Equity
€533,960 from €1.1m in 2016
Equity fell by 51% in 9 years.
ONLINE
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1994peak €368,912 (2023)
€284,025▲ 13.5%
lowest -€482,465 (2017)
€8,904▲ €167,143
peak €1.1m (2016)
€533,960▲ 1.7%
€5.6m▼ 2.6%
peak 0.2 FTE (2018)
-not published
Board3 names since 2015
1 directorFEKAGA BV
Owners
Documentsfilings and deeds
16-06-202644 days before the deadline
2025abbreviated format
Gross margin from €250,206 to €284,025Back to profit: €8,904
Key points
from the 2025 annual accountsResult
€8,904 €8,904
Back in profit in 2025, after a loss of €158,239 in 2024.
Turnover
≈ €500,000 estimated
The abbreviated format states no turnover.
Debts
€5.6m 90% of the balance sheet
Financial debts 82%Suppliers 0%Other 18%
€4.7m of the debts are secured on the company's own assets. In 2021 that was €3.4m.
Investments
€8,000 0.0 × depreciation
Green is investment, beige is depreciation.
Filings
31 annual accounts since 1994
The last five annual accounts were filed 34 to 49 days before the end of the period.
Checked score
92
Excellent
Financially stronger than 34% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.86, cash €75,980
Equity €533,960 (8.6% of total assets)
lowers risk
Size: total assets €6.2m
Figures for financial year 2025 (filed on 16-06-2026)
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 68, small). It does better than 27% of them on solvency, 29% on liquidity, 27% on profitability and 52% 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 30-12-2025.
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, 208 companies had the same profile as ONLINE has now. Each dot is one company, two years later.
99.0%
were still trading
0.0%
stopped another way
0.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ONLINE itself: 0.1% 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.
| 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 208 companies, not a prediction for ONLINE. 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 €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.81 in 2024), below 1. Short-term debt is 35.2% and cash 1.2% of total assets. 91.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 16-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 days early
2024
49 days early
2023
34 days early
2022
41 days early
2021
37 days early
2020
43 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-12-2026 year end30-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448344589
New director
FEKAGA BV appointed, LANCKSWEERD Fernand Jules resigned · Permanent representative: LANCKSWEERD Fernand Jules · “Het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin…” (deed in Dutch) · General meeting of 12-10-2022 · Gazette deed
Resignation: Kate Lancksweerd (director)
Director discharge: Kate Lancksweerd · General meeting of 15-03-2022 · Gazette deed
Registered office moved from Melsele to Zwijndrecht
New registered office: Krijgsbaan 243, 2070 Zwijndrecht · Previous registered office: Torenstraat 2, 9120 Melsele · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ONLINE Beveren-Kruibeke-Zwijndrecht | €6.2m | €284,025 | 8.6% | - |
| Patriven Olen | €5.8m | €287,854 | 56.0% | - |
| BURODIME Ans | €6.7m | €263,874 | 67.9% | 1 |
| SA PIERRE ET NATURE Malmedy | €6.8m | €254,362 | 44.6% | - |
| DOMACO Brecht | €6.6m | €353,595 | 61.2% | - |
| SCHILLEBEECKX & CO Ravels | €6.8m | €480,502 | 14.4% | - |
| VERDI Antwerp | €6.6m | €223,127 | 34.1% | - |
These companies have the same main activity as ONLINE: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €5.8m and €6.8m, founded between 1987 and 1998.
Official details
Source: KBO- Status
- Active since 02-10-1992Normal situation
- Registered office
- 10 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.059.420.7572070 Beveren-Kruibeke-Zwijndrecht, since 05-11-1992
- Financial year end
- 30 December
- Peppol
- Reachable since 10-12-2025
Annual accounts to 30-12-2025
- €6.2m▼ 2.3%
- Filing
- Filed on 16-06-2026, 44 days before the end of the filing period
Insights on ONLINE
ONLINE files the abbreviated format. That format states no turnover. The gross margin rose from -€4,843 in 2006 to €284,025 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.
FEKAGA holds 98.66% of the shares.
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 ONLINE
- What is the company number of ONLINE?
- The company number of ONLINE is 0448.344.589. The VAT number is the same number with BE in front: BE 0448.344.589.
- Where is ONLINE based?
- The registered office is at Krijgsbaan 243, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
- What does ONLINE do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of ONLINE?
- ONLINE is a private limited company (BV).
- When was ONLINE founded?
- ONLINE was founded on 02-10-1992.
- Is ONLINE still active?
- Yes, ONLINE is an active enterprise in the KBO register.
- How many employees does ONLINE have?
- ONLINE had an average of 0.2 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of ONLINE?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €284,025 and 40 comparable companies (NACE 681). It probably lies between €380,000 and €830,000.
- Is ONLINE profitable?
- In financial year 2025, ONLINE made a profit of €8,904.
- Where can I find the annual accounts of ONLINE?
- ONLINE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ONLINE due?
- ONLINE must file the annual accounts for financial year 2026 by 30-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.