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Complete company report
Generated 10-08-2026
Active BE 0540.856.855Private limited company (pre-2019)Open bankruptcy

RETHYNK

· 12 yrs active
Conclusion Checked

A bankruptcy procedure is open for RETHYNK according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €73k and a net result of €36k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €73k
Net result €36k
Staff (FTE) 4.8
Active 12 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health34Profitability100Solvency72Growth78Stability0
57 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 34
Profitability 100
Solvency 72
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
34 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 27-11-2023 with the NBB · fiscal year 2022 · micro
€-50k€-25k€0€25k€50kOperating result 2018: €-3k€-3kNet result 2018: €-29k€-29kOperating result 2019: €-3k€-3kNet result 2019: €-32k€-32kOperating result 2020: €62k€62kNet result 2020: €1k€1kOperating result 2021: €26k€26kNet result 2021: €21k€21kOperating result 2022: €36k€36kNet result 2022: €36k€36k20182019202020212022
Operating resultNet result
EBITDA
€37k
+38.9% 18-22
Net profit
€36k
+72.9% 18-22
Cash flow
€36k
+73.9% 18-22
Total assets
€194k
-24.8% 18-22
Equity
€73k
+96.9% 18-22
Working capital
€72k
+102.2% 18-22
Employees (FTE)
5
0.0% 18-22
Staff costs
€204k
+6.1% 18-22
Income taxes
€5k
-82.9% 18-22
Debt
€121k
-45.1% 18-22
Debt ≤ 1y
€121k
-45.1% 18-22
Current ratio
1.59
+37.2% 18-22
Quick ratio
1.59
+37.2% 18-22
Solvency
37.5%
+161.9% 18-22
Debt / equity
1.67
-72.1% 18-22
ROE
49.2%
-12.2% 18-22
ROA
18.4%
+130.0% 18-22
Interest coverage
130.89
+124.8% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€37k
Net profit€36k
Cash flow€36k
Staff costs€204k
Income taxes-
Dividends-
Total assets€194k
Equity€73k
Debt€121k
of which ≤ 1y€121k
of which > 1y-
Working capital€72k
Employees (FTE)4.8
Ratios (computed)
2022
Current ratio1.59
Quick ratio1.59
Working capital ratio37.0%
Solvency37.5%
Debt / equity1.67
Long-term debt ratio-
Interest coverage130.89
Gross margin-
Net margin-
ROA18.4%
ROE49.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€194k
Fixed assets 21/28€846
Tangible fixed assets 22/27€846
Current assets 29/58€193k
Amounts receivable within one year 40/41€92k
Cash & bank 54/58€101k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€194k
Equity 10/15€73k
Contributions / capital 10/11€15k
Accumulated profits (losses) 14€58k
Amounts payable 17/49€121k
Amounts payable within one year 42/48€121k
Trade debts payable within one year 44€24k
Income statement
Gross operating margin 9900€241k
Operating result 9901€36k
Financial charges 65€279
Result before taxes 9903€36k
Net result for the period 9904€36k
Result to be appropriated 9905€36k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Asenov Hristo Strahilov
    Manager
    State Gazette act 24073531 (13-05-2024)
    Current
    02-05-2024 → present
Former directors (2)
  • Kaushik Taruna
    Director
    State Gazette act 24097916 (01-07-2024)
    Former
    - → 31-05-2024
  • KAUSHIK Ravi
    Director (executive)
    State Gazette act 22064486 (30-05-2022)
    Former
    - → 02-05-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator ANTOINE BRAUN
VIEUX CHEMIN DU POETE 11, 1301 BIERGES- . 89623 MONITEUR BELGE — 26.11.2025 — BELGISCH STAATSBLAD
 20-11-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation16-10-2013
StatusActive
Postal code-
First BS signal 26-11-2025
Latest BS signal 26-11-2025
Company structure, linked entities1 linked entities
RETHYNKBE 0540.856.855ANTOINE BRAUNReceiver ↔ 78BioQlim BelgiqueLA BELLA GALLIPOLIGlobalTT
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
Drève Richelle 161/J, 1410 Waterloo
Handelsbemiddeling in de niet-gespecialiseerde groothandel
since 20132.223.301.564
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25763M0621/00F000indicative Wallonia 1.0 ha 1 · 1,772 m² 22.9 m · 6 fl.
25782C0208/00X005 Wallonia 79 m² 1 · 90 m² 14.2 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-11-2025
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · RETHYNK SRL RUE DU CURA 37, 1400 NIVELLES · event 20-11-2025
2024
01-07-2024
State Gazette act Director changes
13-05-2024
State Gazette act Director changes
2023
27-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
29-03-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
2022
30-05-2022
State Gazette act Director changes
13-01-2022
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
31-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
13-12-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
31-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
28-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals 1 events
26-11-2025
Bankruptcy Opening
Date: 20-11-2025 · Tribunal de l’entreprise du Brabant wallon · RETHYNK SRL RUE DU CURA 37, 1400 NIVELLES · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-11-26 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 2 years ago
2024
01-07-2024 Kaushik Taruna resigns as director Director changes
  • Kaushik Taruna, Bestuurder
Technical details 
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    {
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  "notary": {
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-07-01",
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  "decisions": [
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      "date": "2024-05-31",
      "unanimous": true
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  "subject_company": {
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  "publication_proxy": {
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  "corrected_publication_numac": null
}
13-05-2024 Asenov Hristo Strahilov appointed as manager Director changes
  • Asenov Hristo Strahilov, Zaakvoerder
Technical details 
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      "effective_date": "2024-05-02",
      "evidence_quote": "Monsieur Asenov Hristo Strahilov est nomm\u00E9 au poste de g\u00E9rant charg\u00E9 de la gestion journali\u00E8re \u00E0 compter de ce jour. Il accepte cette nomination.",
      "decharge_status": null,
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  "act_meta": {
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    "pub_date": "2024-05-13",
    "filing_date": "2024-05-02",
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  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-02-10",
      "unanimous": true
    }
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  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2022
30-05-2022 KAUSHIK Ravi resigns as director (executive) Director changes
  • KAUSHIK Ravi, Directeur
Technical details 
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR RETHYNK
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative