Time2clean
A bankruptcy procedure is open for Time2clean according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €72k and a net result of €38k.
| Equity | €72k |
| Net result | €38k |
| Better than sector | 72% |
| Active | 6 yrs |
Strong profile, led by profitability.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.8% | 29.5% | |
| Net result | €38k | €7k | |
| Equity | €72k | €10k | |
| Gross operating margin | €50k | €21k | |
| Total assets | €125k | €62k |
| Fiscal year | 2021 |
|---|---|
| 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) | — |
| 2021 | |
|---|---|
| Current ratio | 2.36 |
| Quick ratio | 2.36 |
| Working capital ratio | 57.5% |
| Solvency | 57.8% |
| Debt / equity | 0.73 |
| Long-term debt ratio | — |
| Interest coverage | 529.00 |
| Gross margin | — |
| Net margin | — |
| ROA | 30.8% |
| ROE | 53.3% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2021 |
|---|---|---|
| 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 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LAURENT SAMYN MEXICOSTRAAT 8, 8730 BEERNEM- |
06-05-2024 → present | Belgian State Gazette |
| NACE primary | General cleaning of buildings(81210) |
| Legal form | Private limited company(610) |
| Incorporation | 05-12-2019 |
| Status | Active |
| Postal code | 8490 |
| First BS signal | 16-05-2024 |
| Latest BS signal | 16-05-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0292/00C002 | Flanders | 335 m² | 1 · 87 m² | — |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-02-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "sole_shareholder_declaration",
"role": "enige_bestuurder",
"person": {
"rrn": null,
"name": "Demeulenaere, Garence",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "confirmation",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "Hierbij wenst het bestuur deze verklaring neer te leggen en bekend te maken overeenkomstig het artikel 2:8,\u00A74 en 2:14 van het Wetboek van Vennootschappen en Verenigingen.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-20",
"filing_date": "2023-02-08",
"act_kind_objet": "Neerlegging verklaring vereniging van aandelen in \u00E9\u00E9n hand"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-10-27",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0738.775.754",
"name_full": "Time2clean BV",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Demeulenaere, Garence",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"verklaring dd. 27/10/2022 aangaande de vereniging van aandelen in \u00E9\u00E9n hand overeenkomstig artikel 2:8,\u00A74 en 2:14 van het Wetboek van Vennootschappen en Verenigingen"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Time2clean |