TEMPS LIBRE
ActiveSummary
TEMPS LIBRE has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113,511 and a net result of -€3,741. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 18930 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-23
Solvency76▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.54 in 2023; short-term debt: 28.4% and cash: 0.1% of total assets), and 49.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
50.9%
Return on assets
-1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
48 d early
2021
60 d late
2020
61 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 oldest company in Welkenraedt, Accommodation and food service sector#8 company by total assets in Welkenraedt, Accommodation and food service sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,741
2023 · €10,503
Working capital
-€32,897▼ 30.5%
2023 · -€25,201
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€5,116▼ 91.7%€17,940▲ 251%€3,355▼ 81.3%€17,192▲ 413%-€316
Net result€765▼ 98.3%€13,461▲ 1,660%€578▼ 95.7%€10,503▲ 1,718%-€3,741
Equity€92,710▲ 0.8%€106,171▲ 14.5%€106,749▲ 0.5%€117,252▲ 9.8%€113,511▼ 3.2%
Total assets€236,880▼ 11.7%€216,112▼ 8.8%€207,365▼ 4.0%€235,809▲ 13.7%€222,904▼ 5.5%
Debt€144,170▼ 18.3%€109,941▼ 23.7%€100,616▼ 8.5%€118,557▲ 17.8%€109,393▼ 7.7%
Working capital-€17,040▼ 28.2%-€13,493▲ 20.8%-€16,987▼ 25.9%-€25,201▼ 48.4%-€32,897▼ 30.5%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €316 after €17,192 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222,904
Fixed assets
€192,401 ▼ 6.5%
Current assets
€30,503 ▲ 1.9%
Equity and liabilities €222,904
Equity
€113,511 ▼ 3.2%
Debt
€109,393 ▼ 7.7%
Debt's share of the balance-sheet total falls from 50.3% to 49.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13,145▼
2023 · €27,409
Cash flow
€9,720▼
2023 · €20,720
Current ratio
0.48▼
2023 · 0.54
Debt to equity
0.96▼
2023 · 1.01
ROE
-3.3%▼
2023 · 9.0%
ROA
-1.7%▼
2023 · 4.5%
Interest coverage
4.17▼
2023 · 12.13
Debt ≤ 1 year
€63,401▲
2023 · €55,148
Debt > 1 year
€45,992▼
2023 · €63,408
Income taxes
€273▼
2023 · €4,429
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,500 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,953 | €9,884 | €8,847 | €10,216 | €13,461 | ▲ 31.8% |
| Other operating charges640/8 | - | €5,311 | €5,633 | €5,191 | €5,848 | ▲ 12.7% |
| Gross operating margin9900 | €22,915 | €33,136 | €17,834 | €32,599 | €18,994 | ▼ 41.7% |
| Operating profit (loss)9901 | €5,116 | €17,940 | €3,355 | €17,192 | -€316 | ▼ 102% |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €2,977 | €1,890 | €2,260 | €3,153 | ▲ 39.5% |
| Recurring financial charges65 | €4,213 | €2,977 | €1,890 | €2,260 | €3,153 | ▲ 39.5% |
| Profit (loss) for the period before taxes9903 | €905 | €14,963 | €1,465 | €14,932 | -€3,469 | ▼ 123% |
| Income taxes67/77 | €140 | €1,502 | €887 | €4,429 | €273 | ▼ 93.8% |
| Profit (loss) for the period9904 | €765 | €13,461 | €578 | €10,503 | -€3,741 | ▼ 136% |
| Profit (loss) for the period to be appropriated9905 | €765 | €13,461 | €578 | €10,503 | -€3,741 | ▼ 136% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €236,880 | €216,112 | €207,365 | €235,809 | €222,904 | ▼ 5.5% |
| Fixed assets21/28 | €195,086 | €187,126 | €178,279 | €205,862 | €192,401 | ▼ 6.5% |
| Tangible fixed assets22/27 | €195,086 | €187,126 | €178,279 | €205,862 | €192,401 | ▼ 6.5% |
| Land and buildings22 | - | €183,251 | €177,112 | €175,550 | €169,296 | ▼ 3.6% |
| Plant, machinery and equipment23 | - | €812 | €541 | €270 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €3,063 | €627 | €30,042 | €23,105 | ▼ 23.1% |
| Current assets29/58 | €41,794 | €28,987 | €29,086 | €29,947 | €30,503 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €39,575 | €17,247 | €22,301 | €24,444 | €21,126 | ▼ 13.6% |
| Trade receivables40 | - | €2,078 | €7,947 | €7,760 | €5,726 | ▼ 26.2% |
| Other amounts receivable41 | - | €15,169 | €14,353 | €16,685 | €15,400 | ▼ 7.7% |
| Cash at bank and in hand54/58 | €0 | €9,483 | €3,894 | €2,887 | €227 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | - | €2,256 | €2,892 | €2,616 | €9,150 | ▲ 250% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €236,880 | €216,112 | €207,365 | €235,809 | €222,904 | ▼ 5.5% |
| Equity10/15 | €92,710 | €106,171 | €106,749 | €117,252 | €113,511 | ▼ 3.2% |
| Contributions10/11 | - | €57,000 | €57,000 | €57,000 | €57,000 | = |
| Revaluation surpluses12 | - | €41,420 | €41,420 | €41,420 | €41,420 | = |
| Reserves13 | €5,702 | €7,702 | €7,702 | €18,202 | €12,500 | ▼ 31.3% |
| Non-distributable reserves130/1 | - | €5,702 | €5,702 | - | - | - |
| Reserves not available under the articles1311 | - | €5,702 | €5,702 | - | - | - |
| Distributable reserves133 | - | €2,000 | €2,000 | €18,202 | €12,500 | ▼ 31.3% |
| Profit (loss) carried forward14 | -€11,412 | €50 | €627 | €631 | €2,591 | ▲ 311% |
| Amounts payable17/49 | €144,170 | €109,941 | €100,616 | €118,557 | €109,393 | ▼ 7.7% |
| Amounts payable after more than one year17 | €85,336 | €67,462 | €54,543 | €63,408 | €45,992 | ▼ 27.5% |
| Financial debts170/4 | - | €47,462 | €34,543 | €43,408 | €25,992 | ▼ 40.1% |
| Other amounts payable178/9 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Amounts payable within one year42/48 | €58,835 | €42,480 | €46,073 | €55,148 | €63,401 | ▲ 15.0% |
| Current portion of amounts payable after more than one year42 | - | €17,874 | €12,918 | €18,492 | €17,582 | ▼ 4.9% |
| Trade debts44 | €14,139 | €11,635 | €10,942 | €6,893 | €16,428 | ▲ 138% |
| Suppliers440/4 | - | €11,635 | €10,942 | €6,893 | €16,428 | ▲ 138% |
| Taxes, remuneration and social security45 | - | €10,282 | €19,525 | €27,075 | €26,502 | ▼ 2.1% |
| Taxes450/3 | - | €9,117 | €18,360 | €25,910 | €25,337 | ▼ 2.2% |
| Remuneration and social security454/9 | - | €1,165 | €1,165 | €1,165 | €1,165 | = |
| Other amounts payable47/48 | - | €2,688 | €2,688 | €2,688 | €2,888 | ▲ 7.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €765 | €13,461 | €578 | €10,503 | -€3,741 | ▼ 136% |
| + Depreciation and write-downs630 | €13,953 | €9,884 | €8,847 | €10,216 | €13,461 | ▲ 31.8% |
| Operating cash flow (approximation) | €14,718 | €23,345 | €9,424 | €20,720 | €9,720 | ▼ 53.1% |
| Investment in fixed assets (approximation) | - | -€1,924 | €0 | -€37,799 | €0 | ▲ 100% |
| Change in cash | - | €9,483 | -€5,589 | -€1,007 | -€2,660 | ▼ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€3,741
Net result drops to -€3,741, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Equity above €100,000Eq €106,171 ▲14.5%
3 profitable years in a row build equity to €106,171.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Back to profitnet €43,922
Net result €43,922 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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.
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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, Welkenraedt · 1 establishment unit since 1976
Ground area
304 m²
Building footprint
61 m²
Volume, LiDAR
719 m³
Parcel 63084A0233/00E003, Wallonia · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Temps Libre sprl
since 19762.038.179.143
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0233/00E003 | Wallonia | 304 m² | 1 · 60 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWelkenraedt2.038.179.143
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 7,650 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-11-1976
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
manu@houet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416512753
Also
9925:BE0416512753
Registered
16-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.