MINDS AT WORK
ActiveMINDS AT WORK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €504k and a net result of €88k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+25
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 10.61 against 64.31 in 2023), and 9.5% 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+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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
90.5%
Return on assets
15.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
2 d early
2022
7 d early
2021
30 d early
2020
16 d late
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€504k▲ 6.6%
2023 · €473k
2018: €391k
2019: €432k
2020: €468k
2021: €482k
2022: €466k
2023: €473k
2018 → 2024
Total assets
€557k▲ 15.8%
2023 · €481k
2018: €398k
2019: €440k
2020: €473k
2021: €487k
2022: €477k
2023: €481k
2018 → 2024
Net result
€88k▲ 47.9%
2023 · €60k
2018: €58k
2019: €41k
2020: €36k
2021: €50k
2022: €51k
2023: €60k
2018 → 2024
Working capital
€498k▲ 8.2%
2023 · €461k
2018: €361k
2019: €410k
2020: €427k
2021: €456k
2022: €449k
2023: €461k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€468k-€482k▲ 3.0%€466k▼ 3.3%€473k▲ 1.4%€504k▲ 6.6%
Operating result€47k-€67k▲ 41.3%€68k▲ 2.4%€83k▲ 21.6%€123k▲ 48.7%
Net result€36k-€50k▲ 37.7%€51k▲ 2.9%€60k▲ 17.0%€88k▲ 47.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 49% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €557k
Fixed assets
€7k▼ 48.5%
Current assets
€550k▲ 17.6%
Equity and liabilities €557k
Equity
€504k▲ 6.6%
Debt
€53k▲ 552%
The debt ratio rises from 1.7% to 9.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€130k▲
2023 · €94k
Cash flow
€95k▲
2023 · €70k
Solvency
90.5%▼
2023 · 98.3%
Current ratio
10.61▼
2023 · 64.31
Quick ratio
10.61▼
2023 · 64.31
Debt / equity
0.10▲
2023 · 0.02
ROE
17.5%▲
2023 · 12.6%
ROA
15.9%▲
2023 · 12.4%
Interest coverage
489.43▲
2023 · 393.67
Debt
€53k▲
2023 · €8k
Debt ≤ 1 year
€52k▲
2023 · €7k
Income taxes
€36k▲
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€481k€557k▲
Fixed assets21/28€13k€7k▼
Tangible fixed assets22/27€13k€7k▼
Furniture and vehicles24€9k€4k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€468k€550k▲
Amounts receivable within one year40/41€39k€86k▲
Trade receivables40€14k€66k▲
Other amounts receivable41€25k€20k▼
Current investments50/53€250k€250k=
Cash at bank and in hand54/58€165k€200k▲
Deferred charges and accrued income490/1€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€481k€557k▲
Equity10/15€473k€504k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€296k€327k▲
Distributable reserves133€296k€327k▲
Profit (loss) carried forward14€159k€159k=
Amounts payable17/49€8k€53k▲
Amounts payable within one year42/48€7k€52k▲
Trade debts44€1k€24k▲
Suppliers440/4€1k€24k▲
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€6k€8k▲
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3€800€800=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€6k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€95k€131k▲
Operating profit (loss)9901€83k€123k▲
Financial income75/76B€519€953▲
Recurring financial income75€519€953▲
Financial charges65/66B€238€265▲
Recurring financial charges65€238€265▲
Profit (loss) for the period before taxes9903€83k€124k▲
Income taxes67/77€24k€36k▲
Profit (loss) for the period9904€60k€88k▲
Profit (loss) for the period to be appropriated9905€60k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€218k€247k▲
Profit (loss) brought forward from the previous period14P€159k€159k=
Transfer from equity791/2€53k€57k▲
Transfer to equity691/2€60k€88k▲
To other reserves6921€60k€88k▲
Profit to be distributed694/7€53k€57k▲
Return on contributions (dividend)694€53k€57k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €88k ▲47.9%
Operating result €123k, net result €88k, both a record.
31-12
Financial
Equity above €500kEq €504k ▲6.6%
7 profitable years in a row build equity to €504k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Weakest financial yearnet €36k ▼11.3%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Perwez · 1 establishment unit since 2011
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.
Rue de la Garenne 151360 PerwezGround area
748 m²
Building footprint
147 m²
Volume, LiDAR
950 m³
Parcel 25060A0149/00M000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MINDS AT WORK
since 20112.200.351.661
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25060A0149/00M000 | Wallonia | 748 m² | 1 · 147 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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RRH CONSULT
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QAtive
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ERIC LESKENS CONSULTING EN MANAGEMENT
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 34,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.