MentorMind
ActiveSummary
MentorMind has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,635 and a net result of -€13,209. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 2074 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
cash: 76.7% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€13,209
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d early
2023
36 d early
2022
51 d early
2021
33 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 26 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€136,635▼ 8.8%
2024 · €149,844
Total assets
€136,635▼ 8.8%
2024 · €149,856
Net result
-€13,209▲ 2.0%
2024 · -€13,474
Working capital
€140,327▼ 1.1%
2021 · €141,899
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€101,937▲ 431%€2,089▼ 98.0%-€6,434-€13,305▼ 107%-€13,141▲ 1.2%
Net result€74,602above the sector's middle half▲ 441%€236within the sector's middle half▼ 99.7%-€7,368below the sector's middle half-€13,474below the sector's middle half▼ 82.9%-€13,209below the sector's middle half▲ 2.0%
Equity€170,449above the sector's middle half▲ 77.8%€170,685above the sector's middle half▲ 0.1%€163,318above the sector's middle half▼ 4.3%€149,844above the sector's middle half▼ 8.2%€136,635above the sector's middle half▼ 8.8%
Total assets€197,046within the sector's middle half▲ 36.8%€170,685within the sector's middle half▼ 13.4%€163,318within the sector's middle half▼ 4.3%€149,856within the sector's middle half▼ 8.2%€136,635within the sector's middle half▼ 8.8%
Debt€26,597▼ 44.8%€12
Working capital€141,899above the sector's middle half▲ 48.0%€140,327above the sector's middle half
Solvency86.5%above the sector's middle half▲ 20.0pp100.0%above the sector's middle half▲ 13.5pp100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=
Current ratio6.34above the sector's middle half▲ 3.35
Return on assets (ROA)37.9%above the sector's middle half▲ 28.3pp0.1%within the sector's middle half▼ 37.7pp-4.5%below the sector's middle half▼ 4.6pp-9.0%below the sector's middle half▼ 4.5pp-9.7%below the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,141 in 2025 against €13,305 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,635
Fixed assets
€3,172 ▼ 66.7%
Current assets
€133,462 ▼ 4.9%
Key figures and ratios
EBITDA
-€6,797▲
2024 · -€6,960
Cash flow
-€6,865▲
2024 · -€7,129
ROE
-9.7%▼
2024 · -9.0%
Interest coverage
-99.47▼
2024 · -41.19
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,172 | €6,345 | €6,345 | €6,345 | €6,345 | = |
| Other operating charges640/8 | - | €102 | €457 | €502 | €507 | ▲ 1.0% |
| Gross operating margin9900 | €105,557 | €8,535 | €367 | -€6,458 | -€6,289 | ▲ 2.6% |
| Operating profit (loss)9901 | €101,937 | €2,089 | -€6,434 | -€13,305 | -€13,141 | ▲ 1.2% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €311 | €459 | €169 | €68 | ▼ 59.6% |
| Recurring financial charges65 | €905 | €311 | €459 | €169 | €68 | ▼ 59.6% |
| Profit (loss) for the period before taxes9903 | €101,031 | €1,778 | -€6,893 | -€13,474 | -€13,209 | ▲ 2.0% |
| Income taxes67/77 | €26,429 | €1,542 | €475 | - | - | - |
| Profit (loss) for the period9904 | €74,602 | €236 | -€7,368 | -€13,474 | -€13,209 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €74,602 | €236 | -€7,368 | -€13,474 | -€13,209 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €197,046 | €170,685 | €163,318 | €149,856 | €136,635 | ▼ 8.8% |
| Fixed assets21/28 | €28,550 | €22,206 | €15,861 | €9,517 | €3,172 | ▼ 66.7% |
| Intangible fixed assets21 | €28,550 | €22,206 | €15,861 | €9,517 | €3,172 | ▼ 66.7% |
| Current assets29/58 | €168,496 | €148,480 | €147,456 | €140,339 | €133,462 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €29,799 | €26,215 | €27,298 | €27,388 | €28,603 | ▲ 4.4% |
| Trade receivables40 | - | €841 | €2,026 | €841 | €841 | = |
| Other amounts receivable41 | - | €25,374 | €25,272 | €26,547 | €27,762 | ▲ 4.6% |
| Cash at bank and in hand54/58 | €138,697 | €122,265 | €120,158 | €112,951 | €104,859 | ▼ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €197,046 | €170,685 | €163,318 | €149,856 | €136,635 | ▼ 8.8% |
| Equity10/15 | €170,449 | €170,685 | €163,318 | €149,844 | €136,635 | ▼ 8.8% |
| Contributions10/11 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €4,948 | €4,948 | €4,948 | €4,948 | €4,948 | = |
| Non-distributable reserves130/1 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Reserves not available under the articles1311 | - | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | €1,849 | €1,849 | €1,849 | €1,849 | = |
| Profit (loss) carried forward14 | €134,515 | €134,751 | €127,383 | €113,910 | €100,700 | ▼ 11.6% |
| Amounts payable17/49 | €26,597 | - | - | €12 | - | - |
| Amounts payable within one year42/48 | €26,597 | - | - | €12 | - | - |
| Trade debts44 | €1,176 | - | - | €12 | - | - |
| Suppliers440/4 | - | - | - | €12 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,602 | €236 | -€7,368 | -€13,474 | -€13,209 | ▲ 2.0% |
| + Depreciation and write-downs630 | €3,172 | €6,345 | €6,345 | €6,345 | €6,345 | = |
| Operating cash flow (approximation) | €77,774 | €6,581 | -€1,023 | -€7,129 | -€6,865 | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€16,432 | -€2,107 | -€7,207 | -€8,092 | ▼ 12.3% |
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
28-08
State Gazette act
Wijnegemsteenweg 5A 2970 'S GravenwezelRegistered-office move2 facts ▸
State Gazette act
Wijnegemsteenweg 5A 2970 'S Gravenwezel
Registered-office move2 facts ▸
- Registered-office move, Wijnegemsteenweg 5 bus 3 2970 's Gravenwezel
- General meeting, 24-07-2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€13,474
Net result drops to -€13,474, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2019net €74,602 ▲441%
Operating result €101,937, net result €74,602, both a record.
30-09
Financial
Liquidity doublescurrent ratio 6.34
Current ratio from 2.99 to 6.34; short-term debt falls from €48,172 to €26,597.
30-09
Financial
Equity above €150,000Eq €170,449 ▲77.8%
3 profitable years in a row build equity to €170,449.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1998
Ground area
1,399 m²
Building footprint
322 m²
Volume, LiDAR
2,053 m³
Parcel 11041C0002/00W000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Wijnegemsteenweg 5, 2970 Schilde
since 19982.068.840.447
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0002/00W000 | Flanders | 1,399 m² | 1 · 322 m² | 10.7 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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BIORIVAL
BE 0478.497.634
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Open Context
BE 0871.542.921
Brussel · Eq €135,636
Uilenspel
BE 0808.284.568
Gent · Eq €135,508
Of 11,660 companies in this sector we hold annual accounts for 1,328. 998 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-09-1994
Fiscal year end30-09
Activities, NACEBEL 2025
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453520728
Also
9925:BE0453520728
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.