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THINK FREIGHT

Active
Private limited companyfounded 2019active for 7 yearsWoluwedal 60d, 1200 Sint-Lambrechts-Woluwe, Belgium14 active companies are registered at this addressKBO/BCE: BE 0729.547.490

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.

Overview

Activity
Activity not known1 site
Size
€48,997total assets 2023
Equity
-€24,316
Loss
-€40,901
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
17.7%
2023 figures too old to score
Structure
Accounts 445 days overdue0 of 2 deeds read
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
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
Weak
Solvency 0-39
equity -49.6% of total assets
Liquidity 2-1
short-term debt 99.4% · cash 1.8%
Profitability 0-100
return on assets -83.5%
Bankruptcy probability, 12 months
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 months 11-2024: 15.9% 12-2024: 17.0%▲ +1.1 percentage points vs 11-2024 01-2025: 19.3%▲ +2.3 percentage points vs 12-2024 02-2025: 19.3%● unchanged vs 01-2025 03-2025: 20.0%▲ +0.7 percentage points vs 02-2025highest value 04-2025: 13.7%▼ -6.3 percentage points vs 03-2025 05-2025: 14.1%▲ +0.4 percentage points vs 04-2025 06-2025: 14.9%▲ +0.8 percentage points vs 05-2025 07-2025: 9.7%▼ -5.2 percentage points vs 06-2025lowest value 08-2025: 10.6%▲ +0.9 percentage points vs 07-2025 09-2025: 11.0%▲ +0.4 percentage points vs 08-2025 10-2025: 14.0%▲ +3.0 percentage points vs 09-2025 11-2025: 13.3%▼ -0.7 percentage points vs 10-2025 12-2025: 14.9%▲ +1.6 percentage points vs 11-2025 01-2026: 17.9%▲ +3.0 percentage points vs 12-2025 02-2026: 17.9%● unchanged vs 01-2026 03-2026: 17.9%● unchanged vs 02-2026 04-2026: 17.4%▼ -0.5 percentage points vs 03-2026 05-2026: 17.4%● unchanged vs 04-2026 06-2026: 17.3%▼ -0.1 percentage points vs 05-2026 07-2026: 17.3%● unchanged vs 06-2026 08-2026: 17.7%▲ +0.4 percentage points vs 07-2026 09-2026: 17.7%● unchanged vs 08-2026 10-2026: 17.7%● unchanged vs 09-2026
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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 2 financial years not filed after the legal deadline; latest accounts 222 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 10-03-2025)
NBB · annual accounts
lowers risk · Size: total assets €48,997
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €40,901 (financial year 2023)
NBB · annual accounts
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
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.
NBB · 4 filings
Position against the passed deadline
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.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
222 days late
2022
366 days late
2021
731 days late
2020
132 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

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
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Annual accounts filedfinancial year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 445 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€24,316 View
  • Caution: From profit to loss in 2023after €88,478 in 2022 -€40,901 View

By topic

Financials

Financial year
2023
Total assets
€48,997
Loss
-€40,901
Solvency
-49.6%
Total assets▼ 59.3%
Net result
20202023
Go to Financials

Timeline

Events
11
Since
2021
  1. 20-09-2023Bankruptcy reversal
  2. 01-08-2023Opening
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
28-06-2019
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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