Financials
Financial year 2024
TIME 2 BUILD from Brussel, company number BE0697758018, closed financial year 2024 with a result of € 385,464 after tax. For that financial year TIME 2 BUILD recorded a gross margin of € 1.2 million and equity of € 947,343. Compared with financial year 2023, the result moved from € 105,234 to € 385,464. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ 947,343
▲ 69% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 385,464
▲ 266% vs 2023
Profit after tax over the fiscal year.
€ 368,468
▲ € 295,284 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 934,943.
People and assets in 2024
€ 299,254
▲ 23% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 593,639
▼ 23% vs 2023
Of which on lease € 523,310.
Debts at end 2024
€ 555,534
▼ 28% vs 2023
€ 208,450 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▲ 67% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 183,636
▲ 285% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 482,283 | € 591,173 | € 687,011 | € 1,173,005 | ▲ 71% |
| Profit after taxes | € 181,473 | € 190,556 | € 105,234 | € 385,464 | ▲ 266% |
| Equity | € 266,088 | € 456,644 | € 561,879 | € 947,343 | ▲ 69% |
| Total debts | € 1,306,487 | € 1,354,268 | € 1,506,375 | € 1,864,373 | ▲ 24% |
| Cash | € 117,415 | € 294,837 | € 73,184 | € 368,468 | ▲ € 295,284 |
| Retained profit | € 253,688 | € 444,244 | € 549,479 | € 934,943 | ▲ 70% |
| Bank debt | € 338,321 | € 460,774 | € 766,808 | € 555,534 | ▼ 28% |
| Balance sheet total | € 1,572,575 | € 1,810,913 | € 2,068,253 | € 2,811,717 | ▲ 36% |
| Employees (FTE) | - | 4.7 | 8.1 | - |
Key figures of TIME 2 BUILD, 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 2 BUILD?
What happened at TIME 2 BUILD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 385,464 (▲ 266% vs 2023). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 181,473 profit in 2021 to € 385,464 profit in 2024.
Paid € 294,523 in corporate taxes since 2021.
Best year ever: 2024, with € 385,464 profit.
On average € 84,800 of value added per employee in 2023.
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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
Directors
According to the 2024 annual accounts
Sohaïb SEDKI
Director
Establishments
Establishment units
Physical locations of this company
Bruulstraat 53
1130 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.758.018
- VAT number
- BE 0697.758.018
- Registered office
- Bruulstraat 53, 1130 Brussel
- Names & denominations
- TIME 2 BUILD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2018
- Peppol
- Active · Active since 30 Mar 2026
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