Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E-TIME from Herzele, company number BE0474163912, closed financial year 2025 with a result of € -31,477 after tax. For that financial year E-TIME recorded a gross margin of € 31,478 and equity of € 306,715. Compared with financial year 2024, the result moved from € -14,039 to € -31,477. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 306,715
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,477
▼ 124 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,023
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 287,715.
People and assets in 2025
€ 11,687
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 52,083
▼ 14% vs 2024
€ 8,333 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 22,312
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,131
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,965 | € 45,994 | € 51,983 | € 31,478 | ▼ 39% |
| Profit after taxes | € -46,206 | € -24,442 | € -14,039 | € -31,477 | ▼ € 17,438 |
| Equity | € 376,673 | € 352,231 | € 338,192 | € 306,715 | ▼ 9% |
| Total debts | € 196,201 | € 202,423 | € 223,864 | € 234,686 | ▲ 5% |
| Cash | € 40,691 | € 7,535 | € 3,696 | € 2,023 | ▼ 45% |
| Land & buildings | € 313,290 | € 286,369 | € 259,448 | € 232,667 | ▼ 10% |
| Retained profit | € 357,673 | € 333,231 | € 319,192 | € 287,715 | ▼ 10% |
| Bank debt | € 77,083 | € 68,750 | € 60,416 | € 52,083 | ▼ 14% |
| Balance sheet total | € 572,874 | € 554,655 | € 562,056 | € 541,401 | ▼ 4% |
Key figures of E-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 31 July 2027.
What happened to E-TIME?
What happened at E-TIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,477. filed late Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,206 loss in 2022 to € 31,477 loss in 2025.
Management
Behind E-TIME is Rudy De Vos.
Directors
According to the 2025 annual accounts
Rudy De Vos
Director
Establishments
Establishment units
Physical locations of this company
Kampenstraat 42A
9552 Herzele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.163.912
- VAT number
- BE 0474.163.912
- Registered office
- Kampenstraat 42A, 9552 Herzele
- Names & denominations
- E-TIME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2001
- Peppol
- Active · Active since 11 Feb 2025
- Activities · NACE
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