ACTIVE

TIME ZONE

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Financial year 2025 · closed on 31/12/2025

Net result

58,6 k €

-87.6% YoY

Revenue

455 k €

-3.6% YoY

Equity

6,4 M €

+0.9% YoY

Workforce

3,7 ETP

+60.9% YoY

What does TIME ZONE do?

TIME ZONE is a Private limited company incorporated in 2005. Its registered office is in Ranst. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.908.594

Incorporation

14/12/2005

Legal form

Private limited company

Registered office

Broddestraat 47
2520 Ranst · FlandreSee on map

Contributed capital

5 341 000,00 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Joint committees (2)

200
20000

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	455 k €	-3.6%	471,8 k €	-0.4%	473,6 k €	+13.0%	419,1 k €	+23.7%	338,7 k €	+2.0%	332,1 k €	-3.2%	343 k €	-2.6%	352 k €	-6.5%	376,7 k €	+100%	188,3 k €	+9.3%	172,2 k €	0.0%	172,2 k €	0.0%	172,2 k €	0.0%	172,2 k €	0.0%	172,2 k €		–		–		–		–		–
EBITDA	182,2 k €	-4.2%	190,2 k €	+2.4%	185,8 k €	-0.3%	186,4 k €	+76.5%	105,6 k €	+67.5%	63 k €	+29.7%	48,6 k €	-13.0%	55,9 k €	+3.6%	54 k €	-36.9%	85,5 k €	+3.6%	82,5 k €	-0.5%	83 k €	+8.7%	76,3 k €	-7.4%	82,4 k €	+1.7%	81,1 k €	+3.4%	78,4 k €	-12.1%	89,2 k €	-12.0%	101,4 k €	+13.5%	89,3 k €	+35.4%	66 k €
Operating result	117,4 k €	-10.3%	130,9 k €	-3.0%	134,9 k €	+1.9%	132,4 k €	+58.2%	83,7 k €	+69.3%	49,4 k €	+28.0%	38,6 k €	-12.0%	43,9 k €	-10.4%	49 k €	-42.7%	85,5 k €	+3.6%	82,5 k €	-0.5%	83 k €	+8.7%	76,3 k €	-7.4%	82,4 k €	+1.7%	81,1 k €	+3.4%	78,4 k €	-12.1%	89,2 k €	-12.0%	101,4 k €	+14.5%	88,5 k €	+35.8%	65,2 k €
Net result	58,6 k €	-87.6%	471 k €	+533%	74,4 k €	+2.2%	72,7 k €	-48.0%	139,7 k €	+2207%	-6,6 k €	-179%	8,4 k €	-35.7%	13 k €	-29.1%	18,4 k €	-64.6%	51,8 k €	+13.0%	45,9 k €	+6.2%	43,2 k €	+21.7%	35,5 k €	-6.0%	37,7 k €	-83.4%	227,4 k €	+87.5%	121,3 k €	-4.9%	127,5 k €	+252%	36,3 k €	+26.0%	28,8 k €	+193%	9,8 k €
Balance sheet
Equity	6,4 M €	+0.9%	6,3 M €	-0.3%	6,4 M €	+1.2%	6,3 M €	+1.2%	6,2 M €	+2.3%	6,1 M €	-0.1%	6,1 M €	+0.1%	6,1 M €	+0.2%	6,1 M €	+0.3%	6,1 M €	+785%	683,7 k €	+7.2%	637,8 k €	+7.3%	594,6 k €	-3.1%	613,9 k €	+6.6%	576,1 k €	+65.2%	348,7 k €	+53.4%	227,4 k €	+128%	99,8 k €	+57.0%	63,6 k €	+82.6%	34,8 k €
Total assets	7,3 M €	-0.7%	7,4 M €	-0.4%	7,4 M €	+0.0%	7,4 M €	-2.5%	7,6 M €	+1.0%	7,5 M €	+1.3%	7,4 M €	+8.4%	6,8 M €	+0.1%	6,8 M €	+1.4%	6,7 M €	+556%	1 M €	+0.6%	1 M €	-0.5%	1 M €	+0.4%	1 M €	-3.5%	1,1 M €	+0.6%	1,1 M €	+2.6%	1 M €	-0.1%	1 M €	-0.4%	1 M €	+7.7%	955,7 k €
Cash	16 k €	+1184%	1,2 k €	-85.0%	8,3 k €	-64.0%	23,1 k €	+270%	6,3 k €	-1.2%	6,3 k €	+624%	875 €	-84.1%	5,5 k €	+424%	1 k €	-90.2%	10,7 k €	+2074%	490,7 €	+15.1%	426,4 €	+1489%	26,8 €	-97.1%	921,3 €	-40.2%	1,5 k €	-95.1%	31,8 k €	+1630%	1,8 k €	-68.4%	5,8 k €	-16.2%	6,9 k €	-30.1%	9,9 k €
Debts	868 k €	-12.7%	994,1 k €	-2.7%	1 M €	-6.4%	1,1 M €	-19.5%	1,4 M €	-4.6%	1,4 M €	+7.8%	1,3 M €	+75.6%	750,9 k €	+0.9%	744 k €	+9.6%	678,7 k €	+98.1%	342,6 k €	-10.5%	382,7 k €	-11.1%	430,6 k €	+5.8%	407,1 k €	-15.5%	481,6 k €	-31.5%	703,1 k €	-11.8%	797 k €	-13.9%	925,5 k €	-4.2%	965,9 k €	+5.2%	918,3 k €
Other
Workforce	3,7 ETP	+60.9%	2,3 ETP	-8.0%	2,5 ETP	-7.4%	2,7 ETP	-3.6%	2,8 ETP	-9.7%	3,1 ETP	+40.9%	2,2 ETP	-12.0%	2,5 ETP	0.0%	2,5 ETP	+1150%	0,2 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 31/12/2025 · 1 active · 2 ended

Active mandates

Carita Vets-Hufkens

Director · since 12 décembre 2005

Active

Ended mandates

Carita Vets

Manager · since 12 décembre 2005

Ended

Carita Vets-Hufkens

Manager · since 12 décembre 2005

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	31/08/2025	03/07/2024	30/07/2023	31/08/2022	20/10/2021
General meeting	30/06/2026	09/06/2025	10/06/2024	30/06/2023	31/08/2022	28/09/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Full model	31/12/2024	09/06/2025	31/08/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	03/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/07/2023	Dutch	PDF
Full model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	28/09/2021	20/10/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	25/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	13/06/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	10/06/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	18/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	29/06/2007	Dutch	PDF

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 31/12/2025 · 1 active · 2 ended

Active mandates

Carita Vets-Hufkens

Director · since 12 décembre 2005

Active

Ended mandates

Carita Vets

Manager · since 12 décembre 2005

Ended

Carita Vets-Hufkens

Manager · since 12 décembre 2005

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares23/12/2022
KAPITAAL - AANDELEN
PDF
Restructuring25/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/03/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares24/01/2017
KAPITAAL - AANDELEN
PDF
Capital / shares04/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/12/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 202558,6 k €↓
2024
Annual accounts 2024471 k €↑
2023
Annual accounts 202374,4 k €↑
2022
Annual accounts 202272,7 k €↓
2021
Annual accounts 2021139,7 k €↑
2020
Annual accounts 2020-6,6 k €↓
2019
Annual accounts 20198,4 k €↓
2018
Annual accounts 201813 k €↓
2017
Annual accounts 201718,4 k €↓
2016
Annual accounts 201651,8 k €↑
2015
Annual accounts 201545,9 k €↑
2014
Annual accounts 201443,2 k €↑
2013
Annual accounts 201335,5 k €↓
2012
Annual accounts 201237,7 k €↓
2011
Annual accounts 2011227,4 k €↑
2010
Annual accounts 2010121,3 k €↓
2009
Annual accounts 2009127,5 k €↑
2008
Annual accounts 200836,3 k €↑
2007
Annual accounts 200728,8 k €↑
2006
Annual accounts 20069,8 k €
14/12/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TIME ZONE

Overview

What does TIME ZONE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline