Bankrupt · Opening faillissement (CBE)

BUSINESS TIME

BE0763963189

Rechtspersoon Private limited company 1 establishment

BUSINESS TIME is a supermarket in Anderlecht. Private Limited, started on 23 February 2021, 1 establishment.

Brogniezstraat 62, 1070 Anderlecht

Behind the company: Riffat Mehmood.

Start date

23 February 2021

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 1 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

BUSINESS TIME from Anderlecht, company number BE0763963189, closed financial year 2023 with a result of € -68,440 after tax. For that financial year BUSINESS TIME recorded revenue of € 235,860 and equity of € -61,924. Compared with financial year 2022, the result moved from € 1,541 to € -68,440. 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 July 31, 2024.

What it is worth Caution

€ -61,924

▼ € 68,861 vs 2022

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

Loss Caution

€ -68,440

▼ still € 1,541 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 234

▼ 92% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -61,924.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 34,922

▲ 99% vs 2022

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 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 49,469

▲ € 49,356 vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 44,883

▲ 150% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 238,644 € 371,958 € 235,860 ▼ 37%
Gross margin € 8,216 € 20,889 € -24,140 ▼ € 45,029
Profit after taxes € 5,395 € 1,541 € -68,440 ▼ € 69,981
Equity € 5,395 € 6,936 € -61,924 ▼ € 68,861
Total debts € 5,734 € 18,793 € 95,065 ▲ € 76,272
Cash € 449 € 2,820 € 234 ▼ 92%
Retained profit € 5,395 € 6,936 € -61,924 ▼ € 68,861
Balance sheet total € 11,129 € 25,729 € 33,140 ▲ 29%

Key figures of BUSINESS TIME, 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 BUSINESS TIME?

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

BUSINESS TIME is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 68,440 (▼ € 69,981 vs 2022). Source: NBB ↗
  • New establishment in La Louvière. KBO
  • Start of the company according to the CBE. KBO

In short

From € 5,395 profit in 2021 to € 68,440 loss in 2023.

Paid € 1,734 in corporate taxes since 2021.

Best year ever: 2021, with € 5,395 profit.

Management

Riffat Mehmood
BUSINESS TIME

Behind BUSINESS TIME is Riffat Mehmood.

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Directors

According to the 2023 annual accounts

Riffat Mehmood

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Brogniezstraat 62

1070 Anderlecht

2.313.677.454

Rue Albert 1,Roi des Belges(L.L) 62

7100 La Louvière

Active since 26 February 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

+2 more

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

Details

Company number
0763.963.189
VAT number
BE 0763.963.189
Registered office
Brogniezstraat 62, 1070 Anderlecht
Names & denominations
BUSINESS TIME
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
23 February 2021
Peppol
Not registered
Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Frequently asked questions

What does BUSINESS TIME do?
BUSINESS TIME is a supermarket in Anderlecht. Private Limited, started on 23 February 2021, 1 establishment.
What is the address of BUSINESS TIME?
The registered office of BUSINESS TIME is located at Brogniezstraat 62, 1070 Anderlecht.
Is BUSINESS TIME still active?
No. The CBE lists BUSINESS TIME with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is BUSINESS TIME registered on Peppol?
No, BUSINESS TIME is currently not registered on the Peppol network.
What is the enterprise number of BUSINESS TIME?
The enterprise number of BUSINESS TIME is BE0763963189.
When was BUSINESS TIME founded?
BUSINESS TIME was founded on 23 February 2021.