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THINK URBAN

Active
Private limited companyfounded 2011active for 14 yearsHugo Verriestlaan(Kor) 127, 8500 Kortrijk, BelgiumKBO/BCE: BE 0842.070.064
Summary

The computed 12-month bankruptcy probability of THINK URBAN is 1.9% (moderate). For THINK URBAN, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €2.4m and a net result of €665,443. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 47% of 9,641 sector peers (NACE 68, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€8.4mtotal assets 2024
Equity
€2.4m
Profit
€665,443
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
1.9%
2024 figures too old to score
Structure
Holdings
4
  • DEKEYSER LeopoldDirector
Accounts 174 days overdue1 of 3 deeds read
Signalsraises riskFigures for financial year 2024 (filed 01-05-2025)Liquidity: current ratio 1.20, cash €24,393Annual accounts not filedlowers riskSize: total assets €8.4mSector: Real estate activities (NACE 68)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency 53+7
equity 28.0% of total assets
Liquidity 35+1
short-term debt 35.2% · cash 0.3%
Profitability 38+8
return on assets 7.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,980 companies, NACE 68, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.2 percentage points vs 04-2025 06-2025: 0.1%▼ -0.3 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.2 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.4 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.6 percentage points vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 01-05-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.20, cash €24,393
NBB · annual accounts
lowers risk · Size: total assets €8.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 174 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 year end30-04-2026 deadline21-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-04-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
2 days early
2023
on the day
2022
3 days early
2021
1 day early
2020
25 days late
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: DEKEYSER Leopold (manager)Appointment: DEKEYSER Leopold (director) ·…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €665,443

Key points

  • Risk: Accounts not fileddeadline was 30-04-2026 174 days late View
  • Positive: Among the best 5% on net resultsector median €13,483 · 9,636 companies €665,443 View
  • Positive: Back in profit in 2024after -€24,552 in 2023 €665,443 View

By topic

Financials

Financial year
2024
Total assets
€8.4m
Profit
€665,443
Solvency
28.0%
Total assets▲ 4.9%
Net result
20192024
Go to Financials

Timeline

Events
18
Since
2014
  1. 30-09-2024Equity above €2m
  2. 30-04-2024Annual accounts filed
  3. 27-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
16-12-2011
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Financial year
From 1 January to 31 December
Annual meeting
First Thursday of June at 17:00
Go to Articles of association

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