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D-MIND

Active
Private limited companyfounded 20214 yrs activeRoger Vansteenbruggestraat 48, 8790 Waregem, BelgiumKBO/BCE: BE 0774.809.868
Summary

D-MIND has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €904,636 and a net result of €320,047. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+5
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 14.92 against 16.1 in 2024; short-term debt: 5.8% and cash: 12.2% of total assets), and 6.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
93.8%
Return on assets
33.2%
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
21 d early
2024
15 d early
2023
30 d early
2022
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

D-MIND was incorporated on 30 September 2021 as a Private limited company.1 Total assets fell from EUR 1.1 million in 2022 to EUR 964,377 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€904,636▲ 54.7%
2024 · €584,589
Total assets
€964,377▲ 43.8%
2024 · €670,494
Net result
€320,047▲ 126%
2024 · €141,538
Working capital
€784,499▲ 30.2%
2024 · €602,713
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€378,262-€270,943▼ 28.4%€233,597▼ 13.8%€233,320▼ 0.1%
Net result€232,503-€205,548▼ 11.6%€141,538▼ 31.1%€320,047▲ 126%
Equity€237,503-€443,051▲ 86.5%€584,589▲ 31.9%€904,636▲ 54.7%
Total assets€1.1m-€916,994▼ 17.7%€670,494▼ 26.9%€964,377▲ 43.8%
Debt€877,281-€473,943▼ 46.0%€85,904▼ 81.9%€59,741▼ 30.5%
Working capital€950,467-€803,526▼ 15.5%€602,713▼ 25.0%€784,499▲ 30.2%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Net result +126% on 2024. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000€400,000Operating result 2022: €378,262€378,262Net result 2022: €232,503€232,503Operating result 2023: €270,943€270,943Net result 2023: €205,548€205,548Operating result 2024: €233,597€233,597Net result 2024: €141,538€141,538Operating result 2025: €233,320€233,320Net result 2025: €320,047€320,0472022202320242025€0€100,000€200,000€300,000Operating result 2023: €270,943€271,000Net result 2023: €205,548€206,000Operating result 2024: €233,597€234,000Net result 2024: €141,538€142,000Operating result 2025: €233,320€233,000Net result 2025: €320,047€320,000202320242025
The operating result has fallen three years in a row; 2025 is 0% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964,377
Fixed assets €123,532 ▲ 343%
Current assets €840,845 ▲ 30.8%
Equity and liabilities €964,377
Equity €904,636 ▲ 54.7%
Debt €59,741 ▼ 30.5%
Debt's share of the balance-sheet total falls from 12.8% to 6.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€252,315▲
2024 · €247,676
Cash flow
€339,042▲
2024 · €155,618
Current ratio
14.92▼
2024 · 16.10
Debt to equity
0.07▼
2024 · 0.15
ROE
35.4%▲
2024 · 24.2%
ROA
33.2%▲
2024 · 21.1%
Interest coverage
622.88▲
2024 · 584.20
Debt ≤ 1 year
€56,346▲
2024 · €39,916
Debt > 1 year
€0▼
2024 · €43,394
Income taxes
€86,434▲
2024 · €66,634
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,126 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€670,494€964,377▲
Fixed assets21/28€27,865€123,532▲
Tangible fixed assets22/27€27,865€123,532▲
Plant, machinery and equipment23€1,639€1,094▼
Furniture and vehicles24€26,226€122,438▲
Financial fixed assets28€0-
Current assets29/58€642,629€840,845▲
Amounts receivable after more than one year29€500,000€448,076▼
Other amounts receivable291€500,000€448,076▼
Amounts receivable within one year40/41€25,643€274,038▲
Trade receivables40€25,643€0▼
Other amounts receivable41-€274,038
Cash at bank and in hand54/58€116,986€117,750▲
Deferred charges and accrued income490/1-€981
Equity and liabilities
Total equity and liabilities10/49€670,494€964,377▲
Equity10/15€584,589€904,636▲
Contributions10/11€5,000€5,000=
Reserves13€579,589€899,636▲
Distributable reserves133€579,589€899,636▲
Amounts payable17/49€85,904€59,741▼
Amounts payable after more than one year17€43,394€0▼
Other amounts payable178/9€43,394€0▼
Amounts payable within one year42/48€39,916€56,346▲
Trade debts44€752€5,873▲
Suppliers440/4€752€5,873▲
Taxes, remuneration and social security45€39,164€43,120▲
Taxes450/3€39,164€43,120▲
Other amounts payable47/48-€7,353
Accrued charges and deferred income492/3€2,595€3,395▲
Income statement Code20242025
Non-recurring operating income76A-€20,055
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,079€18,995▲
Other operating charges640/8€2,295€1,701▼
Gross operating margin9900€249,971€254,016▲
Operating profit (loss)9901€233,597€233,320▼
Financial income75/76B€0€173,566▲
Recurring financial income75€0€5,298▲
Non-recurring financial income76B€0€168,268▲
Financial charges65/66B€25,424€405▼
Recurring financial charges65€424€405▼
Non-recurring financial charges66B€25,000€0▼
Profit (loss) for the period before taxes9903€208,173€406,480▲
Income taxes67/77€66,634€86,434▲
Profit (loss) for the period9904€141,538€320,047▲
Profit (loss) for the period to be appropriated9905€141,538€320,047▲
Appropriation of the result
Profit (loss) to be appropriated9906€141,538€320,047▲
Transfer to equity691/2€141,538€320,047▲
To other reserves6921€141,538€320,047▲
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A---€20,055-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,377€14,075€14,079€18,995▲ 34.9%
Other operating charges640/8€7,014€1,731€2,295€1,701▼ 25.9%
Gross operating margin9900€399,654€286,749€249,971€254,016▲ 1.6%
Operating profit (loss)9901€378,262€270,943€233,597€233,320▼ 0.1%
Financial income75/76B€6,186€62,658€0€173,566-
Recurring financial income75€6,186€28,125€0€5,298-
Non-recurring financial income76B-€34,533€0€168,268-
Financial charges65/66B€35,696€34,839€25,424€405▼ 98.4%
Recurring financial charges65€1,163€376€424€405▼ 4.5%
Non-recurring financial charges66B€34,533€34,463€25,000€0▼ 100%
Profit (loss) for the period before taxes9903€348,753€298,762€208,173€406,480▲ 95.3%
Income taxes67/77€116,250€93,214€66,634€86,434▲ 29.7%
Profit (loss) for the period9904€232,503€205,548€141,538€320,047▲ 126%
Profit (loss) for the period to be appropriated9905€232,503€205,548€141,538€320,047▲ 126%
Line2022202320242025Change
Assets
Total assets20/58€1.1m€916,994€670,494€964,377▲ 43.8%
Fixed assets21/28€134,387€66,944€27,865€123,532▲ 343%
Tangible fixed assets22/27€53,295€41,944€27,865€123,532▲ 343%
Plant, machinery and equipment23-€2,184€1,639€1,094▼ 33.2%
Furniture and vehicles24€53,295€39,760€26,226€122,438▲ 367%
Financial fixed assets28€81,092€25,000€0--
Current assets29/58€980,397€850,050€642,629€840,845▲ 30.8%
Amounts receivable after more than one year29€900,000€800,000€500,000€448,076▼ 10.4%
Other amounts receivable291€900,000€800,000€500,000€448,076▼ 10.4%
Amounts receivable within one year40/41--€25,643€274,038▲ 969%
Trade receivables40--€25,643€0▼ 100%
Other amounts receivable41---€274,038-
Cash at bank and in hand54/58€80,397€50,050€116,986€117,750▲ 0.7%
Deferred charges and accrued income490/1---€981-
Equity and liabilities
Total equity and liabilities10/49€1.1m€916,994€670,494€964,377▲ 43.8%
Equity10/15€237,503€443,051€584,589€904,636▲ 54.7%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€232,503€438,051€579,589€899,636▲ 55.2%
Distributable reserves133€232,503€438,051€579,589€899,636▲ 55.2%
Amounts payable17/49€877,281€473,943€85,904€59,741▼ 30.5%
Amounts payable after more than one year17€846,714€424,919€43,394€0▼ 100%
Other amounts payable178/9€846,714€424,919€43,394€0▼ 100%
Amounts payable within one year42/48€29,930€46,524€39,916€56,346▲ 41.2%
Trade debts44€1,754€566€752€5,873▲ 681%
Suppliers440/4€1,754€566€752€5,873▲ 681%
Taxes, remuneration and social security45€28,175€45,958€39,164€43,120▲ 10.1%
Taxes450/3€28,175€45,958€39,164€43,120▲ 10.1%
Other amounts payable47/48---€7,353-
Accrued charges and deferred income492/3€638€2,500€2,595€3,395▲ 30.8%
Line2022202320242025Change
Profit (loss) for the period9904€232,503€205,548€141,538€320,047▲ 126%
+ Depreciation and write-downs630€14,377€14,075€14,079€18,995▲ 34.9%
Operating cash flow (approximation)€246,880€219,623€155,618€339,042▲ 118%
Investment in fixed assets (approximation)-€53,368€25,000-€114,663▼ 559%
Change in cash--€30,347€66,936€764▼ 98.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €320,047 ▲126%
Net result €320,047, the highest in the series.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €141,538 ▼31.1%
Net result drops to €141,538, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €500,000Eq €584,589 ▲31.9%
3 profitable years in a row build equity to €584,589.
01-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
961 m²
Building footprint
184 m²
Volume, LiDAR
1,148 m³
Parcel 34040C0168/00X000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-MIND
Roger Vansteenbruggestraat 48, 8790 WaregemFinancial service activities, except insurance and pension funding
since 20212.322.616.203
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34040C0168/00X000 Flanders 961 m² 1 · 184 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of D-MIND and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 5,021 EUR awarded · 5,022 EUR paid
Year Entries awardedpaid
2025 1 0 EUR2,248 EUR
2024 1 5,021 EUR2,774 EUR
Schemes
2 entries · 5,021 EUR · 5,022 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 4,753 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0774809868
Also 9925:BE0774809868
Registered 06-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.