ACTIVE

TIME LOGISTICS

Financial year 2024 · closed on 31/12/2024
Net result
-22,1 k €
-48.6% YoY
Gross margin
-3,2 k €
-196.7% YoY
Equity
76,3 k €
-22.5% YoY

What does TIME LOGISTICS do?

TIME LOGISTICS is a Private limited company incorporated in 1983. Its main activity is: Freight transport by road. Its registered office is in La Louvière.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.661.842
Incorporation
06/10/1983
Legal form
Private limited company
Registered office
Rue du Gros Saule(H-G) 60
7110 La Louvière · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Joint committees (2)
  • 14003
  • 201
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-3,2 k €3,3 k €34,5 k €55,4 k €50 k €113,8 k €52 k €36 k €114,9 k €45,2 k €124,2 k €174,7 k €206,9 k €168,4 k €90,2 k €-1,3 k €10 k €54,6 k €
EBITDA-4,8 k €-8,3 k €-4,4 k €17,5 k €8,1 k €97 k €16,7 k €22,9 k €91,8 k €-18,1 k €-27,4 k €-22,4 k €29,9 k €-9,7 k €23,4 k €-1,5 k €-16,1 k €11,2 k €
Operating result-8,3 k €-8,3 k €-4,4 k €17,5 k €8,1 k €97 k €16,6 k €22,8 k €91,7 k €-19 k €-28,3 k €-23,3 k €26,6 k €-12,1 k €23,4 k €-1,5 k €-16,5 k €8,1 k €
Net result-22,1 k €-14,9 k €-19,3 k €2,6 k €-1,6 k €62,5 k €8,1 k €11,8 k €84,9 k €-23,3 k €-31,7 k €-35,1 k €22 k €-12,7 k €16,4 k €-1,9 k €-18 k €2,7 k €
Balance sheet
Equity76,3 k €98,4 k €113,3 k €132,6 k €130 k €131,6 k €69,1 k €61 k €49,2 k €-35,7 k €-12,4 k €9,3 k €44,5 k €22,4 k €35,1 k €18,7 k €20,6 k €38,6 k €
Total assets182,9 k €294,8 k €351,5 k €403,6 k €393,8 k €428,1 k €351,3 k €350,8 k €304,5 k €180,9 k €205,5 k €156 k €137,1 k €105,3 k €109,9 k €29,3 k €51,1 k €83,1 k €
Cash11,1 k €18,1 k €20,3 k €23,3 k €29,2 k €9,1 k €3,2 k €
Debts104,3 k €196,4 k €236 k €267 k €260,5 k €292,9 k €280,6 k €288,6 k €254,7 k €216,6 k €217,4 k €146,4 k €92,4 k €82,6 k €74,8 k €10,2 k €30,5 k €44,5 k €
Other
Workforce1,0 ETP3,8 ETP5,8 ETP6,0 ETP5,7 ETP4,8 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Abel KENDIP

Director · since 28 juin 2010

Active

Ended mandates

Abel KENDIP

Manager · since 28 juin 2010

Ended
ELIANE DE WOLF

Manager · since 06 octobre 1983

Ended
At this address

Other companies at this address

CompanyCBE no.
DIMCARActive
1004.520.914
ST CARROSSERIEActive
0466.745.687
WALTERREActive
0717.645.194
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/09/202531/08/202428/08/202331/08/202230/08/202129/10/2020
General meeting30/06/202530/06/202415/06/202316/06/202217/06/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202527/09/2025FrenchPDF
Micro model31/12/202330/06/202431/08/2024FrenchPDF
Micro model31/12/202215/06/202328/08/2023FrenchPDF
Micro model31/12/202116/06/202231/08/2022FrenchPDF
Micro model31/12/202017/06/202130/08/2021FrenchPDF
Micro model31/12/201908/09/202029/10/2020FrenchPDF
Micro model31/12/201820/06/201930/08/2019FrenchPDF
Micro model31/12/201721/06/201829/09/2018FrenchPDF
Micro model31/12/201615/06/201729/08/2017FrenchPDF
Abridged model31/12/201516/06/201630/08/2016FrenchPDF
Abridged model31/12/201418/06/201528/08/2015FrenchPDF
Abridged model31/12/201319/06/201428/08/2014FrenchPDF
Abridged model31/12/201220/06/201319/08/2013FrenchPDF
Abridged model31/12/201121/06/201224/08/2012FrenchPDF
Abridged model31/12/201016/06/201130/08/2011FrenchPDF
Abridged model30/09/200919/03/201030/04/2010FrenchPDF
Abridged model30/09/200820/03/200930/04/2009FrenchPDF
Abridged model30/09/200721/03/200830/04/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Abel KENDIP

Director · since 28 juin 2010

Active

Ended mandates

Abel KENDIP

Manager · since 28 juin 2010

Ended
ELIANE DE WOLF

Manager · since 06 octobre 1983

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision17/04/2025
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DIVERS
    PDF
  • Registered office02/04/2024
    SIEGE SOCIAL - OBJET - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office20/08/2012
    SIEGE SOCIAL
    PDF
  • Mandates14/07/2010
    DENOMINATION - SIEGE SOCIAL - OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares21/12/2006
    CAPITAL, ACTIONS - ANNEE COMPTABLE - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-22,1 k €
  2. 2024
    Name changeTIME LOGISTICS
  3. 2023
    Annual accounts 2023-14,9 k €
  4. 2022
    Annual accounts 2022-19,3 k €
  5. 2021
    Annual accounts 20212,6 k €
  6. 2021
    Name changeTIME LOGISTIC
  7. 2020
    Annual accounts 2020-1,6 k €
  8. 2019
    Annual accounts 201962,5 k €
  9. 2018
    Annual accounts 20188,1 k €
  10. 2017
    Annual accounts 201711,8 k €
  11. 2016
    Annual accounts 201684,9 k €
  12. 2015
    Annual accounts 2015-23,3 k €
  13. 2014
    Annual accounts 2014-31,7 k €
  14. 2013
    Annual accounts 2013-35,1 k €
  15. 2012
    Annual accounts 201222 k €
  16. 2011
    Annual accounts 2011-12,7 k €
  17. 2010
    Annual accounts 201016,4 k €
  18. 2009
    Annual accounts 2009-1,9 k €
  19. 2008
    Annual accounts 2008-18 k €
  20. 2007
    Annual accounts 20072,7 k €
  21. 06/10/1983
    IncorporationPrivate limited company