ACTIVE

FRID MIND TECHNOLOGIES

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Financial year 2025 · closed on 31/12/2025
Net result
-75,0 k €
+57.4% YoY
Gross margin
37,1 k €
+157.3% YoY
Equity
817,2 k €
-8.4% YoY

What does FRID MIND TECHNOLOGIES do?

FRID MIND TECHNOLOGIES is a Public limited company incorporated in 2015. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Charleroi.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0633.845.708
Incorporation
15/07/2015
Legal form
Public limited company
Registered office
Rue Gaston Durvaux 52 box 14
6043 Charleroi · WallonieSee on map
Contributed capital
3 706 196,00 €
Latest accounts
31/12/2025
Activities (NACE)
72101Research and experimental development on natural sciences and engineering· main72110Research and experimental development on biotechnology46150Agents involved in the sale of furniture, household goods, hardware and ironmongery46150Agents involved in the sale of furniture, household goods, hardware and ironmongery
Joint committees (4)
  • 100
  • 1000
  • 200
  • 2000
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin37,1 k €-64,9 k €-13,0 k €-21,6 k €-70,2 k €148,2 k €95,2 k €33,5 k €
EBITDA-38,0 k €-83,1 k €-24,0 k €-41,3 k €-151,1 k €-87,9 k €-119,0 k €-23,2 k €
Operating result-81,0 k €-176,8 k €-249,3 k €-374,7 k €-647,3 k €-500,8 k €-363,7 k €-87,9 k €
Net result-75,0 k €-176,1 k €-174,8 k €-253,0 k €-517,8 k €-411,1 k €-308,7 k €-88,3 k €
Balance sheet
Equity817,2 k €892,2 k €1,1 M €801,0 k €1,2 M €2,6 M €3,0 M €3,1 M €
Total assets1,2 M €1,1 M €1,3 M €1,2 M €1,6 M €2,8 M €3,2 M €3,1 M €
Cash16,1 k €1,6 k €132,7 k €3,4 k €40,4 k €250,1 k €1,3 M €2,7 M €
Debts319,7 k €195,3 k €213,0 k €428,8 k €382,4 k €168,2 k €246,4 k €15,7 k €
Other
Workforce–––––2,1 ETP2,1 ETP0,7 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 31/12/2025 · 3 active · 20 ended

Active mandates

HENDBOEG et Co

Director · since 30 juin 2023 · until 30 juin 2029 · 0441.868.652

Represented by Christian HENDBOEG

Active
Noureddine Frid

Managing director · since 30 juin 2023 · until 30 juin 2029

Active
Christiaan Delporte

Director · since 22 mai 2023 · until 22 mai 2029

Active

Ended mandates

Marc Nolet de Brauwere

Director · since 30 juin 2023 · until 30 juin 2029

Ended
Pierre Lefebvre

Director · since 30 juin 2023 · until 30 juin 2029

Ended
René-Pierre Azria

Director · since 30 juin 2023 · until 30 juin 2029

Ended
HENDBOEG et Co

Director · since 30 juin 2017 · until 30 juin 2023 · 0441.868.652

Represented by Christian HENDBOEG

Ended
At this address

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B M A● Active
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C2 PROJECTS● Active
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CGN INVEST● Active
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CWB BELGIUM● Liquidation
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DEPANFENETRES● Bankrupt
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FH-FINITIONS● Active
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RACSO● Active
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SUPRA BUILD● Active
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TAXI EUROPE & EUROMOBILITY● Active
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VB PROPERTIES● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date22/07/202629/08/202509/07/202413/07/202328/07/202213/08/2021
General meeting20/07/202628/08/202528/06/202430/06/202317/06/202215/07/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/07/202622/07/2026FrenchPDF
Micro model31/12/202428/08/202529/08/2025FrenchPDF
Micro model31/12/202328/06/202409/07/2024FrenchPDF
Micro model31/12/202230/06/202313/07/2023FrenchPDF
Micro model31/12/202117/06/202228/07/2022FrenchPDF
Micro model31/12/202015/07/202113/08/2021FrenchPDF
Micro model31/12/201904/12/202011/12/2020FrenchPDF
Abridged model31/12/201828/06/201908/07/2019FrenchPDF
Abridged model31/12/201722/06/201813/07/2018FrenchPDF
Abridged model31/12/201630/06/201717/07/2017FrenchPDF
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 31/12/2025 · 3 active · 20 ended

Active mandates

HENDBOEG et Co

Director · since 30 juin 2023 · until 30 juin 2029 · 0441.868.652

Represented by Christian HENDBOEG

Active
Noureddine Frid

Managing director · since 30 juin 2023 · until 30 juin 2029

Active
Christiaan Delporte

Director · since 22 mai 2023 · until 22 mai 2029

Active

Ended mandates

Marc Nolet de Brauwere

Director · since 30 juin 2023 · until 30 juin 2029

Ended
Pierre Lefebvre

Director · since 30 juin 2023 · until 30 juin 2029

Ended
René-Pierre Azria

Director · since 30 juin 2023 · until 30 juin 2029

Ended
HENDBOEG et Co

Director · since 30 juin 2017 · until 30 juin 2023 · 0441.868.652

Represented by Christian HENDBOEG

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/05/2023
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates11/01/2016
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other17/07/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-75,0 k €↑
  2. 2024
    Annual accounts 2024-176,1 k €↓
  3. 2023
    Annual accounts 2023-174,8 k €↑
  4. 2022
    Annual accounts 2022-253,0 k €↑
  5. 2021
    Annual accounts 2021-517,8 k €↓
  6. 2018
    Annual accounts 2018-411,1 k €↓
  7. 2017
    Annual accounts 2017-308,7 k €↓
  8. 2016
    Annual accounts 2016-88,3 k €
  9. 15/07/2015
    IncorporationPublic limited company