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TIMELESS VALUE

Judicial reorganisation
Private limited companyfounded 2005active for 21 yearsIjsbeerlaan 7, 9850 Deinze, BelgiumKBO/BCE: BE 0876.754.195
Summary

The file of TIMELESS VALUE contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€89,318) and a net result of -€974,038. Equity is shrinking by about 3.3% per year across the filed financial years. Its solvency ranks better than 13% of 9,617 sector peers (NACE 82, financial year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Opened
30 June 2026
Track
Reorganisation by collective agreement
Docket number
20260024
Moratorium until
10 November 2026
Creditors' vote
27 October 2026
Delegated judge
Edwin Meysmans
Official Gazette
06-07-2026 (pdf) ↗search the document for 2026/130362

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 10 November 2026, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Other business support services
NACE 82990
6th largest company by total assets in Deinze, Administrative and support services sector1 site
Size
€23,637turnover 2025
Equity
-€89,318
Loss
-€974,038
Net result -1,807%: other schema
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Holdings
2
2025 accounts 35 days early1 of 6 deeds summarised
Signalsraises riskNegative equityIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
The figures in the accounts for financial year 2025 give a score of 24 on their own. An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Each of these causes sets the same score on its own. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 23-16
equity -1.8% of total assets
Liquidity 50+47
short-term debt 1.3% · cash 0.0%
Profitability 0-36
return on assets -19.1%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 64.88, compared with 0.98 in 2024, above the usual 1.5; short-term debt: 1.3% and cash: 0% of total assets), but equity is negative.

Signals

Three signals.
raises riskneutral
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 -€89,318
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
29 days late
2023
30 days early
2022
12 days early
2021
52 days early
2020
64 days early
2019
52 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 16 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% 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 2 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
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Filing of a new plan authorisedEnterprise Court of Ghent, Ghent…
  2. OpeningEnterprise Court of Ghent ·…
  3. Annual accounts filedfinancial year 2025 · micro…

Key points

  • Risk: In judicial reorganisationtrustee not known 30-06-2026 View
  • Risk: Negative equityfinancial year 2025: debts exceed assets -€89,318 View
  • Caution: Result fell in 2025different schema filed ▼ 1,807% View
  • Caution: Among the weakest 5% on net resultsector median €16,318 · 9,613 companies -€974,038 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€974,038 View

By topic

Financials

Financial year
2025
Turnover
€23,637
Loss
-€974,038
Solvency
-1.8%
Turnover▼ 72.8%
Net result
20242025
Go to Financials

Timeline

Events
30
Since
2007
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 31-12-2025Liquidity more than 66 times
  3. 29-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
13-10-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TIMELESS VALUE

What is the company number of TIMELESS VALUE?
0876.754.195. In Belgium the VAT number is the company number with BE in front: BE 0876.754.195.
Where is TIMELESS VALUE based?
The registered office is at Ijsbeerlaan 7, 9850 Deinze.Company details
What does TIMELESS VALUE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of TIMELESS VALUE?
Private limited company (BV).
When was TIMELESS VALUE founded?
On 13-10-2005.
Is TIMELESS VALUE still active?
Yes, TIMELESS VALUE is in the KBO register. A judicial reorganisation is running.
What is the turnover of TIMELESS VALUE?
€23,637 in financial year 2025, according to the filed annual accounts.Financials
Is TIMELESS VALUE profitable?
In financial year 2025, TIMELESS VALUE made a loss of €974,038.
Where can I find the annual accounts of TIMELESS VALUE?
TIMELESS VALUE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMELESS VALUE due?
By 31-07-2027, for financial year 2026.Timeline

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