Checked.be · Company dossierhttps://checked.be/en/c/timeless-value-0876754195 · as of 24-10-2026
TIMELESS VALUE
Judicial reorganisation
Private limited company · founded 2005 · active 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).
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
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.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
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 ↗
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Overview
Activity
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NACE 82990
6th largest company by total assets in Deinze, Administrative and support services sector1 site
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
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency23-16
equity -1.8% of total assets
Liquidity50+47
short-term debt 1.3% · cash 0.0%
Profitability0-36
return on assets -19.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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.
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).