Skip to content

Time2clean

Active
Private limited company·Algemene reiniging van gebouwen· 6 yrs active
Bonsecoursstraat 2 ·8490 Jabbeke, Belgium
Open bankruptcy
BE 0738.775.754
Watch Print / PDF
Turnover
EBIT margin
Net result€38k+55.5%
Working capital€72k+106.7%
Directors1
CSV export

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 28-07-2022 with the NBB · fiscal year 2021 · micro
€0€20k€40kOperating result 2019: €12k€12kNet result 2019: €10k€10kOperating result 2020: €31k€31kNet result 2020: €25k€25kOperating result 2021: €50k€50kNet result 2021: €38k€38k201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 81 — Cleaning & landscape services · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 57.8% 29.5%
better than 72% of 48 sector peers
Net result €38k €7k
better than 85% of 48 sector peers
Equity €72k €10k
better than 90% of 48 sector peers
Gross operating margin €50k €21k
better than 67% of 48 sector peers
Total assets €125k €62k
better than 81% of 48 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€50k
+43.8% 19–21
Net profit
€38k
+55.5% 19–21
Cash flow
€39k
+37.0% 19–21
Total assets
€125k
+122.5% 19–21
Equity
€72k
+104.3% 19–21
Working capital
€72k
+106.7% 19–21
Staff costs
€43
19–21
Income taxes
€16k
+81.0% 19–21
Dividends
€2k
+100.0% 19–21
Debt
€53k
+153.6% 19–21
Debt ≤ 1y
€53k
+153.6% 19–21
Current ratio
2.36
-11.6% 19–21
Quick ratio
2.36
-11.6% 19–21
Solvency
57.8%
-8.2% 19–21
Debt / equity
0.73
19–21
ROE
53.3%
-23.9% 19–21
ROA
30.8%
-30.1% 19–21
Interest coverage
529.00
19–21
Figures by fiscal year
Fiscal year2021
Revenue
EBITDA€50k
Net profit€38k
Cash flow€39k
Staff costs€43
Income taxes€16k
Dividends€2k
Total assets€125k
Equity€72k
Debt€53k
of which ≤ 1y€53k
of which > 1y
Working capital€72k
Employees (FTE)
Ratios (computed)
2021
Current ratio2.36
Quick ratio2.36
Working capital ratio57.5%
Solvency57.8%
Debt / equity0.73
Long-term debt ratio
Interest coverage529.00
Gross margin
Net margin
ROA30.8%
ROE53.3%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€125k
Fixed assets 21/28€421
Tangible fixed assets 22/27€421
Current assets 29/58€124k
Amounts receivable within one year 40/41€15k
Cash & bank 54/58€2k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€125k
Equity 10/15€72k
Contributions / capital 10/11€2k
Reserves 13€71k
Amounts payable 17/49€53k
Amounts payable within one year 42/48€53k
Trade debts payable within one year 44€18k
Income statement
Gross operating margin 9900€50k
Operating result 9901€50k
Financial income 75€5k
Financial charges 65€94
Result before taxes 9903€54k
Income taxes 67/77€16k
Net result for the period 9904€38k
Result to be appropriated 9905€38k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
41 / 100 Weak
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.