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Active
BE 0886.400.846Private limited companyOpen bankruptcy
On Site Machining
Antwerpsesteenweg 124 ·2630 Aartselaar, Belgium· 19 yrs active
Sector: Verspanend bewerken van metalen
(25530)
Conclusion
A bankruptcy procedure is open for On Site Machining according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-464k) and a net result of €-263k.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €-464k |
| Net result | €-263k |
| Staff (FTE) | 19.3 |
| Better than sector | 6% |
Financial profile
34
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
38
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -35.6% | 35.0% | |
| Net result | €-263k | €43k | |
| Equity | €-464k | €251k | |
| Gross operating margin | €1.33M | €329k | |
| Staff costs | €1.54M | €314k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-225k
-
18-24
€-263k
-
18-24
€-255k
-
18-24
€1.30M
-15.8%
18-24
€-464k
-130.5%
18-24
€-537k
-129.0%
18-24
19
+8.4%
18-24
€1.54M
+5.6%
18-24
Show 11 other metrics
€337
+10.2%
18-24
€1.77M
+1.1%
18-24
€1.77M
+1.1%
18-24
€0
-100.0%
18-24
0.70
-19.6%
18-24
0.70
-19.6%
18-24
-35.6%
-173.6%
18-24
-3.81
+56.1%
18-24
56.6%
-
18-24
-20.2%
-
18-24
-7.42
-
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-225k |
| Net profit | €-263k |
| Cash flow | €-255k |
| Staff costs | €1.54M |
| Income taxes | €337 |
| Dividends | - |
| Total assets | €1.30M |
| Equity | €-464k |
| Debt | €1.77M |
| of which ≤ 1y | €1.77M |
| of which > 1y | - |
| Working capital | €-537k |
| Employees (FTE) | 19.3 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.70 |
| Working capital ratio | -41.3% |
| Solvency | -35.6% |
| Debt / equity | -3.81 |
| Long-term debt ratio | - |
| Interest coverage | -7.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -20.2% |
| ROE | 56.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.30M |
| Fixed assets | 21/28 | €73k |
| Tangible fixed assets | 22/27 | €54k |
| Financial fixed assets | 28 | €20k |
| Current assets | 29/58 | €1.23M |
| Amounts receivable within one year | 40/41 | €1.19M |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.30M |
| Equity | 10/15 | €-464k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-485k |
| Amounts payable | 17/49 | €1.77M |
| Amounts payable within one year | 42/48 | €1.77M |
| Trade debts payable within one year | 44 | €282k |
| Income statement | ||
| Gross operating margin | 9900 | €1.33M |
| Operating result | 9901 | €-233k |
| Financial income | 75 | €901 |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €-262k |
| Income taxes | 67/77 | €337 |
| Net result for the period | 9904 | €-263k |
| Result to be appropriated | 9905 | €-263k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GREGORY WILKIN LANGE LOZANASTRAAT 262,
2018 ANTWERPEN 1 |
02-07-2026 → present | Belgian State Gazette |
| Curator | THOMAS NICLAES BRUSSELSTRAAT 7,
2000 ANTWERPEN 1 |
15-09-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Verspanend bewerken van metalen(25530) |
| Legal form | Private limited company(610) |
| Incorporation | 10-01-2007 |
| Status | Active |
| Postal code | 2630 |
| First BS signal | 14-03-2017 |
| Latest BS signal | 08-07-2026 |
Establishment units
On Site Machining
since 20072.160.885.529
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0009/00V005 | Flanders | 1,858 m² | 1 · 844 m² | 9.6 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
08-07-2026
Bankruptcy
Opening
2025
30-07-2025
NBB filing
Annual accounts filed
2024
19-12-2024
State Gazette act
Director changes
07-10-2024
NBB filing
Annual accounts filed
2023
11-10-2023
NBB filing
Annual accounts filed
2022
05-10-2022
Bankruptcy
Bankruptcy reversal
21-09-2022
Bankruptcy
Opening
19-09-2022
NBB filing
Annual accounts filed
2021
29-09-2021
NBB filing
Annual accounts filed
2020
30-10-2020
NBB filing
Annual accounts filed
2019
23-07-2019
NBB filing
Annual accounts filed
2018
23-08-2018
NBB filing
Annual accounts filed
2017
20-11-2017
NBB filing
Annual accounts filed
14-03-2017
Bankruptcy
Bankruptcy reversal
2016
27-10-2016
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
08-07-2026
Bankruptcy
Opening
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 3 further earlier events in this file, covering 14-03-2017 to 02-07-2026.
Available in Kantoor S.
See plans →
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2024
19-12-2024 PINTO PEREIRA Fernando reappointed as director
- PINTO PEREIRA Fernando, Bestuurder
Notary:
Nicky De Smet · Wilrijk
Technical details
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"via_org": {
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},
"act_meta": {
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"filing_date": "2024-12-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
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"subject_company": {
"kbo": "0886.400.846",
"name_full": "ON SITE MACHINING",
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"publication_proxy": {
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"org_rep_person_name": null,
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},
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Verspanend bewerken van metalen25530Reparatie en onderhoud van machines33120Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg28299Reparatie en onderhoud van civiele schepen33150Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | On Site Machining |
Registered office
Antwerpsesteenweg 124
2630 Aartselaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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