TIME CONSULT
ActiveSummary
The computed 12-month bankruptcy probability of TIME CONSULT is 1.5% (moderate). The 2024 annual accounts show equity of €125,877 and a net result of €51,009. Its solvency ranks better than 84% of 19362 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,662 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% | 1.7% |
| 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 75% 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 39,276 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,774 | €10,332 | ▲ 272% |
| Other operating charges640/8 | €1,289 | €1,976 | ▲ 53.4% |
| Gross operating margin9900 | €96,971 | €77,423 | ▼ 20.2% |
| Operating profit (loss)9901 | €92,908 | €65,115 | ▼ 29.9% |
| Profit (loss) for the period before taxes9903 | €92,908 | €65,115 | ▼ 29.9% |
| Income taxes67/77 | €18,907 | €14,105 | ▼ 25.4% |
| Profit (loss) for the period9904 | €74,001 | €51,009 | ▼ 31.1% |
| Profit (loss) for the period to be appropriated9905 | €74,001 | €51,009 | ▼ 31.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €100,715 | €159,294 | ▲ 58.2% |
| Fixed assets21/28 | €18,062 | €35,023 | ▲ 93.9% |
| Tangible fixed assets22/27 | €18,062 | €35,023 | ▲ 93.9% |
| Land and buildings22 | - | €2,422 | - |
| Furniture and vehicles24 | €18,062 | €32,601 | ▲ 80.5% |
| Current assets29/58 | €82,653 | €124,270 | ▲ 50.4% |
| Amounts receivable within one year40/41 | €3,760 | €20,000 | ▲ 432% |
| Trade receivables40 | €169 | - | - |
| Other amounts receivable41 | €3,591 | €20,000 | ▲ 457% |
| Cash at bank and in hand54/58 | €78,431 | €103,843 | ▲ 32.4% |
| Deferred charges and accrued income490/1 | €462 | €427 | ▼ 7.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €100,715 | €159,294 | ▲ 58.2% |
| Equity10/15 | €75,701 | €125,877 | ▲ 66.3% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €73,201 | €123,377 | ▲ 68.5% |
| Distributable reserves133 | €73,201 | €123,377 | ▲ 68.5% |
| Amounts payable17/49 | €25,014 | €33,416 | ▲ 33.6% |
| Amounts payable within one year42/48 | €24,262 | €33,416 | ▲ 37.7% |
| Trade debts44 | €1,185 | €4,260 | ▲ 259% |
| Suppliers440/4 | €1,185 | €4,260 | ▲ 259% |
| Taxes, remuneration and social security45 | €18,907 | €24,071 | ▲ 27.3% |
| Taxes450/3 | €18,907 | €24,071 | ▲ 27.3% |
| Other amounts payable47/48 | €4,170 | €5,086 | ▲ 22.0% |
| Accrued charges and deferred income492/3 | €751 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €74,001 | €51,009 | ▼ 31.1% |
| + Depreciation and write-downs630 | €2,774 | €10,332 | ▲ 272% |
| Operating cash flow (approximation) | €76,775 | €61,341 | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | -€27,293 | - |
| Change in cash | - | €25,412 | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0818/00E000 | Brussels | 3,564 m² | 1 · 3,393 m² | 29.6 m · 8 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.