Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEGANCE OF TIME from Waterloo, company number BE0467130125, closed financial year 2025 with a result of € 4,550 after tax. For that financial year ELEGANCE OF TIME recorded a gross margin of € 10,185 and equity of € -20,935. Compared with financial year 2024, the result moved from € -7,250 to € 4,550. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -20,935
▲ € 4,550 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,550
▲ still € 7,250 loss in 2024
Profit after tax over the fiscal year.
€ 75
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -51,527.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,692
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 46,898
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 59,679
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,241
▼ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -27,050 | € 18,581 | € 2,825 | € 10,185 | ▲ 261% |
| Profit after taxes | € -41,390 | € 10,356 | € -7,250 | € 4,550 | ▲ € 11,800 |
| Equity | € -28,591 | € -18,236 | € -25,485 | € -20,935 | ▲ € 4,550 |
| Total debts | € 109,404 | € 108,206 | € 112,688 | € 127,251 | ▲ 13% |
| Cash | € 3,103 | € 300 | € 621 | € 75 | ▼ 88% |
| Retained profit | € -59,183 | € -48,828 | € -56,077 | € -51,527 | ▲ € 4,550 |
| Bank debt | € 69,063 | € 49,986 | € 54,439 | € 46,898 | ▼ 14% |
| Balance sheet total | € 80,813 | € 89,971 | € 87,203 | € 106,316 | ▲ 22% |
Key figures of ELEGANCE OF TIME, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ELEGANCE OF TIME?
What happened at ELEGANCE OF TIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,550. Source: NBB ↗
- Alain Gilbert M. DE NIJS became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,390 loss in 2022 to € 4,550 profit in 2025.
Paid € 2,140 in corporate taxes since 2022.
Best year ever: 2023, with € 10,356 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
Behind ELEGANCE OF TIME is Alain Gilbert M. DE NIJS. Alain Gilbert M. DE NIJS is also behind ALANSPHIL.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Drève Richelle 96
1410 Waterloo
Drève Richelle 197
1410 Waterloo
Active since 6 March 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0467.130.125
- VAT number
- BE 0467.130.125
- Registered office
- Drève Richelle 96, 1410 Waterloo
- Names & denominations
- ELEGANCE OF TIME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1999
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
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