Financials
- Financial year
- 2025
- Total assets
- €11,181
- Profit
- €5,470
- Solvency
- -127.7%
Total assets▲ 227%
Net result
20182025
THINKCREATE
ActiveSummary
The computed 12-month bankruptcy probability of THINKCREATE is 1.8% (moderate). The 2025 annual accounts show negative equity (-€14,273) and a net result of €5,470. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 22,632 sector peers (NACE 47, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521
1 site
Size
≈ €75,000turnover 2025, estimated
- Equity
- -€14,273
- Profit
- €5,470
Turnover estimated from the gross margin
Structure
- Parent
- Consilio-Group · 100%
- Bart MuysDirector
- VAN DAM WesleyDirector
2025 accounts on time3 of 5 deeds summarised
Why 55raises riskNegative equity -€14,2731 change of registered office in 24 months2 of the last 3 latelowers riskSize: total assets €11,181Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency
0=
equity -127.7% of total assets
Liquidity
47-3
short-term debt 227.7% · cash 37.5%
Profitability
100+100
return on assets 48.9%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 2.2%● unchanged vs 11-2024
01-2025: 2.2%● unchanged vs 12-2024
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.2%● unchanged vs 02-2025
04-2025: 2.2%● unchanged vs 03-2025
05-2025: 2.1%▼ -0.1 percentage points vs 04-2025
06-2025: 2.1%● unchanged vs 05-2025
07-2025: 2.1%● unchanged vs 06-2025
08-2025: 2.8%▲ +0.7 percentage points vs 07-2025
09-2025: 3.1%▲ +0.3 percentage points vs 08-2025
10-2025: 4.6%▲ +1.5 percentage points vs 09-2025
11-2025: 4.7%▲ +0.1 percentage points vs 10-2025
12-2025: 5.9%▲ +1.2 percentage points vs 11-2025
01-2026: 7.9%▲ +2.0 percentage points vs 12-2025highest value
02-2026: 7.7%▼ -0.2 percentage points vs 01-2026
03-2026: 7.8%▲ +0.1 percentage points vs 02-2026
04-2026: 7.2%▼ -0.6 percentage points vs 03-2026
05-2026: 7.2%● unchanged vs 04-2026
06-2026: 1.2%▼ -6.0 percentage points vs 05-2026lowest value
07-2026: 1.9%▲ +0.7 percentage points vs 06-2026
08-2026: 1.9%● unchanged vs 07-2026
09-2026: 1.8%▼ -0.1 percentage points vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.29, below 1; short-term debt: 227.7% and cash: 37.5% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 46% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 22632 sector peers (2025).
NBB · sector comparisonPosition among 22632 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2023
90 days late
2022
32 days late
2021
152 days early
2020
9 days late
2019
83 days late
2018
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
- Permanent representative: Wesley Van DamRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: Bart Muys (director)Permanent representative: Wesley Van Dam
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- Consilio-Group · 100%
- Bart MuysDirector
- VAN DAM WesleyDirector
Timeline
- Events
- 14
- Since
- 2019
- 30-09-2025Back to profit
- 24-01-2025Resignations: GOEDERT David (director) and VAN DAM…
- 29-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of hardware, building materials, paint and…NACE 47521
- Founded
- 09-01-2018
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Who signs
- Each director alone
- Annual meeting
- Second Friday of February at 17:00
- Purpose
- “Algemene bouw van residentiële gebouwen; Algemene bouw van kantoorgebouwen; Algemene bouw…” (deed in Dutch)
Key facts about THINKCREATE
- What is the company number of THINKCREATE?
- 0687.709.214. In Belgium the VAT number is the company number with BE in front: BE 0687.709.214.
- Where is THINKCREATE based?
- The registered office is at Ambachtsstraat 1, 2400 Mol.Company details
- What does THINKCREATE do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of THINKCREATE?
- Private limited company (BV).
- When was THINKCREATE founded?
- On 09-01-2018.
- Is THINKCREATE still active?
- Yes, THINKCREATE is an active enterprise in the KBO register.
- What is the turnover of THINKCREATE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is THINKCREATE profitable?
- In financial year 2025, THINKCREATE made a profit of €5,470.
- Where can I find the annual accounts of THINKCREATE?
- THINKCREATE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Companies related to THINKCREATE
Parent and group
- Consilio-Group100%
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