Equity
€510,598 ▲ 0.6%
MIND & MOTION paid out €1,666 in dividends. That is 34% of the 2025 profit.
MIND & MOTION
Lifetime
17 annual accounts with figures on one time axispeak €420,194 (2024)
€174,406▼ 58.5%
lowest -€72,979 (2020)
€4,948▼ 97.5%
peak €510,598 (2025)
€510,598▲ 0.6%
€2.2m▲ 83.6%
peak 3.6 FTE (2018)
3.1 FTE▲ 34.8%
Board2 names since 2008
2 directorsAnnemieke DE ROOY and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €420,194 to €174,406Result from €200,084 to €4,948Staff from 2.3 FTE to 3.1 FTEDividend €1,666Debts from €1.2m to €2.2mInvestments €58,779
Key points
from the 2025 annual accountsResult
€4,948 ▼ 97.5%
The result fell in 2025 from €200,084 to €4,948.
Debts
€2.2m ▲ 83.6%
Debts rose by €1.0m in 2025.
Investments
€58,784 2.0 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-12-2025
In 2025, 3 people joined and 2 left.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 8 to 42 days before the end of the period.
Checked score
93
Excellent
Financially stronger than 45% of micro companies in travel agencies (NACE 79)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 1,004 companies (NACE 79, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Liquidity: current ratio 4.45, cash €613,136
Figures for financial year 2025 (filed on 22-07-2026)
Founded in 2008
Size: 3.1 FTE, total assets €2.8m
Calculation
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 79, micro). It does better than 30% of them on solvency, 66% on liquidity, 44% on profitability and 38% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as MIND & MOTION has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MIND & MOTION itself is lower: 0.1% within 12 months. It rests on far more data about MIND & MOTION than the profile alone.
Test of the method
The method was tested on the 497,448 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 4,508 companies, not a prediction for MIND & MOTION. 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.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.45 (2.64 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 22.2% of total assets. However, 81.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
8 days early
2023
35 days early
2022
42 days early
2021
34 days early
2020
38 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806138888
Changes of role: Tineke ALGOET (director) and Annemieke DE ROOY (director)
General meeting of 20-07-2023 · Gazette deed
Registered office moved from Lokeren to Melle
New registered office: Brusselsesteenweg 111/203, 9090 Melle · Previous registered office: Papestraat 17, 9160 Lokeren · General meeting of 28-04-2017 · Gazette deed
Incorporation
published on 12-09-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MIND & MOTION Merelbeke-Melle | €2.8m | €174,406 | 18.5% | 3.1 |
| ASL TRAVEL Hasselt | €2.5m | €260,527 | 25.9% | 2.5 |
| Flowtrack Lokeren | €2.3m | €427,610 | 33.0% | 2.2 |
| TRAVEL ZONE Schilde | €2.3m | €352,532 | 6.5% | 4 |
| VOYAGES JACQUEMIN Rochefort | €1.8m | €299,092 | 40.5% | 2.8 |
| ADVICE TRAVEL Comines-Warneton | €1.7m | €228,431 | 14.8% | 3.6 |
| HET REISWINKELTJE Roeselare | €2.5m | €383,980 | 19.7% | 4 |
These companies have the same main activity as MIND & MOTION: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €1.7m and €2.5m, founded between 2002 and 2008.
Official details
Source: KBO- Status
- Active since 02-09-2008Normal situation
- Activity
- Travel agency activitiesNACE 79110and 2 others
- Establishment unit
- 2.172.757.7359090 Merelbeke-Melle, since 02-09-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 22-11-2024
Annual accounts 2025
- ≈ €440,000estimated
- €2.8m▲ 59.3%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on MIND & MOTION
MIND & MOTION files the abbreviated format. That format states no turnover. The gross margin rose from €38,734 in 2009 to €174,406 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MIND & MOTION
- What is the company number of MIND & MOTION?
- The company number of MIND & MOTION is 0806.138.888. The VAT number is the same number with BE in front: BE 0806.138.888.
- Where is MIND & MOTION based?
- The registered office is at Brusselsesteenweg 111, 9090 Merelbeke-Melle.Company details
- What does MIND & MOTION do?
- According to the KBO register, the main activity is travel agency activities (NACE 79110).
- What is the legal form of MIND & MOTION?
- MIND & MOTION is a private limited company (BV).
- When was MIND & MOTION founded?
- MIND & MOTION was founded on 02-09-2008.
- Is MIND & MOTION still active?
- Yes, MIND & MOTION is an active enterprise in the KBO register.
- How many employees does MIND & MOTION have?
- MIND & MOTION had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MIND & MOTION?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €174,406 and 1,650 comparable companies of the same size. It probably lies between €270,000 and €830,000. It is a rough estimate. In financial year 2021 turnover was €328,426.
- Is MIND & MOTION profitable?
- In financial year 2025, MIND & MOTION made a profit of €4,948.
- Where can I find the annual accounts of MIND & MOTION?
- MIND & MOTION filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MIND & MOTION due?
- MIND & MOTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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