IT-MINDED
ActiveSummary
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.
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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 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
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 filingsDeviation 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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
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
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
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
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.
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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
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
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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 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.