TIME
ActiveTIME has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200k and a net result of €25k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
96
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-3
Solvency73▼-26
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 2.64 in 2024), and 49.6% of the assets are financed with debt.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
50.4%
Return on assets
6.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
6 d early
2023
29 d early
2022
1 d early
2021
2 d early
2020
15 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close15-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€200k▲ 14.1%
2024 · €176k
2019: €95k
2020: €107k
2021: €114k
2022: €130k
2023: €153k
2024: €176k
2019 → 2025
Total assets
€397k▲ 39.1%
2024 · €286k
2019: €269k
2020: €277k
2021: €271k
2022: €269k
2023: €261k
2024: €286k
2019 → 2025
Net result
€25k▲ 8.9%
2024 · €23k
2019: €11k
2020: €12k
2021: €7k
2022: €16k
2023: €23k
2024: €23k
2019 → 2025
Working capital
€702▼ 98.5%
2024 · €47k
2019: €-9k
2020: €7k
2021: €5k
2022: €25k
2023: €31k
2024: €47k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€130k▲ 13.9%€153k▲ 17.4%€176k▲ 14.9%€200k▲ 14.1%
Operating result€15k-€28k▲ 85.0%€37k▲ 32.3%€36k▼ 2.3%€41k▲ 13.7%
Net result€7k-€16k▲ 125%€23k▲ 42.8%€23k▲ 0.3%€25k▲ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397k
Fixed assets
€346k▲ 65.5%
Current assets
€51k▼ 33.1%
Equity and liabilities €397k
Equity
€200k▲ 14.1%
Debt
€197k▲ 79.1%
The debt ratio rises from 38.5% to 49.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€54k▲
2024 · €49k
Cash flow
€38k▲
2024 · €36k
Solvency
50.4%▼
2024 · 61.5%
Current ratio
1.01▼
2024 · 2.64
Quick ratio
1.01▼
2024 · 2.64
Debt / equity
0.98▲
2024 · 0.63
ROE
12.4%▼
2024 · 12.9%
ROA
6.2%▼
2024 · 8.0%
Interest coverage
12.35▼
2024 · 13.47
Debt
€197k▲
2024 · €110k
Debt ≤ 1 year
€50k▲
2024 · €29k
Debt > 1 year
€142k▲
2024 · €79k
Income taxes
€12k▲
2024 · €9k
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€286k€397k▲
Fixed assets21/28€209k€346k▲
Tangible fixed assets22/27€209k€346k▲
Land and buildings22€194k€331k▲
Plant, machinery and equipment23€15k€15k▼
Furniture and vehicles24-€706
Financial fixed assets28€75€75=
Current assets29/58€76k€51k▼
Amounts receivable within one year40/41€11k€10k▼
Trade receivables40€10k€10k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€64k€39k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€286k€397k▲
Equity10/15€176k€200k▲
Contributions10/11€19k€19k=
Reserves13€156k€181k▲
Tax-exempt reserves132€20k€20k=
Distributable reserves133€136k€161k▲
Profit (loss) carried forward14€360€360=
Amounts payable17/49€110k€197k▲
Amounts payable after more than one year17€79k€142k▲
Financial debts170/4€79k€142k▲
Amounts payable within one year42/48€29k€50k▲
Current portion of amounts payable after more than one year42€13k€32k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Advances received on contracts in progress46€110-
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€10k€10k▼
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€52k€57k▲
Operating profit (loss)9901€36k€41k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€32k€36k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€23k€25k▲
Profit (loss) for the period to be appropriated9905€23k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€25k▲
Profit (loss) brought forward from the previous period14P€360€360=
Transfer to equity691/2€23k€25k▲
To other reserves6921€23k€25k▲
The notes to these accounts (11 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €25k ▲8.9%
Operating result €41k, net result €25k, both a record.
31-03
Financial
Equity above €200kEq €200k ▲14.1%
7 profitable years in a row build equity to €200k.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €150kEq €153k ▲17.4%
5 profitable years in a row build equity to €153k.
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €7k ▼41.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €100kEq €107k ▲12.7%
2 profitable years in a row build equity to €107k.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
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.
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, De Haan · 1 establishment unit since 2000
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.
Waterkasteellaan 158421 De HaanGround area
413 m²
Building footprint
88 m²
Volume, LiDAR
657 m³
Parcel 35021B0006/00C041, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Waterkasteellaan 15, 8421 De Haan
since 20002.099.641.808
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35021B0006/00C041 ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗ |
Flanders | 413 m² | 1 · 88 m² | 13.1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Winfera Kortrijk
BE 0693.750.433
Kortrijk · Eq €200k
BELISAT
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Winfera Limburg
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Diepenbeek · Eq €200k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 7,377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2000
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
45421
16230Manufacture of other builders' carpentry and joinery
20300
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.