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Thinkitflow

Active
Private limited companyfounded 201412 yrs activeHoutemsesteenweg 8, 3380 Glabbeek, BelgiumKBO/BCE: BE 0544.439.818

Thinkitflow has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €76k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 20% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
65 / 100
Healthy= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.02 in 2024), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.1%
Return on assets
77.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 16935 sector peers (2025).
NBB · sector comparison
Position among 16935 sector peers
Solvency
better than 20%
← 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 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
115 d early
2024
48 d early
2023
44 d early
2022
40 d early
2021
41 d early
2020
51 d early
2019
44 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 months
Position in the running window
16-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€19k=
2024 · €19k
2018: €8k 2019: €20k 2020: €19k 2021: €19k 2022: €19k 2023: €19k 2024: €19k
2018 → 2025
Total assets
€98k▼ 1.3%
2024 · €99k
2018: €147k 2019: €157k 2020: €106k 2021: €94k 2022: €151k 2023: €98k 2024: €99k
2018 → 2025
Net result
€76k▲ 0.1%
2024 · €75k
2018: €65k 2019: €58k 2020: €63k 2021: €61k 2022: €73k 2023: €76k 2024: €75k
2018 → 2025
Working capital
€12k▲ 596%
2024 · €2k
2018: €6k 2019: €-6k 2020: €-28k 2021: €-29k 2022: €-21k 2023: €-10k 2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€19k-€19k=€19k=€19k=€19k=
Operating result€77k-€92k▲ 19.3%€96k▲ 4.0%€95k▼ 1.0%€95k▲ 0.2%
Net result€61k-€73k▲ 19.2%€76k▲ 4.7%€75k▼ 1.0%€76k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €77k€77kNet result 2021: €61k€61kOperating result 2022: €92k€92kNet result 2022: €73k€73kOperating result 2023: €96k€96kNet result 2023: €76k€76kOperating result 2024: €95k€95kNet result 2024: €75k€75kOperating result 2025: €95k€95kNet result 2025: €76k€76k20212022202320242025
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets €6k▼ 63.4%
Current assets €91k▲ 11.5%
Equity and liabilities €98k
Equity €19k=
Debt €79k▼ 1.6%
The debt ratio falls from 81.2% to 80.9%: debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€108k
2024 · €109k
Cash flow
€89k
2024 · €89k
Solvency
19.1%
2024 · 18.8%
Current ratio
1.16
2024 · 1.02
Quick ratio
1.16
2024 · 1.02
Debt / equity
4.24
2024 · 4.31
ROE
406.2%
2024 · 405.8%
ROA
77.5%
2024 · 76.4%
Debt
€79k
2024 · €80k
Debt ≤ 1 year
€79k
2024 · €80k
Income taxes
€20k
2024 · €20k
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€99k€98k
Fixed assets21/28€17k€6k
Tangible fixed assets22/27€16k€5k
Plant, machinery and equipment23€1k€1k
Furniture and vehicles24€14k€4k
Other tangible fixed assets26€299€84
Financial fixed assets28€990€990=
Current assets29/58€82k€91k
Amounts receivable within one year40/41€15k€19k
Trade receivables40€15k€16k
Other amounts receivable41€343€3k
Cash at bank and in hand54/58€60k€61k
Deferred charges and accrued income490/1€7k€11k
Equity and liabilities
Total equity and liabilities10/49€99k€98k
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€80k€79k
Amounts payable within one year42/48€80k€79k
Trade debts44€224€0
Suppliers440/4€224€0
Taxes, remuneration and social security45€15k€14k
Taxes450/3€3k€3k
Remuneration and social security454/9€11k€11k
Other amounts payable47/48€65k€65k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k
Other operating charges640/8€451€465
Gross operating margin9900€109k€109k
Operating profit (loss)9901€95k€95k
Financial income75/76B€2€4
Recurring financial income75€2€4
Financial charges65/66B€0€0
Recurring financial charges65€0€0
Profit (loss) for the period before taxes9903€95k€95k
Income taxes67/77€20k€20k
Profit (loss) for the period9904€75k€76k
Profit (loss) for the period to be appropriated9905€75k€76k
Appropriation of the result
Profit (loss) to be appropriated9906€75k€76k
Profit to be distributed694/7€75k€76k
Return on contributions (dividend)694€75k€76k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €76k ▲4.7%
Operating result €96k, net result €76k, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €58k ▼11.2%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Glabbeek · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Houtemsesteenweg 83380 Glabbeek
Ground area
677 m²
Building footprint
95 m²
Volume, LiDAR
597 m³
Parcel 24018D0050/00E003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thinkitflow
Houtemsesteenweg 8, 3380 GlabbeekComputing infrastructure, data processing, hosting and other information service activities
since 20142.226.347.463
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24018D0050/00E003 Flanders 677 m² 1 · 94 m² 8.6 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

Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 12,653 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-01-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.