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HUNGRY MINDS

Active
Public limited companyfounded 2002active for 24 yearsRoute de Louvain-la-Neuve(BL) 4, 5001 Namur, Belgium20 active companies are registered at this addressKBO/BCE: BE 0476.615.339
Summary

HUNGRY MINDS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €420,906 and a net result of €214,555. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 28% of 832 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Public relations and communication consultancy
NACE 73300Advertising agencies NACE 73110
5th largest employer in the province of Namur, Advertising and market research sector1 site
Size
€2.1mtotal assets 2025
Staff
21.2 FTE
Equity
€420,906
Profit
€214,555
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
BRH HOLDING · 100%
Accounts 72 days early4 of 22 deeds read
Why 91raises riskEquity €420,906 (20.3% of total assets)lowers riskLiquidity: current ratio 1.22, cash €476,200Founded in 2002Profit of €214,555 (financial year 2025)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 73, small)
Financial strength · tick = 2024
Average
Solvency 45+1
equity 20.3% of total assets
Liquidity 35+8
short-term debt 79.7% · cash 22.9%
Profitability 82-4
return on assets 10.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (719 companies, NACE 73, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 79.7% and cash: 22.9% of total assets), and 79.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small): better than 23% on solvency, 25% on liquidity, 81% on profitability and 14% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.22, cash €476,200
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €214,555 (financial year 2025)
NBB · annual accounts
raises risk · Equity €420,906 (20.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 days early
2024
100 days early
2023
12 days early
2022
25 days early
2021
100 days early
2020
114 days early
2019
80 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 72 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 May (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: Stéphane HENRY (managing director)Gazette deed
  3. Weakest financial yearnet €214,555 ▼41.1%

Key points

  • Positive: 5th largest employer in the province of Namur, Advertising and market research…in the Checked rankings No. 5 View
  • Caution: Result fell in 2025from €364,290 to €214,555 ▼ 41.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €214,555 8 years View
  • Controlled by BRH HOLDINGultimately: AdLib Inc. 100% View
  • New directorlatest change 23-02-2026 · 0 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€2.1m
Profit
€214,555
Solvency
20.3%
Total assets▼ 20.0%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
2003
Next accounts
by 31-07-2027
  1. 22-04-2025Annual accounts filed
  2. 06-03-2025Resignations & appointments
  3. 29-08-2024Resignation: Yann RAMBAUD (director and managing director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Public relations and communication consultancyNACE 73300
Founded
25-01-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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