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THINKNET

Active
Private limited companyfounded 1999active for 27 yearsBroekstraat 10, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0465.494.387
Summary

THINKNET has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336,090 and a net result of €52,865. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 87% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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THINKNETActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Overview

Official details

Source: KBO
Status
Active since 16-03-1999 Normal situation
Activity
Computer programming NACE 62100
Establishment unit
2.091.049.685 9500 Geraardsbergen, since 17-05-1999
Financial year end
31 December
Peppol
Reachable since 04-02-2025
Company details

Board and ownership

Board
Shareholders
  • Christophe - Ann Gesqueire-Sevenooannual accounts 2017
Board & ownership

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€95,663
▲ 16.9%
Turnover
≈ €220,000
estimated
Profit
€52,865
▲ 22.6%
Equity
€336,090
▲ 18.7%
Total assets
€375,860
▲ 21.5%
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Financials
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 4.72, cash €92,455Sector: Computer programming, consultancy and related activities (NACE 62)Equity €336,090 (89.4% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in computer programming and consultancy (NACE 62)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.4% of total assets
Liquidity 81+13
short-term debt 10.3% · cash 24.6%
Profitability 86=
return on assets 14.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 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%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.72 (4.59 in 2024), above the usual 1.5. Short-term debt is 10.3% and cash 24.6% of total assets. 10.6% of the assets are financed with debt and provisions.
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 62, micro). It does better than 85% of them on solvency, 64% on liquidity, 49% on profitability and 64% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.72, cash €92,455
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €336,090 (89.4% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
29 days late
2022
31 days late
2021
11 days late
2020
11 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 30 August (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
02-11-2026 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

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495107.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 27 filings

Turnover
≈ €220,000
Estimated: probably between €190,000 and €280,000
Total assets
€375,860▲ 21.5%
2024 · €309,242
Net result
€52,865▲ 22.6%
2024 · €43,114
Working capital
€143,311▲ 67.3%
2024 · €85,636
In the rankings #4 oldest company in Geraardsbergen, Telecoms and IT sector
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 19% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€74,930 2025 Net result€52,865 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€35,851-€49,528▲ 38.2%€21,643▼ 56.3%€51,893▲ 140%€56,368▲ 8.6%€13,513▼ 76.0%€62,832▲ 365%€74,930▲ 19.3%
Net result€24,489-€31,962▲ 30.5%€11,840within the sector's middle half▼ 63.0%€34,720within the sector's middle half▲ 193%€37,087within the sector's middle half▲ 6.8%€7,235within the sector's middle half▼ 80.5%€43,114within the sector's middle half▲ 496%€52,865within the sector's middle half▲ 22.6%
Equity€141,105-€173,067▲ 22.7%€184,907above the sector's middle half▲ 6.8%€219,626above the sector's middle half▲ 18.8%€232,876above the sector's middle half▲ 6.0%€240,111above the sector's middle half▲ 3.1%€283,225above the sector's middle half▲ 18.0%€336,090above the sector's middle half▲ 18.7%
Total assets€291,734-€354,472▲ 21.5%€322,323above the sector's middle half▼ 9.1%€325,107above the sector's middle half▲ 0.9%€319,465above the sector's middle half▼ 1.7%€272,754within the sector's middle half▼ 14.6%€309,242above the sector's middle half▲ 13.4%€375,860above the sector's middle half▲ 21.5%
Debt€150,629-€174,686▲ 16.0%€132,377▼ 24.2%€102,121▼ 22.9%€84,910▼ 16.9%€32,642▼ 61.6%€26,017▼ 20.3%€39,770▲ 52.9%
Working capital€34,801--€12,394-€3,027below the sector's middle half▲ 75.6%€38,583within the sector's middle half€56,721within the sector's middle half▲ 47.0%€27,320within the sector's middle half▼ 51.8%€85,636within the sector's middle half▲ 213%€143,311above the sector's middle half▲ 67.3%
Solvency48.4%-48.8%▲ 0.5pp57.4%within the sector's middle half▲ 8.5pp67.6%within the sector's middle half▲ 10.2pp72.9%within the sector's middle half▲ 5.3pp88.0%above the sector's middle half▲ 15.1pp91.6%above the sector's middle half▲ 3.6pp89.4%above the sector's middle half▼ 2.2pp
Current ratio1.82-0.85▼ 0.970.95below the sector's middle half▲ 0.111.70within the sector's middle half▲ 0.751.96within the sector's middle half▲ 0.251.89within the sector's middle half▼ 0.064.59within the sector's middle half▲ 2.694.72within the sector's middle half▲ 0.13
Return on assets (ROA)8.4%-9.0%▲ 0.6pp3.7%within the sector's middle half▼ 5.3pp10.7%within the sector's middle half▲ 7.0pp11.6%within the sector's middle half▲ 0.9pp2.7%below the sector's middle half▼ 9.0pp13.9%within the sector's middle half▲ 11.3pp14.1%within the sector's middle half▲ 0.1pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €375,860
Fixed assets €193,979 ▼ 2.9%
Current assets €181,881 ▲ 66.1%
Equity and liabilities €375,860
Equity €336,090 ▲ 18.7%
Debt €39,770 ▲ 52.9%
Debt's share of the balance-sheet total rises from 8.4% to 10.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€93,162▲
2024 · €80,013
Cash flow
€71,096▲
2024 · €60,295
Debt to equity
0.12▲
2024 · 0.09
ROE
15.7%▲
2024 · 15.2%
Interest coverage
over 100▲
2024 · 58.89
Debt ≤ 1 year
€38,570▲
2024 · €23,878
Income taxes
€21,442▲
2024 · €18,396
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Mortgage mandates€200,000€200,000€200,000€200,000-
Carrying value of the mortgaged assets---€166,600-

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

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€685€48,034€2,013€12,483
Depreciation and write-downs of the year€29,630€28,810€36,675€17,181€18,232

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

Subsidies and aid

Flemish government

2024 · 1 entry · €899 awarded · €899 paid
Schemes
1 entry · €899 · €899 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as THINKNET: computer programming (NACE 62100). They are comparable in size and age: total assets between €322,000 and €439,000, founded between 1998 and 2001.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
THINKNET Geraardsbergen1999€375,860€336,090€95,663€52,8652025
TRACE IT Herzele1999€376,057€44,336€108,362-€36,8202025
NEBO Gent2001€361,652€351,771€84,699€53,5182025
HVH Systems Dendermonde2001€378,158€4,547€81,595-€105,0672025
Bold Graphics Lievegem2001€321,941€130,400€93,611€40,3162025
BS-essentials Lievegem2001€438,872€413,957€98,198€63,2462025
ROEL DIELTJENS SOLUTIONS Nijlen1998€369,266€309,722€94,018€58,8072025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as THINKNET has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of THINKNET itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 31,368 companies, not a prediction for THINKNET. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€309,242€375,860▲
Fixed assets21/28€199,728€193,979▼
Tangible fixed assets22/27€197,869€192,120▼
Land and buildings22€166,600€160,720▼
Plant, machinery and equipment23€1,792€3,958▲
Furniture and vehicles24€27,283€18,095▼
Other tangible fixed assets26€2,194€9,347▲
Financial fixed assets28€1,859€1,859=
Current assets29/58€109,514€181,881▲
Amounts receivable within one year40/41€42,047€37,890▼
Trade receivables40€33,880€32,473▼
Other amounts receivable41€8,167€5,417▼
Current investments50/53€19,502€46,818▲
Cash at bank and in hand54/58€43,430€92,455▲
Deferred charges and accrued income490/1€4,534€4,717▲
Equity and liabilities
Total equity and liabilities10/49€309,242€375,860▲
Equity10/15€283,225€336,090▲
Contributions10/11€6,200€6,200=
Reserves13€277,025€329,890▲
Tax-exempt reserves132€32,097€32,097=
Distributable reserves133€244,928€297,793▲
Amounts payable17/49€26,017€39,770▲
Amounts payable within one year42/48€23,878€38,570▲
Current portion of amounts payable after more than one year42€1,822-
Trade debts44€4,495€7,827▲
Suppliers440/4€4,495€7,827▲
Taxes, remuneration and social security45€17,560€30,743▲
Taxes450/3€14,784€30,743▲
Remuneration and social security454/9€2,776-
Accrued charges and deferred income492/3€2,139€1,200▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,181€18,232▲
Other operating charges640/8€1,810€2,501▲
Gross operating margin9900€81,823€95,663▲
Operating profit (loss)9901€62,832€74,930▲
Financial income75/76B€37€210▲
Recurring financial income75€37€210▲
Financial charges65/66B€1,359€834▼
Recurring financial charges65€1,359€834▼
Profit (loss) for the period before taxes9903€61,510€74,307▲
Income taxes67/77€18,396€21,442▲
Profit (loss) for the period9904€43,114€52,865▲
Profit (loss) for the period to be appropriated9905€43,114€52,865▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,114€52,865▲
Transfer to equity691/2€43,114€52,865▲
To other reserves6921€43,114€52,865▲

The notes to these accounts have 7 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.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,688€30,523€30,561€29,630€28,810€36,675€17,181€18,232▲ 6.1%
Other operating charges640/8---€1,109€1,645€2,243€1,810€2,501▲ 38.2%
Gross operating margin9900€48,922€81,302€53,680€82,632€86,824€52,431€81,823€95,663▲ 16.9%
Operating profit (loss)9901€35,851€49,528€21,643€51,893€56,368€13,513€62,832€74,930▲ 19.3%
Financial income75/76B----€679€0€37€210▲ 473%
Recurring financial income75€1,062€0€9-€679€0€37€210▲ 473%
Financial charges65/66B---€2,438€3,897€1,022€1,359€834▼ 38.7%
Recurring financial charges65€3,330€4,008€3,164€2,438€3,897€1,022€1,359€834▼ 38.7%
Profit (loss) for the period before taxes9903€33,583€45,520€18,488€49,455€53,150€12,491€61,510€74,307▲ 20.8%
Transfer from deferred taxes780---€1,680€1,680€1,680---
Income taxes67/77€9,094€6,839-€16,415€17,743€6,935€18,396€21,442▲ 16.6%
Profit (loss) for the period9904€24,489€31,962€11,840€34,720€37,087€7,235€43,114€52,865▲ 22.6%
Transfer from tax-exempt reserves789---€4,112€4,112€4,112---
Profit (loss) for the period to be appropriated9905€23,124€10,763€15,952€38,832€41,199€11,348€43,114€52,865▲ 22.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€291,734€354,472€322,323€325,107€319,465€272,754€309,242€375,860▲ 21.5%
Fixed assets21/28€214,248€285,590€261,293€231,663€203,538€214,896€199,728€193,979▼ 2.9%
Tangible fixed assets22/27€212,389€283,731€259,434€229,804€201,679€213,037€197,869€192,120▼ 2.9%
Land and buildings22---€184,240€178,360€172,480€166,600€160,720▼ 3.5%
Plant, machinery and equipment23---€1,758€818€1,054€1,792€3,958▲ 121%
Furniture and vehicles24---€42,198€21,314€36,493€27,283€18,095▼ 33.7%
Other tangible fixed assets26---€1,608€1,187€3,010€2,194€9,347▲ 326%
Financial fixed assets28€1,859€1,859€1,859€1,859€1,859€1,859€1,859€1,859=
Current assets29/58€77,486€68,881€61,029€93,444€115,928€57,857€109,514€181,881▲ 66.1%
Amounts receivable within one year40/41€18,288€16,839€17,193€264€30,027€8,211€42,047€37,890▼ 9.9%
Trade receivables40---€150€26,743€908€33,880€32,473▼ 4.2%
Other amounts receivable41---€114€3,284€7,304€8,167€5,417▼ 33.7%
Current investments50/53€24,250€24,250€24,250€39,250€19,502€19,502€19,502€46,818▲ 140%
Cash at bank and in hand54/58€31,884€24,558€16,218€50,320€63,170€25,853€43,430€92,455▲ 113%
Deferred charges and accrued income490/1---€3,611€3,228€4,291€4,534€4,717▲ 4.0%
Equity and liabilities
Total equity and liabilities10/49€291,734€354,472€322,323€325,107€319,465€272,754€309,242€375,860▲ 21.5%
Equity10/15€141,105€173,067€184,907€219,626€232,876€240,111€283,225€336,090▲ 18.7%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€134,905€166,867€178,707€213,426€226,676€233,911€277,025€329,890▲ 19.1%
Non-distributable reserves130/1---€2,000€2,000----
Reserves not available under the articles1311---€2,000€2,000----
Tax-exempt reserves132---€40,322€36,209€32,097€32,097€32,097=
Distributable reserves133---€171,105€188,466€201,814€244,928€297,793▲ 21.6%
Provisions and deferred taxes16-€6,719€5,039€3,359€1,680----
Deferred taxes168---€3,359€1,680----
Amounts payable17/49€150,629€174,686€132,377€102,121€84,910€32,642€26,017€39,770▲ 52.9%
Amounts payable after more than one year17€106,219€90,501€65,599€44,726€23,470----
Financial debts170/4---€44,726€23,470----
Amounts payable within one year42/48€42,684€81,275€64,056€54,861€59,207€30,537€23,878€38,570▲ 61.5%
Current portion of amounts payable after more than one year42---€20,872€21,257€23,470€1,822--
Trade debts44€6,743€7,593€1,643€1,791€16,323€804€4,495€7,827▲ 74.1%
Suppliers440/4---€1,791€16,323€804€4,495€7,827▲ 74.1%
Taxes, remuneration and social security45---€16,760€21,627€6,264€17,560€30,743▲ 75.1%
Taxes450/3---€16,760€21,627€6,264€14,784€30,743▲ 108%
Remuneration and social security454/9------€2,776--
Other amounts payable47/48---€15,437-----
Accrued charges and deferred income492/3---€2,534€2,234€2,105€2,139€1,200▼ 43.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€24,489€31,962€11,840€34,720€37,087€7,235€43,114€52,865▲ 22.6%
+ Depreciation and write-downs630€11,688€30,523€30,561€29,630€28,810€36,675€17,181€18,232▲ 6.1%
Operating cash flow (approximation)€36,177€62,486€42,401€64,350€65,897€43,911€60,295€71,096▲ 17.9%
Investment in fixed assets (approximation)--€101,865-€6,264€0-€685-€48,034-€2,013-€12,483▼ 520%
Change in cash--€7,325-€8,340€34,101€12,851-€37,318€17,578€49,024▲ 179%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00495107 NBB
31-12-2024 micro format 29-08-2025 2025-00470326 PDF
31-12-2023 micro format 29-08-2024 2024-00412508 PDF
31-12-2022 micro format 31-08-2023 2023-00432893 PDF
31-12-2021 micro format 11-08-2022 2022-20285873 PDF
31-12-2020 micro format 11-08-2021 2021-47900435 PDF
31-12-2019 micro format 10-09-2020 2020-52600119 PDF
31-12-2018 micro format 22-08-2019 2019-48900347 PDF
31-12-2017 micro format 27-08-2018 2018-52000505 PDF
31-12-2016 micro format 28-08-2017 2017-50000368 PDF

Show all 27 filings

Board & ownership

Directors

Directors
2 directors, no change since 2023

Board 2

SEVENOO Ann
Director · appointed in the act of 28-12-2023 · term without a fixed end
Current
GESQUEIRE Christophe
Director (not named in the articles) · in office according to the act of 28-12-2023 · earlier manager, until 28-12-2023 · term without a fixed end
Current

Other functions 1

SEVENOO Ann
Bijkomende en plaatsvervangend bestuurder · appointed in the act of 28-12-2023
Current
Office holders in the KBO →
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Iedere bestuurder mag, alleen optredend, alle handelingen stellen die nodig of nuttig zijn…”
deed of 28-12-2023

Owners and capital

Shareholders

1 owner

Owners 1

Capital transactions

Capital over time
  1. 28-12-2023 Converted to unavailable equity

Mandate history

2 people, 2 in office
Show
  • Board
  • Other function
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
GESQUEIRE Christophe
  • Manager, until 28-12-2023
  • Director (not named in the articles), since before 28-12-2023
SEVENOO Ann
  • Director, appointed in the act of 28-12-2023, still in office
  • Bijkomende en plaatsvervangend bestuurder, appointed in the act of 28-12-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, natuurlijke personen of rechtspersonen al dan niet aandeelhouder”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Na aftrek van rechten waarvan overdracht wordt voorgesteld, helft overdrager helft kopers naar evenredigheid aantal”

Articles of association, deed of 28-12-2023 (in Dutch)

Network & group

Connections & network

2 current directors
Depth

The network starts from the directors of THINKNET. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
31-12
Financial Highest result from 2018 to 2025net €52,865 ▲22.6%
The operating result of €74,930 and the net result of €52,865 are both a record.
29-08
NBB filing Annual accounts 2024 filedPDF
micro format · 29 days late
2024
31-12
Financial Liquidity more than doubledcurrent ratio 4.59
The current ratio rises from 1.89 to 4.59. Short-term debt falls from €30,537 to €23,878.
29-08
NBB filing Annual accounts 2023 filedPDF
micro format · 29 days late
2023
31-12
Financial Weakest financial yearnet €7,235 ▼80.5%
The net result drops to €7,235, the lowest from 2018 to 2025. It recovers the following year.
28-12
Gazette deed Resignation: GESQUEIRE Christophe (manager)
Reappointment: GESQUEIRE Christophe (director) · Appointment: SEVENOO Ann (director) · Purpose change15 points ▸
  • General meeting, 18-12-2023
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
  • Purpose change
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Director resignation, GESQUEIRE Christophe (manager)
  • Director reappointment, GESQUEIRE Christophe (director (not named in the articles))
  • Other provision, “uitoefening mandaat, kwijting ontslagnemende zaakvoerder(s)” (deed in Dutch)
  • Director appointment, SEVENOO Ann (director)
  • Director appointment, SEVENOO Ann (bijkomende en plaatsvervangend bestuurder)
  • The act holds 3 more points.

Open the act in the Belgian Official Gazette

31-08
NBB filing Annual accounts 2022 filedPDF
micro format · 31 days late
2022
11-08
NBB filing Annual accounts 2021 filedPDF
micro format · 11 days late
2021
31-12
Financial Equity above €200,000equity €219,626 ▲18.8%
With a profit in every financial year since 2018, equity grows to €219,626.
11-08
NBB filing Annual accounts 2020 filedPDF
micro format · 11 days late
2020
10-09
NBB filing Annual accounts 2019 filedPDF
micro format · 41 days late
Show earlier events
2019
31-12
Financial Equity above €150,000equity €173,067 ▲22.7%
With a profit in every financial year since 2018, equity grows to €173,067.
22-08
NBB filing Annual accounts 2018 filedPDF
micro format · 22 days late
2018
27-08
NBB filing Annual accounts 2017 filedPDF
micro format · 27 days late
2017
28-08
NBB filing Annual accounts 2016 filedPDF
micro format · 28 days late
1999
24-03
Gazette deed Incorporation

Show all 27 filings

Financial milestoneGazette deedNBB filingFinancial 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 16 March 1999, THINKNET was incorporated.1 Today the board has 2 members.2 Total assets went from €291,734 in 2018 to €375,860 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name THINKNET in Dutch
Enterprise number 0465.494.387
Legal form Private limited company
Status Active, normale toestand
Founded 16-03-1999
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Alle machten om statutenwijziging authentiek te doen vaststellen, Vlaams Gewest”
deed of 28-12-2023 (in Dutch)

Registered office and establishments

Registered office Broekstraat 10, 9500 Geraardsbergen, Belgium
Establishment unit THINKNET BVBA, Broekstraat 10, 9500 Geraardsbergen since 17-05-1999 · unit number 2.091.049.68573200 Market research and public opinion polling

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
Codes under NACEBEL 2003
72220 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwikkeling, consulting, projectbeheer, onderzoek, productie, installatie, exploitatie, onderhoud, reparatie, aan en verkoop, ruilen…”
11 activities
  1. Ontwikkeling, consulting, projectbeheer, onderzoek, productie, installatie, exploitatie, onderhoud, reparatie, aan en verkoop, ruilen, verhuren, leasen en trading, inzake informaticamaterieel (software en hardware) en aanverwante producten zoals, en zonder dat deze lijst beperkend kan zijn, audio- en video-apparatuur, faxtoestellen, telefooncentrale en domotica-apparatuur
  2. Het verlenen van administratieve diensten
  3. Het verstrekken van alle adviezen en dienstverlening inzake landbouw en voeding
  4. Het uitoefenen van mandaten als bestuurder en vereffenaar van ondernemingen. Het uitvoeren van opdrachten voor vennootschappen en ondernemingen van welke aard ook
  5. Het verstrekken van alle mogelijke intellectuele, strategische, commerciële en operationele adviezen en dienstverleningen aan ondernemingen, overheden en natuurlijke personen
  6. Het verlenen van adviezen op gebied van bedrijfsvoering, planning, organisatie en efficiëntie
  7. Het verlenen van financiële, commerciële, technische en human resource bijstand aan ondernemingen, overheden en natuurlijke personen, in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen
  8. Het verlenen van de diensten van selectiebureau, wervingsbureau, outplacementbureau, executive searcher, headhunter
  9. Alle mogelijke diensten met betrekking tot de werving, selectie, verwijzing en begeleiding bij de aanwerving van personeel, arbeiders, bedienden, kader en middenkader, (interim)managers, directieleden, zowel voor ondernemingen als overheidsdiensten
  10. Het leveren van consultancy en managementprestaties voor rekening van derden
  11. De vennootschap mag investeren in activa met het oog op het bezoldigen in natura van de bestuurders en/of personeelsleden
deed of 28-12-2023 (in Dutch)

Invoicing and payment

VAT number BE 0465.494.387
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0465494387
Other Peppol ID 9925:BE0465494387
Registered 04-02-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:00
deed of 28-12-2023 (in Dutch)

Recognitions · licences · registrations

Legal Entity Identifier

875500KLZTD8MQWP6I43
live in the LEI register

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,344 m²
Building footprint
174 m²
Building volume
901 m³
Cadastral parcel Region Area Buildings Height / floors
41018B1140/00M000 Flanders 1,344 m² 1 · 174 m² 8.5 m · 2

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