ThinkForward
ActiveThinkForward has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €94k. Equity is shrinking by ~28.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+6
Solvency26=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.7%
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 risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
0.6%
Return on assets
22.6%
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 7740 sector peers (2025).
NBB · sector comparisonPosition among 7740 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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 d early
2024
28 d early
2023
24 d early
2022
8 d early
2021
26 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 24.3%
2024 · €3k
2021: €72k
2022: €170k
2023: €304k
2024: €3k
2021 → 2025
Total assets
€418k▲ 14.0%
2024 · €367k
2021: €86k
2022: €186k
2023: €328k
2024: €367k
2021 → 2025
Net result
€94k▲ 46.7%
2024 · €64k
2021: €70k
2022: €98k
2023: €134k
2024: €64k
2021 → 2025
Working capital
€-60k▼ 23.5%
2024 · €-48k
2021: €70k
2022: €168k
2023: €303k
2024: €-48k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€170k▲ 137%€304k▲ 79.2%€3k▼ 99.0%€2k▼ 24.3%
Operating result€88k-€125k▲ 41.8%€171k▲ 36.8%€83k▼ 51.5%€142k▲ 71.1%
Net result€70k-€98k▲ 40.5%€134k▲ 37.2%€64k▼ 52.1%€94k▲ 46.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €418k
Fixed assets
€286k▲ 1.3%
Current assets
€132k▲ 56.5%
Equity and liabilities €418k
Equity
€2k▼ 24.3%
Debt
€416k▲ 14.3%
The debt ratio rises from 99.2% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€151k▼
2024 · €156k
Cash flow
€104k▼
2024 · €137k
Solvency
0.6%▼
2024 · 0.8%
Current ratio
0.69▲
2024 · 0.64
Quick ratio
0.69▲
2024 · 0.64
ROA
22.6%▲
2024 · 17.5%
Interest coverage
9.92▼
2024 · 20.92
Debt
€416k▲
2024 · €364k
Debt ≤ 1 year
€191k▲
2024 · €133k
Debt > 1 year
€217k▼
2024 · €228k
Income taxes
€32k▲
2024 · €17k
A ratio outside any meaningful range has been withheld (balance sheet total €418k, equity €2k).
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€367k€418k▲
Fixed assets21/28€282k€286k▲
Tangible fixed assets22/27€280k€284k▲
Land and buildings22€277k€271k▼
Furniture and vehicles24€19€6k▲
Other tangible fixed assets26€3k€6k▲
Financial fixed assets28€2k€2k=
Current assets29/58€84k€132k▲
Amounts receivable within one year40/41€19k€28k▲
Trade receivables40€5k€14k▲
Other amounts receivable41€14k€14k=
Cash at bank and in hand54/58€63k€102k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€367k€418k▲
Equity10/15€3k€2k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€1k€318▼
Amounts payable17/49€364k€416k▲
Amounts payable after more than one year17€228k€217k▼
Financial debts170/4€228k€214k▼
Other amounts payable178/9-€3k
Amounts payable within one year42/48€133k€191k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€20k€9k▼
Taxes450/3€20k€9k▼
Other amounts payable47/48€95k€167k▲
Accrued charges and deferred income492/3€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€9k▼
Other operating charges640/8€796€1k▲
Gross operating margin9900€156k€152k▼
Operating profit (loss)9901€83k€142k▲
Financial income75/76B€6k€105▼
Recurring financial income75€6k€105▼
Financial charges65/66B€7k€15k▲
Recurring financial charges65€7k€15k▲
Profit (loss) for the period before taxes9903€81k€126k▲
Income taxes67/77€17k€32k▲
Profit (loss) for the period9904€64k€94k▲
Profit (loss) for the period to be appropriated9905€64k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€95k▲
Profit (loss) brought forward from the previous period14P€2k€1k▼
Transfer from equity791/2€300k-
Profit to be distributed694/7€365k€95k▼
Return on contributions (dividend)694€365k€95k▼
The notes to these accounts (10 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €64k ▼52.1%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €134k ▲37.2%
Operating result €171k, net result €134k, both a record.
31-12
Financial
Equity above €200kEq €304k ▲79.2%
3 profitable years in a row build equity to €304k.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €170k ▲137%
2 profitable years in a row build equity to €170k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Brecht · 1 establishment unit since 2020
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.
Meidoornlaan 282960 BrechtGround area
429 m²
Building footprint
87 m²
Volume, LiDAR
656 m³
Parcel 11042A0002/00Z022, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ThinkForward
since 20202.310.330.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0002/00Z022 | Flanders | 429 m² | 1 · 87 m² | 10.7 m · 2 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
Dimi’s Pools & Landscaping
BE 0743.375.633
Herk-de-Stad · Eq €2k
HMD COMPANY
BE 0767.499.038
Kapelle-op-den-Bos · Eq €2k
DYNAFOCUS
BE 0502.573.925
Courcelles · Eq €2k
Rsource
BE 0777.825.776
Bekkevoort · Eq €2k
PELIT 54
BE 0749.889.578
Brussel · Eq €2k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 1,944 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
1 entryE-mail:thinkforwardbv@gmail.com