THINK2ACT ENERGY & MATERIALS
ActiveTHINK2ACT ENERGY & MATERIALS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38.37M and a net result of €4k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 84% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+13
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 4.34 against 8.1 in 2024; short-term debt: 0.9% and cash: 0% of total assets), and 9.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
21 d early
2024
16 d early
2023
54 d early
2022
12 d early
2021
24 d early
2020
37 d early
2020
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory
Turnover
€1.40M▼ 0.3%
2024 · €1.41M
2019: €2.72M
2020: €2.69M
2021: €2.14M
2022: €1.79M
2023: €1.09M
2024: €1.41M
2019 → 2025
EBIT margin
3.8%▲ 0.4pp
2024 · 3.4%
2019: 63.9%
2020: 71.6%
2021: 61.5%
2022: 55.5%
2023: -1.5%
2024: 3.4%
2019 → 2025
Net result
€4k▲ 33.5%
2024 · €3k
2019: €6.73M
2020: €-4.02M
2021: €582k
2022: €6.74M
2023: €-5.09M
2024: €3k
2019 → 2025
Working capital
€1.34M▼ 52.8%
2024 · €2.84M
2019: €2.12M
2020: €-6.84M
2021: €-4.58M
2022: €2.13M
2023: €107k
2024: €2.84M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.14M-€1.79M▼ 16.5%€1.09M▼ 39.2%€1.41M▲ 29.5%€1.40M▼ 0.3%
Equity€36.72M-€43.46M▲ 18.4%€38.37M▼ 11.7%€38.37M=€38.37M=
Operating result€1.31M-€991k▼ 24.7%€-16k€48k€53k▲ 11.6%
Net result€582k-€6.74M▲ 1,058%€-5.09M€3k€4k▲ 33.5%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.38M
Fixed assets
€40.64M▲ 7.3%
Current assets
€1.74M▼ 46.3%
Equity and liabilities €42.38M
Equity
€38.37M=
Debt
€4.01M▲ 45.2%
The debt ratio rises from 6.7% to 9.5%. Debt is higher.
Key figures and ratios
Solvency
90.5%▼
2024 · 93.3%
Current ratio
4.34▼
2024 · 8.10
Quick ratio
4.34▼
2024 · 8.10
Debt / equity
0.10▲
2024 · 0.07
ROE
0.0%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Debt
€4.01M▲
2024 · €2.76M
Debt ≤ 1 year
€401k▲
2024 · €400k
Debt > 1 year
€3.30M▲
2024 · €2.25M
Income taxes
€0▲
2024 · €-14
Staff costs
€57k▲
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41.13M€42.38M▲
Fixed assets21/28€37.89M€40.64M▲
Financial fixed assets28€37.89M€40.64M▲
Affiliated companies280/1€37.08M€39.83M▲
Participating interests280€36.23M€36.23M=
Amounts receivable281€850k€3.60M▲
Other financial fixed assets284/8€813k€813k=
Amounts receivable and cash guarantees285/8€813k€813k=
Current assets29/58€3.24M€1.74M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.70M€1.73M▲
Trade receivables40€553k€431k▼
Other amounts receivable41€1.14M€1.30M▲
Current investments50/53€1.40M€0▼
Other investments51/53€1.40M€0▼
Cash at bank and in hand54/58€137k€8k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€41.13M€42.38M▲
Equity10/15€38.37M€38.37M=
Contributions10/11€34.75M€34.75M=
Capital10€34.75M€34.75M=
Issued capital100€34.75M€34.75M=
Reserves13€416k€417k=
Non-distributable reserves130/1€388k€388k=
Legal reserve130€388k€388k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€3.20M€3.21M▲
Amounts payable17/49€2.76M€4.01M▲
Amounts payable after more than one year17€2.25M€3.30M▲
Other amounts payable178/9€2.25M€3.30M▲
Amounts payable within one year42/48€400k€401k▲
Trade debts44€167k€166k▼
Suppliers440/4€167k€166k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€0-
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€228k€228k=
Accrued charges and deferred income492/3€111k€308k▲
Income statement
Code20242025
Operating income70/76A€1.41M€1.41M▼
Turnover70€1.41M€1.40M▼
Other operating income74€9k€11k▲
Operating charges60/66A€1.37M€1.36M▼
Services and other goods61€1.33M€1.30M▼
Remuneration, social security and pensions62€38k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€2k▼
Operating profit (loss)9901€48k€53k▲
Financial income75/76B€148k€147k▼
Recurring financial income75€148k€147k▼
Income from financial fixed assets750€144k€145k▲
Income from current assets751€4k€3k▼
Other financial income752/9€0-
Financial charges65/66B€193k€197k▲
Recurring financial charges65€193k€197k▲
Debt charges650€192k€196k▲
Other financial charges652/9€1k€757▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€3k€4k▲
Income taxes67/77€-14€0▲
Taxes670/3€0-
Tax adjustments and reversals of tax provisions77€14€0▼
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.20M€3.21M▲
Profit (loss) brought forward from the previous period14P€3.20M€3.20M▲
Transfer to equity691/2€134€179▲
To the legal reserve6920€134€179▲
Social balance
Average headcount (FTE)90870.60.6=
The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 8.10
Current ratio from 1.28 to 8.10.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
31-12
Financial
Weakest financial yearnet €-5.09M ▼176%
Net result drops to €-5.09M, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
31-12
Financial
Highest result since 2019net €6.74M ▲1058%
Net result €6.74M, the highest in the series.
31-12
Financial
Liquidity times 51current ratio 7.62
Current ratio from 0.15 to 7.62; short-term debt falls from €5.38M to €321k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
31-12
Financial
Back to profitnet €582k
Net result €582k after one loss-making year.
31-12
Financial
Equity above €25MEq €36.72M ▲379%
Equity rises from €7.67M to €36.72M.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2016
06-05
State Gazette act
General meeting · Share issue
Statutes amendment · Director resignation
2012
01-03
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-03-2023
Resigned as Director
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baronielaan 88870 IzegemGround area
1,462 m²
Building footprint
331 m²
Volume, LiDAR
833 m³
2 parcels, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Filip Lesaffer
since 20112.195.999.727
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0486/00F003 | Flanders | 1,252 m² | 1 · 224 m² | 6.5 m · 1 fl. |
| 41302C1047/00D007 | Flanders | 210 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 25,232 EUR awarded · 25,232 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,043 EUR | 6,043 EUR |
| 2024 | 1 | 4,676 EUR | 4,676 EUR |
| 2023 | 1 | 6,293 EUR | 6,293 EUR |
| 2022 | 1 | 8,220 EUR | 8,220 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 2,427 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-02-2011
Fiscal year end31-12
Abbreviation NL
T2A E&M
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.