Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
TIMELESS DEVELOPERS from Antwerpen, company number BE0404815345, closed financial year 2022 with a result of € -2,269 after tax. For that financial year TIMELESS DEVELOPERS recorded a gross margin of € 52,534 and equity of € 36,311. Compared with financial year 2021, the result moved from € 549 to € -2,269. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2023.
€ 36,311
▼ 6% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,269
▼ still € 549 profit in 2021
Profit after tax over the fiscal year.
€ 5,145
▲ € 5,003 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,689.
Debts at end 2022
€ 3.5 million
▲ 44% vs 2021
Loans from banks and other lenders, long and short.
€ 2.2 million
▼ 25% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 1,420
▼ 99% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 79,643 | € 52,534 | ▼ 34% |
| Profit after taxes | € 549 | € -2,269 | ▼ € 2,819 |
| Equity | € 38,580 | € 36,311 | ▼ 6% |
| Total debts | € 5,483,579 | € 5,721,159 | ▲ 4% |
| Cash | € 142 | € 5,145 | ▲ € 5,003 |
| Retained profit | € -11,420 | € -13,689 | ▼ € 2,269 |
| Bank debt | € 2,463,500 | € 3,543,270 | ▲ 44% |
| Balance sheet total | € 5,522,159 | € 5,757,470 | ▲ 4% |
Key figures of TIMELESS DEVELOPERS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to TIMELESS DEVELOPERS?
What happened at TIMELESS DEVELOPERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TIMELESS DEVELOPERS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 2,269 (▼ € 2,819 vs 2021). filed late Source: NBB ↗
- William Vekemans stepped down as director. NBB
- William Vekemans became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 549 profit in 2021 to € 2,269 loss in 2022.
Paid € 5,251 in corporate taxes since 2021.
Best year ever: 2021, with € 549 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SOLANA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMELESS DEVELOPERSBehind TIMELESS DEVELOPERS is For 2 Projects BV. The shares are held by SOLANA (50%).
Directors
According to the 2022 annual accounts
Director · represented by Ludovicus Vekemans
since 2022 · until 2023
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlaamsekaai 5
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.815.345
- VAT number
- BE 0404.815.345
- Registered office
- Vlaamsekaai 5, 2000 Antwerpen
- Names & denominations
- TIMELESS DEVELOPERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 June 1961
- Peppol
- Not registered
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis