Skip to content

MIND DEVLOPMENT RETAIL

Active
Private limited companyfounded 200917 years activeRue Jean Jaurès(TH) 10, 7350 Hensies, BelgiumKBO/BCE: BE 0818.227.365
Summary

MIND DEVLOPMENT RETAIL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €241,025 and a net result of €48,127. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 19,386 sector peers (NACE 68, fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€543,612total assets 2024
Equity
€241,025
Profit
€48,127
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 69 days overdue0 of 2 deeds read
Why 86- 1 financial year not filed after the legal deadline; latest accounts 50 days late; 3 of the last 3 late- Figures for FY 2024 (filed 23-09-2025)+ Liquidity: current ratio 0.74, cash €192,704+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Strong
Solvency 69+5
equity 44.3% of total assets
Liquidity 70+4
short-term debt 48.5% · cash 35.4%
Profitability 80+1
return on assets 8.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.2%▼ -0.1 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.2 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.67 in 2023; short-term debt: 48.5% and cash: 35.4% of total assets), and 55.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 60% on solvency, 80% on liquidity, 77% on profitability and 68% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 50 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 23-09-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.74, cash €192,704
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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
not confirmed
2024
50 days late
2023
83 days late
2022
67 days late
2021
30 days late
2020
83 days late
2019
88 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2018net €48,127 ▲12.5%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Among the best 18% on net resultsector median €4,436 · 19,372 companies €48,127 View
  • Positive: 7 profitable years in a rowprofit 2024: €48,127 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€543,612
Profit
€48,127
Solvency
44.3%
Total assets▼ 0.5%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 31-12-2023Equity above €200,000
  2. 06-10-2023Annual accounts filed
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
31-08-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.