THE TIME
ActiveTHE TIME has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €23k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 2.24 in 2024), and 34.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.6%
Return on assets
13.2%
Age of the figures
8 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
36 d early
2023
22 d early
2022
12 d early
2021
20 d early
2020
30 d late
2019
9 d early
← 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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▲ 25.1%
2024 · €90k
2018: €32k
2019: €32k
2020: €38k
2021: €45k
2022: €46k
2023: €64k
2024: €90k
2018 → 2025
Total assets
€172k▲ 9.4%
2024 · €157k
2018: €177k
2019: €166k
2020: €157k
2021: €172k
2022: €141k
2023: €159k
2024: €157k
2018 → 2025
Net result
€23k▼ 12.9%
2024 · €26k
2018: €342
2019: €90
2020: €7k
2021: €6k
2022: €1k
2023: €18k
2024: €26k
2018 → 2025
Working capital
€86k▲ 6.7%
2024 · €80k
2018: €41k
2019: €28k
2020: €35k
2021: €27k
2022: €29k
2023: €54k
2024: €80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€46k▲ 2.5%€64k▲ 39.5%€90k▲ 40.4%€113k▲ 25.1%
Operating result€13k-€6k▼ 52.6%€29k▲ 386%€41k▲ 43.7%€36k▼ 13.5%
Net result€6k-€1k▼ 82.6%€18k▲ 1,528%€26k▲ 42.8%€23k▼ 12.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€28k▲ 134%
Current assets
€144k▼ 0.7%
Equity and liabilities €172k
Equity
€113k▲ 25.1%
Debt
€59k▼ 11.7%
The debt ratio falls from 42.6% to 34.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▼
2024 · €45k
Cash flow
€29k▲
2024 · €29k
Solvency
65.6%▲
2024 · 57.4%
Current ratio
2.46▲
2024 · 2.24
Quick ratio
1.03▼
2024 · 1.10
Debt / equity
0.52▼
2024 · 0.74
ROE
20.1%▼
2024 · 28.8%
ROA
13.2%▼
2024 · 16.5%
Interest coverage
7.29▲
2024 · 7.14
Debt
€59k▼
2024 · €67k
Debt ≤ 1 year
€58k▼
2024 · €65k
Income taxes
€9k▼
2024 · €10k
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€157k€172k▲
Fixed assets21/28€12k€28k▲
Tangible fixed assets22/27€12k€27k▲
Plant, machinery and equipment23€286€6k▲
Furniture and vehicles24€2k€14k▲
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€190€190=
Current assets29/58€145k€144k▼
Stocks and contracts in progress3€73k€84k▲
Stocks30/36€73k€84k▲
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€8k€5k▼
Other amounts receivable41€466-
Cash at bank and in hand54/58€62k€55k▼
Deferred charges and accrued income490/1€1k€463▼
Equity and liabilities
Total equity and liabilities10/49€157k€172k▲
Equity10/15€90k€113k▲
Contributions10/11€19k€19k=
Reserves13€71k€94k▲
Distributable reserves133€71k€94k▲
Amounts payable17/49€67k€59k▼
Amounts payable within one year42/48€65k€58k▼
Financial debts43€27k€15k▼
Other loans439€27k€15k▼
Trade debts44€19k€7k▼
Suppliers440/4€19k€7k▼
Taxes, remuneration and social security45€11k€23k▲
Taxes450/3€11k€16k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€7k€13k▲
Accrued charges and deferred income492/3€2k€619▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-11k€-5k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€38k€44k▲
Operating profit (loss)9901€41k€36k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€36k€31k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€26k€23k▼
Profit (loss) for the period to be appropriated9905€26k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€23k▼
Transfer to equity691/2€26k€23k▼
To other reserves6921€26k€23k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €113k ▲25.1%
8 profitable years in a row build equity to €113k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €26k ▲42.8%
Operating result €41k, net result €26k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €90 ▼73.7%
Net result drops to €90, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
DILLES Eric Jozef Maria
CurrentDirector · since 13-09-2024
13-09-2024
Appointed as Director
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Volksstraat 242830 WillebroekGround area
137 m²
Building footprint
78 m²
Volume, LiDAR
506 m³
Parcel 12040A0063/00Z000, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Puzzelman
since 19992.064.172.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0063/00Z000 | Flanders | 137 m² | 1 · 77 m² | 9.6 m · 3 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
SLANTED MEDIA
BE 0552.563.369
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DE HOOGSTRAATSE PERS
BE 0419.121.756
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UITGEVERIJ DE KEMPENAER
BE 0478.362.230
Baarle-Hertog · Eq €105k
SAMORI MEDIA CONNECTION
BE 0828.463.835
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H2Omax
BE 0685.801.678
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Of 151 companies in sector 58120 we hold annual accounts for 70. 42 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-1993
Fiscal year end31-12
Activities, NACEBEL
58130Publishing activities
58120Publishing activities
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.