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THINKING FORWARD

Active Private limited companyfounded 2016active for 10 yearsMandsteenweg 16, 1785 MerchtemKBO/BCE: BE 0646.985.743

Lifetime

7 annual accounts with figures on one time axis
peak €131,706 (2025)
€131,706▲ 22.1%
lowest -€80,713 (2024)
€95,296▲ €176,009
peak €206,213 (2025)
€206,213▲ 444%
€276,343▼ 11.3%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €107,859 to €131,706Back to profit: €95,296Equity from €37,941 to €206,213

Key points

from the 2025 annual accounts

Equity

€206,213 ▲ 444%
€37,9002024€206,0002025

Equity rose in 2025 from €37,941 to €206,213.

Liquidity

3.20 was 0.44 in 2024

Short-term debts fell from €64,112 to €52,696.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 60 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as THINKING FORWARD has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 17,811 companies, not a prediction for THINKING FORWARD. 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 verdict

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Signals

Board and ownership

Director, since 26-01-2016
  • general partnerdeed of 31-12-2019
  • limited partnerdeed of 31-12-2019
Board & ownership

Recent changes

Registered office moved from Buggenhout to Merchtem New registered office: Mandsteenweg 16 bus 31, 1785 Merchtem · Previous registered office: Kasteelstraat 110, 9255 Buggenhout · Gazette deed
Registered office moved within Buggenhout New registered office: Kasteelstraat 110 te 9255 Buggenhout · Previous registered office: Kerkweg 23, 9255 Buggenhout · Gazette deed
Capital increase of €5,000 to €7,500 Capital from €2,500 to €7,500 · Change of role: , from manager to director · “Aanleggen en onderhouden van tuinen,parken; Plaatsen van afsluitingen; Plaatsen van klinkers; Leggen van…” (deed in Dutch) · General meeting of 05-12-2019 · Gazette deed
Incorporation Founding capital of €2,500, 100 shares · Founders: (general partner) and (limited partner) · Appointment: (manager) · published on 28-01-2016 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
THINKING FORWARD Merchtem €482,555 €131,706 42.7% -
Fab-iD Meise €373,176 €129,431 5.5% -
Bureau Aerts – Ingénieur Conseil Namur €472,193 €127,455 18.8% -
FEBRIS BIORISK CONSULT Aalter €545,200 €128,264 94.0% -
LDB SERVICES Lebbeke €548,631 €134,378 43.4% -
ELEMENTARY Charleroi €447,718 €113,978 94.7% -
MALMAC Ranst €446,657 €148,838 30.7% 2.1

These companies have the same main activity as THINKING FORWARD: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €373,000 and €549,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 26-01-2016Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 7 others
Establishment unit
2.249.622.2181785 Merchtem, since 26-01-2016
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €270,000estimated
€482,555▲ 38.1%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on THINKING FORWARD

THINKING FORWARD files the micro format. That format states no turnover. The gross margin rose from €33,509 in 2019 to €131,706 in 2025.

The balance sheet grew most from 2020 to 2021 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THINKING FORWARD

What is the company number of THINKING FORWARD?
The company number of THINKING FORWARD is 0646.985.743. The VAT number is the same number with BE in front: BE 0646.985.743.
Where is THINKING FORWARD based?
The registered office is at Mandsteenweg 16, 1785 Merchtem.Company details
What does THINKING FORWARD do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of THINKING FORWARD?
THINKING FORWARD is a private limited company (BV).
When was THINKING FORWARD founded?
THINKING FORWARD was founded on 26-01-2016.
Is THINKING FORWARD still active?
Yes, THINKING FORWARD is an active enterprise in the KBO register.
What is the turnover of THINKING FORWARD?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €131,706 and 36 comparable companies (NACE 711). It probably lies between €200,000 and €340,000.Financials
Is THINKING FORWARD profitable?
In financial year 2025, THINKING FORWARD made a profit of €95,296.
Where can I find the annual accounts of THINKING FORWARD?
THINKING FORWARD filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THINKING FORWARD due?
THINKING FORWARD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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