TIMES SQUARE
ActiveSummary
TIMES SQUARE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €7k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-18
Solvency100=
Growth43▼-23
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 12.49 against 9.76 in 2024; short-term debt: 7.9% and cash: 30.3% of total assets), and 7.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Sector 56
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
92.1%
Return on assets
3.2%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-08-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
1 d late
2024
22 d late
2023
29 d late
2022
30 d late
2021
61 d early
2019
31 d late
2018
9 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€170k▼ 27.9%
2024 · €236k
2019: €201k
2021: €125k
2022: €228k
2023: €207k
2024: €236k
2019 → 2025
EBIT margin
5.8%▼ 8.9pp
2024 · 14.7%
2019: 1.0%
2021: 23.7%
2022: 19.4%
2023: 17.1%
2024: 14.7%
2019 → 2025
Net result
€7k▼ 74.2%
2024 · €26k
2018: €19k
2019: €322
2021: €25k
2022: €36k
2023: €23k
2024: €26k
2018 → 2025
Working capital
€188k▲ 6.9%
2024 · €175k
2018: €82k
2019: €87k
2021: €98k
2022: €130k
2023: €154k
2024: €175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€125k-€228k▲ 82.2%€207k▼ 9.3%€236k▲ 14.1%€170k▼ 27.9%
Equity€111k-€141k▲ 26.6%€164k▲ 16.4%€184k▲ 12.5%€191k▲ 3.6%
Operating result€30k-€44k▲ 49.3%€35k▼ 20.0%€35k▼ 1.9%€10k▼ 71.6%
Net result€25k-€36k▲ 47.2%€23k▼ 36.6%€26k▲ 10.7%€7k▼ 74.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 72% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207k
Fixed assets
€4k ▼ 60.7%
Current assets
€204k ▲ 4.3%
Equity and liabilities €207k
Equity
€191k ▲ 3.6%
Debt
€16k ▼ 17.7%
Debt's share of the balance-sheet total falls from 9.8% to 7.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €40k
Cash flow
€12k▼
2024 · €31k
Current ratio
12.49▲
2024 · 9.76
Debt to equity
0.09▼
2024 · 0.11
ROE
3.5%▼
2024 · 13.8%
ROA
3.2%▼
2024 · 12.5%
Interest coverage
35.67▼
2024 · 64.01
Debt ≤ 1 year
€16k▼
2024 · €20k
Income taxes
€3k▼
2024 · €9k
Staff costs
€17k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€204k€207k▲
Fixed assets21/28€9k€4k▼
Tangible fixed assets22/27€9k€4k▼
Plant, machinery and equipment23€1k€590▼
Furniture and vehicles24€5k€603▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€195k€204k▲
Amounts receivable within one year40/41€23k€40k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€21k€36k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€69k€63k▼
Deferred charges and accrued income490/1€4k€996▼
Equity and liabilities
Total equity and liabilities10/49€204k€207k▲
Equity10/15€184k€191k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€162k€162k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€160k€160k=
Profit (loss) carried forward14€2k€9k▲
Amounts payable17/49€20k€16k▼
Amounts payable within one year42/48€20k€16k▼
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€5k€10k▲
Taxes450/3€2k€10k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€5k€114▼
Accrued charges and deferred income492/3-€134
Income statement
Code20242025
Turnover70€236k€170k▼
Goods, raw materials, services and sundry goods60/61€186k€165k▼
Remuneration, social security and pensions62€14k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€993€1k▲
Gross operating margin9900€55k€34k▼
Operating profit (loss)9901€35k€10k▼
Financial income75/76B€187€354▲
Recurring financial income75€187€354▲
Financial charges65/66B€622€429▼
Recurring financial charges65€622€429▼
Profit (loss) for the period before taxes9903€34k€10k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€26k€7k▼
Profit (loss) for the period to be appropriated9905€26k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€9k▼
Profit (loss) brought forward from the previous period14P€102k€2k▼
Transfer to equity691/2€120k-
To other reserves6921€120k-
Profit to be distributed694/7€5k-
Directors or managers695€5k-
The notes to these accounts (5 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
2026
01-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 1 day late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €150kEq €164k ▲16.4%
5 profitable years in a row build equity to €164k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €36k ▲47.2%
Operating result €44k, net result €36k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €111k ▲13.5%
3 profitable years in a row build equity to €111k.
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €322 ▼98.3%
Net result drops to €322, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Overijse · 1 establishment unit since 2010
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.
Hertogendal 13090 OverijseGround area
4,104 m²
Building footprint
686 m²
Volume, LiDAR
6,743 m³
2 parcels, Flanders, Wallonia · tallest building 24.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TIMES SQUARE
since 20102.185.755.834
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033A0208/00_000 | Wallonia | 2,507 m² | 1 · 554 m² | 24.0 m · 3 fl. |
| 23062M0642/00C000 | Flanders | 1,597 m² | 1 · 132 m² | 9.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRixensart2.185.755.834
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LIMITLESS EVENT
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ALTA RIPA II
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 1,771 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
56220Contract catering and other food service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.