DIGITALMIND
ActiveSummary
DIGITALMIND has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €48k. Equity is shrinking by ~11.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 26% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-21
Solvency43▲+6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.22 in 2024; short-term debt: 46.1% and cash: 62.6% of total assets), but 82.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
17.7%
Return on assets
8.3%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €102k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-01-2026, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
91 d early
2024
89 d early
2023
90 d early
2022
89 d early
2021
128 d early
2020
113 d early
2019
90 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€102k▲ 2.6%
2024 · €100k
2018: €426k
2019: €436k▲ +2.4% vs 2018
2020: €457k▲ +4.8% vs 2019
2021: €462k▲ +1.2% vs 2020
2022: €483k▲ +4.5% vs 2021highest in 8 years
2023: €64k▼ -86.8% vs 2022lowest in 8 years
2024: €100k▲ +56.0% vs 2023
2025: €102k▲ +2.6% vs 2024
2018 → 2025
Total assets
€576k▼ 33.4%
2024 · €865k
2018: €1.81Mhighest in 8 years
2019: €1.45M▼ -20.0% vs 2018
2020: €1.47M▲ +1.5% vs 2019
2021: €957k▼ -35.0% vs 2020
2022: €963k▲ +0.6% vs 2021
2023: €1.09M▲ +13.1% vs 2022
2024: €865k▼ -20.5% vs 2023
2025: €576k▼ -33.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€48k▼ 87.0%
2024 · €366k
2018: €249k
2019: €190k▼ -23.7% vs 2018
2020: €111k▼ -41.6% vs 2019
2021: €105k▼ -5.1% vs 2020
2022: €81k▼ -23.5% vs 2021
2023: €378k▲ +369% vs 2022highest in 8 years
2024: €366k▼ -3.2% vs 2023
2025: €48k▼ -87.0% vs 2024lowest in 8 years
2018 → 2025
Working capital
€292k▲ 89.9%
2024 · €154k
2018: €-252klowest in 8 years
2019: €-249k▲ +1.2% vs 2018
2020: €-204k▲ +18.2% vs 2019
2021: €82k▲ +140% vs 2020
2022: €177k▲ +116% vs 2021
2023: €249k▲ +40.5% vs 2022
2024: €154k▼ -38.2% vs 2023
2025: €292k▲ +89.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€462k-€483k▲ 4.5%€64k▼ 86.8%€100k▲ 56.0%€102k▲ 2.6%
2021: €462k
2022: €483k▲ +4.5% vs 2021highest in 5 years
2023: €64k▼ -86.8% vs 2022lowest in 5 years
2024: €100k▲ +56.0% vs 2023
2025: €102k▲ +2.6% vs 2024
Operating result€133k-€86k▼ 35.5%€400k▲ 365%€374k▼ 6.4%€74k▼ 80.1%
2021: €133k
2022: €86k▼ -35.5% vs 2021
2023: €400k▲ +365% vs 2022highest in 5 years
2024: €374k▼ -6.4% vs 2023
2025: €74k▼ -80.1% vs 2024lowest in 5 years
Net result€105k-€81k▼ 23.5%€378k▲ 369%€366k▼ 3.2%€48k▼ 87.0%
2021: €105k
2022: €81k▼ -23.5% vs 2021
2023: €378k▲ +369% vs 2022highest in 5 years
2024: €366k▼ -3.2% vs 2023
2025: €48k▼ -87.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €576k
Fixed assets
€19k ▼ 24.2%
Current assets
€558k ▼ 33.6%
Equity and liabilities €576k
Equity
€102k ▲ 2.6%
Debt
€474k ▼ 38.0%
Debt's share of the balance-sheet total falls from 88.5% to 82.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▼
2024 · €383k
Cash flow
€59k▼
2024 · €374k
Current ratio
2.10▲
2024 · 1.22
Quick ratio
2.09▲
2024 · 1.22
Debt to equity
4.64▼
2024 · 7.68
ROE
46.5%▼
2024 · 366.8%
ROA
8.3%▼
2024 · 42.3%
Interest coverage
21.52▲
2024 · -299.96
Debt ≤ 1 year
€266k▼
2024 · €686k
Income taxes
€5k▼
2024 · €19k
Staff costs
€348k▲
2024 · €345k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€865k€576k▼
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€25k€19k▼
Land and buildings22€1k€981▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€22k€17k▼
Current assets29/58€840k€558k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€440k€189k▼
Trade receivables40€397k€176k▼
Other amounts receivable41€43k€13k▼
Cash at bank and in hand54/58€389k€361k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€865k€576k▼
Equity10/15€100k€102k▲
Contributions10/11€1k€1k=
Reserves13€63k€98k▲
Distributable reserves133€63k€98k▲
Profit (loss) carried forward14€36k€3k▼
Amounts payable17/49€765k€474k▼
Amounts payable within one year42/48€686k€266k▼
Trade debts44€290k€165k▼
Suppliers440/4€290k€165k▼
Taxes, remuneration and social security45€57k€49k▼
Taxes450/3€9k€21k▲
Remuneration and social security454/9€48k€27k▼
Other amounts payable47/48€338k€52k▼
Accrued charges and deferred income492/3€79k€209k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€14k▲
Remuneration, social security and pensions62€345k€348k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-145€1k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€9k-
Other operating charges640/8€5k€3k▼
Gross operating margin9900€741k€439k▼
Operating profit (loss)9901€374k€74k▼
Financial income75/76B€9k€2k▼
Recurring financial income75€9k€2k▼
Financial charges65/66B€-1k€24k▲
Recurring financial charges65€-1k€4k▲
Non-recurring financial charges66B-€20k
Profit (loss) for the period before taxes9903€385k€53k▼
Income taxes67/77€19k€5k▼
Profit (loss) for the period9904€366k€48k▼
Profit (loss) for the period to be appropriated9905€366k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€394k€83k▼
Profit (loss) brought forward from the previous period14P€28k€36k▲
Transfer to equity691/2€28k€36k▲
To other reserves6921€28k€36k▲
Profit to be distributed694/7€330k€45k▼
Return on contributions (dividend)694-€45k
Directors or managers695€330k-
Social balance
Average headcount (FTE)90876.06.7▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €540 | €2k | €3k | €14k | ▲ 371% |
| Remuneration, social security and pensions62 | - | €223k | €322k | €345k | €348k | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127k | €122k | €11k | €8k | €12k | ▲ 38.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €13k | €6k | €-145 | €1k | ▲ 901% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €23k | - | €9k | - | - |
| Other operating charges640/8 | - | €8k | €8k | €5k | €3k | ▼ 28.3% |
| Gross operating margin9900 | €526k | €475k | €747k | €741k | €439k | ▼ 40.8% |
| Operating profit (loss)9901 | €133k | €86k | €400k | €374k | €74k | ▼ 80.1% |
| Financial income75/76B | - | €21 | €1 | €9k | €2k | ▼ 80.6% |
| Recurring financial income75 | €21 | €21 | €1 | €9k | €2k | ▼ 80.6% |
| Financial charges65/66B | - | €2k | €2k | €-1k | €24k | ▲ 1,959% |
| Recurring financial charges65 | €6k | €2k | €2k | €-1k | €4k | ▲ 414% |
| Non-recurring financial charges66B | - | - | - | - | €20k | - |
| Profit (loss) for the period before taxes9903 | €127k | €84k | €398k | €385k | €53k | ▼ 86.4% |
| Income taxes67/77 | €22k | €4k | €20k | €19k | €5k | ▼ 74.0% |
| Profit (loss) for the period9904 | €105k | €81k | €378k | €366k | €48k | ▼ 87.0% |
| Profit (loss) for the period to be appropriated9905 | €105k | €81k | €378k | €366k | €48k | ▼ 87.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €957k | €963k | €1.09M | €865k | €576k | ▼ 33.4% |
| Fixed assets21/28 | €561k | €469k | €16k | €25k | €19k | ▼ 24.2% |
| Tangible fixed assets22/27 | €561k | €469k | €16k | €25k | €19k | ▼ 24.2% |
| Land and buildings22 | - | €427k | €1k | €1k | €981 | ▼ 9.2% |
| Plant, machinery and equipment23 | - | €3k | €2k | €2k | €1k | ▼ 50.0% |
| Furniture and vehicles24 | - | €39k | €13k | €22k | €17k | ▼ 22.2% |
| Current assets29/58 | €396k | €494k | €1.07M | €840k | €558k | ▼ 33.6% |
| Stocks and contracts in progress3 | €4k | €4k | €4k | €4k | €4k | = |
| Stocks30/36 | - | €4k | €4k | €4k | €4k | = |
| Amounts receivable within one year40/41 | €324k | €181k | €321k | €440k | €189k | ▼ 57.0% |
| Trade receivables40 | - | €159k | €287k | €397k | €176k | ▼ 55.6% |
| Other amounts receivable41 | - | €22k | €34k | €43k | €13k | ▼ 70.0% |
| Cash at bank and in hand54/58 | €61k | €299k | €744k | €389k | €361k | ▼ 7.3% |
| Deferred charges and accrued income490/1 | - | €11k | €4k | €7k | €4k | ▼ 44.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €957k | €963k | €1.09M | €865k | €576k | ▼ 33.4% |
| Equity10/15 | €462k | €483k | €64k | €100k | €102k | ▲ 2.6% |
| Contributions10/11 | - | €19k | €1k | €1k | €1k | = |
| Reserves13 | €438k | €434k | €35k | €63k | €98k | ▲ 57.2% |
| Non-distributable reserves130/1 | - | €2k | €139 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €139 | - | - | - |
| Distributable reserves133 | - | €432k | €35k | €63k | €98k | ▲ 57.2% |
| Profit (loss) carried forward14 | €5k | €30k | €28k | €36k | €3k | ▼ 92.8% |
| Amounts payable17/49 | €495k | €480k | €1.02M | €765k | €474k | ▼ 38.0% |
| Amounts payable within one year42/48 | €314k | €317k | €824k | €686k | €266k | ▼ 61.3% |
| Trade debts44 | €108k | €211k | €406k | €290k | €165k | ▼ 43.3% |
| Suppliers440/4 | - | €211k | €406k | €290k | €165k | ▼ 43.3% |
| Taxes, remuneration and social security45 | - | €45k | €66k | €57k | €49k | ▼ 15.2% |
| Taxes450/3 | - | €16k | €33k | €9k | €21k | ▲ 127% |
| Remuneration and social security454/9 | - | €29k | €33k | €48k | €27k | ▼ 43.2% |
| Other amounts payable47/48 | - | €61k | €352k | €338k | €52k | ▼ 84.6% |
| Accrued charges and deferred income492/3 | - | €163k | €201k | €79k | €209k | ▲ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105k | €81k | €378k | €366k | €48k | ▼ 87.0% |
| + Depreciation and write-downs630 | €127k | €122k | €11k | €8k | €12k | ▲ 38.6% |
| Operating cash flow (approximation) | €232k | €202k | €389k | €374k | €59k | ▼ 84.2% |
| Investment in fixed assets (approximation) | - | €-30k | €442k | €-17k | €-6k | ▲ 67.6% |
| Change in cash | - | €237k | €445k | €-355k | €-29k | ▲ 92.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €48k ▼87%
Net result drops to €48k, the lowest in the series.
30-09
Financial
Equity above €100kEq €102k ▲2.6%
8 profitable years in a row build equity to €102k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €378k ▲369%
Operating result €400k, net result €378k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Poperinge · 1 establishment unit since 2001
Ground area
2,416 m²
Building footprint
760 m²
Volume, LiDAR
3,581 m³
Parcel 33021F1550/00T004, Flanders · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DIGITALMIND
since 20012.093.195.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021F1550/00T004 | Flanders | 2,416 m² | 1 · 760 m² | 5.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 11,762 EUR awarded · 11,762 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 5,431 EUR | 5,431 EUR |
| 2022 | 1 | 6,331 EUR | 6,331 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,939 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
Founded09-05-2001
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.