ACTIVE

CLEAR MINDS

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Financial year 2025 · closed on 31/12/2025

Net result

-63,8 k €

-755.0% YoY

Gross margin

80,4 k €

-63.2% YoY

Equity

1,7 M €

-3.7% YoY

Workforce

0,0 ETP

What does CLEAR MINDS do?

CLEAR MINDS is a Private limited company incorporated in 2004. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Profondeville.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.585.069

Incorporation

12/01/2004

Legal form

Private limited company

Registered office

Rue Antoine Gémenne 15
5170 Profondeville · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

72100Research and experimental development on natural sciences and engineering· main 58290Other software publishing 58290Other software publishing 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 72210Research and experimental development on social sciences and humanities+3

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	80,4 k €	-63.2%	218,4 k €	+122%	98,4 k €	-33.2%	147,3 k €	+34.6%	109,5 k €	+160%	42,1 k €	+260%	-26,3 k €	+85.3%	-178,7 k €	-202%	174,8 k €	-5.5%	185,0 k €	-10.5%	206,7 k €	+25.0%	165,4 k €	+19.2%	138,8 k €	+54.1%	90,0 k €	+25.1%	72,0 k €	+0.4%	71,7 k €	-2.7%	73,6 k €	-7.0%	79,2 k €
EBITDA	65,2 k €	-65.2%	187,2 k €	+137%	79,0 k €	-39.2%	129,9 k €	+16.3%	111,7 k €	+150%	44,7 k €	+256%	-28,8 k €	+83.0%	-169,3 k €	-193%	182,3 k €	+0.2%	181,9 k €	-10.6%	203,4 k €	+26.7%	160,5 k €	+19.1%	134,8 k €	+53.7%	87,7 k €	+24.8%	70,3 k €	+0.4%	70,0 k €	-2.8%	72,0 k €	-8.6%	78,8 k €
Operating result	-63,0 k €	-379%	22,6 k €	+139%	-57,3 k €	-1540%	4,0 k €	+124%	-16,3 k €	+82.7%	-94,3 k €	+37.9%	-151,9 k €	+59.5%	-374,9 k €	-388%	130,4 k €	-4.4%	136,4 k €	-17.5%	165,3 k €	+34.4%	123,0 k €	+17.0%	105,1 k €	+40.2%	74,9 k €	+32.2%	56,7 k €	-0.7%	57,1 k €	-9.6%	63,2 k €	-5.7%	67,0 k €
Net result	-63,8 k €	-755%	9,7 k €	+115%	-66,1 k €	-1538%	4,6 k €	+228%	-3,6 k €	+97.8%	-165,5 k €	+0.2%	-165,8 k €	-112%	1,4 M €	+743%	162,9 k €	+43.8%	113,3 k €	-16.3%	135,3 k €	+14.0%	118,7 k €	-7.3%	128,0 k €	+203%	42,2 k €	+46.2%	28,9 k €	-24.2%	38,1 k €	-6.5%	40,7 k €	-8.0%	44,3 k €
Balance sheet
Equity	1,7 M €	-3.7%	1,7 M €	+0.6%	1,7 M €	-3.7%	1,8 M €	+0.3%	1,8 M €	-0.2%	1,8 M €	-8.5%	2,0 M €	-7.8%	2,1 M €	+150%	848,5 k €	+23.8%	685,6 k €	+19.8%	572,3 k €	+31.0%	437,0 k €	+37.3%	318,3 k €	+67.2%	190,4 k €	+28.5%	148,1 k €	+15.2%	128,6 k €	+0.7%	127,6 k €	+46.9%	86,9 k €
Total assets	2,3 M €	-5.2%	2,5 M €	-7.9%	2,7 M €	-4.8%	2,8 M €	-0.3%	2,8 M €	-3.2%	2,9 M €	-10.4%	3,2 M €	-2.6%	3,3 M €	+76.2%	1,9 M €	-2.0%	1,9 M €	+15.7%	1,7 M €	+4.0%	1,6 M €	+10.6%	1,4 M €	+43.5%	1,0 M €	+0.0%	1,0 M €	+406%	199,1 k €	-6.5%	213,0 k €	+14.8%	185,6 k €
Cash	8,5 k €	-81.7%	46,6 k €	+719%	5,7 k €	-29.3%	8,1 k €	-61.3%	20,8 k €	+17.6%	17,7 k €	-14.9%	20,8 k €	-95.5%	459,9 k €	+1045195%	44,0 €	-99.8%	19,6 k €	-65.8%	57,4 k €	+2678%	2,1 k €	+71.7%	1,2 k €		–		11,8 k €	-20.2%	14,8 k €	+1007%	1,3 k €		–
Debts	533,9 k €	-8.9%	586,2 k €	-25.5%	786,4 k €	-6.6%	842,1 k €	-0.1%	843,1 k €	-8.2%	918,5 k €	-14.7%	1,1 M €	+9.3%	985,5 k €	+23.4%	798,5 k €	-19.3%	989,0 k €	-9.3%	1,1 M €	-6.1%	1,2 M €	+3.0%	1,1 M €	+38.0%	817,0 k €	-4.9%	859,0 k €	+1118%	70,6 k €	-17.4%	85,4 k €	-13.5%	98,7 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Oliver LIBOIS

Director · since 12 janvier 2004

Active

Ended mandates

Olivier LIBOIS

Director

Ended

Olivier LIBOIS

Manager

Ended

Annual accounts

Full financial information

	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	01/06/2023	01/06/2022	01/06/2021	01/06/2020	01/06/2019
Closing of the financial year	31/12/2025	31/12/2024	31/05/2023	31/05/2022	31/05/2021	31/05/2020
Length of the financial year	12 months	19 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	29/08/2025	31/01/2024	21/02/2023	10/01/2022	04/01/2021
General meeting	26/06/2026	27/06/2025	24/11/2023	08/02/2023	31/12/2021	29/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/07/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	29/08/2025	French	PDF
Abridged model	31/05/2023	24/11/2023	31/01/2024	French	PDF
Abridged model	31/05/2022	08/02/2023	21/02/2023	French	PDF
Abridged model	31/05/2021	31/12/2021	10/01/2022	French	PDF
Abridged model	31/05/2020	29/12/2020	04/01/2021	French	PDF
Abridged model	31/05/2019	25/06/2020	03/07/2020	French	PDF
Abridged model	31/05/2018	12/02/2019	26/02/2019	French	PDF
Abridged model	30/06/2016	20/02/2017	21/02/2017	French	PDF
Abridged model	30/06/2015	10/02/2016	15/02/2016	French	PDF
Abridged model	30/06/2014	03/02/2015	23/02/2015	French	PDF
Abridged model	30/06/2013	06/03/2014	18/03/2014	French	PDF
Abridged model	30/06/2012	22/12/2012	22/02/2013	French	PDF
Abridged model	30/06/2011	02/03/2012	30/03/2012	French	PDF
Abridged model	30/06/2010	18/12/2010	16/02/2011	French	PDF
Abridged model	30/06/2009	19/12/2009	25/02/2010	French	PDF
Abridged model	30/06/2008	20/12/2008	23/02/2009	French	PDF
Abridged model	30/06/2007	11/01/2008	14/01/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

Oliver LIBOIS

Director · since 12 janvier 2004

Active

Ended mandates

Olivier LIBOIS

Director

Ended

Olivier LIBOIS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Other12/07/2017
OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Other31/07/2013
OBJET
PDF
Other04/10/2006
ANNEE COMPTABLE
PDF
Other19/01/2004
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

2025
Annual accounts 2025-63,8 k €↓
2024
Annual accounts 20249,7 k €↑
2023
Annual accounts 2023-66,1 k €↓
2022
Annual accounts 20224,6 k €↑
2021
Annual accounts 2021-3,6 k €↑
2020
Annual accounts 2020-165,5 k €↑
2019
Annual accounts 2019-165,8 k €↓
2018
Annual accounts 20181,4 M €↑
2016
Annual accounts 2016162,9 k €↑
2015
Annual accounts 2015113,3 k €↓
2014
Annual accounts 2014135,3 k €↑
2013
Annual accounts 2013118,7 k €↓
2012
Annual accounts 2012128,0 k €↑
2011
Annual accounts 201142,2 k €↑
2010
Annual accounts 201028,9 k €↓
2009
Annual accounts 200938,1 k €↓
2008
Annual accounts 200840,7 k €↓
2007
Annual accounts 200744,3 k €
12/01/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CLEAR MINDS

Overview

What does CLEAR MINDS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline