Result
The result fell in 2026 from €112,618 to €59,846.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 60% of them on solvency, 92% on liquidity, 69% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 39,278 companies had the same profile as KeyMinds has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KeyMinds itself is lower: < 0.1% within 12 months. It rests on far more data about KeyMinds than the profile alone.
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for KeyMinds. 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.
Liquidity is ample, with a current ratio of 6.29 (2.29 in 2025), above the usual 1.5. Short-term debt is 14.2% and cash 83.3% of total assets. 39.4% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| KeyMinds Meise | €289,372 | €92,220 | 60.6% | - |
| CLINIQUE BAILLI.IT Ixelles | €253,024 | €98,829 | -20.4% | - |
| FREE AM Haaltert | €279,547 | €98,030 | 77.7% | - |
| L.DW Kasterlee | €253,206 | €106,453 | 69.4% | - |
| Quality Consulting Hechtel-Eksel | €292,673 | €81,531 | 65.4% | - |
| NW Consultancy Ranst | €312,895 | €113,210 | 100.0% | - |
| LOBO Dilbeek | €280,644 | €118,303 | 78.6% | - |
These companies have the same main activity as KeyMinds: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €253,000 and €313,000, founded between 2022 and 2023.
KeyMinds has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €175,464 and a net result of €59,846.
Its solvency ranks better than 60% of 347 sector peers (NACE 82, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €150,000 and €260,000.
Higher than 50% of 9,695 companies in 2025.
Higher than 56% of 9,313 companies in 2025.
Higher than 87% of 9,437 companies in 2025.
| Line | Trend | 2026 | 2025 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
289,372 | 231,710 | |
21/28 |
30,911 | 29,812 | |
22/27 |
30,911 | 29,812 | |
23 |
8,300 | 5,863 | |
24 |
22,612 | 23,949 | |
29/58 |
258,460 | 201,898 | |
29 |
3,000 | - | |
291 |
3,000 | - | |
40/41 |
13,190 | 18,521 | |
40 |
13,190 | 18,521 | |
54/58 |
241,097 | 182,356 | |
490/1 |
1,173 | 1,021 | |
| Balance sheet: equity and liabilities | |||
10/49 |
289,372 | 231,710 | |
10/15 |
175,464 | 115,618 | |
10/11 |
3,000 | 3,000 | |
14 |
172,464 | 112,618 | |
17/49 |
113,908 | 116,092 | |
17 |
65,000 | 25,000 | |
170/4 |
65,000 | 25,000 | |
42/48 |
41,062 | 88,342 | |
44 |
321 | 788 | |
440/4 |
321 | 788 | |
45 |
24,254 | 42,710 | |
450/3 |
24,254 | 42,710 | |
47/48 |
16,486 | 44,844 | |
492/3 |
7,846 | 2,750 | |
| Income statement | |||
9900 |
92,220 | 166,306 | |
630 |
10,242 | 7,250 | |
640/8 |
737 | 9,364 | |
9901 |
81,241 | 149,691 | |
75/76B |
1,105 | 199 | |
75 |
1,105 | 199 | |
65/66B |
5,215 | 2,854 | |
65 |
5,215 | 2,854 | |
9903 |
77,132 | 147,036 | |
67/77 |
17,286 | 34,418 | |
9904 |
59,846 | 112,618 | |
9905 |
59,846 | 112,618 | |
| Appropriation of the result | |||
9906 |
172,464 | 112,618 | |
14P |
112,618 | - | |
| Document | |||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.
| Line | Trend | 2026 | 2025 |
|---|---|---|---|
| 91,484 | 156,941 | ||
| 70,088 | 119,868 | ||
| 12,055 | 37,062 | ||
| 58,742 | - | ||
| 217,399 | 113,556 | ||
| 60.6% | 49.9% | ||
| 6.29 | 2.29 | ||
| 0.65 | 1.00 | ||
| 34.1% | 97.4% | ||
| 20.7% | 48.6% | ||
| 17.54 | 54.99 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 |
|---|---|---|
| Tangible fixed assets | €12,055 | €34,749 |
| Intangible fixed assets | - | €2,313 |
| €10,242 | €7,250 |
Source: notes to the 2025 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 46% lower than in 2025.
Debt's share of the balance-sheet total falls from 50.1% to 39.4%. Equity is higher and debt is lower.
KeyMinds has no parent and no holdings in its annual accounts. KEYMIS Jan Pieter is the only director. KeyMinds shares no director with another company.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
KeyMinds was incorporated on 6 June 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 KEYMIS Jan Pieter is director of the company, appointed by deed of 08-06-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2026.3
| Establishment | Since | Unit number |
|---|---|---|
| KeyMinds bv registered office Kon. Kasteeldreef 23, 1860 Meise | 06-06-2023 | 2.346.107.920 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23050F0290/00E027 | 581 m² | 1 · 95 m² | 10.5 m · 2 |
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