Equity
€56,246 from €132,586 in 2021
Equity fell by 58% in 4 years.
TIME LOGISTICS
Lifetime
19 annual accounts with figures on one time axis, 38 filings since 1984peak €206,908 (2012)
-€11,068▼ €7,887
lowest -€35,141 (2013)
-€20,031▲ €2,116
peak €132,586 (2021)
€56,246▼ 26.3%
€97,586▼ 8.5%
peak 6 FTE (2012)
-not published
Board1 name since 2010
1 director
Documentsfilings and deeds
30-10-202691 days late
2025micro format
Judicial dissolution, liquidator appointed 26-02Gross margin from -€3,181 to -€11,068Loss of €20,031Judicial annulment 17-04Equity from €76,277 to €56,246
Key points
from the 2025 annual accountsLosses
-€76,340 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Filings
38 annual accounts 91 days
Latest accounts filed late: after the legal deadline.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as TIME LOGISTICS has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% 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 5,828 companies, not a prediction for TIME LOGISTICS. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424661842
Judicial annulment
Gazette deed
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Mons division · Harvengt Melanie · judgment of 17-02-2025 · Bankruptcy
Registered office moved from Nivelles to La Louvière
New registered office: Rue du Gros Saule 60, 7110 La Louvière · Previous registered office: Rue de l’Industrie 12, 1400 Nivelles · Change of role: , from manager to director · General meeting of 11-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIME LOGISTICS La Louvière | €153,831 | -€11,068 | 36.6% | - |
| EURO - SNEF CONTAIN Seneffe | €126,744 | -€8,985 | -193.4% | 0.6 |
| Etablissements Emile Totté Seneffe | €146,095 | -€712 | 69.2% | - |
| HERVAPAL Wuustwezel | €160,875 | -€27,753 | 4.7% | - |
| LIEFHOOGHE Ypres | €122,620 | -€366 | 99.8% | - |
| NEXIA DISTRIBUTION Charleroi | €139,328 | -€4,752 | 98.6% | - |
| T.D.G.E.INVEST Seneffe | €88,169 | €209 | -86.2% | - |
These companies have the same main activity as TIME LOGISTICS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €88,200 and €161,000, founded between 1974 and 1993.
Official details
Source: KBO- Status
- Active since 06-10-1983Normal situation
- Activity
- Freight transport by roadNACE 49410
- Joint committee
- 140.03Road transport and logistics for third parties · annual accounts 2024
- Establishment unit
- 2.023.199.3737110 La Louvière, since 10-10-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on TIME LOGISTICS
TIME LOGISTICS files the micro format. That format states no turnover. The gross margin fell from €54,627 in 2007 to -€11,068 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 LOGISTICS
- What is the company number of TIME LOGISTICS?
- The company number of TIME LOGISTICS is 0424.661.842. The VAT number is the same number with BE in front: BE 0424.661.842.
- Where is TIME LOGISTICS based?
- The registered office is at Rue du Gros Saule (H-G) 60, 7110 La Louvière.Company details
- What does TIME LOGISTICS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of TIME LOGISTICS?
- TIME LOGISTICS is a private limited company (BV).
- When was TIME LOGISTICS founded?
- TIME LOGISTICS was founded on 06-10-1983.
- Is TIME LOGISTICS still active?
- Yes, TIME LOGISTICS is an active enterprise in the KBO register.
- How many employees does TIME LOGISTICS have?
- TIME LOGISTICS had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does TIME LOGISTICS fall under?
- In its 2024 annual accounts, TIME LOGISTICS states joint committee 140.03 (Road transport and logistics for third parties).
- What is the turnover of TIME LOGISTICS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is TIME LOGISTICS profitable?
- In financial year 2025, TIME LOGISTICS made a loss of €20,031.
- Where can I find the annual accounts of TIME LOGISTICS?
- TIME LOGISTICS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIME LOGISTICS due?
- TIME LOGISTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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