THINKNET
ActiveTHINKNET has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336k and a net result of €53k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 16759 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 4.59 in 2024), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
89.4%
Return on assets
14.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
11 d late
2020
11 d late
2019
41 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€336k▲ 18.7%
2024 · €283k
2018: €141k
2019: €173k
2020: €185k
2021: €220k
2022: €233k
2023: €240k
2024: €283k
2018 → 2025
Total assets
€376k▲ 21.5%
2024 · €309k
2018: €292k
2019: €354k
2020: €322k
2021: €325k
2022: €319k
2023: €273k
2024: €309k
2018 → 2025
Net result
€53k▲ 22.6%
2024 · €43k
2018: €24k
2019: €32k
2020: €12k
2021: €35k
2022: €37k
2023: €7k
2024: €43k
2018 → 2025
Working capital
€143k▲ 67.3%
2024 · €86k
2018: €35k
2019: €-12k
2020: €-3k
2021: €39k
2022: €57k
2023: €27k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€220k-€233k▲ 6.0%€240k▲ 3.1%€283k▲ 18.0%€336k▲ 18.7%
Operating result€52k-€56k▲ 8.6%€14k▼ 76.0%€63k▲ 365%€75k▲ 19.3%
Net result€35k-€37k▲ 6.8%€7k▼ 80.5%€43k▲ 496%€53k▲ 22.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€194k▼ 2.9%
Current assets
€182k▲ 66.1%
Equity and liabilities €376k
Equity
€336k▲ 18.7%
Debt
€40k▲ 52.9%
The debt ratio rises from 8.4% to 10.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€93k▲
2024 · €80k
Cash flow
€71k▲
2024 · €60k
Solvency
89.4%▼
2024 · 91.6%
Current ratio
4.72▲
2024 · 4.59
Quick ratio
4.72▲
2024 · 4.59
Debt / equity
0.12▲
2024 · 0.09
ROE
15.7%▲
2024 · 15.2%
ROA
14.1%▲
2024 · 13.9%
Interest coverage
111.77▲
2024 · 58.89
Debt
€40k▲
2024 · €26k
Debt ≤ 1 year
€39k▲
2024 · €24k
Income taxes
€21k▲
2024 · €18k
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€309k€376k▲
Fixed assets21/28€200k€194k▼
Tangible fixed assets22/27€198k€192k▼
Land and buildings22€167k€161k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€27k€18k▼
Other tangible fixed assets26€2k€9k▲
Financial fixed assets28€2k€2k=
Current assets29/58€110k€182k▲
Amounts receivable within one year40/41€42k€38k▼
Trade receivables40€34k€32k▼
Other amounts receivable41€8k€5k▼
Current investments50/53€20k€47k▲
Cash at bank and in hand54/58€43k€92k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€309k€376k▲
Equity10/15€283k€336k▲
Contributions10/11€6k€6k=
Reserves13€277k€330k▲
Tax-exempt reserves132€32k€32k=
Distributable reserves133€245k€298k▲
Amounts payable17/49€26k€40k▲
Amounts payable within one year42/48€24k€39k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€18k€31k▲
Taxes450/3€15k€31k▲
Remuneration and social security454/9€3k-
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€82k€96k▲
Operating profit (loss)9901€63k€75k▲
Financial income75/76B€37€210▲
Recurring financial income75€37€210▲
Financial charges65/66B€1k€834▼
Recurring financial charges65€1k€834▼
Profit (loss) for the period before taxes9903€62k€74k▲
Income taxes67/77€18k€21k▲
Profit (loss) for the period9904€43k€53k▲
Profit (loss) for the period to be appropriated9905€43k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€53k▲
Transfer to equity691/2€43k€53k▲
To other reserves6921€43k€53k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €53k ▲22.6%
Operating result €75k, net result €53k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.59
Current ratio from 1.89 to 4.59; short-term debt falls from €31k to €24k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €7k ▼80.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Equity above €200kEq €220k ▲18.8%
4 profitable years in a row build equity to €220k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Equity above €150kEq €173k ▲22.7%
2 profitable years in a row build equity to €173k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2023
GESQUEIRE Christophe
CurrentDirector · since 28-12-2023
SEVENOO Ann
CurrentDirector · since 28-12-2023
28-12-2023
GESQUEIRE Christophe: Resigned as Director
28-12-2023
GESQUEIRE Christophe: Appointed as Director
28-12-2023
SEVENOO Ann: Appointed as Director
Not every act has been read: a resignation may be missing here
1 of this company's 1 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 1999
Ground area
1,344 m²
Building footprint
174 m²
Volume, LiDAR
901 m³
Parcel 41018B1140/00M000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THINKNET BVBA
since 19992.091.049.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41018B1140/00M000 | Flanders | 1,344 m² | 1 · 174 m² | 8.5 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.
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Of 16,798 companies in sector 62100 we hold annual accounts for 8,744. 6,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-1999
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.