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eMindBrowser

Active
Private limited companyfounded 2024active for 2 yearsSchoolstraat 24, 8530 Harelbeke, BelgiumKBO/BCE: BE 1006.742.907
Summary

eMindBrowser has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,884 and a net result of -€109. Its solvency ranks better than 33% of 250 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 04-03-2024 Normal situation
Activity
Manufacture of computer, electronic and optical products NACE 26400and 5 others
Establishment unit
2.356.850.174 8530 Harelbeke, since 04-03-2024
Financial year end
31 March
Peppol
Reachable since 12-02-2025

Board and ownership

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-03-2025
Turnover
€15,662
▲ 180%
Loss
€109
Equity
€2,884
▼ 3.6%
Total assets
€12,650
▲ 24.8%
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 32 days late; 1 of the last 3 accounts latelowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 1.11, cash €4,437Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 47% of micro companies in computer and electronic products (NACE 26)
Financial strength · tick: 2024
Average
Solvency 48-7
equity 22.8% of total assets
Liquidity 52+28
short-term debt 77.2% · cash 35.1%
Profitability 59-34
return on assets -0.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (447 companies, NACE 26, micro)
Last 24 months 04-2025: 0.3% 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▲ +0.2 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.4 percentage points vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.2 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026 11-2026: 0.8%▲ +0.2 percentage points vs 10-2026highest value
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 32% of them on solvency, 45% on liquidity, 41% on profitability and 69% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
lowers risk · Liquidity: current ratio 1.11, cash €4,437
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 32 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-12-2025, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2026
not filed
2025
32 days late
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 16 days after the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 32 days after the deadline Filed on 2 December 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00576343.

Annual accounts 2025 filed on 02-12-2025 PDF all 2 filings

Turnover
€15,662▲ 180%
2024 · €5,600
EBIT margin
-0.2%▼ 52.4pp
2024 · 52.2%
Net result
-€109
2024 · €1,992
Working capital
€1,056▲ 129%
2024 · €461
Multi-year overview
2024 to 2025, 2 financial years
Turnover
€15,662
▲ 180% 2025
20242025
Operating result
-€28
2025
20242025
Net result
-€109
2025
middle half of the sector
20242025
EBIT margin
-0.2%
▼ 52.4pp 2025
20242025
Equity
€2,884
▼ 3.6% 2025
lowest quarter of the sector
20242025
Total assets
€12,650
▲ 24.8% 2025
lowest quarter of the sector
20242025
Debt
€9,766
▲ 36.7% 2025
20242025
Working capital
€1,056
▲ 129% 2025
middle half of the sector
20242025
Solvency
22.8%
▼ 6.7pp 2025
middle half of the sector
20242025
Current ratio
1.11
▲ 0.04 2025
middle half of the sector
20242025
Return on assets (ROA)
-0.9%
▼ 20.5pp 2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Turnover€5,600-€15,662▲ 180%
Operating result€2,922--€28
Net result€1,992within the sector's middle half--€109within the sector's middle half
EBIT margin52.2%--0.2%▼ 52.4pp
Equity€2,992below the sector's middle half-€2,884below the sector's middle half▼ 3.6%
Total assets€10,135below the sector's middle half-€12,650below the sector's middle half▲ 24.8%
Debt€7,143-€9,766▲ 36.7%
Working capital€461within the sector's middle half-€1,056within the sector's middle half▲ 129%
Solvency29.5%within the sector's middle half-22.8%within the sector's middle half▼ 6.7pp
Current ratio1.07within the sector's middle half-1.11within the sector's middle half▲ 0.04
Return on assets (ROA)19.7%above the sector's middle half--0.9%within the sector's middle half▼ 20.5pp
above within below The sector band is the middle half of the companies in Manufacture of computer, electronic and optical products (NACE 26). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €28, after a profit of €2,922 in 2024.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,650
Fixed assets €1,827 ▼ 31.3%
Current assets €10,823 ▲ 44.8%
Equity and liabilities €12,650
Equity €2,884 ▼ 3.6%
Debt €9,766 ▲ 36.7%
Debt's share of the balance-sheet total rises from 70.5% to 77.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€805▼
2024 · €4,946
Cash flow
€725▼
2024 · €4,017
Debt to equity
3.39▲
2024 · 2.39
ROE
-3.8%▼
2024 · 66.6%
Interest coverage
27.18
Debt ≤ 1 year
€9,766▲
2024 · €7,013
Income taxes
€53▼
2024 · €929
Customer credit
123 days▼
2024 · 366 days
Supplier credit
72 days▼
2024 · 2873 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202431-03-2025
Tangible fixed assets€2,730-
Intangible fixed assets€1,955-
Depreciation and write-downs of the year€2,024€833

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,135€12,650▲
Fixed assets21/28€2,661€1,827▼
Tangible fixed assets22/27€2,661€1,827▼
Furniture and vehicles24€2,661€1,827▼
Current assets29/58€7,474€10,823▲
Amounts receivable within one year40/41€5,608€6,201▲
Trade receivables40€5,608€5,293▼
Other amounts receivable41-€908
Cash at bank and in hand54/58€901€4,437▲
Deferred charges and accrued income490/1€965€184▼
Equity and liabilities
Total equity and liabilities10/49€10,135€12,650▲
Equity10/15€2,992€2,884▼
Contributions10/11€1,000€1,000=
Reserves13€1,990€1,990=
Distributable reserves133€1,990€1,990=
Profit (loss) carried forward14€2-€106▼
Amounts payable17/49€7,143€9,766▲
Amounts payable within one year42/48€7,013€9,766▲
Trade debts44€5,146€2,894▼
Suppliers440/4€2,416€2,894▲
Bills of exchange payable441€2,730-
Taxes, remuneration and social security45€1,472€1,737▲
Taxes450/3€1,472€1,737▲
Other amounts payable47/48€395€5,135▲
Accrued charges and deferred income492/3€129-
Income statement Code20242025
Turnover70€5,600€15,662▲
Goods, raw materials, services and sundry goods60/61€654€14,631▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,024€833▼
Other operating charges640/8-€226
Gross operating margin9900€4,946€1,031▼
Operating profit (loss)9901€2,922-€28▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B-€30
Recurring financial charges65-€30
Profit (loss) for the period before taxes9903€2,922-€55▼
Income taxes67/77€929€53▼
Profit (loss) for the period9904€1,992-€109▼
Profit (loss) for the period to be appropriated9905€1,992-€109▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,992-€106▼
Profit (loss) brought forward from the previous period14P-€2
Transfer to equity691/2€1,990-
To other reserves6921€1,990-

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-12-2025.

Line20242025Change
Turnover70€5,600€15,662▲ 180%
Goods, raw materials, services and sundry goods60/61€654€14,631▲ 22×
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,024€833▼ 58.8%
Other operating charges640/8-€226-
Gross operating margin9900€4,946€1,031▼ 79.1%
Operating profit (loss)9901€2,922-€28-
Financial income75/76B-€2-
Recurring financial income75-€2-
Financial charges65/66B-€30-
Recurring financial charges65-€30-
Profit (loss) for the period before taxes9903€2,922-€55-
Income taxes67/77€929€53▼ 94.3%
Profit (loss) for the period9904€1,992-€109-
Profit (loss) for the period to be appropriated9905€1,992-€109-
Line20242025Change
Assets
Total assets20/58€10,135€12,650▲ 24.8%
Fixed assets21/28€2,661€1,827▼ 31.3%
Tangible fixed assets22/27€2,661€1,827▼ 31.3%
Furniture and vehicles24€2,661€1,827▼ 31.3%
Current assets29/58€7,474€10,823▲ 44.8%
Amounts receivable within one year40/41€5,608€6,201▲ 10.6%
Trade receivables40€5,608€5,293▼ 5.6%
Other amounts receivable41-€908-
Cash at bank and in hand54/58€901€4,437▲ 392%
Deferred charges and accrued income490/1€965€184▼ 80.9%
Equity and liabilities
Total equity and liabilities10/49€10,135€12,650▲ 24.8%
Equity10/15€2,992€2,884▼ 3.6%
Contributions10/11€1,000€1,000=
Reserves13€1,990€1,990=
Distributable reserves133€1,990€1,990=
Profit (loss) carried forward14€2-€106-
Amounts payable17/49€7,143€9,766▲ 36.7%
Amounts payable within one year42/48€7,013€9,766▲ 39.3%
Trade debts44€5,146€2,894▼ 43.8%
Suppliers440/4€2,416€2,894▲ 19.8%
Bills of exchange payable441€2,730--
Taxes, remuneration and social security45€1,472€1,737▲ 18.0%
Taxes450/3€1,472€1,737▲ 18.0%
Other amounts payable47/48€395€5,135▲ 13×
Accrued charges and deferred income492/3€129--
Line20242025Change
Profit (loss) for the period9904€1,992-€109-
+ Depreciation and write-downs630€2,024€833▼ 58.8%
Operating cash flow (approximation)€4,017€725▼ 82.0%
Investment in fixed assets (approximation)-€0-
Change in cash-€3,536-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,271 companies had the same profile as eMindBrowser has now. Two years later, 93.5% were still going and 4.1% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
93.5% was still going
2.0% stopped otherwise
4.1% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of eMindBrowser itself is lower: 0.8% within 12 months. It rests on far more data about eMindBrowser than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,271 companies, not a prediction for eMindBrowser. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-03-2025 micro format 02-12-2025 2025-00576343 PDF
31-03-2024 micro format 30-10-2024 2024-00528381 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
Delabie Jacob Peter Henk
Director (not named in the articles) · appointed in the act of 06-03-2024 · term without a fixed end
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-03-2024

Owners and capital

Shareholders

At incorporation act of 06-03-2024 ↗

Capital transactions

Capital over time
  1. 06-03-2024 Incorporation · €1,000 · 120 shares

Network & group

eMindBrowser shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of eMindBrowser. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
12-02
Gazette deed Registered office moved from Kortrijk to Harelbeke
2 points ▸
  • Board meeting, 14-01-2026
  • Registered-office move, 8530 Harelbeke, Schoolstraat 24

Open the act in the Belgian Official Gazette

2025
02-12
NBB filing Annual accounts 2025 filedPDF
micro format · 32 days late
2024
30-10
NBB filing Annual accounts 2024 filedPDF
micro format · 1 day before the deadline
06-03
Gazette deed Incorporation
Starting capital €1,000 · Appointment: Delabie Jacob Peter Henk (director) · Founder7 points ▸
  • Incorporation, 04-03-2024
  • Founder, Delabie Jacob Peter Henk
  • Founding capital, €1,000
  • Registered office clause, “Kortrijk, Hendrik Consciensestraat 36 bus 21” (deed in Dutch)
  • Director appointment, Delabie Jacob Peter Henk (director (not named in the articles))
  • Board rule, 1
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 4 March 2024, eMindBrowser was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2026 the registered office moved to Harelbeke.3 Delabie Jacob Peter Henk is director of the company, appointed in the act of 06-03-2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-03-2024
  3. 3Belgian Official Gazette, 12-02-2026

Company details

Register details

Identity

KBO record
Name eMindBrowser in Dutch
Enterprise number 1006.742.907
Legal form Private limited company
Status Active, normale toestand
Founded 04-03-2024
Entity type Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…”
deed of 06-03-2024 (in Dutch)

Registered office and establishments

Registered office Schoolstraat 24, 8530 Harelbeke, Belgium
1 former office
  • 8500 Kortrijk until 30-11-2025 · act of 12-02-2026
Establishment unit eMindBrowser, Schoolstraat 24, 8530 Harelbeke since 04-03-2024 · unit number 2.356.850.174

Activities

NACEBEL 2025
26400 Manufacture of computer, electronic and optical products main activity
26300 Manufacture of computer, electronic and optical products
62100 Computer programming
62200 Computer consultancy and computer facilities management
82990 Other business support services
96999 Other personal services
Codes under NACEBEL 2008
26400 Manufacture of computer, electronic and optical products main activity
26300 Manufacture of computer, electronic and optical products
62010 Computer programming, consultancy and related activities
62020 IT consultancy
82990 Other business support services
96099 Personal service activities

Invoicing and payment

VAT number BE 1006.742.907
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1006742907
Other Peppol ID 9925:BE1006742907
Registered 12-02-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of September at 18:00
deed of 06-03-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
184 m²
Building footprint
68 m²
Building volume
520 m³
Cadastral parcel Region Area Buildings Height / floors
34323D1348/00M006 Flanders 184 m² 1 · 68 m² 11.0 m · 3