TH!NK
ActiveSummary
TH!NK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €446k and a net result of €80k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 26.06 against 7.62 in 2024; short-term debt: 2.6% and cash: 31.5% of total assets), and 3.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.9%
Return on assets
17.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
11 d late
2024
3 d early
2023
28 d early
2022
4 d early
2021
25 d early
2020
25 d late
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€446k▲ 22.0%
2024 · €366k
2018: €36k
2019: €111k
2020: €146k
2021: €157k
2022: €254k
2023: €331k
2024: €366k
2018 → 2025
Total assets
€460k▲ 9.3%
2024 · €421k
2018: €77k
2019: €135k
2020: €174k
2021: €225k
2022: €399k
2023: €452k
2024: €421k
2018 → 2025
Net result
€80k▲ 7.8%
2024 · €75k
2018: €43k
2019: €75k
2020: €75k
2021: €84k
2022: €194k
2023: €155k
2024: €75k
2018 → 2025
Working capital
€298k▼ 18.5%
2024 · €366k
2018: €36k
2019: €94k
2020: €146k
2021: €157k
2022: €254k
2023: €331k
2024: €366k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€254k▲ 61.7%€331k▲ 30.5%€366k▲ 10.4%€446k▲ 22.0%
Operating result€106k-€262k▲ 146%€208k▼ 20.5%€93k▼ 55.5%€104k▲ 12.5%
Net result€84k-€194k▲ 131%€155k▼ 20.0%€75k▼ 51.9%€80k▲ 7.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€150k
Current assets
€310k
Equity and liabilities €460k
Equity
€446k ▲ 22.0%
Debt
€14k ▼ 74.5%
Debt's share of the balance-sheet total falls from 13.1% to 3.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
26.06▲
2024 · 7.62
Quick ratio
24.51▲
2024 · 7.53
Debt to equity
0.03▼
2024 · 0.15
ROE
18.0%▼
2024 · 20.4%
ROA
17.5%▼
2024 · 17.7%
Debt ≤ 1 year
€12k▼
2024 · €55k
Income taxes
€27k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€421k€460k▲
Fixed assets21/28-€150k
Financial fixed assets28-€150k
Current assets29/58€421k€310k▼
Stocks and contracts in progress3€5k€18k▲
Stocks30/36€5k€18k▲
Amounts receivable within one year40/41€61k€74k▲
Trade receivables40€49k€63k▲
Other amounts receivable41€12k€12k=
Current investments50/53€274k€73k▼
Cash at bank and in hand54/58€82k€145k▲
Equity and liabilities
Total equity and liabilities10/49€421k€460k▲
Equity10/15€366k€446k▲
Contributions10/11€20k€20k=
Reserves13€346k€426k▲
Distributable reserves133€346k€426k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€55k€14k▼
Amounts payable within one year42/48€55k€12k▼
Trade debts44€3k€53▼
Suppliers440/4€3k€53▼
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€13k€12k▼
Other amounts payable47/48€40k€0▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Other operating charges640/8€687€707▲
Gross operating margin9900€93k€105k▲
Operating profit (loss)9901€93k€104k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€690€506▼
Recurring financial charges65€690€506▼
Profit (loss) for the period before taxes9903€100k€107k▲
Income taxes67/77€25k€27k▲
Profit (loss) for the period9904€75k€80k▲
Profit (loss) for the period to be appropriated9905€75k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€80k▲
Transfer to equity691/2€35k€80k▲
To other reserves6921€35k€80k▲
Profit to be distributed694/7€40k€0▼
Return on contributions (dividend)694€40k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 26.06
Current ratio from 7.62 to 26.06; short-term debt falls from €55k to €12k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 7.62
Current ratio from 3.75 to 7.62; short-term debt falls from €121k to €55k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €194k ▲131%
Operating result €262k, net result €194k, both a record.
31-12
Financial
Equity above €200kEq €254k ▲61.7%
5 profitable years in a row build equity to €254k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €157k ▲7.6%
4 profitable years in a row build equity to €157k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €111k ▲206%
2 profitable years in a row build equity to €111k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Palepelstraat 129830 Sint-Martens-LatemGround area
4,118 m²
Building footprint
510 m²
Volume, LiDAR
2,609 m³
2 parcels, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TH!NK
since 20182.277.539.808
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0495/00G000 | Flanders | 2,832 m² | 1 · 367 m² | 12.3 m · 2 fl. |
| 44064B0491/00P000 | Flanders | 1,287 m² | 1 · 143 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Martens-Latem2.277.539.808
Legal Entity Identifier
8755007TGWC4PRA23R93
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,296 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
47251Retail sale of wines and spirits
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.