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 2 of the last 3 fiscal years.
Financials
Financial year 2025
The Time Hub from Kortrijk, company number BE1000241036, closed financial year 2025 with a result of € 1,218 after tax. For that financial year The Time Hub recorded a gross margin of € 5,601 and equity of € -3,899. Compared with financial year 2024, the result moved from € -9,848 to € 1,218. Profitable, and profit is growing. 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 August 31, 2026.
€ -3,899
▲ € 1,718 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,218
▲ still € 9,848 loss in 2024
Profit after tax over the fiscal year.
€ 11,023
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6,899.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,696
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,708
▼ 1% vs 2024
€ 2,314 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 5,498
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 422
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 2,560 | € -4,858 | € 5,601 | ▲ € 10,459 |
| Profit after taxes | € 1,731 | € -9,848 | € 1,218 | ▲ € 11,066 |
| Equity | € 4,231 | € -5,617 | € -3,899 | ▲ € 1,718 |
| Total debts | € 29,724 | € 40,433 | € 28,628 | ▼ 29% |
| Cash | € 19,793 | € 8,876 | € 11,023 | ▲ 24% |
| Retained profit | € 1,731 | € -8,117 | € -6,899 | ▲ € 1,218 |
| Bank debt | € 26,254 | € 23,026 | € 22,708 | ▼ 1% |
| Balance sheet total | € 33,954 | € 34,816 | € 24,728 | ▼ 29% |
Key figures of The Time Hub, 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 The Time Hub?
What happened at The Time Hub in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,218. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- ELLEN VANDEVYVERE became a director. NBB
In short
From € 1,731 profit in 2023 to € 1,218 profit in 2025.
Paid € 624 in corporate taxes since 2023.
Best year ever: 2023, with € 1,731 profit.
A new publication or filing at The Time Hub? We notify you, reason included.
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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
Behind The Time Hub is ELLEN VANDEVYVERE.
Directors
According to the 2025 annual accounts
ELLEN VANDEVYVERE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Morinnestraat(Kor) 23C
8500 Kortrijk
Morinnestraat(Kor) 23 box c
8500 Kortrijk
Active since 25 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1000.241.036
- VAT number
- BE 1000.241.036
- Registered office
- Morinnestraat(Kor) 23C, 8500 Kortrijk
- Names & denominations
- The Time Hub
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2023
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
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