The file of THINK FREIGHT contains 4 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
For THINK FREIGHT, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 17.7% (high). The 2023 annual accounts show negative equity (-€24,316) and a net result of -€40,901. The figures fluctuate too strongly year-on-year for a reliable trend projection.
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 222 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 10-03-2025)Loss of €40,901 (financial year 2023)Two or more financial years not filedFiled more than 90 days latelowers riskSize: total assets €48,997neutralPrior bankruptcyShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0-39
equity -49.6% of total assets
Liquidity2-1
short-term debt 99.4% · cash 1.8%
Profitability0-100
return on assets -83.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
17.7%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 15.9%12-2024: 17.0%▲ +1.1 percentage points vs 11-202401-2025: 19.3%▲ +2.3 percentage points vs 12-202402-2025: 19.3%● unchanged vs 01-202503-2025: 20.0%▲ +0.7 percentage points vs 02-2025highest value04-2025: 13.7%▼ -6.3 percentage points vs 03-202505-2025: 14.1%▲ +0.4 percentage points vs 04-202506-2025: 14.9%▲ +0.8 percentage points vs 05-202507-2025: 9.7%▼ -5.2 percentage points vs 06-2025lowest value08-2025: 10.6%▲ +0.9 percentage points vs 07-202509-2025: 11.0%▲ +0.4 percentage points vs 08-202510-2025: 14.0%▲ +3.0 percentage points vs 09-202511-2025: 13.3%▼ -0.7 percentage points vs 10-202512-2025: 14.9%▲ +1.6 percentage points vs 11-202501-2026: 17.9%▲ +3.0 percentage points vs 12-202502-2026: 17.9%● unchanged vs 01-202603-2026: 17.9%● unchanged vs 02-202604-2026: 17.4%▼ -0.5 percentage points vs 03-202605-2026: 17.4%● unchanged vs 04-202606-2026: 17.3%▼ -0.1 percentage points vs 05-202607-2026: 17.3%● unchanged vs 06-202608-2026: 17.7%▲ +0.4 percentage points vs 07-202609-2026: 17.7%● unchanged vs 08-202610-2026: 17.7%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline19-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-03-2025, 222 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
This company filed its last 4 accounts on average 363 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Annual accounts filedfinancial year 2022 · micro…
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2025445 days lateView
Risk: Negative equityfinancial year 2023: debts exceed assets-€24,316View
Caution: From profit to loss in 2023after €88,478 in 2022-€40,901View