ACTIVE

BINARY MIND

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
10,1 k €
-14.2% YoY
Gross margin
55,9 k €
+4.8% YoY
Equity
171,9 k €
+4.0% YoY

What does BINARY MIND do?

BINARY MIND is a Private limited company incorporated in 2007. Its main activity is: Computer programming activities. Its registered office is in Moerbeke (Waas).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0889.941.247
Incorporation
08/06/2007
Legal form
Private limited company
Registered office
Spelonckvaart 5 box c
9180 Moerbeke (Waas) · FlandreSee on map
Contributed capital
8 360,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72210Research and experimental development on social sciences and humanities58290Other software publishing58290Other software publishing63100Data processing, hosting and related activities; web portals+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin55,9 k €53,3 k €59,9 k €20,4 k €48,8 k €73,7 k €26,4 k €41,4 k €40,9 k €51,6 k €48,8 k €45,1 k €49,5 k €20,6 k €27,7 k €–-1,6 k €-36,5 k €
EBITDA54,5 k €51,7 k €58,8 k €15,9 k €47,3 k €73,0 k €25,4 k €40,3 k €40,0 k €49,9 k €48,2 k €44,5 k €49,5 k €18,4 k €27,5 k €-206,3 €-2,3 k €-37,7 k €
Operating result43,0 k €20,8 k €49,6 k €8,9 k €40,0 k €58,5 k €10,5 k €24,7 k €24,9 k €30,6 k €28,7 k €32,5 k €37,8 k €6,8 k €25,9 k €-560,2 €-2,9 k €-39,1 k €
Net result10,1 k €11,7 k €33,0 k €3,8 k €26,3 k €38,9 k €3,4 k €13,6 k €12,9 k €17,0 k €14,8 k €17,0 k €15,2 k €5,0 k €25,9 k €-564,3 €-3,0 k €-19,1 k €
Balance sheet
Equity171,9 k €165,2 k €167,2 k €147,1 k €175,0 k €148,7 k €109,9 k €106,4 k €92,8 k €79,9 k €62,9 k €48,1 k €25,4 k €-2,7 k €-7,7 k €-16,1 k €-15,6 k €-12,6 k €
Total assets247,3 k €246,0 k €241,1 k €250,6 k €299,1 k €268,3 k €225,4 k €254,0 k €248,3 k €248,5 k €214,3 k €141,9 k €151,8 k €115,3 k €23,8 k €665,5 €1,0 k €1,5 k €
Cash15,5 k €36,6 k €17,6 k €32,9 k €57,3 k €44,9 k €22,2 k €28,7 k €24,2 k €48,0 k €38,2 k €37,7 k €23,8 k €10,4 k €13,8 k €89,1 €84,2 €–
Debts51,4 k €59,6 k €73,9 k €85,2 k €110,2 k €119,5 k €115,5 k €147,6 k €155,5 k €168,6 k €151,4 k €93,7 k €126,4 k €118,1 k €31,5 k €16,8 k €16,6 k €14,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Stefan Koulouris

Director · since 30 juin 2011

Active

Ended mandates

Stefan Koulouris

Manager · since 30 juin 2011

Ended
Tob Hydro Industries

Manager · since 08 juin 2007 · until 11 août 2009 · 0885.306.132

Represented by Philippe Tob

Ended
Mathias Bogaert

Manager · until 30 juin 2011

Ended
Mathias Bogaert

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 date26/08/202628/08/202524/07/202431/08/202330/11/202230/11/2021
General meeting30/06/202630/06/202528/06/202418/05/202315/06/202215/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202626/08/2026DutchPDF
Micro model31/12/202430/06/202528/08/2025DutchPDF
Micro model31/12/202328/06/202424/07/2024DutchPDF
Micro model31/12/202218/05/202331/08/2023DutchPDF
Micro model31/12/202115/06/202230/11/2022DutchPDF
Micro model31/12/202015/06/202130/11/2021DutchPDF
Micro model31/12/201915/06/202030/09/2020DutchPDF
Micro model31/12/201815/06/201919/07/2019DutchPDF
Micro model31/12/201715/06/201830/08/2018DutchPDF
Micro model31/12/201615/06/201728/08/2017DutchPDF
Abridged model31/12/201515/06/201629/08/2016DutchPDF
Abridged model31/12/201415/06/201526/08/2015DutchPDF
Abridged model31/12/201315/06/201425/08/2014DutchPDF
Abridged model31/12/201215/06/201329/08/2013DutchPDF
Abridged model31/12/201115/06/201230/08/2012DutchPDF
Abridged model31/12/201031/07/201131/08/2011DutchPDF
Abridged model31/12/200920/05/201025/08/2010DutchPDF
Abridged model31/12/200824/09/200930/09/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 ended

Active mandates

Stefan Koulouris

Director · since 30 juin 2011

Active

Ended mandates

Stefan Koulouris

Manager · since 30 juin 2011

Ended
Tob Hydro Industries

Manager · since 08 juin 2007 · until 11 août 2009 · 0885.306.132

Represented by Philippe Tob

Ended
Mathias Bogaert

Manager · until 30 juin 2011

Ended
Mathias Bogaert

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
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 202510,1 k €↓
  2. 2024
    Annual accounts 202411,7 k €↓
  3. 2023
    Annual accounts 202333,0 k €↑
  4. 2022
    Annual accounts 20223,8 k €↓
  5. 2021
    Annual accounts 202126,3 k €↓
  6. 2020
    Annual accounts 202038,9 k €↑
  7. 2019
    Annual accounts 20193,4 k €↓
  8. 2018
    Annual accounts 201813,6 k €↑
  9. 2017
    Annual accounts 201712,9 k €↓
  10. 2016
    Annual accounts 201617,0 k €↑
  11. 2015
    Annual accounts 201514,8 k €↓
  12. 2014
    Annual accounts 201417,0 k €↑
  13. 2013
    Annual accounts 201315,2 k €↑
  14. 2012
    Annual accounts 20125,0 k €↓
  15. 2011
    Annual accounts 201125,9 k €↑
  16. 2010
    Annual accounts 2010-564,3 €↑
  17. 2009
    Annual accounts 2009-3,0 k €↑
  18. 2008
    Annual accounts 2008-19,1 k €
  19. 08/06/2007
    IncorporationPrivate limited company