Frères Mineurs
Frères Mineurs has been active since 1923 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.70M and a net result of €-240k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 93% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €9.70M |
| Net result | €-240k |
| Staff (FTE) | 13 |
| Better than sector | 93% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.3% | 61.4% | |
| Net result | €-240k | €12k | |
| Equity | €9.70M | €652k | |
| Gross operating margin | €601k | €815k | |
| Staff costs | €671k | €737k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-268k | €-127k | €-16k | €-312k | €64k |
| Net profit | €-240k | €-222k | €-99k | €-301k | €18k |
| Cash flow | €-170k | €-95k | €34k | €-159k | €152k |
| Staff costs | €671k | €521k | €500k | €455k | €252k |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €9.98M | €9.23M | €9.37M | €9.50M | €9.69M |
| Equity | €9.70M | €8.94M | €9.16M | €9.26M | €9.56M |
| Debt | €272k | €295k | €217k | €242k | €133k |
| of which ≤ 1y | €272k | €295k | €217k | €242k | €129k |
| of which > 1y | - | - | - | - | - |
| Working capital | €4.26M | €4.43M | €4.57M | €4.55M | €4.79M |
| Employees (FTE) | 13.0 | 12.7 | 12.7 | 12.9 | 12.1 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 16.67 | 16.04 | 22.06 | 19.81 | 38.04 |
| Quick ratio | 16.67 | 16.04 | 22.06 | 19.81 | 38.04 |
| Working capital ratio | 42.7% | 48.0% | 48.8% | 47.9% | 49.5% |
| Solvency | 97.3% | 96.8% | 97.7% | 97.5% | 98.6% |
| Debt / equity | 0.03 | 0.03 | 0.02 | 0.03 | 0.01 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -17.73 | -41.35 | -1.93 | -12.39 | 5.10 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -2.4% | -2.4% | -1.1% | -3.2% | 0.2% |
| ROE | -2.5% | -2.5% | -1.1% | -3.3% | 0.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | 32d | 14d |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €9.98M | €9.23M | €9.37M | €9.50M | €9.69M |
| Fixed assets | 21/28 | €5.45M | €4.51M | €4.59M | €4.70M | €4.77M |
| Tangible fixed assets | 22/27 | €5.45M | €4.51M | €4.59M | €4.70M | €4.77M |
| Current assets | 29/58 | €4.53M | €4.72M | €4.79M | €4.79M | €4.92M |
| Amounts receivable within one year | 40/41 | €47k | €55k | €54k | €48k | €44k |
| Investments | 50/53 | €3.23M | €3.46M | €3.94M | €3.73M | €3.85M |
| Cash & bank | 54/58 | €1.24M | €1.21M | €791k | €989k | €984k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.98M | €9.23M | €9.37M | €9.50M | €9.69M |
| Equity | 10/15 | €9.70M | €8.94M | €9.16M | €9.26M | €9.56M |
| Contributions / capital | 10/11 | €7.01M | €7.00M | €7.00M | €7.00M | - |
| Reserves | 13 | €575k | €575k | €529k | €529k | €529k |
| Accumulated profits (losses) | 14 | €251k | €490k | €758k | €857k | €1.16M |
| Amounts payable | 17/49 | €272k | €295k | €217k | €242k | €133k |
| Amounts payable within one year | 42/48 | €272k | €295k | €217k | €242k | €129k |
| Trade debts payable within one year | 44 | €63k | €63k | €7k | €79k | €19k |
| Income statement | ||||||
| Gross operating margin | 9900 | €601k | €586k | €606k | €380k | €501k |
| Operating result | 9901 | €-338k | €-254k | €-150k | €-454k | €-70k |
| Financial income | 75 | €113k | €35k | €59k | €178k | €100k |
| Financial charges | 65 | €15k | €3k | €8k | €25k | €13k |
| Result before taxes | 9903 | €-240k | €-222k | €-99k | €-301k | €18k |
| Net result for the period | 9904 | €-240k | €-222k | €-99k | €-301k | €18k |
| Result to be appropriated | 9905 | €-240k | €-222k | €-99k | €-301k | €18k |
| NACE primary | Activities of religious organisations(94910) |
| Legal form | Non-profit association(017) |
| Incorporation | 01-01-1923 |
| Status | Active |
| Postal code | 1150 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0257/00B000 | Wallonia | 7,125 m² | 1 · 142 m² | 8.0 m · 2 fl. |
| 21684B0057/00W026 | Brussels | 2,593 m² | - | - |
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-06-2026 Act
Technical details
{
"facts": [
{
"type": "filing",
"quote": "D\u00E9pos\u00E9 / Re\u00E7u le 08 JUIN 2026 au greffe du tribunal de l\u0027entreprise -francophone de Bruxelles-",
"value": "2026-06-08",
"object": null,
"subject": "e1"
},
{
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 15/06/2026 - Annexes du Moniteur belge",
"value": "2026-06-15",
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale acte la d\u00E9mission des administrateurs suivants -Michel Laloux, n\u00E9 \u00E0 Ciney le 15.09.1957 et domicili\u00E9 7, rue Marie-Rose, 75014 PARIS (France), administrateur, pr\u00E9sident.",
"value": {
"role": "administrateur, pr\u00E9sident"
},
"object": "e1",
"subject": "e2"
},
{
"type": "officer_resignation",
"quote": "-Nguyen Hung L\u00E2n, n\u00E9 le 12 f\u00E9vrier 1952 \u00E0 Gla Dinh (Vietnam), et domicili\u00E9 boulevard du midi, 142, 1000 Bruxelies, administrateur.",
"value": {
"role": "administrateur"
},
"object": "e1",
"subject": "e3"
},
{
"type": "officer_resignation",
"quote": "-Paul Smolders, n\u00E9 \u00E0 Bruxelles le 8 septembre 1935, et domicili\u00E9 boulevard du midi, 142, 1000 Bruxelles, administrateur, administrateur d\u00E9l\u00E9gu\u00E9 et vice-pr\u00E9sident",
"value": {
"role": "administrateur, administrateur d\u00E9l\u00E9gu\u00E9 et vice-pr\u00E9sident"
},
"object": "e1",
"subject": "e4"
},
{
"type": "officer_appointment",
"quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale nomme les administrateurs suivants: -Fr\u00E9d\u00E9ric Le M\u00E9haut\u00E9, n\u00E9 \u00E0 Paris le 17 mars 1974, domicili\u00E9 7, rue Marie-Rose, 75014 PARIS (France), \u00E9lu en qualit\u00E9 de pr\u00E9sident.",
"value": {
"role": "administrateur, pr\u00E9sident"
},
"object": "e1",
"subject": "e5"
},
{
"type": "officer_appointment",
"quote": "-BRAILLY Christian, n\u00E9 le 6 octobre 1957, domicili\u00E9 2 avenue du Chant d\u0027Oiseau \u00E0 1150 Bruxelles, \u00E9lu en qualit\u00E9 de vice-pr\u00E9sident",
"value": {
"role": "administrateur, vice-pr\u00E9sident"
},
"object": "e1",
"subject": "e6"
},
{
"type": "officer_appointment",
"quote": "-LAURENT Jean Paul, n\u00E9 \u00E0 Ottignies le 18 d\u00E9cembre 1957, domicili\u00E9 2 avenue du Chant d\u0027Oiseau \u00E0 1150 Bruxelles, \u00E9lu en qualit\u00E9 d\u0027administrateur d\u00E9l\u00E9gu\u00E9",
"value": {
"role": "administrateur d\u00E9l\u00E9gu\u00E9"
},
"object": "e1",
"subject": "e7"
},
{
"type": "officer_appointment",
"quote": "Selon la d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale, l\u0027organe d\u0027administration se compose d\u00E9sormais comme suit: ... -LE MAOU Yannick, administrateur d\u00E9l\u00E9gu\u00E9",
"value": {
"role": "administrateur d\u00E9l\u00E9gu\u00E9"
},
"object": "e1",
"subject": "e8"
},
{
"type": "officer_appointment",
"quote": "Selon la d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale, l\u0027organe d\u0027administration se compose d\u00E9sormais comme suit: ... -MARCHAL Roger, administrateur",
"value": {
"role": "administrateur"
},
"object": "e1",
"subject": "e9"
},
{
"type": "officer_appointment",
"quote": "Selon la d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale, l\u0027organe d\u0027administration se compose d\u00E9sormais comme suit: ... -VERHOEVEN Fabienne, administrateur",
"value": {
"role": "administrateur"
},
"object": "e1",
"subject": "e10"
},
{
"type": "power_of_attorney",
"quote": "En outre un pouvoir d\u00E9l\u00E9gu\u00E9 pour la gestion journali\u00E8re restera conf\u00E9r\u00E9 \u00E0 HEIJMANS Thierry, employ\u00E9",
"value": {
"scope": "gestion journali\u00E8re"
},
"object": "e1",
"subject": "e11"
},
{
"type": "act_object",
"quote": "Objet de l\u0027acte : d\u00E9missions et nominations d\u0027administrateurs",
"value": "d\u00E9missions et nominations d\u0027administrateurs",
"object": null,
"subject": null
}
],
"act_meta": {
"model_id": 40,
"extractor": "open-capture-27b-v3",
"ocr_chars": 2355,
"truncated": false,
"needs_verify": false
},
"entities": [
{
"id": "e1",
"kbo": "0409.653.962",
"kind": "company",
"name": "Fr\u00E8res Mineurs",
"attrs": {
"seat": "Avenue du Chant d\u0027Oiseau, 2 \u00E0 1150 Bruxelles",
"legal_form": "Association sans but lucratif"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Michel Laloux",
"attrs": {
"address": "7, rue Marie-Rose, 75014 PARIS (France)",
"birth_date": "1957-09-15",
"birth_place": "Ciney"
}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Nguyen Hung L\u00E2n",
"attrs": {
"address": "boulevard du midi, 142, 1000 Bruxelies",
"birth_date": "1952-02-12",
"birth_place": "Gla Dinh (Vietnam)"
}
},
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{
"id": "e5",
"kbo": null,
"kind": "person",
"name": "Fr\u00E9d\u00E9ric Le M\u00E9haut\u00E9",
"attrs": {
"address": "7, rue Marie-Rose, 75014 PARIS (France)",
"birth_date": "1974-03-17",
"birth_place": "Paris"
}
},
{
"id": "e6",
"kbo": null,
"kind": "person",
"name": "BRAILLY Christian",
"attrs": {
"address": "2 avenue du Chant d\u0027Oiseau \u00E0 1150 Bruxelles",
"birth_date": "1957-10-06"
}
},
{
"id": "e7",
"kbo": null,
"kind": "person",
"name": "LAURENT Jean Paul",
"attrs": {
"address": "2 avenue du Chant d\u0027Oiseau \u00E0 1150 Bruxelles",
"birth_date": "1957-12-18",
"birth_place": "Ottignies"
}
},
{
"id": "e8",
"kbo": null,
"kind": "person",
"name": "LE MAOU Yannick",
"attrs": {}
},
{
"id": "e9",
"kbo": null,
"kind": "person",
"name": "MARCHAL Roger",
"attrs": {}
},
{
"id": "e10",
"kbo": null,
"kind": "person",
"name": "VERHOEVEN Fabienne",
"attrs": {}
},
{
"id": "e11",
"kbo": null,
"kind": "person",
"name": "HEIJMANS Thierry",
"attrs": {
"role": "employ\u00E9"
}
}
]
}| Legal nameFR | Frères Mineurs |