Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mynd-Ware from Kortrijk, company number BE0781697363, closed financial year 2025 with a result of € -14,360 after tax. For that financial year Mynd-Ware recorded a gross margin of € 98,767 and equity of € 141,415. Compared with financial year 2024, the result moved from € -38,465 to € -14,360. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 141,415
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,360
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 49,721
▲ 167% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,766.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 98,615
▲ 62% vs 2024
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
€ 200,000
▼ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 264,430
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,080
▲ 164% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -98,551 | € 213,464 | € 126,793 | € 98,767 | ▼ 22% |
| Profit after taxes | € -99,401 | € 120,460 | € -38,465 | € -14,360 | ▲ € 24,104 |
| Equity | € -98,401 | € 22,059 | € 97,491 | € 141,415 | ▲ 45% |
| Total debts | € 337,748 | € 318,980 | € 416,479 | € 494,509 | ▲ 19% |
| Cash | € 2,711 | € 3,027 | € 18,629 | € 49,721 | ▲ 167% |
| Retained profit | € -99,401 | € 21,059 | € -17,406 | € -31,766 | ▼ € 14,360 |
| Bank debt | € 200,000 | € 200,000 | € 252,188 | € 200,000 | ▼ 21% |
| Balance sheet total | € 239,347 | € 341,040 | € 513,970 | € 635,924 | ▲ 24% |
Key figures of Mynd-Ware, 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 Mynd-Ware?
What happened at Mynd-Ware in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,360. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 99,401 loss in 2022 to € 14,360 loss in 2025.
Paid € 409 in corporate taxes since 2022.
Best year ever: 2023, with € 120,460 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Mynd-Ware are N4M BV, MMEC BV and T.I.P.P. BV. The shares are held by Jelle Demeulemeester, Mathieu Mottrie and Jef Vandenberghe.
Directors
According to the 2025 annual accounts
Director · represented by Jelle Demeulemeester
Shareholders
Jelle Demeulemeester
Mathieu Mottrie
Jef Vandenberghe
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vaartstraat(Kor) 130
8500 Kortrijk
Walle(Kor) 113 G
8500 Kortrijk
Active since 7 February 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0781.697.363
- VAT number
- BE 0781.697.363
- Registered office
- Vaartstraat(Kor) 130, 8500 Kortrijk
- Names & denominations
- Mynd-Ware
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2022
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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