Mindmade
ActiveSummary
Mindmade has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €40k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 10% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency26▼-47
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.3%
Return on assets
51.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 10%
← weakest
strongest →
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 02-03-2026, 151 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
151 d early
2024
143 d early
2023
61 d late
2022
on the day
2021
29 d late
2020
4 d early
2019
38 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 97.0%
2024 · €34k
2018: €21k
2019: €34k
2020: €51k
2021: €35k
2022: €35k
2023: €34k
2024: €34k
2018 → 2025
Total assets
€77k▲ 10.1%
2024 · €70k
2018: €40k
2019: €42k
2020: €66k
2021: €97k
2022: €103k
2023: €74k
2024: €70k
2018 → 2025
Net result
€40k▲ 302%
2024 · €10k
2018: €15k
2019: €13k
2020: €17k
2021: €42k
2022: €20k
2023: €14k
2024: €10k
2018 → 2025
Working capital
€5k▼ 83.7%
2024 · €28k
2018: €20k
2019: €34k
2020: €50k
2021: €29k
2022: €13k
2023: €24k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€35k▲ 0.1%€34k▼ 2.4%€34k=€1k▼ 97.0%
Operating result€55k-€26k▼ 52.8%€19k▼ 26.8%€15k▼ 22.6%€52k▲ 257%
Net result€42k-€20k▼ 51.3%€14k▼ 30.9%€10k▼ 29.4%€40k▲ 302%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 257% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€14k ▼ 28.9%
Current assets
€63k ▲ 25.5%
Equity and liabilities €77k
Equity
€1k ▼ 97.0%
Debt
€76k ▲ 111%
Debt's share of the balance-sheet total rises from 51.5% to 98.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €21k
Cash flow
€46k▲
2024 · €16k
Current ratio
1.08▼
2024 · 2.26
Debt to equity
75.75▲
2024 · 1.06
ROA
51.9%▲
2024 · 14.2%
Interest coverage
101.10▲
2024 · 25.49
Debt ≤ 1 year
€58k▲
2024 · €22k
Debt > 1 year
€18k▲
2024 · €14k
Income taxes
€12k▲
2024 · €4k
A ratio outside any meaningful range has been withheld (balance sheet total €77k, equity €1k).
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€70k€77k▲
Fixed assets21/28€20k€14k▼
Tangible fixed assets22/27€20k€14k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€17k€13k▼
Current assets29/58€50k€63k▲
Amounts receivable within one year40/41€13k€14k▲
Trade receivables40€11k€12k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€35k€47k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€77k▲
Equity10/15€34k€1k▼
Contributions10/11€19k€1k▼
Reserves13€15k€0▼
Distributable reserves133€15k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€36k€76k▲
Amounts payable after more than one year17€14k€18k▲
Other amounts payable178/9€14k€18k▲
Amounts payable within one year42/48€22k€58k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€10k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€529€457▼
Gross operating margin9900€21k€58k▲
Operating profit (loss)9901€15k€52k▲
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€820€572▼
Recurring financial charges65€820€572▼
Profit (loss) for the period before taxes9903€14k€52k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€10k€40k▲
Profit (loss) for the period to be appropriated9905€10k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€40k▲
Transfer from equity791/2€0€15k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€10k€55k▲
Return on contributions (dividend)694€10k€55k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €10k ▼29.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €42k ▲153%
Operating result €55k, net result €42k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.31
Current ratio from 2.06 to 5.31; short-term debt falls from €19k to €8k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Herselt · 1 establishment unit since 2018
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.
Limberg 1232230 HerseltGround area
926 m²
Building footprint
157 m²
Volume, LiDAR
730 m³
Parcel 13392M0291/00W000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mindmade
since 20182.271.975.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13392M0291/00W000 | Flanders | 926 m² | 1 · 157 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
ToGo
BE 0644.702.679
Grobbendonk · Eq €1,000
HAJO
BE 0668.687.217
Mechelen · Eq €1,000
ICDATA
BE 0670.586.338
Diepenbeek · Eq €1,000
Konaco
BE 0697.635.084
Buggenhout · Eq €1,000
MX Consulting
BE 0707.564.025
Braine-l'Alleud · Eq €1,000
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 1,865 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
64210Activities of holding companies
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.