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 3 of the last 4 fiscal years.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TIME OF WOOD from Wavre, company number BE0679779562, closed financial year 2024 with a result of € -68,820 after tax. For that financial year TIME OF WOOD recorded a gross margin of € 1,613 and equity of € -56,351. Compared with financial year 2023, the result moved from € 24,015 to € -68,820. The company made a loss. 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 August 21, 2025.
€ -56,351
▼ € 68,820 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,820
▼ still € 24,015 profit in 2023
Profit after tax over the fiscal year.
€ 347
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -74,951.
Debts at end 2024
€ 226
▼ 66% vs 2023
Loans from banks and other lenders, long and short.
€ 1,105
▼ 73% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -205 | € 1,688 | € 25,655 | € 1,613 | ▼ 94% |
| Profit after taxes | € -1,739 | € -125 | € 24,015 | € -68,820 | ▼ € 92,834 |
| Equity | € -23,822 | € -11,547 | € 12,468 | € -56,351 | ▼ € 68,820 |
| Total debts | € 32,527 | € 24,585 | € 13,287 | € 1,331 | ▼ 90% |
| Cash | € 1,795 | € 3,490 | € 1,063 | € 347 | ▼ 67% |
| Retained profit | € -30,022 | € -30,147 | € -6,132 | € -74,951 | ▼ € 68,820 |
| Bank debt | € 4,564 | € 2,792 | € 661 | € 226 | ▼ 66% |
| Balance sheet total | € 8,705 | € 13,038 | € 25,755 | € 1,370 | ▼ 95% |
Key figures of TIME OF WOOD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TIME OF WOOD?
What happened at TIME OF WOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TIME OF WOOD is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 68,820 (▼ € 92,834 vs 2023). filed late Source: NBB ↗
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,739 loss in 2021 to € 68,820 loss in 2024.
Best year ever: 2023, with € 24,015 profit.
A new publication or filing at TIME OF WOOD? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Avenue Pasteur 6/H
1300 Wavre
Chemin de la Justice 38 box C
7800 Ath
Active since 1 October 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0679.779.562
- VAT number
- BE 0679.779.562
- Registered office
- Avenue Pasteur 6/H, 1300 Wavre
- Names & denominations
- TIME OF WOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 August 2017
- Peppol
- Not registered
- Activities · NACE
Schrijnwerk