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Onshore

Active
Private limited companyfounded 2008active for 18 yearsVaartdijk 54, 1981 Zemst, BelgiumKBO/BCE: BE 0896.237.537
Summary

Onshore has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €17,043 and a net result of -€14,192. Equity has been shrinking by about 6.3% per year since 2019. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-03-2008 Normal situation
Activity
Air transport NACE 51100and 1 other
Establishment unit
2.174.287.266 1981 Zemst, since 19-11-2008
Financial year end
31 March
Peppol
Reachable since 06-01-2026

Board and ownership

Board

Financial position

85 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2026
Gross margin
€1,421
Turnover
≈ €9,600
estimated
Loss
€14,192
▼ 52.3%
Equity
€17,043
▼ 45.4%
Total assets
€60,315
▼ 40.9%
Staff
≈ 0 FTE
estimated
Score breakdownraises riskLoss of €14,192, the second in a row (financial year 2026)lowers riskLiquidity: current ratio 0.79, cash €33,990Size: total assets €60,315Founded in 2008Show the evidence

Checked score

Score 2026
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in air transport (NACE 51)
Financial strength · tick: 2025
Weak
Solvency 53-3
equity 28.3% of total assets
Liquidity 61-2
short-term debt 71.7% · cash 56.4%
Profitability 2+2
return on assets -23.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (202 companies, NACE 51, micro)
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: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.79 (0.89 in 2025), below 1. Short-term debt is 71.7% and cash 56.4% of total assets. 71.7% of the assets are financed with debt and provisions.
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 51, micro). It does better than 41% of them on solvency, 58% on liquidity, 18% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 0.79, cash €33,990
NBB · annual accounts
raises risk · Loss of €14,192, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Size: total assets €60,315
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€14,192
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-10-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
20 days early
2025
35 days early
2024
109 days early
2023
66 days early
2022
126 days late
2021
135 days early
2020
4 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 35 days before the deadline. In the sector (NACE 51), the median for financial year 2024 was 10 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 26 September (4 of the last 5 accounts filed within 74 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 10th oldest company in Flemish Brabant, Air transport sectorin the Checked rankings No. 10 View
  • Caution: 2 loss-making years in a rowloss in financial year 2026 -€14,192 View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Change of role: Cluytens Bart, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Onshore: air transport (NACE 51100). They are comparable in size and age: total assets between €50,600 and €88,700, founded between 1995 and 2014.

CompanyTotal assetsGross margin
Onshore Zemst€60,315€1,421
AVIATE Lier€50,632-€19,351
VERMAIR CONTROLS Asse€67,408-€2,027
AIR@WORKS Roeselare€82,097-€4,927
LOXODROOM Antwerpen€53,808€4,563
AFI GROUPE Elsene€88,713€197
NAMUR AIR PROMOTION Gerpinnes€81,484-€6,178
Full comparison

Key facts about Onshore

What is the company number of Onshore?
The company number of Onshore is 0896.237.537. The VAT number is the same number with BE in front: BE 0896.237.537.
Where is Onshore based?
The registered office is at Vaartdijk 54, 1981 Zemst.Company details
What does Onshore do?
According to the KBO register, the main activity is air transport (NACE 51100).
What is the legal form of Onshore?
The legal form of Onshore is Private limited company (BV).
When was Onshore founded?
Onshore was founded on 06-03-2008.
Is Onshore still active?
Yes, Onshore is an active enterprise in the KBO register.
What is the turnover of Onshore?
The turnover in financial year 2026 is ≈ €9,600. This figure is estimated from the gross margin of €1,421 and 2,698 comparable companies of the same size. It probably lies between €4,000 and €24,000. It is a rough estimate.Financials
Is Onshore profitable?
In financial year 2026, Onshore made a loss of €14,192.
Where can I find the annual accounts of Onshore?
Onshore filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Onshore due?
Onshore must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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