Think In Circles
The computed 12-month bankruptcy probability of Think In Circles is 1.7% (average). The 2024 annual accounts show equity of €10k and a net result of €8k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €8k |
| Active | 3 yrs |
| Locations | 2 |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €13k |
| Net profit | €8k |
| Cash flow | €11k |
| Staff costs | — |
| Income taxes | €2k |
| Dividends | — |
| Total assets | €34k |
| Equity | €10k |
| Debt | €24k |
| of which ≤ 1y | €7k |
| of which > 1y | — |
| Working capital | €17k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 3.52 |
| Quick ratio | 2.95 |
| Working capital ratio | 50.5% |
| Solvency | 29.7% |
| Debt / equity | 2.36 |
| Long-term debt ratio | — |
| Interest coverage | 116.96 |
| Gross margin | — |
| Net margin | — |
| ROA | 24.0% |
| ROE | 80.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €34k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €24k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €17k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €4k |
| Amounts payable | 17/49 | €24k |
| Amounts payable within one year | 42/48 | €7k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €110 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | 32990 |
| Legal form | Private limited company(610) |
| Incorporation | 09-12-2022 |
| Status | Active |
| Postal code | 9840 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0260/00A000 | Brussels | 2,681 m² | 1 · 1,193 m² | 32.8 m · 10 fl. |
| 44012C0099/00Y005 | Flanders | 390 m² | 1 · 150 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-07-2025 Rachna Ratnakar Udyavar appointed as director
- Rachna Ratnakar Udyavar — Bestuurder
Technical details
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"events": [
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"role": "bestuurder",
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"subkind": "regular",
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"compensated": null,
"effective_date": "2025-07-01",
"evidence_quote": "De vergadering heeft met \u00E9\u00E9nparigheid van stemmen beslist Rachna Ratnakar Udyavar te benoemen tot bestuurder van de vennootschap en dit met ingang van 01/07/2025.",
"decharge_status": null,
"mandate_duration": {
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"effective_date_qualifier": "immediate"
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],
"notary": {
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},
"act_meta": {
"language": "nl",
"pub_date": "2025-07-09",
"filing_date": "2025-07-01",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-06-20",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0794.597.472",
"name_full": "Think In Circles",
"legal_form": "BV"
},
"publication_proxy": {
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"org_name": null,
"person_name": "Frederik Muylle",
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"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 20/06/2025"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Think In Circles |