MINDMAP
ActiveSummary
MINDMAP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,961 and a net result of €40,813. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+64
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 3.96 against 1.11 in 2024; short-term debt: 25.1% and cash: 66% of total assets), and 25.2% of the assets are financed with debt.
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Signals
Five 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 →
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
74.8%
Return on assets
63.6%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
37 d early
2023
35 d early
2022
42 d early
2021
40 d early
2020
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€47,961▲ 571%
2024 · €7,148
Total assets
€64,137▲ 2.6%
2024 · €62,494
Net result
€40,813▼ 5.5%
2024 · €43,206
Working capital
€47,594▲ 678%
2024 · €6,116
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
Operating result€5,505▼ 82.7%€10,800▲ 96.2%€49,682▲ 360%€54,936▲ 10.6%€51,760▼ 5.8%
Net result€4,854▼ 81.1%€8,840▲ 82.1%€38,941▲ 341%€43,206▲ 11.0%€40,813▼ 5.5%
Equity€34,004▲ 16.6%€42,844▲ 26.0%€3,942▼ 90.8%€7,148▲ 81.3%€47,961▲ 571%
Total assets€52,373▲ 12.6%€58,423▲ 11.6%€62,261▲ 6.6%€62,494▲ 0.4%€64,137▲ 2.6%
Debt€18,369▲ 5.8%€15,580▼ 15.2%€58,319▲ 274%€55,346▼ 5.1%€16,176▼ 70.8%
Working capital€32,353▲ 19.7%€41,682▲ 28.8%€1,899▼ 95.4%€6,116▲ 222%€47,594▲ 678%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,137
Fixed assets
€451 ▼ 59.4%
Current assets
€63,686 ▲ 3.8%
Equity and liabilities €64,137
Equity
€47,961 ▲ 571%
Debt
€16,176 ▼ 70.8%
Debt's share of the balance-sheet total falls from 88.6% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,553▼
2024 · €55,944
Cash flow
€41,606▼
2024 · €44,214
Current ratio
3.96▲
2024 · 1.11
Debt to equity
0.34▼
2024 · 7.74
ROE
85.1%▼
2024 · 604.4%
ROA
63.6%▼
2024 · 69.1%
Interest coverage
183.25▼
2024 · 222.71
Debt ≤ 1 year
€16,092▼
2024 · €55,267
Income taxes
€10,902▼
2024 · €11,770
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,009 | €1,316 | €1,025 | €1,008 | €794 | ▼ 21.3% |
| Other operating charges640/8 | - | - | - | €62 | €51 | ▼ 18.2% |
| Gross operating margin9900 | €6,514 | €12,116 | €50,707 | €56,006 | €52,604 | ▼ 6.1% |
| Operating profit (loss)9901 | €5,505 | €10,800 | €49,682 | €54,936 | €51,760 | ▼ 5.8% |
| Financial income75/76B | €632 | €632 | €294 | €292 | €242 | ▼ 17.1% |
| Recurring financial income75 | €632 | €632 | €294 | €292 | €242 | ▼ 17.1% |
| Financial charges65/66B | €99 | €415 | €258 | €251 | €287 | ▲ 14.2% |
| Recurring financial charges65 | €99 | €415 | €258 | €251 | €287 | ▲ 14.2% |
| Profit (loss) for the period before taxes9903 | €6,038 | €11,017 | €49,718 | €54,976 | €51,715 | ▼ 5.9% |
| Income taxes67/77 | €1,184 | €2,177 | €10,777 | €11,770 | €10,902 | ▼ 7.4% |
| Profit (loss) for the period9904 | €4,854 | €8,840 | €38,941 | €43,206 | €40,813 | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €4,854 | €8,840 | €38,941 | €43,206 | €40,813 | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,373 | €58,423 | €62,261 | €62,494 | €64,137 | ▲ 2.6% |
| Fixed assets21/28 | €1,840 | €1,585 | €2,118 | €1,110 | €451 | ▼ 59.4% |
| Tangible fixed assets22/27 | €1,840 | €1,585 | €2,118 | €1,110 | €451 | ▼ 59.4% |
| Furniture and vehicles24 | €1,840 | €1,585 | €2,118 | €1,110 | €451 | ▼ 59.4% |
| Current assets29/58 | €50,532 | €56,839 | €60,143 | €61,384 | €63,686 | ▲ 3.8% |
| Amounts receivable after more than one year29 | €33,000 | €31,000 | €14,583 | €14,583 | €9,583 | ▼ 34.3% |
| Other amounts receivable291 | €33,000 | €31,000 | €14,583 | €14,583 | €9,583 | ▼ 34.3% |
| Amounts receivable within one year40/41 | €6,764 | €7,700 | €9,998 | €10,469 | €11,770 | ▲ 12.4% |
| Trade receivables40 | €6,764 | €7,696 | €9,970 | €10,409 | €10,672 | ▲ 2.5% |
| Other amounts receivable41 | - | €4 | €28 | €60 | €1,098 | ▲ 1,723% |
| Cash at bank and in hand54/58 | €10,769 | €18,139 | €35,562 | €36,331 | €42,333 | ▲ 16.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,373 | €58,423 | €62,261 | €62,494 | €64,137 | ▲ 2.6% |
| Equity10/15 | €34,004 | €42,844 | €3,942 | €7,148 | €47,961 | ▲ 571% |
| Contributions10/11 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €30,504 | €39,344 | €442 | €3,648 | €44,461 | ▲ 1,119% |
| Amounts payable17/49 | €18,369 | €15,580 | €58,319 | €55,346 | €16,176 | ▼ 70.8% |
| Amounts payable within one year42/48 | €18,180 | €15,157 | €58,244 | €55,267 | €16,092 | ▼ 70.9% |
| Financial debts43 | - | €9 | €8 | €24 | €8 | ▼ 66.6% |
| Credit institutions430/8 | - | €9 | €8 | €24 | €8 | ▼ 66.6% |
| Trade debts44 | €13 | €617 | €91 | - | €8 | - |
| Suppliers440/4 | €13 | €617 | €91 | - | €8 | - |
| Taxes, remuneration and social security45 | €15,755 | €9,977 | €23,437 | €14,902 | €15,467 | ▲ 3.8% |
| Taxes450/3 | €15,755 | €9,977 | €20,937 | €12,259 | €12,294 | ▲ 0.3% |
| Remuneration and social security454/9 | - | - | €2,500 | €2,643 | €3,173 | ▲ 20.1% |
| Other amounts payable47/48 | €2,411 | €4,555 | €34,708 | €40,341 | €609 | ▼ 98.5% |
| Accrued charges and deferred income492/3 | €189 | €423 | €75 | €79 | €84 | ▲ 6.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,854 | €8,840 | €38,941 | €43,206 | €40,813 | ▼ 5.5% |
| + Depreciation and write-downs630 | €1,009 | €1,316 | €1,025 | €1,008 | €794 | ▼ 21.3% |
| Operating cash flow (approximation) | €5,862 | €10,156 | €39,966 | €44,214 | €41,606 | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | -€1,060 | -€1,558 | €0 | -€134 | - |
| Change in cash | - | €7,370 | €17,423 | €769 | €6,002 | ▲ 680% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 3.96
Current ratio from 1.11 to 3.96; short-term debt falls from €55,267 to €16,092.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €43,206 ▲11%
Operating result €54,936, net result €43,206, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €4,854 ▼81.1%
Net result drops to €4,854, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2020
Ground area
232 m²
Building footprint
61 m²
Volume, LiDAR
633 m³
Parcel 21674C0223/00Z009, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Mindmap
since 20202.297.798.257
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0223/00Z009 | Brussels | 232 m² | 1 · 61 m² | 12.5 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.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,798 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
Founded08-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.