Equity
Equity fell by 89% in 4 years.
Equity fell by 89% in 4 years.
The micro format states no turnover.
Green is investment, beige is depreciation.
The last five annual accounts were filed 1 to 130 days before the end of the period.
Lower solvency than 84% of companies in head offices and management consultancy. Sector median 55.5% · 41,228 companies.
In July 2024, 2,154 companies had the same profile as MindMover has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,154 companies, not a prediction for MindMover. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MindMover Asse | €217,278 | €63,381 | 8.6% | - |
| Steven Plehier Begijnendijk | €218,899 | €65,026 | 75.6% | - |
| AKILES MANAGEMENT Sint-Genesius-Rode | €226,493 | €59,514 | 26.5% | - |
| CALLEBAUT COLLECTIVE Zaventem | €224,329 | €60,556 | 53.4% | - |
| General Services : Administration & Other Sint-Genesius-Rode | €213,786 | €66,760 | 99.6% | - |
| XTRA SALES AGENCY Dilbeek | €243,409 | €65,925 | 8.3% | - |
| CENTAUR Construct Halle | €248,080 | €65,021 | 81.4% | - |
These companies have the same main activity as MindMover: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €214,000 and €248,000, founded between 2018 and 2019.
MindMover files the micro format. That format states no turnover. The gross margin fell from €66,573 in 2019 to €63,381 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €97,000 and €160,000.
Higher than 16% of 41,228 companies in 2025.
Higher than 27% of 39,797 companies in 2025.
Higher than 62% of 40,318 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
217,278 | 200,296 | 183,996 | 176,100 | 199,444 | 117,915 | 86,067 | |
21/28 |
6,671 | 5,757 | 5,393 | 8,081 | 10,625 | 15,185 | 15,418 | |
22/27 |
6,671 | 5,757 | 5,393 | 8,081 | 10,625 | 15,185 | 15,418 | |
23 |
3,799 | - | - | - | - | - | - | |
24 |
2,872 | 5,757 | 5,393 | 8,081 | 10,625 | 15,185 | 15,418 | |
29/58 |
210,607 | 194,539 | 178,602 | 168,020 | 188,819 | 102,729 | 70,649 | |
40/41 |
16,330 | 15,241 | 18,065 | 15,881 | 9,454 | 16,624 | - | |
40 |
16,330 | 11,600 | 16,871 | 15,881 | 9,454 | 16,624 | - | |
41 |
0 | 3,641 | 1,194 | - | - | - | - | |
50/53 |
0 | 50,000 | - | - | - | - | - | |
54/58 |
189,186 | 126,439 | 154,766 | 152,135 | 173,569 | 86,011 | 69,738 | |
490/1 |
5,092 | 2,859 | 5,771 | 3 | 5,796 | 94 | 911 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
217,278 | 200,296 | 183,996 | 176,100 | 199,444 | 117,915 | 86,067 | |
10/15 |
18,600 | 83,760 | 162,724 | 147,251 | 172,091 | 86,021 | 54,120 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | - | |
11 |
- | - | - | - | - | - | 6,200 | |
1100/10 |
- | - | - | - | - | - | 6,200 | |
13 |
0 | 4,124 | 144,124 | 128,651 | 153,491 | 79,821 | 47,920 | |
133 |
0 | 4,124 | 144,124 | 128,651 | 153,491 | 79,821 | 47,920 | |
14 |
0 | 61,036 | 0 | 0 | - | - | - | |
17/49 |
198,678 | 116,536 | 21,272 | 28,849 | 27,352 | 31,894 | 31,948 | |
17 |
- | - | - | - | - | 5,111 | 10,161 | |
170/4 |
- | - | - | - | - | 5,111 | 10,161 | |
42/48 |
198,678 | 116,536 | 21,272 | 28,387 | 27,066 | 26,783 | 21,787 | |
42 |
- | - | - | - | - | 5,051 | 4,991 | |
44 |
5,181 | 3,136 | 3,018 | 982 | 176 | 1,494 | 2,363 | |
440/4 |
5,181 | 3,136 | 3,018 | 982 | 176 | 1,494 | 2,363 | |
45 |
6,192 | 7,964 | 11,890 | 21,477 | 21,638 | 16,928 | 7,564 | |
450/3 |
6,192 | 7,964 | 11,890 | 21,477 | 21,638 | 16,928 | 7,564 | |
47/48 |
187,305 | 105,436 | 6,363 | 5,928 | 5,251 | 3,311 | 6,868 | |
492/3 |
- | - | 0 | 462 | 287 | - | - | |
| Income statement | ||||||||
9900 |
63,381 | 80,010 | 86,596 | 85,894 | 95,839 | 46,889 | 66,573 | |
630 |
2,732 | 2,793 | 2,687 | 3,166 | 2,394 | 6,096 | 5,246 | |
640/8 |
613 | 454 | 537 | 719 | 261 | 618 | - | |
66A |
272 | - | - | - | - | - | - | |
9901 |
59,763 | 76,764 | 83,371 | 82,009 | 93,184 | 40,175 | 61,327 | |
75/76B |
1,098 | 832 | 1 | 0 | 66 | - | 4 | |
75 |
1,098 | 832 | 1 | 0 | 66 | - | 4 | |
65/66B |
706 | 393 | 593 | 782 | 742 | 425 | 82 | |
65 |
706 | 393 | 593 | 782 | 742 | 425 | 82 | |
9903 |
60,155 | 77,203 | 82,779 | 81,227 | 92,509 | 39,750 | 61,249 | |
67/77 |
12,704 | 16,167 | 17,306 | 17,096 | 18,838 | 7,849 | 13,330 | |
9904 |
47,451 | 61,036 | 65,473 | 64,131 | 73,671 | 31,901 | 47,920 | |
9905 |
47,451 | 61,036 | 65,473 | 64,131 | 73,671 | 31,901 | 47,920 | |
| Appropriation of the result | ||||||||
9906 |
108,487 | 61,036 | 65,473 | 64,131 | 73,671 | 31,901 | 47,920 | |
14P |
61,036 | - | - | - | - | - | - | |
791/2 |
4,124 | 140,000 | 50,000 | 88,971 | - | - | - | |
691/2 |
- | 0 | 65,473 | 64,131 | 73,671 | 31,901 | 47,920 | |
6921 |
- | 0 | 65,473 | 64,131 | 73,671 | 31,901 | 47,920 | |
694/7 |
112,611 | 140,000 | 50,000 | 88,971 | - | - | - | |
694 |
112,611 | 140,000 | 50,000 | 88,971 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-03-2026 | 2026-00065106 | |
| 31-12-2024 | micro format | 05-05-2025 | 2025-00089799 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00207465 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00237588 | |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20251896 | |
| 31-12-2020 | micro format | 24-07-2021 | 2021-39400100 | |
| 31-12-2019 | micro format | 13-07-2020 | 2020-28800144 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €510 | €510 |
| 2022 | 1 | €885 | €885 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 62,495 | 79,556 | 86,059 | 85,175 | 95,578 | 46,271 | 66,573 | ||
| 50,183 | 63,828 | 68,160 | 67,297 | 76,065 | 37,997 | 53,165 | ||
| 12,199 | 3,156 | 0 | 622 | 7,687 | 5,863 | 20,664 | ||
| 62,746 | -28,327 | 2,631 | -21,434 | 87,558 | 16,273 | - | ||
| 11,929 | 78,003 | 157,331 | 139,633 | 161,754 | 75,946 | 48,863 | ||
| 8.6% | 41.8% | 88.4% | 83.6% | 86.3% | 73.0% | 62.9% | ||
| 1.06 | 1.67 | 8.40 | 5.92 | 6.98 | 3.84 | 3.24 | ||
| 10.68 | 1.39 | 0.13 | 0.20 | 0.16 | 0.37 | 0.59 | ||
| 255.1% | 72.9% | 40.2% | 43.6% | 42.8% | 37.1% | 88.5% | ||
| 21.8% | 30.5% | 35.6% | 36.4% | 36.9% | 27.1% | 55.7% | ||
| 88.47 | over 100 | over 100 | over 100 | over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,199 | €3,156 | - | €622 | €7,687 |
| €2,732 | €2,793 | €2,687 | €3,166 | €2,394 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 22% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 58.2% to 91.4%. Equity is lower and debt is higher.
MindMover has no parent and no holdings in its annual accounts. is the only director. MindMover shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Windmolen 4 registered office 1731 Asse | 17-01-2019 | 2.284.376.922 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23095B0040/00W000 | 478 m² | 1 · 123 m² | 6.8 m · 2 |
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