Turnover
≈ €98,000 estimated
The micro format states no turnover.
SAVE TIME
Overview
Lifetime
1 annual account with figurespeak €28,138 (2025)
€28,138
peak €18,971 (2025)
€18,971
peak €19,471 (2025)
€19,471
€5,419
Board1 name since 2024
1 directorFELLAKI Kamal
Documentsfilings and deeds
28-08-202628 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€500 100 shares
Position in the sector
78.2%
Higher solvency than 85% of companies in land transport. Sector median 37.7% · 5,946 companies.
2025 accounts filed 28 days after the deadline
Checked score
52
Fair
Financially stronger than 76% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.6%
11-2025: 3.7%▲ +0.1 percentage points vs 10-2025
12-2025: 3.8%▲ +0.1 percentage points vs 11-2025
01-2026: 4.2%▲ +0.4 percentage points vs 12-2025
02-2026: 4.2%● unchanged vs 01-2026
03-2026: 4.6%▲ +0.4 percentage points vs 02-2026
04-2026: 5.0%▲ +0.4 percentage points vs 03-2026
05-2026: 5.0%● unchanged vs 04-2026
06-2026: 4.8%▼ -0.2 percentage points vs 05-2026
07-2026: 4.8%● unchanged vs 06-2026
08-2026: 5.1%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 3.3%▼ -1.8 percentage points vs 08-2026
10-2026: 3.2%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 3.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €24,890
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Equity €19,471 (78.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 92% of them on solvency, 42% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as SAVE TIME has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SAVE TIME itself is higher: 3.2% within 12 months. It rests on far more data about SAVE TIME than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for SAVE TIME. 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 of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.99, above the usual 1.5. Short-term debt is 21.8% and cash 0.6% of total assets. 21.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013457879
Incorporation
Founding capital of €500, 100 shares · Founder: FELLAKI Kamal · Appointment: FELLAKI Kamal (director) · published on 13-09-2024 · Gazette deed
First establishment
Jagersdal 134, Sint-Pieters-Leeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAVE TIME Sint-Pieters-Leeuw | €24,890 | €28,138 | 78.2% | - |
| FEJO TRANS Bekkevoort | €27,679 | €23,598 | 42.7% | - |
| BASRHA Group Chaudfontaine | €29,532 | €30,992 | 18.1% | - |
| MBK Transport Sint-Pieters-Leeuw | €33,482 | €31,610 | 32.5% | - |
| MELYAK Grimbergen | €30,960 | €20,169 | 75.2% | - |
| MED DELIVERY Zaventem | €22,105 | €21,681 | 14.0% | - |
| BEJ LOG Vilvoorde | €28,535 | €18,112 | 58.2% | - |
These companies have the same main activity as SAVE TIME: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €22,100 and €33,500, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-09-2024Normal situation
- Activity
- Freight transport by roadNACE 49410and 3 others
- Establishment unit
- 2.365.737.1561600 Sint-Pieters-Leeuw, since 11-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 25-09-2025
Insights on SAVE TIME
The computed 12-month bankruptcy probability of SAVE TIME is 3.2% (moderate). The 2025 annual accounts show equity of €19,471 and a net result of €18,971.
Its solvency ranks better than 86% of 5,946 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days late€28,138
€19,102
€18,971
€10,798
78.2%
2.99
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €98,000. Estimated: probably between €73,000 and €150,000.
Balance sheet
balance sheet total €24,890 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
78.2%
Higher than 86% of 5,946 companies in 2025.
2.99
Higher than 80% of 5,700 companies in 2025.
76.2%
Higher than 95% of 5,763 companies in 2025.
SAVE TIME
Middle half of the sector
80% of the sector
Micro accounts in land transport (NACE 49)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
24,890 | |
21/28 |
8,673 | |
22/27 |
8,673 | |
24 |
8,673 | |
29/58 |
16,217 | |
40/41 |
16,067 | |
40 |
14,902 | |
41 |
1,166 | |
54/58 |
150 | |
| Balance sheet: equity and liabilities | ||
10/49 |
24,890 | |
10/15 |
19,471 | |
10/11 |
500 | |
14 |
18,971 | |
17/49 |
5,419 | |
42/48 |
5,419 | |
44 |
5,419 | |
440/4 |
5,419 | |
| Income statement | ||
9900 |
28,138 | |
62 |
4,673 | |
630 |
1,818 | |
640/8 |
2,545 | |
9901 |
19,102 | |
65/66B |
131 | |
65 |
131 | |
9903 |
18,971 | |
9904 |
18,971 | |
9905 |
18,971 | |
| Appropriation of the result | ||
9906 |
18,971 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00445005.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00445005 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 20,921 | ||
| 20,789 | ||
| 10,491 | ||
| 10,798 | ||
| 78.2% | ||
| 2.99 | ||
| 0.28 | ||
| 97.4% | ||
| 76.2% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €10,491 |
| €1,818 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on SAVE TIME
Debt's share of the balance-sheet total is 21.8%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-09-2024
Mandates through the years
1 name, the dashed line is todayFELLAKI Kamal
Director
Director
Board
Mandates as a list
- FELLAKI Kamal
- Director, appointed by deed of 13-09-2024, still in office
Control
Capital
- Contribution
- €500
- Shares
- 100
- Contribution per share
- €5
- Equity per share
- €195 in 2025
- Source
- deed of 13-09-2024
Articles of association
deed of 13-09-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 13-09-2024 ↗
- FELLAKI Kamal 100 shares (100%) · €500 in cash
Network & group
No group
SAVE TIME has no parent and no holdings in its annual accounts. FELLAKI Kamal is the only director. SAVE TIME shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1013457879
2024
IncorporationFounding capital of €500, 100 shares · Founder: FELLAKI Kamal · Appointment: FELLAKI Kamal (director) · published on 13-09-20246 points ▸
- Founder, FELLAKI Kamal
- Founding capital, €500, 100 shares
- FELLAKI Kamal holds all the shares
- Registered office clause, Jagersdal 134, 1600 Sint-Pieters-Leeuw
- Board rule, 1
- Director appointment, FELLAKI Kamal
- The deed holds 3 more points.
First establishment Jagersdal 134, Sint-Pieters-Leeuw
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1013.457.879
- VAT number
- BE 1013.457.879
- Peppol ID
- 0208:1013457879
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-09-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 13-09-2024 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”deed of 13-09-2024 (in Dutch)
- Peppol
- Reachable since 25-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SAVE TIME in Dutch
- Name in the Peppol Directory
- 0003-SAVE TIME
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-09-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 13-09-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
49410
Freight transport by road main activity
52250
Logistics services
Social security (RSZ) activities
49410
Freight transport by road main activity
Codes under NACEBEL 2008
52290
Warehousing and support activities for transportation
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Over het algemeen mag de vennootschap, onder voorbehoud van wettelijke beperkingen, overal en op alle wijze die haar het meest geschikt…”deed of 13-09-2024 (in Dutch)
15 activities
- Over het algemeen mag de vennootschap, onder voorbehoud van wettelijke beperkingen, overal en op alle wijze die haar het meest geschikt lijken alle handelingen van commerciële, industriële, financiële, roerende of onroerende aard stellen die rechtstreeks of onrechtstreeks verband houden met het geheel of een gedeelte van haar maatschappelijk doel of die de verwezenlijking van dat maatschappelijke doel of die de verwezenlijking van dat maatschappelijke doel kunnen bevorderen of ontwikkelen.
- Zij kan met name door middel van inbreng, fusie, inschrijving, financiële bijdrage of op elke andere belangstelling betonen voor elke vennootschap of onderneming in België of in het buitenland die geheel of die geheel of gedeeltelijk een gelijkaardig of verwant doel nastreeft of die in staat is er de uitbreiding en de ontwikkeling van te bevorderen.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
- Pakjesvervoer.
- Coaching - opleidingen in het algemeen.
- Management.
- RV08 85510 Sport- en vrijetijdsonderwijs
- RV08 85599 Andere vormen van onderwijs
- RV08 96099 Overige persoonlijke diensten
- IT-diensten (webontwikkeling, het maken van websites, enz.)
- Carrosseriebouw, plaatijzerindustrie, garage met herstelatelier en groot- en kleinhandel in nieuwe voertuigen en occasies, afbraakatelier, onderhoud en takeldienst evenals de aankoop, verkoop, import, export en/of detailverkoop van nieuwe auto-onderdelen en tweedehandsautoonderdelen, alle soorten voertuigen, en alle bijhorigheden voor auto's; voertuigen zowel nieuw als tweedehands.
- Alle algemene handelingen kunnen uitvoeren die direct of indirect verband houden met de handel, de productie, de verhuur, de aankoop, verkoop in groot of kleinhandel, vertegenwoordiging, distributie, diensten, verpakkingen, makelaardij, import en export, voor eigen rekening of voor rekening van een derde, internationaal transport van goederen en van personen, voor eigen rekening en voor rekening van een derde.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Jagersdal 134 registered office 1600 Sint-Pieters-Leeuw | 11-09-2024 | 2.365.737.156 |
Buildings and parcels at the address
- Ground area
- 539 m²
- Buildings
- 104 m²
- Volume, LiDAR
- 78 m³
- Tallest building
- 7.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23077B0488/00P000 | 539 m² | 1 · 104 m² | 7.1 m |
Recognitions
Parcel delivery
Notified to the BIPT
Contact
E-mail
contact@save-time.be
Phone
+32 471 02 20 04