Timeless 04
ActiveTimeless 04 has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €379k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 38% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+2
Solvency52▼-26
Growth66▼-19
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.8 in 2024; short-term debt: 72.8% and cash: 27% of total assets), and 72.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
27.2%
Return on assets
27.3%
Age of the figures
15 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 30-06-2025 was due by 31-01-2026 and was filed on 12-11-2025, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
70 d early
2023
78 d early
2022
on the day
2021
45 d early
2020
3 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.69M▲ 6.9%
2024 · €6.25M
2023: €5.05M
2024: €6.25M
2023 → 2025
EBIT margin
8.0%▲ 1.9pp
2024 · 6.1%
2023: 6.6%
2024: 6.1%
2023 → 2025
Net result
€379k▲ 10.6%
2024 · €342k
2019: €254k
2020: €202k
2021: €306k
2022: €295k
2023: €312k
2024: €342k
2019 → 2025
Working capital
€267k▼ 46.2%
2024 · €497k
2019: €274k
2020: €393k
2021: €292k
2022: €321k
2023: €365k
2024: €497k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.05M€6.25M▲ 23.9%€6.69M▲ 6.9%
Equity€688k-€693k▲ 0.7%€695k▲ 0.3%€698k▲ 0.3%€376k▼ 46.1%
Operating result€342k-€311k▼ 9.0%€333k▲ 6.8%€380k▲ 14.2%€534k▲ 40.6%
Net result€306k-€295k▼ 3.6%€312k▲ 5.9%€342k▲ 9.7%€379k▲ 10.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€109k▼ 45.9%
Current assets
€1.28M▲ 14.4%
Equity and liabilities €1.38M
Equity
€376k▼ 46.1%
Debt
€1.01M▲ 62.9%
The debt ratio rises from 47.0% to 72.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€626k▲
2024 · €482k
Cash flow
€471k▲
2024 · €445k
Solvency
27.2%▼
2024 · 53.0%
Current ratio
1.27▼
2024 · 1.80
Quick ratio
0.81▼
2024 · 0.86
Debt / equity
2.68▲
2024 · 0.89
ROE
100.6%▲
2024 · 49.1%
ROA
27.3%▲
2024 · 26.0%
Interest coverage
23.28▲
2024 · 15.89
Debt
€1.01M▲
2024 · €619k
Debt ≤ 1 year
€1.01M▲
2024 · €618k
Income taxes
€135k▲
2024 · €9k
Staff costs
€396k▼
2024 · €529k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.38M▲
Fixed assets21/28€202k€109k▼
Intangible fixed assets21€24k€10k▼
Tangible fixed assets22/27€173k€97k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€11k€3k▼
Other tangible fixed assets26€158k€92k▼
Financial fixed assets28€5k€3k▼
Current assets29/58€1.11M€1.28M▲
Stocks and contracts in progress3€581k€457k▼
Stocks30/36€581k€457k▼
Amounts receivable within one year40/41€38k€43k▲
Trade receivables40€36k€25k▼
Other amounts receivable41€1k€18k▲
Current investments50/53-€400k
Cash at bank and in hand54/58€495k€373k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.38M▲
Equity10/15€698k€376k▼
Contributions10/11€19k€19k=
Reserves13€679k€358k▼
Distributable reserves133€679k€358k▼
Amounts payable17/49€619k€1.01M▲
Amounts payable within one year42/48€618k€1.01M▲
Trade debts44€101k€160k▲
Suppliers440/4€101k€160k▲
Taxes, remuneration and social security45€156k€138k▼
Taxes450/3€117k€96k▼
Remuneration and social security454/9€38k€42k▲
Other amounts payable47/48€361k€711k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Turnover70€6.25M€6.69M▲
Goods, raw materials, services and sundry goods60/61€5.21M€5.67M▲
Remuneration, social security and pensions62€529k€396k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€92k▼
Other operating charges640/8€10k€3k▼
Non-recurring operating charges66A€26k-
Gross operating margin9900€1.05M€1.03M▼
Operating profit (loss)9901€380k€534k▲
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€30k€27k▼
Recurring financial charges65€30k€27k▼
Profit (loss) for the period before taxes9903€351k€514k▲
Income taxes67/77€9k€135k▲
Profit (loss) for the period9904€342k€379k▲
Profit (loss) for the period to be appropriated9905€342k€379k▲
Appropriation of the result
Profit (loss) to be appropriated9906€342k€379k▲
Transfer from equity791/2-€321k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€340k€700k▲
Return on contributions (dividend)694-€700k
Directors or managers695€340k-
Social balance
Average headcount (FTE)90878.16.5▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €379k ▲10.6%
Operating result €534k, net result €379k, both a record.
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €202k ▼20.8%
Net result drops to €202k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €500kEq €633k ▲31.5%
2 profitable years in a row build equity to €633k.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 2 establishment units since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Verlatstraat 152000 AntwerpenGround area
3,171 m²
Building footprint
887 m²
Volume, LiDAR
10,499 m³
2 parcels, Flanders · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Labellov
since 20112.204.153.566
Labellov Knokke
since 20222.337.002.687
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3656/00G002 | Flanders | 2,918 m² | 1 · 633 m² | 16.9 m · 2 fl. |
| 31332E0060/00A000 | Flanders | 253 m² | 1 · 253 m² | 25.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 9,533 EUR awarded · 8,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 6,128 EUR |
| 2023 | 1 | 2,033 EUR | 2,033 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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A.N.S. TRADING
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BE 0740.834.431
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BROCANTE DU NOYER
BE 0452.733.048
Brussel · Eq €348k
Of 950 companies in sector 47792 we hold annual accounts for 184. 117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2011
Fiscal year end30-06
Activities, NACEBEL
47120Other non-specialised retail sale
47792Retail sale of second-hand clothing
47910Retail trade
47793Retail sale of other second-hand goods, excluding clothing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.