On Set
ActiveSummary
On Set has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-67k) and a net result of €312. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 14% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability47▼-10
Solvency4▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.9 in 2023; short-term debt: 11.7% and cash: 1.1% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-21.4%
Return on assets
0.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1932 sector peers (2024).
NBB · sector comparisonPosition among 1932 sector peers
Solvency
better than 14%
← weakest
strongest →
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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
31 d late
2022
31 d early
2021
29 d late
2020
76 d late
2019
437 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€-67k▲ 0.5%
2023 · €-68k
Total assets
€315k▼ 12.0%
2023 · €358k
Net result
€312▼ 97.4%
2023 · €12k
Working capital
€-10k▼ 93.6%
2023 · €-5k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10k▼ 65.4%€-377€16k€24k▲ 51.7%€12k▼ 52.7%
Net result€-1k€-15k▼ 1,056%€6k€12k▲ 99.3%€312▼ 97.4%
Equity€-70k▼ 1.9%€-85k▼ 21.5%€-80k▲ 6.9%€-68k▲ 14.9%€-67k▲ 0.5%
Total assets€353k▼ 10.9%€331k▼ 6.0%€307k▼ 7.5%€358k▲ 16.8%€315k▼ 12.0%
Debt€423k▼ 9.0%€417k▼ 1.4%€386k▼ 7.4%€426k▲ 10.3%€383k▼ 10.2%
Working capital€-18k▼ 139%€-13k▲ 26.6%€-14k▼ 5.0%€-5k▲ 60.6%€-10k▼ 93.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets
€289k ▼ 7.2%
Current assets
€27k ▼ 43.6%
Key figures and ratios
EBITDA
€37k▼
2023 · €45k
Cash flow
€26k▼
2023 · €33k
Solvency
-21.4%▼
2023 · -18.9%
Current ratio
0.72▼
2023 · 0.90
Debt to equity
-5.68▲
2023 · -6.29
ROA
0.1%▼
2023 · 3.3%
Interest coverage
3.43▼
2023 · 4.15
Debt ≤ 1 year
€37k▼
2023 · €52k
Debt > 1 year
€345k▼
2023 · €371k
Income taxes
€471▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €19k | €20k | €21k | €26k | ▲ 23.4% |
| Other operating charges640/8 | - | €4k | €2k | €910 | €7k | ▲ 684% |
| Gross operating margin9900 | €33k | €23k | €38k | €46k | €44k | ▼ 3.9% |
| Operating profit (loss)9901 | €10k | €-377 | €16k | €24k | €12k | ▼ 52.7% |
| Financial income75/76B | - | €1 | €940 | €18 | €29 | ▲ 58.7% |
| Recurring financial income75 | €314 | €1 | €940 | €18 | €29 | ▲ 58.7% |
| Financial charges65/66B | - | €14k | €11k | €11k | €11k | ▼ 0.7% |
| Recurring financial charges65 | €12k | €14k | €11k | €11k | €11k | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | €-1k | €-15k | €6k | €14k | €783 | ▼ 94.2% |
| Income taxes67/77 | €253 | €410 | €181 | €2k | €471 | ▼ 73.5% |
| Profit (loss) for the period9904 | €-1k | €-15k | €6k | €12k | €312 | ▼ 97.4% |
| Transfer from tax-exempt reserves789 | - | €4k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-11k | €6k | €12k | €312 | ▼ 97.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €353k | €331k | €307k | €358k | €315k | ▼ 12.0% |
| Fixed assets21/28 | €334k | €317k | €298k | €311k | €289k | ▼ 7.2% |
| Tangible fixed assets22/27 | €334k | €317k | €298k | €311k | €289k | ▼ 7.2% |
| Land and buildings22 | - | €290k | €276k | €263k | €249k | ▼ 5.3% |
| Plant, machinery and equipment23 | - | - | - | €25k | €23k | ▼ 10.2% |
| Furniture and vehicles24 | - | €5k | €4k | €9k | €6k | ▼ 27.9% |
| Other tangible fixed assets26 | - | €21k | €18k | €14k | €11k | ▼ 25.0% |
| Current assets29/58 | €18k | €14k | €8k | €47k | €27k | ▼ 43.6% |
| Amounts receivable within one year40/41 | €12k | €12k | €262 | €45k | €19k | ▼ 58.5% |
| Trade receivables40 | - | €12k | €262 | €45k | €16k | ▼ 63.5% |
| Other amounts receivable41 | - | €129 | - | - | €2k | - |
| Current investments50/53 | €401 | €55 | €771 | €763 | €3k | ▲ 267% |
| Cash at bank and in hand54/58 | €5k | €3k | €7k | €1k | €3k | ▲ 141% |
| Deferred charges and accrued income490/1 | - | - | €142 | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €353k | €331k | €307k | €358k | €315k | ▼ 12.0% |
| Equity10/15 | €-70k | €-85k | €-80k | €-68k | €-67k | ▲ 0.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €6k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-83k | €-93k | €-88k | €-76k | €-75k | ▲ 0.4% |
| Amounts payable17/49 | €423k | €417k | €386k | €426k | €383k | ▼ 10.2% |
| Amounts payable after more than one year17 | €387k | €389k | €362k | €371k | €345k | ▼ 7.0% |
| Financial debts170/4 | - | €389k | €362k | €371k | €345k | ▼ 7.0% |
| Amounts payable within one year42/48 | €36k | €27k | €22k | €52k | €37k | ▼ 29.7% |
| Current portion of amounts payable after more than one year42 | - | €18k | €19k | €23k | €25k | ▲ 10.2% |
| Financial debts43 | - | €1 | - | - | - | - |
| Credit institutions430/8 | - | €1 | - | - | - | - |
| Trade debts44 | €5k | €5k | €910 | €24k | €9k | ▼ 62.2% |
| Suppliers440/4 | - | €5k | €910 | €24k | €9k | ▼ 62.2% |
| Taxes, remuneration and social security45 | - | €4k | €2k | €6k | €3k | ▼ 52.7% |
| Taxes450/3 | - | €4k | €2k | €6k | €1k | ▼ 78.5% |
| Remuneration and social security454/9 | - | - | - | - | €2k | - |
| Accrued charges and deferred income492/3 | - | €896 | €2k | €2k | €780 | ▼ 67.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-15k | €6k | €12k | €312 | ▼ 97.4% |
| + Depreciation and write-downs630 | €19k | €19k | €20k | €21k | €26k | ▲ 23.4% |
| Operating cash flow (approximation) | €18k | €4k | €26k | €33k | €26k | ▼ 20.4% |
| Investment in fixed assets (approximation) | - | €-2k | €-977 | €-34k | €-3k | ▲ 90.6% |
| Change in cash | - | €-3k | €4k | €-6k | €2k | ▲ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 437 days late
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 180 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2018
07-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 68 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 183 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2014
Ground area
284 m²
Building footprint
104 m²
Volume, LiDAR
508 m³
Parcel 21614E0226/00E002, Brussels · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ON SET
since 20142.228.332.104
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0226/00E002 | Brussels | 284 m² | 1 · 104 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ROCKVISION
BE 0799.557.439
Sint-Jans-Molenbeek · Eq €16,883
DESERT OF THE REAL
BE 0884.687.312
Haaltert · Eq €17,115
Intonations
BE 0724.587.525
Brussel · Eq €17,149
CLEARLINE
BE 0885.925.942
Verlaine · Eq €16,677
Manners Productions
BE 1021.469.584
Sint-Jans-Molenbeek · Eq €16,661
Of 1,319 companies in sector 59111 we hold annual accounts for 687. 494 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.