Equity
€24,071 ▲ 31.9%
TIME FACADE has made a profit in every financial year since 2022.
TIME FACADE
Lifetime
4 annual accounts with figures on one time axispeak €12,829 (2024)
€10,876▼ 15.2%
peak €8,312 (2024)
€5,816▼ 30.0%
peak €24,071 (2025)
€24,071▲ 31.9%
€9,285▲ 51.6%
Board1 name since 2021
1 directorKARAKUT Noël
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €12,829 to €10,876Result from €8,312 to €5,816Equity from €18,255 to €24,071Debts from €6,127 to €9,285Investments €16,621Cash from €3,722 to €6,389
Key points
from the 2025 annual accountsTurnover
≈ €94,000 estimated
The accounts state no turnover.
Investments
€18,225 5.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 92.1% higher than in 2024.
Filings
4 annual accounts 5 filings, 4 late
The 2022 accounts came latest: 328 days after the end of the period.
At the same address
682 companies
Position in the sector
€24,071
Less equity than 82% of companies in building services and landscaping. Sector median €183,404 · 1,569 companies.
Checked score
66
Healthy
Financially stronger than 74% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.7%
01-2025: 3.8%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 2.8%▼ -1.0 percentage point vs 01-2025
03-2025: 2.8%● unchanged vs 02-2025
04-2025: 2.5%▼ -0.3 percentage points vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.6%▲ +0.1 percentage points vs 05-2025
07-2025: 2.6%● unchanged vs 06-2025
08-2025: 2.9%▲ +0.3 percentage points vs 07-2025
09-2025: 3.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.3%▼ -1.7 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026lowest value
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.5%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.4%▼ -0.5 percentage points vs 08-2026
10-2026: 1.5%▲ +0.1 percentage points vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Founded in 2021
Size: total assets €33,356
lowers risk
Liquidity: current ratio 1.43, cash €6,389
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 81, micro). It does better than 82% of them on solvency, 66% on liquidity, 76% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as TIME FACADE has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TIME FACADE itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for TIME FACADE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (2.9 in 2024), below the usual 1.5. Short-term debt is 27.8% and cash 19.2% of total assets. 27.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. 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 · 4 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
31 days late
2022
55 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0772644788
Registered office moved from Kraainem to Zaventem
New registered office: Leuvensesteenweg 246 boite 1, 1932 Zaventem · Previous registered office: Molenstraat 34 1950 Kraainem · General meeting of 15-12-2022 · Gazette deed
First establishment
Molenstraat 34, Kraainem
Incorporation
Founding capital of €1,300, 100 shares · Founder: KARAKUT Noël · Appointment: KARAKUT Noël (director) · published on 20-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIME FACADE Zaventem | €33,356 | €10,876 | 72.2% | - |
| Sertim Dessel | €36,384 | €10,525 | 56.6% | - |
| A.E. Concept Binche | €33,220 | €8,119 | 5.7% | - |
| AL Services Asse | €38,596 | €11,730 | 51.8% | - |
| De Ramenwassers Kortenaken | €28,521 | €12,704 | 67.9% | - |
| DAVID BAT RENOV Kraainem | €23,715 | €8,414 | 58.7% | - |
| Coene Cleaning Maldegem | €36,131 | €14,896 | 69.1% | - |
These companies have the same main activity as TIME FACADE: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €23,700 and €38,600, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 18-08-2021Normal situation
- Registered office
- 684 active companies are registered at this address137 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Other building cleaning and industrial cleaningNACE 81220and 1 other
- Establishment unit
- 2.324.988.1491950 Kraainem, since 01-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2026
Insights on TIME FACADE
TIME FACADE files the abbreviated format. That format states no turnover. The gross margin rose from €1,771 in 2022 to €10,876 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TIME FACADE
- What is the company number of TIME FACADE?
- The company number of TIME FACADE is 0772.644.788. The VAT number is the same number with BE in front: BE 0772.644.788.
- Where is TIME FACADE based?
- The registered office is at Leuvensesteenweg 246, 1932 Zaventem.Company details
- What does TIME FACADE do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of TIME FACADE?
- TIME FACADE is a private limited company (BV).
- When was TIME FACADE founded?
- TIME FACADE was founded on 18-08-2021.
- Is TIME FACADE still active?
- Yes, TIME FACADE is an active enterprise in the KBO register.
- What is the turnover of TIME FACADE?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €10,876 and 50 comparable companies (NACE 81220). It probably lies between €51,000 and €240,000. It is a rough estimate. In financial year 2023 turnover was €23,660.Financials
- Is TIME FACADE profitable?
- In financial year 2025, TIME FACADE made a profit of €5,816.
- Where can I find the annual accounts of TIME FACADE?
- TIME FACADE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIME FACADE due?
- TIME FACADE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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