THINK
ActiveSummary
The computed 12-month bankruptcy probability of THINK is 3.8% (moderate). The 2024 annual accounts show negative equity (-€4,788) and a net result of -€2,199. Equity is shrinking by ~59.6% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€4,788
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
79 d late
2022
46 d late
2021
73 d late
2020
80 d late
2019
131 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 76 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€4,788▼ 85.0%
2023 · -€2,588
Total assets
€13,255▲ 4.5%
2021 · €12,683
Net result
-€2,199▼ 54.6%
2023 · -€1,423
Working capital
-€1,166
2021 · €55
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,893-€3,103▼ 63.9%-€2,132▲ 31.3%-€2,066▲ 3.1%-€2,199▼ 6.4%
Net result-€595-€2,244▼ 277%-€1,221▲ 45.6%-€1,423▼ 16.5%-€2,199▼ 54.6%
Equity€2,299▼ 20.6%€55▼ 97.6%-€1,166-€2,588▼ 122%-€4,788▼ 85.0%
Total assets€13,393▲ 4.8%€12,683▼ 5.3%€13,255▲ 4.5%
Debt€11,094▲ 12.2%€12,628▲ 13.8%€14,421▲ 14.2%€2,588▼ 82.1%€4,788▲ 85.0%
Working capital€2,299▼ 20.6%€55▼ 97.6%-€1,166
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 €2,199 in 2024 against €2,066 in 2023; the loss grows.
Key figures and ratios
Debt to equity
-1.00=
2023 · -1.00
Debt ≤ 1 year
€4,788▲
2023 · €2,588
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €449 | €450 | €493 | €505 | ▲ 2.4% |
| Gross operating margin9900 | -€1,445 | -€2,655 | -€1,683 | -€1,573 | -€1,694 | ▼ 7.7% |
| Operating profit (loss)9901 | -€1,893 | -€3,103 | -€2,132 | -€2,066 | -€2,199 | ▼ 6.4% |
| Financial income75/76B | - | €859 | €911 | €644 | - | - |
| Recurring financial income75 | €1,298 | €859 | €911 | €644 | - | - |
| Profit (loss) for the period before taxes9903 | -€595 | -€2,244 | -€1,221 | -€1,423 | -€2,199 | ▼ 54.6% |
| Profit (loss) for the period9904 | -€595 | -€2,244 | -€1,221 | -€1,423 | -€2,199 | ▼ 54.6% |
| Profit (loss) for the period to be appropriated9905 | -€595 | -€2,244 | -€1,221 | -€1,423 | -€2,199 | ▼ 54.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,393 | €12,683 | €13,255 | - | - | - |
| Current assets29/58 | €13,393 | €12,683 | €13,255 | - | - | - |
| Amounts receivable within one year40/41 | €13,393 | €12,683 | €13,255 | - | - | - |
| Other amounts receivable41 | - | €12,683 | €13,255 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,393 | €12,683 | €13,255 | - | €0 | - |
| Equity10/15 | €2,299 | €55 | -€1,166 | -€2,588 | -€4,788 | ▼ 85.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €10 | €10 | €10 | €10 | €10 | = |
| Non-distributable reserves130/1 | - | €10 | €10 | €10 | €10 | = |
| Reserves not available under the articles1311 | - | €10 | €10 | €10 | €10 | = |
| Profit (loss) carried forward14 | -€3,910 | -€6,154 | -€7,376 | -€8,798 | -€10,998 | ▼ 25.0% |
| Amounts payable17/49 | €11,094 | €12,628 | €14,421 | €2,588 | €4,788 | ▲ 85.0% |
| Amounts payable within one year42/48 | €11,094 | €12,628 | €14,421 | €2,588 | €4,788 | ▲ 85.0% |
| Trade debts44 | €11,010 | €12,628 | €14,421 | €493 | - | - |
| Suppliers440/4 | - | €12,628 | €14,421 | €493 | - | - |
| Other amounts payable47/48 | - | - | - | €2,095 | €4,788 | ▲ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€595 | -€2,244 | -€1,221 | -€1,423 | -€2,199 | ▼ 54.6% |
| Operating cash flow (approximation) | -€595 | -€2,244 | -€1,221 | -€1,423 | -€2,199 | ▼ 54.6% |
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
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 79 days late
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
31-12
Financial
Back to profitnet €3,202
Net result €3,202 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Boechout · 1 establishment unit since 2013
Ground area
1,661 m²
Building footprint
236 m²
Volume, LiDAR
2,028 m³
Parcel 11004B0406/00D003, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
THINK
since 20132.225.604.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004B0406/00D003 | Flanders | 1,661 m² | 1 · 236 m² | 10.2 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.