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Time4Kids

Active
Private limited companyfounded 2016active for 10 yearsGentse Steenweg 115, 9160 Lokeren, BelgiumKBO/BCE: BE 0656.711.477
Summary

Time4Kids has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€117,728) and a net result of -€13,083. Equity is shrinking by about 17% per year across the filed financial years. Its solvency ranks better than 6% of 2,844 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Other amusement and recreation activities
NACE 93299Sports, amusement and recreation activities NACE 93210
1 site
Size
€52,342total assets 2025
Staff
6.4 FTE
Equity
-€117,728
Loss
-€13,083
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Largest shareholder
VD.S INVEST · 50%
2025 accounts filed 3 days late1 of 2 deeds summarised
Why 54raises riskCapped at 59: negative equityNegative equity -€117,728lowers riskSize: total assets €52,342Sector: Sports, amusement and recreation activities (NACE 93)Liquidity: current ratio 1.16, cash €22,843Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -224.9% of total assets
Liquidity 64+13
short-term debt 67.2% · cash 43.6%
Profitability 50+50
return on assets -25.0%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,257 companies, NACE 93, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.4%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.8%▼ -0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -0.5 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.16, compared with 0.85 in 2024, below the usual 1.5; short-term debt: 67.2% and cash: 43.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 93, micro): better than 9% on solvency, 70% on liquidity, 34% on profitability and 28% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€117,728
NBB · annual accounts
lowers risk · Size: total assets €52,342
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
lowers risk · Liquidity: current ratio 1.16, cash €22,843
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€117,728
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 9 filings
Deviation from the deadline
2025
3 days late
2024
18 days late
2023
120 days early
2022
7 days early
2021
15 days early
2020
30 days early
2019
31 days 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 17 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% 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 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€37,472

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€117,728 View
  • Positive: Staff rose in 2025from 2.2 FTE to 6.4 FTE ▲ 191% View
  • Caution: Among the weakest 6% on solvencysector median 27.9% · 2,844 companies -224.9% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€13,083 View

By topic

Financials

Financial year
2025
Total assets
€52,342
Loss
-€13,083
Solvency
-224.9%
Total assets▼ 22.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
VD.S INVEST · 50%
  • BAUTERS Elisa Andrea ChristineDirector
  • VD.S INVESTDirector
Go to Board & ownership

Timeline

Events
13
Since
2018
Next accounts
by 31-07-2027
  1. 02-04-2024Annual accounts filed
  2. 06-02-2024Resignations: DE BEENHOUWER Peter (manager) and BRAECKMAN…
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other amusement and recreation activitiesNACE 93299
Founded
16-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Time4Kids

What is the company number of Time4Kids?
0656.711.477. In Belgium the VAT number is the company number with BE in front: BE 0656.711.477.
Where is Time4Kids based?
The registered office is at Gentse Steenweg 115, 9160 Lokeren.Company details
What does Time4Kids do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of Time4Kids?
Private limited company (BV).
When was Time4Kids founded?
On 16-06-2016.
Is Time4Kids still active?
Yes, Time4Kids is an active enterprise in the KBO register.
How many employees does Time4Kids have?
On average 6.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Time4Kids?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Time4Kids profitable?
In financial year 2025, Time4Kids made a loss of €13,083.
Where can I find the annual accounts of Time4Kids?
Time4Kids filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Time4Kids due?
By 31-07-2027, for financial year 2026.Timeline

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