THINK²
ActiveSummary
For THINK², at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€31,678) and a net result of -€15,605. Equity is shrinking by ~83.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 26746 sector peers (fiscal year 2021). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Age of the figures
Age of the figures
57 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
61 d late
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Equity
-€31,678▼ 97.1%
2020 · -€16,073
Total assets
€874▼ 96.9%
2020 · €28,057
Net result
-€15,605▼ 225%
2020 · -€4,804
Working capital
-€31,678▼ 21.6%
2020 · -€26,055
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€4,147--€14,967▼ 261%-€3,904▲ 73.9%-€15,199▼ 289%
Net result-€9,458--€16,283▼ 72.2%-€4,804below the sector's middle half▲ 70.5%-€15,605below the sector's middle half▼ 225%
Equity€5,014--€11,269-€16,073below the sector's middle half▼ 42.6%-€31,678below the sector's middle half▼ 97.1%
Total assets€52,060-€33,127▼ 36.4%€28,057below the sector's middle half▼ 15.3%€874below the sector's middle half▼ 96.9%
Debt€47,046-€44,396▼ 5.6%€44,130▼ 0.6%€32,552▼ 26.2%
Working capital-€10,346--€23,714▼ 129%-€26,055below the sector's middle half▼ 9.9%-€31,678below the sector's middle half▼ 21.6%
Solvency9.6%--34.0%▼ 43.6pp-57.3%below the sector's middle half▼ 23.3pp
Current ratio0.35-0.09▼ 0.260.33below the sector's middle half▲ 0.24
Return on assets (ROA)-18.2%--49.2%▼ 31.0pp-17.1%below the sector's middle half▲ 32.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15,199 in 2021 against €3,904 in 2020; the loss grows and 2021 has the lowest result in the available series.
Key figures and ratios
EBITDA
-€71▼
2020 · €11,750
Cash flow
-€477▼
2020 · €10,850
Interest coverage
-0.17
Debt ≤ 1 year
€32,552▼
2020 · €38,985
Ratios withheld: a balance sheet total of €874 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,654 | €15,654 | €15,654 | €15,128 | ▼ 3.4% |
| Other operating charges640/8 | - | - | - | €1,658 | - |
| Gross operating margin9900 | €13,981 | €3,340 | €14,221 | €1,587 | ▼ 88.8% |
| Operating profit (loss)9901 | -€4,147 | -€14,967 | -€3,904 | -€15,199 | ▼ 289% |
| Recurring financial income75 | €1,136 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €406 | - |
| Recurring financial charges65 | €1,722 | €1,316 | €900 | €406 | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | -€4,733 | -€16,283 | -€4,804 | -€15,605 | ▼ 225% |
| Income taxes67/77 | €4,725 | - | - | - | - |
| Profit (loss) for the period9904 | -€9,458 | -€16,283 | -€4,804 | -€15,605 | ▼ 225% |
| Profit (loss) for the period to be appropriated9905 | -€9,458 | -€16,283 | -€4,804 | -€15,605 | ▼ 225% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €52,060 | €33,127 | €28,057 | €874 | ▼ 96.9% |
| Fixed assets21/28 | €46,437 | €30,782 | €15,128 | - | - |
| Tangible fixed assets22/27 | €46,437 | €30,782 | €15,128 | €0 | ▼ 100% |
| Current assets29/58 | €5,624 | €2,344 | €12,929 | €874 | ▼ 93.2% |
| Amounts receivable within one year40/41 | €3,311 | €1,375 | €11,982 | - | - |
| Cash at bank and in hand54/58 | €2,313 | €969 | €948 | €874 | ▼ 7.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €52,060 | €33,127 | €28,057 | €874 | ▼ 96.9% |
| Equity10/15 | €5,014 | -€11,269 | -€16,073 | -€31,678 | ▼ 97.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Uncalled capital101 | - | - | - | €12,400 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Legal reserve130 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€3,046 | -€19,329 | -€24,133 | -€39,738 | ▼ 64.7% |
| Amounts payable17/49 | €47,046 | €44,396 | €44,130 | €32,552 | ▼ 26.2% |
| Amounts payable after more than one year17 | €31,077 | €18,337 | €5,146 | - | - |
| Amounts payable within one year42/48 | €15,969 | €26,059 | €38,985 | €32,552 | ▼ 16.5% |
| Trade debts44 | - | €677 | €736 | - | - |
| Other amounts payable47/48 | - | - | - | €32,552 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,458 | -€16,283 | -€4,804 | -€15,605 | ▼ 225% |
| + Depreciation and write-downs630 | €15,654 | €15,654 | €15,654 | €15,128 | ▼ 3.4% |
| Operating cash flow (approximation) | €6,196 | -€629 | €10,850 | -€477 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - |
| Change in cash | - | -€1,344 | -€21 | -€74 | ▼ 253% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet -€16,283
Net result drops to -€16,283, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
2015
29-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 29 days late
2014
11-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Grez-Doiceau · 1 establishment unit since 2013
Ground area
5,853 m²
Building footprint
182 m²
Volume, LiDAR
1,205 m³
Parcel 25037D0030/00D009, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THINK²
since 20132.215.530.181
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0030/00D009 | Wallonia | 5,853 m² | 1 · 182 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 15,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508787665
Also
9925:BE0508787665
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.