Equity
€42,767 from €104,636 in 2022
Equity fell by 59% in 3 years.
Mind.Shift
Lifetime
6 annual accounts with figures on one time axispeak €164,975 (2023)
€64,382▼ 57.9%
peak €64,013 (2023)
€37,767▼ 33.3%
peak €104,636 (2022)
€42,767▲ 755%
€9,064▼ 92.9%
Board1 name since 2020
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €152,770 to €64,382Result from €56,581 to €37,767Equity from €5,000 to €42,767Debts from €126,896 to €9,064Cash from €73,523 to €2,829
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Liquidity
2.65 was 0.75 in 2024
Short-term debts fell from €126,680 to €8,995.
2025 accounts filed 21 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Mind.Shift has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,973 companies, not a prediction for Mind.Shift. 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 check for an amount and term of your choice
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.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740924404
Registered office moved from Putte to Elewijt
New registered office: Weerdesteenweg 2B, 1982 Elewijt (Zemst) · Previous registered office: Aarschotbaan 4, 2580 Putte · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: (partner and founder) · Appointment: (director) · published on 10-01-2020 · Gazette deed
First establishment
Weerdesteenweg 2 B, Zemst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Mind.Shift Zemst | €51,831 | €64,382 | 82.5% | - |
| JWBO Herent | €54,305 | €63,232 | 8.4% | - |
| NVD Consulting Tremelo | €46,831 | €60,340 | 20.7% | - |
| LM TECH CONSULTING Pepingen | €48,138 | €62,354 | 9.4% | - |
| Kris Wijnants Leuven | €61,435 | €67,073 | 4.9% | - |
| T-Tree Uccle | €54,382 | €65,149 | 15.5% | - |
| MAJJI Schaerbeek | €51,740 | €69,337 | 22.5% | - |
These companies have the same main activity as Mind.Shift: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €46,800 and €61,400, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 08-01-2020Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.297.748.1731982 Zemst, since 08-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2024
Insights on Mind.Shift
Mind.Shift files the micro format. That format states no turnover. The gross margin rose from €51,255 in 2020 to €64,382 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.Shift
- What is the company number of Mind.Shift?
- The company number of Mind.Shift is 0740.924.404. The VAT number is the same number with BE in front: BE 0740.924.404.
- Where is Mind.Shift based?
- The registered office is at Weerdesteenweg 2 B, 1982 Zemst.Company details
- What does Mind.Shift do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Mind.Shift?
- Mind.Shift is a private limited company (BV).
- When was Mind.Shift founded?
- Mind.Shift was founded on 08-01-2020.
- Is Mind.Shift still active?
- Yes, Mind.Shift is an active enterprise in the KBO register.
- How many employees does Mind.Shift have?
- Mind.Shift had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Mind.Shift?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €64,382 and 60 comparable companies (NACE 62200). It probably lies between €110,000 and €160,000.
- Is Mind.Shift profitable?
- In financial year 2025, Mind.Shift made a profit of €37,767.
- Where can I find the annual accounts of Mind.Shift?
- Mind.Shift filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Mind.Shift due?
- Mind.Shift must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.