BINARY MIND
ActiveBINARY MIND has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €10k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 16809 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-6
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 3.32 in 2024), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 62
lower
← 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 dateAge against the risk zone
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
69.5%
Return on assets
4.1%
Age of the figures
8 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 26-08-2026, 26 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 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
7 d early
2022
31 d late
2021
122 d late
2020
122 d late
2019
61 d late
← before the deadline
after the deadline →
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
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€172k▲ 4.0%
2024 · €165k
2018: €106k
2019: €110k
2020: €149k
2021: €175k
2022: €147k
2023: €167k
2024: €165k
2018 → 2025
Total assets
€247k▲ 0.5%
2024 · €246k
2018: €254k
2019: €225k
2020: €268k
2021: €299k
2022: €251k
2023: €241k
2024: €246k
2018 → 2025
Net result
€10k▼ 14.2%
2024 · €12k
2018: €14k
2019: €3k
2020: €39k
2021: €26k
2022: €4k
2023: €33k
2024: €12k
2018 → 2025
Working capital
€75k▲ 23.0%
2024 · €61k
2018: €32k
2019: €31k
2020: €81k
2021: €102k
2022: €75k
2023: €42k
2024: €61k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€147k▼ 16.0%€167k▲ 13.7%€165k▼ 1.2%€172k▲ 4.0%
Operating result€40k-€9k▼ 77.7%€50k▲ 456%€21k▼ 58.0%€43k▲ 107%
Net result€26k-€4k▼ 85.5%€33k▲ 767%€12k▼ 64.5%€10k▼ 14.2%
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 107% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€151k▼ 5.4%
Current assets
€97k▲ 11.4%
Equity and liabilities €247k
Equity
€172k▲ 4.0%
Provisions
€24k▲ 13.5%
Debt
€51k▼ 13.7%
The debt ratio falls from 24.2% to 20.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€52k▲
2024 · €30k
Cash flow
€19k▼
2024 · €21k
Solvency
69.5%▲
2024 · 67.2%
Current ratio
4.38▲
2024 · 3.32
Quick ratio
4.38▲
2024 · 3.32
Debt / equity
0.30▼
2024 · 0.36
ROE
5.8%▼
2024 · 7.1%
ROA
4.1%▼
2024 · 4.8%
Interest coverage
1.82▼
2024 · 8.67
Debt
€51k▼
2024 · €60k
Debt ≤ 1 year
€22k▼
2024 · €26k
Debt > 1 year
€29k▼
2024 · €33k
Income taxes
€5k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€246k€247k▲
Fixed assets21/28€159k€151k▼
Tangible fixed assets22/27€159k€151k▼
Land and buildings22€79k€78k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€26k€21k▼
Assets under construction and advance payments27€55k€51k▼
Financial fixed assets28€10€10=
Current assets29/58€87k€97k▲
Amounts receivable within one year40/41€29k€41k▲
Trade receivables40€24k€30k▲
Other amounts receivable41€5k€11k▲
Current investments50/53€19k€39k▲
Cash at bank and in hand54/58€37k€15k▼
Deferred charges and accrued income490/1€2k€984▼
Equity and liabilities
Total equity and liabilities10/49€246k€247k▲
Equity10/15€165k€172k▲
Contributions10/11€8k€8k=
Reserves13€157k€164k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€138k€145k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€21k€24k▲
Provisions for liabilities and charges160/5€21k€24k▲
Other liabilities and charges164/5€21k€24k▲
Amounts payable17/49€60k€51k▼
Amounts payable after more than one year17€33k€29k▼
Financial debts170/4€33k€29k▼
Amounts payable within one year42/48€26k€22k▼
Current portion of amounts payable after more than one year42€11k€4k▼
Financial debts43€175€149▼
Credit institutions430/8€175€149▼
Trade debts44€5k€439▼
Suppliers440/4€5k€439▼
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€3k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€21k€3k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€53k€56k▲
Operating profit (loss)9901€21k€43k▲
Financial income75/76B€1€15▲
Recurring financial income75€1€15▲
Financial charges65/66B€4k€28k▲
Recurring financial charges65€4k€28k▲
Profit (loss) for the period before taxes9903€17k€15k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€12k€10k▼
Profit (loss) for the period to be appropriated9905€12k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€10k▼
Transfer from equity791/2€14k€3k▼
Transfer to equity691/2€12k€10k▼
To other reserves6921€12k€10k▼
Profit to be distributed694/7€14k€3k▼
Return on contributions (dividend)694€14k€3k▼
The notes to these accounts (11 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €167k ▲13.7%
6 profitable years in a row build equity to €167k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Equity above €150kEq €175k ▲17.7%
4 profitable years in a row build equity to €175k.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Highest result since 2018net €39k ▲1032%
Operating result €59k, net result €39k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼74.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Moerbeke (Waas) · 1 establishment unit since 2007
Ground area
1,545 m²
Building footprint
254 m²
Volume, LiDAR
1,403 m³
2 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Binary Mind
since 20072.164.337.541
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44045C0976/00M000 | Flanders | 1,082 m² | 1 · 180 m² | 6.4 m · 1 fl. |
| 44045D0781/00M000 | Flanders | 463 m² | 1 · 74 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,798 companies in sector 62100 we hold annual accounts for 8,744. 6,755 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2007
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72210
58290Other software publishing
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72220
72400
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.