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FinMind

Active
Private limited companyfounded 20242 yrs activeMolenweg 78, 3520 Zonhoven, BelgiumKBO/BCE: BE 1009.311.328
Summary

FinMind has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,028 and a net result of €56,028. Its solvency ranks better than 26% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.18; short-term debt: 76.1% and cash: 74.2% of total assets), and 76.1% of the assets are financed with debt.
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Signals

Three 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 01-10-2025, 91 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
91 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 13 May 2024, FinMind was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Turnover
€157,080
EBIT margin
46.9%
Net result
€56,028
Working capital
€12,333

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €87,887
Fixed assets €8,695
Current assets €79,192
Equity and liabilities €87,887
Equity €21,028
Debt €66,859
Debt finances 76.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€74,434
Cash flow
€56,814
Current ratio
1.18
Debt to equity
3.18
ROE
266.4%
ROA
63.8%
Interest coverage
27.01
Debt ≤ 1 year
€66,859
Income taxes
€14,864
Staff costs
€57,808

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 7,976 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€87,887
Fixed assets21/28€8,695
Tangible fixed assets22/27€8,695
Plant, machinery and equipment23€6,260
Furniture and vehicles24€2,434
Current assets29/58€79,192
Amounts receivable within one year40/41€13,838
Trade receivables40€13,576
Other amounts receivable41€262
Cash at bank and in hand54/58€65,224
Deferred charges and accrued income490/1€130
Equity and liabilities
Total equity and liabilities10/49€87,887
Equity10/15€21,028
Contributions10/11€10,000
Profit (loss) carried forward14€11,028
Amounts payable17/49€66,859
Amounts payable within one year42/48€66,859
Trade debts44€1,862
Suppliers440/4€1,862
Taxes, remuneration and social security45€19,997
Taxes450/3€19,997
Other amounts payable47/48€45,000
Income statement Code2025
Turnover70€157,080
Goods, raw materials, services and sundry goods60/61€24,839
Remuneration, social security and pensions62€57,808
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€786
Gross operating margin9900€132,241
Operating profit (loss)9901€73,648
Financial charges65/66B€2,756
Recurring financial charges65€2,756
Profit (loss) for the period before taxes9903€70,892
Income taxes67/77€14,864
Profit (loss) for the period9904€56,028
Profit (loss) for the period to be appropriated9905€56,028
Appropriation of the result
Profit (loss) to be appropriated9906€56,028
Profit to be distributed694/7€45,000
Return on contributions (dividend)694€45,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€157,080
Goods, raw materials, services and sundry goods60/61€24,839
Remuneration, social security and pensions62€57,808
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€786
Gross operating margin9900€132,241
Operating profit (loss)9901€73,648
Financial charges65/66B€2,756
Recurring financial charges65€2,756
Profit (loss) for the period before taxes9903€70,892
Income taxes67/77€14,864
Profit (loss) for the period9904€56,028
Profit (loss) for the period to be appropriated9905€56,028
Line2025
Assets
Total assets20/58€87,887
Fixed assets21/28€8,695
Tangible fixed assets22/27€8,695
Plant, machinery and equipment23€6,260
Furniture and vehicles24€2,434
Current assets29/58€79,192
Amounts receivable within one year40/41€13,838
Trade receivables40€13,576
Other amounts receivable41€262
Cash at bank and in hand54/58€65,224
Deferred charges and accrued income490/1€130
Equity and liabilities
Total equity and liabilities10/49€87,887
Equity10/15€21,028
Contributions10/11€10,000
Profit (loss) carried forward14€11,028
Amounts payable17/49€66,859
Amounts payable within one year42/48€66,859
Trade debts44€1,862
Suppliers440/4€1,862
Taxes, remuneration and social security45€19,997
Taxes450/3€19,997
Other amounts payable47/48€45,000
Line2025
Profit (loss) for the period9904€56,028
+ Depreciation and write-downs630€786
Operating cash flow (approximation)€56,814

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

2025
01-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Zonhoven · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
858 m²
Building footprint
163 m²
Volume, LiDAR
911 m³
Parcel 71443E0510/00S000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FinMind
Molenweg 78, 3520 ZonhovenOther activities auxiliary to financial services, excluding insurance and pension funding
since 20242.359.329.812
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71443E0510/00S000 Flanders 858 m² 1 · 163 m² 9.2 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

2024 · 1 entry · 642 EUR awarded · 642 EUR paid
Year Entries awardedpaid
2024 1 642 EUR642 EUR
Schemes
1 entry · 642 EUR · 642 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 31,099 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
Founded13-05-2024
Fiscal year end31-05
Activities, NACEBEL 2025
70200Business and other management consultancy
66199Other activities auxiliary to financial services, excluding insurance and pension funding
78100Employment placement agencies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009311328
Registered 27-03-2026

Register as of 26 September 2026 · Peppol Directory

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