Not Only White
The computed 12-month bankruptcy probability of Not Only White is 2.3% (moderate). The 2024 annual accounts show equity of €24k and a net result of €-15k. Equity is shrinking by ~43.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 63% of 3354 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €24k |
| Net result | €-15k |
| Staff (FTE) | 1 |
| Better than sector | 63% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.5% | 25.2% | |
| Net result | €-15k | €4k | |
| Equity | €24k | €23k | |
| Gross operating margin | €62k | €19k | |
| Staff costs | €64k | €27k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-2k |
| Net profit | €-15k |
| Cash flow | €-2k |
| Staff costs | €64k |
| Income taxes | - |
| Dividends | - |
| Total assets | €58k |
| Equity | €24k |
| Debt | €34k |
| of which ≤ 1y | €34k |
| of which > 1y | - |
| Working capital | €16k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.46 |
| Quick ratio | 0.47 |
| Working capital ratio | 27.0% |
| Solvency | 41.5% |
| Debt / equity | 1.41 |
| Long-term debt ratio | - |
| Interest coverage | -36.75 |
| Gross margin | - |
| Net margin | - |
| ROA | -25.4% |
| ROE | -61.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €58k |
| Fixed assets | 21/28 | €8k |
| Tangible fixed assets | 22/27 | €8k |
| Current assets | 29/58 | €49k |
| Stocks & contracts in progress | 3 | €34k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €58k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-26k |
| Amounts payable | 17/49 | €34k |
| Amounts payable within one year | 42/48 | €34k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Gross operating margin | 9900 | €62k |
| Operating result | 9901 | €-15k |
| Financial income | 75 | €85 |
| Financial charges | 65 | €60 |
| Result before taxes | 9903 | €-15k |
| Net result for the period | 9904 | €-15k |
| Result to be appropriated | 9905 | €-15k |
Former directors (1)
-
Anh Dung NguyenDirectorState Gazette act 24137769 (24-09-2024)Former- → 06-09-2024
| NACE primary | Groothandel in sanitair(46836) |
| Legal form | Private limited company(610) |
| Incorporation | 26-04-2022 |
| Status | Active |
| Postal code | 8670 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A1084/00_000 | Flanders | 1,025 m² | 1 · 131 m² | 10.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-10-2024 Registered office moved from Oostende to Oostduinkerke
- Ijslandstraat 8 bus 2, 8400 Oostende → Leeuwerikstraat 17, 8670 Oostduinkerke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Leeuwerikstraat 17, 8670 Oostduinkerke",
"city": "Oostduinkerke",
"region": "vlaams_gewest",
"street": "Leeuwerikstraat",
"country": "BE",
"postcode": "8670",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"old_address": {
"raw": "Ijslandstraat 8 bus 2, 8400 Oostende",
"city": "Oostende",
"region": "vlaams_gewest",
"street": "Ijslandstraat",
"country": "BE",
"postcode": "8400",
"box_number": "2",
"street_number": "8",
"locality_suffix": null
},
"effective_date": "2024-10-02",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-10-03",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-10-02",
"unanimous": null
},
"subject_company": {
"kbo": "0785.426.915",
"name_full": "Not Only White",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "BV Opzij",
"person_name": null,
"org_rep_person_name": "Peter Callens",
"person_role_at_subject": null
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 02/10/2024"
]
}24-09-2024 Anh Dung Nguyen resigns as director
- Anh Dung Nguyen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Anh Dung Nguyen",
"address": "8500 Kortrijk Jan Palfijnstraat 26 bus 2",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2024-09-06",
"evidence_quote": "De algemene vergadering beslist (met 24 van de 40 stemmen) tot het ontslag van Anh Dung Nguyen, met woonplaats te 8500 Kortrijk Jan Palfijnstraat 26 bus 2, als niet-statutaire bestuurder, en dit met ingang op 06/09/2024. De algemene vergadering verleent deze persoon geen kwijting voor de uitoefening",
"decharge_status": "refused",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-24",
"filing_date": "2024-09-13",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-06",
"unanimous": false
}
],
"is_correction": false,
"subject_company": {
"kbo": "0785.426.915",
"name_full": "Not Only White",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Opzij BV",
"person_name": null,
"org_rep_person_name": "Peter Callens",
"person_role_at_subject": null
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 06/09/2024"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Not Only White |