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MINDRIGHTS

Active
Private limited companyfounded 2025active for 1 yearLammeke 3, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 1018.661.237
Summary

MINDRIGHTS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,292 and a net result of €23,792. Its solvency ranks better than 76% of 4,339 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 13-01-2025 Normal situation
Activity
Other professional, scientific and technical activities NACE 74999and 4 others
Establishment unit
2.369.218.268 9090 Merelbeke-Melle, since 13-01-2025
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€30,209
Turnover
≈ €120,000
estimated
Profit
€23,792
Equity
€26,292
Total assets
€35,106
Filed on 31-07-2026, on time
Score breakdownraises riskSize: total assets €35,106Founded in 2025lowers riskLiquidity: current ratio 3.93, cash €24,796Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in other professional activities (NACE 74)
Financial strength
Strong
Solvency 100
equity 74.9% of total assets
Liquidity 91
short-term debt 25.1% · cash 70.6%
Profitability 100
return on assets 67.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,430 companies, NACE 74, micro)
Last 24 months 02-2026: 0.5% 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.6 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.93, above the usual 1.5. Short-term debt is 25.1% and cash 70.6% of total assets. 25.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 77% of them on solvency, 84% on liquidity and 88% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.93, cash €24,796
NBB · annual accounts
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Size: total assets €35,106
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-07-2026 at the NBB

Turnover
≈ €120,000
Estimated: probably between €73,000 and €220,000
Total assets
€35,106
Net result
€23,792
Working capital
€25,845

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €35,106
Fixed assets €447
Current assets €34,659
Equity and liabilities €35,106
Equity €26,292
Debt €8,815
Debt's share of the balance-sheet total is 25.1%.
Key figures and ratios
2025 value
EBITDA
€30,209
Cash flow
€24,004
Current ratio
3.93
Debt to equity
0.34
ROE
90.5%
ROA
67.8%
Interest coverage
over 100
Debt ≤ 1 year
€8,815
Income taxes
€6,035

Investments

fixed assets acquired
Item2025
Tangible fixed assets€660
Depreciation and write-downs of the year€213

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as MINDRIGHTS: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €32,000 and €42,700, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
MINDRIGHTS Merelbeke-Melle2025€35,106€26,292€30,209€23,7922025
EPL Consult Sint-Lambrechts-Woluwe2024€36,307€19,808€34,641€24,8512025
Timulis Group Evergem2024€40,223€23,283€22,554€14,6952025
Demko Holding Stabroek2024€41,905€27,623€31,170€24,6232025
BCB EXPERT Jette2024€38,301€23,625€33,651€21,6252025
MUDIR GROUP Leuven2024€42,747€28,883€31,146€16,5082025
PEBBRU Brussel2024€32,039€17,125€27,105€17,0252025

They were chosen from the 2,006 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as MINDRIGHTS has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of MINDRIGHTS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for MINDRIGHTS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€35,106
Fixed assets21/28€447
Tangible fixed assets22/27€447
Plant, machinery and equipment23€447
Current assets29/58€34,659
Amounts receivable within one year40/41€9,863
Trade receivables40€9,863
Cash at bank and in hand54/58€24,796
Equity and liabilities
Total equity and liabilities10/49€35,106
Equity10/15€26,292
Contributions10/11€2,500
Reserves13€23,000
Distributable reserves133€23,000
Profit (loss) carried forward14€792
Amounts payable17/49€8,815
Amounts payable within one year42/48€8,815
Trade debts44€1,769
Suppliers440/4€1,769
Taxes, remuneration and social security45€7,046
Taxes450/3€7,046
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213
Gross operating margin9900€30,209
Operating profit (loss)9901€29,996
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€169
Recurring financial charges65€169
Profit (loss) for the period before taxes9903€29,827
Income taxes67/77€6,035
Profit (loss) for the period9904€23,792
Profit (loss) for the period to be appropriated9905€23,792
Appropriation of the result
Profit (loss) to be appropriated9906€23,792
Transfer to equity691/2€23,000
To other reserves6921€23,000

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213
Gross operating margin9900€30,209
Operating profit (loss)9901€29,996
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€169
Recurring financial charges65€169
Profit (loss) for the period before taxes9903€29,827
Income taxes67/77€6,035
Profit (loss) for the period9904€23,792
Profit (loss) for the period to be appropriated9905€23,792
Line2025
Assets
Total assets20/58€35,106
Fixed assets21/28€447
Tangible fixed assets22/27€447
Plant, machinery and equipment23€447
Current assets29/58€34,659
Amounts receivable within one year40/41€9,863
Trade receivables40€9,863
Cash at bank and in hand54/58€24,796
Equity and liabilities
Total equity and liabilities10/49€35,106
Equity10/15€26,292
Contributions10/11€2,500
Reserves13€23,000
Distributable reserves133€23,000
Profit (loss) carried forward14€792
Amounts payable17/49€8,815
Amounts payable within one year42/48€8,815
Trade debts44€1,769
Suppliers440/4€1,769
Taxes, remuneration and social security45€7,046
Taxes450/3€7,046
Line2025
Profit (loss) for the period9904€23,792
+ Depreciation and write-downs630€213
Operating cash flow (approximation)€24,004

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00363031 NBB

Board & ownership

Directors

Directors
1 director, no change since 2025
DE VRIEZE An
Director (not named in the articles) · appointed in the act of 15-01-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-07-2026
Current

Owners and capital

Shareholders

At incorporation act of 15-01-2025 ↗

Capital transactions

Capital over time
  1. 15-01-2025 Incorporation · €2,500 · 250 shares

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, met of zonder beperking van duur”
“Algemene vergadering beslist of mandaat al dan niet ten kosteloze titel, bij bezoldigd mandaat bepaalt algemene vergadering met gewone…”

Capital, shares and profit

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid;zelfde bij weigering erfgenaam/legataris, elke overdracht…”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 15-01-2025 (in Dutch)

Network & group

MINDRIGHTS shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of MINDRIGHTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
31-07
NBB filing Annual accounts 2025 filedNBB
micro format · on the deadline day
2025
15-01
Gazette deed Incorporation
Starting capital €2,500 · Appointment: DE VRIEZE An (director) · Founder8 points ▸
  • Incorporation, “MINDRIGHTS” (deed in Dutch)
  • Founder, DE VRIEZE An
  • Founding capital, €2,500
  • Bank account, 2500, EUR
  • Registered office clause, “Lammeke 3”, 9090 (deed in Dutch)
  • Board rule, 1, “oprichter” (deed in Dutch)
  • Director appointment, DE VRIEZE An (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name MINDRIGHTS in Dutch
Enterprise number 1018.661.237
Legal form Private limited company
Status Active, normale toestand
Founded 13-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-01-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…”
deed of 15-01-2025 (in Dutch)

Registered office and establishments

Registered office Lammeke 3, 9090 Merelbeke-Melle, Belgium
Establishment unit MINDRIGHTS, Lammeke 3, 9090 Merelbeke-Melle since 13-01-2025 · unit number 2.369.218.268

Activities

NACEBEL 2025
74999 Other professional, scientific and technical activities main activity
63920 Other information service activities
70200 Business and other management consultancy
82100 Office administrative and support services
82990 Other business support services

Invoicing and payment

VAT number BE 1018.661.237
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1018661237
Registered 27-03-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
580 m²
Building footprint
117 m²
Building volume
603 m³
Cadastral parcel Region Area Buildings Height / floors
44040C0243/00F000 Flanders 580 m² 1 · 116 m² 7.6 m · 2