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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.
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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 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

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.

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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.

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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
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 18,390. 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.