20 SECONDS TO MIDNIGHT

Active

Private limited companyfounded 2009active for 17 yearsK.M.-Hendrikalaan 123, 1190 Vorst, BelgiumKBO/BCE: BE 0808.812.625

Summary

The computed 12-month bankruptcy probability of 20 SECONDS TO MIDNIGHT is 5.5% (elevated). For 20 SECONDS TO MIDNIGHT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €232,589 and a net result of €18,505. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 22% of 4,583 sector peers (NACE 70, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

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20 SECONDS TO MIDNIGHTActive

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200

3 sites

Size

€1.3mtotal assets 2024

Staff: 4.9 FTE
Equity: €232,589
Profit: €18,505

Financial health

Bankruptcy probabilitywithin 12 months: 5.5%

2024 figures too old to score

Structure

Largest shareholder: RED FROG · 45%
Holdings: 1

Accounts 354 days overdue0 of 10 deeds read

Signalsraises riskFigures for financial year 2024 (filed 21-01-2025)Liquidity: current ratio 1.09, cash €2,2061 financial year not filed after the legal deadline; latest accounts 82 days late; 2 of the last 3 lateAnnual accounts not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Weak

Solvency 43-6

equity 17.7% of total assets

Liquidity 6-4

short-term debt 81.5% · cash 0.2%

Profitability 41-3

return on assets 1.4%

Bankruptcy probability, 12 months

5.5% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,380 companies, NACE 70, micro)

Last 24 months 11-2024: 2.7% 12-2024: 3.1%▲ +0.4 percentage points vs 11-2024 01-2025: 4.1%▲ +1.0 percentage point vs 12-2024 02-2025: 1.9%▼ -2.2 percentage points vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.8%▼ -0.1 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025lowest value 09-2025: 2.0%▲ +0.2 percentage points vs 08-2025 10-2025: 2.2%▲ +0.2 percentage points vs 09-2025 11-2025: 2.9%▲ +0.7 percentage points vs 10-2025 12-2025: 3.3%▲ +0.4 percentage points vs 11-2025 01-2026: 3.9%▲ +0.6 percentage points vs 12-2025 02-2026: 4.0%▲ +0.1 percentage points vs 01-2026 03-2026: 4.3%▲ +0.3 percentage points vs 02-2026 04-2026: 6.0%▲ +1.7 percentage points vs 03-2026 05-2026: 6.0%● unchanged vs 04-2026 06-2026: 6.0%● unchanged vs 05-2026highest value 07-2026: 5.5%▼ -0.5 percentage points vs 06-2026 08-2026: 5.5%● unchanged vs 07-2026 09-2026: 5.5%● unchanged vs 08-2026 10-2026: 5.5%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 21-01-2025)

NBB · annual accounts

Liquidity: current ratio 1.09, cash €2,206

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 82 days late; 2 of the last 3 late

NBB · filings

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Annual accounts not filed

The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 354 days later.

NBB · 10 filings

Position against the passed deadline

31-03-2025 year end31-10-2025 deadline20-10-2026 today

Filed after the deadline

The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 21-01-2025, 82 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

82 days late

2023

33 days late

2022

2 days late

2021

2 days early

2020

30 days late

2019

7 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-01-2025 Annual accounts filedfinancial year 2024 · full…
31-03-2024 Highest result from 2019 to 2024net €18,505 ▲478%
03-12-2023 Annual accounts filedfinancial year 2023 · full…

Key points

Risk: Accounts not fileddeadline was 31-10-2025 354 days late View
Among the largest 19% on gross marginsector median €83,282 · 3,468 companies €392,220 View
Positive: 6 profitable years in a rowprofit 2024: €18,505 6 years View