ACTIVE

MINDBYTES

Financial year 2025 · closed on 31/03/2025
Net result
33,3 k €
-79.5% YoY
Gross margin
117,3 k €
-47.1% YoY
Equity
889,6 k €
+3.9% YoY
Workforce
0,0 ETP

What does MINDBYTES do?

MINDBYTES is a Private company with limited liability incorporated in 2014. Its main activity is: Other software publishing. Its registered office is in Merksplas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0550.487.767
Incorporation
01/04/2014
Legal form
Private company with limited liability
Registered office
Schoondreef 7
2330 Merksplas · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin117,3 k €221,9 k €130,3 k €490,7 k €559,8 k €-97,3 k €50,7 k €125,6 k €66,6 k €236,3 k €164,5 k €
EBITDA116,7 k €221,3 k €128,6 k €489,6 k €558,9 k €-98,8 k €9,3 k €-36,4 k €-161,2 k €91,4 k €145,6 k €
Operating result40,8 k €190,2 k €116,3 k €486,8 k €558,1 k €-103,6 k €-16,1 k €-61,1 k €-186,0 k €67,2 k €125,6 k €
Net result33,3 k €162,2 k €105,8 k €385,6 k €556,7 k €-101,8 k €-17,6 k €-66,5 k €-187,4 k €39,6 k €73,9 k €
Balance sheet
Equity889,6 k €856,3 k €694,1 k €588,3 k €235,5 k €-250,1 k €-148,3 k €-130,7 k €-64,3 k €125,8 k €86,3 k €
Total assets1,6 M €911,9 k €863,0 k €778,4 k €350,3 k €312,4 k €89,6 k €155,4 k €263,6 k €444,5 k €335,5 k €
Cash2,2 k €2,1 k €129,4 k €39,9 k €101,2 k €50,6 k €66,3 k €21,2 k €46,9 k €125,8 k €160,8 k €
Debts674,3 k €55,3 k €168,8 k €190,1 k €114,8 k €556,4 k €235,4 k €286,1 k €302,7 k €317,9 k €240,2 k €
Other
Workforce0,0 ETP3,5 ETP3,1 ETP3,4 ETP2,0 ETP
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 31/03/2025 · 1 active · 3 ended

Active mandates

Geert Vander Stichele

Director · since 01 avril 2014

Active

Ended mandates

Geert Vander Stichele

Director · since 09 avril 2014

Ended
Geert Vander Stichele

Administrator - manager · since 09 avril 2014

Ended
Geert Vander Stichele

Manager · since 09 avril 2014

Ended
At this address

Other companies at this address

CompanyCBE no.
0476.872.091
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202513/11/202413/12/202302/11/202229/10/202130/11/2020
General meeting29/09/202528/10/202427/11/202317/10/202230/09/202128/09/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202529/09/202531/10/2025DutchPDF
Micro model31/03/202428/10/202413/11/2024DutchPDF
Micro model31/03/202327/11/202313/12/2023DutchPDF
Micro model31/03/202217/10/202202/11/2022DutchPDF
Micro model31/03/202130/09/202129/10/2021DutchPDF
Micro model31/03/202028/09/202030/11/2020DutchPDF
Micro model31/03/201930/09/201929/11/2019DutchPDF
Abridged model31/03/201824/09/201830/10/2018DutchPDF
Abridged model31/03/201725/09/201731/10/2017DutchPDF
Abridged model31/03/201626/09/201609/11/2016DutchPDF
Abridged model31/03/201528/09/201502/11/2015DutchPDF
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 31/03/2025 · 1 active · 3 ended

Active mandates

Geert Vander Stichele

Director · since 01 avril 2014

Active

Ended mandates

Geert Vander Stichele

Director · since 09 avril 2014

Ended
Geert Vander Stichele

Administrator - manager · since 09 avril 2014

Ended
Geert Vander Stichele

Manager · since 09 avril 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/04/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202533,3 k €
  2. 2024
    Annual accounts 2024162,2 k €
  3. 2023
    Annual accounts 2023105,8 k €
  4. 2022
    Annual accounts 2022385,6 k €
  5. 2021
    Annual accounts 2021556,7 k €
  6. 2020
    Annual accounts 2020-101,8 k €
  7. 2019
    Annual accounts 2019-17,6 k €
  8. 2018
    Annual accounts 2018-66,5 k €
  9. 2017
    Annual accounts 2017-187,4 k €
  10. 2016
    Annual accounts 201639,6 k €
  11. 2015
    Annual accounts 201573,9 k €
  12. 01/04/2014
    IncorporationPrivate company with limited liability