TIME IS MONEY
ActiveSummary
TIME IS MONEY has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €4k. Equity is growing by ~71.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-4
Solvency31▲+3
Growth42=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
5.6%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8663 sector peers (2025).
NBB · sector comparisonPosition among 8663 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
16 d early
2023
23 d early
2022
25 d early
2021
26 d early
2020
15 d early
2019
28 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€90k▼ 9.3%
2022 · €99k
2019: €106k
2020: €46k
2021: €88k
2022: €99k
2019 → 2023
EBIT margin
16.8%▼ 2.1pp
2022 · 18.9%
2019: -12.2%
2020: -4.1%
2021: 24.0%
2022: 18.9%
2019 → 2023
Net result
€4k▼ 19.2%
2024 · €5k
2018: €16k
2019: €-21k
2020: €-10k
2021: €10k
2022: €18k
2023: €5k
2024: €5k
2018 → 2025
Working capital
€36k▲ 3.6%
2024 · €34k
2018: €32k
2019: €23k
2020: €10k
2021: €17k
2022: €19k
2023: €26k
2024: €34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€88k-€99k▲ 12.5%€90k▼ 9.3%
Equity€-23k-€-5k▲ 76.4%€-605▲ 88.9%€4k€8k▲ 92.3%
Operating result€21k-€19k▼ 11.2%€15k▼ 19.5%€15k▲ 0.1%€12k▼ 20.7%
Net result€10k-€18k▲ 68.0%€5k▼ 72.5%€5k▲ 0.7%€4k▼ 19.2%
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 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€29k ▼ 21.1%
Current assets
€118k ▲ 24.9%
Equity and liabilities €146k
Equity
€8k ▲ 92.3%
Debt
€138k ▲ 9.4%
Debt's share of the balance-sheet total falls from 96.7% to 94.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2024 · €26k
Cash flow
€15k▼
2024 · €16k
Current ratio
1.43▼
2024 · 1.57
Quick ratio
1.42▼
2024 · 1.55
Debt to equity
16.81▼
2024 · 29.55
ROE
48.0%▼
2024 · 114.2%
ROA
2.7%▼
2024 · 3.7%
Interest coverage
2.62▼
2024 · 2.94
Debt ≤ 1 year
€82k▲
2024 · €60k
Debt > 1 year
€56k▼
2024 · €66k
Income taxes
€3k▼
2024 · €4k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€130k€146k▲
Fixed assets21/28€36k€29k▼
Tangible fixed assets22/27€36k€29k▼
Land and buildings22€27k€19k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€5k€6k▲
Other tangible fixed assets26€458€198▼
Financial fixed assets28€69€69=
Current assets29/58€94k€118k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€88k€110k▲
Trade receivables40€31k€39k▲
Other amounts receivable41€57k€71k▲
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€512€2k▲
Equity and liabilities
Total equity and liabilities10/49€130k€146k▲
Equity10/15€4k€8k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€860€860=
Non-distributable reserves130/1€729€729=
Legal reserve130€729€729=
Tax-exempt reserves132€131€131=
Profit (loss) carried forward14€-3k€1k▲
Amounts payable17/49€126k€138k▲
Amounts payable after more than one year17€66k€56k▼
Financial debts170/4€66k€56k▼
Amounts payable within one year42/48€60k€82k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43€20k€30k▲
Credit institutions430/8€20k€30k▲
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Advances received on contracts in progress46€12k€25k▲
Taxes, remuneration and social security45€12k€5k▼
Taxes450/3€12k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€42-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€1k€1k▲
Gross operating margin9900€29k€24k▼
Operating profit (loss)9901€15k€12k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€9k€7k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€1k▲
Profit (loss) brought forward from the previous period14P€-8k€-3k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €18k ▲68%
Net result €18k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-21k ▼238%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ternat · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sluisvijverstraat 311742 TernatGround area
551 m²
Building footprint
99 m²
Volume, LiDAR
555 m³
Parcel 23071A0077/00R010, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sluisvijverstraat 31, 1742 Ternat
since 20002.103.249.119
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071A0077/00R010 | Flanders | 551 m² | 1 · 99 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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BE 0741.712.280
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KAS VENTURES
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ESTRATEGISTS
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START SMART
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Seneffe · Eq €8,217
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 20,762 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
81100Combined facilities support activities
82100Office administrative and support services
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.