Quick Minds
ActiveSummary
Quick Minds has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,018 and a net result of €28,848. Equity has been growing by about 62% per year since 2023. Its solvency ranks better than 62% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-11-2023 Normal situation
- Activity
- Computer programming NACE 62100
- Establishment unit
- 2.352.945.430 9660 Brakel, since 27-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €40,544
- ▲ 12.4%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €28,848
- ▲ 4.8%
- Equity
- €74,018
- ▲ 63.9%
- Total assets
- €104,969
- ▲ 72.0%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.73, cash €62,485Sector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €104,969Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 63% of them on solvency, 73% on liquidity, 82% on profitability and 83% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 50 days before 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-03-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is 9% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €1,434 | €13,613 |
| Financial fixed assets | - | - | €6,335 |
| Depreciation and write-downs of the year | - | €2 | €1,045 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2 | €1,045 | ▲ 565× |
| Other operating charges640/8 | - | €1 | €0 | ▼ 100% |
| Gross operating margin9900 | €18,314 | €36,075 | €40,544 | ▲ 12.4% |
| Operating profit (loss)9901 | €18,314 | €36,072 | €39,499 | ▲ 9.5% |
| Financial income75/76B | - | - | €16 | - |
| Recurring financial income75 | - | - | €16 | - |
| Financial charges65/66B | - | €1,314 | €3,286 | ▲ 150% |
| Recurring financial charges65 | - | €1,314 | €3,286 | ▲ 150% |
| Profit (loss) for the period before taxes9903 | €18,314 | €34,758 | €36,228 | ▲ 4.2% |
| Income taxes67/77 | €3,663 | €7,239 | €7,380 | ▲ 1.9% |
| Profit (loss) for the period9904 | €14,651 | €27,519 | €28,848 | ▲ 4.8% |
| Profit (loss) for the period to be appropriated9905 | €14,651 | €27,519 | €28,848 | ▲ 4.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,685 | €61,013 | €104,969 | ▲ 72.0% |
| Fixed assets21/28 | - | €1,433 | €20,335 | ▲ 14× |
| Tangible fixed assets22/27 | - | €1,433 | €14,000 | ▲ 877% |
| Plant, machinery and equipment23 | - | €1,433 | €954 | ▼ 33.4% |
| Other tangible fixed assets26 | - | - | €13,046 | - |
| Financial fixed assets28 | - | - | €6,335 | - |
| Current assets29/58 | €22,685 | €59,581 | €84,634 | ▲ 42.0% |
| Amounts receivable within one year40/41 | €10,578 | €14,944 | €18,563 | ▲ 24.2% |
| Trade receivables40 | €10,578 | €14,944 | €18,563 | ▲ 24.2% |
| Cash at bank and in hand54/58 | €12,108 | €27,784 | €62,485 | ▲ 125% |
| Deferred charges and accrued income490/1 | - | €16,853 | €3,586 | ▼ 78.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,685 | €61,013 | €104,969 | ▲ 72.0% |
| Equity10/15 | €17,651 | €45,170 | €74,018 | ▲ 63.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €14,651 | €42,170 | €71,018 | ▲ 68.4% |
| Amounts payable17/49 | €5,035 | €15,844 | €30,951 | ▲ 95.4% |
| Amounts payable within one year42/48 | €5,035 | €15,844 | €30,951 | ▲ 95.4% |
| Trade debts44 | €1,186 | €1,793 | €0 | ▼ 100% |
| Suppliers440/4 | €1,186 | €1,793 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €3,748 | €13,936 | €29,309 | ▲ 110% |
| Taxes450/3 | €3,748 | €11,604 | €24,644 | ▲ 112% |
| Remuneration and social security454/9 | - | €2,332 | €4,665 | ▲ 100% |
| Other amounts payable47/48 | €101 | €114 | €1,643 | ▲ 14× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,651 | €27,519 | €28,848 | ▲ 4.8% |
| + Depreciation and write-downs630 | - | €2 | €1,045 | ▲ 565× |
| Operating cash flow (approximation) | €14,651 | €27,521 | €29,893 | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | - | -€19,948 | - |
| Change in cash | - | €15,677 | €34,701 | ▲ 121% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Quick Minds has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Quick Minds itself is lower: 0.1% within 12 months. It rests on far more data about Quick Minds than the profile alone.
Test of the method
The method was tested on the 497,446 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 Quick Minds. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- STANDAERT Yannis Stephen 100 shares (100%) · in cash
Capital transactions
- 29-11-2023 Incorporation · €3,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Articles of association, deed of 29-11-2023 (in Dutch)
Network & group
Quick Minds shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Quick Minds. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-09
Gazette deed
Registered office moved from Gent to BrakelNew seat: Boembeke 9, 9660 Brakel · Previous seat: Virginiastraat 10, 9000 Gent, België2 points ▸
- General meeting, 15-05-2025
- Registered-office move, Boembeke 9, 9660 Brakel
29-11
Gazette deed
IncorporationStarting capital €3,000 · Appointment: STANDAERT Yannis Stephen (director) · Board rule · Pre-incorporation commitments6 points ▸
- Board rule, 1
- Director appointment, STANDAERT Yannis Stephen (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Incorporation, 27-11-2023
- Founder, STANDAERT Yannis Stephen
- Founding capital, €3,000
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Quick Minds was incorporated on 27 November 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Brakel in 2026.3 Since 2023, STANDAERT Yannis Stephen has served as director.4 Total assets rose from €22,685 in 2023 to €104,969 in 2025.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45024A0131/00C000 | Flanders | 1,109 m² | 1 · 824 m² | 11.6 m · 2 |