MINDHACK-SOFTWARE
ActiveMINDHACK-SOFTWARE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €1k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 8.3 against 9.99 in 2024; short-term debt: 11.9% and cash: 21.1% of total assets), and 11.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.1%
Return on assets
1.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
43 d early
2024
43 d early
2023
42 d early
2022
42 d early
2021
11 d early
2020
9 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 1.8%
2024 · €59k
2019: €82k
2020: €96k
2021: €129k
2022: €153k
2023: €91k
2024: €59k
2019 → 2025
Total assets
€68k▲ 4.8%
2024 · €65k
2019: €133k
2020: €114k
2021: €156k
2022: €161k
2023: €95k
2024: €65k
2019 → 2025
Net result
€1k
2024 · €-20k
2019: €35k
2020: €15k
2021: €32k
2022: €24k
2023: €-44k
2024: €-20k
2019 → 2025
Working capital
€59k▲ 8.8%
2024 · €54k
2019: €81k
2020: €96k
2021: €129k
2022: €152k
2023: €88k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€153k▲ 18.6%€91k▼ 40.4%€59k▼ 35.6%€60k▲ 1.8%
Operating result€47k-€33k▼ 28.9%€-44k€-24k▲ 44.9%€974
Net result€32k-€24k▼ 26.3%€-44k€-20k▲ 54.6%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €974 after a loss of €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€860▼ 81.0%
Current assets
€67k▲ 11.3%
Equity and liabilities €68k
Equity
€60k▲ 1.8%
Debt
€8k▲ 33.8%
The debt ratio rises from 9.3% to 11.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2024 · €-21k
Cash flow
€5k▲
2024 · €-16k
Solvency
88.1%▼
2024 · 90.7%
Current ratio
8.30▼
2024 · 9.99
Quick ratio
8.30▼
2024 · 9.99
Debt / equity
0.13▲
2024 · 0.10
ROE
1.8%▲
2024 · -34.0%
ROA
1.6%▲
2024 · -30.8%
Interest coverage
23.32▲
2024 · -119.69
Debt
€8k▲
2024 · €6k
Debt ≤ 1 year
€8k▲
2024 · €6k
Income taxes
€195▼
2024 · €196
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65k€68k▲
Fixed assets21/28€5k€860▼
Tangible fixed assets22/27€5k€860▼
Plant, machinery and equipment23€2k€661▼
Furniture and vehicles24€3k€199▼
Current assets29/58€60k€67k▲
Amounts receivable within one year40/41€1k€53k▲
Trade receivables40€1k€12k▲
Other amounts receivable41€11€41k▲
Cash at bank and in hand54/58€57k€14k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€65k€68k▲
Equity10/15€59k€60k▲
Contributions10/11€12k€12k=
Reserves13€110k€110k=
Distributable reserves133€110k€110k=
Profit (loss) carried forward14€-64k€-63k▲
Amounts payable17/49€6k€8k▲
Amounts payable within one year42/48€6k€8k▲
Trade debts44€728€916▲
Suppliers440/4€728€916▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€279€181▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€706€726▲
Gross operating margin9900€-20k€5k▲
Operating profit (loss)9901€-24k€974▲
Financial income75/76B€5k€485▼
Recurring financial income75€5k€485▼
Financial charges65/66B€175€199▲
Recurring financial charges65€175€199▲
Profit (loss) for the period before taxes9903€-20k€1k▲
Income taxes67/77€196€195▼
Profit (loss) for the period9904€-20k€1k▲
Profit (loss) for the period to be appropriated9905€-20k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-63k▲
Profit (loss) brought forward from the previous period14P€-44k€-64k▼
Transfer from equity791/2€13k-
Profit to be distributed694/7€13k-
Return on contributions (dividend)694€13k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-44k ▼283%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 18.74
Current ratio from 5.83 to 18.74; short-term debt falls from €27k to €9k.
30-06
Financial
Equity above €150kEq €153k ▲18.6%
4 profitable years in a row build equity to €153k.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €129k ▲33.7%
3 profitable years in a row build equity to €129k.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 6.33
Current ratio from 2.59 to 6.33; short-term debt falls from €51k to €18k.
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergstraat 753500 HasseltGround area
236 m²
Building footprint
64 m²
Volume, LiDAR
359 m³
Parcel 71324E0155/00W003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mindhack-Software
since 20162.252.885.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0155/00W003 | Flanders | 236 m² | 1 · 64 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 16,886 companies in sector 62100 we hold annual accounts for 8,776. 6,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2016
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:johan.nulens@gmail.com
Phone:0498786332