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TRANSFORMATION MINDSET

Active
Private limited companyfounded 20223 yrs activeRue d'Angoussart 79, 1301 Wavre, BelgiumKBO/BCE: BE 0793.113.768
Summary

For TRANSFORMATION MINDSET, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €16,871 and a net result of €721. Its solvency ranks better than 43% of 37964 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

TRANSFORMATION MINDSETActive

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability43▼-57
Solvency75▲+2
Growth52
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
50.1%
Return on assets
2.1%
Age of the figures
27 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 242 days later.
NBB · 2 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-01-2025, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
on the day
2023
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

TRANSFORMATION MINDSET was incorporated on 28 October 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€16,871▲ 4.5%
2023 · €16,150
Total assets
€33,684▲ 0.6%
2023 · €33,499
Net result
€721▼ 96.9%
2023 · €23,150
Working capital
€16,871▲ 4.5%
2023 · €16,150
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€29,806--€197
Net result€23,150within the sector's middle half-€721below the sector's middle half▼ 96.9%
Equity€16,150below the sector's middle half-€16,871below the sector's middle half▲ 4.5%
Total assets€33,499below the sector's middle half-€33,684below the sector's middle half▲ 0.6%
Debt€17,349-€16,813▼ 3.1%
Working capital€16,150within the sector's middle half-€16,871within the sector's middle half▲ 4.5%
Solvency48.2%within the sector's middle half-50.1%within the sector's middle half▲ 1.9pp
Current ratio1.93within the sector's middle half-2.00within the sector's middle half▲ 0.07
Return on assets (ROA)69.1%above the sector's middle half-2.1%within the sector's middle half▼ 67.0pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2023: €29,806€29,806Net result 2023: €23,150€23,150Operating result 2024: -€197-€197Net result 2024: €721€72120232024-€10,000€0€10,000€20,000€30,000Operating result 2023: €29,806€29,800Net result 2023: €23,150€23,200Operating result 2024: -€197-€197Net result 2024: €721€72120232024
The operating result turns negative in 2024: a loss of €197 after €29,806 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €33,684
Equity €16,871 ▲ 4.5%
Debt €16,813 ▼ 3.1%
Debt's share of the balance-sheet total falls from 51.8% to 49.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
1.00▼
2023 · 1.07
ROE
4.3%▼
2023 · 143.3%
Debt ≤ 1 year
€16,813▼
2023 · €17,349
Income taxes
€316▼
2023 · €5,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€33,499€33,684▲
Current assets29/58€33,499€33,684▲
Amounts receivable within one year40/41€33,422€33,174▼
Trade receivables40€3,060€437▼
Other amounts receivable41€30,362€32,737▲
Cash at bank and in hand54/58€77€510▲
Equity and liabilities
Total equity and liabilities10/49€33,499€33,684▲
Equity10/15€16,150€16,871▲
Contributions10/11€3,000€3,000=
Reserves13€13,150€13,871▲
Distributable reserves133€13,150€13,871▲
Amounts payable17/49€17,349€16,813▼
Amounts payable within one year42/48€17,349€16,813▼
Trade debts44€1,583€2,950▲
Suppliers440/4€1,583€2,950▲
Taxes, remuneration and social security45€5,765€13,863▲
Taxes450/3€5,765€13,863▲
Other amounts payable47/48€10,000-
Income statement Code20232024
Other operating charges640/8€654€820▲
Gross operating margin9900€30,460€623▼
Operating profit (loss)9901€29,806-€197▼
Financial income75/76B€784€1,413▲
Recurring financial income75€784€1,413▲
Financial charges65/66B€2,256€179▼
Recurring financial charges65€2,256€179▼
Profit (loss) for the period before taxes9903€28,334€1,037▼
Income taxes67/77€5,184€316▼
Profit (loss) for the period9904€23,150€721▼
Profit (loss) for the period to be appropriated9905€23,150€721▼
Appropriation of the result
Profit (loss) to be appropriated9906€23,150€721▼
Transfer to equity691/2€13,150€721▼
To other reserves6921€13,150€721▼
Profit to be distributed694/7€10,000-
Directors or managers695€10,000-

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€654€820▲ 25.5%
Gross operating margin9900€30,460€623▼ 98.0%
Operating profit (loss)9901€29,806-€197▼ 101%
Financial income75/76B€784€1,413▲ 80.2%
Recurring financial income75€784€1,413▲ 80.2%
Financial charges65/66B€2,256€179▼ 92.1%
Recurring financial charges65€2,256€179▼ 92.1%
Profit (loss) for the period before taxes9903€28,334€1,037▼ 96.3%
Income taxes67/77€5,184€316▼ 93.9%
Profit (loss) for the period9904€23,150€721▼ 96.9%
Profit (loss) for the period to be appropriated9905€23,150€721▼ 96.9%
Line20232024Change
Assets
Total assets20/58€33,499€33,684▲ 0.6%
Current assets29/58€33,499€33,684▲ 0.6%
Amounts receivable within one year40/41€33,422€33,174▼ 0.7%
Trade receivables40€3,060€437▼ 85.7%
Other amounts receivable41€30,362€32,737▲ 7.8%
Cash at bank and in hand54/58€77€510▲ 566%
Equity and liabilities
Total equity and liabilities10/49€33,499€33,684▲ 0.6%
Equity10/15€16,150€16,871▲ 4.5%
Contributions10/11€3,000€3,000=
Reserves13€13,150€13,871▲ 5.5%
Distributable reserves133€13,150€13,871▲ 5.5%
Amounts payable17/49€17,349€16,813▼ 3.1%
Amounts payable within one year42/48€17,349€16,813▼ 3.1%
Trade debts44€1,583€2,950▲ 86.3%
Suppliers440/4€1,583€2,950▲ 86.3%
Taxes, remuneration and social security45€5,765€13,863▲ 140%
Taxes450/3€5,765€13,863▲ 140%
Other amounts payable47/48€10,000--
Line20232024Change
Profit (loss) for the period9904€23,150€721▼ 96.9%
Operating cash flow (approximation)€23,150€721▼ 96.9%
Change in cash-€434-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Wavre · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
496 m²
Volume, LiDAR
2,961 m³
Parcel 25006B0420/00D000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
TRANSFORMATION MINDSET
Rue d'Angoussart 79, 1301 WavreBusiness consulting
since 20222.337.614.381
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25006B0420/00D000 Wallonia 1.2 ha 1 · 496 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 82,641 companies in sector 70200 we hold annual accounts for 52,636. 28,780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-10-2022
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793113768
Also 9925:BE0793113768

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.