ACTIVE

EqualMinds

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Financial year 2025 · closed on 31/12/2025

Net result

-25,2 k €

+60.9% YoY

Revenue

2,6 M €

+5.4% YoY

Equity

430,5 k €

-5.5% YoY

Workforce

9,0 ETP

+12.5% YoY

What does EqualMinds do?

EqualMinds is a Public limited company incorporated in 2005. Its main activity is: Computer programming activities. Its registered office is in Edegem. It employs on average 9,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.332.471

Incorporation

20/04/2005

Legal form

Public limited company

Registered office

Prins Boudewijnlaan 43
2650 Edegem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

9,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 72220Research and experimental development on social sciences and humanities 74203Photographic activities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,6 M €	+5.4%	2,4 M €	-5.1%	2,6 M €	+7.1%	2,4 M €	-12.3%	2,7 M €	+15.8%	2,3 M €	+59.1%	1,5 M €	-8.5%	1,6 M €	+6.9%	1,5 M €	-14.3%	1,8 M €	-13.7%	2 M €	+93.5%	1,1 M €	+57.4%	669,8 k €	+1.3%	661,1 k €	+214%	210,7 k €	+28.8%	163,6 k €	-43.4%	289 k €	-24.9%	384,6 k €	+24.4%	309,1 k €	-38.2%	500,4 k €
EBITDA	-6,1 k €	+83.3%	-36,8 k €	-124%	153,4 k €	+19.6%	128,3 k €	-54.2%	280,3 k €	+207%	91,4 k €	+17.0%	78,1 k €	-62.4%	207,8 k €	+133%	89,3 k €	+335%	-38 k €	-138%	99,7 k €	+47.9%	67,5 k €	+482%	-17,7 k €	-140%	44 k €	+62.3%	27,1 k €	+4083%	-681 €	+92.7%	-9,3 k €	-113%	69,5 k €	-8.0%	75,6 k €	+17.8%	64,2 k €
Operating result	-10,5 k €	+81.0%	-55,1 k €	-141%	134,1 k €	+20.4%	111,4 k €	-57.7%	262,9 k €	+262%	72,7 k €	-4.7%	76,3 k €	-62.8%	205 k €	+140%	85,3 k €	+290%	-44,9 k €	-148%	93,4 k €	+46.4%	63,8 k €	+430%	-19,4 k €	-145%	43,3 k €	+63.4%	26,5 k €	+1525%	-1,9 k €	+82.5%	-10,6 k €	-116%	66,5 k €	-7.4%	71,8 k €	+23.6%	58,1 k €
Net result	-25,2 k €	+60.9%	-64,4 k €	-171%	90,2 k €	+24.8%	72,2 k €	-57.5%	169,9 k €	+240%	50 k €	+13.5%	44,1 k €	-66.6%	132 k €	+143%	54,3 k €	+201%	-53,5 k €	-208%	49,7 k €	+22.8%	40,4 k €	+270%	-23,8 k €	-192%	25,9 k €	+18.5%	21,8 k €	+687%	-3,7 k €	+74.4%	-14,5 k €	-143%	33,5 k €	-20.3%	42 k €	+12.9%	37,2 k €
Balance sheet
Equity	430,5 k €	-5.5%	455,6 k €	-12.4%	520,1 k €	+21.0%	429,9 k €	+20.2%	357,7 k €	+90.4%	187,8 k €	+36.3%	137,8 k €	-52.3%	288,9 k €	+84.2%	156,9 k €	+53.0%	102,6 k €	-34.3%	156,1 k €	+46.6%	106,4 k €	+61.3%	66 k €	-26.5%	89,8 k €	+40.5%	63,9 k €	-43.5%	113 k €	-3.2%	116,8 k €	-11.1%	131,3 k €	+34.2%	97,8 k €	+75.3%	55,8 k €
Total assets	733,2 k €	-7.0%	788,4 k €	-12.2%	897,6 k €	+14.5%	783,6 k €	+1.5%	771,8 k €	+3.2%	747,6 k €	+6.1%	704,9 k €	+16.8%	603,5 k €	+46.3%	412,5 k €	-3.4%	427,1 k €	-24.3%	564,3 k €	+90.9%	295,7 k €	+46.5%	201,9 k €	+4.7%	192,8 k €	+19.3%	161,6 k €	+5.1%	153,8 k €	-8.3%	167,7 k €	-44.2%	300,3 k €	+3.1%	291,2 k €	+98.0%	147,1 k €
Cash	7,7 k €	+10.3%	7 k €	-54.1%	15,3 k €	+67.3%	9,1 k €	-15.6%	10,8 k €	+12.0%	9,6 k €	-20.9%	12,2 k €	-49.1%	23,9 k €	+42.4%	16,8 k €	-53.2%	35,9 k €	-78.2%	164,9 k €	+195%	56 k €	+105%	27,3 k €	+78.1%	15,3 k €	-37.7%	24,6 k €	+451%	4,5 k €	-93.7%	71,5 k €	+77.3%	40,3 k €	+2.3%	39,4 k €	-17.4%	47,7 k €
Debts	301,1 k €	-9.2%	331,6 k €	-12.0%	376,7 k €	+6.5%	353,7 k €	-2.9%	364,3 k €	-34.8%	559 k €	-1.3%	566,3 k €	+80.5%	313,8 k €	+23.1%	254,8 k €	-21.3%	323,8 k €	-20.5%	407,5 k €	+116%	188,5 k €	+39.5%	135,1 k €	+31.5%	102,8 k €	+5.2%	97,7 k €	+140%	40,7 k €	-20.0%	50,9 k €	-69.9%	169 k €	-12.5%	193,2 k €	+112%	91,2 k €
Other
Workforce	9,0 ETP	+12.5%	8,0 ETP	0.0%	8,0 ETP	+17.6%	6,8 ETP	-10.5%	7,6 ETP	-12.6%	8,7 ETP	+38.1%	6,3 ETP	-12.5%	7,2 ETP	-20.9%	9,1 ETP	-13.3%	10,5 ETP	+23.5%	8,5 ETP	+70.0%	5,0 ETP	+35.1%	3,7 ETP	+85.0%	2,0 ETP	+5.3%	1,9 ETP	0.0%	1,9 ETP	-51.3%	3,9 ETP	-7.1%	4,2 ETP	-12.5%	4,8 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

De Cronos Groep

Director · since 17 juin 2023 · 0467.132.994

Represented by Josephus de Wit

Active

Ended mandates

De Cronos Groep

Director · since 17 juin 2023 · until 16 juin 2029 · 0467.132.994

Represented by Josephus de Wit

Ended

Contribute Group

Director · since 17 juin 2017 · until 16 juin 2023 · 0890.204.632

Represented by Jef de Wit

Ended

De Cronos Groep

Director · since 17 juin 2017 · until 16 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended

Jef de Wit

Director · since 17 juin 2017 · until 16 juin 2023

Ended

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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	01/01/2024	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	24/08/2026	07/07/2025	14/08/2024	07/08/2023	05/08/2022	05/07/2021
General meeting	14/07/2026	20/06/2025	21/06/2024	16/06/2023	01/07/2022	18/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/07/2026	24/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	07/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/07/2022	05/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	12/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	26/06/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	26/07/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	02/08/2011	Dutch	PDF
Full model	31/12/2009	18/06/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	19/06/2009	17/07/2009	Dutch	PDF
Full model	31/12/2007	20/06/2008	23/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 14 ended

Active mandates

De Cronos Groep

Director · since 17 juin 2023 · 0467.132.994

Represented by Josephus de Wit

Active

Ended mandates

De Cronos Groep

Director · since 17 juin 2023 · until 16 juin 2029 · 0467.132.994

Represented by Josephus de Wit

Ended

Contribute Group

Director · since 17 juin 2017 · until 16 juin 2023 · 0890.204.632

Represented by Jef de Wit

Ended

De Cronos Groep

Director · since 17 juin 2017 · until 16 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended

Jef de Wit

Director · since 17 juin 2017 · until 16 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2017
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

2025
Annual accounts 2025-25,2 k €↑
2024
Annual accounts 2024-64,4 k €↓
2023
Annual accounts 202390,2 k €↑
2022
Annual accounts 202272,2 k €↓
2021
Annual accounts 2021169,9 k €↑
2020
Annual accounts 202050 k €↑
2019
Annual accounts 201944,1 k €↓
2018
Annual accounts 2018132 k €↑
2017
Annual accounts 201754,3 k €↑
2016
Annual accounts 2016-53,5 k €↓
2015
Annual accounts 201549,7 k €↑
2014
Annual accounts 201440,4 k €↑
2013
Annual accounts 2013-23,8 k €↓
2012
Annual accounts 201225,9 k €↑
2011
Annual accounts 201121,8 k €↑
2011
Name changeEqualMinds
2010
Annual accounts 2010-3,7 k €↑
2009
Annual accounts 2009-14,5 k €↓
2008
Annual accounts 200833,5 k €↓
2007
Annual accounts 200742 k €↑
2006
Annual accounts 200637,2 k €
2006
Name changeiResearch
20/04/2005
IncorporationPublic 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

EqualMinds

Overview

What does EqualMinds do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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