Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Timefold from Gent, company number BE0794647853, closed financial year 2025 with a result of € -2.8 million after tax. For that financial year Timefold recorded a gross margin of € -1.5 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -1.6 million to € -2.8 million. The company made a loss. The buffer shrank hard: equity is 51 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 2.7 million
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▼ 75 % more loss than in 2024
Profit after tax over the fiscal year.
€ 746,243
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.3 million.
People and assets in 2025
9
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 905,037
▲ 79% vs 2024
€ 100,600 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.
€ 26,986
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 476,612
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97,117
▲ 103% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -737,758 | € -1,198,857 | € -1,544,437 | ▼ € 345,581 |
| Profit after taxes | € -890,109 | € -1,611,667 | € -2,812,608 | ▼ € 1.2 million |
| Equity | € 1,113,891 | € 5,502,240 | € 2,689,632 | ▼ 51% |
| Total debts | € 576,361 | € 1,132,815 | € 2,009,988 | ▲ 77% |
| Cash | € 1,621,123 | € 1,451,601 | € 746,243 | ▼ 49% |
| Retained profit | € -890,109 | € -2,501,776 | € -5,314,384 | ▼ € 2.8 million |
| Balance sheet total | € 1,690,252 | € 6,635,056 | € 4,699,620 | ▼ 29% |
| Employees (FTE) | 1.9 | 4.5 | 9 | ▲ 4.5 |
Key figures of Timefold, fiscal years 2023 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 Timefold?
What happened at Timefold in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.8 million. Source: NBB ↗
- Alexander Meyer-Scharenberg became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 890,109 loss in 2023 to € 2.8 million loss in 2025.
Management
The stake of Smartfin Ventures II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TimefoldBehind Timefold are Enrico Paolo Mellis, BIG JUMP MANAGEMENT BV, NP-Easy Consulting BV, Thomas Depuydt and Alexander Meyer-Scharenberg. The shares are held by Smartfin Ventures II (27.3%). It owns 100% of Timefold CZ s.r.o. itself.
Directors
According to the 2025 annual accounts
Enrico Paolo Mellis
Director
Director · represented by Maarten Vandenbroucke
Director · represented by Geoffrey De Smet
Thomas Depuydt
Director
Alexander Meyer-Scharenberg
Director
since 2026
Shareholders
27.3%
Participations
Timefold CZ s.r.o.
100%
Establishments
Establishment units
Physical locations of this company
Sint-Pietersnieuwstraat 11
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →SpiraLink
€ -18,512 gross margin · 2025
Desembrood & Co
€ 566,564 gross margin · 2025
PAPERBOX
€ 576,658 gross margin · 2024
SpineWise
€ 98,790 gross margin · 2025
Tally
€ 1.8 million gross margin · 2025
+13 more
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
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
timefold.ai
Registered
2022-10-26
Registrar
Key-Systems GmbH
Expires
2026-10-26
Website info
Features
Security
Network
Details
- Company number
- 0794.647.853
- VAT number
- BE 0794.647.853
- Registered office
- Sint-Pietersnieuwstraat 11, 9000 Gent
- Names & denominations
- Timefold
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2022
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- timefold.ai [email protected]
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten