ACTIVE

MIND SERVER

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

5,6 M €

+6826.6% YoY

Gross margin

-47,3 k €

-144.8% YoY

Equity

5 M €

+6940.6% YoY

What does MIND SERVER do?

MIND SERVER is a Private limited company incorporated in 1997. Its main activity is: Computer programming activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.900.943

Incorporation

25/06/1997

Legal form

Private limited company

Registered office

Napelsstraat 67 box 42
2000 Antwerpen · FlandreSee on map

Contributed capital

8 998,53 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-47,3 k €	-145%	105,5 k €	+4.8%	100,7 k €	+17.9%	85,4 k €	+209%	27,7 k €	-27.4%	38,1 k €	+0.6%	37,9 k €	-3.7%	39,3 k €	+7.9%	36,4 k €	-11.1%	41 k €	+9.8%	37,3 k €	-26.1%	50,5 k €	+5.7%	47,8 k €	+7.2%	44,6 k €	-37.1%	70,9 k €	-8.2%	77,2 k €	-27.9%	107,1 k €	+26.2%	84,9 k €	-21.1%	107,6 k €	+8.1%	99,6 k €
EBITDA	-50,7 k €	-148%	104,8 k €	+4.7%	100,1 k €	+17.9%	84,9 k €	+213%	27,2 k €	-27.7%	37,6 k €	+2.4%	36,7 k €	-2.5%	37,6 k €	+8.0%	34,9 k €	-10.4%	38,9 k €	+33.3%	29,2 k €	+80.5%	16,2 k €	+47.0%	11 k €	+51.5%	7,3 k €	-78.5%	33,8 k €	-31.6%	49,4 k €	-34.0%	74,8 k €	+40.1%	53,4 k €	-29.8%	76,1 k €	+10.2%	69,1 k €
Operating result	-53,6 k €	-151%	104,5 k €	+4.7%	99,7 k €	+17.8%	84,7 k €	+214%	27 k €	-27.9%	37,4 k €	+2.3%	36,5 k €	-2.3%	37,4 k €	+8.8%	34,4 k €	-11.0%	38,6 k €	+33.7%	28,9 k €	+110%	13,8 k €	+84.9%	7,4 k €	+267%	2 k €	-92.7%	27,8 k €	-36.2%	43,5 k €	-39.5%	72 k €	+66.0%	43,4 k €	-34.3%	66 k €	+11.8%	59,1 k €
Net result	5,6 M €	+6827%	81,3 k €	+15.0%	70,7 k €	+17.0%	60,5 k €	+229%	18,4 k €	-31.5%	26,8 k €	-11.4%	30,3 k €	+15.7%	26,2 k €	+20.4%	21,7 k €	-27.1%	29,8 k €	+50.4%	19,8 k €	+64.4%	12 k €	+109%	5,8 k €	+105%	2,8 k €	-87.3%	22,2 k €	-27.1%	30,5 k €	-37.6%	48,9 k €	+60.5%	30,4 k €	-32.7%	45,2 k €	+6.8%	42,3 k €
Balance sheet
Equity	5 M €	+6941%	70,9 k €	-52.5%	149 k €	-57.6%	351,2 k €	+20.8%	290,7 k €	+6.7%	272,4 k €	+10.9%	245,6 k €	+14.1%	215,3 k €	0.0%	215,3 k €	0.0%	215,3 k €	0.0%	215,3 k €	0.0%	215,3 k €	0.0%	215,3 k €	+2.7%	209,5 k €	+1.4%	206,7 k €	+12.0%	184,5 k €	0.0%	184,5 k €	0.0%	184,5 k €	+19.8%	154,1 k €	-9.1%	169,4 k €
Total assets	6 M €	+2548%	228 k €	+9.3%	208,6 k €	-45.9%	385,8 k €	+24.6%	309,6 k €	+9.0%	284 k €	+10.2%	257,6 k €	+2.6%	251,1 k €	-3.1%	259,1 k €	+2.2%	253,4 k €	+0.5%	252 k €	+3.8%	242,8 k €	+6.4%	228,1 k €	+1.5%	224,7 k €	-8.3%	245,1 k €	-5.2%	258,6 k €	-1.0%	261,2 k €	+26.0%	207,3 k €	-13.3%	239,1 k €	+20.3%	198,8 k €
Cash	3,6 M €	+2256%	151,5 k €	+14.9%	131,9 k €	-49.3%	260,3 k €	+179%	93,3 k €	+60.5%	58,1 k €	+113%	27,3 k €	+69.4%	16,1 k €	+137%	6,8 k €	-37.3%	10,8 k €	+24.0%	8,7 k €	+13.7%	7,7 k €	-63.7%	21,1 k €	-63.4%	57,8 k €	-48.2%	111,5 k €	-19.2%	138,1 k €	-21.8%	176,4 k €	+62.2%	108,8 k €	+1.4%	107,3 k €	+36.5%	78,6 k €
Debts	1,1 M €	+568%	157,1 k €	+164%	59,6 k €	+72.1%	34,6 k €	+83.8%	18,8 k €	+61.9%	11,6 k €	-3.4%	12 k €	-66.4%	35,8 k €	-18.1%	43,7 k €	+14.9%	38,1 k €	+3.8%	36,7 k €	+33.7%	27,4 k €	+114%	12,8 k €	-12.2%	14,6 k €	-61.9%	38,3 k €	-48.3%	74,1 k €	-3.4%	76,7 k €	+238%	22,7 k €	-73.3%	85 k €	+189%	29,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,1 ETP	-90.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

SERGE PALMERS

Manager

Active

Ended mandates

Serge Palmers

Director

Ended

SERGE PALMERS

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
MD Technical Consulting● Active	1005.216.938

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	01/01/2025	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	16/07/2026	03/06/2025	14/06/2024	31/07/2023	21/07/2022	27/07/2021
General meeting	30/06/2026	27/05/2025	23/05/2024	27/06/2023	28/06/2022	29/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Micro model	31/12/2024	27/05/2025	03/06/2025	Dutch	PDF
Micro model	31/12/2023	23/05/2024	14/06/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	21/07/2022	Dutch	PDF
Micro model	31/12/2020	29/06/2021	27/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	26/06/2018	24/07/2018	Dutch	PDF
Micro model	31/12/2016	28/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/07/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	02/08/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	08/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 1 active · 2 ended

Active mandates

SERGE PALMERS

Manager

Active

Ended mandates

Serge Palmers

Director

Ended

SERGE PALMERS

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/02/2014
MAATSCHAPPELIJKE ZETEL
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 20255,6 M €↑
2024
Annual accounts 202481,3 k €↑
2023
Annual accounts 202370,7 k €↑
2022
Annual accounts 202260,5 k €↑
2021
Annual accounts 202118,4 k €↓
2021
Name changeMindServer
2020
Annual accounts 202026,8 k €↓
2019
Annual accounts 201930,3 k €↑
2018
Annual accounts 201826,2 k €↑
2017
Annual accounts 201721,7 k €↓
2016
Annual accounts 201629,8 k €↑
2015
Annual accounts 201519,8 k €↑
2014
Annual accounts 201412 k €↑
2013
Annual accounts 20135,8 k €↑
2012
Annual accounts 20122,8 k €↓
2011
Annual accounts 201122,2 k €↓
2010
Annual accounts 201030,5 k €↓
2009
Annual accounts 200948,9 k €↑
2008
Annual accounts 200830,4 k €↓
2007
Annual accounts 200745,2 k €↑
2006
Annual accounts 200642,3 k €
2006
Name changeMIND SERVER
25/06/1997
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

MIND SERVER

Overview

What does MIND SERVER do?

Trend over 20 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