XTRA-TIME
ActiveThe computed 12-month bankruptcy probability of XTRA-TIME is 3.5% (moderate). For XTRA-TIME, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €17k and a net result of €-2k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 16709 sector peers (fiscal year 2022). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2020
Profitability45▼-55
Solvency98▼-2
Growth68▼-10
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
72.7%
Return on assets
-9.5%
Age of the figures
45 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-08-2023, 28 days 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
not confirmed
2024
not filed
2023
not filed
2022
28 d late
2020
153 d late
2019
102 d late
2018
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€154k▲ 99.8%
2020 · €77k
2020: €77k
2020 → 2022
EBIT margin
-1.4%▼ 16.5pp
2020 · 15.1%
2020: 15.1%
2020 → 2022
Net result
€-2k
2020 · €11k
2018: €-773
2019: €7k
2020: €11k
2018 → 2022
Working capital
€11k▼ 37.8%
2020 · €18k
2018: €-4k
2019: €4k
2020: €18k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202022Trend
Turnover€77k€154k▲ 99.8%
Equity€5k-€13k▲ 136%€24k▲ 89.3%€17k▼ 28.0%
Operating result€-3-€8k€12k▲ 50.9%€-2k
Net result€-773-€7k€11k▲ 55.1%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-2k in 2022, compared with €12k in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €24k
Fixed assets
€6k▲ 2.1%
Current assets
€18k▼ 7.5%
Equity and liabilities €24k
Equity
€17k▼ 28.0%
Debt
€6k▲ 489%
The debt ratio rises from 4.4% to 27.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€841▼
2020 · €16k
Cash flow
€744▼
2020 · €16k
Solvency
72.7%▼
2020 · 95.6%
Current ratio
2.73▼
2020 · 17.37
Quick ratio
2.59▼
2020 · 17.03
Debt / equity
0.38
ROE
-13.0%▼
2020 · 47.2%
ROA
-9.5%▼
2020 · 45.1%
Interest coverage
8.41
Debt
€6k▲
2020 · €1k
Debt ≤ 1 year
€6k▲
2020 · €1k
Staff costs
€26k
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 · 2022 against 2020
Balance sheet
Code20202022
Assets
Total assets20/58€25k€24k▼
Fixed assets21/28€6k€6k▲
Tangible fixed assets22/27€6k€6k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€3k
Current assets29/58€19k€18k▼
Stocks and contracts in progress3€373€925▲
Stocks30/36-€925
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40-€3k
Other amounts receivable41-€569
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€25k€24k▼
Equity10/15€24k€17k▼
Contributions10/11€6k€6k=
Capital10-€6k
Issued capital100-€19k
Uncalled capital101-€12k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€16k€9k▼
Amounts payable17/49€1k€6k▲
Amounts payable within one year42/48€1k€6k▲
Trade debts44€140€991▲
Suppliers440/4-€991
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Remuneration and social security454/9-€361
Other amounts payable47/48-€2k
Income statement
Code20202022
Turnover70€77k€154k▲
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61-€129k
Remuneration, social security and pensions62-€26k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Gross operating margin9900€23k€27k▲
Operating profit (loss)9901€12k€-2k▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B-€100
Recurring financial charges65€370€100▼
Profit (loss) for the period before taxes9903€11k€-2k▼
Income taxes67/77€94-
Profit (loss) for the period9904€11k€-2k▼
Profit (loss) for the period to be appropriated9905€11k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9k
Profit (loss) brought forward from the previous period14P-€11k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-2k ▼120%
Net result drops to €-2k, the lowest in the series.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Highest result since 2018net €11k ▲55.1%
Operating result €12k, net result €11k, both a record.
31-12
Financial
Liquidity times 12current ratio 17.37
Current ratio from 1.41 to 17.37; short-term debt falls from €9k to €1k.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2015
06-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 98 days late
2014
18-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 18 days late
2013
23-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 145 days late
2012
28-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kraainem · 1 establishment unit since 2009
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.
Patronaatstraat 101950 KraainemGround area
1,605 m²
Building footprint
1,928 m²
Volume, LiDAR
14,600 m³
Parcel 22002A0184/00L000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Xtra-time
since 20092.181.970.755
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002A0184/00L000 | Flanders | 1,605 m² | 1 · 1,928 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteKraainem2.181.970.755
Similar companies · same sector, comparable size
Dangle
BE 1003.602.283
Jette · Eq €17k
NEW BOSPORUS
BE 0872.901.416
Diepenbeek · Eq €17k
TADI
BE 1002.699.589
Londerzeel · Eq €17k
DE PERANNEL
BE 0475.594.265
Dilbeek · Eq €17k
NNFF PRODUCTIONS
BE 0749.495.343
Brussel · Eq €17k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2009
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.