ACTIVE

MINERVA REAL ESTATE

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Financial year 2025 · Closed on 31/12/2025

Net result648,2 k €+219,4 %over 1 year
Gross margin1,5 M €+232,0 %over 1 year
Equity1,4 M €+82,7 %over 1 year

Identity

Source · BCE/KBO

MINERVA REAL ESTATE is a Public limited company incorporated in 2005. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.448.835
Incorporation
23/11/2005
Legal form
Public limited company
Registered office
Noorderlaan 660
2030 Antwerpen · FlandreSee on map
Contributed capital
1 800 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin1,5 M €458,6 k €417,1 k €526,7 k €405,5 k €
EBITDA1,5 M €109,8 k €317,9 k €310,9 k €370,9 k €
Operating result1,3 M €-32,7 k €177,7 k €170,8 k €207,1 k €
Net result648,2 k €-543 k €-211,1 k €75,6 k €107,2 k €
Balance sheet
Equity1,4 M €783,3 k €1,3 M €1,5 M €1,5 M €
Total assets24 M €22,4 M €17,9 M €4,4 M €5,8 M €
Cash91,6 k €27 k €1,7 k €33,9 k €4,4 k €
Debts21,5 M €20,8 M €16 M €2,6 M €4,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

DELCRINVEST

Managing director · since 18 décembre 2023 · until 11 juin 2029 · 0537.478.780

Represented by Jozef Delcroix

Active
Jozef Delcroix

Director · since 18 décembre 2023 · until 11 juin 2029

Active
Katleen Delcroix

Managing director · since 18 décembre 2023 · until 11 juin 2029

Active

Ended mandates

DELCRINVEST

Director · since 12 juin 2017 · until 12 juin 2023 · 0537.478.780

Represented by Paula Donckers

Ended
DELCRINVEST

Managing director · since 12 juin 2017 · until 12 juin 2023 · 0537.478.780

Represented by Paula Donckers

Ended
DELCRINVEST

Managing director · since 12 juin 2017 · until 18 décembre 2023 · 0537.478.780

Represented by Paula Donckers

Ended
Jozef Delcroix

Director · since 12 juin 2017 · until 11 juin 2029

Ended

Other companies at this address

Noorderlaan 660 2030 Antwerpen
CompanyCBE no.
Ann@Invest● Active
0734.607.328
ANTWERP PORT STORAGE● Active
0461.893.412
Bart@Invest● Active
0734.615.345
Demafin Invest● Active
1002.195.585
IMMOBRIO● Active
0628.639.380
Junima@Invest● Active
0730.962.207
KAPELSE GROND MAATSCHAPPIJ● Active
0896.781.034
Louis@Invest● Active
0734.614.751
MINERVA TRADING● Active
0460.678.635
POLIMMO● Active
1039.992.329
Résidence Urbaine● Active
0404.729.827
Shopping Consult● Active
0794.253.816
TYRETRANS● Active
0460.651.020
ULTRIUM DEVELOPMENT● Active
0635.717.214
VACHO● Active
0446.858.709

Full financial information

Source · NBB
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 date29/07/202629/07/202517/07/202426/07/202309/08/202216/07/2021
General meeting08/06/202609/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202629/07/2026DutchPDF
Abridged model31/12/202409/06/202529/07/2025DutchPDF
Abridged model31/12/202310/06/202417/07/2024DutchPDF
Abridged model31/12/202212/06/202326/07/2023DutchPDF
Abridged model31/12/202113/06/202209/08/2022DutchPDF
Abridged model31/12/202014/06/202116/07/2021DutchPDF
Abridged model31/12/201908/06/202009/07/2020DutchPDF
Abridged model31/12/201811/06/201919/07/2019DutchPDF
Abridged model31/12/201711/06/201817/07/2018DutchPDF
Abridged model31/12/201612/06/201719/07/2017DutchPDF
Abridged model31/12/201513/06/201622/07/2016DutchPDF
Abridged model31/12/201408/06/201524/06/2015DutchPDF
Abridged model31/12/201314/06/201421/08/2014DutchPDF
Abridged model31/12/201210/06/201305/07/2013DutchPDF
Abridged model31/12/201111/06/201212/06/2012DutchPDF
Abridged model31/12/201013/06/201115/06/2011DutchPDF
Abridged model31/12/200914/06/201016/06/2010DutchPDF
Abridged model31/12/200808/06/200916/06/2009DutchPDF
Abridged model31/12/200709/06/200817/06/2008DutchPDF
Abridged model31/12/200611/06/200719/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 22 ended

Active mandates

DELCRINVEST

Managing director · since 18 décembre 2023 · until 11 juin 2029 · 0537.478.780

Represented by Jozef Delcroix

Active
Jozef Delcroix

Director · since 18 décembre 2023 · until 11 juin 2029

Active
Katleen Delcroix

Managing director · since 18 décembre 2023 · until 11 juin 2029

Active

Ended mandates

DELCRINVEST

Director · since 12 juin 2017 · until 12 juin 2023 · 0537.478.780

Represented by Paula Donckers

Ended
DELCRINVEST

Managing director · since 12 juin 2017 · until 12 juin 2023 · 0537.478.780

Represented by Paula Donckers

Ended
DELCRINVEST

Managing director · since 12 juin 2017 · until 18 décembre 2023 · 0537.478.780

Represented by Paula Donckers

Ended
Jozef Delcroix

Director · since 12 juin 2017 · until 11 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/11/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares27/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates12/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/12/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025648,2 k €↑
  2. 2024
    Annual accounts 2024-543 k €↓
  3. 2023
    Annual accounts 2023-211,1 k €↓
  4. 2022
    Annual accounts 202275,6 k €↓
  5. 2021
    Annual accounts 2021107,2 k €↓
  6. 2020
    Annual accounts 2020131,2 k €↑
  7. 2019
    Annual accounts 2019128,5 k €↑
  8. 2018
    Annual accounts 201882,2 k €↑
  9. 2017
    Annual accounts 201777,1 k €↑
  10. 2016
    Annual accounts 201653,6 k €↑
  11. 2015
    Annual accounts 2015-185,7 k €↓
  12. 2014
    Annual accounts 2014-139,6 k €↓
  13. 2013
    Annual accounts 2013-118,3 k €
  14. 23/11/2005
    IncorporationPublic limited company