ACTIVE

THINKSPARK

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

75,1 k €

-37.1% YoY

Gross margin

134,8 k €

-28.7% YoY

Equity

463,5 k €

+5.5% YoY

What does THINKSPARK do?

THINKSPARK is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Forest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.393.055

Incorporation

20/09/2010

Legal form

Private limited company

Registered office

Bd G. Van Haelen 167
1190 Forest · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74103Specialised design activities 74120Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	134,8 k €	-28.7%	189 k €	+56.6%	120,7 k €	+4.1%	115,9 k €	-13.6%	134,2 k €	+45.5%	92,3 k €	-8.8%	101,1 k €	+36.6%	74 k €	-39.7%	122,6 k €	+365%	26,4 k €	-55.4%	59,1 k €	+99.4%	29,7 k €	-49.9%	59,2 k €	+19.6%	49,5 k €	-33.4%	74,3 k €
EBITDA	132 k €	-29.2%	186,5 k €	+59.4%	117 k €	+3.1%	113,5 k €	-14.3%	132,4 k €	+47.1%	90 k €	-1.1%	91 k €	+30.3%	69,8 k €	-42.4%	121,1 k €	+390%	24,7 k €	-54.4%	54,2 k €	+93.4%	28 k €	-51.7%	58 k €	+18.5%	48,9 k €	-32.8%	72,8 k €
Operating result	109,7 k €	-33.3%	164,4 k €	+74.5%	94,2 k €	+0.7%	93,6 k €	-17.8%	113,8 k €	+55.4%	73,2 k €	-0.2%	73,3 k €	+44.9%	50,6 k €	-27.9%	70,2 k €	+317%	16,8 k €	-61.9%	44,2 k €	+179%	15,8 k €	-67.6%	48,8 k €	+15.8%	42,1 k €	-35.2%	65,1 k €
Net result	75,1 k €	-37.1%	119,4 k €	+123%	53,5 k €	-16.1%	63,7 k €	-28.5%	89,2 k €	+73.4%	51,4 k €	+3.9%	49,5 k €	+39.0%	35,6 k €	-33.9%	53,9 k €	+490%	9,1 k €	-65.1%	26,2 k €	+157%	10,2 k €	-68.5%	32,4 k €	+14.0%	28,4 k €	-33.5%	42,7 k €
Balance sheet
Equity	463,5 k €	+5.5%	439,4 k €	+19.1%	369 k €	+16.9%	315,5 k €	+25.3%	251,8 k €	+46.7%	171,6 k €	+0.8%	170,2 k €	+16.8%	145,7 k €	+7.9%	135,1 k €	+28.4%	105,2 k €	+9.5%	96 k €	-19.9%	119,8 k €	+9.3%	109,6 k €	+41.9%	77,3 k €	+58.1%	48,9 k €
Total assets	716,3 k €	+1.3%	707,1 k €	+26.0%	561 k €	-3.1%	579 k €	+12.0%	516,9 k €	+10.0%	469,8 k €	+1.1%	464,7 k €	-0.5%	467,1 k €	+2.6%	455,3 k €	+242%	133 k €	+12.2%	118,6 k €	-11.9%	134,7 k €	+0.0%	134,6 k €	+39.2%	96,8 k €	+9.5%	88,3 k €
Cash	38 k €	-32.8%	56,6 k €	+109%	27,1 k €	-52.2%	56,7 k €	+1.3%	55,9 k €	-16.2%	66,7 k €	+98.8%	33,6 k €	-64.7%	95,1 k €	+14.2%	83,3 k €	+140%	34,7 k €	-19.9%	43,4 k €	-21.9%	55,5 k €	+20.8%	46 k €	+879%	4,7 k €	-89.3%	43,8 k €
Debts	251,3 k €	-5.5%	265,8 k €	+39.5%	190,6 k €	-27.1%	261,7 k €	-0.7%	263,4 k €	-11.0%	295,8 k €	+1.8%	290,6 k €	-3.5%	301 k €	+6.6%	282,4 k €	+916%	27,8 k €	+23.4%	22,5 k €	+51.9%	14,8 k €	-40.6%	25 k €	+28.4%	19,5 k €	-50.6%	39,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Blancho Yannick

Mandate

Active

Munck Claire

Mandate

Active

Ended mandates

Claire Munck

Director · since 29 septembre 2010

Ended

Claire Munck

Manager · since 29 septembre 2010

Ended

Yannick Blancho

Director · since 29 septembre 2010

Ended

Yannick Blancho

Manager · since 29 septembre 2010

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2026	24/07/2025	23/07/2024	31/08/2023	24/08/2022	16/08/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/05/2026	18/08/2026	French	PDF
Micro model	31/12/2024	21/05/2025	24/07/2025	French	PDF
Micro model	31/12/2023	15/05/2024	23/07/2024	French	PDF
Micro model	31/12/2022	17/05/2023	31/08/2023	French	PDF
Micro model	31/12/2021	18/05/2022	24/08/2022	French	PDF
Micro model	31/12/2020	19/05/2021	16/08/2021	French	PDF
Micro model	31/12/2019	08/09/2020	09/11/2020	French	PDF
Micro model	31/12/2018	15/05/2019	29/08/2019	French	PDF
Micro model	31/12/2017	16/05/2018	26/09/2018	French	PDF
Micro model	31/12/2016	17/05/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	18/05/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	20/05/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	21/05/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	15/05/2013	29/07/2013	French	PDF
Abridged model	31/12/2011	16/05/2012	03/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Blancho Yannick

Mandate

Active

Munck Claire

Mandate

Active

Ended mandates

Claire Munck

Director · since 29 septembre 2010

Ended

Claire Munck

Manager · since 29 septembre 2010

Ended

Yannick Blancho

Director · since 29 septembre 2010

Ended

Yannick Blancho

Manager · since 29 septembre 2010

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office22/01/2018
SIEGE SOCIAL
PDF
Registered office05/08/2013
SIEGE SOCIAL
PDF
Registered office16/08/2012
SIEGE SOCIAL
PDF
Other29/09/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202575,1 k €↓
2024
Annual accounts 2024119,4 k €↑
2023
Annual accounts 202353,5 k €↓
2022
Annual accounts 202263,7 k €↓
2021
Annual accounts 202189,2 k €↑
2020
Annual accounts 202051,4 k €↑
2019
Annual accounts 201949,5 k €↑
2018
Annual accounts 201835,6 k €↓
2017
Annual accounts 201753,9 k €↑
2016
Annual accounts 20169,1 k €↓
2015
Annual accounts 201526,2 k €↑
2014
Annual accounts 201410,2 k €↓
2013
Annual accounts 201332,4 k €↑
2012
Annual accounts 201228,4 k €↓
2011
Annual accounts 201142,7 k €
20/09/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

THINKSPARK

Overview

What does THINKSPARK do?

Trend over 15 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline