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THINKUBATE

Active Private limited companyfounded 2021active for 5 yearsHundelgemsesteenweg 157, 9050 GhentKBO/BCE: BE 0773.757.122

Lifetime

4 annual accounts with figures on one time axis
peak €68,430 (2022)
€2,853▲ €25,688
lowest -€23,461 (2024)
€2,071▲ €25,532
peak €55,667 (2022)
€13,371▲ 18.3%
€7,663▲ 148%
Board1 name since 2021
1 director
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from -€22,835 to €2,853Back to profit: €2,071Equity from €11,300 to €13,371Debts from €3,093 to €7,663Cash from €13,394 to €4,327

Key points

from the 2025 annual accounts

Equity

€13,371 from €55,667 in 2022

Equity fell by 76% in 3 years.

Turnover

≈ €13,000 estimated

The micro format states no turnover.

Investments

€1,443 7.3 × depreciation

Green is investment, beige is depreciation.

Liquidity

2.58 was 4.65 in 2024

Short-term debts rose from €3,093 to €7,663.

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2022202320242025

The 2022 accounts came 25 days late. The other three were filed on time.

Position in the sector

€13,371

Less equity than 81% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as THINKUBATE has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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

Test of the method

The method was tested on the 497,448 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 26,972 companies, not a prediction for THINKUBATE. 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.

Credit verdict

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Signals

Board and ownership

Director
  • 100 sharesdeed of 14-09-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0773757122
Incorporation Founding capital of €1,000, 100 shares · Founder: (partner) · Appointment: (director) · published on 14-09-2021 · Gazette deed
First establishment Hundelgemsesteenweg 157, Ghent
All 9 events

Comparable companies

same main activity, similar in size and age
Company
THINKUBATE Ghent €21,034 €2,853 63.6% -
AGPartner Tournai €20,666 €2,647 6.3% -
La Joya-STC Mont-Saint-Guibert €26,326 €2,779 86.6% -
Contentement Ghent €24,130 €2,841 28.3% -
Unieke Wellness Sint-Niklaas €30,151 €2,779 26.6% -
Square Consult Zele €19,157 €3,739 55.1% -
Bos door de bomen Ninove €17,516 €4,240 94.5% -

These companies have the same main activity as THINKUBATE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €17,500 and €30,200, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 10-09-2021Normal situation
Activity
Business and other management consultancyNACE 70200and 3 others
Establishment unit
2.321.417.2629050 Ghent, since 10-09-2021
Financial year end
31 December
Peppol
Reachable since 30-07-2024
Company details

Annual accounts 2025

€21,034▲ 46.1%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on THINKUBATE

THINKUBATE files the micro format. That format states no turnover. The gross margin fell from €68,430 in 2022 to €2,853 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THINKUBATE

What is the company number of THINKUBATE?
The company number of THINKUBATE is 0773.757.122. The VAT number is the same number with BE in front: BE 0773.757.122.
Where is THINKUBATE based?
The registered office is at Hundelgemsesteenweg 157, 9050 Ghent.Company details
What does THINKUBATE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of THINKUBATE?
THINKUBATE is a private limited company (BV).
When was THINKUBATE founded?
THINKUBATE was founded on 10-09-2021.
Is THINKUBATE still active?
Yes, THINKUBATE is an active enterprise in the KBO register.
What is the turnover of THINKUBATE?
The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €2,853 and 206 comparable companies (NACE 70200). It probably lies between €6,200 and €26,000. It is a rough estimate.Financials
Is THINKUBATE profitable?
In financial year 2025, THINKUBATE made a profit of €2,071.
Where can I find the annual accounts of THINKUBATE?
THINKUBATE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THINKUBATE due?
THINKUBATE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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