What does TIME OUT do?

TIME OUT is a hospitality business in Oud-Heverlee. Private Limited, started on 1 December 2020, 1 establishment.

What is the address of TIME OUT?

The registered office of TIME OUT is located at Armand Verheydenstraat 2, 3053 Oud-Heverlee.

Is TIME OUT still active?

Yes. According to the CBE (16 September 2026) TIME OUT is active, legal situation “Normale toestand”, started on 1 December 2020.

Is TIME OUT registered on Peppol?

Yes, TIME OUT is registered on the Peppol network with ID 0208:0758938985.

What is the enterprise number of TIME OUT?

The enterprise number of TIME OUT is BE0758938985.

When was TIME OUT founded?

TIME OUT was founded on 1 December 2020.

Who are the directors of TIME OUT?

According to the 2025 annual accounts, the directors of TIME OUT are: Sisi Zhou, Shengle Lu.

Is TIME OUT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 December 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TIME OUT make in 2025?

TIME OUT posted a profit after taxes of € 2,712 in financial year 2025.

What is the revenue of TIME OUT?

As a small company, TIME OUT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 55,333.

TIME OUT (Private Limited) - Oud-Heverlee - BE0758938985

Dossier TIME OUT, printed on 16 September 2026 from databakkes.be/en/0758938985/time-out. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TIME OUT from Oud-Heverlee, company number BE0758938985, closed financial year 2025 with a result of € 2,712 after tax. For that financial year TIME OUT recorded a gross margin of € 55,333 and equity of € 43,933. Compared with financial year 2024, the result moved from € 12,458 to € 2,712. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.

What it is worth Growing

€ 43,933

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2,712

▼ 78% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,717

▲ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 33,933.

People and assets in 2025

Wage cost

€ 1,615

▲ 71% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 29,214

▼ 27% vs 2024

Of which on lease € 7,576.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 196,133

▼ 9% vs 2024

€ 22,035 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 20,042 Gross margin 2022: € 20,042 First fiscal year in the series	€ 53,107 Gross margin 2023: € 53,107 ▲ 165% vs 2022 (€ 20,042) Favourable step	€ 66,705 Gross margin 2024: € 66,705 ▲ 26% vs 2023 (€ 53,107) Favourable step	€ 55,333 Gross margin 2025: € 55,333 ▼ 17% vs 2024 (€ 66,705) Unfavourable step	▼ 17%
Profit after taxes	€ 295 Profit after taxes 2022: € 295 First fiscal year in the series	€ 3,606 Profit after taxes 2023: € 3,606 ▲ € 3,312 vs 2022 (€ 295) Favourable step	€ 12,458 Profit after taxes 2024: € 12,458 ▲ 245% vs 2023 (€ 3,606) Favourable step	€ 2,712 Profit after taxes 2025: € 2,712 ▼ 78% vs 2024 (€ 12,458) Unfavourable step	▼ 78%
Equity	€ 25,157 Equity 2022: € 25,157 First fiscal year in the series	€ 28,763 Equity 2023: € 28,763 ▲ 14% vs 2022 (€ 25,157) Favourable step	€ 41,221 Equity 2024: € 41,221 ▲ 43% vs 2023 (€ 28,763) Favourable step	€ 43,933 Equity 2025: € 43,933 ▲ 7% vs 2024 (€ 41,221) Favourable step	▲ 7%
Total debts	€ 526,659 Total debts 2022: € 526,659 First fiscal year in the series	€ 270,000 Total debts 2023: € 270,000 ▼ 49% vs 2022 (€ 526,659) Favourable step	€ 265,335 Total debts 2024: € 265,335 ▼ 2% vs 2023 (€ 270,000) Favourable step	€ 238,303 Total debts 2025: € 238,303 ▼ 10% vs 2024 (€ 265,335) Favourable step	▼ 10%
Cash	€ 3,463 Cash 2022: € 3,463 First fiscal year in the series	€ 7,788 Cash 2023: € 7,788 ▲ 125% vs 2022 (€ 3,463) Favourable step	€ 13,259 Cash 2024: € 13,259 ▲ 70% vs 2023 (€ 7,788) Favourable step	€ 13,717 Cash 2025: € 13,717 ▲ 3% vs 2024 (€ 13,259) Favourable step	▲ 3%
Retained profit	€ 15,157 Retained profit 2022: € 15,157 First fiscal year in the series	€ 18,763 Retained profit 2023: € 18,763 ▲ 24% vs 2022 (€ 15,157) Favourable step	€ 31,221 Retained profit 2024: € 31,221 ▲ 66% vs 2023 (€ 18,763) Favourable step	€ 33,933 Retained profit 2025: € 33,933 ▲ 9% vs 2024 (€ 31,221) Favourable step	▲ 9%
Bank debt	€ 175,000 Bank debt 2022: € 175,000 First fiscal year in the series	€ 202,324 Bank debt 2023: € 202,324 ▲ 16% vs 2022 (€ 175,000) Unfavourable step	€ 216,571 Bank debt 2024: € 216,571 ▲ 7% vs 2023 (€ 202,324) Unfavourable step	€ 196,133 Bank debt 2025: € 196,133 ▼ 9% vs 2024 (€ 216,571) Favourable step	▼ 9%
Balance sheet total	€ 551,816 Balance sheet total 2022: € 551,816 First fiscal year in the series	€ 298,764 Balance sheet total 2023: € 298,764 ▼ 46% vs 2022 (€ 551,816) Unchanged	€ 306,556 Balance sheet total 2024: € 306,556 ▲ 3% vs 2023 (€ 298,764) Unchanged	€ 282,236 Balance sheet total 2025: € 282,236 ▼ 8% vs 2024 (€ 306,556) Unchanged	▼ 8%

Key figures of TIME OUT, 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 TIME OUT?

What happened at TIME OUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 21, 2026 New annual accounts for financial year 2025: profit of € 2,712 (▼ 78% vs 2024). filed late Source: NBB ↗
Feb 1, 2021 New establishment in Oud-Heverlee. KBO
Dec 1, 2020 Start of the company according to the CBE. KBO

In short

From € 295 profit in 2022 to € 2,712 profit in 2025.

Paid € 15,272 in corporate taxes since 2022.

Best year ever: 2024, with € 12,458 profit.

Original PDFs at the National Bank ↗

A new publication or filing at TIME OUT? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Sisi Zhou Shengle Lu

TIME OUT

LYZ Home

Behind TIME OUT are Sisi Zhou and Shengle Lu. Shengle Lu is also behind LYZ Home.

See the full network in the app

Directors

According to the 2025 annual accounts

Sisi Zhou

Administrator-manager

Shengle Lu

Director

Also active at: LYZ Home

Establishments

Establishment units

Physical locations of this company

Registered office

Armand Verheydenstraat 2

3053 Oud-Heverlee

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0758.938.985

VAT number

BE 0758.938.985

Registered office

Armand Verheydenstraat 2, 3053 Oud-Heverlee

Names & denominations

TIME OUT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 December 2020

Peppol

Active · Active since 5 Jan 2021

Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Verhuur en lease van vrachtwagens

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

TIME OUT

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Financials

What happened to TIME OUT?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

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