Skip to content

IT-MINDED

Active
Private limited companyfounded 200026 yrs activeHof van Terbank 3, 3078 Kortenberg, BelgiumKBO/BCE: BE 0471.242.628
Summary

IT-MINDED has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €21k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2023
Profitability74▼-11
Solvency72▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 8.38 in 2023; short-term debt: 17.7% and cash: 8% of total assets), but 53.2% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
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
46.8%
Return on assets
3.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2023
51 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
46 d early
2018
29 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 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

On 25 February 2000, IT-MINDED was incorporated.1 Total assets went from EUR 149,614 in 2018 to EUR 545,688 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Financials · fiscal year 2025, micro schema

Turnover
€144k
EBIT margin
37.7%
Net result
€21k▼ 50.9%
2023 · €43k
Working capital
€118k▼ 59.2%
2023 · €290k
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
Line20202021202220232025
Turnover€144k
Operating result€54k▲ 40.0%€57k▲ 5.7%€52k▼ 9.8%€61k▲ 18.3%€41k-
Net result€37k▲ 41.1%€39k▲ 5.3%€38k▼ 3.4%€43k▲ 13.1%€21k-
EBIT margin37.7%
Equity€180k▲ 26.1%€219k▲ 21.8%€257k▲ 17.3%€295k▲ 14.9%€256k-
Total assets€243k▲ 33.1%€276k▲ 13.6%€307k▲ 10.9%€336k▲ 9.5%€546k-
Debt€64k▲ 58.0%€58k▼ 9.5%€50k▼ 13.1%€41k▼ 18.1%€290k-
Working capital€187k▲ 28.6%€224k▲ 19.9%€258k▲ 15.2%€290k▲ 12.6%€118k-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €54k€54kNet result 2020: €37k€37kOperating result 2021: €57k€57kNet result 2021: €39k€39kOperating result 2022: €52k€52kNet result 2022: €38k€38kOperating result 2023: €61k€61kNet result 2023: €43k€43kOperating result 2025: €41k€41kNet result 2025: €21k€21k20202021202220232025€0€20k€40k€60kOperating result 2022: €52k€52kNet result 2022: €38k€38kOperating result 2023: €61k€61kNet result 2023: €43k€43kOperating result 2025: €41k€41kNet result 2025: €21k€21k202220232025
The operating result is €41k in 2025, compared with €61k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €546k
Fixed assets €331k ▲ 5,144%
Current assets €215k ▼ 34.7%
Equity and liabilities €546k
Equity €256k ▼ 13.3%
Debt €290k ▲ 608%
Debt's share of the balance-sheet total rises from 12.2% to 53.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€55k▼
2023 · €63k
Cash flow
€35k▼
2023 · €45k
Current ratio
2.22▼
2023 · 8.38
Debt to equity
1.14▲
2023 · 0.14
ROE
8.2%▼
2023 · 14.5%
ROA
3.8%▼
2023 · 12.7%
Interest coverage
6.21▼
2023 · 147.50
Debt ≤ 1 year
€97k▲
2023 · €39k
Debt > 1 year
€193k
Income taxes
€13k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 51 lines
Balance sheet Code20232025
Assets
Total assets20/58€336k€546k▲
Fixed assets21/28€6k€331k▲
Tangible fixed assets22/27€6k€331k▲
Land and buildings22-€325k
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€74€74=
Current assets29/58€329k€215k▼
Amounts receivable within one year40/41€34k€59k▲
Trade receivables40€30k€59k▲
Other amounts receivable41€5k-
Current investments50/53€264k€111k▼
Cash at bank and in hand54/58€28k€44k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€336k€546k▲
Equity10/15€295k€256k▼
Contributions10/11€19k€19k=
Reserves13€270k€225k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€268k€223k▼
Profit (loss) carried forward14€6k€12k▲
Amounts payable17/49€41k€290k▲
Amounts payable after more than one year17-€193k
Financial debts170/4-€193k
Amounts payable within one year42/48€39k€97k▲
Current portion of amounts payable after more than one year42-€12k
Trade debts44-€949
Suppliers440/4-€949
Taxes, remuneration and social security45€32k€47k▲
Taxes450/3€25k€44k▲
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€8k€37k▲
Accrued charges and deferred income492/3€2k-
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€14k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€3-
Other operating charges640/8€384€546▲
Gross operating margin9900€64k€55k▼
Operating profit (loss)9901€61k€41k▼
Financial income75/76B€32€1k▲
Recurring financial income75€32€1k▲
Financial charges65/66B€430€9k▲
Recurring financial charges65€430€9k▲
Profit (loss) for the period before taxes9903€61k€33k▼
Income taxes67/77€18k€13k▼
Profit (loss) for the period9904€43k€21k▼
Profit (loss) for the period to be appropriated9905€43k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€30k▼
Profit (loss) brought forward from the previous period14P€3k€9k▲
Transfer to equity691/2€40k€18k▼
To the legal reserve6920€40k€18k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Turnover70€144k-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k€2k€2k€14k-
Provisions for liabilities and charges: additions (uses and reversals)635/8---€3--
Other operating charges640/8-€1k€429€384€546-
Gross operating margin9900€58k€60k€54k€64k€55k-
Operating profit (loss)9901€54k€57k€52k€61k€41k-
Financial income75/76B-€163€208€32€1k-
Recurring financial income75-€163€208€32€1k-
Financial charges65/66B-€2k€1k€430€9k-
Recurring financial charges65€2k€2k€1k€430€9k-
Profit (loss) for the period before taxes9903€53k€56k€50k€61k€33k-
Income taxes67/77€15k€17k€13k€18k€13k-
Profit (loss) for the period9904€37k€39k€38k€43k€21k-
Profit (loss) for the period to be appropriated9905€37k€39k€38k€43k€21k-
Line20202021202220232025Change
Assets
Total assets20/58€243k€276k€307k€336k€546k-
Fixed assets21/28€8k€2k€4k€6k€331k-
Tangible fixed assets22/27€4k€2k€4k€6k€331k-
Land and buildings22----€325k-
Plant, machinery and equipment23-€2k€2k€5k€3k-
Furniture and vehicles24--€2k€2k€3k-
Financial fixed assets28€4k€74€74€74€74-
Current assets29/58€236k€274k€302k€329k€215k-
Amounts receivable within one year40/41€36k€18k€15k€34k€59k-
Trade receivables40-€18k€12k€30k€59k-
Other amounts receivable41--€3k€5k--
Current investments50/53€124k€124k€234k€264k€111k-
Cash at bank and in hand54/58€66k€124k€47k€28k€44k-
Deferred charges and accrued income490/1-€9k€6k€4k€1k-
Equity and liabilities
Total equity and liabilities10/49€243k€276k€307k€336k€546k-
Equity10/15€180k€219k€257k€295k€256k-
Contributions10/11-€19k€19k€19k€19k-
Reserves13€161k€200k€200k€270k€225k-
Non-distributable reserves130/1-€2k€2k€2k€2k-
Reserves not available under the articles1311-€2k€2k€2k€2k-
Distributable reserves133-€198k€198k€268k€223k-
Profit (loss) carried forward14--€38k€6k€12k-
Amounts payable17/49€64k€58k€50k€41k€290k-
Amounts payable after more than one year17----€193k-
Financial debts170/4----€193k-
Amounts payable within one year42/48€49k€50k€45k€39k€97k-
Current portion of amounts payable after more than one year42----€12k-
Trade debts44€329€3k--€949-
Suppliers440/4-€3k--€949-
Taxes, remuneration and social security45-€38k€36k€32k€47k-
Taxes450/3-€35k€30k€25k€44k-
Remuneration and social security454/9-€3k€5k€6k€3k-
Other amounts payable47/48-€10k€9k€8k€37k-
Accrued charges and deferred income492/3-€7k€5k€2k--
Line20202021202220232025Change
Profit (loss) for the period9904€37k€39k€38k€43k€21k-
+ Depreciation and write-downs630€2k€1k€2k€2k€14k-
Operating cash flow (approximation)€39k€40k€39k€45k€35k-
Investment in fixed assets (approximation)-€4k€-4k€-4k--
Change in cash-€58k€-77k€-19k--

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
20-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial Highest result since 2018net €43k ▲13.1%
Operating result €61k, net result €43k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €200kEq €219k ▲21.8%
4 profitable years in a row build equity to €219k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Equity above €150kEq €180k ▲26.1%
3 profitable years in a row build equity to €180k.
15-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Kortenberg · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
619 m²
Building footprint
155 m²
Volume, LiDAR
1,012 m³
Parcel 24068B0024/00G000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IT-MINDED BVBA
Hof van Terbank 3, 3078 KortenbergScientific research and development
since 20002.097.203.445
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24068B0024/00G000 Flanders 619 m² 1 · 155 m² 9.5 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.

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 14,149 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
Founded25-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

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