Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Lower solvency than 90% of companies in employment activities. Sector median 54.1% · 980 companies.
In July 2024, 1,324 companies had the same profile as Time4You has now. Each dot stands for 4 companies, two years later.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,324 companies, not a prediction for Time4You. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Time4You Sint-Pieters-Leeuw | €2,197 | -€3,310 | -14.4% | - |
| KTL Solutions Rotselaar | €1,585 | -€1,294 | -43.8% | - |
| TALENTVENTURE Lasne | €1,445 | -€1,300 | -74.1% | - |
| QUAREER Oudenaarde | €1,254 | -€1,461 | 42.9% | - |
| Future Finance Publications Turnhout | €2,113 | -€1,599 | -81.3% | - |
| GREENSHOETALENT Antwerp | €4,190 | -€32,257 | -717.2% | - |
| Us3 Consulting Brussels | €1,292 | -€338 | -144.5% | - |
These companies have the same main activity as Time4You: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €1,250 and €4,190, founded between 2022 and 2025.
The 2024 annual accounts show negative equity (-€315) and a net result of -€3,315. Its solvency ranks better than 10% of 980 sector peers (NACE 78, financial year 2024).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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