Financials
Financial year 2025
Think IT from Waregem, company number BE0793629254, closed financial year 2025 with a result of € -11,721 after tax. For that financial year Think IT recorded a gross margin of € 50,518 and equity of € 75,274. Compared with financial year 2024, the result moved from € 15,456 to € -11,721. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 75,274
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,721
▼ still € 15,456 profit in 2024
Profit after tax over the fiscal year.
€ 66,878
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 72,774.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 250
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 12,157
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,041
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,886
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 106,234 | € 32,575 | € 50,518 | ▲ 55% |
| Profit after taxes | € 69,039 | € 15,456 | € -11,721 | ▼ € 27,177 |
| Equity | € 71,539 | € 86,995 | € 75,274 | ▼ 13% |
| Total debts | € 50,959 | € 26,644 | € 25,926 | ▼ 3% |
| Cash | € 72,560 | € 57,948 | € 66,878 | ▲ 15% |
| Retained profit | € 69,039 | € 84,495 | € 72,774 | ▼ 14% |
| Balance sheet total | € 122,498 | € 113,639 | € 142,400 | ▲ 25% |
Key figures of Think IT, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Think IT?
What happened at Think IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,721 (▼ € 27,177 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,039 profit in 2023 to € 11,721 loss in 2025.
Paid € 56,468 in corporate taxes since 2023.
Best year ever: 2023, with € 69,039 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Adam De Smet
Director
Establishments
Establishment units
Physical locations of this company
Blauwe-Zwaanstraat 11
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.629.254
- VAT number
- BE 0793.629.254
- Registered office
- Blauwe-Zwaanstraat 11, 8790 Waregem
- Names & denominations
- Think IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2022
- Peppol
- Active · Active since 17 Mar 2025
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