ACTIVE

THINKING DESIGN

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Financial year 2025 · closed on 31/12/2025

Net result

19 k €

-33.1% YoY

Gross margin

29,2 k €

-38.6% YoY

Equity

529,8 k €

+3.7% YoY

What does THINKING DESIGN do?

THINKING DESIGN is a Private limited company incorporated in 2007. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.201.068

Incorporation

20/06/2007

Legal form

Private limited company

Registered office

Boulevard de Waterloo 92 box 3
1000 Bruxelles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	29,2 k €	-38.6%	47,6 k €	+9.3%	43,5 k €	-24.2%	57,5 k €	+20.1%	47,9 k €	-29.8%	68,2 k €	+54.0%	44,3 k €	-16.4%	53 k €	-19.6%	65,9 k €	+13.4%	58,1 k €	-14.7%	68,1 k €	+63.6%	41,6 k €	-1.1%	42,1 k €	+29.4%	32,5 k €	-9.2%	35,8 k €	+3.0%	34,8 k €	+30.2%	26,7 k €	-49.4%	52,8 k €	+42.2%	37,1 k €
EBITDA	28,4 k €	-40.0%	47,2 k €	+9.9%	43 k €	-24.8%	57,1 k €	+21.1%	47,2 k €	-30.8%	68,2 k €	+55.2%	43,9 k €	-16.5%	52,6 k €	-19.7%	65,5 k €	+13.5%	57,8 k €	-14.8%	67,8 k €	+63.2%	41,5 k €	+0.4%	41,4 k €	+28.9%	32,1 k €	-8.0%	34,9 k €	+1.3%	34,4 k €	+28.9%	26,7 k €	-48.9%	52,3 k €	+42.2%	36,8 k €
Operating result	27,1 k €	-41.0%	45,8 k €	+10.1%	41,6 k €	-27.0%	57 k €	+24.5%	45,8 k €	-30.4%	65,9 k €	+58.3%	41,6 k €	-19.4%	51,7 k €	-20.2%	64,8 k €	+13.7%	57 k €	-14.8%	66,9 k €	+63.1%	41 k €	+3.8%	39,5 k €	+34.0%	29,5 k €	-7.3%	31,8 k €	-2.7%	32,7 k €	+28.9%	25,4 k €	-50.2%	50,9 k €	+38.4%	36,8 k €
Net result	19 k €	-33.1%	28,4 k €	+1.3%	28 k €	-24.9%	37,3 k €	+9.9%	33,9 k €	-21.5%	43,2 k €	+50.9%	28,6 k €	-26.5%	39 k €	-18.4%	47,8 k €	+35.3%	35,3 k €	-16.8%	42,4 k €	+34.7%	31,5 k €	-6.3%	33,6 k €	+29.1%	26 k €	+7.1%	24,3 k €	-12.8%	27,9 k €	+168%	10,4 k €	-72.7%	38 k €	+41.9%	26,8 k €
Balance sheet
Equity	529,8 k €	+3.7%	510,8 k €	-1.5%	518,4 k €	+5.7%	490,4 k €	+8.2%	453,1 k €	+8.1%	419,1 k €	+11.5%	375,9 k €	+8.3%	347,2 k €	+12.6%	308,3 k €	+18.3%	260,5 k €	+15.7%	225,3 k €	+0.2%	224,8 k €	+16.3%	193,3 k €	+21.1%	159,7 k €	+19.5%	133,7 k €	+22.2%	109,4 k €	+34.2%	81,5 k €	+14.6%	71,1 k €	+115%	33 k €
Total assets	575 k €	-2.4%	589,4 k €	+7.7%	547 k €	+7.7%	508 k €	+8.3%	469,2 k €	+1.8%	461,1 k €	+17.8%	391,3 k €	+6.8%	366,3 k €	+8.9%	336,4 k €	+19.9%	280,7 k €	-4.1%	292,7 k €	+23.6%	236,7 k €	+18.6%	199,7 k €	+17.0%	170,7 k €	+15.5%	147,8 k €	+13.2%	130,6 k €	+30.2%	100,3 k €	+25.7%	79,8 k €	+45.6%	54,8 k €
Cash	304,1 k €	+10.5%	275,2 k €	+30.9%	210,3 k €	+7.8%	195 k €	+7.4%	181,5 k €	-6.2%	193,6 k €	+114%	90,3 k €	-25.8%	121,6 k €	+12.7%	107,9 k €	-11.8%	122,4 k €	+51.3%	80,9 k €	+1.9%	79,4 k €	+45.3%	54,6 k €	+9.2%	50 k €	+10.7%	45,2 k €	+16.2%	38,9 k €		–		14,9 k €	+17.3%	12,7 k €
Debts	45,2 k €	-42.5%	78,6 k €	+175%	28,6 k €	+62.8%	17,6 k €	+9.1%	16,1 k €	-61.6%	41,9 k €	+172%	15,4 k €	-19.1%	19,1 k €	-32.2%	28,1 k €	+39.9%	20,1 k €	-70.2%	67,5 k €	+467%	11,9 k €	+88.0%	6,3 k €	-42.2%	10,9 k €	-22.6%	14,1 k €	-33.4%	21,2 k €	+12.7%	18,8 k €	+117%	8,7 k €	-60.1%	21,8 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 · 1 active · 1 ended

Active mandates

CARL BEETH

Director

Active

Ended mandates

CARL BEETH

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires Boulevard de Waterloo 92 à Bruxelles , Boulevard de Waterloo 92● Active	0849.065.744
Association des copropriétaires de l'immeuble à Bruxelles , boulevard de Waterloo s/n● Active	0846.188.903
CABEL● Active	0432.666.817

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged 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	21/08/2026	24/06/2025	30/09/2024	29/08/2023	16/06/2022	21/08/2021
General meeting	21/08/2026	07/06/2025	03/07/2024	05/06/2023	06/06/2022	11/08/2021
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	21/08/2026	21/08/2026	French	PDF
Micro model	31/12/2024	07/06/2025	24/06/2025	French	PDF
Micro model	31/12/2023	03/07/2024	30/09/2024	French	PDF
Micro model	31/12/2022	05/06/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	16/06/2022	French	PDF
Abridged model	31/12/2020	11/08/2021	21/08/2021	French	PDF
Abridged model	31/12/2019	13/08/2020	14/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	16/07/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	16/08/2017	French	PDF
Abridged model	31/12/2015	26/08/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	11/08/2015	French	PDF
Abridged model	31/12/2013	01/06/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	28/06/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	29/06/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	10/06/2008	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 · 1 active · 1 ended

Active mandates

CARL BEETH

Director

Active

Ended mandates

CARL BEETH

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office19/03/2014
SIEGE SOCIAL
PDF
Registered office20/07/2010
SIEGE SOCIAL
PDF
Other29/06/2007
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 202519 k €↓
2024
Annual accounts 202428,4 k €↑
2023
Annual accounts 202328 k €↓
2022
Annual accounts 202237,3 k €↑
2021
Annual accounts 202133,9 k €↓
2020
Annual accounts 202043,2 k €↑
2019
Annual accounts 201928,6 k €↓
2018
Annual accounts 201839 k €↓
2017
Annual accounts 201747,8 k €↑
2016
Annual accounts 201635,3 k €↓
2015
Annual accounts 201542,4 k €↑
2014
Annual accounts 201431,5 k €↓
2013
Annual accounts 201333,6 k €↑
2012
Annual accounts 201226 k €↑
2011
Annual accounts 201124,3 k €↓
2010
Annual accounts 201027,9 k €↑
2009
Annual accounts 200910,4 k €↓
2008
Annual accounts 200838 k €↑
2007
Annual accounts 200726,8 k €
20/06/2007
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

THINKING DESIGN

Overview

What does THINKING DESIGN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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