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TIME TO RENOV

Active
Private limited companyfounded 2021active for 5 yearsEmile Carpentierstraat 19, 1070 Anderlecht, BelgiumKBO/BCE: BE 0763.369.610
Summary

The computed 12-month bankruptcy probability of TIME TO RENOV is 2.4% (moderate). The 2025 annual accounts show equity of €15,852 and a net result of €9,230. Equity has been growing by about 80% per year since 2021. Its solvency ranks better than 23% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-02-2021 Normal situation
Activity
Other specialised construction activities NACE 43990and 4 others
Establishment unit
2.313.953.014 1070 Anderlecht, since 08-02-2021
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2025
Gross margin
€99,103
▲ 42.4%
Turnover
≈ €500,000
estimated
Profit
€9,230
▼ 20.9%
Equity
€15,852
▲ 139%
Total assets
€74,299
▲ 82.9%
Employees on 31-12-2025
3
▲ 50.0%
  • 2025 accounts filed 58 days after the deadline
Score breakdownraises riskLast filed accounts filed 58 days late; 3 of the last 3 accounts lateSize: total assets €74,299Founded in 2021lowers riskLiquidity: current ratio 1.26, cash €16,613Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 46+5
equity 21.3% of total assets
Liquidity 35-1
short-term debt 78.7% · cash 22.4%
Profitability 84-16
return on assets 12.4%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.9% 01-2025: 2.8%▼ -0.1 percentage points vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.8%● unchanged vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.9%▲ +0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.6%▲ +0.6 percentage points vs 07-2025 09-2025: 3.8%▲ +0.2 percentage points vs 08-2025 10-2025: 5.1%▲ +1.3 percentage points vs 09-2025highest value 11-2025: 2.6%▼ -2.5 percentage points vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.5%▼ -0.1 percentage points vs 12-2025 02-2026: 2.4%▼ -0.1 percentage points vs 01-2026 03-2026: 2.5%▲ +0.1 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.6%▲ +0.1 percentage points vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 3.2%▲ +0.6 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.4%▼ -1.1 percentage points vs 09-2026lowest value 11-2026: 2.4%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.17 in 2024), below the usual 1.5. Short-term debt is 78.7% and cash 22.4% of total assets. 78.7% 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 43, micro). It does better than 23% of them on solvency, 23% on liquidity, 67% on profitability and 94% 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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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 58 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.26, cash €16,613
NBB · annual accounts
raises risk · Size: total assets €74,299
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 · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 34954 sector peers (2025).
NBB · sector comparison
Position among 34954 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 58 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-09-2026, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
58 days late
2024
92 days late
2023
55 days late
2022
25 days early
2021
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 September (4 of the last 5 accounts filed within 73 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as TIME TO RENOV: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €61,800 and €111,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
TIME TO RENOV Anderlecht€74,299€99,103
GOK DS Brussel€61,831€98,248
HeyLoc Herstal€76,127€97,139
LKE Construct Hasselt€73,974€88,511
T&T Floreffe€83,718€93,949
DATEIX RENOVATION Anderlecht€100,135€110,042
BUILDING SPIRIT Evere€110,578€90,120
Full comparison

Key facts about TIME TO RENOV

What is the company number of TIME TO RENOV?
The company number of TIME TO RENOV is 0763.369.610. The VAT number is the same number with BE in front: BE 0763.369.610.
Where is TIME TO RENOV based?
The registered office is at Emile Carpentierstraat 19, 1070 Anderlecht.Company details
What does TIME TO RENOV do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of TIME TO RENOV?
The legal form of TIME TO RENOV is Private limited company (BV).
When was TIME TO RENOV founded?
TIME TO RENOV was founded on 08-02-2021.
Is TIME TO RENOV still active?
Yes, TIME TO RENOV is an active enterprise in the KBO register.
How many employees does TIME TO RENOV have?
TIME TO RENOV had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TIME TO RENOV?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €99,103 and 68 comparable companies (NACE 43990). It probably lies between €380,000 and €1.0m.
Is TIME TO RENOV profitable?
In financial year 2025, TIME TO RENOV made a profit of €9,230.
Where can I find the annual accounts of TIME TO RENOV?
TIME TO RENOV filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIME TO RENOV due?
TIME TO RENOV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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