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TIME NET COMPANY

Active
Private limited companyfounded 2017active for 9 yearsJetsesteenweg 264, 1081 Koekelberg, BelgiumKBO/BCE: BE 0676.532.834
Summary

The computed 12-month bankruptcy probability of TIME NET COMPANY is 16.5% (high). The 2024 annual accounts show equity of €227,386 and a net result of €24,579. Equity has been growing by about 29% per year since 2018. Its solvency ranks better than 88% of 5,848 sector peers (NACE 81, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 02-06-2017 Normal situation
Registered office
100 active companies are registered at this address 12 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other building cleaning and industrial cleaning NACE 81220
Establishment unit
2.264.691.266 1060 Sint-Gillis (bij-Brussel), since 02-06-2017
Financial year end
31 December
Peppol
Reachable since 19-01-2026

Board and ownership

Financial position

20 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
16.5%
Annual accounts 2024
Gross margin
€86,784
▲ 5.7%
Turnover
≈ €270,000
estimated
Profit
€24,579
▼ 43.6%
Equity
€227,386
▲ 12.1%
Total assets
€282,241
▲ 28.0%
Staff
≈ 1.1 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk2 changes of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 168 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 23-01-2026)Size: total assets €282,241Show the evidence

Checked score

Score 2024
20 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 67% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2023
Strong
Solvency 100=
equity 80.6% of total assets
Liquidity 61-30
short-term debt 14.9% · cash 11.1%
Profitability 80-1
return on assets 8.7%
Bankruptcy probability within 12 months
16.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,709 companies, NACE 81, micro)
Last 24 months 12-2024: 5.9% 01-2025: 5.9%● unchanged vs 12-2024 02-2025: 5.9%● unchanged vs 01-2025 03-2025: 6.2%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%▼ -3.5 percentage points vs 03-2025 05-2025: 2.8%▲ +0.1 percentage points vs 04-2025 06-2025: 2.8%● unchanged vs 05-2025 07-2025: 2.4%▼ -0.4 percentage points vs 06-2025lowest value 08-2025: 3.6%▲ +1.2 percentage points vs 07-2025 09-2025: 4.4%▲ +0.8 percentage points vs 08-2025 10-2025: 8.2%▲ +3.8 percentage points vs 09-2025 11-2025: 8.4%▲ +0.2 percentage points vs 10-2025 12-2025: 9.4%▲ +1.0 percentage point vs 11-2025 01-2026: 12.1%▲ +2.7 percentage points vs 12-2025 02-2026: 4.9%▼ -7.2 percentage points vs 01-2026 03-2026: 4.9%● unchanged vs 02-2026 04-2026: 5.3%▲ +0.4 percentage points vs 03-2026 05-2026: 9.7%▲ +4.4 percentage points vs 04-2026 06-2026: 9.3%▼ -0.4 percentage points vs 05-2026 07-2026: 9.4%▲ +0.1 percentage points vs 06-2026 08-2026: 10.6%▲ +1.2 percentage points vs 07-2026 09-2026: 12.6%▲ +2.0 percentage points vs 08-2026 10-2026: 16.5%▲ +3.9 percentage points vs 09-2026highest value 11-2026: 16.5%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is ample, with a current ratio of 6.69, above the usual 1.5. Short-term debt is 14.9% and cash 11.1% of total assets. 19.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 92% of them on solvency, 64% on liquidity, 58% on profitability and 56% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 168 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 23-01-2026)
NBB · annual accounts
raises risk · Size: total assets €282,241
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 168 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-01-2026, 168 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
168 days late
2023
89 days late
2022
61 days late
2021
31 days late
2020
61 days late
2019
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 81 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in building services and landscapingsector median 41.2% · 5,848 companies 80.6% View
  • Positive: 7 profitable years in a rowprofit 2024: €24,579 7 years View
  • Board changedlatest change 10-04-2026 · 2 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Saint-Gilles to BruxellesTransfer of 100 shares · New seat: Chaussée de Jette 264/1, 1081 Bruxelles · Previous seat: Rue Théodore Verhaegen 196, 1060 Saint-Gilles
  2. · Gazette deed Registered office moved within BruxellesTransfer of 100 shares · New seat: Rue Théodore Verhaegen 192-202-1060 Bruxelles · Previous seat: Rue Berthelot 115 -1190 Bruxelles
  3. · Gazette deed Change of role: El Hamzaoui, from manager to director
All 18 events

Comparable companies

These companies have the same main activity as TIME NET COMPANY: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €233,000 and €324,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
TIME NET COMPANY Koekelberg€282,241€86,784
Seven PRO Vorst€275,868€73,042
BELGIUM CLEAN QUALITY Elsene€246,976€99,929
PALLEX Ukkel€324,476€87,474
ADDIC Chimay€286,021€70,173
STEF CONSTRUCTIONS Willebroek€232,781€96,089
FORCLEAN Sint-Agatha-Berchem€257,334€106,169
Full comparison

Key facts about TIME NET COMPANY

What is the company number of TIME NET COMPANY?
The company number of TIME NET COMPANY is 0676.532.834. The VAT number is the same number with BE in front: BE 0676.532.834.
Where is TIME NET COMPANY based?
The registered office is at Jetsesteenweg 264, 1081 Koekelberg.Company details
What does TIME NET COMPANY do?
According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of TIME NET COMPANY?
The legal form of TIME NET COMPANY is Private limited company (BV).
When was TIME NET COMPANY founded?
TIME NET COMPANY was founded on 02-06-2017.
Is TIME NET COMPANY still active?
Yes, TIME NET COMPANY is an active enterprise in the KBO register.
How many employees does TIME NET COMPANY have?
TIME NET COMPANY had an average of 2.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of TIME NET COMPANY?
The turnover in financial year 2024 is ≈ €270,000. This figure is estimated from the gross margin of €86,784 and 46 comparable companies (NACE 812). It probably lies between €170,000 and €450,000. In financial year 2023 turnover was €606,728.
Is TIME NET COMPANY profitable?
In financial year 2024, TIME NET COMPANY made a profit of €24,579.
Where can I find the annual accounts of TIME NET COMPANY?
TIME NET COMPANY filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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