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OnCore

Active Public limited companyfounded 2024active for 2 yearsLucky Lukestraat 6, 8500 KortrijkKBO/BCE: BE 1011.008.630 subsidiary of Noest
Part of the group Nuclys 525 companies in 16 countries
See the group

Lifetime

2 annual accounts with figures on one time axis
peak €2.8m (2024)
€2.8m▼ 0.2%
peak €226,969 (2025)
€226,969▲ 147%
peak €423,491 (2025)
€423,491▲ 115%
€457,089▼ 20.4%
peak 16.2 FTE (2024)
15.5 FTE▼ 4.3%
Board4 names since 2024
3 directorsDe Cronos Groep and 2 others
Owners2 names in the annual accounts
100%Noest and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Gross margin from €1.1m to €1.5mResult from €91,851 to €226,969Equity from €196,522 to €423,491Debts from €574,552 to €457,089Investments €24,896Cash from €7,293 to €10,139

Key points

from the 2025 annual accounts

Result

€226,969 ▲ 147%
€91,9002024€227,0002025

The result rose in 2025 from €91,851 to €226,969.

Investments

€24,951 2.3 × depreciation
20242025

Green is investment, beige is depreciation. Machinery stands 102.9% higher than in 2024.

Staff

15 employees on 31-12-2025
1712024342025

In 2025, 3 people joined and 4 left.

Payment terms

60 days to suppliers
Suppliers
92 to 60
Customers
61 to 65

OnCore pays its suppliers 32 days earlier than in 2024. Customers pay 4 days later.

Liquidity

1.88 was 1.33 in 2024

Short-term debts fell from €567,574 to €452,536.

Checked score

85
Excellent
Financially stronger than 59% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 08-2025: 0.3%lowest value 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.4%▼ -0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

73+23equity 48.1% of total assets
26+15short-term debt 51.4% · cash 1.2%
90+25return on assets 25.8%

Score breakdown

raises risk
Liquidity: current ratio 1.88, cash €10,139
Founded in 2024
Size: turnover €2.8m, 15.5 FTE, total assets €880,832
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation

The band follows from the bankruptcy probability. 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 62, small). It does better than 60% of them on solvency, 20% on liquidity, 86% on profitability and 70% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 3,127 companies had the same profile as OnCore has now. Each dot stands for 8 companies, two years later.

97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of OnCore itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,127 companies, not a prediction for OnCore. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 1.88 (1.33 in 2024), above the usual 1.5. Short-term debt is 51.4% and cash 1.2% of total assets. However, 51.9% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 1.88, cash €10,139
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €2.8m, 15.5 FTE, total assets €880,832
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
4 days early
2024
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 11 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · 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.
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

DC
Managing director, DEROOST Dirk
DW
Managing director
OG
Director, BAMBUST Sam, since 01-07-2024
KB
Auditor, Tim Vermeiren
  • Noest 100%score 69equity €580,896 (2025) · annual accounts 2025
Board & ownership

Recent changes

Incorporation Transfer: Noest transfers a branch of activity to OnCore · Appointments: DE WIT Josephus (managing director), De Cronos Groep (managing director), OECO Groep and KPMG Bedrijfsrevisoren (statutory auditor) · Permanent representatives: DEROOST Dirk, BAMBUST Sam and Tim Vermeiren · published on 03-07-2024 · Gazette deed
First establishment Lucky Lukestraat 6, Kortrijk
All 5 events

Comparable companies

same main activity, similar in size and age
Company
OnCore Kortrijk €2.8m 12.3% 48.1% 15.5
Codana Kontich €2.6m 1.9% 23.2% 17
KNOWARE Watermael-Boitsfort - - 49.4% 17
Aivix Boortmeerbeek €3.1m 12.2% 12.6% 14.1
3Point Antwerp - - 16.2% 13.4
ALTEO CONSULTING Lasne - - -24.3% 19
UniSystems Belgium Brussels €1.9m 4.2% 45.4% 20.5
-10%0%10%20%€2m€20m€200m€2bnOnCoreEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as OnCore: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €689,000 and €1m, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 01-07-2024Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.362.180.9198500 Kortrijk, since 01-07-2024
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€880,832▲ 14.2%
Employeeson 31-12-2025
15▼ 6.3%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Companies linked to OnCore

Insights on OnCore

Solvency rose in 2025 from 25.5% to 48.1% because of the retained profit and lower debts.

Noest holds all the shares. In July 2024, the Official Gazette published the appointment of De Cronos Groep as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OnCore

What is the company number of OnCore?
The company number of OnCore is 1011.008.630. The VAT number is the same number with BE in front: BE 1011.008.630.
Where is OnCore based?
The registered office is at Lucky Lukestraat 6, 8500 Kortrijk.Company details
What does OnCore do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of OnCore?
OnCore is a public limited company (NV).
When was OnCore founded?
OnCore was founded on 01-07-2024.
Is OnCore still active?
Yes, OnCore is an active enterprise in the KBO register.
How many employees does OnCore have?
OnCore had an average of 15.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does OnCore fall under?
In its 2025 annual accounts, OnCore states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of OnCore?
The turnover of OnCore was €2.8m in financial year 2025, according to the filed annual accounts.
Is OnCore profitable?
In financial year 2025, OnCore made a profit of €226,969.
Where can I find the annual accounts of OnCore?
OnCore filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OnCore due?
OnCore must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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