Only-Style
ActiveSummary
Only-Style has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,706 and a net result of €29,960. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 177 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency35▲+35
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.75 in 2023; short-term debt: 90.1% and cash: 15.1% of total assets), and 90.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
9.9%
Return on assets
30.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
19 d early
2022
39 d early
2021
2 d early
2020
61 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€9,706
2023 · -€20,254
Total assets
€98,325▲ 38.2%
2023 · €71,159
Net result
€29,960
2023 · -€17,222
Working capital
€8,127
2023 · -€22,578
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, 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
Line20202021202220232024
Operating result€39,500▲ 846%-€4,705€4,414-€15,056€30,967
Net result€36,647above the sector's middle half▲ 8,276%-€7,644below the sector's middle half€3,004within the sector's middle half-€17,222below the sector's middle half€29,960above the sector's middle half
Equity€1,608below the sector's middle half-€6,037below the sector's middle half-€3,033below the sector's middle half▲ 49.8%-€20,254below the sector's middle half▼ 568%€9,706within the sector's middle half
Total assets€87,064within the sector's middle half▲ 13.8%€97,557within the sector's middle half▲ 12.1%€118,463within the sector's middle half▲ 21.4%€71,159within the sector's middle half▼ 39.9%€98,325within the sector's middle half▲ 38.2%
Debt€85,456▼ 23.4%€103,593▲ 21.2%€121,496▲ 17.3%€91,414▼ 24.8%€88,619▼ 3.1%
Working capital-€41▲ 99.9%-€10,255▼ 25,189%-€6,102▲ 40.5%-€22,578▼ 270%€8,127
Solvency1.8%below the sector's middle half▲ 47.6pp-6.2%below the sector's middle half▼ 8.0pp-2.6%below the sector's middle half▲ 3.6pp-28.5%below the sector's middle half▼ 25.9pp9.9%within the sector's middle half▲ 38.3pp
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, 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 returns to profit in 2024: €30,967 after a loss of €15,056 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98,325
Fixed assets
€1,578 ▼ 32.1%
Current assets
€96,746 ▲ 40.5%
Equity and liabilities €98,325
Equity
€9,706
Debt
€88,619
Debt finances 90.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€31,713▲
2023 · -€14,310
Cash flow
€30,706▲
2023 · -€16,476
Current ratio
1.09▲
2023 · 0.75
Quick ratio
0.91▲
2023 · 0.57
Debt to equity
9.13▲
2023 · -4.51
ROE
308.7%
ROA
30.5%▲
2023 · -24.2%
Interest coverage
12.72▲
2023 · -5.29
Debt ≤ 1 year
€88,619▼
2023 · €91,414
Income taxes
€284▲
2023 · €125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 928 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,816 | €1,605 | €1,723 | €4,832 | ▲ 180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €403 | €1,158 | €1,148 | €746 | €746 | = |
| Other operating charges640/8 | - | €879 | €854 | €63 | €547 | ▲ 767% |
| Gross operating margin9900 | €40,737 | -€2,668 | €6,416 | -€14,247 | €32,260 | ▲ 326% |
| Operating profit (loss)9901 | €39,500 | -€4,705 | €4,414 | -€15,056 | €30,967 | ▲ 306% |
| Financial income75/76B | - | €10 | €1,324 | €665 | €1,771 | ▲ 166% |
| Recurring financial income75 | €160 | €10 | €1,324 | €665 | €1,771 | ▲ 166% |
| Financial charges65/66B | - | €2,828 | €2,617 | €2,707 | €2,494 | ▼ 7.9% |
| Recurring financial charges65 | €2,886 | €2,828 | €2,617 | €2,707 | €2,494 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €36,774 | -€7,523 | €3,121 | -€17,097 | €30,244 | ▲ 277% |
| Income taxes67/77 | €127 | €121 | €117 | €125 | €284 | ▲ 128% |
| Profit (loss) for the period9904 | €36,647 | -€7,644 | €3,004 | -€17,222 | €29,960 | ▲ 274% |
| Profit (loss) for the period to be appropriated9905 | €36,647 | -€7,644 | €3,004 | -€17,222 | €29,960 | ▲ 274% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,064 | €97,557 | €118,463 | €71,159 | €98,325 | ▲ 38.2% |
| Fixed assets21/28 | €1,648 | €4,218 | €3,070 | €2,324 | €1,578 | ▼ 32.1% |
| Tangible fixed assets22/27 | €805 | €3,375 | €2,227 | €1,481 | €736 | ▼ 50.3% |
| Furniture and vehicles24 | - | €3,375 | €2,227 | €1,481 | €736 | ▼ 50.3% |
| Financial fixed assets28 | €843 | €843 | €843 | €843 | €843 | = |
| Current assets29/58 | €85,416 | €93,338 | €115,393 | €68,835 | €96,746 | ▲ 40.5% |
| Stocks and contracts in progress3 | €6,466 | €6,466 | €6,466 | €16,466 | €16,466 | = |
| Stocks30/36 | - | €6,466 | €6,466 | €16,466 | €16,466 | = |
| Amounts receivable within one year40/41 | €77,276 | €78,194 | €100,634 | €45,679 | €64,071 | ▲ 40.3% |
| Trade receivables40 | - | €77,068 | €97,557 | €45,112 | €64,071 | ▲ 42.0% |
| Other amounts receivable41 | - | €1,126 | €3,077 | €567 | - | - |
| Cash at bank and in hand54/58 | €461 | €7,467 | €7,081 | €5,316 | €14,835 | ▲ 179% |
| Deferred charges and accrued income490/1 | - | €1,212 | €1,212 | €1,375 | €1,375 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,064 | €97,557 | €118,463 | €71,159 | €98,325 | ▲ 38.2% |
| Equity10/15 | €1,608 | -€6,037 | -€3,033 | -€20,254 | €9,706 | ▲ 148% |
| Contributions10/11 | - | €90,520 | €90,520 | €90,520 | €90,520 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€90,772 | -€98,417 | -€95,413 | -€112,634 | -€82,674 | ▲ 26.6% |
| Amounts payable17/49 | €85,456 | €103,593 | €121,496 | €91,414 | €88,619 | ▼ 3.1% |
| Amounts payable within one year42/48 | €85,456 | €103,593 | €121,496 | €91,414 | €88,619 | ▼ 3.1% |
| Current portion of amounts payable after more than one year42 | - | €28,770 | €43,756 | €42,000 | €33,650 | ▼ 19.9% |
| Financial debts43 | - | €23,349 | €21,349 | - | €18,160 | - |
| Credit institutions430/8 | - | €23,349 | €21,349 | - | €18,160 | - |
| Trade debts44 | €5,178 | €21,263 | €36,071 | €20,978 | €18,615 | ▼ 11.3% |
| Suppliers440/4 | - | €21,263 | €36,071 | €20,978 | €18,615 | ▼ 11.3% |
| Taxes, remuneration and social security45 | - | €6,396 | €9,017 | €213 | €3,147 | ▲ 1,375% |
| Taxes450/3 | - | - | - | - | €2,933 | - |
| Remuneration and social security454/9 | - | €6,396 | €9,017 | €213 | €213 | = |
| Other amounts payable47/48 | - | €23,816 | €11,302 | €28,222 | €15,047 | ▼ 46.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,647 | -€7,644 | €3,004 | -€17,222 | €29,960 | ▲ 274% |
| + Depreciation and write-downs630 | €403 | €1,158 | €1,148 | €746 | €746 | = |
| Operating cash flow (approximation) | €37,050 | -€6,486 | €4,153 | -€16,476 | €30,706 | ▲ 286% |
| Investment in fixed assets (approximation) | - | -€3,728 | €0 | €0 | €0 | - |
| Change in cash | - | €7,005 | -€386 | -€1,765 | €9,519 | ▲ 639% |
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
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29,960
Net result €29,960 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€17,222
Net result drops to -€17,222, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,004
Net result €3,004 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €36,647 ▲8,276%
Operating result €39,500, net result €36,647, both a record.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Halle · 1 establishment unit since 1997
Ground area
479 m²
Building footprint
390 m²
Volume, LiDAR
2,463 m³
2 parcels, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alsembergsesteenweg 76 A, 1501 Halle
since 19972.082.051.649
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23013A0122/00G007 | Flanders | 283 m² | 1 · 283 m² | 13.4 m · 1 fl. |
| 23013A0122/00F007 | Flanders | 196 m² | 1 · 107 m² | 13.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BNW
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BASICDESIGN
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EUROTIS BELGIUM
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Of 629 companies in sector 22240 we hold annual accounts for 363. 139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460714663
Also
9925:BE0460714663
Registered
29-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.