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TIMES PUB MANAGEMENT

Active
Private limited companyfounded 2013active for 13 yearsGrote Markt 38, 2000 Antwerpen, BelgiumKBO/BCE: BE 0540.938.118
Summary

TIMES PUB MANAGEMENT has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€80,822) and a net result of €21,699. Equity has been shrinking by about 36% per year since 2018. Its solvency ranks better than 5% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 17-10-2013 Normal situation
Activity
Cafés and bars NACE 56301
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.223.657.890 6000 Charleroi, since 18-10-2013
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€24,989
Turnover
≈ €250,000
estimated
Profit
€21,699
Equity
-€80,822
▲ 21.2%
Total assets
€19,019
▼ 23.8%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-12-2025
Filed on 31-07-2026, on time
Score breakdownraises riskCapped at 59: negative equitySector: Food and beverage service activities (NACE 56)Negative equity -€80,822lowers riskSize: total assets €19,019Founded in 2013Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 46% of micro companies in food and beverage service (NACE 56)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -425.0% of total assets
Liquidity 18+18
short-term debt 525.0% · cash 14.0%
Profitability 100+100
return on assets 114.1%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.6%▼ -0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.5%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 4.5%▲ +1.9 percentage points vs 07-2025highest value 09-2025: 4.5%● unchanged vs 08-2025highest value 10-2025: 4.5%● unchanged vs 09-2025highest value 11-2025: 4.5%● unchanged vs 10-2025highest value 12-2025: 4.5%● unchanged vs 11-2025highest value 01-2026: 4.5%● unchanged vs 12-2025highest value 02-2026: 4.5%● unchanged vs 01-2026highest value 03-2026: 4.4%▼ -0.1 percentage points vs 02-2026 04-2026: 4.2%▼ -0.2 percentage points vs 03-2026 05-2026: 4.1%▼ -0.1 percentage points vs 04-2026 06-2026: 4.0%▼ -0.1 percentage points vs 05-2026 07-2026: 4.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▼ -3.2 percentage points vs 07-2026lowest value 09-2026: 0.9%● unchanged vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.19 (0.39 in 2024), below 1. Short-term debt is 525% and cash 14% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 15% on liquidity, 93% on profitability and 67% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Size: total assets €19,019
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€80,822
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16961 sector peers (2025).
NBB · sector comparison
Position among 16961 sector peers
Solvency
better than 5%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
23 days early
2022
57 days late
2021
27 days early
2020
22 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€80,822 View
  • Caution: Lower solvency than 95% of companies in food and beverage servicesector median 29.6% · 16,961 companies -425.0% View
  • Positive: Back in profit in 2025after a loss of €80,441 in 2024 €21,699 View

Comparable companies

These companies have the same main activity as TIMES PUB MANAGEMENT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €17,400 and €23,600, founded between 2010 and 2016.

CompanyTotal assetsGross margin
TIMES PUB MANAGEMENT Antwerpen€19,019€24,989
JUP Antwerpen€20,770€30,187
DEN KLAUWAERT Wommelgem€23,578€18,627
DYLMAR Antwerpen€17,425€37,231
HMS Antwerpen€18,415€17,814
YPSILON Genk€19,228€27,352
DREAMS Gent€21,327€18,561
Full comparison

Key facts about TIMES PUB MANAGEMENT

What is the company number of TIMES PUB MANAGEMENT?
The company number of TIMES PUB MANAGEMENT is 0540.938.118. The VAT number is the same number with BE in front: BE 0540.938.118.
Where is TIMES PUB MANAGEMENT based?
The registered office is at Grote Markt 38, 2000 Antwerpen.Company details
What does TIMES PUB MANAGEMENT do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of TIMES PUB MANAGEMENT?
The legal form of TIMES PUB MANAGEMENT is Private limited company (BV).
When was TIMES PUB MANAGEMENT founded?
TIMES PUB MANAGEMENT was founded on 17-10-2013.
Is TIMES PUB MANAGEMENT still active?
Yes, TIMES PUB MANAGEMENT is an active enterprise in the KBO register.
How many employees does TIMES PUB MANAGEMENT have?
TIMES PUB MANAGEMENT had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does TIMES PUB MANAGEMENT fall under?
In its 2025 annual accounts, TIMES PUB MANAGEMENT states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of TIMES PUB MANAGEMENT?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €24,989 and 103 comparable companies (NACE 56301). It probably lies between €130,000 and €560,000. It is a rough estimate.
Is TIMES PUB MANAGEMENT profitable?
In financial year 2025, TIMES PUB MANAGEMENT made a profit of €21,699.
Where can I find the annual accounts of TIMES PUB MANAGEMENT?
TIMES PUB MANAGEMENT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMES PUB MANAGEMENT due?
TIMES PUB MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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