What does MindWave Group do?

MindWave Group is an IT company in Leuven. Private Limited, started on 27 February 2018, 2 establishments.

What is the address of MindWave Group?

The registered office of MindWave Group is located at Sluisstraat 79 box 3.1, 3000 Leuven.

Is MindWave Group still active?

Yes. According to the CBE (30 October 2026) MindWave Group is active, legal situation “Normale toestand”, started on 27 February 2018.

Is MindWave Group registered on Peppol?

Yes, MindWave Group is registered on the Peppol network with ID 0208:0690994544.

What is the enterprise number of MindWave Group?

The enterprise number of MindWave Group is BE0690994544.

When was MindWave Group founded?

MindWave Group was founded on 27 February 2018.

Who are the directors of MindWave Group?

According to the 2025 annual accounts, the directors of MindWave Group are: Alpacatech BV.

Is MindWave Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 February 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did MindWave Group make in 2025?

MindWave Group posted a profit after taxes of € 170,992 in financial year 2025.

What is the revenue of MindWave Group?

As a small company, MindWave Group is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 128,230.

How much does an employee at MindWave Group earn?

The average wage cost per full-time employee at MindWave Group was € 64,400 in 2025: staff costs of € 77,257 for 1.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MindWave Group have?

According to the 2025 annual accounts, MindWave Group has 1.2 full-time equivalents (FTE).

MindWave Group (Private Limited) - Leuven - BE0690994544

Dossier MindWave Group, printed on 30 October 2026 from databakkes.be/en/0690994544/mindwave-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

63 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MindWave Group from Leuven, company number BE0690994544, closed financial year 2025 with a result of € 170,992 after tax. For that financial year MindWave Group recorded a gross margin of € 128,230 and equity of € 246,693. Compared with financial year 2024, the result moved from € 97,809 to € 170,992. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.

What it is worth Healthy

€ 246,693

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 170,992

▲ 75% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 577,461

▲ 18% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 167,353 paid out

98 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

1.2

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 77,257

▲ 5% vs 2024

€ 64,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 662,989

▼ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 62,960

▲ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 117,599 Gross margin 2022: € 117,599 First fiscal year in the series	€ 110,523 Gross margin 2023: € 110,523 ▼ 6% vs 2022 (€ 117,599) Unfavourable step	€ 104,813 Gross margin 2024: € 104,813 ▼ 5% vs 2023 (€ 110,523) Unfavourable step	€ 128,230 Gross margin 2025: € 128,230 ▲ 22% vs 2024 (€ 104,813) Favourable step	▲ 22%
Profit after taxes	€ -8,191 Profit after taxes 2022: € -8,191 First fiscal year in the series	€ 88,718 Profit after taxes 2023: € 88,718 ▲ € 96,909 vs 2022 (€ -8,191) Favourable step	€ 97,809 Profit after taxes 2024: € 97,809 ▲ 10% vs 2023 (€ 88,718) Favourable step	€ 170,992 Profit after taxes 2025: € 170,992 ▲ 75% vs 2024 (€ 97,809) Favourable step	▲ 75%
Equity	€ 246,693 Equity 2022: € 246,693 First fiscal year in the series	€ 246,693 Equity 2023: € 246,693 Unchanged (€ 246,693) Unchanged	€ 246,693 Equity 2024: € 246,693 Unchanged (€ 246,693) Unchanged	€ 246,693 Equity 2025: € 246,693 Unchanged (€ 246,693) Unchanged
Total debts	€ 744,376 Total debts 2022: € 744,376 First fiscal year in the series	€ 652,699 Total debts 2023: € 652,699 ▼ 12% vs 2022 (€ 744,376) Favourable step	€ 840,760 Total debts 2024: € 840,760 ▲ 29% vs 2023 (€ 652,699) Unfavourable step	€ 896,941 Total debts 2025: € 896,941 ▲ 7% vs 2024 (€ 840,760) Unfavourable step	▲ 7%
Cash	€ 323,566 Cash 2022: € 323,566 First fiscal year in the series	€ 261,036 Cash 2023: € 261,036 ▼ 19% vs 2022 (€ 323,566) Unfavourable step	€ 489,567 Cash 2024: € 489,567 ▲ 88% vs 2023 (€ 261,036) Favourable step	€ 577,461 Cash 2025: € 577,461 ▲ 18% vs 2024 (€ 489,567) Favourable step	▲ 18%
Retained profit	€ 186,193 Retained profit 2022: € 186,193 First fiscal year in the series	€ 186,193 Retained profit 2023: € 186,193 Unchanged (€ 186,193) Unchanged	€ 186,193 Retained profit 2024: € 186,193 Unchanged (€ 186,193) Unchanged	€ 186,193 Retained profit 2025: € 186,193 Unchanged (€ 186,193) Unchanged
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 88,718 Dividend 2023: € 88,718 Unchanged (€ 0) Unchanged	€ 94,157 Dividend 2024: € 94,157 ▲ 6% vs 2023 (€ 88,718) Unchanged	€ 167,353 Dividend 2025: € 167,353 ▲ 78% vs 2024 (€ 94,157) Unchanged	▲ 78%
Bank debt	€ 75,000 Bank debt 2022: € 75,000 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 75,000) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 991,068 Balance sheet total 2022: € 991,068 First fiscal year in the series	€ 899,391 Balance sheet total 2023: € 899,391 ▼ 9% vs 2022 (€ 991,068) Unchanged	€ 1,087,453 Balance sheet total 2024: € 1,087,453 ▲ 21% vs 2023 (€ 899,391) Unchanged	€ 1,143,634 Balance sheet total 2025: € 1,143,634 ▲ 5% vs 2024 (€ 1,087,453) Unchanged	▲ 5%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 ▼ 0.7 vs 2022 (2) Unchanged	1.2 Employees (FTE) 2024: 1.2 ▼ 0.1 vs 2023 (1.3) Unchanged	1.2 Employees (FTE) 2025: 1.2 Unchanged (1.2) Unchanged

Key figures of MindWave Group, 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 MindWave Group?

What happened at MindWave Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 15, 2026 New annual accounts for financial year 2025: profit of € 170,992 (▲ 75% vs 2024). Source: NBB ↗
Jan 1, 2019 New establishment in Leuven. KBO
Feb 27, 2018 New establishment in Kortenberg. KBO
Feb 27, 2018 Start of the company according to the CBE. KBO

In short

From € 8,191 loss in 2022 to € 170,992 profit in 2025.

Paid € 24,370 in corporate taxes since 2022.

Best year ever: 2025, with € 170,992 profit.

On average € 106,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Johan Nagels

Alpacatech

MindWave Group

MindWave Greece Single Member 100%

MindWave Coop 33.3%

Behind MindWave Group is Alpacatech BV. The shares are held by Johan Nagels and Alpacatech. It owns 100% of MindWave Greece Single Member and 33.3% of MindWave Coop itself.

Directors

According to the 2025 annual accounts

Alpacatech BV

Director · represented by Johan Nagels

Shareholders

Johan Nagels

Alpacatech

Participations

MindWave Greece Single Member

100%

MindWave Coop

33.3%

Establishments

Establishment units

Physical locations of this company

Registered office

Sluisstraat 79 box 3.1

3000 Leuven

2.273.409.091

Guldendellestraat 59

3070 Kortenberg

Active since 27 February 2018

2.293.702.580

Sluisstraat 79 box 801

3000 Leuven

Active since 1 January 2019

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0690.994.544

VAT number

BE 0690.994.544

Registered office

Sluisstraat 79 bus 3.1, 3000 Leuven

Names & denominations

MindWave Group

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 February 2018

Peppol

Active · Active since 20 May 2025

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

MindWave Group

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Financials

What happened to MindWave Group?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions