MindWave Group
0690.994.544 · rovalta.com · 10/11/2026
ACTIVE
MindWave Group
Financial year 2025 · Closed on 31/12/2025
Net result171 k €+74,8 %over 1 year
Gross margin128,2 k €+22,3 %over 1 year
Equity246,7 k €0,0 %over 1 year
Workforce1,2 ETP0,0 %over 1 year
Overview
Identity
Source · BCE/KBOMindWave Group is a Private limited company incorporated in 2018. Its main activity is: Computer consultancy activities. Its registered office is in Leuven. It employs on average 1,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0690.994.544
- Incorporation
- 27/02/2018
- Legal form
- Private limited company
- Registered office
- Sluisstraat 79 box 3.1
3000 Leuven · FlandreSee on map - Contributed capital
- 60 500,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 1,2 ETP
Activities (NACE)
Joint committees (4)
- 100
- 1000
- 200
- 2000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 8 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 128,2 k € | +22.3% | 104,8 k € | -5.2% | 110,5 k € | -6.0% | 117,6 k € | -39.7% | 195,1 k € |
| EBITDA | 44 k € | +47.2% | 29,9 k € | +736% | 3,6 k € | +1958% | 173,6 € | -99.5% | 37,2 k € |
| Operating result | 42,5 k € | +54.1% | 27,6 k € | +3712% | -764,2 € | +74.4% | -3 k € | -110% | 28,7 k € |
| Net result | 171 k € | +74.8% | 97,8 k € | +10.2% | 88,7 k € | +1183% | -8,2 k € | -150% | 16,3 k € |
| Balance sheet | |||||||||
| Equity | 246,7 k € | 0.0% | 246,7 k € | 0.0% | 246,7 k € | 0.0% | 246,7 k € | -3.2% | 254,9 k € |
| Total assets | 1,1 M € | +5.2% | 1,1 M € | +20.9% | 899,4 k € | -9.3% | 991,1 k € | +27.1% | 779,5 k € |
| Cash | 577,5 k € | +18.0% | 489,6 k € | +87.5% | 261 k € | -19.3% | 323,6 k € | +3.2% | 313,6 k € |
| Debts | 896,9 k € | +6.7% | 840,5 k € | +28.8% | 652,5 k € | -12.3% | 744,4 k € | +41.9% | 524,6 k € |
| Other | |||||||||
| Workforce | 1,2 ETP | 0.0% | 1,2 ETP | -7.7% | 1,3 ETP | -35.0% | 2,0 ETP | -20.0% | 2,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 23/02/2018 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Steven Nagels | Director04/07/2019 → 2021 accounts | ||
| Director23/02/2018 → 2018 accounts |
Other companies at this address
Sluisstraat 79 3000 Leuven| Company | CBE no. |
|---|---|
Administratiekantoor InvestSuite● Active | 0751.900.844 |
ALTERA● Active | 0453.835.878 |
AXELERA AI● Active | 0775.847.867 |
Belfort Labs● Active | 1021.971.016 |
BrainPhonics● Active | 1013.011.877 |
BUUR-LATZ-GREISCH-SWP● Active | 0746.529.915 |
CoreFlow Technology● Active | 1038.721.431 |
Covatrax● Active | 1044.133.536 |
Covatrax Maatschap● Active | 1043.926.173 |
De Hoorn Grand Café● Active | 0561.775.993 |
De Hoorn X● Active | 0849.014.076 |
DEN HOORN● Active | 0893.884.296 |
DEONTIC● Active | 0794.799.390 |
ELPNetwork ADVISORY SERVICES● Active | 0687.891.237 |
EUMMENA● Active | 0691.566.745 |
| 0733.955.250 | |
EXECUTIVE LEARNING PARTNERSHIP● Active | 0475.802.321 |
| 0547.990.513 | |
Fons & Founders● Active | 1030.316.875 |
GROEP DE HOORN● Active | 0521.987.088 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 15/04/2026 | 15/05/2025 | 08/05/2024 | 20/06/2023 | 02/06/2022 | 27/05/2021 |
| General meeting | 09/04/2026 | 08/05/2025 | 02/05/2024 | 04/05/2023 | 05/05/2022 | 06/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/04/2026 | 15/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 08/05/2025 | 15/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 02/05/2024 | 08/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 04/05/2023 | 20/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 05/05/2022 | 02/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 06/05/2021 | 27/05/2021 | Dutch | |
| Abridged model | 31/12/2019 | 07/05/2020 | 03/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 02/05/2019 | 28/05/2019 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 23/02/2018 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Steven Nagels | Director04/07/2019 → 2021 accounts | ||
| Director23/02/2018 → 2018 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Registered office27/01/2022BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - WIJZIGING RECHTSVORM
- Mandates11/05/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates04/11/2019ONTSLAGEN - BENOEMINGEN
- Mandates08/08/2019ONTSLAGEN - BENOEMINGEN
- Registered office14/12/2018MAATSCHAPPELIJKE ZETEL
- Other01/03/2018RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
ALPACATECH
Steven Nagels
Polaris IT
201820192020202120222023202420252026
MindWave Group
Sluisstraat 79 bte 3.1, 3000 Leuven
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Sluisstraat 79 bte 3.1, 3000 LeuvenCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00083598 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| MindWave GroupCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00083598 |
Events
- 2025Annual accounts 2025171 k €↑
- 2024Annual accounts 202497,8 k €↑
- 2023Annual accounts 202388,7 k €↑
- 2022Annual accounts 2022-8,2 k €↓
- 2021Annual accounts 202116,3 k €↓
- 2020Annual accounts 202057,7 k €↓
- 2019Annual accounts 201998 k €↑
- 2018Annual accounts 201824 k €
- 27/02/2018IncorporationPrivate limited company