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TimeTronics

Active
Private limited companyfounded 201213 yrs activeLammerdries-Oost 23, 2250 Olen, BelgiumKBO/BCE: BE 0500.903.347

TimeTronics has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-41k) and a net result of €114k. Equity is shrinking by ~95.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 338 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
31 / 100
Weak▲ +9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency50▲+3
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.24 against 1.11 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

6 signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 338 sector peers (2025).
NBB · sector comparison
Position among 338 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 30-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 d late
2023
1 d late
2022
1 d late
2021
1 d late
2020
2 d late
2019
13 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
04-09-2026 today30-12-2026 close30-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€-41k▲ 73.6%
2024 · €-155k
2023: €255k 2024: €-155k
2023 → 2025
Total assets
€810k=
2024 · €810k
2023: €795k 2024: €810k
2023 → 2025
Net result
€114k
2024 · €-410k
2023: €9k 2024: €-410k
2023 → 2025
Working capital
€144k▲ 101%
2024 · €72k
2023: €359k 2024: €72k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€255k-€-155k€-41k▲ 73.6%
Operating result€36k-€-402k€132k
Net result€9k-€-410k€114k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-600k€-400k€-200k€0€200kOperating result 2023: €36k€36kNet result 2023: €9k€9kOperating result 2024: €-402k€-402kNet result 2024: €-410k€-410kOperating result 2025: €132k€132kNet result 2025: €114k€114k202320242025
The operating result returns to profit in 2025: €132k after a loss of €402k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €810k
Fixed assets €54k▼ 27.5%
Current assets €755k▲ 2.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
€152k
2024 · €-375k
Cash flow
€134k
2024 · €-382k
Solvency
-5.0%
2024 · -19.1%
Current ratio
1.24
2024 · 1.11
Quick ratio
0.36
2024 · 0.11
Debt / equity
-20.88
2024 · -6.24
ROE
-279.3%
2024 · 265.1%
ROA
14.0%
2024 · -50.6%
Interest coverage
8.77
2024 · -44.28
Debt
€851k
2024 · €964k
Debt ≤ 1 year
€612k
2024 · €663k
Debt > 1 year
€239k
2024 · €281k
Income taxes
€564
2024 · €529
Staff costs
€450k
2024 · €421k
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
Balance sheet Code2025
Total assets 20/58€810k
Fixed assets 21/28€54k
Intangible fixed assets 21€52k
Tangible fixed assets 22/27€3k
Current assets 29/58€755k
Stocks & contracts in progress 3€538k
Amounts receivable within one year 40/41€162
Cash & bank 54/58€215k
Total equity & liabilities 10/49€810k
Equity 10/15€-41k
Contributions / capital 10/11€48k
Accumulated profits (losses) 14€-89k
Amounts payable 17/49€851k
Amounts payable after one year 17€239k
Amounts payable within one year 42/48€612k
Trade debts payable within one year 44€258k
Income statement Code2025
Gross operating margin 9900€605k
Operating result 9901€132k
Financial income 75€93
Financial charges 65€17k
Result before taxes 9903€114k
Income taxes 67/77€564
Net result for the period 9904€114k
Result to be appropriated 9905€114k
This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-12
Financial Back to profitnet €114k
Net result €114k after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
30-12
Financial Weakest financial yearnet €-410k ▼4659%
Net result drops to €-410k, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
31-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
01-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
12-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
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.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 2,499 companies in sector 46649 we hold annual accounts for 1,709. 1,055 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-11-2012
Fiscal year end30-12
Activities, NACEBEL
26520Manufacture of computer, electronic and optical products
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 21-08-2026. Scores and ratios are computed by Checked and are not a credit decision.