MINDMED
0895.776.984 · rovalta.com · 22/09/2026
ACTIVE
MINDMED
Financial year 2025 · closed on 31/12/2025
Net result
79 k €
-42.2% YoY
Gross margin
158,4 k €
-33.8% YoY
Equity
686 k €
+13.0% YoY
Overview
What does MINDMED do?
MINDMED is a Private limited company incorporated in 2008. Its registered office is in Beernem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0895.776.984
Incorporation
15/02/2008
Legal form
Private limited company
Registered office
Mexicostraat 4A
8730 Beernem · FlandreSee on map
8730 Beernem · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Joint committees (2)
- 330
- 33004
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 158,4 k € | -33.8% | 239,3 k € | -6.3% | 255,4 k € | +42.9% | 178,7 k € | +27.0% | 140,7 k € | -19.9% | 175,5 k € | +117% | 81,1 k € | -16.8% | 97,4 k € | -6.6% | 104,3 k € | -65.6% | 302,7 k € | +27.9% | 236,7 k € | -19.0% | 292,2 k € | +14.3% | 255,6 k € | -6.9% | 274,5 k € | +0.7% | 272,6 k € | +7.7% | 253,1 k € | -17.1% | 305,3 k € |
| EBITDA | 151,2 k € | -34.5% | 230,8 k € | -6.8% | 247,6 k € | +48.6% | 166,6 k € | +35.4% | 123,1 k € | -22.5% | 158,7 k € | +167% | 59,6 k € | -23.7% | 78 k € | -5.1% | 82,3 k € | -70.6% | 279,6 k € | +29.2% | 216,3 k € | -22.1% | 277,8 k € | +12.4% | 247,1 k € | -6.8% | 265,1 k € | -1.5% | 269,1 k € | +7.4% | 250,5 k € | -17.4% | 303,3 k € |
| Operating result | 111,4 k € | -41.5% | 190,5 k € | -11.9% | 216,4 k € | +50.0% | 144,3 k € | +46.7% | 98,4 k € | -30.8% | 142,2 k € | +221% | 44,3 k € | -29.2% | 62,5 k € | +75.7% | 35,6 k € | -84.7% | 231,8 k € | +27.6% | 181,7 k € | -24.8% | 241,6 k € | +21.8% | 198,4 k € | -8.5% | 216,9 k € | -1.9% | 221 k € | +8.7% | 203,4 k € | -21.0% | 257,5 k € |
| Net result | 79 k € | -42.2% | 136,7 k € | -12.1% | 155,6 k € | +47.4% | 105,5 k € | +67.0% | 63,2 k € | -35.4% | 97,8 k € | +349% | 21,7 k € | -36.8% | 34,4 k € | +342% | -14,3 k € | -109% | 152,7 k € | +12.1% | 136,3 k € | -24.7% | 181 k € | +19.5% | 151,5 k € | -1.3% | 153,5 k € | +7.6% | 142,7 k € | +14.1% | 125 k € | -12.2% | 142,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 686 k € | +13.0% | 607 k € | -1.4% | 615,7 k € | +33.8% | 460,1 k € | -9.3% | 507,3 k € | +14.2% | 444,1 k € | +28.2% | 346,4 k € | +6.7% | 324,6 k € | -51.4% | 668,2 k € | -2.1% | 682,5 k € | +28.8% | 529,7 k € | +54.8% | 342,1 k € | -41.1% | 581,2 k € | +35.2% | 429,7 k € | +55.5% | 276,3 k € | +107% | 133,6 k € | +1463% | 8,5 k € |
| Total assets | 722,8 k € | +9.1% | 662,7 k € | -6.1% | 705,4 k € | +28.2% | 550,4 k € | -13.1% | 633,6 k € | +4.1% | 608,6 k € | +69.3% | 359,5 k € | -1.5% | 364,9 k € | -46.5% | 682,5 k € | -13.3% | 787,4 k € | +23.2% | 639,2 k € | -32.1% | 940,7 k € | +23.7% | 760,2 k € | +12.4% | 676,5 k € | +29.2% | 523,7 k € | +21.4% | 431,2 k € | -11.7% | 488,5 k € |
| Cash | 291,9 k € | +119% | 133,5 k € | +353% | 29,5 k € | -66.7% | 88,4 k € | -23.9% | 116,1 k € | +16.6% | 99,6 k € | +124% | 44,6 k € | -69.5% | 146,2 k € | +4.3% | 140,1 k € | -44.3% | 251,6 k € | +75.8% | 143,1 k € | -35.1% | 220,4 k € | +70.3% | 129,4 k € | +156% | 50,6 k € | -50.1% | 101,5 k € | +58.0% | 64,2 k € | +73.8% | 37 k € |
| Debts | 36,8 k € | -33.9% | 55,6 k € | -38.0% | 89,7 k € | +0.0% | 89,7 k € | -29.0% | 126,3 k € | -23.1% | 164,3 k € | +1153% | 13,1 k € | -67.4% | 40,2 k € | +181% | 14,3 k € | -86.4% | 105 k € | -4.1% | 109,4 k € | -81.7% | 597,7 k € | +236% | 178,1 k € | -27.0% | 244 k € | -0.8% | 245,9 k € | -16.6% | 294,8 k € | -36.8% | 466,7 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 0,4 ETP | 0.0% | 0,4 ETP | +100% | 0,2 ETP | – | – | – | – | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 9 ended
Active mandates
Alexander MINDERHOUT
ActiveEnded mandates
Alexander Minderhout
EndedLisbeth Rathé
EndedAlexander Minderhout
EndedLisbeth Rathe
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 28/07/2026 | 29/07/2025 | 29/07/2024 | 20/09/2023 | 06/10/2022 | 13/12/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 24/06/2023 | 25/06/2022 | 26/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 28/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/06/2025 | 29/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/06/2024 | 29/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 24/06/2023 | 20/09/2023 | Dutch | |
| Micro model | 31/12/2021 | 25/06/2022 | 06/10/2022 | Dutch | |
| Micro model | 31/12/2020 | 26/06/2021 | 13/12/2021 | Dutch | |
| Micro model | 31/12/2019 | 10/09/2020 | 09/10/2020 | Dutch | |
| Micro model | 31/12/2018 | 22/06/2019 | 29/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/07/2018 | 29/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 30/07/2017 | 22/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 25/09/2016 | 03/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 25/08/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 28/07/2014 | 22/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 22/06/2013 | 22/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 07/08/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 25/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 26/06/2010 | 19/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/08/2009 | 27/08/2009 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 9 ended
Active mandates
Alexander MINDERHOUT
ActiveEnded mandates
Alexander Minderhout
EndedLisbeth Rathé
EndedAlexander Minderhout
EndedLisbeth Rathe
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/09/2021WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
- Capital / shares16/10/2018KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares03/04/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares26/02/2009KAPITAAL - AANDELEN - DIVERSEN
- Other26/02/2008RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202579 k €↓
- 2024Annual accounts 2024136,7 k €↓
- 2023Annual accounts 2023155,6 k €↑
- 2022Annual accounts 2022105,5 k €↑
- 2021Annual accounts 202163,2 k €↓
- 2020Annual accounts 202097,8 k €↑
- 2019Annual accounts 201921,7 k €↓
- 2018Annual accounts 201834,4 k €↑
- 2017Annual accounts 2017-14,3 k €↓
- 2016Annual accounts 2016152,7 k €↑
- 2015Annual accounts 2015136,3 k €↓
- 2013Annual accounts 2013181 k €↑
- 2012Annual accounts 2012151,5 k €↓
- 2011Annual accounts 2011153,5 k €↑
- 2010Annual accounts 2010142,7 k €↑
- 2009Annual accounts 2009125 k €↓
- 2008Annual accounts 2008142,3 k €
- 15/02/2008IncorporationPrivate limited company