MINDTECH
ActiveSummary
MINDTECH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €86k. Equity is growing by ~51.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency100▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 1.96 in 2024; short-term debt: 20.1% and cash: 94.2% of total assets), and 20.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
79.9%
Return on assets
23.5%
Age of the figures
9 mo
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 · 3 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
1 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€292k▲ 41.7%
2024 · €206k
2023: €81k
2024: €206k
2023 → 2025
Total assets
€365k▼ 7.0%
2024 · €392k
2023: €173k
2024: €392k
2023 → 2025
Net result
€86k▼ 31.2%
2024 · €125k
2023: €78k
2024: €125k
2023 → 2025
Working capital
€270k▲ 52.2%
2024 · €178k
2023: €44k
2024: €178k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€81k-€206k▲ 154%€292k▲ 41.7%
Operating result€99k-€163k▲ 64.3%€109k▼ 32.8%
Net result€78k-€125k▲ 59.8%€86k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets
€21k ▼ 30.0%
Current assets
€344k ▼ 5.1%
Equity and liabilities €365k
Equity
€292k ▲ 41.7%
Debt
€73k ▼ 60.7%
Debt's share of the balance-sheet total falls from 47.5% to 20.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118k▼
2024 · €172k
Cash flow
€95k▼
2024 · €134k
Current ratio
4.69▲
2024 · 1.96
Debt to equity
0.25▼
2024 · 0.91
ROE
29.4%▼
2024 · 60.6%
ROA
23.5%▼
2024 · 31.8%
Debt ≤ 1 year
€73k▼
2024 · €184k
Income taxes
€24k▼
2024 · €38k
Staff costs
€2k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€392k€365k▼
Fixed assets21/28€30k€21k▼
Tangible fixed assets22/27€30k€21k▼
Furniture and vehicles24€30k€21k▼
Current assets29/58€362k€344k▼
Amounts receivable within one year40/41€50k-
Trade receivables40€50k-
Cash at bank and in hand54/58€312k€344k▲
Equity and liabilities
Total equity and liabilities10/49€392k€365k▼
Equity10/15€206k€292k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€203k€289k▲
Amounts payable17/49€186k€73k▼
Amounts payable within one year42/48€184k€73k▼
Trade debts44€114k€23k▼
Suppliers440/4€114k€23k▼
Taxes, remuneration and social security45€57k€30k▼
Taxes450/3€46k€30k▼
Remuneration and social security454/9€11k-
Other amounts payable47/48€14k€21k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€3k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€340€352▲
Gross operating margin9900€175k€121k▼
Operating profit (loss)9901€163k€109k▼
Financial charges65/66B€5-
Recurring financial charges65€5-
Profit (loss) for the period before taxes9903€163k€109k▼
Income taxes67/77€38k€24k▼
Profit (loss) for the period9904€125k€86k▼
Profit (loss) for the period to be appropriated9905€125k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€203k€289k▲
Profit (loss) brought forward from the previous period14P€78k€203k▲
The notes to these accounts (3 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 4.69
Current ratio from 1.96 to 4.69; short-term debt falls from €184k to €73k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2023net €125k ▲59.8%
Operating result €163k, net result €125k, both a record.
31-12
Financial
Equity above €200kEq €206k ▲154%
2 profitable years in a row build equity to €206k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ganshoren · 1 establishment unit since 2023
Ground area
112 m²
Building footprint
58 m²
Volume, LiDAR
595 m³
Parcel 21008A0126/00P002, Brussels · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MINDTECH
since 20232.339.974.946
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0126/00P002 | Brussels | 111 m² | 1 · 58 m² | 13.3 m · 4 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.
Similar companies · same sector, comparable size
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BLUE MIND
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AXMJ
BE 0894.771.154
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BUSINESS INTEGRATION SOLUTIONS
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Gent · Eq €291,646
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 13,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.