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THINK MEDIA

Open bankruptcy
Public limited companyfounded 1924KBO/BCE: BE 0404.824.154
Summary

A bankruptcy procedure is open for THINK MEDIA according to publications in the Belgian Official Gazette. The file additionally contains 1 administrative flag. The 2014 annual accounts show negative equity (-€937,074) and a net result of -€5.9m.

THINK MEDIAOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

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.

The procedure

Court
Commercial Court of Antwerp, Antwerp division
Declared bankrupt
1 April 2016
Official Gazette
06-04-2016 (pdf) ↗search the document for 2016/106071

Deadlines

Provisional date payments stopped
1 October 2015Moved back by judgment of 25 September 2017. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 21 April 2016Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 1 May 2016art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 27 May 2016Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 1 April 2017A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. This bankruptcy was opened before April 2017 and is not in RegSol: the trustee and the registry of the enterprise court keep the file.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activities of head offices
NACE 70100
1 site
Size
€394,068turnover 2014
Staff
2 FTE
Equity
-€937,074
Loss
-€5.9m
Standalone figures, without subsidiaries
Financial health
Open bankruptcy: no score
Structure
10 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2014 accounts filed 46 days lateAdministrative warnings in the KBO publicationsShow the evidence

Signals

Three signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2014 accounts filed 46 days late
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 15-09-2015, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2014
46 days late
2013
21 days early
2012
29 days late
2011
21 days early
2010
34 days early
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Address struckevent 04-10-2026
  2. Date of cessation of payments moved…Commercial Court of Antwerp, Antwerp…
  3. OpeningCommercial Court of Antwerp, Antwerp…

Key points

  • Risk: Declared bankrupttrustee: Mr Peeters Nick 01-04-2016 View
  • Caution: Result fell in 2014from -€641,511 to -€5.9m ▼ 813% View
  • Turnover 20145 financial years filed €394,068 View

By topic

Financials

Financial year
2014
Turnover
€394,068
Loss
-€5.9m
Solvency
-19.1%
Turnover▼ 0.6%
Net result
20102014
Go to Financials

Timeline

Events
59
Since
1979
  1. 15-09-2015Annual accounts filed
  2. 15-09-2015Annual accounts filed
  3. 11-07-2014Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of head officesNACE 70100
Founded
06-05-1924
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about THINK MEDIA

What is the company number of THINK MEDIA?
0404.824.154. In Belgium the VAT number is the company 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?
Public limited company (NV).
When was THINK MEDIA 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?
On average 2 full-time equivalents in financial year 2014, according to the filed annual accounts.Financials
What is the turnover of THINK MEDIA?
€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.

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