ACTIVE

MINDSTRETCH

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Financial year 2025 · closed on 31/12/2025

Net result

4 k €

+100.7% YoY

Gross margin

540,1 k €

+27650.7% YoY

Equity

229,4 k €

+1.8% YoY

Workforce

0,0 ETP

What does MINDSTRETCH do?

MINDSTRETCH is a Public limited company incorporated in 1973. Its main activity is: Management consultancy activities. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.986.804

Incorporation

24/02/1973

Legal form

Public limited company

Registered office

Klapstraat 57
9831 Sint-Martens-Latem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 85599Other education n.e.c.85599Other education n.e.c.

Joint committees (5)

100
1000
200
2000
218

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	540,1 k €	+27651%	1,9 k €	-89.8%	19 k €	-11.7%	21,5 k €	-72.1%	77,1 k €	-28.9%	108,4 k €	+2.7%	105,5 k €	-49.4%	208,3 k €	-20.6%	262,4 k €	+18.7%	221 k €	-3.4%	228,7 k €	+82.6%	125,3 k €	-12.5%	143,2 k €	-44.8%	259,2 k €	+22.9%	210,9 k €	-26.1%	285,3 k €	+88.8%	151,1 k €	-48.1%	291,3 k €
EBITDA	35,8 k €	+107%	-501,5 k €	-3305%	15,6 k €	+84.9%	8,5 k €	-87.3%	66,4 k €	-4.3%	69,4 k €	+4.7%	66,3 k €	-60.5%	167,9 k €	-24.9%	223,5 k €	+26.2%	177,2 k €	-1.9%	180,7 k €	+128%	79,1 k €	-30.2%	113,4 k €	-47.2%	214,8 k €	+14.5%	187,6 k €	-30.6%	270,2 k €	+108%	130,2 k €	-49.9%	260,1 k €
Operating result	4,1 k €	+101%	-533,7 k €	-2934%	-17,6 k €	+27.4%	-24,2 k €	-184%	28,9 k €	-17.3%	35 k €	+104%	17,1 k €	-85.6%	119,1 k €	-29.4%	168,8 k €	+25.0%	135,1 k €	-2.5%	138,5 k €	+241%	40,6 k €	-38.8%	66,3 k €	-56.0%	150,7 k €	+47.4%	102,2 k €	-32.2%	150,8 k €	+7754%	1,9 k €	-98.9%	171,3 k €
Net result	4 k €	+101%	-534,5 k €	-2641%	-19,5 k €	+32.3%	-28,8 k €	-257%	18,3 k €	-18.3%	22,4 k €	+403%	-7,4 k €	-109%	81,5 k €	-27.3%	112 k €	+22.4%	91,5 k €	-2.3%	93,7 k €	+917%	-11,5 k €	-3032%	390,9 €	-99.3%	58,5 k €	+631%	8 k €	-18.5%	9,8 k €	+127%	-36,4 k €	-194%	38,6 k €
Balance sheet
Equity	229,4 k €	+1.8%	225,4 k €	-20.2%	282,6 k €	-6.5%	302,1 k €	-8.7%	330,9 k €	-11.2%	372,8 k €	+6.4%	350,4 k €	-2.1%	357,8 k €	+1.8%	351,3 k €	+6.7%	329,3 k €	+0.5%	327,8 k €	+0.5%	326,1 k €	-3.4%	337,6 k €	+0.1%	337,2 k €	-49.8%	671,5 k €	+2.9%	652,6 k €	-0.5%	655,8 k €	-7.0%	705,3 k €
Total assets	1,3 M €	-11.8%	1,5 M €	+48.1%	1 M €	-0.8%	1 M €	-4.4%	1,1 M €	-7.9%	1,2 M €	-0.9%	1,2 M €	-4.0%	1,2 M €	-8.3%	1,3 M €	+11.1%	1,2 M €	-1.1%	1,2 M €	-1.5%	1,2 M €	-4.6%	1,3 M €	-14.7%	1,5 M €	-1.0%	1,5 M €	-26.3%	2,1 M €	+1.6%	2,1 M €	-3.6%	2,1 M €
Cash	8,6 k €	-30.8%	12,4 k €	+31439%	39,5 €	-99.7%	14,2 k €	-66.3%	42 k €	-13.0%	48,3 k €	-16.9%	58,1 k €	-31.0%	84,2 k €	-30.4%	121,1 k €	+235%	36,1 k €	-19.6%	44,9 k €	+25.3%	35,9 k €	-56.2%	81,9 k €	+19.7%	68,4 k €	+852%	7,2 k €	+2596%	266,6 €	-99.6%	74,7 k €	+384%	15,4 k €
Debts	1,1 M €	+40.3%	787,3 k €	+6.5%	739 k €	+1.5%	727,9 k €	-2.4%	746,1 k €	-5.3%	787,8 k €	+14.2%	690,1 k €	+3.2%	668,6 k €	-19.8%	834 k €	+9.6%	761 k €	-14.0%	884,7 k €	-2.3%	905,2 k €	-5.0%	953,1 k €	-19.6%	1,2 M €	+36.8%	865,9 k €	-39.6%	1,4 M €	+2.6%	1,4 M €	-1.9%	1,4 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Freddy Hamerlinck

Director · since 20 octobre 2023 · until 31 décembre 2028

Active

Ended mandates

Gudrun Raemdonck

Director · since 28 août 2023 · until 31 décembre 2028

Ended

Freddy Hamerlinck

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Freddy Hamerlinck

Managing director · since 26 mai 2017 · until 26 mai 2023

Ended

Gudrun Raemdonck

Director · since 26 mai 2017 · until 26 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
MINDSCAN● Active	0671.821.802

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	25/07/2025	26/08/2024	28/08/2023	25/08/2022	27/08/2021
General meeting	24/06/2026	16/07/2025	31/07/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	16/07/2025	25/07/2025	Dutch	PDF
Micro model	31/12/2023	31/07/2024	26/08/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	25/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	31/10/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Freddy Hamerlinck

Director · since 20 octobre 2023 · until 31 décembre 2028

Active

Ended mandates

Gudrun Raemdonck

Director · since 28 août 2023 · until 31 décembre 2028

Ended

Freddy Hamerlinck

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Freddy Hamerlinck

Managing director · since 26 mai 2017 · until 26 mai 2023

Ended

Gudrun Raemdonck

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/09/2026
ZETEL
PDF
Mandates07/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2015
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/08/2003
KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254 k €↑
2024
Annual accounts 2024-534,5 k €↓
2023
Annual accounts 2023-19,5 k €↑
2022
Annual accounts 2022-28,8 k €↓
2021
Annual accounts 202118,3 k €↓
2018
Annual accounts 201822,4 k €↑
2017
Annual accounts 2017-7,4 k €↓
2016
Annual accounts 201681,5 k €↓
2015
Annual accounts 2015112 k €↑
2014
Annual accounts 201491,5 k €↓
2013
Annual accounts 201393,7 k €↑
2012
Annual accounts 2012-11,5 k €↓
2011
Annual accounts 2011390,9 €↓
2010
Annual accounts 201058,5 k €↑
2009
Annual accounts 20098 k €↓
2008
Annual accounts 20089,8 k €↑
2007
Annual accounts 2007-36,4 k €↓
2006
Annual accounts 200638,6 k €
24/02/1973
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MINDSTRETCH

Overview

What does MINDSTRETCH do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline