Time is Ripe
ActiveTime is Ripe has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €-5k. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-37
Solvency84▲+7
Growth36▼-17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.79 in 2023; short-term debt: 41.2% of total assets), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.8%
Return on assets
-4.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
55 d late
2022
70 d late
2021
78 d late
2020
72 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€158k▲ 23.3%
2019 · €128k
2018: €149k
2019: €128k
2018 → 2020
EBIT margin
28.7%▲ 15.8pp
2019 · 12.8%
2018: 16.5%
2019: 12.8%
2018 → 2020
Net result
€-5k
2023 · €42k
2018: €17k
2019: €10k
2020: €30k
2021: €18k
2022: €21k
2023: €42k
2018 → 2024
Working capital
€57k▲ 0.6%
2023 · €56k
2018: €121k
2019: €64k
2020: €55k
2021: €64k
2022: €29k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€158k-
Equity€56k-€73k▲ 31.7%€34k▼ 53.5%€76k▲ 124%€71k▼ 6.8%
Operating result€45k-€28k▼ 37.8%€34k▲ 19.1%€58k▲ 74.1%€-829
Net result€30k-€18k▼ 41.8%€21k▲ 18.3%€42k▲ 102%€-5k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €829 after €58k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121k
Fixed assets
€14k▼ 27.9%
Current assets
€107k▼ 16.4%
Equity and liabilities €121k
Equity
€71k▼ 6.8%
Debt
€50k▼ 29.9%
The debt ratio falls from 48.2% to 41.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €66k
Cash flow
€2k▼
2023 · €49k
Solvency
58.8%▲
2023 · 51.8%
Current ratio
2.14▲
2023 · 1.79
Quick ratio
2.14▲
2023 · 1.79
Debt / equity
0.70▼
2023 · 0.93
ROE
-7.3%▼
2023 · 55.3%
ROA
-4.3%▼
2023 · 28.6%
Interest coverage
6.29▼
2023 · 90.09
Debt
€50k▼
2023 · €71k
Debt ≤ 1 year
€50k▼
2023 · €71k
Income taxes
€3k▼
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€147k€121k▼
Fixed assets21/28€20k€14k▼
Tangible fixed assets22/27€20k€14k▼
Furniture and vehicles24€17k€13k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€38€38=
Current assets29/58€127k€107k▼
Amounts receivable within one year40/41€100k€107k▲
Trade receivables40€11k€19k▲
Other amounts receivable41€89k€88k▼
Cash at bank and in hand54/58€27k-
Equity and liabilities
Total equity and liabilities10/49€147k€121k▼
Equity10/15€76k€71k▼
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€62k€57k▼
Amounts payable17/49€71k€50k▼
Amounts payable within one year42/48€71k€50k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€32k€6k▼
Suppliers440/4€32k€6k▼
Advances received on contracts in progress46-€23k
Taxes, remuneration and social security45€39k€17k▼
Taxes450/3€39k€13k▼
Remuneration and social security454/9-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€20-
Gross operating margin9900€66k€6k▼
Operating profit (loss)9901€58k€-829▼
Financial charges65/66B€729€976▲
Recurring financial charges65€729€976▲
Profit (loss) for the period before taxes9903€58k€-2k▼
Income taxes67/77€16k€3k▼
Profit (loss) for the period9904€42k€-5k▼
Profit (loss) for the period to be appropriated9905€42k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€57k▼
Profit (loss) brought forward from the previous period14P€20k€62k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼112%
Net result drops to €-5k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Highest result since 2018net €42k ▲102%
Operating result €58k, net result €42k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 45 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 1 establishment unit since 2012
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.
Avenue des Dryades 121410 WaterlooGround area
1,415 m²
Building footprint
460 m²
Volume, LiDAR
7,164 m³
2 parcels, Brussels, Wallonia · tallest building 23.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Batavierenstraat 49, 1040 Etterbeek
since 20122.206.178.094
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0833/00S007 | Wallonia | 989 m² | 1 · 163 m² | 9.8 m · 2 fl. |
| 21362B0273/00Y007 | Brussels | 426 m² | 1 · 298 m² | 23.7 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
V.D.-Q-
BE 0873.725.223
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Zuskus
BE 0568.899.951
Deinze · Eq €71k
WHITE TOUCH
BE 0508.687.202
Mons · Eq €71k
J.J.
BE 0445.380.547
Ukkel · Eq €71k
Project O2
BE 0765.163.516
Brussel · Eq €71k
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,968 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-01-2012
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
58290Other software publishing
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.