ThinkHat
ActiveThinkHat has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €-22k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.02 against 22.35 in 2024), and 13.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
86.6%
Return on assets
-34.5%
Age of the figures
8 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
3 d early
2023
1 d early
2022
31 d late
2021
16 d late
2020
40 d late
2019
87 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▼ 28.5%
2024 · €79k
2018: €29k
2019: €28k
2020: €47k
2021: €54k
2022: €63k
2023: €54k
2024: €79k
2018 → 2025
Total assets
€65k▼ 20.9%
2024 · €82k
2018: €39k
2019: €30k
2020: €60k
2021: €66k
2022: €84k
2023: €56k
2024: €82k
2018 → 2025
Net result
€-22k
2024 · €25k
2018: €16k
2019: €-383
2020: €19k
2021: €7k
2022: €20k
2023: €-10k
2024: €25k
2018 → 2025
Working capital
€52k▼ 28.2%
2024 · €73k
2018: €21k
2019: €20k
2020: €43k
2021: €53k
2022: €60k
2023: €46k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€63k▲ 16.5%€54k▼ 15.0%€79k▲ 45.7%€56k▼ 28.5%
Operating result€10k-€27k▲ 165%€-9k€33k€-22k
Net result€7k-€20k▲ 187%€-10k€25k€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €33k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€4k▼ 32.6%
Current assets
€61k▼ 20.0%
Equity and liabilities €65k
Equity
€56k▼ 28.5%
Debt
€9k▲ 155%
The debt ratio rises from 4.2% to 13.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-20k▼
2024 · €36k
Cash flow
€-20k▼
2024 · €27k
Solvency
86.6%▼
2024 · 95.8%
Current ratio
7.02▼
2024 · 22.35
Quick ratio
7.02▼
2024 · 22.35
Debt / equity
0.16▲
2024 · 0.04
ROE
-39.9%▼
2024 · 31.4%
ROA
-34.5%▼
2024 · 30.1%
Interest coverage
-123.05▼
2024 · 136.57
Debt
€9k▲
2024 · €3k
Debt ≤ 1 year
€9k▲
2024 · €3k
Income taxes
€138▼
2024 · €8k
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€82k€65k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€462€105▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€226€114▼
Financial fixed assets28-€485
Current assets29/58€76k€61k▼
Amounts receivable within one year40/41€8k€5k▼
Trade receivables40€8k€2k▼
Other amounts receivable41€0€3k▲
Cash at bank and in hand54/58€67k€55k▼
Deferred charges and accrued income490/1€849€1k▲
Equity and liabilities
Total equity and liabilities10/49€82k€65k▼
Equity10/15€79k€56k▼
Contributions10/11€12k€12k=
Reserves13€66k€66k=
Distributable reserves133€66k€66k=
Profit (loss) carried forward14-€-22k
Amounts payable17/49€3k€9k▲
Amounts payable within one year42/48€3k€9k▲
Trade debts44€298€2k▲
Suppliers440/4€298€2k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€835€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-26k▼
Other operating charges640/8€894€26k▲
Gross operating margin9900€36k€-20k▼
Operating profit (loss)9901€33k€-22k▼
Financial income75/76B€186€362▲
Recurring financial income75€186€362▲
Financial charges65/66B€260€164▼
Recurring financial charges65€260€164▼
Profit (loss) for the period before taxes9903€33k€-22k▼
Income taxes67/77€8k€138▼
Profit (loss) for the period9904€25k€-22k▼
Profit (loss) for the period to be appropriated9905€25k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€-22k▼
Transfer from equity791/2€0-
Transfer to equity691/2€25k€0▼
To other reserves6921€25k€0▼
The notes to these accounts (12 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-22k ▼191%
Net result drops to €-22k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 27.06
Current ratio from 3.88 to 27.06; short-term debt falls from €21k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Liquidity times 5current ratio 14.38
Current ratio from 3.06 to 14.38; short-term debt falls from €10k to €1k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Duffel · 1 establishment unit since 2017
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.
Leopoldstraat 362570 DuffelGround area
135 m²
Building footprint
103 m²
Volume, LiDAR
781 m³
2 parcels, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ThinkHat
since 20172.266.381.442
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0603/00X002 | Flanders | 117 m² | 1 · 103 m² | 9.0 m · 3 fl. |
| 11513C0060/00F004 | Flanders | 18 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
RS-CodeLab
BE 1008.055.573
Brasschaat · Eq €56k
FACTFUL
BE 1003.535.967
Wingene · Eq €56k
Beq-it-up
BE 0793.515.725
Tielt-Winge · Eq €56k
CASTLING ADVISORY
BE 0779.384.706
Tremelo · Eq €56k
BRIDG-e
BE 1009.981.321
Mons · Eq €56k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.