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2 Minds

Active
Private limited companyfounded 201016 yrs activeKlipperstraat 2, 9000 Gent, BelgiumKBO/BCE: BE 0823.112.997
Summary

2 Minds has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €26k. Equity is growing by ~44.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability51▼-3
Solvency52▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.87 in 2024; short-term debt: 72.6% and cash: 1.1% of total assets), and 72.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.4%
Return on assets
5.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
61 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
33 d early
2019
27 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€131k▲ 24.4%
2024 · €105k
2018: €15k 2019: €9k▼ -39.0% vs 2018lowest in 8 years 2020: €22k▲ +137% vs 2019 2021: €25k▲ +10.6% vs 2020 2022: €53k▲ +116% vs 2021 2023: €82k▲ +53.8% vs 2022 2024: €105k▲ +28.1% vs 2023 2025: €131k▲ +24.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€478k▲ 38.8%
2024 · €344k
2018: €26klowest in 8 years 2019: €34k▲ +33.3% vs 2018 2020: €62k▲ +80.8% vs 2019 2021: €55k▼ -11.8% vs 2020 2022: €139k▲ +155% vs 2021 2023: €191k▲ +37.0% vs 2022 2024: €344k▲ +80.5% vs 2023 2025: €478k▲ +38.8% vs 2024highest in 8 years
2018 → 2025
Net result
€26k▲ 11.3%
2024 · €23k
2018: €-10klowest in 8 years 2019: €-6k▲ +38.3% vs 2018 2020: €13k▲ +315% vs 2019 2021: €-4k▼ -129% vs 2020 2022: €33k▲ +974% vs 2021highest in 8 years 2023: €31k▼ -6.0% vs 2022 2024: €23k▼ -26.2% vs 2023 2025: €26k▲ +11.3% vs 2024
2018 → 2025
Working capital
€-92k▼ 207%
2024 · €-30k
2018: €15k 2019: €9k▼ -39.0% vs 2018 2020: €20k▲ +112% vs 2019 2021: €24k▲ +22.7% vs 2020highest in 8 years 2022: €-27k▼ -210% vs 2021 2023: €2k▲ +107% vs 2022 2024: €-30k▼ -1688% vs 2023 2025: €-92k▼ -207% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€25k-€53k▲ 116%€82k▲ 53.8%€105k▲ 28.1%€131k▲ 24.4% 2021: €25klowest in 5 years 2022: €53k▲ +116% vs 2021 2023: €82k▲ +53.8% vs 2022 2024: €105k▲ +28.1% vs 2023 2025: €131k▲ +24.4% vs 2024highest in 5 years
Operating result€-4k-€43k€43k▼ 0.2%€42k▼ 3.6%€47k▲ 12.2% 2021: €-4klowest in 5 years 2022: €43k▲ +1305% vs 2021 2023: €43k▼ -0.2% vs 2022 2024: €42k▼ -3.6% vs 2023 2025: €47k▲ +12.2% vs 2024highest in 5 years
Net result€-4k-€33k€31k▼ 6.0%€23k▼ 26.2%€26k▲ 11.3% 2021: €-4klowest in 5 years 2022: €33k▲ +974% vs 2021highest in 5 years 2023: €31k▼ -6.0% vs 2022 2024: €23k▼ -26.2% vs 2023 2025: €26k▲ +11.3% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €-4k€-4kNet result 2021: €-4k€-4kOperating result 2022: €43k€43kNet result 2022: €33k€33kOperating result 2023: €43k€43kNet result 2023: €31k€31kOperating result 2024: €42k€42kNet result 2024: €23k€23kOperating result 2025: €47k€47kNet result 2025: €26k€26k20212022202320242025€0€20k€40kOperating result 2023: €43k€43kNet result 2023: €31k€31kOperating result 2024: €42k€42kNet result 2024: €23k€23kOperating result 2025: €47k€47kNet result 2025: €26k€26k202320242025
The operating result recovers in 2025; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €478k
Fixed assets €223k ▲ 64.9%
Current assets €255k ▲ 21.9%
Equity and liabilities €478k
Equity €131k ▲ 24.4%
Debt €347k ▲ 45.1%
Debt's share of the balance-sheet total rises from 69.5% to 72.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.73▼
2024 · 0.87
Debt to equity
2.66▲
2024 · 2.28
ROE
19.6%▼
2024 · 21.9%
ROA
5.4%▼
2024 · 6.7%
Debt ≤ 1 year
€347k▲
2024 · €239k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€344k€478k▲
Fixed assets21/28€135k€223k▲
Financial fixed assets28€135k€223k▲
Current assets29/58€209k€255k▲
Amounts receivable after more than one year29€70k€70k=
Other amounts receivable291€70k€70k=
Amounts receivable within one year40/41€111k€180k▲
Trade receivables40€111k€180k▲
Cash at bank and in hand54/58€29k€5k▼
Equity and liabilities
Total equity and liabilities10/49€344k€478k▲
Equity10/15€105k€131k▲
Contributions10/11€19k€19k=
Reserves13€86k€112k▲
Distributable reserves133€86k€112k▲
Amounts payable17/49€239k€347k▲
Amounts payable within one year42/48€239k€347k▲
Trade debts44€3k€13k▲
Suppliers440/4€3k€13k▲
Taxes, remuneration and social security45€83k€102k▲
Taxes450/3€14k€9k▼
Remuneration and social security454/9€68k€93k▲
Other amounts payable47/48€153k€232k▲
Income statement Code20242025
Other operating charges640/8€2k€1k▼
Gross operating margin9900€44k€48k▲
Operating profit (loss)9901€42k€47k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€35k€39k▲
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€23k€26k▲
Profit (loss) for the period to be appropriated9905€23k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€26k▲
Transfer to equity691/2€23k€26k▲
To other reserves6921€23k€26k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€265€0---
Other operating charges640/8€1k€1k€1k€2k€1k▼ 39.5%
Gross operating margin9900€-340€45k€44k€44k€48k▲ 9.7%
Operating profit (loss)9901€-4k€43k€43k€42k€47k▲ 12.2%
Financial charges65/66B€57€42€39€6k€8k▲ 20.5%
Recurring financial charges65€57€42€39€6k€8k▲ 20.5%
Profit (loss) for the period before taxes9903€-4k€43k€43k€35k€39k▲ 10.7%
Income taxes67/77€155€10k€12k€12k€13k▲ 9.6%
Profit (loss) for the period9904€-4k€33k€31k€23k€26k▲ 11.3%
Profit (loss) for the period to be appropriated9905€-4k€33k€31k€23k€26k▲ 11.3%
Line20212022202320242025Change
Assets
Total assets20/58€55k€139k€191k€344k€478k▲ 38.8%
Fixed assets21/28€265€80k€80k€135k€223k▲ 64.9%
Tangible fixed assets22/27€265€0----
Furniture and vehicles24€265€0----
Financial fixed assets28-€80k€80k€135k€223k▲ 64.9%
Current assets29/58€54k€59k€111k€209k€255k▲ 21.9%
Amounts receivable after more than one year29--€15k€70k€70k=
Other amounts receivable291--€15k€70k€70k=
Amounts receivable within one year40/41€40k€35k€92k€111k€180k▲ 62.7%
Trade receivables40€38k€34k€92k€111k€180k▲ 62.7%
Other amounts receivable41€2k€536----
Cash at bank and in hand54/58€14k€24k€4k€29k€5k▼ 82.0%
Equity and liabilities
Total equity and liabilities10/49€55k€139k€191k€344k€478k▲ 38.8%
Equity10/15€25k€53k€82k€105k€131k▲ 24.4%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€26k€35k€63k€86k€112k▲ 29.6%
Distributable reserves133€26k€35k€63k€86k€112k▲ 29.6%
Profit (loss) carried forward14€-19k€0----
Amounts payable17/49€30k€86k€109k€239k€347k▲ 45.1%
Amounts payable within one year42/48€30k€86k€109k€239k€347k▲ 45.1%
Trade debts44€727€3k€1k€3k€13k▲ 312%
Suppliers440/4€727€3k€1k€3k€13k▲ 312%
Taxes, remuneration and social security45€11k€57k€59k€83k€102k▲ 23.3%
Taxes450/3€3k€30k€18k€14k€9k▼ 37.0%
Remuneration and social security454/9€8k€27k€41k€68k€93k▲ 35.9%
Other amounts payable47/48€18k€26k€48k€153k€232k▲ 51.4%
Line20212022202320242025Change
Profit (loss) for the period9904€-4k€33k€31k€23k€26k▲ 11.3%
+ Depreciation and write-downs630€2k€265€0---
Operating cash flow (approximation)€-2k€33k€31k€23k€26k▲ 11.3%
Investment in fixed assets (approximation)-€-80k€0€-55k€-88k▼ 59.7%
Change in cash-€10k€-20k€25k€-24k▼ 195%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Equity above €100kEq €105k ▲28.1%
3 profitable years in a row build equity to €105k.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €33k
Net result €33k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €13k
Net result €13k after 2 loss-making years.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
28-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3,101 m²
Building footprint
303 m²
Volume, LiDAR
1,053 m³
Parcel 44021A3685/00F000, Flanders · tallest building 12.5 m. Linked by address, not a title deed.
15 companies at this address See who is registered here
1 establishment unit
2 MINDS
Klipperstraat 2, 9000 GentRetail trade
since 20102.187.012.973
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A3685/00F000 Flanders 3,101 m² 1 · 303 m² 12.4 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
95100Repair and maintenance of computers and communication equipment

Scores and ratios are computed by Checked and are not a credit decision.