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THINK MEDIA

In bankruptcy Public limited companyfounded 1924KBO/BCE: BE 0404.824.154

Information for creditors

Commercial Court of Antwerp, Antwerp division · Official Gazette of 06-04-2016
Appeal or third-party opposition 21-04-2016Filing the claim in RegSol 01-05-2016First verification report 27-05-2016Late claim 01-04-2017

Trustees: Mr Peeters Nick, Mr Schwagten Werenfried. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

7 annual accounts with figures on one time axis, 36 filings since 1978
peak €26.1m (2010)
€4.9m▼ 61.7%
lowest -€9.9m (2012)
-€5.9m▼ €5.2m
peak €23.4m (2010)
-€937,074▼ €5.9m
€5.8m▼ 25.9%
peak 3.7 FTE (2012)
2 FTE▲ 11.1%
Owners7 names in the annual accountsall names
13.48% and 4 others
Documentsfilings and deeds
15-09-2015filed
2014financial year
Loss of €5.9mStaff from 1.8 FTE to 2 FTEEquity from €4.9m to -€937,074Debts from €7.9m to €5.8mCash from €145,694 to €331,001

Key points

from the 2014 annual accounts, the last ones filed

Equity

-€937,074 from €23.4m in 2010

Equity fell below zero in 2014.

Losses

-€26.2m in four years
-9.82011-9.92012-0.62013-5.92014

Every financial year from 2011 to 2014 closed with a loss. 2012 was the heaviest.

Debts

€5.8m 119% of the balance sheet
Financial debts 27%Suppliers 12%Taxes and wages 0%Other 60%

Payment terms

173 days from customers
Customers
6 to 173

Customers pay 167 days later.

Filings

36 annual accounts 55 filings since 1978
AprilJune31 JulyOctober1980199020002010

Two of the last ten came late. The 2014 accounts came latest: 46 days after the end of the period.

Standalone figures, without subsidiaries

Recent changes

Address struck effective 04-10-2026 · KBO administration
4 companies at this address later CEPHO, CREATOR ECONOMY LABS, Cauwenberghs, Cis and FUNKTIONAL REHAB · since 2018
Date of cessation of payments moved back Commercial Court of Antwerp, Antwerp division · judgment of 25-09-2017 · Bankruptcy
Bankruptcy published Commercial Court of Antwerp, Antwerp division · judgment of 01-04-2016 · Bankruptcy
All 66 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 01-04-2016
Legal form
Public limited company
Activity
Activities of head officesNACE 70100
Establishment unit
2.104.578.9109120 Beveren, since 27-08-1992
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2014

€4.9m▼ 61.7%
Filing
Filed on 15-09-2015
Financials

Insights on THINK MEDIA

Equity fell from €23.4m in 2010 to -€937,074 in 2014, while debts rose from €2.7m to €5.8m.

On 1 April 2016 the court declared THINK MEDIA bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THINK MEDIA

What is the company number of THINK MEDIA?
The company number of THINK MEDIA is 0404.824.154. The VAT number is the same number with BE in front: BE 0404.824.154.
What does THINK MEDIA do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of THINK MEDIA?
THINK MEDIA is a public limited company (NV).
When was THINK MEDIA founded?
THINK MEDIA was founded on 06-05-1924.
Is THINK MEDIA still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
How many employees did THINK MEDIA have?
THINK MEDIA had an average of 2 full-time equivalents in financial year 2014, according to the filed annual accounts.Financials
What is the turnover of THINK MEDIA?
The turnover of THINK MEDIA was €394,068 in financial year 2014, according to the filed annual accounts.
Is THINK MEDIA profitable?
In financial year 2014, THINK MEDIA made a loss of €5.9m.
Where can I find the annual accounts of THINK MEDIA?
THINK MEDIA filed 55 annual accounts with the National Bank of Belgium, the latest for financial year 2014.

Next steps

Keep this company with today's facts in a case file.