ACTIVE

MIND4Z

Financial year 2025 · closed on 31/12/2025
Net result
36,9 k €
-34.2% YoY
Gross margin
71,3 k €
-14.3% YoY
Equity
251,4 k €
+17.2% YoY

What does MIND4Z do?

MIND4Z is a Private limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Lokeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0833.772.903
Incorporation
16/02/2011
Legal form
Private limited company
Registered office
Louis Herbertstraat 40
9160 Lokeren · FlandreSee on map
Contributed capital
11 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin71,3 k €83,2 k €62,3 k €51,6 k €42,1 k €35,3 k €13,2 k €18,9 k €9,2 k €27,1 k €23,9 k €11,8 k €11,2 k €44,6 k €
EBITDA68,9 k €82,6 k €60,1 k €50,1 k €40,2 k €33 k €10,2 k €14,5 k €5,9 k €19,8 k €22,1 k €9,3 k €9,5 k €40,3 k €
Operating result54,4 k €74,5 k €52,4 k €48,5 k €38,6 k €32,4 k €8,1 k €3,4 k €2,4 k €16,6 k €15,1 k €2,8 k €4 k €12,7 k €
Net result36,9 k €56 k €42,8 k €25,9 k €28,4 k €17 k €4,1 k €314,3 €494,1 €11 k €10,1 k €574,3 €1,7 k €6,6 k €
Balance sheet
Equity251,4 k €214,5 k €158,5 k €115,7 k €89,9 k €61,5 k €45,3 k €42 k €41,7 k €41,2 k €30,2 k €20,1 k €14,5 k €12,8 k €
Total assets326,2 k €271,9 k €239,1 k €252,9 k €145,8 k €95,9 k €73,2 k €60,2 k €76,6 k €59,7 k €49 k €36,3 k €35,2 k €28,6 k €
Cash18,4 k €39,2 k €7,6 k €29,7 k €96,1 k €44 k €40,4 k €27,4 k €15,8 k €26,9 k €5,7 k €1,9 k €1,1 k €5,4 k €
Debts74,8 k €57,3 k €80,6 k €126,7 k €43,9 k €21 k €18,4 k €12,9 k €34,9 k €18,4 k €14,5 k €16,1 k €16,7 k €12 k €
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 · 1 active · 2 ended

Active mandates

Gert STALMANS

Director

Active

Ended mandates

Eric Lebrun

Manager

Ended
Gert Stalmans

Manager

Ended
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 date20/07/202610/07/202521/06/202401/09/202323/06/202216/07/2021
General meeting13/06/202614/06/202508/06/202410/06/202311/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/06/202620/07/2026DutchPDF
Micro model31/12/202414/06/202510/07/2025DutchPDF
Micro model31/12/202308/06/202421/06/2024DutchPDF
Micro model31/12/202210/06/202301/09/2023DutchPDF
Micro model31/12/202111/06/202223/06/2022DutchPDF
Micro model31/12/202012/06/202116/07/2021DutchPDF
Micro model31/12/201913/06/202015/06/2020DutchPDF
Micro model31/12/201808/06/201920/06/2019DutchPDF
Micro model31/12/201709/06/201819/06/2018DutchPDF
Micro model31/12/201610/06/201718/07/2017DutchPDF
Abridged model31/12/201511/06/201615/07/2016DutchPDF
Abridged model31/12/201413/06/201515/06/2015DutchPDF
Abridged model31/12/201314/06/201416/06/2014DutchPDF
Abridged model31/12/201208/06/201325/06/2013DutchPDF
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 · 1 active · 2 ended

Active mandates

Gert STALMANS

Director

Active

Ended mandates

Eric Lebrun

Manager

Ended
Gert Stalmans

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/02/2011
    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 202536,9 k €
  2. 2024
    Annual accounts 202456 k €
  3. 2023
    Annual accounts 202342,8 k €
  4. 2022
    Annual accounts 202225,9 k €
  5. 2021
    Annual accounts 202128,4 k €
  6. 2020
    Annual accounts 202017 k €
  7. 2019
    Annual accounts 20194,1 k €
  8. 2018
    Annual accounts 2018314,3 €
  9. 2017
    Annual accounts 2017494,1 €
  10. 2016
    Annual accounts 201611 k €
  11. 2015
    Annual accounts 201510,1 k €
  12. 2014
    Annual accounts 2014574,3 €
  13. 2013
    Annual accounts 20131,7 k €
  14. 2012
    Annual accounts 20126,6 k €
  15. 16/02/2011
    IncorporationPrivate limited company