EURO TIME CONSTRUCT
ActiveEURO TIME CONSTRUCT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €27k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+81
Solvency100▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.55 in 2024), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 41
Relative position
BE, all sectors
reference
Sector 41
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 dateAge against the risk zone
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
70%
Return on assets
11.4%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
5 d early
2022
20 d early
2021
4 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€169k▲ 19.4%
2024 · €141k
2019: €-79k
2020: €111k
2021: €83k
2022: €170k
2023: €151k
2024: €141k
2019 → 2025
Total assets
€241k▲ 9.8%
2024 · €219k
2019: €705k
2020: €153k
2021: €116k
2022: €195k
2023: €249k
2024: €219k
2019 → 2025
Net result
€27k
2024 · €-10k
2019: €-101k
2020: €190k
2021: €-27k
2022: €87k
2023: €-18k
2024: €-10k
2019 → 2025
Working capital
€61k▲ 156%
2024 · €24k
2019: €-243k
2020: €30k
2021: €10k
2022: €103k
2023: €54k
2024: €24k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€170k▲ 105%€151k▼ 10.9%€141k▼ 6.7%€169k▲ 19.4%
Operating result€-26k-€89k€-17k€-8k▲ 51.0%€29k
Net result€-27k-€87k€-18k€-10k▲ 44.8%€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €29k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€125k▼ 17.6%
Current assets
€116k▲ 71.6%
Equity and liabilities €241k
Equity
€169k▲ 19.4%
Debt
€72k▼ 7.6%
The debt ratio falls from 35.6% to 30.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€61k▲
2024 · €16k
Cash flow
€59k▲
2024 · €14k
Solvency
70.0%▲
2024 · 64.4%
Current ratio
2.13▲
2024 · 1.55
Quick ratio
2.10▲
2024 · 1.25
Debt / equity
0.43▼
2024 · 0.55
ROE
16.2%▲
2024 · -7.1%
ROA
11.4%▲
2024 · -4.6%
Interest coverage
25.90▲
2024 · 5.34
Debt
€72k▼
2024 · €78k
Debt ≤ 1 year
€54k▲
2024 · €43k
Debt > 1 year
€18k▼
2024 · €35k
Income taxes
€467▼
2024 · €540
Staff costs
€166k▼
2024 · €185k
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 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€219k€241k▲
Fixed assets21/28€152k€125k▼
Tangible fixed assets22/27€152k€125k▼
Land and buildings22€36k€34k▼
Plant, machinery and equipment23€7k€10k▲
Furniture and vehicles24€109k€81k▼
Financial fixed assets28€135€135=
Current assets29/58€67k€116k▲
Stocks and contracts in progress3€13k€2k▼
Stocks30/36€2k€2k=
Contracts in progress37€12k-
Amounts receivable within one year40/41€31k€62k▲
Trade receivables40€27k€55k▲
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€15k€52k▲
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€219k€241k▲
Equity10/15€141k€169k▲
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€29k€29k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€14k€14k=
Profit (loss) carried forward14€-37k€-10k▲
Amounts payable17/49€78k€72k▼
Amounts payable after more than one year17€35k€18k▼
Financial debts170/4€35k€18k▼
Amounts payable within one year42/48€43k€54k▲
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€16k€25k▲
Suppliers440/4€16k€25k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€540€467▼
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€98€73▼
Income statement
Code20242025
Non-recurring operating income76A€23k€3k▼
Remuneration, social security and pensions62€185k€166k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€32k▲
Other operating charges640/8€12k€8k▼
Gross operating margin9900€213k€235k▲
Operating profit (loss)9901€-8k€29k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-10k€28k▲
Income taxes67/77€540€467▼
Profit (loss) for the period9904€-10k€27k▲
Profit (loss) for the period to be appropriated9905€-10k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-10k▲
Profit (loss) brought forward from the previous period14P€-27k€-37k▼
The notes to these accounts (10 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
30-06
Financial
Equity above €150kEq €169k ▲19.4%
Equity rises from €141k to €169k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
30-06
Financial
Liquidity quadruplescurrent ratio 5.06
Current ratio from 1.43 to 5.06.
30-06
Financial
Equity above €150kEq €170k ▲105%
Equity rises from €83k to €170k.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €190k
Net result €190k after one loss-making year.
30-06
Financial
Liquidity quadruplescurrent ratio 2.29
Current ratio from 0.64 to 2.29; short-term debt falls from €679k to €23k.
30-06
Financial
Equity above €100kEq €111k
Equity rises from €-79k to €111k.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waremme · 1 establishment unit since 2001
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.
Au Fonds Râce 354300 WaremmeGround area
2,224 m²
Building footprint
510 m²
Volume, LiDAR
3,101 m³
Parcel 64074B0163/00B002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Au Fonds Râce 35, 4300 Waremme
since 20012.098.106.733
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0163/00B002 | Wallonia | 2,224 m² | 1 · 510 m² | 7.5 m · 2 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.
Similar companies · same sector, comparable size
FINECO CONSTRUCTION
BE 0876.540.894
Fernelmont · Eq €169k
TRUCHEL GROUP
BE 0892.226.487
Sint-Gillis (bij-Brussel) · Eq €169k
TELECOM SECURITY
BE 0831.873.780
Gerpinnes · Eq €168k
NEW OMNI
BE 0839.231.627
Sint-Agatha-Berchem · Eq €168k
THINK CONSTRUCTION
BE 0643.693.780
Vilvoorde · Eq €169k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-05-2001
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
37000Sewerage
43350Other building finishing work
90010
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.