 09 juin 2020 · until 23 décembre 2020

Ended
Christophe RANDOT

Manager · since 09 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other17/06/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office09/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates16/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Restructuring22/08/2018
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/06/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025100,6 k €↑
  2. 2024
    Annual accounts 202453,5 k €↑
  3. 2023
    Annual accounts 2023-26,9 k €↓
  4. 2022
    Annual accounts 2022100,1 k €↓
  5. 2021
    Annual accounts 2021164,6 k €↑
  6. 2020
    Annual accounts 202055,4 k €↑
  7. 2019
    Annual accounts 2019-16,4 k €
  8. 12/06/2018
    IncorporationPrivate limited company