ACTIVE

timelab

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Financial year 2016 · closed on 31/12/2016
Net result
19,1 k €
Gross margin
206 k €
Equity
206,1 k €
Workforce
5,0 ETP

What does timelab do?

timelab is a Non-profit organization incorporated in 1989. Its main activity is: Artistic creation. Its registered office is in Gent. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.576.365
Incorporation
02/11/1989
Legal form
Non-profit organization
Registered office
Kogelstraat 34
9000 Gent · FlandreSee on map
Latest accounts
31/12/2016
Average workforce
5,0 ETP
Activities (NACE)
90032Artistic creation· main90120Creative, arts and entertainment activities92313Gambling and betting activities92340Gambling and betting activities93299Other amusement and recreation activities93299Other amusement and recreation activities
Joint committees (1)
  • 304
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 1 financial year

2016
Income statement
Gross margin206 k €
EBITDA23,6 k €
Operating result19,2 k €
Net result19,1 k €
Balance sheet
Equity206,1 k €
Total assets255 k €
Cash184 k €
Debts48,5 k €
Other
Workforce5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2016 · 5 active

Active mandates

Lieve Colruyt

Director · since 19 septembre 2011

Active
Stephane Leliaert

Director · since 19 septembre 2011

Active
Marie-Claire Van De Velde

Director · since 26 mai 2009

Active
Paul De Braeckeleer

Director

Active
Rogier De Langhe

Director

Active
At this address

Other companies at this address

CompanyCBE no.
Peer to Peer Foundation● Active
0739.943.219
Annual accounts

Full financial information

2016
Type of accountAbridged model
Start of the financial year01/01/2016
Closing of the financial year31/12/2016
Length of the financial year12 months
Filing date18/07/2017
General meeting22/03/2017
Currency of the financial yearEUR
NBB quality labelSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

1 filing with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201622/03/201718/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2016 · 5 active

Active mandates

Lieve Colruyt

Director · since 19 septembre 2011

Active
Stephane Leliaert

Director · since 19 septembre 2011

Active
Marie-Claire Van De Velde

Director · since 26 mai 2009

Active
Paul De Braeckeleer

Director

Active
Rogier De Langhe

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/10/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2016
    Annual accounts 201619,1 k €
  2. 02/11/1989
    IncorporationNon-profit organization