BILLY TIMES
ActiveSummary
The computed 12-month bankruptcy probability of BILLY TIMES is 3.3% (moderate). For BILLY TIMES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €59k and a net result of €5k. Equity is growing by ~56.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 5387 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability77▼-23
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
74.3%
Return on assets
6.5%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
26 d late
2022
9 d late
2021
5 d early
2020
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€59k▲ 9.6%
2022 · €54k
2020: €-2k
2021: €28k
2022: €54k
2020 → 2023
Total assets
€79k▲ 12.8%
2022 · €70k
2021: €29k
2022: €70k
2021 → 2023
Net result
€5k▼ 80.2%
2022 · €26k
2020: €-7k
2021: €29k
2022: €26k
2020 → 2023
Working capital
€16k▼ 41.0%
2022 · €27k
2021: €8k
2022: €27k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-2k-€28k€54k▲ 94.3%€59k▲ 9.6%
Operating result€-7k-€29k€31k▲ 4.0%€12k▼ 62.2%
Net result€-7k-€29k€26k▼ 11.7%€5k▼ 80.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 62% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €79k
Fixed assets
€43k ▲ 62.7%
Current assets
€36k ▼ 17.5%
Equity and liabilities €79k
Equity
€59k ▲ 9.6%
Debt
€20k ▲ 23.0%
Debt's share of the balance-sheet total rises from 23.6% to 25.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2022 · €36k
Cash flow
€15k▼
2022 · €32k
Current ratio
1.80▼
2022 · 2.64
Debt to equity
0.35▲
2022 · 0.31
ROE
8.8%▼
2022 · 48.5%
ROA
6.5%▼
2022 · 37.1%
Interest coverage
74.24▼
2022 · 96.62
Debt ≤ 1 year
€20k▲
2022 · €17k
Income taxes
€6k▲
2022 · €4k
Staff costs
€20k▲
2022 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet
Code20222023
Assets
Total assets20/58€70k€79k▲
Fixed assets21/28€26k€43k▲
Tangible fixed assets22/27€26k€43k▲
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€9k€29k▲
Current assets29/58€44k€36k▼
Amounts receivable within one year40/41€31k€36k▲
Trade receivables40€7k€28k▲
Other amounts receivable41€25k€8k▼
Cash at bank and in hand54/58€12k€21▼
Equity and liabilities
Total equity and liabilities10/49€70k€79k▲
Equity10/15€54k€59k▲
Contributions10/11€5k€5k=
Capital10€5k-
Issued capital100€5k-
Profit (loss) carried forward14€49k€54k▲
Amounts payable17/49€17k€20k▲
Amounts payable within one year42/48€17k€20k▲
Trade debts44€10k€15k▲
Suppliers440/4€10k€15k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€2k€0▼
Accrued charges and deferred income492/3-€300
Income statement
Code20222023
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€7k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€12k€0▼
Non-recurring operating charges66A€58€0▼
Gross operating margin9900€55k€42k▼
Operating profit (loss)9901€31k€12k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€375€287▼
Recurring financial charges65€375€287▼
Profit (loss) for the period before taxes9903€30k€11k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€26k€5k▼
Profit (loss) for the period to be appropriated9905€26k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€54k▲
Profit (loss) brought forward from the previous period14P€23k€49k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Manypré, Corroy 21325 Chaumont-GistouxGround area
1,551 m²
Building footprint
193 m²
Volume, LiDAR
1,309 m³
2 parcels, Brussels, Wallonia · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BILLY TIMES
since 20202.306.335.247
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021F0236/00H002 | Wallonia | 1,432 m² | 1 · 91 m² | 9.7 m · 1 fl. |
| 21818A0003/00Z047 | Brussels | 118 m² | 1 · 101 m² | 14.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
APLEONA BELGIUM
BE 0847.747.732
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FMA Group
BE 1010.103.362
Destelbergen · Eq €58,824
HELA-CLEANING
BE 0744.940.895
Olen · Eq €58,379
VKTECH
BE 0760.897.197
Kortenberg · Eq €59,031
Algemene gevelrenovatie en voegwerken Fannes-De Wit
BE 0894.667.127
Haacht · Eq €58,280
Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 2,012 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.