TIME FACADE
ActiveSummary
The computed 12-month bankruptcy probability of TIME FACADE is 2.1% (moderate). The 2025 annual accounts show equity of €24k and a net result of €6k. Equity is growing by ~56.1% per year across the filed fiscal years. Its solvency ranks better than 82% of 1208 sector peers (fiscal year 2025). 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
Profitability91▼-9
Solvency97▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 2.9 in 2024; short-term debt: 27.8% and cash: 19.2% of total assets), and 27.8% of the assets are financed with debt.
Credit check for your own amount and term
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
72.2%
Return on assets
17.4%
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 31-08-2026, 31 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
31 d late
2024
31 d late
2023
31 d late
2022
55 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€24k
EBIT margin
31.8%
Net result
€6k▼ 30.0%
2024 · €8k
2022: €2klowest in 4 years
2023: €7k▲ +344% vs 2022
2024: €8k▲ +17.9% vs 2023highest in 4 years
2025: €6k▼ -30.0% vs 2024
2022 → 2025
Working capital
€4k▼ 65.5%
2024 · €12k
2022: €2klowest in 4 years
2023: €10k▲ +525% vs 2022
2024: €12k▲ +17.0% vs 2023highest in 4 years
2025: €4k▼ -65.5% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€24k
Equity€2k-€10k▲ 525%€18k▲ 83.6%€24k▲ 31.9%
2022: €2klowest in 4 years
2023: €10k▲ +525% vs 2022
2024: €18k▲ +83.6% vs 2023
2025: €24k▲ +31.9% vs 2024highest in 4 years
Operating result€2k-€8k▲ 325%€12k▲ 55.2%€6k▼ 52.7%
2022: €2klowest in 4 years
2023: €8k▲ +325% vs 2022
2024: €12k▲ +55.2% vs 2023highest in 4 years
2025: €6k▼ -52.7% vs 2024
Net result€2k-€7k▲ 344%€8k▲ 17.9%€6k▼ 30.0%
2022: €2klowest in 4 years
2023: €7k▲ +344% vs 2022
2024: €8k▲ +17.9% vs 2023highest in 4 years
2025: €6k▼ -30.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€20k ▲ 203%
Current assets
€13k ▼ 25.1%
Equity and liabilities €33k
Equity
€24k ▲ 31.9%
Debt
€9k ▲ 51.6%
Debt's share of the balance-sheet total rises from 25.1% to 27.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2024 · €13k
Cash flow
€9k▼
2024 · €9k
Current ratio
1.43▼
2024 · 2.90
Debt to equity
0.39▲
2024 · 0.34
ROE
24.2%▼
2024 · 45.5%
ROA
17.4%▼
2024 · 34.1%
Interest coverage
38.02▼
2024 · 73.81
Debt ≤ 1 year
€9k▲
2024 · €6k
Income taxes
€-515▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24k€33k▲
Fixed assets21/28€7k€20k▲
Tangible fixed assets22/27€7k€20k▲
Plant, machinery and equipment23€5k€9k▲
Furniture and vehicles24€2k€11k▲
Current assets29/58€18k€13k▼
Amounts receivable within one year40/41€14k€7k▼
Trade receivables40€10k€2k▼
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€24k€33k▲
Equity10/15€18k€24k▲
Contributions10/11€1k€1k=
Capital10€1k€1k=
Issued capital100€1k€1k=
Profit (loss) carried forward14€17k€23k▲
Amounts payable17/49€6k€9k▲
Amounts payable within one year42/48€6k€9k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€497€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€50€726▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€13k€11k▼
Operating profit (loss)9901€12k€6k▼
Financial charges65/66B€173€229▲
Recurring financial charges65€173€229▲
Profit (loss) for the period before taxes9903€12k€5k▼
Income taxes67/77€3k€-515▼
Profit (loss) for the period9904€8k€6k▼
Profit (loss) for the period to be appropriated9905€8k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€23k▲
Profit (loss) brought forward from the previous period14P€9k€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €24k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €16k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €3k | ▲ 190% |
| Other operating charges640/8 | - | €190 | €50 | €726 | ▲ 1,352% |
| Non-recurring operating charges66A | - | - | - | €1k | - |
| Gross operating margin9900 | €2k | €8k | €13k | €11k | ▼ 15.2% |
| Operating profit (loss)9901 | €2k | €8k | €12k | €6k | ▼ 52.7% |
| Financial charges65/66B | €182 | €476 | €173 | €229 | ▲ 32.3% |
| Recurring financial charges65 | €182 | €476 | €173 | €229 | ▲ 32.3% |
| Profit (loss) for the period before taxes9903 | €2k | €7k | €12k | €5k | ▼ 53.9% |
| Income taxes67/77 | - | - | €3k | €-515 | ▼ 116% |
| Profit (loss) for the period9904 | €2k | €7k | €8k | €6k | ▼ 30.0% |
| Profit (loss) for the period to be appropriated9905 | €2k | €7k | €8k | €6k | ▼ 30.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2k | €12k | €24k | €33k | ▲ 36.8% |
| Fixed assets21/28 | - | - | €7k | €20k | ▲ 203% |
| Tangible fixed assets22/27 | - | - | €7k | €20k | ▲ 203% |
| Plant, machinery and equipment23 | - | - | €5k | €9k | ▲ 92.1% |
| Furniture and vehicles24 | - | - | €2k | €11k | ▲ 466% |
| Current assets29/58 | €2k | €12k | €18k | €13k | ▼ 25.1% |
| Amounts receivable within one year40/41 | €2k | €12k | €14k | €7k | ▼ 50.8% |
| Trade receivables40 | - | €10k | €10k | €2k | ▼ 77.4% |
| Other amounts receivable41 | €2k | €2k | €4k | €5k | ▲ 21.9% |
| Cash at bank and in hand54/58 | €2 | €399 | €4k | €6k | ▲ 71.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2k | €12k | €24k | €33k | ▲ 36.8% |
| Equity10/15 | €2k | €10k | €18k | €24k | ▲ 31.9% |
| Contributions10/11 | - | €1k | €1k | €1k | = |
| Capital10 | - | €1k | €1k | €1k | = |
| Issued capital100 | - | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €2k | €9k | €17k | €23k | ▲ 34.3% |
| Amounts payable17/49 | €418 | €2k | €6k | €9k | ▲ 51.6% |
| Amounts payable within one year42/48 | €418 | €2k | €6k | €9k | ▲ 51.6% |
| Trade debts44 | - | €2k | €3k | €4k | ▲ 24.8% |
| Suppliers440/4 | - | €2k | €3k | €4k | ▲ 24.8% |
| Taxes, remuneration and social security45 | - | - | €3k | - | - |
| Taxes450/3 | - | - | €3k | - | - |
| Other amounts payable47/48 | €418 | €196 | €497 | €6k | ▲ 1,057% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €7k | €8k | €6k | ▼ 30.0% |
| + Depreciation and write-downs630 | - | - | €1k | €3k | ▲ 190% |
| Operating cash flow (approximation) | €2k | €7k | €9k | €9k | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | - | - | €-17k | - |
| Change in cash | - | €397 | €3k | €3k | ▼ 19.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2022net €8k ▲17.9%
Operating result €12k, net result €8k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Zaventem · 1 establishment unit since 2021
Ground area
833 m²
Building footprint
292 m²
Volume, LiDAR
1,935 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
662
companies at this address
See who is registered here
1 establishment unit
TIME FACADE
since 20212.324.988.149
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 22002A0159/00H000 | Flanders | 371 m² | 1 · 100 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
LDM Cleaning
BE 0797.546.074
Schoten · Eq €24,067
Calvin Clean
BE 0755.881.804
Hoogstraten · Eq €24,066
PRO MASTER CLEAN
BE 0645.668.523
Schaarbeek · Eq €24,078
NEW CLEANING SOLUTIONS
BE 0742.733.750
Antwerpen · Eq €24,128
HERVE THEWISSEN CLEANING
BE 0712.500.533
Visé · Eq €24,010
Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 1,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43110Demolition
Scores and ratios are computed by Checked and are not a credit decision.