NORMAL SITUATION

MinD Works

Financial year 2024 · closed on 31/12/2024
Net result
150,5 k €
-45.3% YoY
Gross margin
146,7 k €
-60.4% YoY
Equity
647,9 k €
+6.7% YoY
Workforce
0,3 ETP
-66.7% YoY

Company — Normal situation.

What does MinD Works do?

MinD Works is a company registered in Belgium. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.590.660
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
0,3 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120202019201820172016201520142013
Income statement
Gross margin146,7 k €370,1 k €64,9 k €275,1 k €131,4 k €121,8 k €43,6 k €50 k €23,2 k €39,7 k €61 k €43,7 k €
EBITDA118,5 k €325,2 k €64,1 k €274,2 k €130,5 k €118,4 k €42,6 k €49 k €22,1 k €38,7 k €60,4 k €42,9 k €
Operating result114,2 k €320,6 k €44,9 k €257,2 k €114,4 k €101,4 k €40,4 k €46,4 k €18,9 k €31,9 k €50,1 k €28,5 k €
Net result150,5 k €275,4 k €32,6 k €203,2 k €82 k €72,2 k €28,8 k €29,8 k €13 k €19,2 k €32,4 k €19,7 k €
Balance sheet
Equity647,9 k €607,3 k €482 k €449,4 k €279,3 k €229,6 k €157,4 k €128,6 k €98,8 k €85,8 k €66,6 k €34,3 k €
Total assets956,4 k €908,5 k €821,6 k €537,6 k €403,1 k €304,4 k €177 k €149,4 k €104,9 k €101,8 k €96,3 k €61,8 k €
Cash75,3 k €435,6 k €362,5 k €220,3 k €132,1 k €76,9 k €63,8 k €138,7 k €95,9 k €93,3 k €45,7 k €16,7 k €
Debts263,7 k €301,2 k €339,7 k €88,2 k €123,9 k €66,5 k €19,6 k €20,8 k €6,1 k €16 k €29,7 k €27,5 k €
Other
Workforce0,3 ETP0,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 9 ended

Active mandates

G.E.R.T. Consulting

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0692.534.072

Represented by Gert Uvin

Active
On IT

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0776.511.229

Represented by Laurent De Pauw

Active
Outmates

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0783.718.923

Represented by Dezillie Min

Active

Ended mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · 0692.534.072

Represented by Uvin GERT

Ended
On IT

Director · since 29 septembre 2023 · 0776.511.229

Represented by De PAUW LAURENT

Ended
JUNE FIVE

Director · 0727.834.649

Represented by Gert Uvin

Ended
JUNE FIVE

Associate · until 29 septembre 2023 · 0727.834.649

Represented by Uvin GERT

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202508/07/202417/08/202306/07/202208/07/202126/06/2020
General meeting08/07/202524/06/202426/06/202329/03/202228/06/202122/06/2020
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/07/202529/07/2025DutchPDF
Abridged model31/12/202324/06/202408/07/2024DutchPDF
Abridged model31/12/202226/06/202317/08/2023DutchPDF
Micro model31/12/202129/03/202206/07/2022DutchPDF
Micro model31/12/202028/06/202108/07/2021DutchPDF
Micro model31/12/201922/06/202026/06/2020DutchPDF
Micro model31/12/201824/06/201925/06/2019DutchPDF
Micro model31/12/201725/06/201824/07/2018DutchPDF
Micro model31/12/201626/06/201726/07/2017DutchPDF
Abridged model31/12/201527/06/201628/06/2016DutchPDF
Abridged model31/12/201422/06/201510/07/2015DutchPDF
Abridged model31/12/201323/06/201412/08/2014DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 3 active · 9 ended

Active mandates

G.E.R.T. Consulting

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0692.534.072

Represented by Gert Uvin

Active
On IT

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0776.511.229

Represented by Laurent De Pauw

Active
Outmates

Director · since 15 décembre 2023 · until 01 janvier 2025 · 0783.718.923

Represented by Dezillie Min

Active

Ended mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · 0692.534.072

Represented by Uvin GERT

Ended
On IT

Director · since 29 septembre 2023 · 0776.511.229

Represented by De PAUW LAURENT

Ended
JUNE FIVE

Director · 0727.834.649

Represented by Gert Uvin

Ended
JUNE FIVE

Associate · until 29 septembre 2023 · 0727.834.649

Represented by Uvin GERT

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution11/02/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - 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. 2024
    Annual accounts 2024150,5 k €
  2. 2023
    Annual accounts 2023275,4 k €
  3. 2022
    Annual accounts 202232,6 k €
  4. 2021
    Annual accounts 2021203,2 k €
  5. 2020
    Annual accounts 202082 k €
  6. 2019
    Annual accounts 201972,2 k €
  7. 2018
    Annual accounts 201828,8 k €
  8. 2017
    Annual accounts 201729,8 k €
  9. 2016
    Annual accounts 201613 k €
  10. 2015
    Annual accounts 201519,2 k €
  11. 2014
    Annual accounts 201432,4 k €
  12. 2013
    Annual accounts 201319,7 k €