ACTIVE

MINDSHIFT

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Financial year 2025 · closed on 31/12/2025
Net result
83,8 k €
-34.1% YoY
Gross margin
137,6 k €
-30.0% YoY
Equity
896,9 k €
+10.3% YoY

What does MINDSHIFT do?

MINDSHIFT is a Private limited company incorporated in 2001. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0474.443.331
Incorporation
28/03/2001
Legal form
Private limited company
Registered office
Oostmolenstraat 74
9880 Aalter · FlandreSee on map
Contributed capital
186 666,67 €
Latest accounts
31/12/2025
Activities (NACE)
74879Other professional, scientific and technical activities· main82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.64200Activities of holding companies64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin137,6 k €196,4 k €238,3 k €202,1 k €129,7 k €130,3 k €128,5 k €171,1 k €13,5 k €71,9 k €88,1 k €89,9 k €96,7 k €68,1 k €52,1 k €44,0 k €41,6 k €22,7 k €64,8 k €81,4 k €
EBITDA133,4 k €193,0 k €234,3 k €173,7 k €126,4 k €125,0 k €126,3 k €114,0 k €7,7 k €71,2 k €87,2 k €89,0 k €93,4 k €65,5 k €46,6 k €40,4 k €37,1 k €18,3 k €59,9 k €77,4 k €
Operating result116,1 k €177,6 k €218,6 k €184,1 k €115,2 k €113,5 k €88,3 k €141,8 k €-290,1 €63,7 k €80,9 k €79,0 k €83,6 k €47,2 k €1,9 k €2,5 k €-374,7 €9,0 k €51,1 k €62,5 k €
Net result83,8 k €127,2 k €152,5 k €127,0 k €80,8 k €71,8 k €65,3 k €96,2 k €-1,9 k €44,9 k €47,2 k €51,5 k €53,1 k €30,0 k €-673,6 €-586,0 €-5,6 k €2,6 k €32,5 k €40,6 k €
Balance sheet
Equity896,9 k €813,1 k €782,1 k €629,6 k €531,6 k €510,5 k €264,7 k €223,5 k €152,3 k €154,2 k €125,3 k €91,7 k €60,2 k €34,1 k €54,1 k €74,7 k €84,3 k €96,9 k €96,0 k €65,1 k €
Total assets982,2 k €910,7 k €899,1 k €763,4 k €677,1 k €670,8 k €427,5 k €391,3 k €190,4 k €219,1 k €180,8 k €162,3 k €144,4 k €189,1 k €198,6 k €189,7 k €206,6 k €236,0 k €238,1 k €224,2 k €
Cash26,7 k €50,9 k €34,0 k €19,2 k €65,3 k €45,3 k €12,4 k €15,1 k €26,5 k €16,6 k €16,0 k €17,1 k €22,6 k €11,0 k €8,6 k €15,4 k €13,9 k €4,1 k €310,4 €13,4 k €
Debts55,3 k €67,6 k €87,0 k €103,8 k €115,6 k €130,3 k €132,8 k €137,6 k €8,1 k €34,6 k €25,4 k €40,6 k €54,1 k €125,0 k €114,5 k €85,4 k €95,2 k €113,0 k €118,1 k €136,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Anne Marie De Cocker

Director · since 30 janvier 2020

Active
Dirk Salens

Director · since 30 janvier 2020

Active

Ended mandates

Anne-Marie De Cocker

Manager · since 01 avril 2015

Ended
Marie De Cocker Anne

Manager · since 01 avril 2015

Ended
Dirk Salens

Manager · since 21 mars 2001

Ended
Dirk Salens

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202615/07/202525/07/202410/07/202326/07/202216/06/2021
General meeting16/05/202617/05/202521/05/202420/05/202321/05/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/05/202613/07/2026DutchPDF
Abridged model31/12/202417/05/202515/07/2025DutchPDF
Abridged model31/12/202321/05/202425/07/2024DutchPDF
Abridged model31/12/202220/05/202310/07/2023DutchPDF
Abridged model31/12/202121/05/202226/07/2022DutchPDF
Abridged model31/12/202015/05/202116/06/2021DutchPDF
Abridged model31/12/201916/05/202002/06/2020DutchPDF
Abridged model31/12/201818/05/201905/06/2019DutchPDF
Abridged model31/12/201719/05/201826/06/2018DutchPDF
Abridged model31/12/201620/05/201710/07/2017DutchPDF
Abridged model31/12/201521/05/201624/05/2016DutchPDF
Abridged model31/12/201416/05/201519/05/2015DutchPDF
Abridged model31/12/201331/03/201426/05/2014DutchPDF
Abridged model31/12/201218/05/201305/06/2013DutchPDF
Abridged model31/12/201119/05/201205/06/2012DutchPDF
Abridged model31/12/201021/05/201123/05/2011DutchPDF
Abridged model31/12/200915/05/201017/05/2010DutchPDF
Abridged model31/12/200816/05/200918/05/2009DutchPDF
Abridged model31/12/200717/05/200819/05/2008DutchPDF
Abridged model31/12/200619/05/200721/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 4 ended

Active mandates

Anne Marie De Cocker

Director · since 30 janvier 2020

Active
Dirk Salens

Director · since 30 janvier 2020

Active

Ended mandates

Anne-Marie De Cocker

Manager · since 01 avril 2015

Ended
Marie De Cocker Anne

Manager · since 01 avril 2015

Ended
Dirk Salens

Manager · since 21 mars 2001

Ended
Dirk Salens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2015
    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

Timeline

  1. 2025
    Annual accounts 202583,8 k €↓
  2. 2024
    Annual accounts 2024127,2 k €↓
  3. 2023
    Annual accounts 2023152,5 k €↑
  4. 2022
    Annual accounts 2022127,0 k €↑
  5. 2021
    Annual accounts 202180,8 k €↑
  6. 2020
    Annual accounts 202071,8 k €↑
  7. 2019
    Annual accounts 201965,3 k €↓
  8. 2018
    Annual accounts 201896,2 k €↑
  9. 2017
    Annual accounts 2017-1,9 k €↓
  10. 2016
    Annual accounts 201644,9 k €↓
  11. 2015
    Annual accounts 201547,2 k €↓
  12. 2014
    Annual accounts 201451,5 k €↓
  13. 2013
    Annual accounts 201353,1 k €↑
  14. 2012
    Annual accounts 201230,0 k €↑
  15. 2011
    Annual accounts 2011-673,6 €↓
  16. 2010
    Annual accounts 2010-586,0 €↑
  17. 2009
    Annual accounts 2009-5,6 k €↓
  18. 2008
    Annual accounts 20082,6 k €↓
  19. 2007
    Annual accounts 200732,5 k €↓
  20. 2006
    Annual accounts 200640,6 k €
  21. 28/03/2001
    IncorporationPrivate limited company