Equity
€101,111 ▲ 55.2%
RustMinded has made a profit in every financial year since 2020.
RustMinded
Overview
Lifetime
6 annual accounts with figures on one time axispeak €78,354 (2024)
€63,861▼ 18.5%
peak €39,254 (2023)
€30,972▲ 15.0%
peak €101,111 (2025)
€101,111▲ 55.2%
€30,884▼ 33.3%
Board2 names since 2019
-
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from €78,354 to €63,861Equity from €65,139 to €101,111Debts from €46,281 to €30,884Cash from €60,013 to €85,006
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as RustMinded has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for RustMinded. 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 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
Board and ownership
last known boardDirector, last mentioned in 2020
- 100 sharesdeed of 29-11-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738481388
Registered office moved from Grez-Doiceau to Maillen
New registered office: rue de Mont, 17 à 5330 MAILLEN · Previous registered office: Chaussée de Wavre 195/5 1390 Grez Doiceau · General meeting of 29-08-2022 · Gazette deed
Appointment: (director)
General meeting of 02-12-2019 · Gazette deed
First establishment
Rue de Mont 17, Assesse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RustMinded Assesse | €131,995 | €63,861 | 76.6% | - |
| Codefi Engineering Walcourt | €128,164 | €72,449 | 81.5% | - |
| UNAMEDO CONSULTING Aartselaar | €129,397 | €64,485 | 49.0% | - |
| Pompelmoes Kalmthout | €126,826 | €66,101 | 84.7% | - |
| QUALISYS Ixelles | €130,561 | €62,502 | 22.1% | - |
| Seatstat Bruges | €140,502 | €60,890 | 64.2% | - |
| ArcodeX Ixelles | €131,146 | €67,153 | 41.7% | - |
These companies have the same main activity as RustMinded: computer programming (NACE 62100). They are comparable in size and age: total assets between €127,000 and €141,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 27-11-2019Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.297.911.6875330 Assesse, since 02-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €63,861▼ 18.5%
- ≈ €150,000estimated
- €30,972▲ 15.0%
- €101,111▲ 55.2%
- €131,995▲ 18.5%
- ≈ 0.6 FTEestimated
- Filing
- Filed on 27-05-2026, 65 days before the end of the filing period
Insights on RustMinded
RustMinded files the micro format. That format states no turnover. The gross margin rose from €8,992 in 2020 to €63,861 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-05-2026, 65 days before the deadline€63,861
▼ 18.5%
€38,750
▲ 15.8%
€30,972
▲ 15.0%
€70,319
▲ 137%
76.6%
▲ 18.1 percentage points
3.28
▲ 1.64
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €120,000 and €190,000.
Balance sheet
balance sheet total €131,995 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
76.6%
Higher than 70% of 22,039 companies in 2025.
3.28
Higher than 61% of 21,339 companies in 2025.
23.5%
Higher than 58% of 21,530 companies in 2025.
RustMinded
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
131,995 | 111,419 | 83,729 | 87,954 | 50,009 | 24,872 | |
21/28 |
30,792 | 35,491 | 29,325 | 5,609 | 5,530 | 5,248 | |
22/27 |
30,792 | 35,491 | 29,325 | 5,609 | 5,530 | 5,248 | |
22 |
27,780 | 31,405 | 25,774 | 1,526 | - | - | |
24 |
3,012 | 4,085 | 3,551 | 4,083 | 5,530 | 5,248 | |
29/58 |
101,203 | 75,929 | 54,404 | 82,345 | 44,479 | 19,624 | |
40/41 |
15,091 | 15,106 | 11,369 | 16,347 | 6,094 | 5,563 | |
40 |
12,871 | 13,706 | 11,094 | 14,677 | 3,806 | 3,400 | |
41 |
2,220 | 1,400 | 276 | 1,669 | 2,288 | 2,163 | |
54/58 |
85,006 | 60,013 | 42,274 | 58,129 | 37,477 | 8,654 | |
490/1 |
1,106 | 810 | 761 | 7,869 | 908 | 5,407 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
131,995 | 111,419 | 83,729 | 87,954 | 50,009 | 24,872 | |
10/15 |
101,111 | 65,139 | 58,206 | 18,953 | 25,879 | 7,497 | |
10/11 |
5,000 | - | - | - | - | - | |
14 |
96,111 | 65,139 | 58,206 | 18,953 | 25,879 | 7,497 | |
17/49 |
30,884 | 46,281 | 25,523 | 69,001 | 24,130 | 17,375 | |
42/48 |
30,884 | 46,281 | 25,523 | 69,001 | 24,130 | 17,375 | |
44 |
- | 26 | 956 | 2,275 | 744 | 5,618 | |
440/4 |
- | 26 | 956 | 2,275 | 744 | 5,618 | |
45 |
9,645 | 5,516 | 3,948 | 7,600 | 5,491 | 1,470 | |
450/3 |
6,878 | - | 1,024 | 5,579 | 5,491 | 1,470 | |
454/9 |
2,766 | 5,516 | 2,924 | 2,020 | - | - | |
47/48 |
21,239 | 40,739 | 20,619 | 59,127 | 17,895 | 10,287 | |
| Income statement | |||||||
9900 |
63,861 | 78,354 | 75,022 | 60,500 | 25,570 | 8,992 | |
62 |
19,548 | 38,853 | 22,041 | 15,892 | 372 | - | |
630 |
5,563 | 6,035 | 3,942 | 2,831 | 1,892 | 1,158 | |
9901 |
38,750 | 33,466 | 49,039 | 41,776 | 23,306 | 7,834 | |
75/76B |
580 | 817 | 491 | - | - | - | |
75 |
580 | 817 | 491 | - | - | - | |
65/66B |
128 | 13 | 218 | 103 | 50 | - | |
65 |
128 | 13 | 218 | 103 | 50 | - | |
9903 |
39,202 | 34,270 | 49,312 | 41,673 | 23,256 | 7,834 | |
67/77 |
8,230 | 7,337 | 10,058 | 8,599 | 4,874 | 337 | |
9904 |
30,972 | 26,932 | 39,254 | 33,074 | 18,382 | 7,497 | |
9905 |
30,972 | 26,932 | 39,254 | 33,074 | 18,382 | 7,497 | |
| Appropriation of the result | |||||||
9906 |
96,111 | 85,139 | 58,206 | 58,953 | 25,879 | 7,497 | |
14P |
65,139 | 58,206 | 18,953 | 25,879 | 7,497 | - | |
694/7 |
- | 20,000 | - | 40,000 | - | - | |
694 |
- | 20,000 | - | 40,000 | - | - | |
| Social balance sheet | |||||||
9087 |
- | 1 | - | 1 | - | - | |
Hours worked1013 |
- | 1,846 | - | 704 | - | - | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-05-2026 | 2026-00126837 | |
| 31-12-2024 | micro format | 14-04-2025 | 2025-00069168 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00137808 | |
| 31-12-2022 | micro format | 10-05-2023 | 2023-00084511 | |
| 31-12-2021 | micro format | 25-04-2022 | 2022-20007526 | |
| 31-12-2020 | micro format | 01-04-2021 | 2021-09600423 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 44,313 | 39,501 | 52,981 | 44,608 | 25,198 | 8,992 | ||
| 36,535 | 32,968 | 43,195 | 35,905 | 20,274 | 8,655 | ||
| 864 | 12,201 | 27,658 | 2,910 | 2,174 | 6,406 | ||
| 24,993 | 17,739 | -15,855 | 20,652 | 28,823 | - | ||
| 70,319 | 29,648 | 28,882 | 13,344 | 20,349 | 2,249 | ||
| 76.6% | 58.5% | 69.5% | 21.5% | 51.7% | 30.1% | ||
| 3.28 | 1.64 | 2.13 | 1.19 | 1.84 | 1.13 | ||
| 0.31 | 0.71 | 0.44 | 3.64 | 0.93 | 2.32 | ||
| 30.6% | 41.3% | 67.4% | 174.5% | 71.0% | 100.0% | ||
| 23.5% | 24.2% | 46.9% | 37.6% | 36.8% | 30.1% | ||
| over 100 | over 100 | over 100 | over 100 | 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.
Social balance sheet
| Item | 31-12-2024 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | - |
| part-time | - | 1 |
| in full-time equivalents | 1 | 0.5 |
| 1 | 0.4 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
| Left | - | 0 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €864 | €12,201 | €27,658 | €2,910 | €2,174 |
| €5,563 | €6,035 | €3,942 | €2,831 | €1,892 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RustMinded
The operating result for 2025 is 16% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 41.5% to 23.4%. Equity is higher and debt is lower.
Board & ownership
Board
No change since December 2019- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 29-11-2019
Mandates through the years
2 namesDirector
Director
Earlierend not dated
Mandates as a list
-
- Director, appointed by deed of 06-01-2020, last mentioned in 2020
-
- Director, appointed by deed of 29-11-2019, last mentioned in 2019
Control
Founder
This company
RustMinded
Equity €101,111
Profit €30,972 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,011 in 2025
- Source
- deed of 29-11-2019
Articles of association
deed of 29-11-2019 (in French)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of April at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 29-11-2019 ↗
- 100 shares (100%) · €5,000 in cash
Network & group
No group
RustMinded has no parent and no holdings in its annual accounts.
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
13 events since 2019Board
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 65 days before the deadline
2025
Equity above €100,000 equity €101,111 ▲55.2% Equity rises from €65,139 to €101,111.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0738481388
Annual accounts 2024 filed PDFmicro format · 108 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 44 days before the deadline
2023
Highest result from 2020 to 2025 net €39,254 ▲18.7% The operating result of €49,039 and the net result of €39,254 are both a record.
Annual accounts 2022 filed PDFmicro format · 82 days before the deadline
2022
Registered office moved from Grez-Doiceau to MaillenNew registered office: rue de Mont, 17 à 5330 MAILLEN · Previous registered office: Chaussée de Wavre 195/5 1390 Grez Doiceau · General meeting of 29-08-20222 points ▸
- General meeting, 29-08-2022
- Registered-office move, rue de Mont, 17 à 5330 MAILLEN
Annual accounts 2021 filed PDFmicro format · 97 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 121 days before the deadline
2020
Appointment: (director)General meeting of 02-12-20192 points ▸
- General meeting, 02-12-2019
- Director appointment,
2019
First establishment Rue de Mont 17, Assesse
IncorporationFounding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 29-11-20194 points ▸
- Registered office clause, Chaussée de Wavre 195 bte 0005, 1390 Grez-Doiceau
- Director appointment,
- Founder,
- Founding capital, €5,000, 100 shares
- 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
On 27 November 2019, RustMinded was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2022 the registered office moved to Maillen.3 Total assets went from €24,872 in 2020 to €131,995 in 2025 and headcount from 1 full-time equivalents in 2022 to 1 in 2024.4
Company details
Identity
- Enterprise number
- 0738.481.388
- VAT number
- BE 0738.481.388
- Peppol ID
- 0208:0738481388
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-11-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of April at 20:00deed of 29-11-2019 (in French)
- Peppol
- Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- RustMinded in French
- Entity type
- Legal entity
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La réalisation de prestations de services dans le domaine de l’informatique.Elle apporte à sa clientèle un support technique et analytique…”deed of 29-11-2019 (in French)
12 activities
- La réalisation de prestations de services dans le domaine de l’informatique.Elle apporte à sa clientèle un support technique et analytique dans l’implémentation d’une solution informatique de gestion financière,de contrôle de gestion et de trésorerie
- La gestion de projets informatiques,l’analyse,la conception,le développement,la maintenance et la vente de logiciels informatiques et de sites internet
- Le conseil,l’étude,la formation,l’organisation d’évènements,l’assistance,l’audit et la prestation de tous services en matière d’informatique
- La conception,le développement,l'achat,la vente,l'importation,l'exportation,la représentation,la fourniture,la location et le service après-vente de tous logiciels et accessoires,installations et consommables informatiques,ordinateurs,systèmes de communication et de télécommunication,périphériques et services
- L’accueil de projets e-business ayant pour caractéristique de développer des projets internet « propres »
- La conception,le développement,l’organisation et l’animation de toutes sortes d’espaces privilégiés de communication au sein des organisations marchandes ou non marchandes,les dotant de tous supports d’information multimédia (bornes interactives,sites internet et intranet,etc.) et audiovisuels
- L’achat,la vente,l’exportation,l’importation,la représentation,la location,le leasing,l’entretien et la maintenance et tous actes de commerce relatifs au matériel informatique (hardware,software et accessoires),électronique,audio,vidéo et de communication
- La conception,la réalisation,la vente,l’exportation,l’importation,la représentation,la location,le leasing et la maintenance de tout programme pour machine informatique,électronique,audio,vidéo ou de communication
- L’intégration de systèmes d’informations
- Le conseil,la représentation,la formation,l’organisation d’événements et la gestion en matières informatiques et de télécommunication
- La création de portails internet
- Le traitement et l’hébergement de données numériques
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue de Mont 17 registered office 5330 Assesse | 02-12-2019 | 2.297.911.687 |
1 former office
- Chaussée de Wavre 195/5, 1390 Grez Doiceau until 01-09-2022 · deed of 07-10-2022
Buildings and parcels at the address
- Ground area
- 1,123 m²
- Buildings
- 89 m²
- Volume, LiDAR
- 597 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92080C0193/00R000 | 1,123 m² | 1 · 89 m² | 8.1 m · 2 |