Financials
Financial year 2024
MIND DEVLOPMENT RETAIL from Hensies, company number BE0818227365, closed financial year 2024 with a result of € 48,127 after tax. For that financial year MIND DEVLOPMENT RETAIL recorded a gross margin of € 106,440 and equity of € 241,025. Compared with financial year 2023, the result moved from € 42,786 to € 48,127. 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 September 19, 2025.
€ 241,025
▲ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,127
▲ 12% vs 2023
Profit after tax over the fiscal year.
€ 192,704
▲ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 22,350 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
€ 66,701
▼ 44% vs 2023
€ 36,717 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 202
▲ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,477
▲ € 2,464 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,629 | € 96,779 | € 100,213 | € 106,440 | ▲ 6% |
| Profit after taxes | € 29,062 | € 37,709 | € 42,786 | € 48,127 | ▲ 12% |
| Equity | € 178,592 | € 198,009 | € 215,248 | € 241,025 | ▲ 12% |
| Total debts | € 488,532 | € 444,525 | € 330,936 | € 302,587 | ▼ 9% |
| Cash | € 234,005 | € 237,024 | € 168,938 | € 192,704 | ▲ 14% |
| Land & buildings | € 429,627 | € 402,131 | € 375,344 | € 349,079 | ▼ 7% |
| Retained profit | € 159,992 | € 179,409 | € 196,648 | € 222,425 | ▲ 13% |
| Dividend | € 16,024 | € 18,292 | € 25,547 | € 22,350 | ▼ 13% |
| Bank debt | € 228,222 | € 174,898 | € 119,131 | € 66,701 | ▼ 44% |
| Balance sheet total | € 667,124 | € 642,534 | € 546,184 | € 543,612 |
Key figures of MIND DEVLOPMENT RETAIL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MIND DEVLOPMENT RETAIL?
What happened at MIND DEVLOPMENT RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 48,127 (▲ 12% vs 2023). filed late Source: NBB ↗
- New establishment in Hensies. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,062 profit in 2021 to € 48,127 profit in 2024.
Paid € 74,287 in corporate taxes since 2021.
Best year ever: 2024, with € 48,127 profit.
Paid out € 82,213 in dividends to the owners in total.
Management
Behind MIND DEVLOPMENT RETAIL is Guy Cuvelier. Guy Cuvelier is also behind Lheureux & Lavenne, assurances, A. LAVENNE ASSURFINANCE, LA PREVOTE, JOSE MAHIEU ET GUY CUVELIER and GCLW.
Directors
According to the 2024 annual accounts
Guy Cuvelier
Manager
Also active at: Lheureux & Lavenne, assurances, A. LAVENNE ASSURFINANCE, LA PREVOTE, JOSE MAHIEU ET GUY CUVELIER, GCLW, CUVELIER ASSURANCES
Establishments
Establishment units
Physical locations of this company
Rue Jean Jaurès(TH) 10 box B
7350 Hensies
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →IMMEUROPE
€ 243,380 gross margin · 2025
LA PREVOTE same network
€ 213,481 gross margin · 2025
APPAL
€ 3,450 gross margin · 2025
TECOM
€ 650,360 gross margin · 2025
Cuvelier Bastien, Assurances
€ 335,343 gross margin · 2025
+1 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
- 0818.227.365
- VAT number
- BE 0818.227.365
- Registered office
- Rue Jean Jaurès(TH) 10 bus B, 7350 Hensies
- Names & denominations
- MIND DEVLOPMENT RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2009
- Peppol
- Active · Active since 7 Apr 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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Handel in eigen onroerend goed