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SOUND MIND

Active
Private limited companyfounded 20224 yrs activeKwadeplasstraat 18, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0786.495.695

SOUND MIND has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €35k. Equity is shrinking by ~41.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 16459 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency58▼-42
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 5.17 in 2024; short-term debt: 66.5% and cash: 26.8% of total assets), and 66.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.5%
Return on assets
80.6%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
24 d early
2024
41 d late
2023
7 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€14k▼ 86.7%
2024 · €109k
2023: €85k 2024: €109k
2023 → 2025
Total assets
€43k▼ 67.8%
2024 · €134k
2023: €122k 2024: €134k
2023 → 2025
Net result
€35k▲ 44.5%
2024 · €24k
2023: €82k 2024: €24k
2023 → 2025
Working capital
€11k▼ 90.0%
2024 · €105k
2023: €84k 2024: €105k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€85k-€109k▲ 28.4%€14k▼ 86.7%
Operating result€102k-€29k▼ 71.4%€44k▲ 48.6%
Net result€82k-€24k▼ 70.5%€35k▲ 44.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2023: €102k€102kNet result 2023: €82k€82kOperating result 2024: €29k€29kNet result 2024: €24k€24kOperating result 2025: €44k€44kNet result 2025: €35k€35k202320242025
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets €4k▲ 11.5%
Current assets €39k▼ 69.9%
Equity and liabilities €43k
Equity €14k▼ 86.7%
Debt €29k▲ 13.8%
The debt ratio rises from 18.8% to 66.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44k
2024 · €30k
Cash flow
€36k
2024 · €25k
Solvency
33.5%
2024 · 81.2%
Current ratio
1.37
2024 · 5.17
Quick ratio
1.37
2024 · 5.17
Debt / equity
1.99
2024 · 0.23
ROE
240.6%
2024 · 22.1%
ROA
80.6%
2024 · 18.0%
Interest coverage
171.62
2024 · 431.02
Debt
€29k
2024 · €25k
Debt ≤ 1 year
€29k
2024 · €25k
Income taxes
€13k
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€134k€43k
Fixed assets21/28€4k€4k
Tangible fixed assets22/27€4k€4k
Plant, machinery and equipment23€478€423
Furniture and vehicles24€3k€4k
Current assets29/58€131k€39k
Amounts receivable within one year40/41€117k€26k
Trade receivables40€24k€23k
Other amounts receivable41€93k€2k
Cash at bank and in hand54/58€12k€12k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€134k€43k
Equity10/15€109k€14k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€106k€11k
Amounts payable17/49€25k€29k
Amounts payable within one year42/48€25k€29k
Trade debts44€3k€1k
Suppliers440/4€3k€1k
Taxes, remuneration and social security45€22k€23k
Taxes450/3€22k€23k
Other amounts payable47/48-€5k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€488€875
Other operating charges640/8€952€1k
Gross operating margin9900€31k€45k
Operating profit (loss)9901€29k€44k
Financial income75/76B€4k€5k
Recurring financial income75€4k€5k
Financial charges65/66B€69€259
Recurring financial charges65€69€259
Profit (loss) for the period before taxes9903€33k€48k
Income taxes67/77€9k€13k
Profit (loss) for the period9904€24k€35k
Profit (loss) for the period to be appropriated9905€24k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€106k€141k
Profit (loss) brought forward from the previous period14P€82k€106k
Profit to be distributed694/7-€129k
Return on contributions (dividend)694-€129k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial Weakest financial yearnet €24k ▼70.5%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €100kEq €109k ▲28.4%
2 profitable years in a row build equity to €109k.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kwadeplasstraat 181640 Sint-Genesius-Rode
Ground area
223 m²
Building footprint
73 m²
Volume, LiDAR
476 m³
Parcel 22004C0687/00R000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SOUND MIND
Kwadeplasstraat 18, 1640 Sint-Genesius-RodeRenting and operating of own or leased non-residential real estate, excluding land
since 20222.331.712.823
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22004C0687/00R000 Flanders 223 m² 1 · 73 m² 11.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,459 companies in sector 86995 we hold annual accounts for 885. 536 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-05-2022
Fiscal year end31-12
Activities, NACEBEL
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.