Result
€161,286 ▲ 159%
The result rose in 2025 from €62,237 to €161,286.
Thinkzero
Lifetime
3 annual accounts with figures on one time axispeak €278,440 (2025)
€278,440▲ 230%
peak €161,286 (2025)
€161,286▲ 159%
peak €226,649 (2025)
€226,649▲ 247%
€170,530▲ 59.0%
peak 1.5 FTE (2025)
1.5 FTE
Board5 names since 2022
3 directors and 2 others
Owners
consolidates
Documentsfilings and deeds
26-06-202635 days before the deadline
2025abbreviated format
Gross margin from €84,291 to €278,440Result from €62,237 to €161,2865 directors appointed, 2 resignations 10-07Registered office moved from Stabroek to Kapellen 24-01Equity from €65,364 to €226,649Debts from €107,229 to €170,530
Key points
from the 2025 annual accountsTurnover
≈ €610,000 estimated
The accounts state no turnover.
Debts
€170,530 ▲ 59.0%
Debts rose by €63,300 in 2025.
Investments
€77,098 8.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.67 was 1.72 in 2024
Short-term debts rose from €95,273 to €118,491.
Position in the sector
€161,286
Higher net result than 80% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as Thinkzero has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for Thinkzero. 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, , since 16-05-2025
Director, , since 16-05-2025
Director, , since 16-05-2025
- consolidatesequity €3.4m (2025) · annual accounts 2025
- equity €3.4m (2025) · annual accounts 2024
- annual accounts 2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793551852
5 directors appointed, 2 resignations
Resignations: and · Appointments: , , , and · Permanent representatives: , and · General meeting of 16-05-2025 · Gazette deed
Registered office moved from Stabroek to Kapellen
New registered office: Leo Baekelandstraat 7 bus 3, 2950 Kapellen · Previous registered office: Hoge Weg 129, 2940 Stabroek · Board meeting of 12-12-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 3,000 shares · Founders: and · Appointments: (director) and (director) · published on 17-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Thinkzero Kapellen | €397,179 | €278,440 | 57.1% | 1.5 |
| SEDELEK Torhout | €420,742 | €258,213 | 82.1% | 2 |
| BFM ELEKTROTECHNIEK Maldegem | €534,123 | €193,393 | 1.9% | 1 |
| CLIMATISATION JEHAES Herstal | €408,365 | €304,908 | 56.9% | 2.3 |
| JBE Technics Turnhout | €300,034 | €259,465 | 15.0% | 2.3 |
| Karweiwerken Pieter Tips Balen | €654,402 | €234,956 | 66.3% | 1.9 |
| SmartSynergy Herent | €314,415 | €245,645 | 66.3% | 1.4 |
These companies have the same main activity as Thinkzero: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €300,000 and €654,000, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 14-11-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.337.678.3232950 Kapellen, since 14-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Annual accounts 2025
- €397,179▲ 130%
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on Thinkzero
Thinkzero files the abbreviated format. That format states no turnover. The gross margin rose from €3,103 in 2023 to €278,440 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 Thinkzero
- What is the company number of Thinkzero?
- The company number of Thinkzero is 0793.551.852. The VAT number is the same number with BE in front: BE 0793.551.852.
- Where is Thinkzero based?
- The registered office is at Leo Baekelandstraat 7, 2950 Kapellen.Company details
- What does Thinkzero do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Thinkzero?
- Thinkzero is a private limited company (BV).
- When was Thinkzero founded?
- Thinkzero was founded on 14-11-2022.
- Is Thinkzero still active?
- Yes, Thinkzero is an active enterprise in the KBO register.
- How many employees does Thinkzero have?
- Thinkzero had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Thinkzero fall under?
- In its 2025 annual accounts, Thinkzero states joint committees 200 (Auxiliary committee for white-collar workers) and 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of Thinkzero?
- The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €278,440 and 35 comparable companies (NACE 43211). It probably lies between €530,000 and €760,000.
- Is Thinkzero profitable?
- In financial year 2025, Thinkzero made a profit of €161,286.
- Where can I find the annual accounts of Thinkzero?
- Thinkzero filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Thinkzero due?
- Thinkzero must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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