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THINK TRIPLE

Open bankruptcy
Private limited company (pre-2019)founded 2007Halfweg 1, 9000 Gent, BelgiumKBO/BCE: BE 0888.175.253

A bankruptcy procedure is open for THINK TRIPLE according to publications in the Belgian State Gazette; curator: CATHARINA JANSSENS.

Summary

The 2020 annual accounts show negative equity (-€8,519) and a net result of €6,213.

THINK TRIPLEOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
21 March 2023
Supervising judge
Firmin Bulte
Official Gazette
28-03-2023 (pdf) ↗search the document for 2023/111841

Deadlines

Provisional date payments stopped
21 September 2022Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 12 April 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 April 2023art. XX.104 and XX.155 CEL
First verification report
passed on 27 April 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 21 March 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

THINK TRIPLE was incorporated on 15 March 2007.1 The company has filed 10 sets of annual accounts, the latest for fiscal year 2020.2 On 21 March 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020
  3. 3Belgian State Gazette, 28-03-2023

Go further with this company

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

Financials · fiscal year 2020, micro schema

Equity
-€8,519▲ 42.2%
2019 · -€14,732
Total assets
€20,176▲ 220%
2019 · €6,298
Net result
€6,213
2019 · -€15,113
Working capital
-€9,763▲ 40.0%
2019 · -€16,268
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result-€14,243-€8,196
Net result-€15,113-€6,213
Equity-€14,732--€8,519▲ 42.2%
Total assets€6,298-€20,176▲ 220%
Debt€21,030-€28,696▲ 36.4%
Working capital-€16,268--€9,763▲ 40.0%
Staff (FTE)1.3
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2019: -€14,243-€14,243Net result 2019: -€15,113-€15,113Operating result 2020: €8,196€8,196Net result 2020: €6,213€6,21320192020-€20,000-€10,000€0€10,000Operating result 2019: -€14,243-€14,200Net result 2019: -€15,113-€15,100Operating result 2020: €8,196€8,200Net result 2020: €6,213€6,21020192020
The operating result returns to profit in 2020: €8,196 after a loss of €14,243 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €20,176
Fixed assets €1,243 ▼ 19.0%
Current assets €18,933 ▲ 298%
Key figures and ratios
2020 value · change against 2019
EBITDA
€8,489▲
2019 · -€13,950
Cash flow
€6,505▲
2019 · -€14,820
Solvency
-42.2%▲
2019 · -233.9%
Current ratio
0.66▲
2019 · 0.23
ROA
30.8%▲
2019 · -240.0%
Debt ≤ 1 year
€28,696▲
2019 · €21,030
Income taxes
€981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€6,298€20,176▲
Fixed assets21/28€1,536€1,243▼
Tangible fixed assets22/27€1,536€1,243▼
Current assets29/58€4,762€18,933▲
Amounts receivable within one year40/41€4,725€18,898▲
Cash at bank and in hand54/58€37€35▼
Equity and liabilities
Total equity and liabilities10/49€6,298€20,176▲
Equity10/15-€14,732-€8,519▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€24,732-€18,519▲
Amounts payable17/49€21,030€28,696▲
Amounts payable within one year42/48€21,030€28,696▲
Trade debts44€4,935€23,006▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293€293=
Gross operating margin9900-€13,035€51,160▲
Operating profit (loss)9901-€14,243€8,196▲
Recurring financial income75-€2
Recurring financial charges65€870€1,005▲
Profit (loss) for the period before taxes9903-€15,113€7,193▲
Income taxes67/77-€981
Profit (loss) for the period9904-€15,113€6,213▲
Profit (loss) for the period to be appropriated9905-€15,113€6,213▲
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293€293=
Gross operating margin9900-€13,035€51,160▲ 492%
Operating profit (loss)9901-€14,243€8,196▲ 158%
Recurring financial income75-€2-
Recurring financial charges65€870€1,005▲ 15.5%
Profit (loss) for the period before taxes9903-€15,113€7,193▲ 148%
Income taxes67/77-€981-
Profit (loss) for the period9904-€15,113€6,213▲ 141%
Profit (loss) for the period to be appropriated9905-€15,113€6,213▲ 141%
Line20192020Change
Assets
Total assets20/58€6,298€20,176▲ 220%
Fixed assets21/28€1,536€1,243▼ 19.0%
Tangible fixed assets22/27€1,536€1,243▼ 19.0%
Current assets29/58€4,762€18,933▲ 298%
Amounts receivable within one year40/41€4,725€18,898▲ 300%
Cash at bank and in hand54/58€37€35▼ 5.4%
Equity and liabilities
Total equity and liabilities10/49€6,298€20,176▲ 220%
Equity10/15-€14,732-€8,519▲ 42.2%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€24,732-€18,519▲ 25.1%
Amounts payable17/49€21,030€28,696▲ 36.4%
Amounts payable within one year42/48€21,030€28,696▲ 36.4%
Trade debts44€4,935€23,006▲ 366%
Line20192020Change
Profit (loss) for the period9904-€15,113€6,213▲ 141%
+ Depreciation and write-downs630€293€293=
Operating cash flow (approximation)-€14,820€6,505▲ 144%
Investment in fixed assets (approximation)-€0-
Change in cash--€2-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
28-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 21-03-2023
2021
24-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-03
Financial Back to profitnet €6,213
Net result €6,213 after one loss-making year.
23-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2016
23-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2015
27-01
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
26-02
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
19-02
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 19 days late
2012
15-02
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 15 days late
2011
28-02
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 28 days late
2010
11-02
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 11 days late
2009
20-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 201 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Gent · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
342 m²
Parcel 44809B0593/00M000, Flanders. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Think Triple
Halfweg 1, 9000 GentAgents in non-specialised wholesale trade
since 20072.161.951.341
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809B0593/00M000 Flanders 342 m² - -
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CATHARINA JANSSENS
FORTLAAN 77, 9000 GENT-
21-03-2023 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded15-03-2007
Fiscal year end31-03
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.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.