Summary
timelab has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €206,129 and a net result of €19,110. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2016 are too old to assess current financial health.
Axes, FY 2016
Profitability56
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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Signals
Five 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 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2016Solvency, return and age of the figures
Solvency
80.8%
Return on assets
7.5%
Age of the figures
117 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 18-07-2017, 13 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2016
13 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2016, abbreviated schema
Equity
€206,129
Total assets
€254,990
Net result
€19,110
Working capital
€194,717
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €254,990
Fixed assets
€12,441
Current assets
€242,549
Equity and liabilities €254,990
Equity
€206,129
Debt
€48,861
Debt finances 19.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€23,554
Cash flow
€23,452
Current ratio
5.07
Debt to equity
0.00
ROE
9.3%
ROA
7.5%
Debt ≤ 1 year
€47,832
Debt > 1 year
€700
Annual accounts
| Line | 2016 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,342 |
| Gross operating margin9900 | €206,042 |
| Operating profit (loss)9901 | €19,212 |
| Recurring financial income75 | €173 |
| Recurring financial charges65 | €275 |
| Profit (loss) for the period before taxes9903 | €19,110 |
| Profit (loss) for the period9904 | €19,110 |
| Profit (loss) for the period to be appropriated9905 | €19,110 |
| Line | 2016 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €254,990 | |
| Fixed assets21/28 | €12,441 | |
| Tangible fixed assets22/27 | €5,291 | |
| Financial fixed assets28 | €7,150 | |
| Current assets29/58 | €242,549 | |
| Amounts receivable within one year40/41 | €58,294 | |
| Cash at bank and in hand54/58 | €183,951 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €254,990 | |
| Equity10/15 | €206,129 | |
| Profit (loss) carried forward14 | €206,129 | |
| Amounts payable17/49 | €48,861 | |
| Amounts payable after more than one year17 | €700 | |
| Amounts payable within one year42/48 | €47,832 | |
| Trade debts44 | €33,036 | |
| Line | 2016 |
|---|---|
| Profit (loss) for the period9904 | €19,110 |
| + Depreciation and write-downs630 | €4,342 |
| Operating cash flow (approximation) | €23,452 |
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
2026
18-09
State Gazette act
Resignations: Jeffrey Thielens, Ludwig Henry and 2 othersAppointments: Reinhilde Lambert, Ilse Scheirlinck and Joke Vandenabeele14 facts ▸
State Gazette act
Resignations: Jeffrey Thielens, Ludwig Henry and 2 others
Appointments: Reinhilde Lambert, Ilse Scheirlinck and Joke Vandenabeele14 facts ▸
- Director resignation, Jeffrey Thielens
- Director resignation, Ludwig Henry
- Director appointment, Reinhilde Lambert
- Director appointment, Ilse Scheirlinck
- Director resignation, Peter Vanden Abeele
- Director resignation, Helena De Smet
- Director appointment, Joke Vandenabeele
- Board composition, Christophe Peeters (director)
- Board composition, Veerle Rijckaert (director)
- Board composition, Sien Wissels (director)
- Board composition, Reinhilde Lambert (director)
- Board composition, Ilse Scheirlinck (director)
- +2 further facts in this act
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
State Gazette actNBB filing
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26117786). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ilse Scheirlinck
CurrentDirector · since 23-10-2025
Reinhilde Lambert
CurrentDirector · since 23-10-2025
Joke Vandenabeele
CurrentDirector · since 26-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1989
Ground area
138 m²
Building footprint
144 m²
Volume, LiDAR
1,478 m³
Parcel 44807G0888/00N004, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TIMELAB
since 19892.143.459.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0888/00N004 | Flanders | 138 m² | 1 · 144 m² | 14.7 m · 4 fl. |
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.
Mandate history
7 people since 2025, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ilse Scheirlinck |
|
| Reinhilde Lambert |
|
| Joke Vandenabeele |
|
| Helena De Smet |
|
| Peter Vanden Abeele |
|
| Jeffrey Thielens |
|
| Ludwig Henry |
|
Articles of association
Who signs
“Artikel 24 - Vertegenwoordiging Het Bestuursorgaan vertegenwoordigt als college de vereniging in alle handelingen in en buiten rechte. Het Bestuursorgaan vertegenwoordigt de vereniging door de meerderheid van zijn leden. Daarnaast wordt de vereniging in en buiten rechte vertegenwoordigd door twee…”
Full text
Artikel 24 - Vertegenwoordiging Het Bestuursorgaan vertegenwoordigt als college de vereniging in alle handelingen in en buiten rechte. Het Bestuursorgaan vertegenwoordigt de vereniging door de meerderheid van zijn leden. Daarnaast wordt de vereniging in en buiten rechte vertegenwoordigd door twee bestuurders die gezamenlijk handelen. Het Bestuursorgaan of de bestuurders die de vereniging vertegenwoordigen, kunnen gevolmachtigden aanstellen. Alleen bijzondere en beperkte volmachten voor bepaalde handelingen zijn toegelaten.
Duration
Unlimited
Purpose
Residenties; Workshops; Debatten; Creatieprojecten; Maken; Events; Tentoonstellingen; Publicaties; Horeca-activiteiten; Open onderzoeksplek voor nieuwe samenwerkingsmodellen en…
Full purpose (10 activities)
- Residenties
- Workshops
- Debatten
- Creatieprojecten
- Maken
- Events
- Tentoonstellingen
- Publicaties
- Horeca-activiteiten
- Open onderzoeksplek voor nieuwe samenwerkingsmodellen en slimme systemen onder impuls van artistieke praktijk; kunst als katalysator voor samenleving in beweging onderzoeken en versterken via empirisch waarneembare experimenten en reflectie
Name clause
Timelab vzw
Registered office clause
Vlaamse Gewest, Kogelstraat 34, 9000 Gent
Other statement
Onderschrijft principes en regels van democratie, Europees Verdrag van de Rechten van de Mens, Fair Practice en Goed bestuur
Artikel 8. Rechten en plichten van de leden
Inzage, permanent via online platform; op eenvoudig verzoek op zetel; geen verplaatsing; enkel digitale toegang of ter plaatse
Lidmaatschapsbijdrage, 0
Uitsluiting, enkel naam lid
Geen aanspraak op vermogen door leden, erfgenamen of rechthebbenden; geen terugvordering bijdragen; geldt te allen tijde
Hoogste orgaan, samengesteld uit alle effectieve leden, bezit alle bevoegdheden door wet of statuten toegekend
Enkel beraadslagen over onderwerpen op de agenda, Agenda Algemene Vergadering
Quorum en besluitvorming Algemene Vergadering, geen aanwezigheidsquorum behalve wet of statuten
Verloop van vergadering en vragenrecht, in belang van vereniging indien schade of strijd met wettelijke/contractuele vertrouwelijkheidsverplichtingen
Stemrecht en bijzondere meerderheden Algemene Vergadering, gewone meerderheid van geldig uitgebrachte stemmen
Vaste vertegenwoordiger rechtspersoon-bestuurder, hoofdelijk aansprakelijk alsof zelf mandaat in eigen naam en voor eigen rekening had uitgevoerd
Regels inzake openbaarmaking benoeming en beëindiging mandaat rechtspersoon-bestuurder zijn ook van toepassing op diens vaste vertegenwoordiger, Openbaarmaking…
Mogelijkheid van coöptatie van bestuurders is uitgesloten, Coöptatie
Bekendmaking benoeming en einde mandaat, neerlegging verenigingsdossier ondernemingsrechtbank en publicatie Bijlagen Belgisch Staatsblad
Artikel 28. Verslag
Artikel 29. Tegenstrijdig belang
Artikel 33. Aansprakelijkheid van bestuurders
Artikel 35. Boekhouding en jaarrekening
Artikel 39. Bekendmaking
6 more provisions on this in the deed
Membership rule
Member admission
Member resignation
Artikel 9. Lidmaatschapsbijdrage
General meeting
Artikel 15. Samenroeping
Board rule
Samenstelling Bestuursorgaan, al dan niet lid van de vereniging
Benoeming en voorwaarden bestuurders, terugbetaald op voorlegging bewijsstukken
Alle handelingen van intern bestuur nodig of dienstig voor verwezenlijking belangeloos doel, Bevoegdheden Bestuursorgaan
Artikel 27. Quorum en besluitvorming
Artikel 30. Einde van het mandaat en ontslag
Artikel 31. Ontslag door de Algemene Vergadering
Board meeting
Artikel 26. Vergaderingen van het Bestuursorgaan
Liquidation distribution
Artikel 38. Bestemming van het vermogen
Dissolution rule
Artikel 37. Vrijwillige ontbinding
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 1,556,535 EUR awarded · 1,514,096 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 427,375 EUR | 456,463 EUR |
| 2024 | 2 | 449,332 EUR | 414,589 EUR |
| 2023 | 2 | 409,225 EUR | 398,713 EUR |
| 2022 | 1 | 270,603 EUR | 244,331 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.143.459.280
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Of 6,734 companies in sector 93299 we hold annual accounts for 1,169. 784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded02-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
90120Visual arts creation
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441576365
Also
9925:BE0441576365
Registered
16-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.