TIME FORCE BELGIUM
0451.925.770 · rovalta.com · 24/09/2026
ACTIVE
TIME FORCE BELGIUM
Financial year 2025 · closed on 30/09/2025
Net result
2,2 k €
+379.3% YoY
Gross margin
15,1 k €
+22.0% YoY
Equity
170,2 k €
+1.3% YoY
Overview
What does TIME FORCE BELGIUM do?
TIME FORCE BELGIUM is a Public limited company incorporated in 1994. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.925.770
Incorporation
12/02/1994
Legal form
Public limited company
Registered office
Halewijnstationstraat 109
9031 Gent · FlandreSee on map
9031 Gent · FlandreSee on map
Contributed capital
125 000,00 €
Latest accounts
30/09/2025
Joint committees (1)
- 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 15,1 k € | +22.0% | 12,4 k € | -30.0% | 17,7 k € | -84.6% | 114,4 k € | +568% | 17,1 k € | +19.3% | 14,4 k € | -5.1% | 15,1 k € | +3.8% | 14,6 k € | -9.6% | 16,1 k € | +178% | 5,8 k € | -62.3% | 15,4 k € | -12.7% | 17,7 k € | +28.1% | 13,8 k € | +50.5% | 9,2 k € | -39.7% | 15,2 k € | +158% | 5,9 k € | -85.7% | 41 k € | +3094% | 1,3 k € | -97.5% | 51,6 k € |
| EBITDA | 12,4 k € | +27.0% | 9,8 k € | -35.6% | 15,2 k € | -86.5% | 112,4 k € | +640% | 15,2 k € | +22.2% | 12,4 k € | -5.0% | 13,1 k € | +6.6% | 12,3 k € | -11.5% | 13,9 k € | +223% | 4,3 k € | -62.0% | 11,3 k € | -25.1% | 15,1 k € | +43.6% | 10,5 k € | +72.8% | 6,1 k € | -44.7% | 11 k € | +337% | 2,5 k € | -93.3% | 37,7 k € | +778% | -5,6 k € | -119% | 29,2 k € |
| Operating result | 3 k € | +519% | -719,9 € | -115% | 4,7 k € | -95.4% | 101,9 k € | +2001% | 4,9 k € | +94.4% | 2,5 k € | -14.8% | 2,9 k € | +19.2% | 2,5 k € | +248% | 706 € | +107% | -10,4 k € | -130% | -4,5 k € | -335% | 1,9 k € | +112% | -15,6 k € | +19.3% | -19,3 k € | -30.5% | -14,8 k € | -22.1% | -12,1 k € | -152% | 23,1 k € | +152% | -44,2 k € | -300% | -11,1 k € |
| Net result | 2,2 k € | +379% | -777,9 € | -216% | 668,6 € | -99.2% | 84,7 k € | +1662% | 4,8 k € | +96.1% | 2,4 k € | -15.3% | 2,9 k € | +19.6% | 2,4 k € | +264% | 663 € | +106% | -10,5 k € | -807% | 1,5 k € | +120% | 671,9 € | +104% | -17,7 k € | +10.9% | -19,8 k € | -141% | -8,2 k € | +23.8% | -10,8 k € | -168% | 15,9 k € | +129% | -55,3 k € | -172% | -20,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 170,2 k € | +1.3% | 168 k € | -0.5% | 168,8 k € | +0.4% | 168,2 k € | +101% | 83,5 k € | +6.1% | 78,7 k € | +3.2% | 76,2 k € | +3.9% | 73,4 k € | +3.4% | 70,9 k € | +0.9% | 70,3 k € | -13.0% | 80,7 k € | +1.9% | 79,3 k € | +0.9% | 78,6 k € | -18.4% | 96,3 k € | -17.1% | 116,1 k € | -6.6% | 124,3 k € | +4.1% | 119,4 k € | +15.3% | 103,5 k € | -34.8% | 158,9 k € |
| Total assets | 225,7 k € | -2.1% | 230,5 k € | -2.9% | 237,4 k € | +0.1% | 237,2 k € | -8.5% | 259,3 k € | -0.8% | 261,4 k € | +1.7% | 257 k € | -1.9% | 262 k € | -2.4% | 268,4 k € | -2.6% | 275,6 k € | -3.5% | 285,6 k € | -0.0% | 285,7 k € | -3.2% | 295,2 k € | -7.3% | 318,3 k € | -8.2% | 346,6 k € | -2.3% | 354,8 k € | +0.7% | 352,4 k € | -7.3% | 380 k € | -20.0% | 475,1 k € |
| Cash | 20,4 k € | -4.1% | 21,3 k € | +20.1% | 17,7 k € | +152% | 7 k € | -69.5% | 23,1 k € | -12.0% | 26,3 k € | +52.6% | 17,2 k € | +10.5% | 15,6 k € | +50.5% | 10,3 k € | +88.1% | 5,5 k € | +159% | 2,1 k € | -53.5% | 4,6 k € | +321% | 1,1 k € | +39.4% | 777,8 € | -21.4% | 990 € | -90.9% | 10,9 k € | -38.1% | 17,5 k € | -34.2% | 26,6 k € | -20.3% | 33,4 k € |
| Debts | 54 k € | -11.5% | 61 k € | -9.2% | 67,2 k € | -0.7% | 67,7 k € | -61.2% | 174,5 k € | -3.9% | 181,6 k € | +1.1% | 179,6 k € | -4.8% | 188,6 k € | -4.5% | 197,5 k € | -3.8% | 205,3 k € | +0.8% | 203,8 k € | -0.8% | 205,3 k € | -5.2% | 216,6 k € | -1.6% | 220,3 k € | -3.9% | 229,2 k € | +0.3% | 228,4 k € | -1.5% | 232 k € | -16.1% | 276,4 k € | -12.6% | 316,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,3 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 22 ended
Active mandates
Anna Van Hollebeke
ActiveDieter Van Cauwenberge
ActiveJochen Van Cauwenberge
ActivePaul Van Cauwenberge
ActiveEnded mandates
Dieter Van Cauwenberge
EndedAnna Van Hollebeke
EndedAnna Van Hollebeke
EndedANNA VAN HOLLEBEKE
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Frozenspeed Media● Active | 1030.557.989 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/04/2026 | 26/03/2025 | 05/04/2024 | 28/02/2023 | 25/04/2022 | 01/03/2021 |
| General meeting | 09/01/2026 | 10/01/2025 | 12/01/2024 | 13/01/2023 | 14/01/2022 | 08/01/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 09/01/2026 | 08/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 10/01/2025 | 26/03/2025 | Dutch | |
| Micro model | 30/09/2023 | 12/01/2024 | 05/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 13/01/2023 | 28/02/2023 | Dutch | |
| Micro model | 30/09/2021 | 14/01/2022 | 25/04/2022 | Dutch | |
| Micro model | 30/09/2020 | 08/01/2021 | 01/03/2021 | Dutch | |
| Micro model | 30/09/2019 | 10/01/2020 | 28/02/2020 | Dutch | |
| Micro model | 30/09/2018 | 11/01/2019 | 27/02/2019 | Dutch | |
| Micro model | 30/09/2017 | 12/01/2018 | 28/02/2018 | Dutch | |
| Abridged model | 30/09/2016 | 13/01/2017 | 23/02/2017 | Dutch | |
| Abridged model | 30/09/2015 | 08/01/2016 | 07/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 09/01/2015 | 24/02/2015 | Dutch | |
| Abridged model | 30/09/2013 | 14/01/2014 | 17/02/2014 | Dutch | |
| Abridged model | 30/09/2012 | 11/01/2013 | 29/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 13/01/2012 | 31/01/2012 | Dutch | |
| Abridged model | 30/09/2010 | 14/01/2011 | 30/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 08/01/2010 | 07/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 09/01/2009 | 27/01/2009 | Dutch | |
| Abridged model | 30/09/2007 | 11/01/2008 | 06/05/2008 | Dutch | |
| Abridged modelCorrection | 30/09/2006 | 12/01/2007 | 23/02/2007 | Dutch | |
| Abridged model | 30/09/2006 | 12/01/2007 | 09/02/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 22 ended
Active mandates
Anna Van Hollebeke
ActiveDieter Van Cauwenberge
ActiveJochen Van Cauwenberge
ActivePaul Van Cauwenberge
ActiveEnded mandates
Dieter Van Cauwenberge
EndedAnna Van Hollebeke
EndedAnna Van Hollebeke
EndedANNA VAN HOLLEBEKE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates19/03/2019ONTSLAGEN - BENOEMINGEN
- Mandates20/05/2011ONTSLAGEN - BENOEMINGEN
- Mandates19/09/2005BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,2 k €↑
- 2024Annual accounts 2024-777,9 €↓
- 2023Annual accounts 2023668,6 €↓
- 2023Name changeTime Force Belgium
- 2022Annual accounts 202284,7 k €↑
- 2021Annual accounts 20214,8 k €↑
- 2021Name changeAla d'Oro
- 2020Annual accounts 20202,4 k €↓
- 2019Annual accounts 20192,9 k €↑
- 2018Annual accounts 20182,4 k €↑
- 2017Annual accounts 2017663 €↑
- 2016Annual accounts 2016-10,5 k €↓
- 2015Annual accounts 20151,5 k €↑
- 2014Annual accounts 2014671,9 €↑
- 2013Annual accounts 2013-17,7 k €↑
- 2012Annual accounts 2012-19,8 k €↓
- 2011Annual accounts 2011-8,2 k €↑
- 2010Annual accounts 2010-10,8 k €↓
- 2009Annual accounts 200915,9 k €↑
- 2008Annual accounts 2008-55,3 k €↓
- 2007Annual accounts 2007-20,4 k €
- 12/02/1994IncorporationPublic limited company