Skip to content

TimeTronics

Active
Private limited companyfounded 2012active for 13 yearsLammerdries-Oost 23, 2250 Olen, BelgiumKBO/BCE: BE 0500.903.347

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TimeTronics has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€40,739) and a net result of €113,785. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 14-11-2012 Normal situation
Legal form
Private limited company
Registered office
Lammerdries-Oost 23, 2250 Olen
Activity
Wholesale of other machinery and equipment NACE 46649and 1 other
Establishment unit
2.215.316.286 2250 Olen, since 20-11-2012
Financial year end
30 December
Peppol
Reachable since 29-11-2025

Who decides

Board

How it is doing

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts to 30-12-2025
Gross margin
€605,313
▲ 11×
Turnover
≈ €3.1m
estimated
Profit
€113,785
Equity
-€40,739
▲ 73.6%
Total assets
€809,871
=
Staff
5.7 FTE
▼ 13.6%
2025 accounts on time
Filed on 30-07-2026at the National Bank
Why 56raises riskCapped at 59: negative equityNegative equity -€40,739lowers riskLiquidity: current ratio 1.24, cash €214,619Founded in 2012Figures for financial year 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 20+14
equity -5.0% of total assets
Liquidity 42+26
short-term debt 75.5% · cash 26.5%
Profitability 86+86
return on assets 14.0%
Bankruptcy probability, 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 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 5.6%▲ +4.9 percentage points vs 07-2025 09-2025: 5.6%● unchanged vs 08-2025 10-2025: 5.6%● unchanged vs 09-2025 11-2025: 5.5%▼ -0.1 percentage points vs 10-2025 12-2025: 5.5%● unchanged vs 11-2025 01-2026: 5.5%● unchanged vs 12-2025 02-2026: 5.5%● unchanged vs 01-2026 03-2026: 5.4%▼ -0.1 percentage points vs 02-2026 04-2026: 5.5%▲ +0.1 percentage points vs 03-2026 05-2026: 5.4%▼ -0.1 percentage points vs 04-2026 06-2026: 5.2%▼ -0.2 percentage points vs 05-2026 07-2026: 5.7%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 0.9%▼ -4.8 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.24, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 75.5% and cash: 26.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 15% on solvency, 40% on liquidity, 81% on profitability and 91% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€40,739
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.24, cash €214,619
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 30-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9811 sector peers (2025).
NBB · sector comparison
Position among 9811 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 day late
2023
1 day late
2022
1 day late
2021
1 day late
2020
2 days late
2019
13 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 3 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today30-12-2026 year end30-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, abbreviated format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
30-12-2025
Filed on
30-07-2026
Format
abbreviated format
Reference
2026-00356036
Turnover
≈ €3.1m
Estimated: probably between €2.0m and €5.2m
Total assets
€809,871=
2024 · €809,678
Net result
€113,785
2024 · -€409,678
Working capital
€143,913▲ 101%
2024 · €71,698
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €131,627 after a loss of €402,151 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.03m▲ 70.5%-€0.02m€0.007m€0.2m▲ 27×€0.04m▼ 82.1%-€0.4m€0.1m
Net result€384-€0.01m▲ 34×-€0.03mbelow the sector's middle half-€0.007mbelow the sector's middle half▲ 77.9%€0.1mwithin the sector's middle half€0.009mwithin the sector's middle half▼ 93.7%-€0.4mbelow the sector's middle half€0.1mwithin the sector's middle half
Equity€0.1m-€0.1m▲ 10.3%€0.1mbelow the sector's middle half▼ 21.6%€0.1mbelow the sector's middle half▼ 6.1%€0.2mwithin the sector's middle half▲ 135%€0.3mwithin the sector's middle half▲ 3.7%-€0.2mbelow the sector's middle half-€0.04mbelow the sector's middle half▲ 73.6%
Total assets€0.8m-€0.8m▼ 0.9%€0.8mwithin the sector's middle half▲ 7.0%€0.7mwithin the sector's middle half▼ 12.1%€1.2mwithin the sector's middle half▲ 61.7%€0.8mwithin the sector's middle half▼ 33.7%€0.8mwithin the sector's middle half▲ 1.8%€0.8mwithin the sector's middle half=
Debt€0.7m-€0.6m▼ 3.1%€0.7m▲ 13.3%€0.6m▼ 13.0%€1.0m▲ 49.6%€0.5m▼ 43.3%€1.0m▲ 78.5%€0.9m▼ 11.8%
Working capital€0.4m-€0.4m▼ 14.4%€0.3mwithin the sector's middle half▼ 18.4%€0.3mwithin the sector's middle half▲ 10.1%€0.4mwithin the sector's middle half▲ 13.6%€0.4mwithin the sector's middle half▼ 4.4%€0.07mwithin the sector's middle half▼ 80.0%€0.1mwithin the sector's middle half▲ 101%
Solvency16.2%-18.0%▲ 1.8pp13.2%below the sector's middle half▼ 4.8pp14.1%below the sector's middle half▲ 0.9pp20.5%within the sector's middle half▲ 6.4pp32.1%within the sector's middle half▲ 11.6pp-19.1%below the sector's middle half▼ 51.2pp-5.0%below the sector's middle half▲ 14.1pp
Current ratio3.35-2.69▼ 0.661.83within the sector's middle half▼ 0.862.35within the sector's middle half▲ 0.521.54within the sector's middle half▼ 0.812.08within the sector's middle half▲ 0.531.11below the sector's middle half▼ 0.971.24within the sector's middle half▲ 0.13
Return on assets (ROA)0.0%-1.7%▲ 1.6pp-3.6%below the sector's middle half▼ 5.3pp-0.9%below the sector's middle half▲ 2.7pp11.8%within the sector's middle half▲ 12.7pp1.1%within the sector's middle half▼ 10.7pp-50.6%below the sector's middle half▼ 51.7pp14.0%above the sector's middle half▲ 64.6pp
Staff (FTE)6.1-6.7▲ 9.8%6.7within the sector's middle half=6.3within the sector's middle half▼ 6.0%6.8within the sector's middle half▲ 7.9%7.3within the sector's middle half▲ 7.4%6.6within the sector's middle half▼ 9.6%5.7within the sector's middle half▼ 13.6%
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €809,871
Fixed assets €54,418 ▼ 27.5%
Current assets €755,453 ▲ 2.8%
Equity and liabilities
Equity-€40,739
Debt€850,610
Equity is negative: debt (€850,610) exceeds the balance-sheet total (€809,871).
Key figures and ratios
2025 value · change against 2024
EBITDA
€152,262▲
2024 · -€374,598
Cash flow
€134,420▲
2024 · -€382,125
Quick ratio
0.36▲
2024 · 0.11
Interest coverage
8.77▲
2024 · -44.28
Debt ≤ 1 year
€611,540▼
2024 · €662,928
Debt > 1 year
€239,070▼
2024 · €281,275
Income taxes
€564▲
2024 · €529
Staff costs
€450,491▲
2024 · €420,628
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
91.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 30-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€809,678€809,871=
Fixed assets21/28€75,052€54,418▼
Intangible fixed assets21€68,387€51,834▼
Tangible fixed assets22/27€6,666€2,584▼
Plant, machinery and equipment23€6,666€2,584▼
Current assets29/58€734,626€755,453▲
Stocks and contracts in progress3€660,643€537,916▼
Stocks30/36€660,643€537,916▼
Amounts receivable within one year40/41€162€162=
Trade receivables40€0-
Other amounts receivable41€162€162=
Cash at bank and in hand54/58€73,821€214,619▲
Deferred charges and accrued income490/1-€2,757
Equity and liabilities
Total equity and liabilities10/49€809,678€809,871=
Equity10/15-€154,525-€40,739▲
Contributions10/11€48,000€48,000=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14-€202,525-€88,739▲
Amounts payable17/49€964,203€850,610▼
Amounts payable after more than one year17€281,275€239,070▼
Financial debts170/4€281,275€239,070▼
Amounts payable within one year42/48€662,928€611,540▼
Current portion of amounts payable after more than one year42€114,751€78,972▼
Financial debts43€205,151€205,151=
Credit institutions430/8€205,151€205,151=
Trade debts44€183,151€258,345▲
Suppliers440/4€183,151€258,345▲
Taxes, remuneration and social security45€6,875€66,073▲
Taxes450/3€5,048€28,482▲
Remuneration and social security454/9€1,827€37,591▲
Other amounts payable47/48€153,000€3,000▼
Accrued charges and deferred income492/3€20,000€0▼
Income statement Code20242025
Remuneration, social security and pensions62€420,628€450,491▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,553€20,634▼
Other operating charges640/8€8,075€2,561▼
Gross operating margin9900€54,106€605,313▲
Operating profit (loss)9901-€402,151€131,627▲
Financial income75/76B€1,461€93▼
Recurring financial income75€1,461€93▼
Financial charges65/66B€8,459€17,370▲
Recurring financial charges65€8,459€17,370▲
Profit (loss) for the period before taxes9903-€409,149€114,350▲
Income taxes67/77€529€564▲
Profit (loss) for the period9904-€409,678€113,785▲
Profit (loss) for the period to be appropriated9905-€409,678€113,785▲
Appropriation of the result
Profit (loss) to be appropriated9906-€409,678-€88,739▲
Profit (loss) brought forward from the previous period14P--€202,525
Transfer from equity791/2€207,154€0▼
Transfer to equity691/2€0-
Addition to contributions691€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)90876.65.7▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€330,674€391,789€472,582€420,628€450,491▲ 7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,318€877€29,832€31,331€33,914€29,957€27,553€20,634▼ 25.1%
Other operating charges640/8---€2,763€2,994€1,122€8,075€2,561▼ 68.3%
Gross operating margin9900€379,870€471,333€363,809€372,240€630,636€539,745€54,106€605,313▲ 11×
Operating profit (loss)9901€18,992€32,386-€22,410€7,472€201,939€36,085-€402,151€131,627-
Financial income75/76B---€10€244€363€1,461€93▼ 93.7%
Recurring financial income75€0€3,241€246€10€244€363€1,461€93▼ 93.7%
Financial charges65/66B---€9,819€14,024€17,056€8,459€17,370▲ 105%
Recurring financial charges65€13,656€9,992€8,072€9,819€14,024€17,056€8,459€17,370▲ 105%
Profit (loss) for the period before taxes9903€5,336€25,635-€30,236-€2,337€188,160€19,392-€409,149€114,350-
Income taxes67/77€4,952€12,414€371€4,440€46,526€10,406€529€564▲ 6.6%
Profit (loss) for the period9904€384€13,222-€30,607-€6,777€141,633€8,986-€409,678€113,785-
Profit (loss) for the period to be appropriated9905€384€13,222-€30,607-€6,777€141,633€8,986-€409,678€113,785-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.8m€0.8m€0.8m€0.7m€1.2m€0.8m€0.8m€0.8m=
Fixed assets21/28€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.08m€0.05m▼ 27.5%
Intangible fixed assets21€0.2m€0.2m€0.1m€0.1m€0.1m€0.08m€0.07m€0.05m▼ 24.2%
Tangible fixed assets22/27€0.03m€0.05m€0.05m€0.05m€0.03m€0.02m€0.007m€0.003m▼ 61.2%
Plant, machinery and equipment23---€0.04m€0.03m€0.02m€0.007m€0.003m▼ 61.2%
Furniture and vehicles24---€0.005m€0.001m€0---
Current assets29/58€0.6m€0.6m€0.7m€0.6m€1.1m€0.7m€0.7m€0.8m▲ 2.8%
Stocks and contracts in progress3€0.5m€0.5m€0.4m€0.4m€0.9m€0.6m€0.7m€0.5m▼ 18.6%
Stocks30/36---€0.4m€0.7m€0.6m€0.7m€0.5m▼ 18.6%
Contracts in progress37----€0.2m€0---
Amounts receivable within one year40/41€0.005m€0.01m€0.02m€0.09m€0.06m€0.06m€162€162=
Trade receivables40---€0.07m€0.04m€0.04m€0--
Other amounts receivable41---€0.01m€0.02m€0.02m€162€162=
Cash at bank and in hand54/58€0.1m€0.1m€0.2m€0.07m€0.09m€0.07m€0.07m€0.2m▲ 191%
Deferred charges and accrued income490/1---€0---€0.003m-
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m€0.8m€0.7m€1.2m€0.8m€0.8m€0.8m=
Equity10/15€0.1m€0.1m€0.1m€0.1m€0.2m€0.3m-€0.2m-€0.04m▲ 73.6%
Contributions10/11€0.04m€0.04m-€0.04m€0.04m€0.05m€0.05m€0.05m=
Reserves13€0.09m€0.1m€0.07m€0.06m€0.2m€0.2m€0--
Non-distributable reserves130/1---€0.008m€0.008m€0---
Reserves not available under the articles1311---€0-----
Other1319---€0.008m€0.008m€0---
Distributable reserves133---€0.06m€0.2m€0.2m€0--
Profit (loss) carried forward14-------€0.2m-€0.09m▲ 56.2%
Amounts payable17/49€0.7m€0.6m€0.7m€0.6m€1.0m€0.5m€1.0m€0.9m▼ 11.8%
Amounts payable after more than one year17€0.5m€0.4m€0.4m€0.4m€0.3m€0.2m€0.3m€0.2m▼ 15.0%
Financial debts170/4---€0.4m€0.3m€0.2m€0.3m€0.2m▼ 15.0%
Amounts payable within one year42/48€0.2m€0.2m€0.4m€0.2m€0.7m€0.3m€0.7m€0.6m▼ 7.8%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.2m€0.1m€0.08m▼ 31.2%
Financial debts43-----€0.05m€0.2m€0.2m=
Credit institutions430/8-----€0.05m€0.2m€0.2m=
Trade debts44€0.1m€0.1m€0.07m€0.07m€0.5m€0.1m€0.2m€0.3m▲ 41.1%
Suppliers440/4---€0.07m€0.5m€0.1m€0.2m€0.3m▲ 41.1%
Advances received on contracts in progress46----€0.07m€0---
Taxes, remuneration and social security45---€0.002m€0.01m€0.007m€0.007m€0.07m▲ 861%
Taxes450/3---€0.001m€0.009m€0.005m€0.005m€0.03m▲ 464%
Remuneration and social security454/9---€0.001m€0.001m€0.002m€0.002m€0.04m▲ 21×
Other amounts payable47/48----€155€0€0.2m€0.003m▼ 98.0%
Accrued charges and deferred income492/3------€0.02m€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€384€13,222-€30,607-€6,777€141,633€8,986-€409,678€113,785-
+ Depreciation and write-downs630€19,318€877€29,832€31,331€33,914€29,957€27,553€20,634▼ 25.1%
Operating cash flow (approximation)€19,702€14,099-€775€24,554€175,548€38,943-€382,125€134,420-
Investment in fixed assets (approximation)--€20,000-€10,000-€15,000€0€0€0€0-
Change in cash--€33,792€74,203-€113,889€24,968-€19,206€1,845€140,797▲ 76×

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
30-12-2025 abbreviated format 30-07-2026 2026-00356036 NBB
30-12-2024 abbreviated format 31-07-2025 2025-00335724 PDF
30-12-2023 abbreviated format 31-07-2024 2024-00311483 PDF
30-12-2022 abbreviated format 31-07-2023 2023-00295470 PDF
30-12-2021 abbreviated format 31-07-2022 2022-20252707 PDF
30-12-2020 abbreviated format 01-08-2021 2021-44000030 PDF
30-12-2019 micro format 12-08-2020 2020-40400111 PDF
30-12-2018 micro format 17-07-2019 2019-35600457 PDF
30-12-2017 micro format 30-07-2018 2018-39200562 PDF
30-12-2016 abbreviated format 24-07-2017 2017-35700364 PDF

Show all 13 filings

Similar companies · same sector, comparable size

Of the 2,454 active companies whose main activity is wholesale of other machinery and equipment (NACE 46649), figures are known for 1,769. 1,089 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 4 entries · €7,527 awarded · €4,413 paid
Year Entries AwardedPaid
2025 1 €5,333€2,220
2024 1 €56€130
2023 2 €2,138€2,063
Schemes
2 entries · €7,396 · €4,283 paid · Vlaams Agentschap voor Internationaal Ondernemen
2 entries · €131 · €130 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
PEETERS Kim
Director · appointed in the act of 21-12-2023 · in the 2025 annual accounts, filed on 30-07-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
PEETERS Kim
  • Director, appointed in the act of 21-12-2023, still in office
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering kan vertrekvergoeding toekennen”
“Vergoeding bestuurders, kosteloos tenzij anders bepaald door algemene vergadering”

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Op elk moment ontbonden door beslissing algemene vergadering, met inachtneming vereisten voor statutenwijziging”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Onder voorwaarden artikel 2:80 WVV, mogelijk”
“Bij gebrek benoeming of aanwijzing worden bestuurders in functie op tijdstip ontbinding ten aanzien van derden van rechtswege als…”

Articles of association, deed of 21-12-2023 (in Dutch)

Owners and capital

Capital and shareholders

Capital over the years
  1. 21-12-2023 Converted to unavailable equity

Shares according to the articles of association

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Onder voorbehoud van andersluidende overeenkomsten tussen aandeelhouders, gelijk recht in winstverdeling”
“Op naam, aandelenregister_op_naam_met_WVV-vermeldingen”
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Vermelde prijs of bij betwisting deskundige, elke overdracht onder levenden”
1 more provision on this in the deed
Share issue ruleHow and by whom new shares can be issued.
“Artikel_5.130_e.v._WVV, geen vergoeding tenzij anders”

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.

Other provision: “Stortingsplicht, op geheel van aandelen waarvan aandeelhouder titularis is”
Other provision: “Op naam, aard andere effecten”
Other provision: “Ondeelbaarheid_effecten_vruchtgebruik-blote_eigendom, andersluidende statuten of titel vruchtgebruik”
Other provision: “In rechte, uittreding”
Other provision: “In rechte, uitsluiting”
Other provision: “Bijzondere volmachten, verbinden vennootschap binnen perken onverminderd verantwoordelijkheid bestuursorgaan bij overdreven volmacht”
Other provision: “Strijdig belang, bestuurder of lid collegiaal bestuursorgaan met rechtstreeks of onrechtstreeks vermogensrechtelijk strijdig belang”
Other provision: “Toezicht, ter plaatse inzage boeken brieven notulen en alle geschriften”
Other provision: “Bevoegdheid gewone en bijzondere algemene vergadering”
Other provision: “Bevoegdheid buitengewone algemene vergadering”
Other provision: “Toegang algemene vergadering, rechten niet geschorst indien enkel stemrecht geschorst deelname zonder stemming”
Other provision: “Bestuurder, Zittingen-processen-verbaal”
Other provision: “3weken, bestuursorgaan”
Other provision: “Uitkeringen aan aandeelhouders en tantièmes, algemene vergadering tot bestemming winst en vaststelling uitkeringen waaronder tussentijdse…”
Other provision: “Slechts verkrijgen of inschrijven op certificaten na uitgifte daarmee overeenstemmende aandelen mits naleving wettelijke bepalingen…”
Other provision: “Slechts middelen voorschieten,leningen toestaan of zekerheden stellen met oog op verkrijging aandelen door derden of verkrijging of…”
Other provision: “Besluiten over ontbinding of in agenda aangekondigde maatregelen om continuïteit te vrijwaren, bestuursorgaan roept algemene vergadering op…”
Other provision: “Elk aandeel recht op gelijk aandeel in winstverdeling, bestemming winst-reserve”
Liquidation distribution: “Na aanzuivering alle schulden,lasten en kosten van vereffening of na consignatie nodige gelden, vereffenaars verdelen netto-actief in geld…”
Other provision: “Alle dagvaardingen,betekeningen en kennisgevingen betreffende zaak vennootschap, keuze van woonplaats”
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig zou zijn afgeweken geacht ingeschreven in statuten”
Other provision: “Bemiddelingsbeding, pas daarna eventuele verdere (gerechtelijke) stappen”
13 more provisions in the deed, see the deed of 21-12-2023

Articles of association, deed of 21-12-2023 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

TimeTronics was incorporated on 14 November 2012.1 Total assets went from €795,434 in 2018 to €809,871 in 2025 and headcount from 6.1 to 5.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-07-2027
2026
30-07
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format
2025
30-12
Financial Back to profitnet €113,785
Net result €113,785 after one loss-making year.
31-07
NBB filing Annual accounts filedPDF
financial year 2024 · abbreviated format · 1 day late
2024
30-12
Financial Weakest financial yearnet -€409,678
Net result drops to -€409,678, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filedPDF
financial year 2023 · abbreviated format · 1 day late
2023
21-12
Gazette deed Appointment: PEETERS Kim (director)
Amendment of the articles · Capital conversion · Reserve release7 facts ▸
  • General meeting, 18-12-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “geen eigenvermogensrekening niet-opgevraagde inbrengen, kapitaal volledig volgestort” (deed in Dutch)
  • Reserve release, “vormen en meerderheden van statutenwijziging, opheffing” (deed in Dutch)
  • Director appointment, PEETERS Kim (director)
  • Registered office clause, “Lammerdries-Oost 23 bus B te 2250 Olen, Vijfde besluit Adres van de zetel” (deed in Dutch)

Open the act in the Belgian Official Gazette

31-07
NBB filing Annual accounts filedPDF
financial year 2022 · abbreviated format · 1 day late
2022
30-12
Financial Back to profitnet €141,633
Net result €141,633 after 2 loss-making years.
30-12
Financial Equity above €200,000equity €246,167 ▲135%
Equity rises from €104,534 to €246,167.
31-07
NBB filing Annual accounts filedPDF
financial year 2021 · abbreviated format · 1 day late
2021
01-08
NBB filing Annual accounts filedPDF
financial year 2020 · abbreviated format · 2 days late
2020
12-08
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 13 days late
Show earlier events
2019
17-07
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2018
30-07
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2017
24-07
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name TimeTronics in Dutch
Enterprise number 0500.903.347
Legal form Private limited company
Status Active, normale toestand
Founded 14-11-2012
Type Legal entity

Where it is based

Registered office Lammerdries-Oost 23, 2250 Olen, Belgium
Establishments 1 establishment unit since 2012
E-mail info@bechronized.com
Phone 014/495949
Website www.timetronics.beOlen
E-mail info@timetronics.beOlen
Phone 014231911Olen

What it does

NACEBEL 2025
26520 Manufacture of computer, electronic and optical products main activity
46649 Wholesale of other machinery and equipment main activity

Invoicing and payment

VAT number BE 0500.903.347
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0500903347
Registered 29-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-12

Scores and ratios are computed by Checked and are not a credit decision.

Purpose, financial year and meetings according to the articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“A.1. Het ontwerpen, ontwikkelen en vervaardigen, kopen en verkopen, huren en verhuren, in leasing nemen en geven van alle elektrische…”
18 activities
  1. A.1. Het ontwerpen, ontwikkelen en vervaardigen, kopen en verkopen, huren en verhuren, in leasing nemen en geven van alle elektrische, elektronische en elektrotechnische toestellen, in het bijzonder doch niet uitsluitend apparatuur voor tijdsmeting;
  2. 2. Het ontwerpen, ontwikkelen en vervaardigen, kopen en verkopen, huren en verhuren, in leasing nemen en geven van alle programma’s, apparatuur en systemen voor verwerking, collectie, weergave en verspreiding van gegevens die zowel informatie-, beeld- of geluidselementen kunnen bevatten, en dit in de meest ruime zin van het woord, te weten alle systemen, producten en toepassingen op informatica-, audio-, audiovisueel- als multimediavlak, zonder dat dit als beperkend dient beschouwd te worden.
  3. Het optreden als studie-, ontwerp- en raadgevend bureel op het vlak van informatica-, audio-, audiovisuele- en multimediatoepassingen, inbegrepen de opleiding van personeel en plaatsing van materieel bij derden.
  4. Het uitgeven en commercialiseren van alle producten welke verband houden met informatica-, audio-, audiovisuele- en multimediatoepassingen.
  5. De handel in het groot als in het klein, in- en uitvoer, vertegenwoordiging, huur en verhuur, in leasing geven en nemen, herstelling en onderhoud van alle apparatuur gericht op voornoemde toepassingen.
  6. Het uitgeven en commercialiseren in de ruimste zin van het woord van boeken, tijdschriften, audio cassetten en CD’s, videomaterieel en producten, optische en magnetische dragers, zonder evenwel beperkend te zijn.
  7. Het aanschaffen, exploiteren of verlenen van licenties, octrooien en handelsmerken, alsmede alle aanvullende activiteiten, diensten en producten die vermelde doelstellingen ondersteunen.
  8. B.1. Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard, onder meer op het vlak van administratie, management, bedrijfsorganisatie, promotie en informatica.
  9. 2. Het waarnemen van de functie van bestuurder, zaakvoerder, lid van een directiecomité, manager, gemandateerde of vereffenaar in ondernemingen en vennootschappen.
  10. 3. Het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen.
  11. 4. Het verwerven, vervreemden en beheren van zowel roerende als onroerende goederen.
  12. 5. De invoer, uitvoer en handel van alle consumptiegoederen, grondstoffen, halffabricaten en fabricaten.
  13. 6. Het verstrekken van leningen aan derden, alsmede het zich borg stellen voor derden met hypotheekstelling en in pandgeving van alle roerende en onroerende goederen.
  14. Met uitdrukkelijke uitsluiting van vermogensbeheer en/of beleggingsadvies zoals bedoeld door de wet van 4 december 1990 en het Koninklijk Besluit van 5 augustus 1991.
  15. Zij mag alle commerciële, industriële en financiële activiteiten en alle onroerend en roerend goed activiteiten verrichten, die rechtstreeks of onrechtstreeks verband houden met haar voorwerp, alsook activiteiten die haar zullen toelaten voordeel te halen voor haar ontwikkeling, met uitzondering van de verrichtingen op roerende en onroerende waarden door de wet voorbehouden aan de banken en de beursvennootschappen.
  16. De vennootschap kan alle opdrachten waarnemen met betrekking tot het bestuur, het beheer, de directie, de controle en de vereffening van alle vennootschappen en ondernemingen.
  17. De vennootschap mag bij wijze van inbreng in speciën of in natura, fusie, inschrijving, deelneming, financiële tussenkomst of anderszins, belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen, in België of in het buitenland, waarvan het voorwerp verwant of analoog is met het hare of van aard haar voorwerp te bevorderen.
  18. Zij mag ook alle leningen toestaan of leningen waarborgen die door derden zijn toegestaan, met dien verstande dat de vennootschap geen enkele activiteit zal uitoefenen die onderworpen is aan wettelijke of gereglementeerde bepalingen toepasselijk op de krediet- en/of financiële instellingen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
TimeTronics
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, door zorgen van bestuursorgaan in bijlage tot Belgisch Staatsblad”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of May at 10:00

Articles of association, deed of 21-12-2023 (in Dutch)

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
Time Tronics
Lammerdries-Oost 23, 2250 OlenWholesale of other machinery and equipment
since 2012unit no. 2.215.316.286

Buildings and parcels at the address

Ground area
6,509 m²
Building footprint
1,279 m²
Building volume
7,037 m³
Parcel 13029E0559/00M000, Flanders · tallest building 7.9 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13029E0559/00M000 Flanders 6,509 m² 1 · 1,278 m² 7.9 m · 2