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OFF ROAD ACTION

Active
Private limited companyfounded 199927 yrs activeSteenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0466.254.155
Summary

The computed 12-month bankruptcy probability of OFF ROAD ACTION is 2.1% (moderate). The 2024 annual accounts show equity of €1.1m and a net result of -€183,241. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 9091 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of motor vehicle parts and accessories
NACE 46720NACE 45310Wholesale of clothing, excluding workwear and underwear NACE 46423
#9 company by total assets in Herk-de-Stad, Wholesale and retail trade sector1 site
Size
€2.7mtotal assets 2024
Staff
5 FTE
Equity
€1.1m
Loss
-€183,241
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy chance 12 m
2.1%
Structure
Accounts 66 d overdue0 of 6 deeds read
Why 53- Figures for FY 2024 (filed 31-07-2025)- Loss of €183,241, the second in a row (FY 2024)+ Founded in 1999+ Equity €1.1m (41.6% of total assets)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 32% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 67-4
equity 41.6% of total assets
Liquidity 38-3
short-term debt 35.7% · cash 2.9%
Profitability 13-15
return on assets -6.8%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%▼ -0.7% vs 12-2024lowest value 02-2025: 0.4%● 0.0% vs 01-2025lowest value 03-2025: 0.5%▲ +17.4% vs 02-2025 04-2025: 0.5%▲ +1.9% vs 03-2025 05-2025: 0.5%▲ +3.7% vs 04-2025 06-2025: 0.6%▲ +18.2% vs 05-2025 07-2025: 0.7%▲ +26.7% vs 06-2025 08-2025: 0.6%▼ -21.2% vs 07-2025 09-2025: 0.6%● 0.0% vs 08-2025 10-2025: 0.6%● 0.0% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%▼ -0.5% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.7%▲ +16.7% vs 02-2026 04-2026: 0.7%▲ +0.4% vs 03-2026 05-2026: 0.7%▲ +3.5% vs 04-2026 06-2026: 0.8%▲ +7.7% vs 05-2026 07-2026: 0.8%▲ +2.1% vs 06-2026 08-2026: 1.3%▲ +71.4% vs 07-2026 09-2026: 1.5%▲ +11.3% vs 08-2026 10-2026: 2.1%▲ +38.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 31-07-2025) raises the probability
  • Founded in 1999 lowers the probability for this profile
  • Loss of €183,241, the second in a row (FY 2024) raises the probability
  • Equity €1.1m (41.6% of total assets) lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.44 in 2023; short-term debt: 35.7% and cash: 2.9% of total assets), but 58.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 50%, liquidity 35%, profitability 19%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 31-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €183,241, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €1.1m (41.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€183,241
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
33 d early
2022
31 d late
2021
18 d late
2020
54 d early
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€183,241
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Result fell in 2024from -€50,727 to -€183,241 ▼ 261% View
  • Caution: Among the weakest 5% on net resultsector median €39,964 · 9,086 companies -€183,241 View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€183,241 View

By topic

Financials

Fiscal year
2024
Total assets
€2.7m
Loss
-€183,241
Solvency
41.6%
Total assets▼ 5.9%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 31-07-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of motor vehicle parts and accessoriesNACE 46720
Founded
15-06-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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