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MINDUP

Active
Private limited companyfounded 2006active for 20 yearsBreestraeten 164, 1785 Merchtem, BelgiumKBO/BCE: BE 0883.684.054
Summary

MINDUP has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254,239 and a net result of €33,198. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 41% of 613 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
MINDUPActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Scientific research and development
NACE 72200
1 site
Size
€504,930total assets 2025
Equity
€254,239
Profit
€33,198
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 9 days early1 of 2 deeds summarised
Why 92raises riskLiquidity: current ratio 0.56, cash €13,780lowers riskSize: total assets €504,930Figures for financial year 2025 (filed 22-04-2026)Founded in 2006Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 72, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 75+7
equity 50.4% of total assets
Liquidity 52+4
short-term debt 12.9% · cash 2.7%
Profitability 77+7
return on assets 6.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (935 companies, NACE 72, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.1%▼ -0.2 percentage points 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 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.56, compared with 0.39 in 2024, below 1; short-term debt: 12.9% and cash: 2.7% of total assets), and 49.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 72, micro): better than 45% on solvency, 35% on liquidity, 51% on profitability and 67% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €504,930
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.56, cash €13,780
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 22-04-2026)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
35 days early
2023
36 days early
2022
33 days early
2021
33 days early
2020
1 day early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end25-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €33,198 ▲59.5%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €33,198 6 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€504,930
Profit
€33,198
Solvency
50.4%
Total assets▼ 2.6%
Net result
20192025
Go to Financials

Timeline

Events
23
Since
2008
Next accounts
by 30-04-2027
  1. 25-03-2024Annual accounts filed
  2. 18-12-2023Resignation: DE ROOVER Koen (niet statutaire zaakvoerder…
  3. 30-09-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Scientific research and developmentNACE 72200
Founded
22-09-2006
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Third Friday of March at 17:00
Purpose
“Ontwikkeling en verkoop van psychologische testen voor persoonlijke ontwikkeling en…” (deed in Dutch)
Go to Articles of association

Key facts about MINDUP

What is the company number of MINDUP?
0883.684.054. In Belgium the VAT number is the company number with BE in front: BE 0883.684.054.
Where is MINDUP based?
The registered office is at Breestraeten 164, 1785 Merchtem.Company details
What does MINDUP do?
According to the KBO register, the main activity is scientific research and development (NACE 72200).
What is the legal form of MINDUP?
Private limited company (BV).
When was MINDUP founded?
On 22-09-2006.
Is MINDUP still active?
Yes, MINDUP is an active enterprise in the KBO register.
What is the turnover of MINDUP?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MINDUP profitable?
In financial year 2025, MINDUP made a profit of €33,198.
Where can I find the annual accounts of MINDUP?
MINDUP filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MINDUP due?
By 30-04-2027, for financial year 2026.Timeline

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