CONNECTED MINDS
ActiveSummary
CONNECTED MINDS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €53k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.07 in 2024; short-term debt: 59.4% and cash: 16.6% of total assets), and 64.5% 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+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 70
Relative position
BE, all sectors
reference
Sector 70
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
35.5%
Return on assets
32.2%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
14 d late
2023
16 d late
2022
27 d late
2021
9 d late
2020
26 d late
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 15.0%
2024 · €50k
2018: €24k
2019: €27k
2020: €28k
2021: €37k
2022: €44k
2023: €40k
2024: €50k
2018 → 2025
Total assets
€163k▲ 12.9%
2024 · €145k
2018: €113k
2019: €94k
2020: €105k
2021: €162k
2022: €159k
2023: €155k
2024: €145k
2018 → 2025
Net result
€53k▲ 11.8%
2024 · €47k
2018: €75k
2019: €58k
2020: €47k
2021: €74k
2022: €67k
2023: €31k
2024: €47k
2018 → 2025
Working capital
€4k▼ 9.1%
2024 · €5k
2018: €22k
2019: €25k
2020: €25k
2021: €25k
2022: €6k
2023: €-6k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€44k▲ 19.5%€40k▼ 8.1%€50k▲ 24.8%€58k▲ 15.0%
Operating result€97k-€86k▼ 11.2%€44k▼ 48.5%€66k▲ 47.3%€71k▲ 8.8%
Net result€74k-€67k▼ 9.7%€31k▼ 53.2%€47k▲ 49.6%€53k▲ 11.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€62k ▼ 7.8%
Current assets
€101k ▲ 30.8%
Equity and liabilities €163k
Equity
€58k ▲ 15.0%
Debt
€105k ▲ 11.8%
Debt's share of the balance-sheet total falls from 65.1% to 64.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86k▲
2024 · €83k
Cash flow
€67k▲
2024 · €64k
Current ratio
1.05▼
2024 · 1.07
Debt to equity
1.82▼
2024 · 1.87
ROE
90.6%▼
2024 · 93.2%
ROA
32.2%▼
2024 · 32.5%
Interest coverage
25.16▲
2024 · 20.97
Debt ≤ 1 year
€97k▲
2024 · €73k
Debt > 1 year
€8k▼
2024 · €21k
Income taxes
€15k▲
2024 · €15k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€145k€163k▲
Formation expenses20€0-
Fixed assets21/28€67k€62k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€67k€59k▼
Plant, machinery and equipment23€28k€29k▲
Furniture and vehicles24€39k€30k▼
Financial fixed assets28€41€41=
Current assets29/58€78k€101k▲
Amounts receivable within one year40/41€24k€61k▲
Trade receivables40€9k€52k▲
Other amounts receivable41€15k€10k▼
Cash at bank and in hand54/58€48k€27k▼
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€145k€163k▲
Equity10/15€50k€58k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€30k€38k▲
Amounts payable17/49€94k€105k▲
Amounts payable after more than one year17€21k€8k▼
Financial debts170/4€21k€8k▼
Amounts payable within one year42/48€73k€97k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€11k€21k▲
Suppliers440/4€11k€21k▲
Taxes, remuneration and social security45€13k€20k▲
Taxes450/3€13k€20k▲
Other amounts payable47/48€37k€43k▲
Accrued charges and deferred income492/3€577€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Other operating charges640/8€952€772▼
Gross operating margin9900€84k€86k▲
Operating profit (loss)9901€66k€71k▲
Financial income75/76B€68€6▼
Recurring financial income75€68€6▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€62k€68k▲
Income taxes67/77€15k€15k▲
Profit (loss) for the period9904€47k€53k▲
Profit (loss) for the period to be appropriated9905€47k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€83k▲
Profit (loss) brought forward from the previous period14P€20k€30k▲
Profit to be distributed694/7€37k€45k▲
Return on contributions (dividend)694€37k€45k▲
The notes to these accounts (14 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Weakest financial yearnet €31k ▼53.2%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
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, Hannut · 1 establishment unit since 2017
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.
Rue Longue Vesse (MER) 94280 HannutGround area
555 m²
Building footprint
139 m²
Parcel 64049B0305/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CONNECTED MINDS
since 20172.268.857.120
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64049B0305/00E000 | Wallonia | 555 m² | 1 · 139 m² | - |
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
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PARITEC
BE 1021.686.152
Waterloo · Eq €58,011
B2 CONSULT & SOLUTIONS
BE 1003.297.130
Theux · Eq €58,013
MAES VENTURES
BE 0754.405.721
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GreenMoon Communications
BE 0741.544.115
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,828 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
Founded13-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
73200Market research and public opinion polling
78100Employment placement agencies
82300Organisation of conventions and trade shows
85592Vocational training
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sebastien.cobut@connectedminds.be
Phone:0475/256525