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MIND8

Active
Private limited company·Overige persoonlijke diensten· 3 yrs active
Gentsestraat 36 ·8530 Harelbeke, Belgium
KBO/BCE: BE 0803.319.257
Watch Print / PDF
Age3 yrs
Real estate1 parcel · 277 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MIND8 is 2.3% (moderate). The 2024 annual accounts show equity of €5k and a net result of €-18k. Its solvency ranks better than 41% of 1745 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 27-08-2025 27 d late 2025-00414418

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-18k
Working capital€-67k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 96, Personal services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 6.4% 14.6%
better than 41% of 1745 sector peers
Net result €-18k €1k
better than 10% of 1742 sector peers
Equity €5k €5k
better than 48% of 1749 sector peers
Gross operating margin €-1k €16k
better than 16% of 1741 sector peers
Staff costs €264 €26k
higher than 7% of 793 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-2k
Net profit€-18k
Cash flow€-5k
Staff costs€264
Income taxes-
Dividends-
Total assets€72k
Equity€5k
Debt€67k
of which ≤ 1y€67k
of which > 1y-
Working capital€-67k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.01
Quick ratio0.01
Working capital ratio-92.3%
Solvency6.4%
Debt / equity14.65
Long-term debt ratio-
Interest coverage-0.41
Gross margin-
Net margin-
ROA-24.8%
ROE-388.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€72k
Fixed assets 21/28€71k
Intangible fixed assets 21€71k
Current assets 29/58€934
Amounts receivable within one year 40/41€32
Cash & bank 54/58€902
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€72k
Equity 10/15€5k
Contributions / capital 10/11€23k
Accumulated profits (losses) 14€-18k
Amounts payable 17/49€67k
Amounts payable within one year 42/48€67k
Trade debts payable within one year 44€53k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-14k
Financial income 75€0
Financial charges 65€4k
Result before taxes 9903€-18k
Net result for the period 9904€-18k
Result to be appropriated 9905€-18k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
5 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gentsestraat 368530 Harelbeke

Establishment units

1 location
MIND8
Gentsestraat 36, 8530 HarelbekeOntwerpen en programmeren van computerprogramma's
since 20232.347.098.013
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area277 m²
Buildings1
Building footprint263 m²
Volume (LiDAR)1,774 m³
Tallest building14.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34013A0543/00E000 Flanders 277 m² 1 · 263 m² 14.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health5Profitability0Solvency4Growth-Stability79
22 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 5
Profitability 0
Solvency 4
Growth -
Stability 79

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 148 of the 7,056 companies in this sector. 85 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige persoonlijke diensten96099Overige persoonlijke diensten96999
Primary activity highlighted.
Names & trade names
Legal nameNL MIND8
Registered office
Gentsestraat 36 bus 101
8530 Harelbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.