ONDERWEG
Open bankruptcyA bankruptcy procedure is open for ONDERWEG according to publications in the Belgian State Gazette; curator: Lieve TEINTENIER. The 2022 annual accounts show equity of €262k and a net result of €60k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-07-2023, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d early
2021
32 d early
2020
45 d late
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€262k▲ 29.8%
2021 · €202k
2018: €80k
2019: €129k
2020: €187k
2021: €202k
2018 → 2022
Total assets
€577k▲ 83.2%
2021 · €315k
2018: €283k
2019: €251k
2020: €514k
2021: €315k
2018 → 2022
Net result
€60k▲ 294%
2021 · €15k
2018: €33k
2019: €49k
2020: €57k
2021: €15k
2018 → 2022
Working capital
€233k▲ 21.3%
2021 · €192k
2018: €82k
2019: €123k
2020: €174k
2021: €192k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€80k-€129k▲ 60.9%€187k▲ 44.5%€202k▲ 8.2%€262k▲ 29.8%
Operating result€42k-€62k▲ 47.0%€79k▲ 26.1%€34k▼ 56.1%€82k▲ 139%
Net result€33k-€49k▲ 48.4%€57k▲ 17.5%€15k▼ 73.4%€60k▲ 294%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 139% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €577k
Fixed assets
€39k▲ 31.4%
Current assets
€538k▲ 88.6%
Equity and liabilities €577k
Equity
€262k▲ 29.8%
Debt
€315k▲ 179%
The debt ratio rises from 35.9% to 54.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▲
2021 · €51k
Cash flow
€67k▲
2021 · €32k
Solvency
45.4%▼
2021 · 64.1%
Current ratio
1.76▼
2021 · 3.06
Quick ratio
1.76▼
2021 · 3.06
Debt / equity
1.20▲
2021 · 0.56
ROE
23.0%▲
2021 · 7.6%
ROA
10.4%▲
2021 · 4.8%
Interest coverage
14.65▲
2021 · 5.64
Debt
€315k▲
2021 · €113k
Debt ≤ 1 year
€305k▲
2021 · €93k
Debt > 1 year
€10k▼
2021 · €19k
Income taxes
€19k▲
2021 · €14k
Staff costs
€500k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€315k€577k▲
Fixed assets21/28€30k€39k▲
Tangible fixed assets22/27€30k€39k▲
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€25k€32k▲
Current assets29/58€285k€538k▲
Amounts receivable after more than one year29€198k€198k=
Trade receivables290€198k€198k=
Amounts receivable within one year40/41€87k€336k▲
Trade receivables40€80k€163k▲
Other amounts receivable41€8k€173k▲
Cash at bank and in hand54/58€273€5k▲
Equity and liabilities
Total equity and liabilities10/49€315k€577k▲
Equity10/15€202k€262k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€42k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133-€40k
Profit (loss) carried forward14€182k€202k▲
Amounts payable17/49€113k€315k▲
Amounts payable after more than one year17€19k€10k▼
Financial debts170/4€19k€10k▼
Amounts payable within one year42/48€93k€305k▲
Current portion of amounts payable after more than one year42€10k€9k▼
Financial debts43€40k-
Credit institutions430/8€40k-
Trade debts44-€143k
Suppliers440/4-€143k
Taxes, remuneration and social security45€41k€151k▲
Taxes450/3€41k€108k▲
Remuneration and social security454/9-€43k
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€895-
Income statement
Code20212022
Non-recurring operating income76A€7k€36k▲
Remuneration, social security and pensions62-€500k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€7k▼
Other operating charges640/8€9k€17k▲
Non-recurring operating charges66A€151-
Gross operating margin9900€60k€606k▲
Operating profit (loss)9901€34k€82k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€29k€79k▲
Income taxes67/77€14k€19k▲
Profit (loss) for the period9904€15k€60k▲
Profit (loss) for the period to be appropriated9905€15k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€182k€242k▲
Profit (loss) brought forward from the previous period14P€166k€182k▲
Transfer to equity691/2-€40k
To other reserves6921-€40k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · ONDERWEG BV MULLEM- STRAAT 20B, 9700 OUDENAARDE · event 20-05-2025
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €60k ▲294%
Operating result €82k, net result €60k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €15k ▼73.4%
Net result drops to €15k, the lowest in the series.
31-12
Financial
Equity above €200kEq €202k ▲8.2%
4 profitable years in a row build equity to €202k.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Equity above €150kEq €187k ▲44.5%
3 profitable years in a row build equity to €187k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €129k ▲60.9%
2 profitable years in a row build equity to €129k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oudenaarde · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mullemstraat 20B9700 OudenaardeGround area
7,846 m²
Building footprint
738 m²
Volume, LiDAR
3,894 m³
Parcel 45026A0453/00K000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ONDERWEG
since 20162.251.924.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45026A0453/00K000 | Flanders | 7,846 m² | 1 · 738 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lieve TEINTENIER MAQUISSTRAAT 11, 9600 RONSE- |
20-05-2025 → present |
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 828 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2016
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.