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Special Time Services

Active
Private limited company (pre-2019)founded 199629 yrs activeNieuwstraat 21, 3511 Hasselt, BelgiumKBO/BCE: BE 0458.999.446

Special Time Services has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 15% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
48 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-4
Solvency36▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
10.6%
Return on assets
-3.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 17022 sector peers (2025).
NBB · sector comparison
Position among 17022 sector peers
Solvency
better than 15%
← weakest strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
25 d late
2023
9 d late
2022
25 d late
2021
25 d late
2020
30 d late
2019
88 d late
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k▼ 24.1%
2024 · €11k
2018: €12k 2019: €9k 2020: €10k 2021: €16k 2022: €6k 2023: €12k 2024: €11k
2018 → 2025
Total assets
€81k▼ 14.9%
2024 · €95k
2018: €108k 2019: €103k 2020: €104k 2021: €98k 2022: €100k 2023: €98k 2024: €95k
2018 → 2025
Net result
€-3k▼ 175%
2024 · €-994
2018: €3k 2019: €-3k 2020: €930 2021: €6k 2022: €-10k 2023: €6k 2024: €-994
2018 → 2025
Working capital
€-64k▲ 8.7%
2024 · €-71k
2018: €-85k 2019: €-84k 2020: €-65k 2021: €-60k 2022: €-75k 2023: €-74k 2024: €-71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€16k-€6k▼ 62.6%€12k▲ 106%€11k▼ 8.1%€9k▼ 24.1%
Operating result€12k-€-5k€11k€4k▼ 63.2%€571▼ 86.5%
Net result€6k-€-10k€6k€-994€-3k▼ 175%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €12k€12kNet result 2021: €6k€6kOperating result 2022: €-5k€-5kNet result 2022: €-10k€-10kOperating result 2023: €11k€11kNet result 2023: €6k€6kOperating result 2024: €4k€4kNet result 2024: €-994€-994Operating result 2025: €571€571Net result 2025: €-3k€-3k20212022202320242025
The operating result has fallen two years in a row; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets €75k▼ 10.6%
Current assets €6k▼ 47.3%
Equity and liabilities €81k
Equity €9k▼ 24.1%
Debt €73k▼ 13.7%
The debt ratio rises from 88.1% to 89.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7k
2024 · €12k
Cash flow
€4k
2024 · €6k
Solvency
10.6%
2024 · 11.9%
Current ratio
0.08
2024 · 0.14
Quick ratio
0.06
2024 · 0.10
Debt / equity
8.44
2024 · 7.42
ROE
-31.7%
2024 · -8.8%
ROA
-3.4%
2024 · -1.0%
Interest coverage
2.34
2024 · 2.50
Debt
€73k
2024 · €84k
Debt ≤ 1 year
€70k
2024 · €82k
Debt > 1 year
€2k=
2024 · €2k
Income taxes
€218
2024 · €540
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€95k€81k
Fixed assets21/28€84k€75k
Tangible fixed assets22/27€83k€74k
Land and buildings22€78k€73k
Furniture and vehicles24€5k€2k
Financial fixed assets28€868€868=
Current assets29/58€11k€6k
Stocks and contracts in progress3€3k€2k
Stocks30/36€3k€2k
Amounts receivable within one year40/41€5k€3k
Trade receivables40€5k€3k
Other amounts receivable41-€11
Cash at bank and in hand54/58€3k€762
Deferred charges and accrued income490/1€783€428
Equity and liabilities
Total equity and liabilities10/49€95k€81k
Equity10/15€11k€9k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-9k€-12k
Amounts payable17/49€84k€73k
Amounts payable after more than one year17€2k€2k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€82k€70k
Current portion of amounts payable after more than one year42€3k€0
Financial debts43€27k€18k
Credit institutions430/8€27k€18k
Trade debts44€10k€3k
Suppliers440/4€10k€3k
Advances received on contracts in progress46€6k€6k=
Taxes, remuneration and social security45€31k€2k
Taxes450/3€4k€2k
Remuneration and social security454/9€27k€0
Other amounts payable47/48€4k€41k
Accrued charges and deferred income492/3€62€62=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45
Other operating charges640/8€2k€2k
Non-recurring operating charges66A-€890
Gross operating margin9900€14k€10k
Operating profit (loss)9901€4k€571
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€-454€-3k
Income taxes67/77€540€218
Profit (loss) for the period9904€-994€-3k
Profit (loss) for the period to be appropriated9905€-994€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-12k
Profit (loss) brought forward from the previous period14P€-8k€-9k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
09-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Weakest financial yearnet €-10k ▼274%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €930
Net result €930 after one loss-making year.
27-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
302 m²
Building footprint
130 m²
Volume, LiDAR
717 m³
Parcel 71032B0540/00A003, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S.T.S.
Nieuwstraat 21, 3511 HasseltAir transport
since 19962.078.772.158
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71032B0540/00A003 Flanders 302 m² 1 · 130 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 4,085 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-1996
Fiscal year end31-12
Legal name NL STANDALONE TIME SYSTEMS
Abbreviation NL STS
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.