TIME FLIES
TIME FLIES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €400k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 16% of 1400 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €400k |
| Better than sector | 16% |
| Active | 5 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.5% | 37.2% | |
| Equity | €400k | €362k | |
| Gross operating margin | €59k | €66k | |
| Employees (FTE) | 0.0 | 0.0 | |
| Total assets | €4.72M | €1.41M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | - |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.72M |
| Equity | €400k |
| Debt | €4.32M |
| of which ≤ 1y | €4.32M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 8.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | - |
| ROE | - |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.72M |
| Fixed assets | 21/28 | €965k |
| Tangible fixed assets | 22/27 | €965k |
| Current assets | 29/58 | €3.76M |
| Stocks & contracts in progress | 3 | €1.54M |
| Amounts receivable within one year | 40/41 | €1.95M |
| Cash & bank | 54/58 | €265k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.72M |
| Equity | 10/15 | €400k |
| Contributions / capital | 10/11 | €400k |
| Amounts payable | 17/49 | €4.32M |
| Amounts payable within one year | 42/48 | €4.32M |
| Trade debts payable within one year | 44 | €1.39M |
| Income statement | ||
| Gross operating margin | 9900 | €59k |
| Operating result | 9901 | €0 |
| Financial charges | 65 | €0 |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 02-11-2020 |
| Status | Active |
| Postal code | 9080 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C1033/00N002 | Flanders | 1,017 m² | 1 · 116 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-11-2022 Registered office moved within Lochristi
- WEERSTANDSHOF 17 - 9080 LOCHRISTI → 9080 Lochristi, Charles Vuylstekehof 10
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "9080 Lochristi, Charles Vuylstekehof 10",
"city": "Lochristi",
"region": "vlaams_gewest",
"street": "Charles Vuylstekehof",
"country": "BE",
"postcode": "9080",
"box_number": null,
"street_number": "10",
"locality_suffix": null
},
"old_address": {
"raw": "WEERSTANDSHOF 17 - 9080 LOCHRISTI",
"city": "Lochristi",
"region": "vlaams_gewest",
"street": "Weerstandshof",
"country": "BE",
"postcode": "9080",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"effective_date": "2022-09-16",
"evidence_quote": "Uit de notulen van het bestuursorgaan d.d. 13/09/2022, gehouden op de maatschappelijke zetel, blijkt dat werd beslist om de zetel van de vennootschap te verplaatsen van 9080 Lochristi, Weerstandshof 17 naar 9080 Lochristi, Charles Vuylstekehof 10, en dit met ingang vanaf 16 september 2022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-11-17",
"act_kind_objet": "ZETELVERPLAATSING"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-09-13",
"unanimous": null
},
"subject_company": {
"kbo": "0757.703.127",
"name_full": "TIME FLIES",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0430.810.949",
"org_name": "BV Bofidi Accountants",
"person_name": null,
"org_rep_person_name": "Lindsey Schamp",
"person_role_at_subject": null
},
"co_filed_documents": [
"formulieren I tot publicatie in de bijlagen bij het Belgisch Staatsblad",
"formulieren II, tot wijziging van de registratie van de vennootschap in de Kruispuntbank van Ondernemingen (KBO)"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TIME FLIES |