Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mind The Gap from Maldegem, company number BE0472804229, closed financial year 2025 with a result of € 46,350 after tax. For that financial year Mind The Gap recorded a gross margin of € 114,227 and equity of € 248,835. Compared with financial year 2024, the result moved from € 11,517 to € 46,350. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 248,835
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,350
▲ € 34,834 vs 2024
Profit after tax over the fiscal year.
€ 57,630
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 41,002 paid out
88 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 16,919
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 153,796
▼ 19% vs 2024
€ 36,652 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 22,006
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,826
▲ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 240,590 | € 69,924 | € 79,096 | € 114,227 | ▲ 44% |
| Profit after taxes | € 106,374 | € 16,415 | € 11,517 | € 46,350 | ▲ € 34,834 |
| Equity | € 292,408 | € 308,823 | € 243,487 | € 248,835 | ▲ 2% |
| Total debts | € 455,888 | € 378,520 | € 439,324 | € 429,937 | ▼ 2% |
| Cash | € 68,695 | € 28,220 | € 40,430 | € 57,630 | ▲ 43% |
| Land & buildings | € 584,631 | € 570,328 | € 556,025 | € 541,722 | ▼ 3% |
| Retained profit | € 273,808 | € 290,223 | € 224,887 | € 230,235 | ▲ 2% |
| Dividend | € 0 | € 0 | € 76,853 | € 41,002 | ▼ 47% |
| Bank debt | € 350,821 | € 338,191 | € 189,751 | € 153,796 | ▼ 19% |
| Balance sheet total | € 783,009 | € 720,992 | € 715,396 | € 710,293 | ▼ 1% |
Key figures of Mind The Gap, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Mind The Gap?
What happened at Mind The Gap in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,350 (▲ € 34,834 vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,374 profit in 2022 to € 46,350 profit in 2025.
Paid € 41,174 in corporate taxes since 2022.
Best year ever: 2022, with € 106,374 profit.
Paid out € 117,855 in dividends to the owners in total.
Management
Behind Mind The Gap is Tom De Bruyckere. Tom De Bruyckere is also behind Vlaamse Jeugdherbergen VZW.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
't Rivierenhof 6
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0472.804.229
- VAT number
- BE 0472.804.229
- Registered office
- 't Rivierenhof 6, 9990 Maldegem
- Names & denominations
- Mind The Gap · MTG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2000
- Peppol
- Active · Active since 8 Aug 2025
- Contact
- mindthegap.be [email protected]
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Public relationsbureaus
Adviesbureaus op het gebied van public relations en communicatie