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ThinkForward

Active Private limited companyfounded 2020active for 5 yearsMeidoornlaan 28, 2960 BrechtKBO/BCE: BE 0758.788.834

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €172,394 (2023)
€152,121▼ 2.7%
peak €134,262 (2023)
€94,258▲ 46.7%
peak €303,815 (2023)
€2,318▼ 24.3%
€415,606▲ 14.3%
Board1 name since 2020
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Result from €64,246 to €94,258Dividend €95,000Equity from €3,060 to €2,318Cash from €62,614 to €102,440

Key points

from the 2025 annual accounts

Equity

€2,318 from €303,815 in 2023

Equity fell by 99% in 2 years.

Turnover

≈ €230,000 estimated

The micro format states no turnover.

Debts

€415,606 99% of the balance sheet
Financial debts 52%Suppliers 0%Taxes and wages 2%Other 46%

Of this, €191,491 falls due within a year.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 8 to 28 days before the end of the period.

Position in the sector

0.6%

Lower solvency than 86% of companies in office administrative support. Sector median 50.3% · 9,696 companies.

Checked score

91
Excellent
Financially stronger than 39% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

26=equity 0.6% of total assets
58+3short-term debt 45.8% · cash 24.5%
97+6return on assets 22.6%

Score breakdown

raises risk
Equity €2,318 (0.6% of total assets)
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Size: total assets €417,924
Liquidity: current ratio 0.69, cash €102,440
Calculation

The band follows from the bankruptcy probability. 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 82, micro). It does better than 13% of them on solvency, 52% on liquidity, 71% on profitability and 20% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as ThinkForward has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of ThinkForward itself is lower: 0.1% within 12 months. It rests on far more data about ThinkForward than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for ThinkForward. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Size: total assets €417,924
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €2,318 (0.6% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.69, cash €102,440
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9696 sector peers (2025).
NBB · sector comparison
Position among 9696 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 filings
Deviation from the deadline
2025
24 days early
2024
28 days early
2023
24 days early
2022
8 days early
2021
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 22 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VB
Director, since 25-11-2020
  • VAN BERCHEM Bart Marcel Philomena Jean Pierre 200 sharesdeed of 30-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0758788834
Incorporation Founding capital of €2,000, 200 shares · Founder: VAN BERCHEM Bart Marcel Philomena Jean Pierre · Appointment: VAN BERCHEM Bart Marcel Philomena Jean Pierre (director) · published on 30-11-2020 · Gazette deed
First establishment Meidoornlaan 28, Brecht
All 12 events

Comparable companies

same main activity, similar in size and age
Company
ThinkForward Brecht €417,924 €152,121 0.6% -
Lasko Turnhout €391,238 €162,006 22.8% -
Stimo Ranst €486,433 €176,774 19.7% -
Stephan Brouwers Edegem €515,455 €171,441 34.7% -
FRAPACK Antwerp €527,708 €170,369 23.4% -
Gilles Cools Zedelgem €436,740 €169,244 35.0% -
ACCONA Heusden-Zolder €452,154 €172,892 27.2% -

These companies have the same main activity as ThinkForward: other business support services (NACE 82990). They are comparable in size and age: total assets between €391,000 and €528,000, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 26-11-2020Normal situation
Activity
Other business support servicesNACE 82990and 4 others
Establishment unit
2.310.330.7562960 Brecht, since 26-11-2020
Financial year end
31 December
Peppol
Reachable since 11-01-2024
Company details

Annual accounts 2025

€152,121▼ 2.7%
€94,258▲ 46.7%
€2,318▼ 24.3%
€417,924▲ 14.0%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on ThinkForward

ThinkForward files the micro format. That format states no turnover. The gross margin rose from €89,928 in 2021 to €152,121 in 2025.

The balance sheet grew most from 2022 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 07-07-2026, 24 days before the deadline
€152,121
▼ 2.7%
€141,538
▲ 71.1%
€94,258
▲ 46.7%
-€59,571
▼ €11,324
0.6%
▼ 0.3 percentage points
0.69
▲ 0.05

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €230,000. Estimated: probably between €180,000 and €320,000.

Balance sheet

balance sheet total €417,924 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

0.6%

Higher than 14% of 9,696 companies in 2025.

0.69

Higher than 18% of 9,314 companies in 2025.

22.6%

Higher than 66% of 9,438 companies in 2025.

ThinkForward Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 417,924366,673327,800185,85786,101
21/28 286,004282,3862,8002,8043,327
22/27 283,754280,1365505541,077
22 270,976276,940---
24 6,469195505541,077
26 6,3093,177---
28 2,2502,2502,2502,2502,250
29/58 131,92084,287325,000183,05382,774
29 --50,00025,000-
291 --50,00025,000-
40/41 28,33919,43313,98812,89912,197
40 13,8424,93713,98812,28211,458
41 14,49614,496-617739
54/58 102,44062,614257,229142,82768,651
490/1 1,1422,2413,7842,3281,926
Balance sheet: equity and liabilities
10/49 417,924366,673327,800185,85786,101
10/15 2,3183,060303,815169,55371,659
10/11 2,0002,0002,0002,0002,000
13 --300,000165,00065,000
133 --300,000165,00065,000
14 3181,0601,8152,5534,659
17/49 415,606363,61323,98516,30414,442
17 217,146228,168---
170/4 214,446228,168---
178/9 2,700----
42/48 191,491132,53422,35214,75812,870
42 13,72313,258---
44 1,6544,5601,5211,2441,185
440/4 1,6544,5601,5211,2441,185
45 9,26319,70420,60513,51411,686
450/3 9,26319,70420,60513,51411,686
47/48 166,85295,011226--
492/3 6,9692,9101,6341,5461,572
Income statement
9900 152,121156,344172,394125,63789,928
630 9,42972,8141,0045231,574
640/8 1,154796769360373
9901 141,53882,734170,621124,75387,982
75/76B 1055,5603,01540418
75 1055,5603,01540418
65/66B 15,2197,434414526518
65 15,2197,434414526518
9903 126,42480,860173,222124,63287,482
67/77 32,16616,61538,96026,73817,823
9904 94,25864,246134,26297,89469,659
9905 94,25864,246134,26297,89469,659
Appropriation of the result
9906 95,31866,060136,815102,55369,659
14P 1,0601,8152,5534,659-
791/2 -300,000---
691/2 --135,000100,00065,000
6921 --135,000100,00065,000
694/7 95,000365,000---
694 95,000365,000---
Document PDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 07-07-2026 2026-00261926 PDF
31-12-2024 micro format 03-07-2025 2025-00222855 PDF
31-12-2023 micro format 07-07-2024 2024-00217172 PDF
31-12-2022 micro format 23-07-2023 2023-00260299 PDF
31-12-2021 micro format 05-07-2022 2022-20132357 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
150,966155,548171,625125,27789,556
103,686137,059135,26698,41771,233
13,046352,4001,00003,819
39,826-194,615114,40274,175-
-59,571-48,247302,648168,29569,903
0.6%0.8%92.7%91.2%83.2%
0.690.6414.5412.406.43
--0.080.100.20
--44.2%57.7%97.2%
22.6%17.5%41.0%52.7%80.9%
9.9220.92over 100over 100over 100

A ratio outside any meaningful range has been withheld (balance sheet total €417,924, equity €2,318).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€25,000€25,000---
€225,000€225,000---
Carrying value of the mortgaged assets€270,976€276,940---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€13,046€352,400€1,000-€1,569
Financial fixed assets----€2,250
€9,429€72,814€1,004€523€1,574

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ThinkForward

The operating result for 2025 is 71% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 99.2% to 99.4%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 25-11-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 07-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VAN BERCHEM Bart Marcel Philomena Jean Pierre
Director (not named in the articles)
Board
Mandates as a list
  • VAN BERCHEM Bart Marcel Philomena Jean Pierre
    • Director (not named in the articles), from 25-11-2020 to date

See the board, name and registered office on a given date →

Control

This company
ThinkForward
Equity €2,318
Profit €94,258 in 2025

Capital

Contribution
€2,000
Shares
200
Contribution per share
€10
Equity per share
€11.59 in 2025
Source
deed of 30-11-2020

Articles of association

deed of 30-11-2020 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Indien er meer dan één bestuurder is, kiezen in hun midden in voorkomend geval”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Binnen het kader van het dagelijks bestuur wordt de vennootschap geldig verbonden door een aangestelde tot dit bestuur. Binnen het kader van…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 30-11-2020 ↗

Network & group

No group

ThinkForward has no parent and no holdings in its annual accounts. VAN BERCHEM Bart Marcel Philomena Jean Pierre is the only director. ThinkForward shares no director with another company.

At the same address

Meidoornlaan 28, 2960 Brecht · 1 other company
Project K
registered office since 05-08-2025
founded in 2025
1026.210.114

Timeline

Timeline

12 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 24 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
2024
Weakest financial year net €64,246 ▼52.1% The net result drops to €64,246, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 24 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0758788834
2023
Highest result from 2021 to 2025 net €134,262 ▲37.2% The operating result of €170,621 and the net result of €134,262 are both a record.
Equity above €200,000 equity €303,815 ▲79.2% With a profit in every financial year since 2021, equity grows to €303,815.
Annual accounts 2022 filed PDFmicro format · 8 days before the deadline
2022
Equity above €150,000 equity €169,553 ▲137% With a profit in every financial year since 2021, equity grows to €169,553.
Annual accounts 2021 filed PDFmicro format · 26 days before the deadline
2020
IncorporationFounding capital of €2,000, 200 shares · Founder: VAN BERCHEM Bart Marcel Philomena Jean Pierre · Appointment: VAN BERCHEM Bart Marcel Philomena Jean Pierre (director) · published on 30-11-20205 points ▸

Open the deed in the Belgian Official Gazette

First establishment Meidoornlaan 28, Brecht

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 26 November 2020, ThinkForward was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 VAN BERCHEM Bart Marcel Philomena Jean Pierre has served as director since 2020.3 Total assets went from €86,101 in 2021 to €417,924 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-11-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0758.788.834
VAT number
BE 0758.788.834
Peppol ID
0208:0758788834
Other Peppol ID
9925:BE0758788834
Legal form
Private limited company
Status
Active, normal situation
Founded
26-11-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Binnen het kader van het dagelijks bestuur wordt de vennootschap geldig verbonden door een aangestelde tot dit bestuur. Binnen het kader van…”
deed of 30-11-2020 (in Dutch)
Peppol
Reachable since 11-01-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ThinkForward in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82990 Other business support services main activity
64200 Holdings
68100 Real estate activities
68201 Real estate activities
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“Consultancy-activiteiten; Studie-,organisatie- en raadgevend bureau inzake handelsrelaties met buitenlandse organisaties; Het verlenen van…”
11 activities
  1. Consultancy-activiteiten;
  2. Studie-,organisatie- en raadgevend bureau inzake handelsrelaties met buitenlandse organisaties;
  3. Het verlenen van adviezen;
  4. Activiteiten van projectontwikkeling in de meest ruime zin;
  5. Het optreden als tussenpersoon in alle handelstransacties in binnen- en buitenland;
  6. De aan- en verkoop,in- en uitvoer,en vertegenwoordiging van om het even welke goederen in binnen- en buitenland;
  7. Het verlenen van managementactiviteiten,het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven;
  8. Het deelnemen in,het financieren van andere ondernemingen van welke aard ook,het instaan voor schulden van derden,het beleggen van vermogen voor eigen rekening,zomede al hetgeen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn;
  9. Pedagogische didactische ondersteuning.
  10. Voor eigen rekening of voor rekening van derden of in deelnemingen met derden
  11. Het beheer van patrimonium in de ruimste zin van het woord
deed of 30-11-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Meidoornlaan 28 registered office 2960 Brecht 26-11-2020 2.310.330.756

Buildings and parcels at the address

Ground area
429 m²
Buildings
87 m²
Volume, LiDAR
656 m³
Tallest building
10.7 m
Buildings to scale, each on its own parcel
87 m², 10.7 m 87 m², 10.7 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11042A0002/00Z022429 m² 1 · 87 m² 10.7 m · 2

Contact

E-mail thinkforwardbv@gmail.com