MASTERMIND
ActiveMASTERMIND has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €-4k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 9.29 against 17.35 in 2024), and 14.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
29 d early
2023
41 d early
2022
27 d early
2021
18 d early
2020
27 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€227k▼ 4.1%
2024 · €237k
2019: €93k
2020: €156k
2021: €197k
2022: €217k
2023: €238k
2024: €237k
2019 → 2025
Total assets
€266k▲ 7.4%
2024 · €248k
2019: €140k
2020: €256k
2021: €237k
2022: €239k
2023: €265k
2024: €248k
2019 → 2025
Net result
€-4k▼ 134%
2024 · €-2k
2019: €-9k
2020: €63k
2021: €41k
2022: €87k
2023: €57k
2024: €-2k
2019 → 2025
Working capital
€172k▼ 4.6%
2024 · €180k
2019: €45k
2020: €171k
2021: €154k
2022: €160k
2023: €175k
2024: €180k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€217k▲ 10.2%€238k▲ 9.7%€237k▼ 0.6%€227k▼ 4.1%
Operating result€66k-€126k▲ 90.9%€80k▼ 36.1%€1k▼ 98.6%€2k▲ 71.0%
Net result€41k-€87k▲ 112%€57k▼ 34.8%€-2k€-4k▼ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€74k▲ 29.6%
Current assets
€192k▲ 0.7%
Equity and liabilities €266k
Equity
€227k▼ 4.1%
Debt
€39k▲ 254%
The debt ratio rises from 4.4% to 14.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€22k▲
2024 · €13k
Cash flow
€16k▲
2024 · €10k
Solvency
85.3%▼
2024 · 95.6%
Current ratio
9.29▼
2024 · 17.35
Quick ratio
9.29▼
2024 · 17.35
Debt / equity
0.17▲
2024 · 0.05
ROE
-1.6%▼
2024 · -0.6%
ROA
-1.3%▼
2024 · -0.6%
Interest coverage
5.21▼
2024 · 5.47
Debt
€39k▲
2024 · €11k
Debt ≤ 1 year
€21k▲
2024 · €11k
Debt > 1 year
€18k
Income taxes
€3k▲
2024 · €723
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€248k€266k▲
Fixed assets21/28€57k€74k▲
Tangible fixed assets22/27€56k€74k▲
Land and buildings22€27k€16k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€26k€56k▲
Financial fixed assets28€583€0▼
Current assets29/58€191k€192k▲
Amounts receivable within one year40/41€56k€88k▲
Trade receivables40€50k€71k▲
Other amounts receivable41€6k€16k▲
Current investments50/53€110k€80k▼
Cash at bank and in hand54/58€25k€23k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€248k€266k▲
Equity10/15€237k€227k▼
Contributions10/11€6k€0▼
Reserves13€231k€230k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€231k€230k▼
Profit (loss) carried forward14€0€-3k▼
Amounts payable17/49€11k€39k▲
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€11k€21k▲
Current portion of amounts payable after more than one year42-€8k
Financial debts43-€233
Credit institutions430/8-€233
Trade debts44€161€3k▲
Suppliers440/4€161€3k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€9k▼
Income statement
Code20242025
Non-recurring operating income76A-€335
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€20k▲
Other operating charges640/8€126€10k▲
Gross operating margin9900€13k€32k▲
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€452€2k▲
Recurring financial income75€452€2k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-798€-566▲
Income taxes67/77€723€3k▲
Profit (loss) for the period9904€-2k€-4k▼
Profit (loss) for the period to be appropriated9905€-2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Transfer from equity791/2€2k€338▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 17.35
Current ratio from 7.56 to 17.35; short-term debt falls from €27k to €11k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €87k ▲112%
Operating result €126k, net result €87k, both a record.
30-06
Financial
Equity above €200kEq €217k ▲10.2%
3 profitable years in a row build equity to €217k.
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 6.23
Current ratio from 2.81 to 6.23.
30-06
Financial
Equity above €150kEq €156k ▲68.5%
Equity rises from €93k to €156k.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pastorijdreef 79260 WichelenGround area
1,178 m²
Building footprint
168 m²
Volume, LiDAR
891 m³
Parcel 42026A0338/00Y000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MASTERMIND BVBA
since 19972.084.220.093
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026A0338/00Y000 | Flanders | 1,178 m² | 1 · 168 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
INTRABIZ
BE 0843.345.615
Hamme (Vl.) · Eq €227k
ERST
BE 0754.908.636
Gerpinnes · Eq €227k
FINVEX
BE 0823.188.718
Brussel · Eq €227k
DEVELOPPEMENT INTERNATIONAL EN TECHNOLOGIES ET IMMOBILIER
BE 0430.496.193
Hamoir · Eq €227k
FELO
BE 0478.804.668
Kalmthout · Eq €227k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 39,190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-1997
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.