Active BE 0776.535.973Private limited company

CORE MINDED

Drève du Moulin 16 ·1410 Waterloo, Belgium· 4 yrs active

Sector: NACE 78200 (78200)

Conclusion Checked

The computed 12-month bankruptcy probability of CORE MINDED is 1.1% (low). The 2025 annual accounts show equity of €31k and a net result of €32k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 122 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€31k
Net result	€32k
Better than sector	31%
Active	4 yrs

Snowflake analysis 5 axes · computed by Checked

75 / 100

Exceptional profile, strong across almost every axis.

Health 86

Profitability 100

Solvency 63

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

1.1% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

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

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2025 · computed

86 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 11-05-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~9.7%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 78 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	33.5%	57.0%	better than 31% of 122 sector peers
Net result	€32k	€24k	better than 60% of 122 sector peers
Equity	€31k	€56k	better than 36% of 122 sector peers
Gross operating margin	€41k	€42k	better than 49% of 121 sector peers
Total assets	€93k	€123k	better than 37% of 122 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€41k

+71.7% +48% vs sector

Net profit

€32k

+58.1% +31% vs sector

Cash flow

€32k

+52.1% +33% vs sector

Total assets

€93k

+16.2% -85% vs sector

Equity

€31k

-21.4% -93% vs sector

Working capital

€28k

-24.4% -91% vs sector

Income taxes

€8k

+250.8% -31% vs sector

Dividends

€40k

+100.0% +16% vs sector

Debt

€62k

+53.1% -51% vs sector

Debt ≤ 1y

€62k

+53.1% -51% vs sector

Current ratio

1.45

-24.1% -59% vs sector

Quick ratio

1.45

-24.1% -59% vs sector

Solvency

33.5%

-32.4% -53% vs sector

Debt / equity

1.98

+95.0% far above sector median

ROE

101.5%

+101.2% far above sector median

ROA

34.0%

+36.1% far above sector median

Interest coverage

282.09

+55.5% far above sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	€41k
Net profit	€32k
Cash flow	€32k
Staff costs	-
Income taxes	€8k
Dividends	€40k
Total assets	€93k
Equity	€31k
Debt	€62k
of which ≤ 1y	€62k
of which > 1y	-
Working capital	€28k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.45
Quick ratio	1.45
Working capital ratio	29.8%
Solvency	33.5%
Debt / equity	1.98
Long-term debt ratio	-
Interest coverage	282.09
Gross margin	-
Net margin	-
ROA	34.0%
ROE	101.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €3k · 3.7% Current assets €89k · 96.3%

Equity & liabilities

Equity €31k · 33.5% Debt €62k · 66.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€93k
Fixed assets	21/28	€3k
Intangible fixed assets	21	€104
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€900
Current assets	29/58	€89k
Amounts receivable within one year	40/41	€34k
Cash & bank	54/58	€55k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€93k
Equity	10/15	€31k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€28k
Amounts payable	17/49	€62k
Amounts payable within one year	42/48	€62k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€41k
Operating result	9901	€40k
Financial charges	65	€145
Result before taxes	9903	€40k
Income taxes	67/77	€8k
Net result for the period	9904	€32k
Result to be appropriated	9905	€32k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	78200
Legal form	Private limited company(610)
Incorporation	27-10-2021
Status	Active
Postal code	1410

Establishment units 1 location

EAT LIFE !

Drève du Moulin 16, 1410 WaterlooOverige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

since 20212.325.084.060

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25762F0689/00A000	Wallonia	234 m²	1 · 58 m²	10.6 m · 3 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.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

11-05-2026