Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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Board and ownership
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Managing director, Hidden nameVisible after signing in
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Managing director, Name hiddenVisible after signing in
Hidden nameVisible after signing in
Director, Name after signing inVisible after signing in, since 16-05-2023
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Director, Hidden nameVisible after signing in, since 23-05-2024
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Director
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Director
Hidden nameVisible after signing in 32.03%score XXVisible after signing inequity €122,889 (2025) · 2025 annual accounts of Name hiddenVisible after signing in
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668429770
3 directors reappointedName after signing inVisible after signing in (managing director), Name hiddenVisible after signing in and Hidden nameVisible after signing in · Permanent representatives: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · General meeting of 19-05-2026 · Gazette deed
New directorName after signing inVisible after signing in appointed, Name hiddenVisible after signing in resigned · Permanent representatives: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Director discharge: Name hiddenVisible after signing in (director (not named in the articles)) · General meeting of 23-05-2024 · Gazette deed
Appointment: Hidden nameVisible after signing in (director)
Permanent representative: Name after signing inVisible after signing in · General meeting of 16-05-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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