Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HIGH TIME from Blankenberge, company number BE0524916587, closed financial year 2025 with a result of € 1,373 after tax. For that financial year HIGH TIME recorded a gross margin of € 154,356 and equity of € 129,882. Compared with financial year 2024, the result moved from € -29,908 to € 1,373. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 129,882
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,373
▲ still € 29,908 loss in 2024
Profit after tax over the fiscal year.
€ 62,010
▲ 27% 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 € 81,282.
People and assets in 2025
€ 672
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 1% vs 2024
€ 77,861 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 17,837
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,610
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,469 | € 84,471 | € 82,293 | € 154,356 | ▲ 88% |
| Profit after taxes | € 31,072 | € 33,044 | € -29,908 | € 1,373 | ▲ € 31,281 |
| Equity | € 125,373 | € 158,416 | € 128,509 | € 129,882 | ▲ 1% |
| Total debts | € 596,338 | € 579,269 | € 2,227,105 | € 2,212,686 | ▼ 1% |
| Cash | € 12,274 | € 14,543 | € 48,792 | € 62,010 | ▲ 27% |
| Land & buildings | € 466,401 | € 452,615 | € 2,032,029 | € 1,990,387 | ▼ 2% |
| Retained profit | € 76,773 | € 109,816 | € 79,909 | € 81,282 | ▲ 2% |
| Bank debt | € 406,135 | € 385,874 | € 1,998,298 | € 1,978,818 | ▼ 1% |
| Balance sheet total | € 721,711 | € 737,685 | € 2,355,614 | € 2,342,567 | ▼ 1% |
Key figures of HIGH 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 HIGH TIME?
What happened at HIGH 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 € 1,373. Source: NBB ↗
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
- Ulrike De Klerck became a director. NBB
- Kris Peter Patrouille became a director. NBB
In short
From € 31,072 profit in 2022 to € 1,373 profit in 2025.
Paid € 30,513 in corporate taxes since 2022.
Best year ever: 2023, with € 33,044 profit.
Management
Behind HIGH TIME are Ulrike De Klerck and Kris Peter Patrouille.
Directors
According to the 2025 annual accounts
Ulrike De Klerck
Director
since 2013
Kris Peter Patrouille
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Kerkstraat 24
8370 Blankenberge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0524.916.587
- VAT number
- BE 0524.916.587
- Registered office
- Kerkstraat 24, 8370 Blankenberge
- Names & denominations
- HIGH TIME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2013
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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