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THOUGHTWORKS

Active Private limited companyfounded 2021active for 5 yearsBolwerklaan 21, 1210 Saint-Josse-ten-NoodeKBO/BCE: BE 0762.706.050

Lifetime

5 annual accounts with figures on one time axis
peak €1.2m (2025)
€1.2m▲ 6.3%
lowest -€47,010 (2025)
-€47,010▼ €37,212
peak €222,312 (2023)
€489▼ 99.8%
€664,502▲ 92.6%
Board1 name since 2021
1 director
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025micro format
Loss of €47,010Dividend €165,013Equity from €212,513 to €489Debts from €345,020 to €664,502Cash from €62,083 to €32,812

Key points

from the 2025 annual accounts

Equity

€489 from €222,312 in 2023

Equity fell by 100% in 2 years.

Losses

-€56,809 in two years
-9,7982024-47,0102025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€664,502 100% of the balance sheet
Financial debts 4%Suppliers 46%Taxes and wages 27%Other 23%

Of this, €641,213 falls due within a year.

Investments

€47,822 4.5 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Position in the sector

-€47,010

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 820 companies had the same profile as THOUGHTWORKS has now. Each dot stands for 3 companies, two years later.

94.6%
were still trading
3.2%
stopped another way
2.0%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 820 companies, not a prediction for THOUGHTWORKS. 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.

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Signals

Board and ownership

Director
  • founderdeed of 02-02-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0762706050
New establishment in Saint-Josse-ten-Noode Bolwerklaan 21
Registered office moved from Brussels to Saint-Josse New registered office: Manhattan Center, Avenue du Boulevard 1210 Saint-Josse · Previous registered office: Boulevard d'Anvers 4 bte 21, 1000 Bruxelles · Board meeting of 17-06-2022 · Gazette deed
First establishment Chaussée d'Enghien (Hoves) 49, Silly
All 14 events

Comparable companies

same main activity, similar in size and age
Company
THOUGHTWORKS Saint-Josse-ten-Noode - - 0.1% -
DIAMETRAL Ixelles - - -21.4% 11.4
Cloubis Kontich €2.0m -1.4% 62.0% 13.1
ROBONEXT Lint - - 18.5% 11.2
Adaptive Turnhout €1.3m 18.4% 56.6% 5
SPLYNTER Kontich - - 1.8% -
AmberFin Contracting Solutions Kraainem - - 46.9% -

These companies have the same main activity as THOUGHTWORKS: computer programming (NACE 62100). They are comparable in size and age: total assets between €626,000 and €946,000, founded between 2019 and 2022.

Official details

Source: KBO
Status
Active since 29-01-2021Normal situation
Registered office
150 active companies are registered at this address16 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Computer programmingNACE 62100and 2 others
Establishment units
2.313.070.9087830 Silly, since 01-02-2021
2.337.912.5091210 Saint-Josse-ten-Noode, since 01-08-2022
Financial year end
31 December
Peppol
Reachable since 22-10-2025
Company details

Annual accounts 2025

≈ €2.1mestimated
€664,991▲ 19.3%
≈ 13 FTEestimated
Filing
Filed on 30-03-2026, 123 days before the end of the filing period
Financials

Insights on THOUGHTWORKS

THOUGHTWORKS files the micro format. That format states no turnover. The gross margin rose from €85,331 in 2021 to €1.2m 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 THOUGHTWORKS

What is the company number of THOUGHTWORKS?
The company number of THOUGHTWORKS is 0762.706.050. The VAT number is the same number with BE in front: BE 0762.706.050.
Where is THOUGHTWORKS based?
The registered office is at Bolwerklaan 21, 1210 Saint-Josse-ten-Noode.Company details
What does THOUGHTWORKS do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of THOUGHTWORKS?
THOUGHTWORKS is a private limited company (BV).
When was THOUGHTWORKS founded?
THOUGHTWORKS was founded on 29-01-2021.
Is THOUGHTWORKS still active?
Yes, THOUGHTWORKS is an active enterprise in the KBO register.
What is the turnover of THOUGHTWORKS?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 33 comparable companies (NACE 62100). It probably lies between €1.7m and €2.6m.Financials
Is THOUGHTWORKS profitable?
In financial year 2025, THOUGHTWORKS made a loss of €47,010.
Where can I find the annual accounts of THOUGHTWORKS?
THOUGHTWORKS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THOUGHTWORKS due?
THOUGHTWORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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