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ThinkBureau

Active
Private limited companyfounded 20196 yrs activeKoning Boudewijnlaan (DEN) 2, 9200 Dendermonde, BelgiumKBO/BCE: BE 0737.848.019

ThinkBureau has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €16k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
62 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+13
Solvency33▼-29
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
7.9%
Return on assets
21.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 17007 sector peers (2025).
NBB · sector comparison
Position among 17007 sector peers
Solvency
better than 14%
← weakest strongest →
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
56 d early
2024
27 d early
2023
28 d early
2022
20 d early
2021
37 d early
2020
29 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€6k▼ 85.2%
2024 · €40k
2020: €15k 2021: €22k 2022: €22k 2023: €27k 2024: €40k
2020 → 2025
Total assets
€74k▼ 30.9%
2024 · €107k
2020: €57k 2021: €74k 2022: €55k 2023: €42k 2024: €107k
2020 → 2025
Net result
€16k▲ 30.6%
2024 · €12k
2020: €14k 2021: €6k 2022: €-173 2023: €6k 2024: €12k
2020 → 2025
Working capital
€-24k
2024 · €14k
2020: €3k 2021: €-3k 2022: €-84 2023: €16k 2024: €14k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€22k-€22k▼ 0.8%€27k▲ 25.6%€40k▲ 45.3%€6k▼ 85.2%
Operating result€10k-€2k▼ 82.2%€8k▲ 390%€17k▲ 107%€23k▲ 29.9%
Net result€6k-€-173€6k€12k▲ 122%€16k▲ 30.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €10k€10kNet result 2021: €6k€6kOperating result 2022: €2k€2kNet result 2022: €-173€-173Operating result 2023: €8k€8kNet result 2023: €6k€6kOperating result 2024: €17k€17kNet result 2024: €12k€12kOperating result 2025: €23k€23kNet result 2025: €16k€16k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets €41k▼ 21.8%
Current assets €33k▼ 39.6%
Equity and liabilities €74k
Equity €6k▼ 85.2%
Debt €68k▲ 1.4%
The debt ratio rises from 62.8% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39k
2024 · €31k
Cash flow
€32k
2024 · €26k
Solvency
7.9%
2024 · 37.2%
Current ratio
0.57
2024 · 1.34
Quick ratio
0.57
2024 · 1.34
Debt / equity
11.59
2024 · 1.69
ROE
275.8%
2024 · 31.2%
ROA
21.9%
2024 · 11.6%
Interest coverage
18.94
2024 · 25.09
Debt
€68k
2024 · €67k
Debt ≤ 1 year
€57k
2024 · €40k
Debt > 1 year
€11k
2024 · €27k
Income taxes
€4k
2024 · €4k
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€107k€74k
Fixed assets21/28€52k€41k
Tangible fixed assets22/27€52k€41k
Plant, machinery and equipment23€2k€6k
Furniture and vehicles24€50k€35k
Financial fixed assets28€200€200=
Current assets29/58€54k€33k
Amounts receivable within one year40/41€22k€14k
Trade receivables40€21k€13k
Other amounts receivable41€1k€625
Cash at bank and in hand54/58€30k€17k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€107k€74k
Equity10/15€40k€6k
Contributions10/11€1k€1k=
Reserves13€39k€5k
Distributable reserves133€39k€5k
Amounts payable17/49€67k€68k
Amounts payable after more than one year17€27k€11k
Financial debts170/4€27k€11k
Amounts payable within one year42/48€40k€57k
Current portion of amounts payable after more than one year42€15k€16k
Trade debts44€4k€2k
Suppliers440/4€4k€2k
Taxes, remuneration and social security45€5k€6k
Taxes450/3€5k€6k
Other amounts payable47/48€17k€34k
Income statement Code20242025
Non-recurring operating income76A€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k
Other operating charges640/8€556€544
Gross operating margin9900€31k€39k
Operating profit (loss)9901€17k€23k
Financial income75/76B€19€60
Recurring financial income75€19€60
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€16k€21k
Income taxes67/77€4k€4k
Profit (loss) for the period9904€12k€16k
Profit (loss) for the period to be appropriated9905€12k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€16k
Transfer from equity791/2-€34k
Transfer to equity691/2€12k-
To other reserves6921€12k-
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2020net €16k ▲30.6%
Operating result €23k, net result €16k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.34
Current ratio from 1.00 to 2.34; short-term debt falls from €24k to €12k.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-173 ▼103%
Net result drops to €-173, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Koning Boudewijnlaan (DEN) 29200 Dendermonde
Ground area
309 m²
Building footprint
118 m²
Volume, LiDAR
503 m³
Parcel 42006B0589/00K002, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ThinkBureau
Koning Boudewijnlaan (DEN) 2, 9200 DendermondeIT consultancy
since 20192.296.093.037
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42006B0589/00K002 Flanders 309 m² 1 · 118 m² 9.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,797 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-11-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.