MindsAhead (0660.805.570): financials and annual accounts

MindsAhead

Antwerp ·KBO/BCE: BE 0660.805.570

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	37,758	24,924	73,181	61,280	47,001	38,033	47,065	43,388	49,164
Formation expenses`20`	-	-	-	-	-	-	0	0	0
Fixed assets`21/28`	-	0	15,500	15,500	15,500	15,500	15,500	15,986	16,820
Intangible fixed assets`21`	-	-	-	-	-	-	0	0	0
Tangible fixed assets`22/27`	-	-	-	-	-	-	-	486	1,320
Land and buildings`22`	-	-	-	-	-	-	0	0	0
Plant, machinery and equipment`23`	-	-	-	-	-	-	0	0	0
Furniture and vehicles`24`	-	-	-	-	-	-	0	486	1,320
Other tangible fixed assets`26`	-	-	-	-	-	-	0	0	0
Assets under construction and advance payments`27`	-	-	-	-	-	-	0	0	0
Financial fixed assets`28`	-	0	15,500	15,500	15,500	15,500	15,500	15,500	15,500
Current assets`29/58`	37,758	24,924	57,681	45,780	31,501	22,533	31,565	27,401	32,345
Trade receivables`290`	-	-	-	-	-	-	0	0	0
Other amounts receivable`291`	-	-	-	-	-	-	0	0	0
Stocks and contracts in progress`3`	-	-	-	-	-	-	0	0	0
Stocks`30/36`	-	-	-	-	-	-	0	0	0
Contracts in progress`37`	-	-	-	-	-	-	0	0	0
Amounts receivable within one year`40/41`	12,811	5,835	4,794	3,986	3,550	3,237	3,808	4,379	20,984
Trade receivables`40`	6,928	3,464	3,279	2,976	2,455	2,455	2,455	2,455	7,428
Other amounts receivable`41`	5,883	2,371	1,515	1,010	1,095	782	1,353	1,924	13,556
Current investments`50/53`	-	-	-	-	-	-	0	0	0
Cash at bank and in hand`54/58`	24,948	19,090	52,886	41,793	27,951	19,296	27,757	23,022	11,360
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	0	0	0
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	37,758	24,924	73,181	61,280	47,001	38,033	47,065	43,388	49,164
Equity`10/15`	36,569	24,760	68,339	54,655	42,453	36,618	34,533	32,797	16,462
Contributions`10/11`	24,690	24,690	8,230	8,230	8,230	8,230	8,230	8,230	6,200
Issued capital`100`	-	-	-	-	-	0	24,690	24,690	18,600
Uncalled capital`101`	-	-	-	-	-	0	16,460	16,460	12,400
Contributions outside capital`11`	-	-	8,230	8,230	8,230	8,230	0	0	0
Share premium`1100/10`	-	-	-	-	-	-	0	0	0
Other`1109/19`	-	-	8,230	8,230	8,230	8,230	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	0	0	0
Reserves`13`	11,879	70	60,109	46,425	34,223	28,388	26,303	24,567	10,262
Non-distributable reserves`130/1`	-	0	2,469	2,469	2,469	2,469	-	-	-
Legal reserve`130`	-	-	-	-	-	0	2,469	2,469	1,860
Reserves not available under the articles`1311`	-	0	2,469	2,469	2,469	2,469	-	-	-
Own shares acquired`1312`	-	-	-	-	-	-	0	0	0
Other`1319`	-	-	-	-	-	-	0	0	0
Tax-exempt reserves`132`	-	-	-	-	-	-	0	0	0
Distributable reserves`133`	11,879	70	57,640	43,956	31,754	25,919	23,834	22,098	8,402
Profit (loss) carried forward`14`	0	0	-	-	-	-	0	0	0
Investment grants`15`	-	-	-	-	-	-	0	0	0
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	0	0	0
Pensions and similar obligations`160`	-	-	-	-	-	-	0	0	0
Taxes`161`	-	-	-	-	-	-	0	0	0
Major repairs and maintenance`162`	-	-	-	-	-	-	0	0	0
Environmental obligations`163`	-	-	-	-	-	-	0	0	0
Other liabilities and charges`164/5`	-	-	-	-	-	-	0	0	0
Deferred taxes`168`	-	-	-	-	-	-	0	0	0
Amounts payable`17/49`	1,189	164	4,841	6,625	4,547	1,415	12,532	10,590	32,703
Trade debts`175`	-	-	-	-	-	-	0	0	0
Advances received on contracts in progress`176`	-	-	-	-	-	-	0	0	0
Other amounts payable`178/9`	-	-	-	-	-	-	0	0	0
Amounts payable within one year`42/48`	1,189	164	4,841	6,625	4,547	1,415	7,197	5,256	32,703
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	0	0	0
Credit institutions`430/8`	-	-	-	-	-	-	0	0	0
Other loans`439`	-	-	-	-	-	-	0	0	0
Trade debts`44`	514	0	4,392	43	1,815	365	3,088	1,580	26,481
Suppliers`440/4`	514	0	4,392	43	1,815	365	3,088	1,580	26,481
Bills of exchange payable`441`	-	-	-	-	-	-	0	0	0
Advances received on contracts in progress`46`	-	-	-	-	-	-	0	0	0
Taxes, remuneration and social security`45`	636	125	438	6,571	2,721	1,039	4,098	3,664	5,411
Taxes`450/3`	636	125	438	6,571	2,721	1,039	4,098	3,664	5,411
Remuneration and social security`454/9`	-	-	-	-	-	-	0	0	0
Other amounts payable`47/48`	39	39	11	11	11	11	11	11	811
Accrued charges and deferred income`492/3`	-	-	-	-	-	0	5,335	5,335	0
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	0
Non-recurring operating income`76A`	-	-	-	-	-	-	0	0	0
Gross operating margin`9900`	18,057	12,833	19,045	17,342	8,594	3,338	3,545	19,438	17,917
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	0
Remuneration, social security and pensions`62`	-	-	-	-	-	-	0	0	0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	-	0	486	833	1,180
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	0	0	0
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	0	0	0
Other operating charges`640/8`	520	505	493	512	449	448	693	444	835
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	0	0	0
Non-recurring operating charges`66A`	-	-	-	-	-	-	0	0	0
Operating profit (loss)`9901`	17,538	12,328	18,552	16,830	8,145	2,890	2,366	18,161	15,901
Financial income`75/76B`	0	641,700	0	19	8	-	0	0	1
Recurring financial income`75`	0	641,700	0	19	8	-	0	0	1
Non-recurring financial income`76B`	-	-	-	-	-	-	0	0	0
Financial charges`65/66B`	217	199	230	192	203	200	197	192	229
Recurring financial charges`65`	217	199	230	192	203	200	197	192	229
Non-recurring financial charges`66B`	-	-	-	-	-	-	0	0	0
Profit (loss) for the period before taxes`9903`	17,320	653,829	18,322	16,657	7,951	2,691	2,169	17,970	15,673
Income taxes`67/77`	5,511	3,125	4,638	4,456	2,115	606	434	3,664	5,411
Profit (loss) for the period`9904`	11,809	650,704	13,684	12,201	5,836	2,085	1,735	14,306	10,262
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	0	0	0
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	0	0	0
Profit (loss) for the period to be appropriated`9905`	11,809	650,704	13,684	12,201	5,836	2,085	1,735	14,306	10,262
Appropriation of the result
Profit (loss) to be appropriated`9906`	11,809	650,704	13,684	12,201	5,836	2,085	1,735	14,306	10,262
Transfer from equity`791/2`	0	60,039	-	-	-	-	0	0	0
Transfer to equity`691/2`	11,809	0	13,684	12,201	5,836	2,085	1,735	14,306	10,262
Addition to contributions`691`	-	-	-	-	-	-	0	0	0
To the legal reserve`6920`	-	-	-	-	-	-	0	609	1,860
To other reserves`6921`	11,809	0	13,684	12,201	5,836	2,085	1,735	13,697	8,402
Profit to be distributed`694/7`	0	710,743	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	0	710,743	-	-	-	-	0	0	0
Directors or managers`695`	-	-	-	-	-	-	0	0	0
Employees`696`	-	-	-	-	-	-	0	0	0
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	23-07-2026	2026-00320896	PDF
31-12-2024	micro format	29-08-2025	2025-00430624	PDF
31-12-2023	micro format	04-07-2024	2024-00205563	PDF
31-12-2022	micro format	31-08-2023	2023-00386728	PDF
31-12-2021	micro format	24-08-2022	2022-20310100	PDF
31-12-2020	micro format	31-08-2021	2021-58100436	PDF
31-12-2019	micro format	13-10-2020	2020-60900279	PDF
31-12-2018	micro format	20-08-2019	2019-47400172	PDF
31-12-2017	micro format	26-07-2018	2018-38000576	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	-	-	-	-	-	2,890	2,852	18,994	17,081
Cash flow	-	-	-	-	-	2,085	2,222	15,139	11,442
Investment in fixed assets (approximation)	-	-	-	-	-	0	0	0	18,000
Change in cash	5,858	-33,797	11,093	13,843	8,655	-8,461	4,734	11,662	-
Working capital	36,569	24,760	52,839	39,155	26,953	21,118	24,367	22,146	-358
Solvency	96.9%	99.3%	93.4%	89.2%	90.3%	96.3%	73.4%	75.6%	33.5%
Current ratio	31.76	-	11.91	6.91	6.93	15.92	4.39	5.21	0.99
Debt to equity	0.03	0.01	0.07	0.12	0.11	0.04	0.36	0.32	1.99
ROE	32.3%	-	20.0%	22.3%	13.7%	5.7%	5.0%	43.6%	62.3%
ROA	31.3%	-	18.7%	19.9%	12.4%	5.5%	3.7%	33.0%	20.9%

MindsAhead

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency96.9%

Current ratio31.76

Return on assets31.3%

Filed annual accounts

Filings

Key figures and ratios

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