Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
THINK URBAN from Kortrijk, company number BE0842070064, closed financial year 2024 with a result of € 665,443 after tax. For that financial year THINK URBAN recorded a gross margin of € -39,526 and equity of € 2.4 million. Compared with financial year 2023, the result moved from € -24,552 to € 665,443. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2025.
€ 2.4 million
▲ 39% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 665,443
▲ still € 24,552 loss in 2023
Profit after tax over the fiscal year.
€ 24,393
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 812,275.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 4.8 million
▼ 1% vs 2023
Of which on lease € 4.8 million.
Debts at end 2024
€ 2.7 million
▼ 4% vs 2023
€ 110,467 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 324,600
▲ 91% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 95,768
▲ 24% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -23,869 | € -175,128 | € -88,874 | € -39,526 | ▲ € 49,348 |
| Profit after taxes | € -128,572 | € 54,767 | € -24,552 | € 665,443 | ▲ € 689,995 |
| Equity | € 1,671,516 | € 1,726,283 | € 1,701,731 | € 2,367,174 | ▲ 39% |
| Total debts | € 5,079,217 | € 5,578,425 | € 5,430,236 | € 5,423,688 | |
| Cash | € 21,102 | € 9,673 | € 40,843 | € 24,393 | ▼ 40% |
| Retained profit | € 48,840 | € 126,200 | € 124,240 | € 812,275 | ▲ € 688,035 |
| Bank debt | € 3,414,368 | € 3,154,551 | € 2,820,509 | € 2,713,702 | ▼ 4% |
| Balance sheet total | € 8,330,861 | € 8,492,452 | € 8,047,683 | € 8,445,710 | ▲ 5% |
Key figures of THINK URBAN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to THINK URBAN?
What happened at THINK URBAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 665,443. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 128,572 loss in 2021 to € 665,443 profit in 2024.
Paid € 12,245 in corporate taxes since 2021.
Best year ever: 2024, with € 665,443 profit.
A new publication or filing at THINK URBAN? We notify you, reason included.
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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
Behind THINK URBAN is Leopold Dekeyser. It owns 100% of King Real Estate, 100% of Think Urban Construction, 50% of High Street One and 50% of Vlaskaai itself.
Directors
According to the 2024 annual accounts
Leopold Dekeyser
Manager
Also active at: THINK URBAN ADVICE, VLASKAAI, THINK URBAN CONSTRUCTION, HIGH STREET ONE
Establishments
Establishment units
Physical locations of this company
Hugo Verriestlaan(Kor) 127
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.070.064
- VAT number
- BE 0842.070.064
- Registered office
- Hugo Verriestlaan(Kor) 127, 8500 Kortrijk
- Names & denominations
- THINK URBAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2011
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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Activiteiten van hoofdkantoren