Equity
€291,540 ▲ 41.7%
Equity rose in 2025 from €205,751 to €291,540.
MINDTECH
Overview
Lifetime
3 annual accounts with figures on one time axispeak €174,909 (2024)
€120,844▼ 30.9%
peak €124,721 (2024)
€85,789▼ 31.2%
peak €291,540 (2025)
€291,540▲ 41.7%
€73,257▼ 60.7%
Board1 name since 2023
1 directorMOKADDEM Mohamed
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €174,909 to €120,844Result from €124,721 to €85,789Equity from €205,751 to €291,540Debts from €186,447 to €73,257
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The accounts state no turnover.
Liquidity
4.69 was 1.96 in 2024
Short-term debts fell from €184,256 to €73,257.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 31 days after the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
79.9%
Higher solvency than 80% of companies in computer programming and consultancy. Sector median 46.4% · 3,405 companies.
Checked score
97
Excellent
Financially stronger than 76% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value
10-2025: < 0.1%▼ -0.2 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged 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
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.69, cash €343,533
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €291,540 (79.9% of total assets)
Size: total assets €364,798
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 62, micro). It does better than 85% of them on solvency, 83% on liquidity, 61% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MINDTECH has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MINDTECH itself is lower: < 0.1% within 12 months. It rests on far more data about MINDTECH than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 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 39,278 companies, not a prediction for MINDTECH. 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.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.69 (1.96 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 94.2% of total assets. 20.1% of the assets are financed with debt and provisions.
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
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 days late
2023
1 day late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 11 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795922612
First establishment
Stedebouwstraat 16, Ganshoren
Incorporation
Founding capital of €3,000, 100 shares · Founder: MOKADDEM Mohamed (comparant) · Appointment: MOKADDEM Mohamed (director) · published on 11-01-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MINDTECH Ganshoren | €364,798 | €120,844 | 79.9% | - |
| CODING SOLUTIONS Evere | €351,273 | €132,965 | 0.9% | - |
| Vnp Consultancy Ixelles | €373,796 | €119,802 | 90.3% | - |
| DBO Consult-IT Uccle | €387,125 | €138,376 | 78.0% | - |
| ARAMIS Anderlecht | €410,462 | €107,978 | 9.3% | - |
| CLOUDTREK SOLUTIONS Auderghem | €401,658 | €104,995 | 90.6% | - |
| JoliSim Liège | €388,003 | €127,573 | 88.0% | - |
These companies have the same main activity as MINDTECH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €351,000 and €410,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 09-01-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.339.974.9461083 Ganshoren, since 10-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- €120,844▼ 30.9%
- €85,789▼ 31.2%
- €291,540▲ 41.7%
- €364,798▼ 7.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on MINDTECH
MINDTECH files the abbreviated format. That format states no turnover. The gross margin rose from €109,914 in 2023 to €120,844 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 31-07-2026, on the day of the deadline€120,844
▼ 30.9%
€109,313
▼ 32.8%
€85,789
▼ 31.2%
€270,276
▲ 52.2%
79.9%
▲ 27.5 percentage points
4.69
▲ 2.73
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €180,000 and €590,000.
Balance sheet
balance sheet total €364,798 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
79.9%
Higher than 81% of 3,405 companies in 2025.
4.69
Higher than 80% of 3,266 companies in 2025.
23.5%
Higher than 78% of 3,314 companies in 2025.
MINDTECH
Middle half of the sector
80% of the sector
Abbreviated accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
364,798 | 392,198 | 173,229 | |
21/28 |
21,265 | 30,378 | 39,492 | |
22/27 |
21,265 | 30,378 | 39,492 | |
24 |
21,265 | 30,378 | 39,492 | |
29/58 |
343,533 | 361,820 | 133,738 | |
40/41 |
- | 50,215 | 50,669 | |
40 |
- | 50,215 | 50,669 | |
54/58 |
343,533 | 311,605 | 83,069 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
364,798 | 392,198 | 173,229 | |
10/15 |
291,540 | 205,751 | 81,030 | |
10/11 |
3,000 | 3,000 | 3,000 | |
10 |
3,000 | 3,000 | 3,000 | |
100 |
3,000 | 3,000 | 3,000 | |
14 |
288,540 | 202,751 | 78,030 | |
17/49 |
73,257 | 186,447 | 92,199 | |
42/48 |
73,257 | 184,256 | 90,008 | |
44 |
23,049 | 113,735 | 50,306 | |
440/4 |
23,049 | 113,735 | 50,306 | |
45 |
29,510 | 56,910 | 36,771 | |
450/3 |
29,510 | 46,205 | 24,771 | |
454/9 |
- | 10,705 | 12,000 | |
47/48 |
20,698 | 13,611 | 2,932 | |
492/3 |
- | 2,191 | 2,191 | |
| Income statement | ||||
9900 |
120,844 | 174,909 | 109,914 | |
62 |
2,066 | 2,800 | 2,040 | |
630 |
9,113 | 9,113 | 6,076 | |
640/8 |
352 | 340 | 2,801 | |
9901 |
109,313 | 162,656 | 98,997 | |
65/66B |
- | 5 | - | |
65 |
- | 5 | - | |
9903 |
109,313 | 162,651 | 98,997 | |
67/77 |
23,524 | 37,930 | 20,966 | |
9904 |
85,789 | 124,721 | 78,030 | |
9905 |
85,789 | 124,721 | 78,030 | |
| Appropriation of the result | ||||
9906 |
288,540 | 202,751 | 78,030 | |
14P |
202,751 | 78,030 | - | |
| Document | ||||
The notes to these accounts have 3 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.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 118,426 | 171,769 | 105,072 | ||
| 94,903 | 133,834 | 84,106 | ||
| 0 | 0 | 45,567 | ||
| 31,929 | 228,536 | - | ||
| 270,276 | 177,564 | 43,730 | ||
| 79.9% | 52.5% | 46.8% | ||
| 4.69 | 1.96 | 1.49 | ||
| 0.25 | 0.91 | 1.14 | ||
| 29.4% | 60.6% | 96.3% | ||
| 23.5% | 31.8% | 45.0% | ||
| - | 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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €45,567 |
| €9,113 | €9,113 | €6,076 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MINDTECH
The operating result for 2025 is 33% lower than in 2024.
Debt's share of the balance-sheet total falls from 47.5% to 20.1%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 11-01-2023
term without a fixed end
Mandates through the years
1 name, the dashed line is todayMOKADDEM Mohamed
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- MOKADDEM Mohamed
- Director (not named in the articles), appointed by deed of 11-01-2023, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €2,915 in 2025
- Source
- deed of 11-01-2023
Articles of association
deed of 11-01-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00
- 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
Shareholders
At incorporation
deed of 11-01-2023 ↗
- MOKADDEM Mohamed 100 shares (100%) · €3,000
Network & group
No group
MINDTECH has no parent and no holdings in its annual accounts. MOKADDEM Mohamed is the only director. MINDTECH shares no director with another company.
At the same address
Stedebouwstraat 16, 1083 Ganshoren · 1 other company| Makhadou, Karima (sole trader)
establishment since 19-04-2023 |
founded in 2023 0800.990.465 |
Timeline
Timeline
9 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · on the deadline day
2025
Liquidity more than doubled current ratio 4.69 The current ratio rises from 1.96 to 4.69. Short-term debt falls from €184,256 to €73,257.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795922612
Annual accounts 2024 filed PDFmicro format · 31 days late
2024
Highest result from 2023 to 2025 net €124,721 ▲59.8% The operating result of €162,656 and the net result of €124,721 are both a record.
Equity above €200,000 equity €205,751 ▲154% With a profit in every financial year since 2023, equity grows to €205,751.
Annual accounts 2023 filed PDFmicro format · 1 day late
2023
First establishment Stedebouwstraat 16, Ganshoren
IncorporationFounding capital of €3,000, 100 shares · Founder: MOKADDEM Mohamed (comparant) · Appointment: MOKADDEM Mohamed (director) · published on 11-01-20236 points ▸
- Founder, MOKADDEM Mohamed (comparant)
- Founding capital, €3,000, 100 shares
- 100 shares
- Registered office clause, rue de l’Urbanisme 16, 1083 Ganshoren
- Board rule, 1
- Director appointment, MOKADDEM Mohamed (director (not named in the articles))
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
MINDTECH was incorporated on 9 January 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 MOKADDEM Mohamed is director of the company, appointed by deed of 11-01-2023.2 Total assets rose from €173,229 in 2023 to €364,798 in 2025.3
Company details
Identity
- Enterprise number
- 0795.922.612
- VAT number
- BE 0795.922.612
- Peppol ID
- 0208:0795922612
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00deed of 11-01-2023 (in French)
- Peppol
- Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MINDTECH in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-01-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 11-01-2023 (in French)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
66199
Activities auxiliary to financial services and insurance activities
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Consultance en finance et IT; Tous produits alimentaires tels que viandes,fruits,légumes,conserves,produits laitiers,produits de la…”deed of 11-01-2023 (in French)
21 activities
- Consultance en finance et IT
- Tous produits alimentaires tels que viandes,fruits,légumes,conserves,produits laitiers,produits de la mer,poissons,boucherie,articles de ménage et articles cadeaux,épices,herbes aromatiques,de vidéothèques,location de produits de divertissements,films et tout autre produit assimile tous textiles en général,vêtements divers,chaussures,cordonnerie,serrurerie,maroquinerie dans le sens le plus large ; tous produits de l’artisanat en général,tapisseries y compris les articles du tiers-monde ; tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage ainsi que savons et détergents ; tous les articles d’horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières; tous livres,antiquités,brocantes,objets de décoration,machines industrielles ;
- Travaux de jardinage
- De montres,articles en métaux précieux et bijoux ;
- Tous appareils électroménagers,tous films de bandes magnétiques,cassettes,tous articles imprimés ou enregistrés permettant leur lecture,vision ou audition ; assistance en programmation,
- Cours d’informatique,assistance en logiciels informatiques,conseils et assistance dans le domaine de l’informatique,tous matériaux de bureau et de l’informatique.
- Matériaux de construction,matériel électrique et électronique,le sanitaire.
- D’appareil électronique,de satellite.
- Les travaux d’urbanisme,la conception d’immeuble,l’étude et la réalisation de travaux d’architecture ;
- La peinture,la maçonnerie,l’électricité,la toiture,serrurerie,la menuiserie,le plafonnage,le cimentage,la plomberie,la charpenterie,la menuiserie charpenterie.
- La promotion immobilière,les transactions immobilières,les financements des projets.
- L’installation d’appareil électrique,électronique ainsi que de satellite.
- Aux entreprises générales de bâtiment ;
- De tous les articles électroménagers,électronique tels que télévision,radio,vidéo,etc.
- Tous produits de boulangerie et de pâtisserie,de tous produits alimentaires et non alimentaires
- La production ainsi que la commercialisation de tous produits issus de l’agriculture.
- Tout travail de bâtiment non réglementés
- Tous snacks,brasseries,hôtels,restaurants,tavernes,cafés,cabarets,discothèques,buffets,vestiaires pour publics,locations de places,salles d’organisation,de banquet et service traiteur ; la messagerie,les services de fax,de cabines téléphoniques,cybercafé,Internet,et de photocopies,de laboratoire de développement photos,d’atelier de tournage,d’affûtage et de rectification de pièces mécaniques ; de taxis,transport national et international de marchandises et de personnes pour autrui,courrier express,Car Wash,station-service (tout carburants tels que mazout,diesel,gaz,...),garage avec atelier de réparation et négociant de véhicules à moteur neuf et d’occasion,établissement de démolition,entretien et dépannage,montages,démontage de pneus et équilibrage des roues ainsi que l’achat,la vente,l’import,l’export en gros et/ou en détail de pièces automobiles neuves ou d’occasion et accessoires automobiles; d’un salon de coiffure ; de salons lavoirs,salon de thé,petits travaux de bâtiment non réglementés
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales,notamment : le nettoyage et l’entretien d’immeubles,le nettoyage de vitres et de bureaux,de petits travaux de bureau,services intérimaires,sous-traitance ;
- Effectuer toutes opérations généralement quelconques se rapportant directement ou indirectement au commerce,à la fabrication,la location,l’achat,la vente en gros ou en détail,la représentation,la distribution,le service,le conditionnement,l’exploitation et le courtage,l’importation et l’exportation,soit pour son propre compte soit pour le compte d’un tiers.
- Exercer l’activité de courrier express.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Stedebouwstraat 16 registered office 1083 Ganshoren | 10-01-2023 | 2.339.974.946 |
Buildings and parcels at the address
- Ground area
- 112 m²
- Buildings
- 58 m²
- Volume, LiDAR
- 595 m³
- Tallest building
- 13.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21008A0126/00P002 | 111 m² | 1 · 58 m² | 13.3 m · 4 |