ON TIME PRODUCTS

Active

Private limited companyfounded 2010active for 15 yearsMulk 95, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0831.855.667

Summary

The computed 12-month bankruptcy probability of ON TIME PRODUCTS is 1.6% (moderate). The annual accounts of ON TIME PRODUCTS for financial year 2025 show a net loss of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €2,615 and a net result of -€44,326. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 2,316 sector peers (NACE 25, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ON TIME PRODUCTSActiveChecked score 54/100

Risk analysis Report Compare

Activity

Manufacture of metal structures and parts of structures

NACE 25110

1 site

Size

€433,701total assets 2025

Equity: €2,615
Loss: -€44,326

Turnover not published (abbreviated or micro format)

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.6%

Structure

PORDON Jeroen CornelisDirector
PORDON LloydDirector
PORDON RalphDirector

2025 accounts filed 31 days late1 of 4 deeds summarised

Why 54raises riskLoss of €44,326, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 3 of the last 3 lateEquity €2,615 (0.6% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 23% of its sector peers (NACE 25, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 26-7

equity 0.6% of total assets

Liquidity 58+6

short-term debt 39.8% · cash 21.3%

Profitability 56-8

return on assets -10.2%

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,701 companies, NACE 25, micro)

Last 24 months 11-2024: 2.5% 12-2024: 3.2%▲ +0.7 percentage points vs 11-2024 01-2025: 5.5%▲ +2.3 percentage points vs 12-2024 02-2025: 5.5%● unchanged vs 01-2025 03-2025: 5.5%● unchanged vs 02-2025highest value 04-2025: 5.0%▼ -0.5 percentage points vs 03-2025 05-2025: 5.0%● unchanged vs 04-2025 06-2025: 3.0%▼ -2.0 percentage points vs 05-2025 07-2025: 3.3%▲ +0.3 percentage points vs 06-2025 08-2025: 3.8%▲ +0.5 percentage points vs 07-2025 09-2025: 4.3%▲ +0.5 percentage points vs 08-2025 10-2025: 5.1%▲ +0.8 percentage points vs 09-2025 11-2025: 1.0%▼ -4.1 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.1%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.09, compared with 0.99 in 2024, below the usual 1.5; short-term debt: 39.8% and cash: 21.3% of total assets), and 99.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 8% on solvency, 57% on liquidity, 26% on profitability and 3% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

raises risk

Loss of €44,326, the second in a row (financial year 2025)

NBB · annual accounts

Last filed accounts filed 31 days late; 3 of the last 3 late

NBB · filings

Equity €2,615 (0.6% of total assets)

NBB · annual accounts

Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€44,326

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2316 sector peers (2025).

NBB · sector comparison

Position among 2316 sector peers

Solvency

better than 10%

← weakest strongest →

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

61 days late

2023

300 days late

2022

58 days late

2021

30 days early

2020

19 days late

2019

91 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 76 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 88 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · micro…
30-09-2025 Annual accounts filedfinancial year 2024 · micro…
27-05-2025 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: Among the weakest 5% on net resultsector median €12,148 · 2,316 companies -€44,326 View
Caution: 2 loss-making years in a rowloss financial year 2025 -€44,326 View
Board3 directors in office 3 View

By topic

Financials

Financial year: 2025
Total assets: €433,701
Loss: -€44,326
Solvency: 0.6%

Total assets▼ 29.3%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members

PORDON Jeroen CornelisDirector
PORDON LloydDirector
PORDON RalphDirector

Go to Board & ownership

Timeline

Events: 19
Since: 2012
Next accounts: by 31-07-2027

09-02-2024Resignations: PORDON Jeroen Cornelis (manager) and PORDON…
27-09-2023Annual accounts filed
01-07-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of metal structures and parts of structuresNACE 25110
Founded: 14-12-2010
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Who signs: Each director alone
Annual meeting: Third Friday of June at 20:00

Go to Articles of association

Key facts about ON TIME PRODUCTS

What is the company number of ON TIME PRODUCTS?: 0831.855.667. In Belgium the VAT number is the company number with BE in front: BE 0831.855.667.
Where is ON TIME PRODUCTS based?: The registered office is at Mulk 95, 3930 Hamont-Achel.Company details
What does ON TIME PRODUCTS do?: According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of ON TIME PRODUCTS?: Private limited company (BV).
When was ON TIME PRODUCTS founded?: On 14-12-2010.
Is ON TIME PRODUCTS still active?: Yes, ON TIME PRODUCTS is an active enterprise in the KBO register.
What is the turnover of ON TIME PRODUCTS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ON TIME PRODUCTS profitable?: In financial year 2025, ON TIME PRODUCTS made a loss of €44,326.
Where can I find the annual accounts of ON TIME PRODUCTS?: ON TIME PRODUCTS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ON TIME PRODUCTS due?: By 31-07-2027, for financial year 2026.Timeline