MINDBYTE
ActiveSummary
MINDBYTE has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €59,176. Equity is shrinking by about 3.8% per year across the filed financial years. Its solvency ranks better than 12% of 21,076 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €18,600
- Profit
- €59,176
Why 92raises riskEquity €18,600 (5.9% of total assets)lowers riskSize: total assets €316,447Sector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 0.74, cash €128,089Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro): better than 14% on solvency, 41% on liquidity, 56% on profitability and 31% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
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Signals
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 5% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,325 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,440 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,809 | €24,900 | €25,124 | €16,545 | €32,258 | €32,735 | €32,281 | €28,568 | ▼ 11.5% |
| Other operating charges640/8 | - | - | - | €1,073 | €1,114 | €1,451 | €1,094 | €2,890 | ▲ 164% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €449 | - |
| Gross operating margin9900 | €71,730 | €89,456 | €120,072 | €126,726 | €130,880 | €131,943 | €109,083 | €111,077 | ▲ 1.8% |
| Operating profit (loss)9901 | €45,729 | €63,510 | €93,766 | €109,108 | €97,508 | €97,758 | €75,708 | €79,171 | ▲ 4.6% |
| Financial income75/76B | - | - | - | - | €1 | €0 | - | - | - |
| Recurring financial income75 | €717 | - | - | - | €1 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €1,352 | €1,640 | €1,162 | €740 | €3,552 | ▲ 380% |
| Recurring financial charges65 | €3,829 | €1,681 | €1,257 | €1,352 | €1,640 | €1,162 | €740 | €3,552 | ▲ 380% |
| Profit (loss) for the period before taxes9903 | €42,616 | €61,830 | €92,509 | €107,756 | €95,868 | €96,595 | €74,968 | €75,618 | ▲ 0.9% |
| Income taxes67/77 | €10,727 | €13,757 | €19,513 | €22,903 | €20,176 | €20,306 | €16,096 | €16,442 | ▲ 2.1% |
| Profit (loss) for the period9904 | €31,890 | €48,073 | €72,996 | €84,852 | €75,692 | €76,289 | €58,871 | €59,176 | ▲ 0.5% |
| Profit (loss) for the period to be appropriated9905 | €31,890 | €48,073 | €72,996 | €84,852 | €75,692 | €76,289 | €58,871 | €59,176 | ▲ 0.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €223,925 | €222,540 | €279,906 | €352,814 | €393,200 | €317,771 | €293,077 | €316,447 | ▲ 8.0% |
| Fixed assets21/28 | €121,243 | €98,443 | €81,010 | €165,814 | €137,290 | €105,737 | €83,007 | €136,546 | ▲ 64.5% |
| Tangible fixed assets22/27 | €120,283 | €97,483 | €80,050 | €164,854 | €136,330 | €104,777 | €82,047 | €135,586 | ▲ 65.3% |
| Land and buildings22 | - | - | - | €48,315 | €43,492 | €38,668 | €38,386 | €33,101 | ▼ 13.8% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €2,760 | €2,201 | ▼ 20.3% |
| Furniture and vehicles24 | - | - | - | €116,539 | €92,839 | €66,109 | €40,901 | €100,284 | ▲ 145% |
| Financial fixed assets28 | €960 | €960 | €960 | €960 | €960 | €960 | €960 | €960 | = |
| Current assets29/58 | €102,682 | €124,097 | €198,896 | €187,000 | €255,910 | €212,034 | €210,070 | €179,901 | ▼ 14.4% |
| Amounts receivable within one year40/41 | €38,597 | €36,928 | €44,487 | €18,253 | €41,321 | €25,578 | €19,920 | €51,056 | ▲ 156% |
| Trade receivables40 | - | - | - | €18,150 | €38,115 | €20,755 | €15,815 | €47,379 | ▲ 200% |
| Other amounts receivable41 | - | - | - | €103 | €3,206 | €4,824 | €4,105 | €3,677 | ▼ 10.4% |
| Cash at bank and in hand54/58 | €61,609 | €84,153 | €141,446 | €166,967 | €212,724 | €184,811 | €188,549 | €128,089 | ▼ 32.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,780 | €1,864 | €1,644 | €1,601 | €756 | ▼ 52.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €223,925 | €222,540 | €279,906 | €352,814 | €393,200 | €317,771 | €293,077 | €316,447 | ▲ 8.0% |
| Equity10/15 | €52,651 | €99,912 | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | €18,600 | ▼ 9.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €33,860 | €80,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €191 | €452 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €171,274 | €122,628 | €259,446 | €332,354 | €372,740 | €297,311 | €272,617 | €297,847 | ▲ 9.3% |
| Amounts payable after more than one year17 | €61,542 | €37,018 | €28,719 | €92,191 | €58,882 | €25,179 | €0 | €55,942 | - |
| Financial debts170/4 | - | - | - | €92,191 | €58,882 | €25,179 | €0 | €55,942 | - |
| Amounts payable within one year42/48 | €107,695 | €85,088 | €229,718 | €239,040 | €313,858 | €272,131 | €272,617 | €241,905 | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €32,922 | €33,309 | €33,702 | €25,179 | €24,390 | ▼ 3.1% |
| Trade debts44 | €1,455 | €1,517 | €11,566 | €5,524 | €277 | €1,727 | €924 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €5,524 | €277 | €1,727 | €924 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €2,300 | €12,191 | €13,612 | €12,160 | €13,298 | ▲ 9.4% |
| Taxes450/3 | - | - | - | €0 | €9,891 | €11,312 | €9,860 | €10,998 | ▲ 11.5% |
| Remuneration and social security454/9 | - | - | - | €2,300 | €2,300 | €2,300 | €2,300 | €2,300 | = |
| Other amounts payable47/48 | - | - | - | €198,294 | €268,081 | €223,090 | €234,354 | €204,217 | ▼ 12.9% |
| Accrued charges and deferred income492/3 | - | - | - | €1,123 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,890 | €48,073 | €72,996 | €84,852 | €75,692 | €76,289 | €58,871 | €59,176 | ▲ 0.5% |
| + Depreciation and write-downs630 | €24,809 | €24,900 | €25,124 | €16,545 | €32,258 | €32,735 | €32,281 | €28,568 | ▼ 11.5% |
| Operating cash flow (approximation) | €56,698 | €72,973 | €98,119 | €101,397 | €107,950 | €109,024 | €91,152 | €87,744 | ▼ 3.7% |
| Investment in fixed assets (approximation) | - | -€2,100 | -€7,691 | -€101,349 | -€3,734 | -€1,182 | -€9,551 | -€82,106 | ▼ 760% |
| Change in cash | - | €22,545 | €57,293 | €25,521 | €45,757 | -€27,913 | €3,738 | -€60,460 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00126684 |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00362162 |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00321135 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00310560 |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20283402 |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42300142 |
| 31-12-2019 | micro format | 07-08-2020 | 2020-39600106 |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35200200 |
| 31-12-2017 | micro format | 16-07-2018 | 2018-32600453 |
| 31-12-2016 | micro format | 23-08-2017 | 2017-45700397 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PELGRIMS Ken |
|
Owners and capital
Capital and shareholders
- 17-11-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-11
Gazette deed
Reappointment: PELGRIMS Ken (director)Capital conversion · Reserve release · Amendment of the articles6 facts ▸
- Other provision, “besloten vennootschap (BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar voor uitkering, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director reappointment, PELGRIMS Ken (director)
- Amendment of the articles
- Other provision, “beknopt uittreksel en neerlegging, VOOR BEKNOPT UITTREKSEL” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12035E0154/00Y000 | Flanders | 166 m² | 1 · 141 m² | 10.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Adviesverstrekking, ontwikkelen, productie, implementatie en onderhouden van software; Geven van management en bedrijfsgerichte…” (deed in Dutch)
20 activities (deed in Dutch)
- Adviesverstrekking, ontwikkelen, productie, implementatie en onderhouden van software;
- Geven van management en bedrijfsgerichte softwaretrainingen en advies;
- Geven van voordrachten en verzorgen van softwareopleidingen en trainingen;
- Begeleiding, adviesverstrekking en uitvoeren van automatiseringsopdrachten;
- Outsourcing van alle informatica en onderhoudsactiviteiten, vertegenwoordiging van andere firma’s;
- In- en uitvoer, aan- en verkoop, groot- en kleinhandel van alle hard- en softwareproducten en computerbenodigdheden;
- Aan- en verkoop van alle roerende goederen en materialen die van aard zijn de verwezenlijking van haar doel rechtstreeks of onrechtstreeks te bevorderen;
- Het ter beschikking stellen van soft- en hardware voor allerhande computertoepassingen;
- Detachering van personeel voor informaticaprojecten;
- Het in eigen beheer uitvoeren van informaticaopdrachten;
- Deze aanduiding en opsomming zijn niet beperkend doch enkel van aanwijzende aard, zijn in het algemeen en in alle aspecten daarvan, met inbegrip van elk mandaat of elke opdracht volgend uit of in relatie met het leveren van deze diensten;
- Het analyseren, uitvoeren en begeleiden van veranderingsprocessen in organisaties, en alle activiteiten die in publicaties onder het trefwoord management worden ondergebracht;
- Deze aanduiding en opsomming zijn niet beperkend doch enkel van aanwijzende aard, zijn in het algemeen en in alle aspecten daarvan, met inbegrip van elk mandaat of elke opdracht volgend uit of in relatie met het leveren van deze diensten.
- Alle activiteiten die gericht zijn op het materieel vergemakkelijken van voornoemde bezigheden zoals het ter beschikking brengen van de nodige ruimte en accommodatie door het huren, kopen en verkopen van uitrustingen en immobiliën. Verder de aanwerving van het nodige personeel voor het uitoefenen van de voornoemde activiteiten en het ter beschikking brengen aan derden van personeel voor het uitvoeren van bepaalde opdrachten.
- Het beheer, de aankoop en verhuring van vastgoed.
- Organisatie van evenementen zoals bedrijfsevenementen, culturele en sportevenementen.
- De vennootschap handelt voor eigen rekening, in commissie, als tussenpersoon of als vertegenwoordiger.
- Voor alle hierboven vernoemde activiteiten mag de vennootschap op om het even welke manier activiteiten uitoefenen die de verwezenlijking van haar maatschappelijk doel kunnen bevorderen en op enigerlei wijze aan zulke activiteit deelnemen. Ze kan participeren in of een fusie aangaan met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze in de hand werken.
- Ze mag voor de uitoefening van haar doel alle roerende en onroerende goederen verwerven, hoe ook, zo als gevolg van aankoop, huur, leasing, schenking of op grond van elke andere overeenkomst waardoor goederen kunnen verworven worden in eigendom, genot, vruchtgebruik of enig Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen, met inbegrip van het handelsfonds in pand geven en zij mag aval verlenen voor alle leningen, kredietopnemingen en alle andere verbintenissen, zowel voor haarzelf als van alle derden.
- Zij kan tevens functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MINDBYTE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van bestuursorgaan verplaatsbaar in binnen- of naar buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone“TITEL IV. BESTUUR - CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
Full text
TITEL IV. BESTUUR - CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder kunnen hebben. De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid. Bij gebrek aan bepaling van de duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp van de vennootschap, behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden. Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten toekennen aan elke mandataris.
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in Dutch)“Vergoeding van de bestuurders” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed