THINK FREIGHT
ActiveThe file of THINK FREIGHT contains 4 historical bankruptcy publications, as published in the Belgian State Gazette. For THINK FREIGHT, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 11.4% (high). The 2023 annual accounts show negative equity (€-24k) and a net result of €-41k. The figures fluctuate too strongly year-on-year for a reliable trend projection.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-100
Solvency0▼-39
Growth32▼-46
Track record85
Bankruptcy probability, 12 months
11.4%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 2023Solvency, return and age of the figures
Solvency
-49.6%
Return on assets
-83.5%
Age of the figures
33 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-03-2025, 222 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
222 d late
2022
366 d late
2021
731 d late
2020
132 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-24k
2022 · €17k
2020: €6k
2021: €-72k
2022: €17k
2020 → 2023
Total assets
€49k▼ 59.3%
2022 · €120k
2020: €799k
2021: €13k
2022: €120k
2020 → 2023
Net result
€-41k
2022 · €88k
2020: €3k
2021: €-78k
2022: €88k
2020 → 2023
Working capital
€-6k
2022 · €10k
2020: €-4k
2021: €-80k
2022: €10k
2020 → 2023
Multi-year overview
Available amounts per fiscal year
Line2020202120222023Trend
Equity€6k-€-72k€17k€-24k
Operating result€5k-€-77k€93k€-5k
Net result€3k-€-78k€88k€-41k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €5k after €93k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €49k
Fixed assets
€6k=
Current assets
€43k▼ 62.5%
Key figures and ratios
EBITDA
€-5k▼
2022 · €94k
Cash flow
€-41k▼
2022 · €90k
Solvency
-49.6%▼
2022 · 13.8%
Current ratio
0.88▼
2022 · 1.10
Quick ratio
0.88▼
2022 · 1.10
Debt / equity
-3.02▼
2022 · 6.25
ROA
-83.5%▼
2022 · 73.6%
Interest coverage
-86.78▼
2022 · 564.62
Debt
€73k▼
2022 · €104k
Debt ≤ 1 year
€49k▼
2022 · €104k
Income taxes
€38k▲
2022 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€120k€49k▼
Fixed assets21/28€6k€6k=
Financial fixed assets28€6k€6k=
Current assets29/58€114k€43k▼
Amounts receivable within one year40/41€113k€41k▼
Trade receivables40€74k€0▼
Other amounts receivable41€39k€41k▲
Cash at bank and in hand54/58€861€861=
Deferred charges and accrued income490/1-€731
Equity and liabilities
Total equity and liabilities10/49€120k€49k▼
Equity10/15€17k€-24k▼
Contributions10/11€3k€3k=
Capital10€3k-
Issued capital100€3k-
Profit (loss) carried forward14€14k€-27k▼
Amounts payable17/49€104k€73k▼
Amounts payable within one year42/48€104k€49k▼
Financial debts43€15€0▼
Credit institutions430/8€15€0▼
Trade debts44€98k€6k▼
Suppliers440/4€98k€6k▼
Taxes, remuneration and social security45€6k€43k▲
Taxes450/3€6k€43k▲
Accrued charges and deferred income492/3-€25k
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€0▼
Other operating charges640/8-€784
Non-recurring operating charges66A-€6k
Gross operating margin9900€94k€2k▼
Operating profit (loss)9901€93k€-5k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€167€55▼
Recurring financial charges65€167€55▼
Profit (loss) for the period before taxes9903€92k€-3k▼
Income taxes67/77€4k€38k▲
Profit (loss) for the period9904€88k€-41k▼
Profit (loss) for the period to be appropriated9905€88k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-27k▼
Profit (loss) brought forward from the previous period14P€-75k€14k▲
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
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 222 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 366 days late
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 731 days late
2023
20-09
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · THINK FREIGHT SRL BOULEVARD DE LA WOLUWE 60D/1, 1200 WOLUWE-SAINT-LAMBERT. déclarée le 24 juillet 2023 · event 11-09-2023
01-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · THINK FREIGHT SRL BOULEVARD DE LA WOLUWE 60D/1, 1200 WOLUWE-SAINT-LAMBERT · event 24-07-2023
2022
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
31-12
Financial
Liquidity times 21current ratio 1.10
Current ratio from 0.05 to 1.10.
2021
31-12
Financial
Weakest financial yearnet €-78k ▼2565%
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
28-12
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · THINK FREIGHT BV HEYVAERTSTRAAT 130, 1080 SINT-JANS-MOLENBEEK · event 21-12-2021
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
19-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · THINK FREIGHT BV HEYVAERTSTRAAT 130, 1080 SINT-JANS-MOLENBEEK · event 12-10-2021
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2019
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.
Woluwedal 60d1200 Sint-Lambrechts-WoluweGround area
2,410 m²
Building footprint
1,306 m²
Volume, LiDAR
22,761 m³
Parcel 21674C0167/00B002, Brussels · tallest building 27.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
THINK FREIGHT
since 20192.296.214.286
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0167/00B002 | Brussels | 2,410 m² | 1 · 1,306 m² | 27.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN HENDERICKX RUE DE STASSART 48 BL C/6,
1050 IXELLES |
24-07-2023 → present |
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
12-10-2021 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.