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FUNKYTIME

Active Public limited companyfounded 2016active for 9 yearsNinovesteenweg 198, 9320 AalstKBO/BCE: BE 0668.429.770

Lifetime

9 annual accounts with figures on one time axis
peak €48,412 (2023)
€47,155▲ 10.3%
lowest -€189,571 (2017)
-€42,779▲ €1,381
peak €381,429 (2017)
€84,918▼ 33.5%
€78,550▼ 27.5%
peak 1 FTE (2017)
-not published
Board15 names since 2016all names
3 directors and 2 others
Owners3 names in the annual accounts
32.03%
Documentsfilings and deeds
07-06-202654 days before the deadline
2025micro format
Loss of €42,779New director 18-06Equity from €127,698 to €84,918Debts from €108,332 to €78,550

Key points

from the 2025 annual accounts

Equity

€84,918 from €381,429 in 2017

Equity fell by 78% in 8 years.

Losses

-€126,901 in three years
-39,9612023-44,1602024-42,7792025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Filings

9 annual accounts 1 late
AprilJune31 JulyOctober20202025

The 2024 accounts came 12 days late. The other eight were filed on time.

Position in the sector

-€42,779

Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,592 companies had the same profile as FUNKYTIME has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,592 companies, not a prediction for FUNKYTIME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
Managing director,
Director, , since 16-05-2023
Director, , since 23-05-2024
Director
Director
  • 32.03%score equity €122,889 (2025) · 2025 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0668429770
3 directors reappointed (managing director), and · Permanent representatives: , and · General meeting of 19-05-2026 · Gazette deed
New director appointed, resigned · Permanent representatives: and · Director discharge: (director (not named in the articles)) · General meeting of 23-05-2024 · Gazette deed
Appointment: (director) Permanent representative: · General meeting of 16-05-2023 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
FUNKYTIME Aalst €163,468 €47,155 51.9% -
CRUNCHLAB Ninove €149,022 €43,393 59.9% -
feed Merelbeke-Melle €164,729 €53,481 65.2% -
LEGACY Oudenaarde €181,645 €39,762 9.8% 0
RGW IT SERVICES Kasterlee €162,606 €45,645 58.5% -
CADAIM Fontaine-l'Evêque €168,334 €53,372 36.2% -
Eight Point Squared Harelbeke €168,857 €45,908 44.9% -

These companies have the same main activity as FUNKYTIME: computer programming (NACE 62100). They are comparable in size and age: total assets between €149,000 and €182,000, founded between 2015 and 2018.

Official details

Source: KBO
Status
Active since 23-12-2016Normal situation
Registered office
54 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Computer programmingNACE 62100
Establishment unit
2.260.010.5229320 Aalst, since 23-12-2016
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€163,468▼ 30.7%
Filing
Filed on 07-06-2026, 54 days before the end of the filing period
Financials

Insights on FUNKYTIME

FUNKYTIME files the micro format. That format states no turnover. The gross margin rose from -€16,997 in 2017 to €47,155 in 2025.

In August 2026, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FUNKYTIME

What is the company number of FUNKYTIME?
The company number of FUNKYTIME is 0668.429.770. The VAT number is the same number with BE in front: BE 0668.429.770.
Where is FUNKYTIME based?
The registered office is at Ninovesteenweg 198, 9320 Aalst.Company details
What does FUNKYTIME do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of FUNKYTIME?
FUNKYTIME is a public limited company (NV).
When was FUNKYTIME founded?
FUNKYTIME was founded on 23-12-2016.
Is FUNKYTIME still active?
Yes, FUNKYTIME is an active enterprise in the KBO register.
How many employees does FUNKYTIME have?
FUNKYTIME had an average of 0.8 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of FUNKYTIME?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €47,155 and 84 comparable companies (NACE 62). It probably lies between €120,000 and €200,000.
Is FUNKYTIME profitable?
In financial year 2025, FUNKYTIME made a loss of €42,779.
Where can I find the annual accounts of FUNKYTIME?
FUNKYTIME filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FUNKYTIME due?
FUNKYTIME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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