TIME
ActiveSummary
The computed 12-month bankruptcy probability of TIME is 2.1% (moderate). The 2025 annual accounts show equity of €981,829 and a net result of €76,743. Equity is growing by ~23.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-32
Solvency90▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.47 in 2024; short-term debt: 5.6% and cash: 0.1% of total assets), and 34.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
65.4%
Return on assets
5.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 4 filingsDeviation from the deadline
2025
3 d late
2024
25 d late
2023
54 d late
2022
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 18 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€981,829▲ 8.5%
2024 · €905,086
Total assets
€1.5m▼ 4.1%
2024 · €1.6m
Net result
€76,743▼ 72.5%
2024 · €279,284
Working capital
-€82,546▼ 10.0%
2024 · -€75,010
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
Line2022202320242025
Operating result-€3,422--€3,648▼ 6.6%-€6,269▼ 71.8%-€9,849▼ 57.1%
Net result€539,923-€80,879▼ 85.0%€279,284▲ 245%€76,743▼ 72.5%
Equity€544,923-€625,802▲ 14.8%€905,086▲ 44.6%€981,829▲ 8.5%
Total assets€1.5m-€1.5m=€1.6m▲ 3.6%€1.5m▼ 4.1%
Debt€966,482-€885,319▼ 8.4%€660,895▼ 25.3%€519,904▼ 21.3%
Working capital-€269,758--€271,067▼ 0.5%-€75,010▲ 72.3%-€82,546▼ 10.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +245% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,849 in 2025 against €6,269 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m =
Current assets
€1,733 ▼ 97.4%
Equity and liabilities €1.5m
Equity
€981,829 ▲ 8.5%
Debt
€519,904 ▼ 21.3%
Debt's share of the balance-sheet total falls from 42.2% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.02▼
2024 · 0.47
Debt to equity
0.53▼
2024 · 0.73
ROE
7.8%▼
2024 · 30.9%
ROA
5.1%▼
2024 · 17.8%
Debt ≤ 1 year
€84,279▼
2024 · €140,992
Debt > 1 year
€435,625▼
2024 · €519,904
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €102 | €926 | €1,986 | €4,932 | ▲ 148% |
| Gross operating margin9900 | -€3,320 | -€2,723 | -€4,283 | -€4,917 | ▼ 14.8% |
| Operating profit (loss)9901 | -€3,422 | -€3,648 | -€6,269 | -€9,849 | ▼ 57.1% |
| Financial income75/76B | €547,500 | €90,000 | €290,000 | €90,000 | ▼ 69.0% |
| Recurring financial income75 | €547,500 | €90,000 | €290,000 | €90,000 | ▼ 69.0% |
| Financial charges65/66B | €4,155 | €5,473 | €4,447 | €3,408 | ▼ 23.4% |
| Recurring financial charges65 | €4,155 | €5,473 | €4,447 | €3,408 | ▼ 23.4% |
| Profit (loss) for the period before taxes9903 | €539,923 | €80,879 | €279,284 | €76,743 | ▼ 72.5% |
| Profit (loss) for the period9904 | €539,923 | €80,879 | €279,284 | €76,743 | ▼ 72.5% |
| Profit (loss) for the period to be appropriated9905 | €539,923 | €80,879 | €279,284 | €76,743 | ▼ 72.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.5m | €1.5m | €1.6m | €1.5m | ▼ 4.1% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Current assets29/58 | €11,405 | €11,121 | €65,981 | €1,733 | ▼ 97.4% |
| Amounts receivable within one year40/41 | - | - | €57,765 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €57,765 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €11,405 | €11,121 | €8,217 | €1,733 | ▼ 78.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.6m | €1.5m | ▼ 4.1% |
| Equity10/15 | €544,923 | €625,802 | €905,086 | €981,829 | ▲ 8.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | - | - | - | - |
| Issued capital100 | €5,000 | - | - | - | - |
| Reserves13 | €539,923 | €620,802 | €620,802 | €620,802 | = |
| Non-distributable reserves130/1 | €500 | €500 | €500 | €500 | = |
| Legal reserve130 | €500 | - | - | - | - |
| Reserves not available under the articles1311 | - | €500 | €500 | €500 | = |
| Distributable reserves133 | €539,423 | €620,302 | €620,302 | €620,302 | = |
| Profit (loss) carried forward14 | - | - | €279,284 | €356,027 | ▲ 27.5% |
| Amounts payable17/49 | €966,482 | €885,319 | €660,895 | €519,904 | ▼ 21.3% |
| Amounts payable after more than one year17 | €685,319 | €603,131 | €519,904 | €435,625 | ▼ 16.2% |
| Financial debts170/4 | €685,319 | €603,131 | €519,904 | €435,625 | ▼ 16.2% |
| Amounts payable within one year42/48 | €281,163 | €282,188 | €140,992 | €84,279 | ▼ 40.2% |
| Current portion of amounts payable after more than one year42 | €81,163 | €82,188 | €83,227 | €84,279 | ▲ 1.3% |
| Other amounts payable47/48 | €200,000 | €200,000 | €57,765 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €539,923 | €80,879 | €279,284 | €76,743 | ▼ 72.5% |
| Operating cash flow (approximation) | €539,923 | €80,879 | €279,284 | €76,743 | ▼ 72.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€284 | -€2,905 | -€6,484 | ▼ 123% |
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
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €76,743 ▼72.5%
Net result drops to €76,743, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated 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, Wommelgem · 1 establishment unit since 2021
Ground area
268 m²
Building footprint
201 m²
Volume, LiDAR
1,506 m³
Parcel 11052A0208/00T006, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TIME
since 20212.330.642.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0208/00T006 | Flanders | 268 m² | 1 · 201 m² | 12.7 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
98.67%
According to the 2024 annual accounts of TIME and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2021
Fiscal year end31-12
Contact
Phone
+32496146373
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779355804
Registered
29-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.