Time 2 Change
ActiveFrom the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Time 2 Change is 2.6% (moderate). The 2025 annual accounts show negative equity (-€1.0m) and a net result of -€102,128. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 5% of 21,130 sector peers (NACE 62, financial year 2025). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 25-11-1998 Normal situation
- Legal form
- Private limited company
- Registered office
- Ronkenburgstraat 5, 9340 Lede
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment unit
- 2.089.461.459 9340 Lede, since 03-12-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 17-08-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
Annual accounts 2025
- Gross margin
- -€52,753
- ▲ 64.4%
- Loss
- €102,128
- ▼ 48.7%
- Equity
- -€1.0m
- ▼ 11.2%
- Total assets
- €193,247
- ▼ 27.9%
- Staff
- 1 FTE
- =
Turnover not published (micro format)2025 accounts filed 60 days after the deadline
Filed on 29-09-2026at the National Bank
Score breakdownraises riskLoss of €102,128, the second in a row (financial year 2025)Last filed accounts filed 60 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.71, cash €411, halvedlowers riskSize: total assets €193,247Show the evidence
Checked score
Score 2025
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Weak
Solvency
0=
equity -523.6% of total assets
Liquidity
0-25
short-term debt 105.9% · cash 0.2%
Profitability
0=
return on assets -52.8%
Bankruptcy probability within 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.7%
12-2024: 1.7%● unchanged vs 11-2024
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.5%▼ -0.2 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025lowest value
07-2025: 1.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.1 percentage points vs 07-2025
09-2025: 1.8%▲ +0.1 percentage points vs 08-2025
10-2025: 1.9%▲ +0.1 percentage points vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.6%▼ -0.2 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 1.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.9%● unchanged vs 08-2026
10-2026: 2.6%▲ +0.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.71 (1.23 in 2024), below 1. Short-term debt is 105.9% and cash 0.2% of total assets. Equity is negative.
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 3% of them on solvency, 1% on liquidity, 5% on profitability and 30% 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.0m
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
60 days late
2024
50 days late
2023
61 days late
2022
8 days late
2021
131 days late
2020
19 days late
2019
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€1.0m View
- Risk: 8 loss-making years in a rowloss in financial year 2025 -€102,128 View
- Caution: Lower solvency than 95% of companies in computer programming and consultancysector median 60.0% · 21,130 companies -523.6% View
- Positive: Result rose in 2025from -€198,917 to -€102,128 ▲ 48.7% View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 29-09-2026
- Annual accounts 2024filed on 19-09-2025
- Annual accounts 2023filed on 30-09-2024
- Annual accounts 2022filed on 08-08-2023
Acts in the Belgian Official Gazette
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 10-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Time 2 Change
- What is the company number of Time 2 Change?
- The company number of Time 2 Change is 0464.662.761. The VAT number is the same number with BE in front: BE 0464.662.761.
- Where is Time 2 Change based?
- The registered office is at Ronkenburgstraat 5, 9340 Lede.Company details
- What does Time 2 Change do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Time 2 Change?
- The legal form of Time 2 Change is Private limited company (BV).
- When was Time 2 Change founded?
- Time 2 Change was founded on 25-11-1998.
- Is Time 2 Change still active?
- Yes, Time 2 Change is an active enterprise in the KBO register.
- How many employees does Time 2 Change have?
- Time 2 Change had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Time 2 Change?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is Time 2 Change profitable?
- In financial year 2025, Time 2 Change made a loss of €102,128.
- Where can I find the annual accounts of Time 2 Change?
- Time 2 Change filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Time 2 Change due?
- Time 2 Change must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to Time 2 Change
Comparable companies
These companies have the same main activity as Time 2 Change: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €169,000 and €221,000, founded between 1996 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| Time 2 Change Lede | €193,247 | -€52,753 |
| QUANTIFY PERFORMANCE Gent | €191,731 | -€29,663 |
| CC CONSULTING SERVICES Sint-Martens-Latem | €177,344 | -€4,104 |
| DATA KNOWLEDGE Sint-Pieters-Woluwe | €186,124 | -€556 |
| ORDONIX CONSULTANCY Hemiksem | €187,380 | €445 |
| D-CONCEPT Braine-l'Alleud | €169,499 | -€13,862 |
| INFONOSIS Sint-Lambrechts-Woluwe | €220,879 | -€1,497 |
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