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Thinkers Publishing

Active
Private limited companyfounded 201312 yrs activeMoorstraat 12, 9850 Deinze, BelgiumKBO/BCE: BE 0539.853.401
Summary

Thinkers Publishing has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€24,660) and a net result of €8,153. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Book publishing
NACE 58110
1 site
How big
€415,626total assets 2024
Equity
-€24,660
Profit
€8,153
Turnover not published (abridged schema)
Financially healthy?
54 Fair Checked score 2024
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 35 d early0 of 5 deeds read
Why 54Capped at 59: negative equity- Figures for FY 2024 (filed 26-08-2025)- Liquidity: current ratio 1.03, cash €14,969+ Size: total assets €415,626+ Sector Publishing activities (NACE 58)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 32% of its sector peers (NACE 58, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 19+2
equity -5.9% of total assets
Liquidity 5-17
short-term debt 97.0% · cash 3.6%
Profitability 36+35
return on assets 2.0%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,257 companies)
  • Figures for FY 2024 (filed 26-08-2025) raises the probability
  • Size: total assets €415,626 lowers the probability for this profile
  • Sector Publishing activities (NACE 58) lowers the probability
  • Liquidity: current ratio 1.03, cash €14,969 raises the probability
No credit on open account
Liquidity tight (current ratio 1.03 against 1.79 in 2023; short-term debt: 97% and cash: 3.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 58, micro). Better than this share of them on solvency 18%, liquidity 5%, profitability 31%, growth against the median 75%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 26-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €415,626
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Publishing activities (NACE 58)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 1.03, cash €14,969
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
26 d late
2023
27 d late
2022
143 d early
2021
10 d late
2020
25 d late
2019
21 d 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 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 10 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €8,153

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€24,660 View
  • Positive: Back in profit in 2024after -€55,648 in 2023 €8,153 View
  • Total assets 20246 fiscal years filed €415,626 View

By topic

Financials

Fiscal year
2024
Total assets
€415,626
Profit
€8,153
Solvency
-5.9%
Total assets▲ 3.6%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 26-06-2026Annual accounts filed
  2. 26-08-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Book publishingNACE 58110
Founded
02-10-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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