FUNKYTIME
ActiveSummary
FUNKYTIME has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,918 and a net result of -€42,779. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50=
Solvency77▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.07 in 2024; short-term debt: 20.8% and cash: 14.4% of total assets), and 48.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
51.9%
Return on assets
-26.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€42,779
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-06-2026, 54 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
54 d early
2024
12 d late
2023
on the day
2022
on the day
2021
44 d early
2020
45 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€84,918▼ 33.5%
2024 · €127,698
Total assets
€163,468▼ 30.7%
2024 · €236,030
Net result
-€42,779▲ 3.1%
2024 · -€44,160
Working capital
-€2,892
2024 · €2,836
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€54,199▲ 50.7%€4,058-€36,699-€42,504▼ 15.8%-€38,135▲ 10.3%
Net result-€62,706▲ 49.4%€747-€39,961-€44,160▼ 10.5%-€42,779▲ 3.1%
Equity€211,072▼ 22.9%€211,819▲ 0.4%€171,858▼ 18.9%€127,698▼ 25.7%€84,918▼ 33.5%
Total assets€467,504▼ 14.3%€372,707▼ 20.3%€298,116▼ 20.0%€236,030▼ 20.8%€163,468▼ 30.7%
Debt€190,920▼ 7.7%€160,888▼ 15.7%€126,258▼ 21.5%€108,332▼ 14.2%€78,550▼ 27.5%
Working capital-€5,659-€15,476▼ 173%-€8,381▲ 45.8%€2,836-€2,892
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38,135 in 2025 against €42,504 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,468
Fixed assets
€132,351 ▼ 31.1%
Current assets
€31,117 ▼ 29.2%
Equity and liabilities €163,468
Equity
€84,918 ▼ 33.5%
Debt
€78,550 ▼ 27.5%
Debt's share of the balance-sheet total rises from 45.9% to 48.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46,611▲
2024 · €42,218
Cash flow
€41,967▲
2024 · €40,562
Current ratio
0.91▼
2024 · 1.07
Debt to equity
0.93▲
2024 · 0.85
ROE
-50.4%▼
2024 · -34.6%
ROA
-26.2%▼
2024 · -18.7%
Interest coverage
9.77▼
2024 · 25.49
Debt ≤ 1 year
€34,009▼
2024 · €41,096
Debt > 1 year
€25,000▼
2024 · €52,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.3%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,595 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,985 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83,393 | €84,090 | €84,595 | €84,723 | €84,746 | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €708 | -€65,512 | €0 | - | - | - |
| Other operating charges640/8 | €468 | €469 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €30,370 | €23,105 | €48,412 | €42,746 | €47,155 | ▲ 10.3% |
| Operating profit (loss)9901 | -€54,199 | €4,058 | -€36,699 | -€42,504 | -€38,135 | ▲ 10.3% |
| Financial income75/76B | €242 | - | - | - | €126 | - |
| Recurring financial income75 | €242 | - | - | - | €126 | - |
| Financial charges65/66B | €8,750 | €3,311 | €3,262 | €1,656 | €4,771 | ▲ 188% |
| Recurring financial charges65 | €8,750 | €3,311 | €3,262 | €1,656 | €4,771 | ▲ 188% |
| Profit (loss) for the period before taxes9903 | -€62,706 | €747 | -€39,961 | -€44,160 | -€42,779 | ▲ 3.1% |
| Profit (loss) for the period9904 | -€62,706 | €747 | -€39,961 | -€44,160 | -€42,779 | ▲ 3.1% |
| Profit (loss) for the period to be appropriated9905 | -€62,706 | €747 | -€39,961 | -€44,160 | -€42,779 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €467,504 | €372,707 | €298,116 | €236,030 | €163,468 | ▼ 30.7% |
| Fixed assets21/28 | €438,757 | €355,190 | €275,297 | €192,097 | €132,351 | ▼ 31.1% |
| Intangible fixed assets21 | €438,757 | €355,190 | €275,297 | €192,097 | €107,351 | ▼ 44.1% |
| Financial fixed assets28 | - | - | - | - | €25,000 | - |
| Current assets29/58 | €28,748 | €17,517 | €22,819 | €43,933 | €31,117 | ▼ 29.2% |
| Amounts receivable within one year40/41 | €19,779 | €9,873 | €9,144 | €18,035 | €6,624 | ▼ 63.3% |
| Trade receivables40 | €19,779 | €9,873 | €9,144 | €18,035 | €5,310 | ▼ 70.6% |
| Other amounts receivable41 | - | - | - | - | €1,314 | - |
| Cash at bank and in hand54/58 | €8,555 | €5,243 | €12,776 | €25,660 | €23,533 | ▼ 8.3% |
| Deferred charges and accrued income490/1 | €413 | €2,401 | €899 | €237 | €960 | ▲ 304% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €467,504 | €372,707 | €298,116 | €236,030 | €163,468 | ▼ 30.7% |
| Equity10/15 | €211,072 | €211,819 | €171,858 | €127,698 | €84,918 | ▼ 33.5% |
| Contributions10/11 | €748,242 | €748,242 | €748,242 | €748,242 | €748,242 | = |
| Capital10 | €705,900 | €705,900 | €705,900 | €705,900 | €705,900 | = |
| Issued capital100 | €705,900 | €705,900 | €705,900 | €705,900 | €705,900 | = |
| Outside capital11 | €42,342 | €42,342 | €42,342 | €42,342 | €42,342 | = |
| Share premium1100/10 | €42,342 | €42,342 | €42,342 | €42,342 | €42,342 | = |
| Reserves13 | €1,297 | €1,297 | €1,297 | €1,297 | €1,297 | = |
| Tax-exempt reserves132 | €1,297 | €1,297 | €1,297 | €1,297 | €1,297 | = |
| Profit (loss) carried forward14 | -€538,467 | -€537,720 | -€577,681 | -€621,842 | -€664,621 | ▼ 6.9% |
| Provisions and deferred taxes16 | €65,512 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €65,512 | - | - | - | - | - |
| Other liabilities and charges164/5 | €65,512 | - | - | - | - | - |
| Amounts payable17/49 | €190,920 | €160,888 | €126,258 | €108,332 | €78,550 | ▼ 27.5% |
| Amounts payable after more than one year17 | €133,933 | €107,407 | €80,415 | €52,949 | €25,000 | ▼ 52.8% |
| Financial debts170/4 | €133,933 | €107,407 | €80,415 | €52,949 | €25,000 | ▼ 52.8% |
| Amounts payable within one year42/48 | €34,407 | €32,993 | €31,200 | €41,096 | €34,009 | ▼ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €27,949 | - |
| Financial debts43 | €26,067 | €26,526 | €26,992 | €27,466 | - | - |
| Other loans439 | €26,067 | €26,526 | €26,992 | €27,466 | - | - |
| Trade debts44 | €5,178 | €3,154 | €1,369 | €1,031 | €4,194 | ▲ 307% |
| Suppliers440/4 | €5,178 | €3,154 | €1,369 | €1,031 | €4,194 | ▲ 307% |
| Advances received on contracts in progress46 | - | - | - | €11,515 | - | - |
| Taxes, remuneration and social security45 | €3,162 | €3,314 | €2,839 | €1,084 | €1,866 | ▲ 72.1% |
| Taxes450/3 | €3,162 | €3,314 | €2,839 | €1,084 | €1,866 | ▲ 72.1% |
| Accrued charges and deferred income492/3 | €22,581 | €20,488 | €14,643 | €14,287 | €19,541 | ▲ 36.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,706 | €747 | -€39,961 | -€44,160 | -€42,779 | ▲ 3.1% |
| + Depreciation and write-downs630 | €83,393 | €84,090 | €84,595 | €84,723 | €84,746 | = |
| Operating cash flow (approximation) | €20,687 | €84,837 | €44,633 | €40,562 | €41,967 | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | -€523 | -€4,702 | -€1,523 | -€25,000 | ▼ 1,542% |
| Change in cash | - | -€3,312 | €7,533 | €12,884 | -€2,127 | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Reappointments: BemanoBV, ImpactBuildersFinancialsAG and FunkyDevelopmentBVPermanent representatives: DeBackerOve, LagastJan and DebonnetJoris9 facts ▸
State Gazette act
Reappointments: BemanoBV, ImpactBuildersFinancialsAG and FunkyDevelopmentBV
Permanent representatives: DeBackerOve, LagastJan and DebonnetJoris9 facts ▸
- General meeting, 19-05-2026
- Director reappointment, BemanoBV (director)
- Permanent representative, DeBackerOve (vastevertegenwoordiger)
- Director reappointment, ImpactBuildersFinancialsAG (director)
- Permanent representative, LagastJan (vastevertegenwoordiger)
- Director reappointment, FunkyDevelopmentBV (director)
- Permanent representative, DebonnetJoris (vastevertegenwoordiger)
- Board meeting, raadvanbestuur
- Director reappointment, BemanoBV (gedelegeerdbestuurder)
07-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €747
Net result €747 after 4 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€123,974
Net result drops to -€123,974, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.47
Current ratio from 0.59 to 1.47; short-term debt falls from €61,984 to €26,072.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, 1 in day-to-day management
Board 2
FunkyDevelopmentBV
CurrentDirector · Legal entity · from a recent act
ImpactBuildersFinancialsAG
CurrentDirector · Legal entity · from a recent act
Day-to-day management 1
BemanoBV
CurrentGedelegeerdbestuurder · Legal entity · perm. rep.: DeBackerOve
Permanent representatives 1
DeBackerOve
CurrentPermanent representative · for BemanoBV
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2016
Ground area
3,791 m²
Building footprint
1,152 m²
Volume, LiDAR
12,635 m³
Parcel 41342B0950/00K002, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
51
companies at this address
See who is registered here
1 establishment unit
FUNKYTIME
since 20162.260.010.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0950/00K002 | Flanders | 3,791 m² | 1 · 1,152 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| FunkyDevelopmentBVfrom an act |
|
| ImpactBuildersFinancialsAGfrom an act |
|
| BemanoBV |
|
Articles of association
Board rule
Bestuurders, 6
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
32.03%
Holdings 1
- FynkyWorks OÜEEsubsidiarySourceown accounts 2025100%
According to the 2025 annual accounts of FUNKYTIME and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,957 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0668429770
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.