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TIME

Active
Private limited companyfounded 2000active for 26 yearsWaterkasteellaan 15, 8421 De Haan, BelgiumKBO/BCE: BE 0471.405.944

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TIME has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200,345 and a net result of €24,746. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 54% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

KBO
Status
Active since 10-03-2000 Normal situation
Legal form
Private limited company
Registered office
Waterkasteellaan 15, 8421 De Haan
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.099.641.808 8421 De Haan, since 03-07-2000
Financial year end
31 March
Peppol
Reachable since 30-04-2026

Who decides

Board

How it is doing

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2025
Gross margin
€57,148
▲ 10.3%
Turnover
≈ €220,000
estimated
Profit
€24,746
▲ 8.9%
Equity
€200,345
▲ 14.1%
Total assets
€397,214
▲ 39.1%
2026 accounts not filed, 1 day past the deadline
Filed on 29-10-2025PDF
Why 82raises riskFigures for financial year 2025 (filed 04-11-2025)Sector: Specialised construction activities (NACE 43)lowers riskEquity €200,345 (50.4% of total assets)Founded in 2000Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 75-12
equity 50.4% of total assets
Liquidity 61-17
short-term debt 12.7% · cash 9.7%
Profitability 77-2
return on assets 6.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.01, compared with 2.64 in 2024, below the usual 1.5; short-term debt: 12.7% and cash: 9.7% of total assets), and 49.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 55% on solvency, 58% on liquidity, 52% on profitability and 61% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2025 (filed 04-11-2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €200,345 (50.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
2 days early
2024
6 days early
2023
29 days early
2022
1 day early
2021
2 days early
2020
15 days early
← 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 9 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
31-03-2025
Filed on
29-10-2025
Format
micro format
Reference
2025-00560868
Turnover
≈ €220,000
Estimated: probably between €170,000 and €360,000
Total assets
€397,214▲ 39.1%
2024 · €285,508
Net result
€24,746▲ 8.9%
2024 · €22,714
Working capital
€702▼ 98.5%
2024 · €47,422
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 14% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€40,636 2025 Net result€24,746 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€22,253-€24,037▲ 8.0%€14,949▼ 37.8%€27,663▲ 85.0%€36,598▲ 32.3%€35,743▼ 2.3%€40,636▲ 13.7%
Net result€10,990-€12,119within the sector's middle half▲ 10.3%€7,050within the sector's middle half▼ 41.8%€15,854within the sector's middle half▲ 125%€22,645within the sector's middle half▲ 42.8%€22,714within the sector's middle half▲ 0.3%€24,746within the sector's middle half▲ 8.9%
Equity€95,218-€107,336within the sector's middle half▲ 12.7%€114,387within the sector's middle half▲ 6.6%€130,241above the sector's middle half▲ 13.9%€152,886above the sector's middle half▲ 17.4%€175,600above the sector's middle half▲ 14.9%€200,345above the sector's middle half▲ 14.1%
Total assets€268,789-€277,078within the sector's middle half▲ 3.1%€271,357within the sector's middle half▼ 2.1%€269,439within the sector's middle half▼ 0.7%€261,237within the sector's middle half▼ 3.0%€285,508within the sector's middle half▲ 9.3%€397,214above the sector's middle half▲ 39.1%
Debt€173,571-€169,742▼ 2.2%€156,970▼ 7.5%€139,198▼ 11.3%€108,351▼ 22.2%€109,908▲ 1.4%€196,868▲ 79.1%
Working capital-€9,123-€7,128within the sector's middle half€5,346within the sector's middle half▼ 25.0%€25,240within the sector's middle half▲ 372%€31,238within the sector's middle half▲ 23.8%€47,422within the sector's middle half▲ 51.8%€702below the sector's middle half▼ 98.5%
Solvency35.4%-38.7%within the sector's middle half▲ 3.3pp42.2%within the sector's middle half▲ 3.4pp48.3%within the sector's middle half▲ 6.2pp58.5%within the sector's middle half▲ 10.2pp61.5%within the sector's middle half▲ 3.0pp50.4%within the sector's middle half▼ 11.1pp
Current ratio0.63-1.25within the sector's middle half▲ 0.621.15within the sector's middle half▼ 0.102.03within the sector's middle half▲ 0.882.08within the sector's middle half▲ 0.052.64within the sector's middle half▲ 0.561.01below the sector's middle half▼ 1.62
Return on assets (ROA)4.1%-4.4%within the sector's middle half▲ 0.3pp2.6%within the sector's middle half▼ 1.8pp5.9%within the sector's middle half▲ 3.3pp8.7%within the sector's middle half▲ 2.8pp8.0%within the sector's middle half▼ 0.7pp6.2%within the sector's middle half▼ 1.7pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397,214
Fixed assets €346,094 ▲ 65.5%
Current assets €51,120 ▼ 33.1%
Equity and liabilities €397,214
Equity €200,345 ▲ 14.1%
Debt €196,868 ▲ 79.1%
Debt's share of the balance-sheet total rises from 38.5% to 49.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,923▲
2024 · €48,761
Cash flow
€38,033▲
2024 · €35,732
Debt to equity
0.98▲
2024 · 0.63
ROE
12.4%▼
2024 · 12.9%
Interest coverage
12.35▼
2024 · 13.47
Debt ≤ 1 year
€50,418▲
2024 · €28,968
Debt > 1 year
€142,050▲
2024 · €78,623
Income taxes
€11,526▲
2024 · €9,409
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,368 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 29-10-2025.

Balance sheet Code20242025
Assets
Total assets20/58€285,508€397,214▲
Fixed assets21/28€209,118€346,094▲
Tangible fixed assets22/27€209,043€346,019▲
Land and buildings22€193,717€330,782▲
Plant, machinery and equipment23€15,325€14,531▼
Furniture and vehicles24-€706
Financial fixed assets28€75€75=
Current assets29/58€76,390€51,120▼
Amounts receivable within one year40/41€11,415€9,984▼
Trade receivables40€9,819€9,984▲
Other amounts receivable41€1,596-
Cash at bank and in hand54/58€63,668€38,723▼
Deferred charges and accrued income490/1€1,307€2,414▲
Equity and liabilities
Total equity and liabilities10/49€285,508€397,214▲
Equity10/15€175,600€200,345▲
Contributions10/11€18,750€18,750=
Reserves13€156,490€181,235▲
Tax-exempt reserves132€20,000€20,000=
Distributable reserves133€136,490€161,235▲
Profit (loss) carried forward14€360€360=
Amounts payable17/49€109,908€196,868▲
Amounts payable after more than one year17€78,623€142,050▲
Financial debts170/4€78,623€142,050▲
Amounts payable within one year42/48€28,968€50,418▲
Current portion of amounts payable after more than one year42€12,856€31,991▲
Trade debts44€3,808€4,090▲
Suppliers440/4€3,808€4,090▲
Advances received on contracts in progress46€110-
Taxes, remuneration and social security45€2,116€4,294▲
Taxes450/3€2,116€4,294▲
Other amounts payable47/48€10,078€10,044▼
Accrued charges and deferred income492/3€2,317€4,400▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,018€13,287▲
Other operating charges640/8€3,033€3,225▲
Gross operating margin9900€51,794€57,148▲
Operating profit (loss)9901€35,743€40,636▲
Financial charges65/66B€3,620€4,365▲
Recurring financial charges65€3,620€4,365▲
Profit (loss) for the period before taxes9903€32,123€36,271▲
Income taxes67/77€9,409€11,526▲
Profit (loss) for the period9904€22,714€24,746▲
Profit (loss) for the period to be appropriated9905€22,714€24,746▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,074€25,106▲
Profit (loss) brought forward from the previous period14P€360€360=
Transfer to equity691/2€22,714€24,746▲
To other reserves6921€22,714€24,746▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,775€11,244€11,244€11,118€11,118€13,018€13,287▲ 2.1%
Other operating charges640/8---€2,490€3,628€3,033€3,225▲ 6.4%
Gross operating margin9900€36,127€37,523€28,567€41,271€51,344€51,794€57,148▲ 10.3%
Operating profit (loss)9901€22,253€24,037€14,949€27,663€36,598€35,743€40,636▲ 13.7%
Financial charges65/66B---€4,421€3,402€3,620€4,365▲ 20.6%
Recurring financial charges65€5,116€4,932€4,624€4,421€3,402€3,620€4,365▲ 20.6%
Profit (loss) for the period before taxes9903€17,138€19,104€10,325€23,242€33,196€32,123€36,271▲ 12.9%
Income taxes67/77€6,148€6,986€3,275€7,388€10,551€9,409€11,526▲ 22.5%
Profit (loss) for the period9904€10,990€12,119€7,050€15,854€22,645€22,714€24,746▲ 8.9%
Profit (loss) for the period to be appropriated9905€10,990€12,119€7,050€15,854€22,645€22,714€24,746▲ 8.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€268,789€277,078€271,357€269,439€261,237€285,508€397,214▲ 39.1%
Fixed assets21/28€253,245€241,981€230,737€219,619€201,012€209,118€346,094▲ 65.5%
Tangible fixed assets22/27€253,150€241,906€230,662€219,544€200,937€209,043€346,019▲ 65.5%
Land and buildings22---€219,544€200,937€193,717€330,782▲ 70.8%
Plant, machinery and equipment23-----€15,325€14,531▼ 5.2%
Furniture and vehicles24------€706-
Financial fixed assets28€95€75€75€75€75€75€75=
Current assets29/58€15,543€35,097€40,620€49,820€60,225€76,390€51,120▼ 33.1%
Amounts receivable within one year40/41€12,009€8,456€6,353€9,215€8,781€11,415€9,984▼ 12.5%
Trade receivables40---€7,489€8,776€9,819€9,984▲ 1.7%
Other amounts receivable41---€1,725€5€1,596--
Cash at bank and in hand54/58€1,397€25,491€32,152€39,865€50,076€63,668€38,723▼ 39.2%
Deferred charges and accrued income490/1---€740€1,369€1,307€2,414▲ 84.6%
Equity and liabilities
Total equity and liabilities10/49€268,789€277,078€271,357€269,439€261,237€285,508€397,214▲ 39.1%
Equity10/15€95,218€107,336€114,387€130,241€152,886€175,600€200,345▲ 14.1%
Contributions10/11€18,750€18,750-€18,750€18,750€18,750€18,750=
Reserves13€76,108€88,226€95,277€111,131€133,776€156,490€181,235▲ 15.8%
Non-distributable reserves130/1---€1,875€1,875---
Other1319---€1,875€1,875---
Tax-exempt reserves132---€20,000€20,000€20,000€20,000=
Distributable reserves133---€89,256€111,901€136,490€161,235▲ 18.1%
Profit (loss) carried forward14€360€360€360€360€360€360€360=
Amounts payable17/49€173,571€169,742€156,970€139,198€108,351€109,908€196,868▲ 79.1%
Amounts payable after more than one year17€139,717€130,826€121,696€112,321€77,694€78,623€142,050▲ 80.7%
Financial debts170/4---€112,321€77,694€78,623€142,050▲ 80.7%
Amounts payable within one year42/48€24,667€27,969€35,274€24,579€28,987€28,968€50,418▲ 74.0%
Current portion of amounts payable after more than one year42---€9,375€9,627€12,856€31,991▲ 149%
Trade debts44€3,009€3,185€3,198€3,282€3,547€3,808€4,090▲ 7.4%
Suppliers440/4---€3,282€3,547€3,808€4,090▲ 7.4%
Advances received on contracts in progress46-----€110--
Taxes, remuneration and social security45---€3,364€6,265€2,116€4,294▲ 103%
Taxes450/3---€3,364€6,265€2,116€4,294▲ 103%
Other amounts payable47/48---€8,558€9,547€10,078€10,044▼ 0.3%
Accrued charges and deferred income492/3---€2,298€1,670€2,317€4,400▲ 89.9%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€10,990€12,119€7,050€15,854€22,645€22,714€24,746▲ 8.9%
+ Depreciation and write-downs630€11,775€11,244€11,244€11,118€11,118€13,018€13,287▲ 2.1%
Operating cash flow (approximation)€22,764€23,363€18,294€26,972€33,763€35,732€38,033▲ 6.4%
Investment in fixed assets (approximation)-€20€0€0€7,489-€21,124-€150,263▼ 611%
Change in cash-€24,094€6,661€7,714€10,210€13,592-€24,946-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2025 micro format 29-10-2025 2025-00560868 PDF
31-03-2024 micro format 25-10-2024 2024-00517979 PDF
31-03-2023 micro format 02-10-2023 2023-00470439 PDF
31-03-2022 micro format 30-10-2022 2022-20477608 PDF
31-03-2021 micro format 29-10-2021 2021-74900035 PDF
31-03-2020 micro format 16-10-2020 2020-62600072 PDF
31-03-2019 micro format 30-10-2019 2019-72500040 PDF
31-03-2018 micro format 30-10-2018 2018-71300234 PDF
31-03-2017 micro format 30-10-2017 2017-68500449 PDF
31-03-2016 abbreviated format 28-10-2016 2016-67000434 PDF

Show all 21 filings

Similar companies · same sector, comparable size

Of the 19,852 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,320. 7,483 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
Veerle BAECKE
Director (not named in the articles) · since 03-02-2012 · in the 2025 annual accounts, filed on 29-10-2025
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Veerle BAECKE
  • Director (not named in the articles), appointed in the act of 22-09-2023, still in office
See the board, name and registered office on a given date →

How the board is organised

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan”

Articles of association, deed of 22-09-2023 (in Dutch)

Owners and capital

Capital and shareholders

Capital over the years
  1. 22-09-2023 Converted to unavailable equity · €20,625

Shares according to the articles of association

Membership ruleWho can become a member or partner, and on what terms.
“Aandelen van uitgesloten aandeelhouder worden vernietigd, wettige reden”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Niet meer dan netto-actief waarde van die aandelen zoals blijkt uit laatste goedgekeurde jaarrekening, aandeelhouders hebben recht uit te…”
Other provision: “Uitsluiting om wettige reden, wettige reden”
Other provision: “Bestemming winst-reserves, helft gereserveerd,helft uitgekeerd”
Liquidation distribution: “Goederen nog in natura opzelfde wijze verdeeld, na aanzuivering schulden,lasten,kosten vereffening of consignatie nodige sommen”
1 more provision in the deed, see the deed of 22-09-2023

Articles of association, deed of 22-09-2023 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 10 March 2000, TIME was incorporated.1 Total assets went from €268,789 in 2019 to €397,214 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
31-03
Financial Highest result from 2019 to 2025net €24,746 ▲8.9%
Operating result €40,636, net result €24,746, both a record.
31-03
Financial Equity above €200,000equity €200,345 ▲14.1%
A profit in every financial year since 2019 builds equity to €200,345.
2024
25-10
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2023
02-10
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
22-09
Gazette deed Amendment of the articles · Legal-form change · Name · Resignations & appointments
Appointment: Veerle BAECKE (director) · Incorporation · Capital conversion14 facts ▸
  • General meeting, 13-09-2023
  • Incorporation, 06-03-2000
  • Other provision, “afschaffing nominale waarde en omzetting in aandelen zonder vermelding van waarde, aanduiding nominale waarde afgeschaft,omgezet in aandelen zonder vermelding v…” (deed in Dutch)
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, artikel 39,§1,eerste en derde lid van de wet van 23-03-2019” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “beschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “verslag bestuursorgaan overeenkomstig artikel 5:101 WVV over voorgestelde voorwerpwijziging, aandeelhouders” (deed in Dutch)
  • Purpose change
  • Transfer restriction, “overdrachtsregeling van aandelen aangepast, artikel 10 van de nagemelde statuten” (deed in Dutch)
  • Amendment of the articles
  • Power of attorney
  • Power of attorney, Luc DEHAENE
  • +2 further facts in this act

Open the act in the Belgian Official Gazette

31-03
Financial Equity above €150,000equity €152,886 ▲17.4%
A profit in every financial year since 2019 builds equity to €152,886.
2022
30-10
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
2021
29-10
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
31-03
Financial Weakest financial yearnet €7,050 ▼41.8%
Net result drops to €7,050, the lowest in the series; recovery starts the following year.
2020
16-10
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
31-03
Financial Equity above €100,000equity €107,336 ▲12.7%
A profit in every financial year since 2019 builds equity to €107,336.
Show earlier events
2019
30-10
NBB filing Annual accounts filedPDF
financial year 2019 · micro format
2018
30-10
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2017
30-10
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2016
28-10
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name TIME in Dutch
Enterprise number 0471.405.944
Legal form Private limited company
Status Active, normale toestand
Founded 10-03-2000
Type Legal entity

Where it is based

Registered office Waterkasteellaan 15, 8421 De Haan, Belgium
Establishments 1 establishment unit since 2000

What it does

NACEBEL 2025
43320 Joinery installation main activity
16230 Manufacture of other builders' carpentry and joinery

Invoicing and payment

VAT number BE 0471.405.944
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0471405944
Registered 30-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0471.405.944

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03

Scores and ratios are computed by Checked and are not a credit decision.

Purpose, financial year and meetings according to the articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verwerven, het aanhouden en beheren van vermogens zowel van roerende als van onroerende aard; Het kopen, verkopen, beheren, huren…”
12 activities
  1. Het verwerven, het aanhouden en beheren van vermogens zowel van roerende als van onroerende aard;
  2. Het kopen, verkopen, beheren, huren, verhuren, in leasing geven of nemen, bouwen of laten bouwen, herstellen of onderhouden van alle onroerende goederen, van outillering en uitrusting. Zij mag zakelijke rechten op onroerende goederen, onder meer deze van erfpacht en opstal, verwerven, bezitten of toestaan;
  3. Consultancy en dienstverlening inzake administratief, commercieel, strategisch, technisch en financieel management. Inzake technisch management en diverse technische aangelegenheden; inzake informatica en automatisering; inzake kwaliteit, milieu, veiligheid, energie, duurzaam ondernemen; inzake productmanagement, design en vormgeving; inzake PR, publiciteit en marketing; inzake de administratieve organisatie en de implementatie van bedrijfsprocessen;
  4. Het besturen van vennootschappen en verenigingen, met name de deelname aan en de bijstand bij het beheer, bestuur en management van vennootschappen, ongeacht hun doel en activiteit, via de uitoefening van de functie van bestuurder, gedelegeerd bestuurder, directeur, directeur-generaal, manager, en van alle andere topfuncties die door de vennootschap op grond van een overeenkomst aan een zelfstandige manager kunnen worden uitbesteed;
  5. De vennootschap mag alle burgerlijke, commerciële, industriële en financiële activiteiten en alle onroerend en roerend goed verhandelingen uitvoeren, die rechtstreeks of onrechtstreeks betrekking hebben op – ten exemplatieve titel – het aankopen, het bouwen, het oprichten, het verkavelen, het ruilen, het uitrusten, het opschikken, het verbouwen, het huren, het verhuren, het vervreemden en het vestigen van alle zakelijke rechten. Het beheer van onroerende goederen kan gebeuren alleen of in participatie, voor eigen rekening;
  6. Het beleggen van beschikbare middelen in roerende goederen en waarden en het beheer van beleggingen en vermogens, zonder evenwel die handelingen van vermogensbeheer te stellen waarvoor krachtens bijzondere wetgeving bijkomende voorwaarden worden gesteld, en waarvoor onder meer de vorm van een naamloze vennootschap en een hoger kapitaal is vereist;
  7. Het verwerven, te gelde maken, inbrengen, afstaan en verhandelingen door uitgiften of andere middelen van alle soorten marktwaarden, aandelen of obligaties, van participaties of belangen onder gelijk welke vorm in de Belgische of buitenlandse vennootschappen, bestaande of op te richten, waarvoor in de wetgeving geen bijkomende bijzondere eisen zijn opgelegd.
  8. De vennootschap kan daarenboven belangen nemen hetzij door deelneming, inbreng of op elke andere wijze, in alle vennootschappen, ondernemingen, syndicaten of groeperingen, bestaan of op te richten, zowel in België als in het buitenland die een gelijkluidend, soortgelijk of aanvullend voorwerp nastreven of die van aard zijn de ontwikkeling in haar onderneming te bevorderen.
  9. De vennootschap zal bij middel van inbreng, versmelting, inschrijving of op om het even welke wijze mogen deelnemen aan alle ondernemingen, verenigingen, vennootschappen, die een gelijkaardig of bijhorend voorwerp nastreven of die eenvoudig nuttig zijn tot de gehele of gedeeltelijke verwezenlijking van haar voorwerp.
  10. De vennootschap kan eveneens optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen. In dat geval zullen de terzake geldende wettelijke bepalingen dienen nageleefd te worden.
  11. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
  12. De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken, te bevorderen of uit te breiden.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
TIME
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of September at 14:00

Articles of association, deed of 22-09-2023 (in Dutch)

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
Waterkasteellaan 15, 8421 De Haan
Renting and operating of own or leased residential real estate, excluding social housing
since 2000unit no. 2.099.641.808

Buildings and parcels at the address

Ground area
413 m²
Building footprint
88 m²
Building volume
657 m³
Parcel 35021B0006/00C041, Flanders · tallest building 13.1 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
35021B0006/00C041
ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗
Flanders 413 m² 1 · 88 m² 13.1 m · 3

1 of these parcels carries protected heritage: expect extra rules on renovation or sale.