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Thinkzero

Active Private limited companyfounded 2022active for 3 yearsLeo Baekelandstraat 7, 2950 KapellenKBO/BCE: BE 0793.551.852 subsidiary of

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €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 accounts

Result

€161,286 ▲ 159%
€62,2002024€161,0002025

The result rose in 2025 from €62,237 to €161,286.

Turnover

≈ €610,000 estimated

The accounts state no turnover.

Debts

€170,530 ▲ 59.0%
Taxes and wages
+52,875
Financial debts
+41,168
Other debts
+192
The rest
-30,934

Debts rose by €63,300 in 2025.

Investments

€77,098 8.6 × depreciation
202320242025

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
  • Micro
  • 2 to 5 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 497,331 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.

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 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

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

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
and 1 other shareholderBoard & ownership

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
All 10 events

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
Company details

Annual accounts 2025

€278,440▲ 230%
€161,286▲ 159%
€226,649▲ 247%
€397,179▲ 130%
Employeeson 31-12-2025
3
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

abbreviated format, filed on 26-06-2026, 35 days before the deadline
€278,440
▲ 230%
€210,028
▲ 159%
€161,286
▲ 159%
€197,504
▲ 189%
57.1%
▲ 19.2 percentage points
2.67
▲ 0.95

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €610,000. Estimated: probably between €530,000 and €760,000.

Balance sheet

balance sheet total €397,179 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

57.1%

Higher than 67% of 9,273 companies in 2025.

2.67

Higher than 71% of 9,196 companies in 2025.

40.6%

Higher than 95% of 9,241 companies in 2025.

Thinkzero Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter

Staff

€38,490

Staff costs divided by the average number of full-time equivalents.

+3 people

people who joined people who left

In 2025, 3 people joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 397,179172,59333,404
21/28 81,1839,0401,747
21 11,3147,640-
22/27 65,7891,3601,451
24 3,9681,3601,451
25 61,822--
28 4,08040296
29/58 315,996163,55331,657
3 50,16528,1865,976
30/36 50,16528,1865,976
40/41 150,39466,27914,998
40 133,67451,1899,982
41 16,72115,0905,016
54/58 109,29465,4598,977
490/1 6,1423,6291,705
Balance sheet: equity and liabilities
10/49 397,179172,59333,404
10/15 226,64965,3643,127
10/11 3,0003,0003,000
13 223,64962,364127
133 223,64962,364127
17/49 170,530107,22930,277
17 51,76911,63317,637
170/4 51,76911,63317,637
42/48 118,49195,27312,514
42 16,20311,1085,959
43 1,767735932
430/8 1,767735932
44 39,43275,4073,275
440/4 39,43275,4073,275
45 59,1266,251254
450/3 46,0096,251254
454/9 13,117--
47/48 1,9631,7722,094
492/3 269323127
Income statement
9900 278,44084,2913,103
62 57,735--
630 8,9951,993466
640/8 1,682852185
66A 0250-
9901 210,02881,1952,452
75/76B 2,0611,73392
75 2,0611,73392
65/66B 4,7774,7422,162
65 4,7774,7422,162
9903 207,31278,187381
67/77 46,02615,950254
9904 161,28662,237127
9905 161,28662,237127
Appropriation of the result
9906 161,28662,237127
691/2 161,28662,237127
6921 161,28662,237127
Social balance sheet
9087 1.50-
Hours worked1013 2,422--
Document PDFPDFPDF

The notes to these accounts have 23 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.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 26-06-2026 2026-00203354 PDF
31-12-2024 abbreviated format 17-07-2025 2025-00282176 PDF
31-12-2023 micro format 20-07-2024 2024-00266306 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €50,000 awarded, €25,000 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
219,02383,1892,918
170,28064,230593
81,1389,5432,213
43,83556,482-
197,50468,28019,143
57.1%37.9%9.4%
2.671.722.53
2.241.422.05
0.751.649.68
71.2%95.2%4.1%
40.6%36.1%0.4%
45.8517.541.35

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2025
Employees at the balance-sheet date3
full-time3
part-time0
in full-time equivalents3
1.5
On a permanent contract2
Joined3
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets€71,108€493€1,917
Intangible fixed assets€5,990€9,050-
Financial fixed assets€4,040-€296
€8,995€1,993€466

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on Thinkzero

The operating result for 2025 is 159% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Debt's share of the balance-sheet total falls from 62.1% to 42.9%. Equity and debt are higher.

Board & ownership

Board

3 directors, no change since 2025
Director, permanent representative
since 16-05-2025
listed in the 2025 annual accounts, filed on 26-06-2026
Director, permanent representative
since 16-05-2025
listed in the 2025 annual accounts, filed on 26-06-2026
Director, permanent representative
since 16-05-2025
listed in the 2025 annual accounts, filed on 26-06-2026
Permanent representatives 3
Permanent representative, for
appointed by deed of 10-07-2025
Permanent representative, for
appointed by deed of 10-07-2025
Permanent representative, for
appointed by deed of 10-07-2025

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today

Director

Director

Director

Director (not named in the articles)

Director (not named in the articles)
BoardEarlier
Mandates as a list
    • Director, from 16-05-2025 to date
    • Director, from 16-05-2025 to date
    • Director, from 16-05-2025 to date
    • Director (not named in the articles), appointed by deed of 17-11-2022, until 10-07-2025
    • Director (not named in the articles), appointed by deed of 17-11-2022, until 10-07-2025

See the board, name and registered office on a given date →

Control

Consolidating parent
Equity €3.4m
Loss €210,109 in 2025 (profit €595,652 in 2024)
consolidates
This company
Thinkzero
Equity €226,649
Profit €161,286 in 2025

and 2 other shareholders

Capital

Contribution
€3,000
Shares
3,000
Contribution per share
€1
Equity per share
€75.55 in 2025
Source
deed of 17-11-2022

Articles of association

deed of 17-11-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Een of meer bestuurders, algemene vergadering die benoemt”
“Vaste of evenredige vergoeding, algemene vergadering beslist al dan niet ten kosteloze titel”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, na aftrek van rechten waarvan overdracht wordt…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

4 owners

Owners 4

  • consolidating parent
    Equity €3.4m Loss of €210,109 in 2025 (profit of €595,652 in 2024)
    consolidates
  • Equity €3.4m Loss of €210,109 in 2025 (profit of €595,652 in 2024)
    share not stated
  • natural person
    share not stated
  • natural person
    share not stated

Capital transactions

Shareholders according to the deeds
At incorporation deed of 17-11-2022 ↗
  • 1,500 shares (50%)
  • 1,500 shares (50%)
Capital over time
  1. 17-11-2022 Incorporation · €3,000 · 3,000 shares

Network & group

Parent

Belgium · equity €3.4m · loss €210,109 (2025)

At the same address

Leo Baekelandstraat 7, 2950 Kapellen · 3 other companies
de Waal
establishment since 01-01-2021 · founded in 2020
42 FTE (2025)
0759.395.083
INDUSTRIAL PUMPS
registered office since 01-07-2013 · founded in 1957 · negative equity (2025)
3.6 FTE (2025)
0400.133.017
LC KAPELLEN
establishment since 12-05-2021 · founded in 2021
total assets €314,322 (2025)
0768.385.795

Connections & network

3 current directors
Depth

The network starts from the directors of Thinkzero. 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

Timeline

10 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 35 days before the deadline
2025
Highest result from 2023 to 2025 net €161,286 ▲159% The operating result of €210,028 and the net result of €161,286 are both a record.
Equity above €200,000 equity €226,649 ▲247% With a profit in every financial year since 2023, equity grows to €226,649.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0793551852
Annual accounts 2024 filed PDFabbreviated format · 14 days before the deadline
5 directors appointed, 2 resignationsResignations: and · Appointments: , , , and · Permanent representatives: , and · General meeting of 16-05-202511 points ▸
  • General meeting, 16-05-2025
  • Director resignation,
  • Director resignation,
  • Director appointment,
  • Director appointment,
  • Director appointment,
  • Permanent representative,
  • Director appointment,
  • Permanent representative,
  • Director appointment,
  • Permanent representative,

Open the deed in the Belgian Official Gazette

Registered office moved from Stabroek to KapellenNew registered office: Leo Baekelandstraat 7 bus 3, 2950 Kapellen · Previous registered office: Hoge Weg 129, 2940 Stabroek · Board meeting of 12-12-20242 points ▸
  • Board meeting, 12-12-2024
  • Registered-office move, Leo Baekelandstraat 7 bus 3, 2950 Kapellen

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 11 days before the deadline
2022
IncorporationFounding capital of €3,000, 3,000 shares · Founders: and · Appointments: (director) and (director) · published on 17-11-20227 points ▸
  • Registered office clause, Hoge Weg 129, 2940 Stabroek-Hoevenen
  • Board rule, 2
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Founder, (comparant)
  • Founder, (comparant)
  • Founding capital, €3,000, 3,000 shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Leo Baekelandstraat 7, Kapellen

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Thinkzero was incorporated on 14 November 2022 as a private limited company by two natural persons, with a starting capital of €3,000.12 The registered office was moved to Kapellen in 2025.3 Total assets rose from €33,404 in 2023 to €397,179 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-11-2022
  3. 3Belgian Official Gazette, 24-01-2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0793.551.852
VAT number
BE 0793.551.852
Peppol ID
0208:0793551852
Other Peppol ID
9925:BE0793551852
Legal form
Private limited company
Status
Active, normal situation
Founded
14-11-2022
Financial year
ends on 31 December
Peppol
Reachable since 14-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Thinkzero in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-11-2022 (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.
“Vlaams Gewest”
deed of 17-11-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 149 Sectors related to metal, mechanical and electrical engineering
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
43212 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle activiteiten van een algemene bouwonderneming in de ruimste zin van het woord voor de uitvoering van alle aannemingen van…”
14 activities
  1. Alle activiteiten van een algemene bouwonderneming in de ruimste zin van het woord voor de uitvoering van alle aannemingen van werken,eventueel in coördinatie met onderaannemers,en inzonderheid van een bouwonderneming gespecialiseerd in elektriciteitswerken daaronder onder meer begrepen: alle aannemingen van werken betreffende elektrische installaties en elektriciteitswerken,waaronder onder meer maar niet uitsluitend: de installatie van elektrische bedrading en toebehoren; de installatie van hulpvoedingssystemen (generatoraggregaten); de installatie van de bedrading voor telefooninstallaties en computersystemen; de installatie van elektrische verwarmingsinstallaties; de installatie van liften en roltrappen; de installatie van bewakingssystemen en alarminstallaties tegen diefstal; de installatie van antennes en bliksemafleiders
  2. De groot- en kleinhandel in,de handelsbemiddeling in,de import en export van bouwmaterialen in het algemeen,alle materialen,producten,toestellen en installaties,evenals hun aanhorigheden,die verband houden met de hoger genoemde activiteiten en inzonderheid: elektriciteitsmateriaal in de ruimste zin van het woord,daaronder onder meer maar niet uitsluitend begrepen alle materialen,producten,toestellen en installaties voor de uitvoering van elektriciteitswerken,elektrisch installatiemateriaal voor huishoudelijk gebruik,met inbegrip van verlichtingsartikelen,domotica-apparatuur,elektrische verwarmingsapparaten,airconditioningtoestellen,ontvangst- en zendantennes,alle elektronisch materiaal bestemd voor gegevensverwerking,evenals alle toebehoren en bijhorigheden van voorgaande producten
  3. Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie,het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op gebied van onder meer planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie en efficiëntie,het verlenen van adviezen op het gebied van beheer in het algemeen
  4. Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar
  5. Studie,organisatie en raadgevend bureau inzake juridische,financiële,handels,bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economische en financiële problemen
  6. Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het verrichten van secretariaatswerkzaamheden,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebied van management,bedrijfsvoering,economische wetgeving,marketing,export en import,het drukken en uitgeven van studies,rapporten en het verlenen van hulp aan bedrijven in oprichting of bij overname van bestaande bedrijven,zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van de bedrijven van nut kan zijn
  7. Een onderneming voor aanneming van werken,omvattende onder meer maar niet uitsluitend:
  8. Import en export,groot- en kleinhandel,handelsbemiddeling en plaatsing van laadpalen
  9. Administratie,consultancy en management-activiteiten,omvattende onder meer:
  10. Het kopen,verkopen en in licentie nemen of geven van octrooien,knowhow,brevetten en aanverwante immateriële duurzame activa
  11. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen,waaronder ook gronden,en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
  13. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten
  14. De vennootschap mag alle verrichtingen uitvoeren in het kader van dit voorwerp,behoudens deze wettelijk voorbehouden aan spaar- en depositobanken en aan vennootschappen voor vermogensbeheer en beleggingsadvies
deed of 17-11-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Leo Baekelandstraat 7 registered office 2950 Kapellen 14-11-2022 2.337.678.323
1 former office
  • Hoge Weg 129, 2940 Stabroek until 10-12-2024 · deed of 24-01-2025

Buildings and parcels at the address

Ground area
1.2 ha
Buildings
3,861 m²
Volume, LiDAR
26,138 m³
Tallest building
8.3 m
Buildings to scale, each on its own parcel
3,861 m², 8.3 m 3,861 m², 8.3 m

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11362H0586/00E0001.2 ha 1 · 3,861 m² 8.3 m · 2

Invoicing and payment

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. Use the enterprise number 0793.551.852