MINDMED
ActiveMINDMED has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €686k and a net result of €79k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 16511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 10.86 against 5.49 in 2024; short-term debt: 5.1% and cash: 40.4% of total assets), and 5.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 86
Relative position
BE, all sectors
reference
Sector 86
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
94.9%
Return on assets
10.9%
Age of the figures
9 mo
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
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
2 d early
2022
51 d late
2021
67 d late
2020
135 d late
2019
70 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€686k▲ 13.0%
2024 · €607k
2018: €325k
2019: €346k
2020: €444k
2021: €507k
2022: €460k
2023: €616k
2024: €607k
2018 → 2025
Total assets
€723k▲ 9.1%
2024 · €663k
2018: €365k
2019: €360k
2020: €609k
2021: €634k
2022: €550k
2023: €705k
2024: €663k
2018 → 2025
Net result
€79k▼ 42.2%
2024 · €137k
2018: €34k
2019: €22k
2020: €98k
2021: €63k
2022: €106k
2023: €156k
2024: €137k
2018 → 2025
Working capital
€362k▲ 45.2%
2024 · €250k
2018: €293k
2019: €325k
2020: €328k
2021: €353k
2022: €253k
2023: €231k
2024: €250k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€507k-€460k▼ 9.3%€616k▲ 33.8%€607k▼ 1.4%€686k▲ 13.0%
Operating result€98k-€144k▲ 46.7%€216k▲ 50.0%€191k▼ 11.9%€111k▼ 41.5%
Net result€63k-€106k▲ 67.0%€156k▲ 47.4%€137k▼ 12.1%€79k▼ 42.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €723k
Fixed assets
€324k▼ 9.4%
Current assets
€399k▲ 30.8%
Equity and liabilities €723k
Equity
€686k▲ 13.0%
Debt
€37k▼ 33.9%
The debt ratio falls from 8.4% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€151k▼
2024 · €231k
Cash flow
€119k▼
2024 · €177k
Solvency
94.9%▲
2024 · 91.6%
Current ratio
10.86▲
2024 · 5.49
Quick ratio
10.86▲
2024 · 5.49
Debt / equity
0.05▼
2024 · 0.09
ROE
11.5%▼
2024 · 22.5%
ROA
10.9%▼
2024 · 20.6%
Interest coverage
613.15▲
2024 · 465.91
Debt
€37k▼
2024 · €56k
Debt ≤ 1 year
€37k▼
2024 · €56k
Income taxes
€32k▼
2024 · €60k
Staff costs
€3k▼
2024 · €4k
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€663k€723k▲
Fixed assets21/28€357k€324k▼
Tangible fixed assets22/27€357k€324k▼
Land and buildings22€180k€166k▼
Plant, machinery and equipment23€696€0▼
Furniture and vehicles24€6k€6k▲
Other tangible fixed assets26€171k€151k▼
Current assets29/58€305k€399k▲
Amounts receivable within one year40/41€17k€31k▲
Other amounts receivable41€17k€31k▲
Cash at bank and in hand54/58€133k€292k▲
Deferred charges and accrued income490/1€155k€76k▼
Equity and liabilities
Total equity and liabilities10/49€663k€723k▲
Equity10/15€607k€686k▲
Contributions10/11€6k€6k=
Reserves13€601k€680k▲
Distributable reserves133€601k€680k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€56k€37k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€56k€37k▼
Current portion of amounts payable after more than one year42€13k€0▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€14k€12k▼
Taxes450/3€14k€8k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€23k€21k▼
Accrued charges and deferred income492/3€40€0▼
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€4k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€239k€158k▼
Operating profit (loss)9901€191k€111k▼
Financial income75/76B€6k€109▼
Recurring financial income75€6k€109▼
Financial charges65/66B€495€247▼
Recurring financial charges65€495€247▼
Profit (loss) for the period before taxes9903€196k€111k▼
Income taxes67/77€60k€32k▼
Profit (loss) for the period9904€137k€79k▼
Profit (loss) for the period to be appropriated9905€137k€79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€79k▼
Transfer from equity791/2€145k€0▼
Transfer to equity691/2€137k€79k▼
To other reserves6921€137k€79k▼
Profit to be distributed694/7€145k€0▼
Return on contributions (dividend)694€145k€0▼
The notes to these accounts (10 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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €156k ▲47.4%
Operating result €216k, net result €156k, both a record.
31-12
Financial
Equity above €500kEq €616k ▲33.8%
6 profitable years in a row build equity to €616k.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
31-12
Financial
Equity above €500kEq €507k ▲14.2%
4 profitable years in a row build equity to €507k.
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 135 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Weakest financial yearnet €22k ▼36.8%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 25.79
Current ratio from 8.30 to 25.79; short-term debt falls from €40k to €13k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
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, Beernem · 1 establishment unit since 2008
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.
Mexicostraat 4A8730 BeernemGround area
1.0 ha
Building footprint
593 m²
Volume, LiDAR
2,838 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mexicostraat 4, 8730 Beernem
since 20082.201.608.604
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003B0342/00G000 | Flanders | 6,838 m² | 1 · 311 m² | 9.2 m · 2 fl. |
| 31003B0341/00L000 | Flanders | 3,530 m² | 1 · 282 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,524 companies in sector 86931 we hold annual accounts for 550. 193 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2008
Fiscal year end31-12
Activities, NACEBEL
86904Human health activities
86931Psychology services
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.