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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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.
€ 246,693
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 170,992
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 577,461
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 167,353 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 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
None
No bank loans on the last day of the fiscal year.
€ 662,989
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,960
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,599 | € 110,523 | € 104,813 | € 128,230 | ▲ 22% |
| Profit after taxes | € -8,191 | € 88,718 | € 97,809 | € 170,992 | ▲ 75% |
| Equity | € 246,693 | € 246,693 | € 246,693 | € 246,693 | |
| Total debts | € 744,376 | € 652,699 | € 840,760 | € 896,941 | ▲ 7% |
| Cash | € 323,566 | € 261,036 | € 489,567 | € 577,461 | ▲ 18% |
| Retained profit | € 186,193 | € 186,193 | € 186,193 | € 186,193 | |
| Dividend | € 0 | € 88,718 | € 94,157 | € 167,353 | ▲ 78% |
| Bank debt | € 75,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 991,068 | € 899,391 | € 1,087,453 | € 1,143,634 | ▲ 5% |
| Employees (FTE) | 2 | 1.3 | 1.2 | 1.2 |
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:
- New annual accounts for financial year 2025: profit of € 170,992 (▲ 75% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- New establishment in Kortenberg. KBO
- 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.
Management
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
Director · represented by Johan Nagels
Shareholders
Johan Nagels
Participations
33.3%
Establishments
Establishment units
Physical locations of this company
Sluisstraat 79 box 3.1
3000 Leuven
Guldendellestraat 59
3070 Kortenberg
Active since 27 February 2018
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.
All companies at this address →Landelijke Vereniging Outward Bound School België
€ 231,684 gross margin · 2025
ALTERA
€ 77,593 gross margin · 2025
OUTWARD BOUND TRAINING CENTER
€ 395,615 gross margin · 2025
TENFORCE
€ 7.8 million revenue · 2025
VECTOR BROSS
€ 563,585 gross margin · 2025
+58 more
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
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