ACTIVE

C-MIND

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Financial year 2025 · closed on 31/03/2025

Net result

39,1 k €

-29.8% YoY

Gross margin

61,7 k €

-25.1% YoY

Equity

362,9 k €

+12.1% YoY

What does C-MIND do?

C-MIND is a Private limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Zoersel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.700.825

Incorporation

02/09/1996

Legal form

Private limited company

Registered office

Driehoeksdreef 25
2980 Zoersel · FlandreSee on map

Contributed capital

13 039,20 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 74503Other professional, scientific and technical activities 78100Activities of employment placement agencies 78100Activities of employment placement agencies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	61,7 k €	-25.1%	82,4 k €	-3.2%	85,2 k €	+10.1%	77,3 k €	+20.7%	64,1 k €	-7.4%	69,2 k €	+5.6%	65,5 k €	+156%	25,6 k €	-20.4%	32,1 k €	+101%	16 k €	+3.7%	15,4 k €	+43.1%	10,7 k €	+15.3%	9,3 k €	-87.2%	72,5 k €	-10.9%	81,4 k €	+45.8%	55,8 k €	+2.9%	54,3 k €	-27.5%	74,9 k €	+62.7%	46 k €
EBITDA	59,2 k €	-26.4%	80,4 k €	+12.6%	71,4 k €	+32.1%	54 k €	-14.3%	63 k €	-6.5%	67,5 k €	+5.3%	64 k €	+160%	24,6 k €	-18.4%	30,2 k €	+105%	14,7 k €	+3.9%	14,2 k €	+92.9%	7,4 k €	+63.5%	4,5 k €	-92.0%	56,4 k €	-4.6%	59,1 k €	+101%	29,4 k €	-17.5%	35,6 k €	+58.3%	22,5 k €	-12.6%	25,7 k €
Operating result	51,4 k €	-26.7%	70,1 k €	+12.0%	62,6 k €	+37.8%	45,4 k €	+43.3%	31,7 k €	-52.1%	66,1 k €	+3.3%	64 k €	+165%	24,1 k €	-18.7%	29,7 k €	+108%	14,3 k €	+4.1%	13,7 k €	+363%	-5,2 k €	-279%	-1,4 k €	-103%	41,4 k €	+0.3%	41,3 k €	+426%	7,8 k €	+0.9%	7,8 k €	-10.5%	8,7 k €	-27.0%	11,9 k €
Net result	39,1 k €	-29.8%	55,6 k €	+8.4%	51,3 k €	+41.9%	36,2 k €	+30.3%	27,8 k €	-47.1%	52,5 k €	+3.6%	50,7 k €	+142%	21 k €	-22.6%	27,1 k €	+551%	4,2 k €	-62.2%	11 k €	+756%	-1,7 k €	-102%	93,1 k €	+342%	21 k €	-18.9%	25,9 k €	+5466%	466,2 €	-84.6%	3 k €	+25.8%	2,4 k €	-50.1%	4,8 k €
Balance sheet
Equity	362,9 k €	+12.1%	323,8 k €	+20.7%	268,2 k €	-25.1%	357,9 k €	+11.2%	321,7 k €	+9.4%	293,9 k €	+21.8%	241,4 k €	+26.1%	191,5 k €	+12.3%	170,6 k €	+18.9%	143,5 k €	+3.0%	139,3 k €	+8.6%	128,3 k €	-1.3%	130 k €	+252%	36,9 k €	+132%	15,9 k €	-68.2%	49,9 k €	+0.9%	49,5 k €	+6.5%	46,5 k €	+5.5%	44,1 k €
Total assets	369,3 k €	+10.4%	334,5 k €	+8.8%	307,4 k €	-22.0%	394,2 k €	+8.5%	363,5 k €	+7.3%	338,9 k €	+21.6%	278,8 k €	+12.6%	247,5 k €	-16.6%	296,9 k €	+11.3%	266,8 k €	+23.7%	215,8 k €	+8.8%	198,4 k €	+0.6%	197,2 k €	+75.8%	112,2 k €	-18.5%	137,6 k €	-20.9%	173,9 k €	+7.5%	161,8 k €	+4.5%	154,9 k €	-34.6%	236,8 k €
Cash	314,1 k €	+300%	78,6 k €	+99.8%	39,3 k €	-24.0%	51,8 k €	-44.0%	92,4 k €	+224%	28,5 k €	+322%	6,8 k €	-46.7%	12,7 k €	-18.9%	15,6 k €	-14.1%	18,2 k €	+1260%	1,3 k €	-93.5%	20,5 k €	-8.1%	22,3 k €	+71.0%	13 k €	+6.0%	12,3 k €	+18.3%	10,4 k €	-32.4%	15,4 k €	+434%	2,9 k €	-75.7%	11,9 k €
Debts	5,6 k €	-47.4%	10,6 k €	-72.9%	39,2 k €	+7.9%	36,3 k €	-13.1%	41,8 k €	-7.0%	44,9 k €	+20.3%	37,3 k €	-33.3%	56 k €	-55.7%	126,3 k €	+2.4%	123,3 k €	+387%	25,3 k €	+35.0%	18,8 k €	+17.8%	15,9 k €	-78.6%	74,4 k €	-38.9%	121,7 k €	-1.8%	123,9 k €	+10.3%	112,3 k €	+3.6%	108,4 k €	-43.8%	192,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	-62.5%	1,6 ETP	+60.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 1 ended

Active mandates

Koen Verhelst

Director

Active

Ended mandates

Koen Verhelst

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/10/2025	03/10/2024	27/09/2023	30/09/2022	30/09/2021	30/09/2020
General meeting	24/09/2025	04/09/2024	06/09/2023	07/09/2022	01/09/2021	02/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	24/09/2025	01/10/2025	Dutch	PDF
Micro model	31/03/2024	04/09/2024	03/10/2024	Dutch	PDF
Micro model	31/03/2023	06/09/2023	27/09/2023	Dutch	PDF
Micro model	31/03/2022	07/09/2022	30/09/2022	Dutch	PDF
Micro model	31/03/2021	01/09/2021	30/09/2021	Dutch	PDF
Micro model	31/03/2020	02/09/2020	30/09/2020	Dutch	PDF
Micro model	31/03/2019	04/09/2019	30/09/2019	Dutch	PDF
Micro model	31/03/2018	05/09/2018	28/09/2018	Dutch	PDF
Micro model	31/03/2017	06/09/2017	27/09/2017	Dutch	PDF
Abridged model	31/03/2016	07/09/2016	27/09/2016	Dutch	PDF
Abridged model	31/03/2015	02/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	03/09/2014	10/10/2014	Dutch	PDF
Abridged model	31/03/2013	04/09/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	05/09/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	07/09/2011	27/10/2011	Dutch	PDF
Abridged model	31/03/2010	01/09/2010	29/10/2010	Dutch	PDF
Abridged model	31/03/2009	02/09/2009	28/09/2009	Dutch	PDF
Abridged model	31/03/2008	05/09/2008	30/10/2008	Dutch	PDF
Abridged model	31/03/2007	05/09/2007	01/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/03/2025 · 1 active · 1 ended

Active mandates

Koen Verhelst

Director

Active

Ended mandates

Koen Verhelst

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/04/2009
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares25/01/2005
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/01/2003
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 202539,1 k €↓
2024
Annual accounts 202455,6 k €↑
2023
Annual accounts 202351,3 k €↑
2022
Annual accounts 202236,2 k €↑
2021
Annual accounts 202127,8 k €↓
2020
Annual accounts 202052,5 k €↑
2019
Annual accounts 201950,7 k €↑
2018
Annual accounts 201821 k €↓
2017
Annual accounts 201727,1 k €↑
2016
Annual accounts 20164,2 k €↓
2015
Annual accounts 201511 k €↑
2014
Annual accounts 2014-1,7 k €↓
2013
Annual accounts 201393,1 k €↑
2012
Annual accounts 201221 k €↓
2011
Annual accounts 201125,9 k €↑
2010
Annual accounts 2010466,2 €↓
2009
Annual accounts 20093 k €↑
2008
Annual accounts 20082,4 k €↓
2007
Annual accounts 20074,8 k €
02/09/1996
IncorporationPrivate 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

C-MIND

Overview

What does C-MIND do?

Trend over 19 financial years

Indicative valuation

Board of directors

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