THINKCREATE
ActiveTHINKCREATE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
16
/ 100
Critical▼ -1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-127.7%
Return on assets
48.9%
Age of the figures
11 mo
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 17964 sector peers (2025).
NBB · sector comparisonPosition among 17964 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 d late
2022
32 d late
2021
152 d early
2020
9 d late
2019
83 d late
2018
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€-14k▲ 27.7%
2023 · €-20k
2018: €3k
2019: €-2k
2020: €9k
2021: €10k
2022: €-3k
2023: €-20k
2018 → 2025
Total assets
€11k▲ 227%
2023 · €3k
2018: €4k
2019: €4k
2020: €9k
2021: €16k
2022: €2k
2023: €3k
2018 → 2025
Net result
€5k
2023 · €-17k
2018: €-3k
2019: €-5k
2020: €11k
2021: €2k
2022: €-13k
2023: €-17k
2018 → 2025
Working capital
€-18k▲ 8.1%
2023 · €-20k
2018: €3k
2019: €-2k
2020: €9k
2021: €5k
2022: €-3k
2023: €-20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€9k-€10k▲ 17.3%€-3k€-20k▼ 658%€-14k▲ 27.7%
Operating result€11k-€2k▼ 77.6%€-13k€-17k▼ 33.5%€6k
Net result€11k-€2k▼ 85.9%€-13k€-17k▼ 32.0%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €17k in 2023.
Balance-sheet composition
Assets €11k
Fixed assets
€4k
Current assets
€7k
Key figures and ratios
EBITDA
€7k
Cash flow
€6k
Solvency
-127.7%
Current ratio
0.29
Quick ratio
0.29
Debt / equity
-1.78
ROE
-38.3%
ROA
48.9%
Interest coverage
20.03
Debt
€25k▲
2023 · €23k
Debt ≤ 1 year
€25k▲
2023 · €23k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€3k€11k▲
Fixed assets21/28-€4k
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Current assets29/58€3k€7k▲
Amounts receivable within one year40/41€67€3k▲
Trade receivables40-€3k
Other amounts receivable41€67€256▲
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3k€11k▲
Equity10/15€-20k€-14k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-26k€-20k▲
Amounts payable17/49€23k€25k▲
Amounts payable within one year42/48€23k€25k▲
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Other amounts payable47/48€8k€16k▲
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€725
Other operating charges640/8€109€641▲
Gross operating margin9900€-17k€7k▲
Operating profit (loss)9901€-17k€6k▲
Financial charges65/66B€206€326▲
Recurring financial charges65€206€326▲
Profit (loss) for the period before taxes9903€-17k€5k▲
Profit (loss) for the period9904€-17k€5k▲
Profit (loss) for the period to be appropriated9905€-17k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-20k▲
Profit (loss) brought forward from the previous period14P€-9k€-26k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
01-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
31-12
Financial
Liquidity times 29current ratio 19.72
Current ratio from 0.69 to 19.72; short-term debt falls from €6k to €473.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
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.
04-06-2024
GOEDERT David: Resigned as Director
05-08-2022
Laurens GEELEN: Resigned as Director
05-08-2022
Steff GRIELEN: Resigned as Director
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2018
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.
Ambachtsstraat 12400 MolGround area
3.0 ha
Building footprint
8,333 m²
Volume, LiDAR
41,078 m³
Parcel 13434F0213/00C000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THINKCREATE
since 20182.272.277.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0213/00C000indicative | Flanders | 3.0 ha | 1 · 8,333 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
BEGEKA
BE 0763.775.129
Hasselt · Eq €10k
Ijzerwarenmagazijnen De Oude Pik
BE 0405.792.372
Herentals · Eq €11k
CASA ARGENTAURUM
BE 0434.930.677
Gent · Eq €10k
EMDproducts
BE 1011.800.565
Anzegem · Eq €11k
C.E.J.
BE 0445.824.371
Seraing · Eq €11k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2018
Fiscal year end30-09
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
70200Business and other management consultancy
70220Business consulting
82990Other business support services
85510Sports and recreation education
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93199Other sports activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.