Equity
-€832
Debts exceed assets in financial year 2025.
TIME IS LUCK
Lifetime
11 annual accounts with figures on one time axispeak €32,526 (2024)
€11,083previous year 16 months
lowest -€18,187 (2015)
-€9,575previous year 16 months
peak €13,361 (2023)
-€832▼ €9,575
€41,424▼ 0.7%
Board2 names since 2014
2 directors and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Loss of €9,575Equity from €8,744 to -€832
Key points
from the 2025 annual accountsLosses
-€14,193 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€41,424 102% of the balance sheet
Financial debts 37%Suppliers 7%Taxes and wages 15%Other 40%
Of this, €25,904 falls due within a year.
Investments
€66,029 5.0 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts since 2015
Three of the last ten came late. The 2025 accounts came latest: 28 days after the end of the period.
Position in the sector
-€9,575
Lower net result than 81% of companies in wholesale trade. Sector median €5,135 · 15,425 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,909 companies had the same profile as TIME IS LUCK has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,909 companies, not a prediction for TIME IS LUCK. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0562978892
2 directors resigning, 2 reappointments
Resignations: and · Reappointments: (director) and (director) · General meeting of 18-12-2023 · Gazette deed
Registered office moved from Buggenhout to Lebbeke
New registered office: Dendermondsesteenweg 9 te 9280 Lebbeke · Previous registered office: Jules Andriespark 42, 9255 Buggenhout · Appointment: (manager) · General meeting of 06-11-2018 · Gazette deed
Incorporation
published on 06-10-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIME IS LUCK Dendermonde | €40,592 | €11,083 | -2.0% | - |
| L&LG Waterloo | €38,137 | €12,109 | 42.6% | - |
| STARTING LINE Woluwe-Saint-Lambert | €42,999 | €14,840 | -183.6% | - |
| SUPRB Deinze | €30,359 | €6,396 | 29.5% | - |
| DANJON Brussels | €48,668 | €13,083 | 15.1% | - |
| CHOUHUIHUI Court-Saint-Etienne | €39,752 | €10,914 | 72.1% | 0 |
| PYCKAVET Damme | €41,036 | €8,233 | 5.7% | - |
These companies have the same main activity as TIME IS LUCK: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €30,400 and €48,700, founded between 2010 and 2016.
Official details
Source: KBO- Status
- Active since 25-09-2014Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Establishment unit
- 2.235.198.4179280 Lebbeke, since 10-09-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on TIME IS LUCK
TIME IS LUCK files the micro format. That format states no turnover. The gross margin rose from -€5,154 in 2015 to €11,083 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
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 IS LUCK
- What is the company number of TIME IS LUCK?
- The company number of TIME IS LUCK is 0562.978.892. The VAT number is the same number with BE in front: BE 0562.978.892.
- Where is TIME IS LUCK based?
- The registered office is at Schoonaardebaan 57, 9200 Dendermonde.Company details
- What does TIME IS LUCK do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of TIME IS LUCK?
- TIME IS LUCK is a private limited company (BV).
- When was TIME IS LUCK founded?
- TIME IS LUCK was founded on 25-09-2014.
- Is TIME IS LUCK still active?
- Yes, TIME IS LUCK is an active enterprise in the KBO register.
- What is the turnover of TIME IS LUCK?
- The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €11,083 and 38 comparable companies (NACE 46190). It probably lies between €42,000 and €150,000. It is a rough estimate.Financials
- Is TIME IS LUCK profitable?
- In financial year 2025, TIME IS LUCK made a loss of €9,575.
- Where can I find the annual accounts of TIME IS LUCK?
- TIME IS LUCK filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIME IS LUCK due?
- TIME IS LUCK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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