THYNK
ActiveSummary
THYNK has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €230k and a net result of €71k. Equity is growing by ~45.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+7
Solvency100▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 7.83 against 1.46 in 2023; short-term debt: 8.6% and cash: 36.3% of total assets), and 8.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.2%
Return on assets
28.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
17 d early
2022
13 d early
2021
34 d early
2020
19 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€230k▲ 42.7%
2023 · €161k
2019: €7k
2020: €95k
2021: €175k
2022: €108k
2023: €161k
2019 → 2024
Total assets
€253k▼ 7.4%
2023 · €273k
2019: €12k
2020: €133k
2021: €188k
2022: €221k
2023: €273k
2019 → 2024
Net result
€71k▲ 33.4%
2023 · €53k
2019: €4k
2020: €88k
2021: €80k
2022: €61k
2023: €53k
2019 → 2024
Working capital
€149k▲ 192%
2023 · €51k
2019: €7k
2020: €95k
2021: €175k
2022: €-29k
2023: €51k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€175k▲ 84.7%€108k▼ 38.2%€161k▲ 49.1%€230k▲ 42.7%
Operating result€114k-€104k▼ 9.1%€82k▼ 21.4%€75k▼ 7.7%€95k▲ 25.8%
Net result€88k-€80k▼ 8.5%€61k▼ 24.2%€53k▼ 12.8%€71k▲ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 26% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €253k
Fixed assets
€82k ▼ 25.8%
Current assets
€171k ▲ 5.1%
Equity and liabilities €253k
Equity
€230k ▲ 42.7%
Debt
€22k ▼ 80.0%
Debt's share of the balance-sheet total falls from 40.9% to 8.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123k▲
2023 · €104k
Cash flow
€99k▲
2023 · €82k
Current ratio
7.83▲
2023 · 1.46
Debt to equity
0.10▼
2023 · 0.69
ROE
30.8%▼
2023 · 32.9%
ROA
28.1%▲
2023 · 19.5%
Interest coverage
24.39▲
2023 · 15.15
Debt ≤ 1 year
€22k▼
2023 · €111k
Income taxes
€19k▲
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€273k€253k▼
Fixed assets21/28€111k€82k▼
Tangible fixed assets22/27€111k€82k▼
Furniture and vehicles24€111k€82k▼
Current assets29/58€162k€171k▲
Amounts receivable within one year40/41€68k€75k▲
Trade receivables40€64k€65k▲
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€92k€92k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€273k€253k▼
Equity10/15€161k€230k▲
Contributions10/11€4k€4k=
Reserves13€158k€227k▲
Distributable reserves133€158k€227k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€111k€22k▼
Amounts payable within one year42/48€111k€22k▼
Trade debts44€4k€615▼
Suppliers440/4€4k€615▼
Taxes, remuneration and social security45€23k€12k▼
Taxes450/3€21k€12k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€85k€9k▼
Accrued charges and deferred income492/3€0€470▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€106k€125k▲
Operating profit (loss)9901€75k€95k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€69k€90k▲
Income taxes67/77€15k€19k▲
Profit (loss) for the period9904€53k€71k▲
Profit (loss) for the period to be appropriated9905€53k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€71k▲
Transfer from equity791/2€0-
Transfer to equity691/2€53k€69k▲
To other reserves6921€53k€69k▲
Profit to be distributed694/7€0€2k▲
Return on contributions (dividend)694€0-
Directors or managers695-€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 7.83
Current ratio from 1.46 to 7.83; short-term debt falls from €111k to €22k.
31-12
Financial
Equity above €200kEq €230k ▲42.7%
6 profitable years in a row build equity to €230k.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €161k ▲49.1%
5 profitable years in a row build equity to €161k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 15.33
Current ratio from 3.49 to 15.33; short-term debt falls from €38k to €12k.
31-12
Financial
Equity above €150kEq €175k ▲84.7%
3 profitable years in a row build equity to €175k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Highest result since 2019net €88k ▲2391%
Operating result €114k, net result €88k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rozenlaan 132970 SchildeGround area
1,844 m²
Building footprint
211 m²
Volume, LiDAR
1,272 m³
Parcel 11041C0328/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THYNK
since 20192.296.255.264
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0328/00H000 | Flanders | 1,844 m² | 1 · 211 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PAPILIO PROJECTS
BE 0832.698.676
Antwerpen · Eq €230,378
WAPAMAX
BE 0795.521.546
Sint-Gillis (bij-Brussel) · Eq €230,405
GIPS Management Services
BE 0876.746.376
Lubbeek · Eq €230,428
INTERNATIONAL MANAGEMENT AND CONSULTING AND COACHING
BE 0834.662.927
Merchtem · Eq €230,451
IMMO MVP
BE 0820.918.423
Braine-l'Alleud · Eq €230,454
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,263 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.