Active BE 0474.034.347Private limited company

TWILIGHT ZONE

Toekomstlaan(HRT) 39 ·2200 Herentals, Belgium· 25 yrs active

Sector: Retail trade (47552)

Conclusion Checked

The computed 12-month bankruptcy probability of TWILIGHT ZONE is 0.7% (low). The 2024 annual accounts show equity of €458k and a net result of €-51k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 1225 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€458k
Net result	€-51k
Staff (FTE)	2.7
Better than sector	43%

Snowflake analysis 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 2

Profitability 0

Solvency 11

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2001, 25 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

2 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~7.2%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	15.8%	20.4%	better than 43% of 1225 sector peers
Net result	€-51k	€26k	better than 13% of 1224 sector peers
Equity	€458k	€142k	better than 78% of 1225 sector peers
Gross operating margin	€359k	€217k	better than 66% of 1223 sector peers
Staff costs	€201k	€163k	higher than 58% of 933 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€136k

+10.6% 18-24

Net profit

€-51k

-255.3% 18-24

Cash flow

€13k

-73.8% 18-24

Total assets

€2.90M

-1.7% 18-24

Equity

€458k

-10.0% 18-24

Working capital

€-951k

-52.3% 18-24

Employees (FTE)

3

+35.0% 18-24

Staff costs

€201k

-0.6% 18-24

Income taxes

€236

+7.6% 18-24

Debt

€2.44M

+0.1% 18-24

Debt ≤ 1y

€1.47M

+28.5% 18-24

Debt > 1y

€968k

-25.2% 18-24

Current ratio

0.35

-22.1% 18-24

Quick ratio

0.29

-25.7% 18-24

Solvency

15.8%

-8.4% 18-24

Debt / equity

5.33

+11.1% 18-24

ROE

-11.1%

-294.6% 18-24

ROA

-1.7%

-261.3% 18-24

Interest coverage

1.10

-33.5% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€136k
Net profit	€-51k
Cash flow	€13k
Staff costs	€201k
Income taxes	€236
Dividends	-
Total assets	€2.90M
Equity	€458k
Debt	€2.44M
of which ≤ 1y	€1.47M
of which > 1y	€968k
Working capital	€-951k
Employees (FTE)	2.7

Ratios (computed)

	2024
Current ratio	0.35
Quick ratio	0.29
Working capital ratio	-32.8%
Solvency	15.8%
Debt / equity	5.33
Long-term debt ratio	2.12
Interest coverage	1.10
Gross margin	-
Net margin	-
ROA	-1.7%
ROE	-11.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2.38M · 82.0% Current assets €522k · 18.0%

Equity & liabilities

Equity €458k · 15.8% Debt €2.44M · 84.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.90M
Fixed assets	21/28	€2.38M
Tangible fixed assets	22/27	€321k
Financial fixed assets	28	€2.06M
Current assets	29/58	€522k
Stocks & contracts in progress	3	€92k
Amounts receivable within one year	40/41	€205k
Cash & bank	54/58	€157k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.90M
Equity	10/15	€458k
Contributions / capital	10/11	€106k
Reserves	13	€352k
Amounts payable	17/49	€2.44M
Amounts payable after one year	17	€968k
Amounts payable within one year	42/48	€1.47M
Trade debts payable within one year	44	€926k
Income statement
Gross operating margin	9900	€359k
Operating result	9901	€72k
Financial income	75	€390
Financial charges	65	€123k
Result before taxes	9903	€-50k
Income taxes	67/77	€236
Net result for the period	9904	€-51k
Result to be appropriated	9905	€-51k

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Ratios computed by Checked.

Legal Structure

NACE primary	Retail trade(47552)
Legal form	Private limited company(610)
Incorporation	08-02-2001
Status	Active
Postal code	2200

Establishment units 1 location

2Lite

Toekomstlaan(HRT) 39, 2200 Herentalsde groothandel in kledingaccessoires, zoals handschoenen, dassen en ceinturen, paraplu's

since 20012.101.253.491

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13302D0236/00E000	Flanders	9,586 m²	1 · 822 m²	10.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

29-08-2025