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THINKPLUS

Open bankruptcy
Private limited companyfounded 2020Noorderlaan 117, 2030 Antwerpen, BelgiumKBO/BCE: BE 0741.955.077

A bankruptcy procedure is open for THINKPLUS according to publications in the Belgian State Gazette; curator: INGE VANHOUTTE.

Summary

The 2021 annual accounts show negative equity (€-13k) and a net result of €-179k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
25 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 2021, micro schema

Equity
€-13k
2020 · €165k
2020: €165k
2020 → 2021
Total assets
€367k▲ 31.5%
2020 · €279k
2020: €279k
2020 → 2021
Net result
€-179k▼ 812%
2020 · €-20k
2020: €-20k
2020 → 2021
Working capital
€-26k
2020 · €148k
2020: €148k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021Trend
Equity€165k-€-13k
Operating result€-18k-€-175k▼ 857%
Net result€-20k-€-179k▼ 812%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-150k€-100k€-50k€0Operating result 2020: €-18k€-18kNet result 2020: €-20k€-20kOperating result 2021: €-175k€-175kNet result 2021: €-179k€-179k20202021€-200k€-150k€-100k€-50k€0Operating result 2020: €-18k€-18kNet result 2020: €-20k€-20kOperating result 2021: €-175k€-175kNet result 2021: €-179k€-179k20202021
The operating result stays negative: a loss of €175k in 2021 against €18k in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €367k
Fixed assets €15k ▼ 9.0%
Current assets €352k ▲ 34.1%
Key figures and ratios
2021 value · change against 2020
EBITDA
€-173k▼
2020 · €-16k
Cash flow
€-176k▼
2020 · €-17k
Solvency
-3.6%▼
2020 · 59.2%
Current ratio
0.93▼
2020 · 2.30
Debt to equity
-28.54
ROA
-48.6%▼
2020 · -7.0%
Interest coverage
-51.27
Debt
€381k▲
2020 · €114k
Debt ≤ 1 year
€378k▲
2020 · €114k
Income taxes
€236▲
2020 · €140
Staff costs
€1.94M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€279k€367k▲
Fixed assets21/28€17k€15k▼
Tangible fixed assets22/27€11k€8k▼
Furniture and vehicles24-€8k
Financial fixed assets28€6k€7k▲
Current assets29/58€262k€352k▲
Amounts receivable within one year40/41€43k€10k▼
Trade receivables40-€10k
Cash at bank and in hand54/58€128k€164k▲
Deferred charges and accrued income490/1-€178k
Equity and liabilities
Total equity and liabilities10/49€279k€367k▲
Equity10/15€165k€-13k▼
Contributions10/11-€185k
Outside capital11-€185k
Other1109/19-€185k
Profit (loss) carried forward14€-20k€-198k▼
Amounts payable17/49€114k€381k▲
Amounts payable within one year42/48€114k€378k▲
Trade debts44€54k€70k▲
Suppliers440/4-€70k
Taxes, remuneration and social security45-€308k
Taxes450/3-€41k
Remuneration and social security454/9-€267k
Other amounts payable47/48-€587
Accrued charges and deferred income492/3-€3k
Income statement Code20202021
Remuneration, social security and pensions62-€1.94M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8-€3k
Gross operating margin9900€228k€1.77M▲
Operating profit (loss)9901€-18k€-175k▼
Financial income75/76B-€3
Recurring financial income75€0€3▲
Financial charges65/66B-€3k
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-19k€-179k▼
Income taxes67/77€140€236▲
Profit (loss) for the period9904€-20k€-179k▼
Profit (loss) for the period to be appropriated9905€-20k€-179k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-198k
Profit (loss) brought forward from the previous period14P-€-20k

The notes to these accounts (5 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

2023
30-08
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-08-2023
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
SignalNBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
5,431 m²
Building footprint
4,186 m²
Volume, LiDAR
28,353 m³
Parcel 11807G1680/00T000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
THINKPLUS
Noorderlaan 117, 2030 AntwerpenManufacture of basic metals
since 20202.300.530.687
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G1680/00T000 Flanders 5,431 m² 1 · 4,186 m² 11.8 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator INGE VANHOUTTE
HEIDEBAAN 130 E, 9100 SINT- NIKLAAS
24-08-2023 → present

Similar companies · same sector, comparable size

Of 165 companies in sector 24200 we hold annual accounts for 95. 61 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
24200Manufacture of basic metals
25210Manufacture of fabricated metal products, except machinery and equipment
25510Coating of metals
25530Machining of metals
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.