Equity
€120,472 ▼ 9.6%
Justtime paid out €19,500 in dividends. That is 290% of the 2025 profit.
Justtime
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €47,329 (2018)
€19,623▲ 293%
lowest -€4,838 (2008)
€6,726▲ €9,031
peak €135,551 (2023)
€120,472▼ 9.6%
€51,260▲ 215%
peak 1.1 FTE (2006)
-not published
Board2 names since 1991
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €4,989 to €19,623Back to profit: €6,726Dividend €19,500Debts from €16,250 to €51,260
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,035 companies had the same profile as Justtime has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% 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.
| 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 17,035 companies, not a prediction for Justtime. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446943633
Company renamed from J. PAUWELS to Justtime
Appointment: (director) · “Het beheer van een eigen onroerend vermogen, omvattend: het aanleggen, het oordeelkundig uitbouwen en beheren…” (deed in Dutch) · General meeting of 14-12-2023 · Gazette deed
Registered office moved from Kortrijk to Ghent
New registered office: Charles Andrieslaan 1 te 9000 Gent · Previous registered office: Conservatoriumplein 18 te 8500 Kortrijk · Resignation: (manager) · Gazette deed
First establishment
Charles Andrieslaan 1, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Justtime Ghent | €171,732 | €19,623 | 70.2% | - |
| CHRISTOFELLI Ghent | €156,067 | €27,498 | 61.5% | - |
| DRUKKERIJ GRAFICO Vosselaar | €163,901 | €14,145 | 80.1% | - |
| B & B JUWELEN Maaseik | €227,446 | €23,957 | 49.6% | - |
| PACO OR JEWELS Scherpenheuvel-Zichem | €185,089 | €36,999 | 95.7% | - |
| SUCHOWOLSKI Antwerp | €221,340 | €32,824 | 94.3% | - |
| ROCH Genk | €120,122 | €12,910 | 22.3% | - |
These companies have the same main activity as Justtime: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €120,000 and €227,000, founded between 1984 and 1998.
Official details
Source: KBO- Status
- Active since 24-03-1992Normal situation
- Activity
- Wholesale tradeNACE 46480and 1 other
- Establishment unit
- 2.056.984.4739000 Ghent, since 09-04-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Insights on Justtime
Justtime files the micro format. That format states no turnover. The gross margin fell from €29,640 in 2006 to €19,623 in 2025.
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 Justtime
- What is the company number of Justtime?
- The company number of Justtime is 0446.943.633. The VAT number is the same number with BE in front: BE 0446.943.633.
- Where is Justtime based?
- The registered office is at Charles Andrieslaan 1, 9000 Ghent.Company details
- What does Justtime do?
- According to the KBO register, the main activity is wholesale trade (NACE 46480).
- What is the legal form of Justtime?
- Justtime is a private limited company (BV).
- When was Justtime founded?
- Justtime was founded on 24-03-1992.
- Is Justtime still active?
- Yes, Justtime is an active enterprise in the KBO register.
- How many employees does Justtime have?
- Justtime 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 Justtime?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €19,623 and 41 comparable companies (NACE 464). It probably lies between €99,000 and €790,000. It is a rough estimate.
- Is Justtime profitable?
- In financial year 2025, Justtime made a profit of €6,726.
- Where can I find the annual accounts of Justtime?
- Justtime filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Justtime due?
- Justtime must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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