Time2Give
ActiveSummary
Time2Give has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,539 and a net result of €80,176. Equity is shrinking by ~45.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+11
Solvency34▲+20
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.87 in 2024; short-term debt: 90.9% and cash: 41.4% of total assets), and 90.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.1%
Return on assets
17.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 127 sector peers (2025).
NBB · sector comparisonPosition among 127 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
15 d early
2023
on the day
2022
46 d early
2021
5 d late
2020
31 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 company by total assets in Rixensart, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€80,176▲ 182%
2024 · €28,477
Working capital
€36,877
2024 · -€46,403
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€21,045▼ 4.8%-€54,582▼ 159%-€15,080▲ 72.4%€31,979€86,038▲ 169%
Net result-€28,013▼ 14.3%-€57,295▼ 105%-€21,892▲ 61.8%€28,477€80,176▲ 182%
Equity€13,073▼ 68.2%-€44,222-€66,114▼ 49.5%-€37,637▲ 43.1%€42,539
Total assets€210,673▲ 13.2%€241,197▲ 14.5%€285,701▲ 18.5%€332,488▲ 16.4%€468,123▲ 40.8%
Debt€197,600▲ 36.2%€285,419▲ 44.4%€351,815▲ 23.3%€370,125▲ 5.2%€425,583▲ 15.0%
Working capital€176▼ 99.4%-€51,052-€73,091▼ 43.2%-€46,403▲ 36.5%€36,877
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 169% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468,123
Fixed assets
€5,662 ▼ 35.4%
Current assets
€462,460 ▲ 42.9%
Equity and liabilities €468,123
Equity
€42,539
Debt
€425,583
Debt finances 90.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€90,166▲
2024 · €37,774
Cash flow
€84,304▲
2024 · €34,272
Current ratio
1.09▲
2024 · 0.87
Quick ratio
0.73▲
2024 · 0.34
Debt to equity
10.00▲
2024 · -9.83
ROE
188.5%
ROA
17.1%▲
2024 · 8.6%
Interest coverage
14.60▲
2024 · 11.53
Debt ≤ 1 year
€425,583▲
2024 · €370,125
Income taxes
€349▼
2024 · €488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 534 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 534 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,519 | €6,017 | €5,429 | €5,795 | €4,127 | ▼ 28.8% |
| Other operating charges640/8 | €475 | €720 | €3,671 | €513 | €560 | ▲ 9.0% |
| Gross operating margin9900 | -€16,051 | -€47,845 | -€5,980 | €38,287 | €90,725 | ▲ 137% |
| Operating profit (loss)9901 | -€21,045 | -€54,582 | -€15,080 | €31,979 | €86,038 | ▲ 169% |
| Financial income75/76B | €67 | €447 | - | €261 | €664 | ▲ 154% |
| Recurring financial income75 | €67 | €447 | - | €261 | €664 | ▲ 154% |
| Financial charges65/66B | €7,036 | €3,043 | €6,813 | €3,275 | €6,177 | ▲ 88.6% |
| Recurring financial charges65 | €7,036 | €3,043 | €6,813 | €3,275 | €6,177 | ▲ 88.6% |
| Profit (loss) for the period before taxes9903 | -€28,013 | -€57,179 | -€21,892 | €28,965 | €80,525 | ▲ 178% |
| Income taxes67/77 | - | €116 | - | €488 | €349 | ▼ 28.5% |
| Profit (loss) for the period9904 | -€28,013 | -€57,295 | -€21,892 | €28,477 | €80,176 | ▲ 182% |
| Profit (loss) for the period to be appropriated9905 | -€28,013 | -€57,295 | -€21,892 | €28,477 | €80,176 | ▲ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210,673 | €241,197 | €285,701 | €332,488 | €468,123 | ▲ 40.8% |
| Fixed assets21/28 | €14,048 | €8,030 | €6,977 | €8,766 | €5,662 | ▼ 35.4% |
| Intangible fixed assets21 | €7,184 | €3,884 | €1,709 | - | - | - |
| Tangible fixed assets22/27 | €6,839 | €4,121 | €5,243 | €8,741 | €5,662 | ▼ 35.2% |
| Furniture and vehicles24 | €5,371 | €3,020 | €4,509 | €8,374 | €5,662 | ▼ 32.4% |
| Other tangible fixed assets26 | €1,468 | €1,101 | €734 | €367 | - | - |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | - | - |
| Current assets29/58 | €196,626 | €233,167 | €278,725 | €323,722 | €462,460 | ▲ 42.9% |
| Stocks and contracts in progress3 | €126,290 | €116,029 | €191,041 | €199,129 | €153,829 | ▼ 22.7% |
| Stocks30/36 | €126,290 | €116,029 | €191,041 | €199,129 | €153,829 | ▼ 22.7% |
| Amounts receivable within one year40/41 | €2,644 | €75,960 | €29,185 | €24,909 | €114,988 | ▲ 362% |
| Trade receivables40 | €2,644 | €75,960 | €16,879 | €14,261 | €102,187 | ▲ 617% |
| Other amounts receivable41 | - | - | €12,306 | €10,648 | €12,801 | ▲ 20.2% |
| Cash at bank and in hand54/58 | €52,273 | €41,179 | €58,499 | €99,684 | €193,643 | ▲ 94.3% |
| Deferred charges and accrued income490/1 | €15,418 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210,673 | €241,197 | €285,701 | €332,488 | €468,123 | ▲ 40.8% |
| Equity10/15 | €13,073 | -€44,222 | -€66,114 | -€37,637 | €42,539 | ▲ 213% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €13,860 | €13,860 | €13,860 | €13,860 | €13,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | -€6,987 | -€64,282 | -€86,174 | -€57,697 | €22,479 | ▲ 139% |
| Amounts payable17/49 | €197,600 | €285,419 | €351,815 | €370,125 | €425,583 | ▲ 15.0% |
| Amounts payable within one year42/48 | €196,450 | €284,219 | €351,815 | €370,125 | €425,583 | ▲ 15.0% |
| Trade debts44 | €16,686 | €52,113 | €16,059 | €11,762 | €67,566 | ▲ 474% |
| Suppliers440/4 | €16,686 | €52,113 | €16,059 | €11,762 | €67,566 | ▲ 474% |
| Taxes, remuneration and social security45 | €20,613 | €26,329 | €36,242 | €8,284 | €17,331 | ▲ 109% |
| Taxes450/3 | €18,130 | €23,821 | €33,242 | €6,284 | €17,331 | ▲ 176% |
| Remuneration and social security454/9 | €2,484 | €2,507 | €3,000 | €2,000 | - | - |
| Other amounts payable47/48 | €159,151 | €205,777 | €299,515 | €350,079 | €340,686 | ▼ 2.7% |
| Accrued charges and deferred income492/3 | €1,150 | €1,200 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,013 | -€57,295 | -€21,892 | €28,477 | €80,176 | ▲ 182% |
| + Depreciation and write-downs630 | €4,519 | €6,017 | €5,429 | €5,795 | €4,127 | ▼ 28.8% |
| Operating cash flow (approximation) | -€23,494 | -€51,277 | -€16,463 | €34,272 | €84,304 | ▲ 146% |
| Investment in fixed assets (approximation) | - | €0 | -€4,376 | -€7,585 | -€1,024 | ▲ 86.5% |
| Change in cash | - | -€11,095 | €17,320 | €41,185 | €93,959 | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Highest result since 2018net €80,176 ▲182%
Operating result €86,038, net result €80,176, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €28,477
Net result €28,477 after 5 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€57,295
Net result drops to -€57,295, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2013
Ground area
2,076 m²
Building footprint
140 m²
Parcel 25092B0360/00M000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Time2Give
since 20132.217.829.180
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25092B0360/00M000 | Wallonia | 2,076 m² | 1 · 140 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SYNED
BE 0776.814.206
Ukkel · Eq €37,423
WATCH-MAKER
BE 0764.543.904
Perwez · Eq €35,087
ALEXANDRA
BE 0441.134.620
Braine-l'Alleud · Eq €55,083
SOMETIMES
BE 0800.394.708
Marche-en-Famenne · Eq €31,928
AN-HOR
BE 0472.285.278
Brussel · Eq €28,033
Of 63 companies in sector 26520 we hold annual accounts for 32. 19 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
26520Manufacture of computer, electronic and optical products
47770Retail sale of watches and jewellery
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mail
info@time2give.be
E-mail
michael@time2give.beRixensart
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524816025
Registered
16-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.