mindIT consulting
ActiveSummary
mindIT consulting has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €710k and a net result of €-26k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency100=
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 13.75 in 2024; short-term debt: 15.5% and cash: 30.2% of total assets), and 15.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
84.5%
Return on assets
-3.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-26k
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
15 d late
2023
41 d early
2022
41 d early
2021
8 d early
2020
18 d early
2019
25 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, full schema
Turnover
€94k▼ 5.8%
2024 · €100k
2018: €285k
2019: €399k▲ +40.1% vs 2018highest in 8 years
2020: €58k▼ -85.4% vs 2019lowest in 8 years
2021: €195k▲ +235% vs 2020
2022: €89k▼ -54.6% vs 2021
2023: €94k▲ +6.2% vs 2022
2024: €100k▲ +6.1% vs 2023
2025: €94k▼ -5.8% vs 2024
2018 → 2025
EBIT margin
-29.2%▼ 7.9pp
2024 · -21.4%
2018: 22.1%
2019: 75.9%▲ +244% vs 2018highest in 8 years
2020: -139.7%▼ -284% vs 2019lowest in 8 years
2021: 49.9%▲ +136% vs 2020
2022: -37.7%▼ -175% vs 2021
2023: -31.8%▲ +15.6% vs 2022
2024: -21.4%▲ +32.8% vs 2023
2025: -29.2%▼ -36.8% vs 2024
2018 → 2025
Net result
€-26k▼ 27.5%
2024 · €-20k
2018: €40k
2019: €193k▲ +388% vs 2018highest in 8 years
2020: €-81k▼ -142% vs 2019lowest in 8 years
2021: €83k▲ +202% vs 2020
2022: €-34k▼ -141% vs 2021
2023: €-30k▲ +13.9% vs 2022
2024: €-20k▲ +31.2% vs 2023
2025: €-26k▼ -27.5% vs 2024
2018 → 2025
Working capital
€129k▼ 38.9%
2024 · €211k
2018: €231k
2019: €441k▲ +91.3% vs 2018highest in 8 years
2020: €101k▼ -77.2% vs 2019lowest in 8 years
2021: €199k▲ +97.0% vs 2020
2022: €178k▼ -10.3% vs 2021
2023: €177k▼ -0.8% vs 2022
2024: €211k▲ +19.2% vs 2023
2025: €129k▼ -38.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€195k-€89k▼ 54.6%€94k▲ 6.2%€100k▲ 6.1%€94k▼ 5.8%
2021: €195khighest in 5 years
2022: €89k▼ -54.6% vs 2021lowest in 5 years
2023: €94k▲ +6.2% vs 2022
2024: €100k▲ +6.1% vs 2023
2025: €94k▼ -5.8% vs 2024
Equity€1.02M-€960k▼ 5.6%€890k▼ 7.3%€857k▼ 3.8%€710k▼ 17.1%
2021: €1.02Mhighest in 5 years
2022: €960k▼ -5.6% vs 2021
2023: €890k▼ -7.3% vs 2022
2024: €857k▼ -3.8% vs 2023
2025: €710k▼ -17.1% vs 2024lowest in 5 years
Operating result€98k-€-33k€-30k▲ 10.3%€-21k▲ 28.7%€-28k▼ 28.9%
2021: €98khighest in 5 years
2022: €-33k▼ -134% vs 2021lowest in 5 years
2023: €-30k▲ +10.3% vs 2022
2024: €-21k▲ +28.7% vs 2023
2025: €-28k▼ -28.9% vs 2024
Net result€83k-€-34k€-30k▲ 13.9%€-20k▲ 31.2%€-26k▼ 27.5%
2021: €83khighest in 5 years
2022: €-34k▼ -141% vs 2021lowest in 5 years
2023: €-30k▲ +13.9% vs 2022
2024: €-20k▲ +31.2% vs 2023
2025: €-26k▼ -27.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €21k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €840k
Fixed assets
€581k ▼ 10.1%
Current assets
€259k ▲ 14.2%
Equity and liabilities €840k
Equity
€710k ▼ 17.1%
Debt
€131k ▲ 691%
Debt's share of the balance-sheet total rises from 1.9% to 15.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€38k▼
2024 · €47k
Cash flow
€39k▼
2024 · €48k
Current ratio
1.99▼
2024 · 13.75
Debt to equity
0.18▲
2024 · 0.02
ROE
-3.7%▼
2024 · -2.4%
ROA
-3.1%▼
2024 · -2.3%
Interest coverage
524.49▼
2024 · 699.64
Debt ≤ 1 year
€131k▲
2024 · €17k
Income taxes
€256▲
2024 · €241
Staff costs
€22k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€873k€840k▼
Formation expenses20€0-
Fixed assets21/28€646k€581k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€646k€581k▼
Land and buildings22€462k€423k▼
Plant, machinery and equipment23€183k€157k▼
Furniture and vehicles24€753€847▲
Current assets29/58€227k€259k▲
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€879€2k▲
Cash at bank and in hand54/58€221k€254k▲
Equity and liabilities
Total equity and liabilities10/49€873k€840k▼
Equity10/15€857k€710k▼
Reserves13€278k€158k▼
Non-distributable reserves130/1€276k€156k▼
Other1319€276k€156k▼
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€579k€552k▼
Amounts payable17/49€17k€131k▲
Amounts payable within one year42/48€17k€131k▲
Financial debts43€589€248▼
Credit institutions430/8€589€248▼
Trade debts44€360€236▼
Suppliers440/4€360€236▼
Advances received on contracts in progress46€7k€5k▼
Taxes, remuneration and social security45€231-
Taxes450/3€231-
Other amounts payable47/48€8k€125k▲
Income statement
Code20242025
Turnover70€100k€94k▼
Non-recurring operating income76A€2k€1▼
Goods, raw materials, services and sundry goods60/61€28k€29k▲
Remuneration, social security and pensions62€21k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€65k▼
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A-€0
Gross operating margin9900€76k€68k▼
Operating profit (loss)9901€-21k€-28k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€67€72▲
Recurring financial charges65€67€72▲
Profit (loss) for the period before taxes9903€-20k€-26k▼
Income taxes67/77€241€256▲
Profit (loss) for the period9904€-20k€-26k▼
Profit (loss) for the period to be appropriated9905€-20k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€580k€553k▼
Profit (loss) brought forward from the previous period14P€600k€579k▼
Transfer from equity791/2-€120k
Profit to be distributed694/7€800€121k▲
Return on contributions (dividend)694€800€121k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €195k | €89k | €94k | €100k | €94k | ▼ 5.8% |
| Non-recurring operating income76A | €24k | €0 | €427 | €2k | €1 | ▼ 99.9% |
| Goods, raw materials, services and sundry goods60/61 | €31k | €29k | €30k | €28k | €29k | ▲ 1.3% |
| Remuneration, social security and pensions62 | €17k | €19k | €20k | €21k | €22k | ▲ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68k | €68k | €68k | €68k | €65k | ▼ 4.3% |
| Other operating charges640/8 | €8k | €7k | €8k | €8k | €8k | ▲ 8.6% |
| Non-recurring operating charges66A | - | €0 | €5 | - | €0 | - |
| Gross operating margin9900 | €191k | €61k | €67k | €76k | €68k | ▼ 10.3% |
| Operating profit (loss)9901 | €98k | €-33k | €-30k | €-21k | €-28k | ▼ 28.9% |
| Financial income75/76B | - | - | €580 | €1k | €2k | ▲ 46.4% |
| Recurring financial income75 | - | - | €580 | €1k | €2k | ▲ 46.4% |
| Financial charges65/66B | €993 | €846 | €55 | €67 | €72 | ▲ 7.4% |
| Recurring financial charges65 | €993 | €846 | €55 | €67 | €72 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €97k | €-34k | €-29k | €-20k | €-26k | ▼ 27.8% |
| Income taxes67/77 | €14k | €200 | €226 | €241 | €256 | ▲ 5.8% |
| Profit (loss) for the period9904 | €83k | €-34k | €-30k | €-20k | €-26k | ▼ 27.5% |
| Profit (loss) for the period to be appropriated9905 | €83k | €-34k | €-30k | €-20k | €-26k | ▼ 27.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.11M | €994k | €948k | €873k | €840k | ▼ 3.8% |
| Formation expenses20 | - | - | - | €0 | - | - |
| Fixed assets21/28 | €849k | €782k | €714k | €646k | €581k | ▼ 10.1% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €849k | €782k | €714k | €646k | €581k | ▼ 10.1% |
| Land and buildings22 | €579k | €540k | €501k | €462k | €423k | ▼ 8.4% |
| Plant, machinery and equipment23 | €270k | €241k | €212k | €183k | €157k | ▼ 14.2% |
| Furniture and vehicles24 | €488 | €641 | €339 | €753 | €847 | ▲ 12.4% |
| Current assets29/58 | €263k | €212k | €234k | €227k | €259k | ▲ 14.2% |
| Amounts receivable within one year40/41 | €28k | €2k | €2k | €6k | €5k | ▼ 11.7% |
| Trade receivables40 | €28k | €2k | €803 | €5k | €3k | ▼ 32.7% |
| Other amounts receivable41 | - | €387 | €1k | €879 | €2k | ▲ 109% |
| Cash at bank and in hand54/58 | €235k | €210k | €233k | €221k | €254k | ▲ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.11M | €994k | €948k | €873k | €840k | ▼ 3.8% |
| Equity10/15 | €1.02M | €960k | €890k | €857k | €710k | ▼ 17.1% |
| Contributions10/11 | €12k | €12k | - | - | - | - |
| Reserves13 | €340k | €317k | €278k | €278k | €158k | ▼ 43.2% |
| Non-distributable reserves130/1 | €340k | €317k | €276k | €276k | €156k | ▼ 43.5% |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Other1319 | €338k | €315k | €276k | €276k | €156k | ▼ 43.5% |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €666k | €631k | €613k | €579k | €552k | ▼ 4.6% |
| Amounts payable17/49 | €94k | €34k | €58k | €17k | €131k | ▲ 691% |
| Amounts payable after more than one year17 | €30k | - | - | - | - | - |
| Financial debts170/4 | €30k | - | - | - | - | - |
| Amounts payable within one year42/48 | €64k | €34k | €58k | €17k | €131k | ▲ 691% |
| Current portion of amounts payable after more than one year42 | €30k | - | - | - | - | - |
| Financial debts43 | - | €88 | €147 | €589 | €248 | ▼ 57.9% |
| Credit institutions430/8 | - | €88 | €147 | €589 | €248 | ▼ 57.9% |
| Trade debts44 | €926 | €851 | €4k | €360 | €236 | ▼ 34.5% |
| Suppliers440/4 | €926 | €851 | €4k | €360 | €236 | ▼ 34.5% |
| Advances received on contracts in progress46 | €5k | €5k | €9k | €7k | €5k | ▼ 27.1% |
| Taxes, remuneration and social security45 | €20k | €557 | €282 | €231 | - | - |
| Taxes450/3 | €20k | €323 | €246 | €231 | - | - |
| Remuneration and social security454/9 | €421 | €234 | €36 | - | - | - |
| Other amounts payable47/48 | €8k | €28k | €44k | €8k | €125k | ▲ 1,384% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83k | €-34k | €-30k | €-20k | €-26k | ▼ 27.5% |
| + Depreciation and write-downs630 | €68k | €68k | €68k | €68k | €65k | ▼ 4.3% |
| Operating cash flow (approximation) | €151k | €34k | €39k | €48k | €39k | ▼ 17.9% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-804 | €-428 | ▲ 46.8% |
| Change in cash | - | €-25k | €23k | €-11k | €33k | ▲ 388% |
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 15 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 13.75
Current ratio from 4.06 to 13.75; short-term debt falls from €58k to €17k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.02M ▲8.8%
Equity rises from €936k to €1.02M.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-81k
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial
Highest result since 2018net €193k ▲388%
Operating result €303k, net result €193k, both a record.
Show earlier events
31-12
Financial
Equity above €1MEq €1.02M ▲23.3%
2 profitable years in a row build equity to €1.02M.
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 25 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Vorst · 1 establishment unit since 2011
Ground area
127 m²
Building footprint
105 m²
Volume, LiDAR
1,652 m³
Parcel 21007A0055/00V005, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Pierre Decosterstraat 95, 1190 Vorst
since 20112.198.498.565
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0055/00V005 | Brussels | 127 m² | 1 · 105 m² | 18.5 m · 5 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 10,358 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
Founded06-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.