Restless Minds
The computed 12-month bankruptcy probability of Restless Minds is 0.9% (low). The 2024 annual accounts show negative equity (€-459k) and a net result of €-494k. Equity is shrinking by ~306.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 561 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-459k |
| Net result | €-494k |
| Staff (FTE) | 4 |
| Better than sector | 6% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -190.6% | 34.8% | |
| Net result | €-494k | €15k | |
| Equity | €-459k | €79k | |
| Gross operating margin | €-151k | €81k | |
| Staff costs | €323k | €297k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | €502k |
| EBITDA | €-476k |
| Net profit | €-494k |
| Cash flow | €-490k |
| Staff costs | €323k |
| Income taxes | €728 |
| Dividends | - |
| Total assets | €241k |
| Equity | €-459k |
| Debt | €699k |
| of which ≤ 1y | €699k |
| of which > 1y | - |
| Working capital | €-466k |
| Employees (FTE) | 4.0 |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -193.5% |
| Solvency | -190.6% |
| Debt / equity | -1.52 |
| Long-term debt ratio | - |
| Interest coverage | -36.67 |
| Gross margin | -29.3% |
| Net margin | -98.5% |
| ROA | -205.4% |
| ROE | 107.8% |
| EBITDA margin | -94.9% |
| Days sales outstanding | 110d |
| Days payable outstanding | 221d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €241k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €234k |
| Amounts receivable within one year | 40/41 | €222k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €241k |
| Equity | 10/15 | €-459k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-527k |
| Amounts payable | 17/49 | €699k |
| Amounts payable within one year | 42/48 | €699k |
| Trade debts payable within one year | 44 | €394k |
| Income statement | ||
| Turnover | 70 | €502k |
| Gross operating margin | 9900 | €-151k |
| Operating result | 9901 | €-481k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-494k |
| Income taxes | 67/77 | €728 |
| Net result for the period | 9904 | €-494k |
| Result to be appropriated | 9905 | €-494k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Tim Vermeiren |
- | 31-07-2025 → present |
| NACE primary | Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200) |
| Legal form | Public limited company(014) |
| Incorporation | 21-10-2021 |
| Status | Active |
| Postal code | 2550 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-10-2025 Tim Vermeiren reappointed as statutory auditor
- Tim Vermeiren, Commissaris
Technical details
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}25-10-2021 Incorporation of a new NV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Restless Minds |