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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
Time-Out from Waremme, company number BE0685886307, closed financial year 2022 with a result of € 9,576 after tax. For that financial year Time-Out recorded revenue of € 141,459 and equity of € -460. Compared with financial year 2021, the result moved from € 24,288 to € 9,576. The company is profitable. 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 June 16, 2023.
€ -460
▲ € 9,576 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,576
▼ 61% vs 2021
Profit after tax over the fiscal year.
€ 16,503
▼ 45% vs 2021
Cash and bank balances on the last day of the fiscal year.
People and assets in 2022
€ 50,432
▲ 211% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2022
€ 65,363
▼ 18% vs 2021
€ 11,997 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,790
▼ 66% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 8,643
▲ 112% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | - | € 141,459 | |
| Gross margin | € 54,686 | € 72,686 | ▲ 33% |
| Profit after taxes | € 24,288 | € 9,576 | ▼ 61% |
| Equity | € -10,036 | € -460 | ▲ € 9,576 |
| Total debts | € 107,900 | € 82,246 | ▼ 24% |
| Cash | € 30,010 | € 16,503 | ▼ 45% |
| Retained profit | € -16,236 | € -6,660 | ▲ € 9,576 |
| Bank debt | € 80,019 | € 65,363 | ▼ 18% |
| Balance sheet total | € 97,865 | € 81,786 | ▼ 16% |
Key figures of Time-Out, 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 Time-Out?
What happened at Time-Out in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: profit of € 9,576 (▼ 61% vs 2021). Source: NBB ↗
- Amicale Basket Club Waremme became a director. NBB
- Volley-Ball Club Waremme ASBL became a director. NBB
- New establishment in Waremme. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,288 profit in 2021 to € 9,576 profit in 2022.
Best year ever: 2021, with € 24,288 profit.
Management
Behind Time-Out are Amicale Basket Club Waremme and Volley-Ball Club Waremme ASBL.
Directors
According to the 2022 annual accounts
Director · represented by Luc CEULERS
since 2023
Director · represented by Vincent PERIN
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée Romaine (War) 67
4300 Waremme
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0685.886.307
- VAT number
- BE 0685.886.307
- Registered office
- Chaussée Romaine (War) 67, 4300 Waremme
- Names & denominations
- Time-Out
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 13 December 2017
- Peppol
- Active · Active since 28 Dec 2025
- Activities · NACE
Andere drinkgelegenheden
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Eetgelegenheden met beperkte bediening
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