ACTIVE

TRENDMINER

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Financial year 2025 · closed on 31/12/2025

Net result

-851,1 k €

+90.2% YoY

Revenue

13,5 M €

+61.8% YoY

Equity

-20,5 M €

-4.3% YoY

Workforce

46,4 ETP

-9.7% YoY

What does TRENDMINER do?

TRENDMINER is a Public limited company incorporated in 2007. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 46,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.414.630

Incorporation

21/12/2007

Legal form

Public limited company

Registered office

Kempische steenweg 309 box 5.01
3500 Hasselt · FlandreSee on map

Contributed capital

8 242 174,33 €

Latest accounts

31/12/2025

Average workforce

46,4 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 70200Management consultancy activities 70220Business and other management consultancy activities 62010Computer programming activities 62020Computer consultancy activities+4

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

Positive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	13,5 M €	+61.8%	8,3 M €	-24.8%	11,1 M €	+30.3%	8,5 M €	+1.7%	8,4 M €	+201%	2,8 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	1,2 M €	+117%	-7 M €	-125%	-3,1 M €	+38.0%	-5 M €	-50.7%	-3,3 M €	-36.5%	-2,4 M €	+3.0%	-2,5 M €	-57.6%	-1,6 M €	-325%	-375,7 k €	+58.1%	-897,6 k €	-136%	-380,2 k €	+55.0%	-844,8 k €	-43.7%	-588 k €	-105%	-286,8 k €	-38.9%	-206,5 k €	+15.1%	-243,3 k €
Operating result	679,3 k €	+109%	-7,3 M €	-119%	-3,4 M €	+37.0%	-5,3 M €	-46.3%	-3,6 M €	-41.0%	-2,6 M €	-1.0%	-2,6 M €	-57.3%	-1,6 M €	-297%	-408,8 k €	+56.2%	-932,5 k €	-123%	-417,4 k €	+53.2%	-892,4 k €	-40.2%	-636,4 k €	-84.3%	-345,3 k €	-31.3%	-263 k €	+11.4%	-296,9 k €
Net result	-851,1 k €	+90.2%	-8,7 M €	-124%	-3,9 M €	+27.3%	-5,3 M €	-25.2%	-4,2 M €	-137%	-1,8 M €	+30.5%	-2,6 M €	-58.1%	-1,6 M €	-220%	-509,8 k €	+46.9%	-960,4 k €	-120%	-437 k €	+51.5%	-900,5 k €	-35.1%	-666,7 k €	-68.9%	-394,7 k €	-51.9%	-259,9 k €	+11.5%	-293,8 k €
Balance sheet
Equity	-20,5 M €	-4.3%	-19,7 M €	-12.0%	-17,6 M €	-28.2%	-13,7 M €	-63.5%	-8,4 M €	-8282%	-99,9 k €	-106%	1,7 M €	-46.0%	3,1 M €	-16.8%	3,8 M €	+617%	-728 k €	-413%	232,4 k €	+37.2%	169,4 k €	+384%	-59,6 k €	-110%	607 k €	+362%	131,3 k €	-66.4%	391,2 k €
Total assets	14,1 M €	+7.4%	13,1 M €	+135%	5,6 M €	+11.7%	5 M €	-21.7%	6,4 M €	+6.1%	6 M €	+108%	2,9 M €	-25.6%	3,9 M €	-9.3%	4,3 M €	+470%	749,9 k €	+27.2%	589,3 k €	+29.1%	456,5 k €	+32.8%	343,6 k €	-60.6%	872,2 k €	+285%	226,7 k €	-52.1%	473,7 k €
Cash	743 k €	-4.3%	776,6 k €	+1104%	64,5 k €	+25.3%	51,5 k €	-87.1%	399,3 k €	+33.1%	300,1 k €	+1136%	24,3 k €	-97.4%	923 k €	-73.0%	3,4 M €	+2774%	118,8 k €	+251%	33,9 k €	+117%	15,6 k €	-72.5%	56,6 k €	-89.8%	556,3 k €	+620%	77,3 k €	-36.3%	121,4 k €
Debts	28,6 M €	-0.9%	28,9 M €	+26.9%	22,8 M €	+25.6%	18,1 M €	+29.2%	14 M €	+290%	3,6 M €	+325%	847,3 k €	+116%	391,6 k €	-11.0%	440,1 k €	-66.0%	1,3 M €	+267%	352 k €	+41.2%	249,2 k €	-33.7%	375,9 k €	+69.2%	222,1 k €	+133%	95,3 k €	+15.6%	82,5 k €
Other
Workforce	46,4 ETP	-9.7%	51,4 ETP	+10.8%	46,4 ETP	-13.3%	53,5 ETP	-2.6%	54,9 ETP	+56.4%	35,1 ETP	+41.5%	24,8 ETP	+59.0%	15,6 ETP	+41.8%	11,0 ETP	-5.2%	11,6 ETP	+11.5%	10,4 ETP	+18.2%	8,8 ETP	-10.2%	9,8 ETP	+100%	4,9 ETP	+28.9%	3,8 ETP	+192%	1,3 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 · 2 active · 73 ended

Active mandates

Robert Thomas MICHAELIDES

Director · since 01 juillet 2024 · until 29 mai 2030

Active

Thorsten BACHMANN

Director · since 01 juillet 2024 · until 29 mai 2030

Active

Ended mandates

Claire FRAUGER DE BOYVE

Director · since 26 mars 2021 · until 26 avril 2023

Ended

Claire FRAUGER DE BOYVE

Director · since 26 mars 2021 · until 29 mai 2024

Ended

Joan VAN DE WETERING

Director · since 26 mars 2021 · until 29 mai 2024

Ended

Joan VAN DE WETERING

Director · since 26 mars 2021 · until 30 septembre 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	06/07/2026	13/06/2025	05/06/2024	16/06/2023	20/06/2022	04/06/2021
General meeting	30/06/2026	28/05/2025	29/05/2024	31/05/2023	25/05/2022	26/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	28/05/2025	13/06/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	05/06/2024	Dutch	PDF
Full model	31/12/2022	31/05/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	20/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	04/06/2021	Dutch	PDF
Full model	31/12/2019	30/09/2020	30/11/2020	Dutch	PDF
Full model	31/12/2018	16/09/2019	06/11/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	25/05/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	03/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/05/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	27/05/2009	19/06/2009	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 · 2 active · 73 ended

Active mandates

Robert Thomas MICHAELIDES

Director · since 01 juillet 2024 · until 29 mai 2030

Active

Thorsten BACHMANN

Director · since 01 juillet 2024 · until 29 mai 2030

Active

Ended mandates

Claire FRAUGER DE BOYVE

Director · since 26 mars 2021 · until 26 avril 2023

Ended

Claire FRAUGER DE BOYVE

Director · since 26 mars 2021 · until 29 mai 2024

Ended

Joan VAN DE WETERING

Director · since 26 mars 2021 · until 29 mai 2024

Ended

Joan VAN DE WETERING

Director · since 26 mars 2021 · until 30 septembre 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2021
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 2025-851,1 k €↑
2024
Annual accounts 2024-8,7 M €↓
2023
Annual accounts 2023-3,9 M €↑
2022
Annual accounts 2022-5,3 M €↓
2021
Annual accounts 2021-4,2 M €↓
2018
Annual accounts 2018-1,8 M €↑
2017
Annual accounts 2017-2,6 M €↓
2016
Annual accounts 2016-1,6 M €↓
2016
Name changeTRENDMINER
2015
Annual accounts 2015-509,8 k €↑
2014
Annual accounts 2014-960,4 k €↓
2013
Annual accounts 2013-437 k €↑
2012
Annual accounts 2012-900,5 k €↓
2011
Annual accounts 2011-666,7 k €↓
2010
Annual accounts 2010-394,7 k €↓
2009
Annual accounts 2009-259,9 k €↑
2008
Annual accounts 2008-293,8 k €
2008
Name changeD square
21/12/2007
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

TRENDMINER

Overview

What does TRENDMINER do?

Trend over 16 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