MindHouse
ActiveSummary
MindHouse has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114k and a net result of €91k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency69▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 11.93 in 2024; short-term debt: 55.6% and cash: 79.5% of total assets), but 55.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
44.1%
Return on assets
35%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 6 filingsDeviation from the deadline
2025
29 d late
2024
31 d late
2023
16 d early
2022
31 d late
2021
30 d late
2020
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€150k
EBIT margin
44.9%
Net result
€91k▲ 1.5%
2024 · €90k
Working capital
€115k▼ 33.4%
2024 · €172k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€150k
Operating result€88k▼ 14.3%€67k▼ 23.5%€105k▲ 55.3%€113k▲ 8.4%€115k▲ 1.5%
Net result€70k▼ 5.7%€53k▼ 24.5%€84k▲ 58.8%€90k▲ 6.3%€91k▲ 1.5%
EBIT margin44.9%
Equity€147k▲ 91.8%€200k▲ 36.1%€84k▼ 57.9%€174k▲ 107%€114k▼ 34.1%
Total assets€181k▲ 41.6%€236k▲ 30.1%€309k▲ 31.0%€189k▼ 38.6%€260k▲ 37.2%
Debt€34k▼ 33.3%€36k▲ 4.5%€225k▲ 528%€16k▼ 93.0%€145k▲ 822%
Working capital€144k▲ 95.3%€197k▲ 37.3%€82k▼ 58.3%€172k▲ 110%€115k▼ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260k
Fixed assets
€581 ▼ 56.3%
Current assets
€259k ▲ 37.8%
Equity and liabilities €260k
Equity
€114k ▼ 34.1%
Debt
€145k ▲ 822%
Debt's share of the balance-sheet total rises from 8.3% to 55.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€116k▲
2024 · €114k
Cash flow
€92k▲
2024 · €91k
Current ratio
1.79▼
2024 · 11.93
Debt to equity
1.27▲
2024 · 0.09
ROE
79.4%▲
2024 · 51.6%
ROA
35.0%▼
2024 · 47.3%
Interest coverage
170.42▼
2024 · 605.64
Debt ≤ 1 year
€145k▲
2024 · €16k
Income taxes
€25k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €150k | - | - | - | - |
| Non-recurring operating income76A | €130 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €80k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €1k | €1k | €749 | ▼ 29.2% |
| Other operating charges640/8 | €475 | €348 | €638 | €980 | €951 | ▼ 2.9% |
| Gross operating margin9900 | €90k | €70k | €107k | €115k | €117k | ▲ 1.2% |
| Operating profit (loss)9901 | €88k | €67k | €105k | €113k | €115k | ▲ 1.5% |
| Financial income75/76B | €2 | €17 | €2k | €52 | €2k | ▲ 3,129% |
| Recurring financial income75 | €2 | €17 | €2k | €52 | €2k | ▲ 3,129% |
| Financial charges65/66B | €145 | €84 | €282 | €189 | €680 | ▲ 260% |
| Recurring financial charges65 | €145 | €84 | €282 | €189 | €680 | ▲ 260% |
| Profit (loss) for the period before taxes9903 | €88k | €67k | €106k | €113k | €116k | ▲ 2.5% |
| Income taxes67/77 | €18k | €14k | €22k | €24k | €25k | ▲ 6.3% |
| Profit (loss) for the period9904 | €70k | €53k | €84k | €90k | €91k | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €70k | €53k | €84k | €90k | €91k | ▲ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €181k | €236k | €309k | €189k | €260k | ▲ 37.2% |
| Fixed assets21/28 | €3k | €3k | €2k | €1k | €581 | ▼ 56.3% |
| Tangible fixed assets22/27 | €3k | €3k | €2k | €1k | €581 | ▼ 56.3% |
| Plant, machinery and equipment23 | €1k | €1k | €1k | €1k | €581 | ▼ 50.9% |
| Furniture and vehicles24 | €2k | €1k | €506 | €146 | €0 | ▼ 100% |
| Current assets29/58 | €178k | €233k | €307k | €188k | €259k | ▲ 37.8% |
| Amounts receivable after more than one year29 | - | - | €13k | €13k | €13k | = |
| Other amounts receivable291 | - | - | €13k | €13k | €13k | = |
| Amounts receivable within one year40/41 | €15k | €23k | €23k | €49k | €39k | ▼ 20.3% |
| Trade receivables40 | €15k | €15k | €17k | €46k | €36k | ▼ 23.0% |
| Other amounts receivable41 | - | €8k | €6k | €3k | €3k | ▲ 25.7% |
| Cash at bank and in hand54/58 | €163k | €210k | €271k | €126k | €207k | ▲ 63.3% |
| Deferred charges and accrued income490/1 | - | - | €75 | €80 | €1k | ▲ 1,289% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €181k | €236k | €309k | €189k | €260k | ▲ 37.2% |
| Equity10/15 | €147k | €200k | €84k | €174k | €114k | ▼ 34.1% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €75k | €75k | €75k | €75k | €75k | = |
| Distributable reserves133 | €75k | €75k | €75k | €75k | €75k | = |
| Profit (loss) carried forward14 | €70k | €123k | €8k | €97k | €38k | ▼ 60.9% |
| Amounts payable17/49 | €34k | €36k | €225k | €16k | €145k | ▲ 822% |
| Amounts payable within one year42/48 | €34k | €36k | €225k | €16k | €145k | ▲ 817% |
| Trade debts44 | €2k | €2k | €4k | €3k | €4k | ▲ 27.3% |
| Suppliers440/4 | €2k | €2k | €4k | €3k | €4k | ▲ 27.3% |
| Taxes, remuneration and social security45 | €32k | €34k | €20k | €12k | €13k | ▲ 2.9% |
| Taxes450/3 | €26k | €26k | €13k | €12k | €13k | ▲ 2.9% |
| Remuneration and social security454/9 | €5k | €8k | €7k | €0 | €0 | - |
| Other amounts payable47/48 | €564 | - | €200k | €0 | €128k | - |
| Accrued charges and deferred income492/3 | - | €31 | €0 | €0 | €780 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70k | €53k | €84k | €90k | €91k | ▲ 1.5% |
| + Depreciation and write-downs630 | €1k | €2k | €1k | €1k | €749 | ▼ 29.2% |
| Operating cash flow (approximation) | €71k | €55k | €86k | €91k | €92k | ▲ 1.1% |
| Investment in fixed assets (approximation) | - | €-2k | €-683 | €-482 | €0 | ▲ 100% |
| Change in cash | - | €47k | €61k | €-144k | €80k | ▲ 155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2020net €91k ▲1.5%
Operating result €115k, net result €91k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Liquidity times 9current ratio 11.93
Current ratio from 1.37 to 11.93; short-term debt falls from €225k to €16k.
31-12
Financial
Equity above €150kEq €174k ▲107%
5 profitable years in a row build equity to €174k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €53k ▼24.5%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €200k ▲36.1%
3 profitable years in a row build equity to €200k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 5.20
Current ratio from 2.43 to 5.20; short-term debt falls from €51k to €34k.
31-12
Financial
Equity above €100kEq €147k ▲91.8%
2 profitable years in a row build equity to €147k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2019
Ground area
167 m²
Building footprint
94 m²
Volume, LiDAR
746 m³
Parcel 44032A0033/00R009, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Mindhouse
since 20192.294.456.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0033/00R009 | Flanders | 167 m² | 1 · 94 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 45 EUR awarded · 45 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,269. 978 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.