ONE
ActiveSummary
ONE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€75,454) and a net result of -€4,230. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 13604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▲+6
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.12 against 7.49 in 2024; short-term debt: 13% and cash: 8.2% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-68.8%
Return on assets
-3.9%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€75,454
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
23 d early
2023
24 d early
2022
3 d early
2021
8 d early
2020
18 d early
2019
20 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€75,454▼ 5.9%
2024 · -€71,224
Total assets
€109,666▼ 4.4%
2024 · €114,656
Net result
-€4,230▲ 57.5%
2024 · -€9,947
Working capital
€87,398▼ 6.0%
2024 · €92,984
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,825▲ 85.8%€36,506-€8,862-€9,844▼ 11.1%-€4,184▲ 57.5%
Net result-€5,011below the sector's middle half▲ 86.2%€35,152above the sector's middle half-€8,534below the sector's middle half-€9,947below the sector's middle half▼ 16.6%-€4,230within the sector's middle half▲ 57.5%
Equity-€87,894below the sector's middle half▼ 6.0%-€52,742below the sector's middle half▲ 40.0%-€61,277below the sector's middle half▼ 16.2%-€71,224below the sector's middle half▼ 16.2%-€75,454below the sector's middle half▼ 5.9%
Total assets€171,177within the sector's middle half▼ 5.6%€205,013within the sector's middle half▲ 19.8%€123,463within the sector's middle half▼ 39.8%€114,656within the sector's middle half▼ 7.1%€109,666within the sector's middle half▼ 4.4%
Debt€259,071▼ 1.9%€257,756▼ 0.5%€184,739▼ 28.3%€185,880▲ 0.6%€185,120▼ 0.4%
Working capital€90,175above the sector's middle half▼ 11.3%€174,627above the sector's middle half▲ 93.7%€102,601above the sector's middle half▼ 41.2%€92,984above the sector's middle half▼ 9.4%€87,398above the sector's middle half▼ 6.0%
Solvency-51.3%below the sector's middle half▼ 5.6pp-25.7%below the sector's middle half▲ 25.6pp-49.6%below the sector's middle half▼ 23.9pp-62.1%below the sector's middle half▼ 12.5pp-68.8%below the sector's middle half▼ 6.7pp
Current ratio6.22above the sector's middle half▼ 7.329.13above the sector's middle half▲ 2.918.94above the sector's middle half▼ 0.197.49above the sector's middle half▼ 1.467.12above the sector's middle half▼ 0.37
Return on assets (ROA)-2.9%within the sector's middle half▲ 17.1pp17.1%above the sector's middle half▲ 20.1pp-6.9%within the sector's middle half▼ 24.1pp-8.7%below the sector's middle half▼ 1.8pp-3.9%within the sector's middle half▲ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,184 in 2025 against €9,844 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,666
Fixed assets
€7,986 ▲ 8.8%
Current assets
€101,680 ▼ 5.3%
Key figures and ratios
EBITDA
-€3,516▲
2024 · -€9,233
Cash flow
-€3,563▲
2024 · -€9,336
Quick ratio
0.74▼
2024 · 1.07
Debt to equity
-2.45▲
2024 · -2.61
Interest coverage
-75.92▲
2024 · -89.43
Debt ≤ 1 year
€14,282▼
2024 · €14,336
Debt > 1 year
€170,838▼
2024 · €171,544
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3,150 | €106,554 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,741 | €971 | €971 | €611 | €668 | ▲ 9.2% |
| Other operating charges640/8 | €6,139 | €70,051 | €1,088 | €525 | €531 | ▲ 1.2% |
| Gross operating margin9900 | €9,056 | €107,528 | -€6,803 | -€8,708 | -€2,985 | ▲ 65.7% |
| Operating profit (loss)9901 | -€4,825 | €36,506 | -€8,862 | -€9,844 | -€4,184 | ▲ 57.5% |
| Financial income75/76B | €2 | - | €397 | - | €0 | - |
| Recurring financial income75 | €2 | - | €397 | - | €0 | - |
| Financial charges65/66B | €158 | €1,290 | €65 | €103 | €46 | ▼ 55.1% |
| Recurring financial charges65 | €158 | €1,290 | €65 | €103 | €46 | ▼ 55.1% |
| Profit (loss) for the period before taxes9903 | -€4,981 | €35,215 | -€8,531 | -€9,947 | -€4,230 | ▲ 57.5% |
| Income taxes67/77 | €31 | €63 | €3 | - | - | - |
| Profit (loss) for the period9904 | -€5,011 | €35,152 | -€8,534 | -€9,947 | -€4,230 | ▲ 57.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,011 | €35,152 | -€8,534 | -€9,947 | -€4,230 | ▲ 57.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,177 | €205,013 | €123,463 | €114,656 | €109,666 | ▼ 4.4% |
| Fixed assets21/28 | €63,736 | €8,919 | €7,948 | €7,336 | €7,986 | ▲ 8.8% |
| Intangible fixed assets21 | €9,890 | €8,919 | €7,948 | €7,336 | €6,725 | ▼ 8.3% |
| Tangible fixed assets22/27 | €53,846 | - | - | - | €1,261 | - |
| Land and buildings22 | €46,850 | - | - | - | - | - |
| Furniture and vehicles24 | €6,996 | - | - | - | €1,261 | - |
| Current assets29/58 | €107,441 | €196,094 | €115,515 | €107,320 | €101,680 | ▼ 5.3% |
| Stocks and contracts in progress3 | €91,005 | €92,037 | €92,037 | €92,037 | €91,182 | ▼ 0.9% |
| Stocks30/36 | €91,005 | €92,037 | €92,037 | €92,037 | €91,182 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €14,169 | - | €934 | €1,004 | €1,489 | ▲ 48.2% |
| Trade receivables40 | - | - | - | - | €400 | - |
| Other amounts receivable41 | €14,169 | - | €934 | €1,004 | €1,089 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €2,099 | €103,927 | €22,544 | €14,216 | €8,953 | ▼ 37.0% |
| Deferred charges and accrued income490/1 | €168 | €130 | - | €63 | €57 | ▼ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,177 | €205,013 | €123,463 | €114,656 | €109,666 | ▼ 4.4% |
| Equity10/15 | -€87,894 | -€52,742 | -€61,277 | -€71,224 | -€75,454 | ▼ 5.9% |
| Contributions10/11 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Capital10 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Issued capital100 | €247,894 | €247,894 | €247,894 | €247,894 | €247,894 | = |
| Reserves13 | €9,014 | €9,014 | €9,014 | €9,014 | €9,014 | = |
| Non-distributable reserves130/1 | €9,014 | €9,014 | €9,014 | €9,014 | €9,014 | = |
| Legal reserve130 | €9,014 | €9,014 | €9,014 | €9,014 | €9,014 | = |
| Profit (loss) carried forward14 | -€344,802 | -€309,650 | -€318,185 | -€328,132 | -€332,362 | ▼ 1.3% |
| Amounts payable17/49 | €259,071 | €257,756 | €184,739 | €185,880 | €185,120 | ▼ 0.4% |
| Amounts payable after more than one year17 | €241,730 | €236,288 | €171,825 | €171,544 | €170,838 | ▼ 0.4% |
| Other amounts payable178/9 | €241,730 | €236,288 | €171,825 | €171,544 | €170,838 | ▼ 0.4% |
| Amounts payable within one year42/48 | €17,266 | €21,468 | €12,914 | €14,336 | €14,282 | ▼ 0.4% |
| Trade debts44 | €8,980 | €12,430 | €5,816 | €7,238 | €7,033 | ▼ 2.8% |
| Suppliers440/4 | €8,980 | €12,430 | €5,816 | €7,238 | €7,033 | ▼ 2.8% |
| Taxes, remuneration and social security45 | €2,486 | €5,788 | €3,848 | €3,848 | €3,998 | ▲ 3.9% |
| Taxes450/3 | €2,486 | €5,788 | €3,848 | €3,848 | €3,998 | ▲ 3.9% |
| Other amounts payable47/48 | €5,800 | €3,250 | €3,250 | €3,250 | €3,250 | = |
| Accrued charges and deferred income492/3 | €75 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,011 | €35,152 | -€8,534 | -€9,947 | -€4,230 | ▲ 57.5% |
| + Depreciation and write-downs630 | €7,741 | €971 | €971 | €611 | €668 | ▲ 9.2% |
| Operating cash flow (approximation) | €2,730 | €36,123 | -€7,563 | -€9,336 | -€3,563 | ▲ 61.8% |
| Investment in fixed assets (approximation) | - | €53,846 | €0 | €0 | -€1,317 | - |
| Change in cash | - | €101,828 | -€81,383 | -€8,328 | -€5,263 | ▲ 36.8% |
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
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €35,152
Net result €35,152 after 4 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity times 56current ratio 25.49
Current ratio from 0.46 to 25.49; short-term debt falls from €158,797 to €6,247.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Zulte · 1 establishment unit since 2002
Ground area
3,837 m²
Building footprint
460 m²
Volume, LiDAR
3,027 m³
Parcel 44050A0703/00M000, Flanders · tallest building 18.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Kerkstraat 46, 9870 Zulte
since 20022.059.757.188
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0703/00M000 | Flanders | 3,837 m² | 1 · 460 m² | 18.2 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 333 companies in sector 56302 we hold annual accounts for 169. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-08-1992
Fiscal year end30-09
Activities, NACEBEL 2025
56302Nightclubs
46150Agents in the wholesale of furniture, household goods and hardware
47400Retail sale of information and communication equipment
47712Retail trade
47721Retail sale of footwear
47789Other retail sale of new goods
56210Event catering
58290Other software publishing
66300Activities auxiliary to financial services and insurance activities
73110Advertising agencies
73200Market research and public opinion polling
74991Agents and managers of artists, athletes and other public figures
93299Other amusement and recreation activities
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448095656
Also
9925:BE0448095656
Registered
13-06-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.