BREAK OUT TIME
The computed 12-month bankruptcy probability of BREAK OUT TIME is 1.0% (low). The 2024 annual accounts show equity of €198k and a net result of €104k. Equity is growing by ~82.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 787 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €198k |
| Net result | €104k |
| Staff (FTE) | 3.7 |
| Better than sector | 55% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.2% | 20.2% | |
| Net result | €104k | €2k | |
| Equity | €198k | €19k | |
| Gross operating margin | €382k | €24k | |
| Staff costs | €142k | €21k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €236k |
| Net profit | €104k |
| Cash flow | €204k |
| Staff costs | €142k |
| Income taxes | €15k |
| Dividends | €0 |
| Total assets | €788k |
| Equity | €198k |
| Debt | €590k |
| of which ≤ 1y | €178k |
| of which > 1y | €397k |
| Working capital | €-10k |
| Employees (FTE) | 3.7 |
| 2024 | |
|---|---|
| Current ratio | 0.94 |
| Quick ratio | 0.88 |
| Working capital ratio | -1.3% |
| Solvency | 25.2% |
| Debt / equity | 2.97 |
| Long-term debt ratio | 2.00 |
| Interest coverage | 13.27 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.2% |
| ROE | 52.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €788k |
| Fixed assets | 21/28 | €616k |
| Formation expenses | 20 | €5k |
| Intangible fixed assets | 21 | €41k |
| Tangible fixed assets | 22/27 | €575k |
| Current assets | 29/58 | €167k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €83k |
| Cash & bank | 54/58 | €48k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €788k |
| Equity | 10/15 | €198k |
| Contributions / capital | 10/11 | €70k |
| Accumulated profits (losses) | 14 | €128k |
| Amounts payable | 17/49 | €590k |
| Amounts payable after one year | 17 | €397k |
| Amounts payable within one year | 42/48 | €178k |
| Trade debts payable within one year | 44 | €43k |
| Income statement | ||
| Gross operating margin | 9900 | €382k |
| Operating result | 9901 | €136k |
| Financial income | 75 | €750 |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €119k |
| Income taxes | 67/77 | €15k |
| Net result for the period | 9904 | €104k |
| Result to be appropriated | 9905 | €104k |
| NACE primary | 93293 |
| Legal form | Private limited company(610) |
| Incorporation | 25-06-2021 |
| Status | Active |
| Postal code | 4470 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065C0345/00M002 | Wallonia | 1,932 m² | 1 · 1,042 m² | 10.2 m · 3 fl. |
| 63049B0375/00T002 | Wallonia | 588 m² | 1 · 87 m² | 11.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-10-2022 Capital increase of €20,000 to €70,000
- €50.000 → €70.000
- Inbreng in geld · Apport en numéraire
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BREAK OUT TIME |