Warning lights
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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.9 to 4.4.
Financials
Financial year 2025
Human Minds from Sint-Martens-Latem, company number BE0793562245, closed financial year 2025 with a result of € 23,893 after tax. For that financial year Human Minds recorded a gross margin of € 350,077 and equity of € -165,724. Compared with financial year 2024, the result moved from € -97,688 to € 23,893. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ -165,724
▲ € 23,893 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,893
▲ still € 97,688 loss in 2024
Profit after tax over the fiscal year.
€ 64,349
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -415,724.
People and assets in 2025
4.4
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 296,828
▼ 28% vs 2024
€ 67,500 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
€ 3,575
Loans from banks and other lenders, long and short.
€ 149,449
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,580
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 160,887 | € 341,351 | € 350,077 | ▲ 3% |
| Profit after taxes | € -341,929 | € -97,688 | € 23,893 | ▲ € 121,581 |
| Equity | € -91,929 | € -189,617 | € -165,724 | ▲ € 23,893 |
| Total debts | € 430,388 | € 469,754 | € 528,748 | ▲ 13% |
| Cash | € 114,202 | € 29,093 | € 64,349 | ▲ 121% |
| Retained profit | € -341,929 | € -439,617 | € -415,724 | ▲ € 23,893 |
| Bank debt | € 0 | € 0 | € 3,575 | |
| Balance sheet total | € 338,460 | € 280,137 | € 363,024 | ▲ 30% |
| Employees (FTE) | 6.9 | 6.4 | 4.4 | ▼ 2 |
Key figures of Human Minds, fiscal years 2023 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 Human Minds?
What happened at Human Minds in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- All Experts BV stepped down as director. NBB
- Creafim BV stepped down as director. NBB
- F&L Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 23,893. Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- All Experts BV became a director. NBB
- Creafim BV became a director. NBB
- F&L Management BV became a director. NBB
In short
From € 341,929 loss in 2023 to € 23,893 profit in 2025.
Paid € 2,300 in corporate taxes since 2023.
Best year ever: 2025, with € 23,893 profit.
On average € 79,600 of value added per employee in 2025.
Management
The stake of LIFEWORX GROUP, ARMAX CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Human MindsThe shares are held by LIFEWORX GROUP (100%) and ARMAX CONSULTING (11%).
Directors
According to the 2025 annual accounts
Managing director · represented by Bram Vergote
Also active at: I.DEEDS, The Corner Office, Finsiders, LIFEWORX GROUP
since 2022 · until 2028
Chairman of the board · represented by Wim Deblauwe
Also active at: Antwerps Octrooi- en Merkenbureau M.F.J. Bockstael - Bureau des Brevets et des Marques M.F.J. Bockstael, BAM BORMET, V.B.I., I.DEEDS, Theo Coertjens International, SUNDAY GROUP, Robur Capital, STACHEL +11 more
since 2022 · until 2028
Director · represented by Paskal Debusschere
Also active at: The Corner Office, Finsiders, LIFEWORX GROUP
since 2022 · until 2028
Shareholders
100%
11%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 88
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →QUALITY STREET
€ 490,053 gross margin · 2025
I.DEEDS same network
€ 2 million gross margin · 2025
Finsiders same network
€ 12 million revenue · 2025
LIFEWORX GROUP same network
€ 2.4 million revenue · 2025
ECOSCAPE
€ -93,742 gross margin · 2025
+3 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
- 0793.562.245
- VAT number
- BE 0793.562.245
- Registered office
- Kortrijksesteenweg 88, 9830 Sint-Martens-Latem
- Names & denominations
- Human Minds
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Arbeidsbemiddeling
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Andere vormen van arbeidsbemiddeling