ACTIVE

Minerva Services

Financial year 2025 · closed on 31/12/2025
Net result
164,2 k €
+52.8% YoY
Gross margin
454,4 k €
+36.0% YoY
Equity
220,8 k €
0.0% YoY
Workforce
2,0 ETP
+81.8% YoY

What does Minerva Services do?

Minerva Services is a Private limited company incorporated in 2022. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0785.655.656
Incorporation
03/05/2022
Legal form
Private limited company
Registered office
Smallandlaan 4
2660 Antwerpen · FlandreSee on map
Contributed capital
15 000,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (3)
  • 111
  • 11101
  • 209
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin454,4 k €334,2 k €205,1 k €42,1 k €
EBITDA291,6 k €245,4 k €160,7 k €42,1 k €
Operating result224,6 k €161,7 k €155,8 k €40,1 k €
Net result164,2 k €107,4 k €129,2 k €29,1 k €
Balance sheet
Equity220,8 k €220,8 k €113,3 k €44,1 k €
Total assets1,4 M €828,6 k €323,4 k €388,4 k €
Cash340,8 k €15,5 k €148 k €5,5 k €
Debts1,2 M €605,3 k €210,1 k €134,4 k €
Other
Workforce2,0 ETP1,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Mohamed Aït Ahmed

Director · since 17 juin 2025

Active
BELMAT ENGINEERING AND SERVICE

Director · since 02 mai 2022 · 0696.667.262

Represented by Bekaert MARNIX

Active
LOKACTION

Director · since 02 mai 2022 · 0831.863.090

Represented by Van ROMPAEY FLORIS

Active

Ended mandates

Aitech

Director · since 03 mai 2022 · 0841.397.202

Represented by Mohamed AÏT AHMED

Ended
BELMAT ENGINEERING AND SERVICE

Director · since 03 mai 2022 · 0696.667.262

Represented by Marnix BEKAERT

Ended
LOKACTION

Director · since 03 mai 2022 · 0831.863.090

Represented by Floris VAN ROMPAEY

Ended
Aitech

Director · since 02 mai 2022 · 0841.397.202

Represented by Mohamed AÏT AHMED

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202303/05/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months8 months
Filing date07/05/202617/07/202501/07/202411/07/2023
General meeting27/04/202618/06/202519/06/202421/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/04/202607/05/2026DutchPDF
Abridged model31/12/202418/06/202517/07/2025DutchPDF
Micro model31/12/202319/06/202401/07/2024DutchPDF
Micro model31/12/202221/06/202311/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 7 ended

Active mandates

Mohamed Aït Ahmed

Director · since 17 juin 2025

Active
BELMAT ENGINEERING AND SERVICE

Director · since 02 mai 2022 · 0696.667.262

Represented by Bekaert MARNIX

Active
LOKACTION

Director · since 02 mai 2022 · 0831.863.090

Represented by Van ROMPAEY FLORIS

Active

Ended mandates

Aitech

Director · since 03 mai 2022 · 0841.397.202

Represented by Mohamed AÏT AHMED

Ended
BELMAT ENGINEERING AND SERVICE

Director · since 03 mai 2022 · 0696.667.262

Represented by Marnix BEKAERT

Ended
LOKACTION

Director · since 03 mai 2022 · 0831.863.090

Represented by Floris VAN ROMPAEY

Ended
Aitech

Director · since 02 mai 2022 · 0841.397.202

Represented by Mohamed AÏT AHMED

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates26/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/05/2022
    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 2025164,2 k €
  2. 2024
    Annual accounts 2024107,4 k €
  3. 2023
    Annual accounts 2023129,2 k €
  4. 2022
    Annual accounts 202229,1 k €
  5. 03/05/2022
    IncorporationPrivate limited company