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THYNK

Active
Public limited companyfounded 2021active for 5 yearsLouizalaan 231, 1050 Brussel, Belgium576 active companies are registered at this addressKBO/BCE: BE 0774.271.321
Summary

THYNK has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €9.7m and a net result of -€1.5m. Equity is shrinking by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other software publishing
NACE 58290Computer programming NACE 62100
2nd largest company by equity in Elsene, Publishing and media sector1 site
Size
€12.8mtotal assets 2026
Staff
0.6 FTE
Equity
€9.7m
Loss
-€1.5m
Financial health
92 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
Accounts filed 15 days late3 of 8 deeds read
Why 92raises riskLoss of €1.5m, the second in a row (financial year 2026)1 change of registered office in 24 monthslowers riskSector: Publishing activities (NACE 58)Liquidity: current ratio 9.39, cash €3.0m, halvedShow the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 58, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 75.8% of total assets
Liquidity 79-21
short-term debt 7.1% · cash 23.0%
Profitability 4+4
return on assets -11.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,274 companies, NACE 58, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 04-2025lowest value 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%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026
Credit of up to €850,000 on 30-day terms is acceptable
Liquidity ample (current ratio 9.39, compared with 11.42 in 2025, above the usual 1.5; short-term debt: 7.1% and cash: 23% of total assets), and 24.2% 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 58, micro): better than 87% on solvency, 71% on liquidity, 18% on profitability and 28% on growth.

The bankruptcy probability was computed on 16-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €1.5m, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 9.39, cash €3.0m, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
23242526
2023 to 2026 · latest year -€1.5m
neutral · Filed after the deadline
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 15-09-2026, 15 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2026
15 days late
2025
29 days late
2024
12 days early
2023
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 17 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 22 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Registered officeDirector in office · Registered-office…
  3. Capital & shares · Amendment of…Financial instrument · Bank account…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2026 -€1.5m View
  • Positive: 2nd largest company by equity in Elsene, Publishing and media sectorin the Checked rankings No. 2 View
  • Positive: Result rose in 2026from -€3.6m to -€1.5m ▲ 58.0% View

By topic

Financials

Financial year
2026
Total assets
€12.8m
Loss
-€1.5m
Solvency
75.8%
Total assets▼ 5.8%
Net result
20232026
Go to Financials

Timeline

Events
8
Since
2023
Next accounts
by 31-08-2027
  1. 29-09-2025Annual accounts filed
  2. 04-02-2025Capital & shares · Amendment of the…
  3. 31-01-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other software publishingNACE 58290
Founded
17-09-2021
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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