Time4Kids
ActiveSummary
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 2,847 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TIME4KIDS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, voor zover geen wijziging van toepasselijk taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, bestuursorgaan” (deed in Dutch)“Geldelijke toelage en voordelen in natura, vergoeding bestuurders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht algemene vergadering een of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen,vergoeding te bepalen, bestuurder(s) in…” (deed in Dutch)