THINKSTUDIO
ActiveSummary
THINKSTUDIO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,966 and a net result of -€1,667. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 89% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Development of non-residential building projects
NACE 68122
1 site
Size
≈ €74,000turnover 2025, estimated
- Equity
- €231,966
- Loss
- -€1,667
Turnover estimated from the gross margin
Why 96raises riskLoss of €1,667, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 6.38, cash €173,687Equity €231,966 (85.0% of total assets)Size: total assets €272,929Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 85.0% of total assets
Liquidity
97+5
short-term debt 14.8% · cash 63.6%
Profitability
68+60
return on assets -0.6%
Bankruptcy probability, 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).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024highest value
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: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged 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%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.38, compared with 3.91 in 2024, above the usual 1.5; short-term debt: 14.8% and cash: 63.6% of total assets), and 15% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 95% on liquidity, 54% on profitability and 42% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1,667
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
13 days early
2023
13 days early
2022
25 days late
2021
19 days early
2020
32 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
Turnover
≈ €74,000
Estimated: probably between €52,000 and €220,000
Total assets
€272,929▼ 9.8%
2024 · €302,662
Net result
-€1,667▲ 93.6%
2024 · -€25,882
Working capital
€217,751▲ 9.3%
2024 · €199,237
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €806 in 2025 against €24,646 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€806
2025
Net result-€1,667
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€272,929
2025
Equity€231,966
2025
Debt€40,962
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€217,751
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency85.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio6.38
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€100,604-€86,402▼ 14.1%-€96,524€18,264€76,525▲ 319%-€42,889-€24,646▲ 42.5%-€806▲ 96.7%
Net result€99,454-€85,547▼ 14.0%€149,012above the sector's middle half▲ 74.2%€13,404within the sector's middle half▼ 91.0%€65,601above the sector's middle half▲ 389%-€47,454below the sector's middle half-€25,882below the sector's middle half▲ 45.5%-€1,667within the sector's middle half▲ 93.6%
Equity-€6,595-€78,952€227,964within the sector's middle half▲ 189%€241,368within the sector's middle half▲ 5.9%€306,970within the sector's middle half▲ 27.2%€259,516within the sector's middle half▼ 15.5%€233,634within the sector's middle half▼ 10.0%€231,966within the sector's middle half▼ 0.7%
Total assets€202,634-€190,591▼ 5.9%€443,498within the sector's middle half▲ 133%€434,524within the sector's middle half▼ 2.0%€463,224within the sector's middle half▲ 6.6%€360,858within the sector's middle half▼ 22.1%€302,662within the sector's middle half▼ 16.1%€272,929within the sector's middle half▼ 9.8%
Debt€209,229-€111,639▼ 46.6%€215,533▲ 93.1%€193,156▼ 10.4%€156,254▼ 19.1%€101,342▼ 35.1%€69,028▼ 31.9%€40,962▼ 40.7%
Working capital-€159,246--€72,295▲ 54.6%€351,906above the sector's middle half€259,128above the sector's middle half▼ 26.4%€295,383above the sector's middle half▲ 14.0%€231,003above the sector's middle half▼ 21.8%€199,237above the sector's middle half▼ 13.8%€217,751above the sector's middle half▲ 9.3%
Solvency-3.3%-41.4%▲ 44.7pp51.4%within the sector's middle half▲ 10.0pp55.5%within the sector's middle half▲ 4.1pp66.3%above the sector's middle half▲ 10.7pp71.9%above the sector's middle half▲ 5.6pp77.2%above the sector's middle half▲ 5.3pp85.0%above the sector's middle half▲ 7.8pp
Current ratio0.24-0.35▲ 0.115.37above the sector's middle half▲ 5.023.72above the sector's middle half▼ 1.654.08above the sector's middle half▲ 0.363.92above the sector's middle half▼ 0.153.91above the sector's middle half▼ 0.026.38above the sector's middle half▲ 2.47
Return on assets (ROA)49.1%-44.9%▼ 4.2pp33.6%above the sector's middle half▼ 11.3pp3.1%within the sector's middle half▼ 30.5pp14.2%above the sector's middle half▲ 11.1pp-13.2%below the sector's middle half▼ 27.3pp-8.6%below the sector's middle half▲ 4.6pp-0.6%within the sector's middle half▲ 7.9pp
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin 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 €272,929
Fixed assets
€14,677 ▼ 57.9%
Current assets
€258,252 ▼ 3.6%
Equity and liabilities €272,929
Equity
€231,966 ▼ 0.7%
Debt
€40,962 ▼ 40.7%
Debt's share of the balance-sheet total falls from 22.8% to 15.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19,376▲
2024 · -€4,400
Cash flow
€18,515▲
2024 · -€5,636
Debt to equity
0.18▼
2024 · 0.30
ROE
-0.7%▲
2024 · -11.1%
Interest coverage
29.51▲
2024 · -4.28
Debt ≤ 1 year
€40,501▼
2024 · €68,566
Income taxes
€204▼
2024 · €222
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
90.9%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,908 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,871 | €0 | €1,541 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,482 | €1,404 | €1,791 | €13,326 | €19,523 | €21,032 | €20,246 | €20,182 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,514 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €2,263 | €1,055 | €1,035 | €565 | €638 | ▲ 12.9% |
| Gross operating margin9900 | €103,219 | €88,832 | -€93,664 | €35,368 | €97,102 | -€20,822 | -€3,834 | €20,014 | - |
| Operating profit (loss)9901 | €100,604 | €86,402 | -€96,524 | €18,264 | €76,525 | -€42,889 | -€24,646 | -€806 | ▲ 96.7% |
| Financial income75/76B | - | - | - | €61 | €0 | €32 | €13 | €0 | ▼ 99.9% |
| Recurring financial income75 | €1 | - | €260,047 | €61 | €0 | €32 | €13 | €0 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €3,074 | €3,796 | €4,117 | €1,027 | €657 | ▼ 36.1% |
| Recurring financial charges65 | €927 | €536 | €1,453 | €3,074 | €3,796 | €4,117 | €1,027 | €657 | ▼ 36.1% |
| Profit (loss) for the period before taxes9903 | €99,678 | €85,866 | €162,071 | €15,252 | €72,729 | -€46,974 | -€25,660 | -€1,463 | ▲ 94.3% |
| Income taxes67/77 | €224 | €319 | €13,058 | €1,848 | €7,128 | €479 | €222 | €204 | ▼ 8.0% |
| Profit (loss) for the period9904 | €99,454 | €85,547 | €149,012 | €13,404 | €65,601 | -€47,454 | -€25,882 | -€1,667 | ▲ 93.6% |
| Profit (loss) for the period to be appropriated9905 | €99,454 | €85,547 | €149,012 | €13,404 | €65,601 | -€47,454 | -€25,882 | -€1,667 | ▲ 93.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €202,634 | €190,591 | €443,498 | €434,524 | €463,224 | €360,858 | €302,662 | €272,929 | ▼ 9.8% |
| Fixed assets21/28 | €152,651 | €151,247 | €11,072 | €80,087 | €71,874 | €50,842 | €34,859 | €14,677 | ▼ 57.9% |
| Intangible fixed assets21 | €157 | - | - | - | €2,530 | €2,024 | €1,518 | €1,012 | ▼ 33.3% |
| Tangible fixed assets22/27 | €2,493 | €1,247 | €11,072 | €80,087 | €69,344 | €48,818 | €33,341 | €13,665 | ▼ 59.0% |
| Plant, machinery and equipment23 | - | - | - | €5,129 | €6,299 | €4,677 | €3,055 | €1,433 | ▼ 53.1% |
| Furniture and vehicles24 | - | - | - | €17,495 | €16,551 | €11,494 | €7,499 | €3,762 | ▼ 49.8% |
| Other tangible fixed assets26 | - | - | - | €57,464 | €46,494 | €32,646 | €22,786 | €8,470 | ▼ 62.8% |
| Financial fixed assets28 | €150,000 | €150,000 | - | - | - | - | - | - | - |
| Current assets29/58 | €49,983 | €39,344 | €432,426 | €354,437 | €391,350 | €310,016 | €267,803 | €258,252 | ▼ 3.6% |
| Amounts receivable within one year40/41 | €38,175 | €31,736 | €27,792 | €119,790 | €222,571 | €82,222 | €112,753 | €84,564 | ▼ 25.0% |
| Trade receivables40 | - | - | - | €119,790 | €222,540 | €82,217 | €112,753 | €84,551 | ▼ 25.0% |
| Other amounts receivable41 | - | - | - | - | €31 | €5 | €0 | €13 | - |
| Cash at bank and in hand54/58 | €10,352 | €6,129 | €403,104 | €233,403 | €167,455 | €226,443 | €155,050 | €173,687 | ▲ 12.0% |
| Deferred charges and accrued income490/1 | - | - | - | €1,244 | €1,324 | €1,352 | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €202,634 | €190,591 | €443,498 | €434,524 | €463,224 | €360,858 | €302,662 | €272,929 | ▼ 9.8% |
| Equity10/15 | -€6,595 | €78,952 | €227,964 | €241,368 | €306,970 | €259,516 | €233,634 | €231,966 | ▼ 0.7% |
| Contributions10/11 | €100,000 | €100,000 | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €2,088 | - | €127,964 | €141,368 | €206,970 | €206,970 | €206,970 | €206,970 | = |
| Distributable reserves133 | - | - | - | €141,368 | €206,970 | €206,970 | €206,970 | €206,970 | = |
| Profit (loss) carried forward14 | -€108,684 | -€21,048 | - | - | - | -€47,454 | -€73,336 | -€75,003 | ▼ 2.3% |
| Amounts payable17/49 | €209,229 | €111,639 | €215,533 | €193,156 | €156,254 | €101,342 | €69,028 | €40,962 | ▼ 40.7% |
| Amounts payable after more than one year17 | - | - | €135,013 | €97,847 | €60,287 | €22,328 | €0 | - | - |
| Financial debts170/4 | - | - | - | €97,847 | €60,287 | €22,328 | €0 | - | - |
| Amounts payable within one year42/48 | €209,229 | €111,639 | €80,520 | €95,309 | €95,967 | €79,013 | €68,566 | €40,501 | ▼ 40.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €37,167 | €37,560 | €37,958 | €22,328 | €0 | ▼ 100% |
| Trade debts44 | €3,515 | €8,738 | €5,970 | €4,903 | €6,736 | €145 | €2,838 | €2,230 | ▼ 21.4% |
| Suppliers440/4 | - | - | - | €4,903 | €6,736 | €145 | €2,838 | €2,230 | ▼ 21.4% |
| Taxes, remuneration and social security45 | - | - | - | €27,723 | €21,630 | €7,833 | €7,430 | €4,446 | ▼ 40.2% |
| Taxes450/3 | - | - | - | €27,723 | €15,654 | €7,833 | €7,430 | €4,446 | ▼ 40.2% |
| Remuneration and social security454/9 | - | - | - | - | €5,976 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €25,516 | €30,041 | €33,077 | €35,969 | €33,824 | ▼ 6.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €462 | €462 | ▼ 0.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,454 | €85,547 | €149,012 | €13,404 | €65,601 | -€47,454 | -€25,882 | -€1,667 | ▲ 93.6% |
| + Depreciation and write-downs630 | €1,482 | €1,404 | €1,791 | €13,326 | €19,523 | €21,032 | €20,246 | €20,182 | ▼ 0.3% |
| Operating cash flow (approximation) | €100,936 | €86,951 | €150,803 | €26,730 | €85,124 | -€26,422 | -€5,636 | €18,515 | - |
| Investment in fixed assets (approximation) | - | €0 | €138,384 | -€82,342 | -€11,309 | €0 | -€4,264 | €0 | - |
| Change in cash | - | -€4,223 | €396,975 | -€169,701 | -€65,948 | €58,988 | -€71,393 | €18,638 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00216185 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00291033 |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00282916 |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00376157 |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20173460 |
| 31-12-2020 | micro format | 29-06-2021 | 2021-30200103 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-26100225 |
| 31-12-2018 | micro format | 12-06-2019 | 2019-18600464 |
| 31-12-2017 | abbreviated format | 10-07-2018 | 2018-32800260 |
| 31-12-2016 | abbreviated format | 14-07-2017 | 2017-31800214 |
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Of the 1,269 active companies whose main activity is development of non-residential building projects (NACE 68122), figures are known for 913. 604 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2022
DESMET Dirk
CurrentDirector (not named in the articles)
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2022, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DESMET Dirk |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 24-08-2022 ↗
- DESMET Dirk all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 24-08-2022 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
18-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
18-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Weakest financial yearnet -€47,454
Net result drops to -€47,454, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 25 days late
2022
24-08
Gazette deed
Resignation: DESMET Dirk (sole director)Reappointment: DESMET Dirk (director) · Power of attorney · Registered office clause12 facts ▸
Gazette deed
Resignation: DESMET Dirk (sole director)
Reappointment: DESMET Dirk (director) · Power of attorney · Registered office clause12 facts ▸
- Power of attorney
- Director resignation, DESMET Dirk (sole director)
- Director reappointment, DESMET Dirk (director (not named in the articles))
- Other provision, “kwijting ontslagnemende bestuurder voor uitoefening mandaat, algemene vergadering zal beslissen op volgende jaarvergadering” (deed in Dutch)
- Registered office clause, “8710 Wielsbeke, Lijsterlaan 15” (deed in Dutch)
- Shareholding, 500, “artikel 2:8 §4 Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- General meeting, 19-08-2022
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “overeenkomstig de vormen en meerderheden van de statutenwijziging, op heffen statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor…” (deed in Dutch)
- Purpose change
- Amendment of the articles
12-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
29-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Highest result from 2018 to 2025net €149,012 ▲74.2%
Net result €149,012, the highest in the series.
31-12
Financial
Liquidity more than 15 timescurrent ratio 5.37
Current ratio from 0.35 to 5.37; short-term debt falls from €111,639 to €80,520.
31-12
Financial
Equity above €200,000equity €227,964 ▲189%
A profit in every financial year since 2018 builds equity to €227,964.
02-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
12-06
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
10-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
14-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded08-09-2009
Financial year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
46472Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0818342082
Also
9925:BE0818342082
Registered
09-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0818.342.082
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2009
Ground area
1,639 m²
Building footprint
284 m²
Building volume
1,273 m³
Parcel 37017C0341/00K004, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
1 establishment unit
THINKSTUDIO
since 2009unit no. 2.180.733.313
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37017C0341/00K004 | Flanders | 1,639 m² | 1 · 283 m² | 8.9 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Kleinhandel in antieke meubelen,designmeubelen en design-artikelen,alle soorten accessoires voor binnenhuisinrichting,de inrichting en het…” (deed in Dutch)
27 activities (deed in Dutch)
- Kleinhandel in antieke meubelen,designmeubelen en design-artikelen,alle soorten accessoires voor binnenhuisinrichting,de inrichting en het verstrekken van adviezen met betrekking tot interieur inrichting;
- Kleinhandel in kantoormeubilair,het leveren van totaaloplossingen in verband met inrichting van kantoren,het verstrekken van advies tot inrichting van kantoren;
- Kleinhandel in kantoormachines en kantooruitrusting in de meest uitgebreide zin;
- Het optreden voor derden op basis van commissielonen;
- Groothandel in grammofoonplaten,CD’s,al dan bespeelde audioen videocassettes,enz.
- Detailhandel in audioen videoapparatuur in gespecialiseerde winkels en apparatuur voor huishoudelijk gebruik zoals radio- en televisietoestellen,videoweergavetoestellen,videocamara’s,hifimateriaal,enz;
- Adviesbureaus op het gebied van public relations en communicatie;
- Interieurarchitecten;
- Ontwerpen van textielpatronen,kleding,juwelen,meubels en decoratieartikelen;
- Activiteiten van interieurdecorateurs in de ruimste zin van het woord;
- Ontwerpen van showrooms;
- Activiteiten van fotografen,met uitzondering van persfotografie;
- Verhuur en lease van tenten en feestmateriaal,televisietoestellen en andere audioen videoapparatuur;
- Verhuur en operationele leasing zonder bedieningspersoneel van tenten voor tentoonstellingen,bedrijfsfeesten;concerten;
- Ontwerp en bouw van podia;
- Gespecialiseerde beeld,verlichtings- en geluidstechnieken;
- Scheppende kunsten en ondersteunende activiteiten voor scheppende kunsten;
- Overige zakelijke dienstverlening;
- Het geven van seminaries en studiedagen met betrekking tot de exploitatieonderwerpen.
- Het organiseren van demonstratieen degustatiesessies,workshops,seminaries,vergaderingen,tentoonstellingen en beurzen;
- Fotokopiëren,documentvoorbereiding en andere ondersteunende activiteiten voor kantoren;
- Overige diensten in menselijke gezondsheidszorg;
- Het optreden als tussenpersoon in handel;
- Het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,raadgeving,prospectie,marketing,assistentie op gebied van management,engineering en consulting,commercieel en administratief beheer en advies,en dit steeds in relatie of verband met bovenstaande activiteiten;
- Organisatie van evenementen,congressen en beurzen;
- Consultancy,advies op het gebied van administratie,aan en verkoop,personeelsbeleid,productie,ed.;
- Administratieve dienstverlening;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “THINKSTUDIO” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan:omvang bevoegdheden en wijze uitoefening, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet…” (deed in Dutch)“Bij openvallende plaats vóór einde mandaat in collegiaal orgaan hebben overblijvende bestuurders recht nieuwe bestuurder te coöpteren…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs geboden door oorspronkelijke kandidaat-overnemer, elke overdracht of overgang van aandelen aan derden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed