Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
TIME 2 TRANS from Antwerpen, company number BE0719526697, closed financial year 2023 with a result of € 599,604 after tax. For that financial year TIME 2 TRANS recorded a gross margin of € 2.9 million and equity of € 30,995. Compared with financial year 2022, the result moved from € -663,073 to € 599,604. 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 October 14, 2024.
€ 30,995
▲ € 599,604 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 599,604
▲ still € 663,073 loss in 2022
Profit after tax over the fiscal year.
€ 18,865
▼ 76% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 16,345.
People and assets in 2023
41.4
▲ 8.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 15% vs 2022
€ 26,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 876
▼ 94% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 47,258
▼ 54% vs 2022
€ 32,693 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 235,782
▲ 82% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 364,685
▼ 27% vs 2022
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 2,134,144 | - | - | |
| Gross margin | € 915,852 | € 644,554 | € 2,948,386 | ▲ € 2.3 million |
| Profit after taxes | € 4,140 | € -663,073 | € 599,604 | ▲ € 1.3 million |
| Equity | € 94,463 | € -568,610 | € 30,995 | ▲ € 599,604 |
| Total debts | € 389,764 | € 788,931 | € 805,790 | ▲ 2% |
| Cash | € 5,389 | € 79,542 | € 18,865 | ▼ 76% |
| Retained profit | € 79,813 | € -583,260 | € 16,345 | ▲ € 599,604 |
| Bank debt | € 146,861 | € 103,163 | € 47,258 | ▼ 54% |
| Balance sheet total | € 484,228 | € 220,321 | € 836,785 | ▲ 280% |
| Employees (FTE) | - | 32.6 | 41.4 | ▲ 8.8 |
Key figures of TIME 2 TRANS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to TIME 2 TRANS?
What happened at TIME 2 TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TIME 2 TRANS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 599,604. filed late Source: NBB ↗
- Hassan Al-Zubaidi became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,140 profit in 2021 to € 599,604 profit in 2023.
Paid € 10,549 in corporate taxes since 2021.
Best year ever: 2023, with € 599,604 profit.
On average € 71,200 of value added per employee in 2023.
A new publication or filing at TIME 2 TRANS? We notify you, reason included.
Follow TIME 2 TRANSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind TIME 2 TRANS is Hassan Al-Zubaidi. Hassan Al-Zubaidi is also behind SERVICE GROUP.
Directors
According to the 2023 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Brusselstraat 51
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LEASEWEB-NL-AMS-01 Netherlands, NL
Domain
Domain
time2trans.com
Registered
2019-02-05
Registrar
Key-Systems GmbH
Expires
2027-02-05
Website info
Features
Security
Details
- Company number
- 0719.526.697
- VAT number
- BE 0719.526.697
- Registered office
- Brusselstraat 51, 2018 Antwerpen
- Names & denominations
- TIME 2 TRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 29 January 2019
- Peppol
- Active · Active since 5 Sept 2023
- Activities · NACE
Goederenvervoer over de weg