ONSIM
ActiveSummary
ONSIM has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10.9m and a net result of €171,810. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 94% of 19362 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900,000 at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.51 in 2023; short-term debt: 3.5% and cash: 5.4% of total assets), and 5.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.5%
Return on assets
1.5%
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
33 d early
2022
55 d early
2021
53 d early
2020
5 d early
2019
3 d late
← 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 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 company by equity in Westerlo, Real estate sector#4 company by total assets in Westerlo, Real estate sector#4 oldest company in Westerlo, Real estate sector
Equity
€10.9m▼ 0.4%
2023 · €11.0m
Total assets
€11.6m▼ 0.2%
2023 · €11.6m
Net result
€171,810▲ 73.3%
2023 · €99,133
Working capital
€255,306▲ 35.2%
2023 · €188,884
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20202021202220232024
Operating result€1.1m▲ 229%€333,647▼ 70.2%€324,591▼ 2.7%€167,504▼ 48.4%€273,566▲ 63.3%
Net result€792,916above the sector's middle half▲ 273%€204,272above the sector's middle half▼ 74.2%€183,717above the sector's middle half▼ 10.1%€99,133above the sector's middle half▼ 46.0%€171,810above the sector's middle half▲ 73.3%
Equity€10.5mabove the sector's middle half▲ 111%€10.7mabove the sector's middle half▲ 1.9%€10.9mabove the sector's middle half▲ 1.7%€11.0mabove the sector's middle half▲ 0.9%€10.9mabove the sector's middle half▼ 0.4%
Total assets€11.6mabove the sector's middle half▲ 93.8%€11.7mabove the sector's middle half▲ 0.5%€11.6mabove the sector's middle half▼ 0.6%€11.6mabove the sector's middle half▼ 0.1%€11.6mabove the sector's middle half▼ 0.2%
Debt€929,963▼ 9.5%€780,275▼ 16.1%€526,583▼ 32.5%€423,967▼ 19.5%€449,824▲ 6.1%
Working capital€935,100€1.2m▲ 27.9%€1.5m▲ 21.7%€188,884▼ 87.0%€255,306▲ 35.2%
Solvency90.2%above the sector's middle half▲ 7.4pp91.6%above the sector's middle half▲ 1.3pp93.7%above the sector's middle half▲ 2.1pp94.6%above the sector's middle half▲ 0.9pp94.5%above the sector's middle half▼ 0.1pp
Staff (FTE)2
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 recovers in 2024; 2024 is 63% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.6m
Fixed assets
€10.9m ▼ 1.2%
Current assets
€664,033 ▲ 18.9%
Equity and liabilities €11.6m
Equity
€10.9m ▼ 0.4%
Provisions
€184,880 ▼ 6.0%
Debt
€449,824 ▲ 6.1%
Debt's share of the balance-sheet total rises from 3.7% to 3.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€422,584▼
2023 · €455,883
Cash flow
€320,827▼
2023 · €387,513
Current ratio
1.62▲
2023 · 1.51
Debt to equity
0.04▲
2023 · 0.04
ROE
1.6%▲
2023 · 0.9%
ROA
1.5%▲
2023 · 0.9%
Interest coverage
23.87▲
2023 · 21.73
Debt ≤ 1 year
€408,727▲
2023 · €369,491
Debt > 1 year
€25,112▼
2023 · €34,564
Income taxes
€97,735▲
2023 · €56,104
Staff costs
€35,993▲
2023 · €16,179
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 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% | 1.6% |
| 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 74% 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 16,986 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 | - | - | - | €1,445 | - | - |
| Remuneration, social security and pensions62 | - | €12,446 | €17,808 | €16,179 | €35,993 | ▲ 122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,719 | €83,411 | €84,566 | €288,379 | €149,017 | ▼ 48.3% |
| Other operating charges640/8 | - | €36,451 | €28,620 | €43,558 | €90,580 | ▲ 108% |
| Gross operating margin9900 | €1.3m | €465,955 | €455,585 | €515,620 | €549,157 | ▲ 6.5% |
| Operating profit (loss)9901 | €1.1m | €333,647 | €324,591 | €167,504 | €273,566 | ▲ 63.3% |
| Financial income75/76B | - | €629 | €622 | €746 | €1,837 | ▲ 146% |
| Recurring financial income75 | €59 | €629 | €622 | €746 | €1,837 | ▲ 146% |
| Financial charges65/66B | - | €32,394 | €49,891 | €20,975 | €17,703 | ▼ 15.6% |
| Recurring financial charges65 | €35,597 | €32,394 | €27,848 | €20,975 | €17,703 | ▼ 15.6% |
| Non-recurring financial charges66B | - | - | €22,043 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €301,882 | €275,322 | €147,275 | €257,700 | ▲ 75.0% |
| Transfer from deferred taxes780 | - | - | - | €7,962 | €11,844 | ▲ 48.8% |
| Income taxes67/77 | €87,435 | €97,610 | €91,605 | €56,104 | €97,735 | ▲ 74.2% |
| Profit (loss) for the period9904 | €792,916 | €204,272 | €183,717 | €99,133 | €171,810 | ▲ 73.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €23,887 | €35,533 | ▲ 48.8% |
| Profit (loss) for the period to be appropriated9905 | €178,857 | €204,272 | €183,717 | €123,020 | €207,343 | ▲ 68.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.6m | €11.7m | €11.6m | €11.6m | €11.6m | ▼ 0.2% |
| Fixed assets21/28 | €9.8m | €9.7m | €9.6m | €11.0m | €10.9m | ▼ 1.2% |
| Tangible fixed assets22/27 | €9.8m | €9.7m | €9.6m | €11.0m | €10.9m | ▼ 1.2% |
| Land and buildings22 | - | €9.7m | €9.6m | €11.0m | €10.9m | ▼ 1.1% |
| Furniture and vehicles24 | - | €13,591 | €6,795 | €18,926 | €14,688 | ▼ 22.4% |
| Leasing and similar rights25 | - | - | - | €43,244 | €33,608 | ▼ 22.3% |
| Current assets29/58 | €1.8m | €1.9m | €2.0m | €558,375 | €664,033 | ▲ 18.9% |
| Amounts receivable within one year40/41 | - | €101,653 | €141,050 | €57,811 | €28,399 | ▼ 50.9% |
| Trade receivables40 | - | €23,836 | €6,850 | €23,915 | €26,134 | ▲ 9.3% |
| Other amounts receivable41 | - | €77,817 | €134,200 | €33,896 | €2,265 | ▼ 93.3% |
| Cash at bank and in hand54/58 | €1.7m | €1.7m | €1.8m | €481,586 | €630,198 | ▲ 30.9% |
| Deferred charges and accrued income490/1 | - | €106,196 | €19,745 | €18,978 | €5,436 | ▼ 71.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.6m | €11.7m | €11.6m | €11.6m | €11.6m | ▼ 0.2% |
| Equity10/15 | €10.5m | €10.7m | €10.9m | €11.0m | €10.9m | ▼ 0.4% |
| Contributions10/11 | €920,000 | €939,935 | €939,935 | €939,935 | €939,935 | = |
| Capital10 | - | €920,000 | €920,000 | €920,000 | €920,000 | = |
| Issued capital100 | - | €920,000 | €920,000 | €920,000 | €920,000 | = |
| Outside capital11 | - | €19,935 | €19,935 | €19,935 | €19,935 | = |
| Share premium1100/10 | - | €19,935 | €19,935 | €19,935 | €19,935 | = |
| Revaluation surpluses12 | - | €8.4m | €8.4m | €8.4m | €8.4m | = |
| Reserves13 | €1.2m | €1.4m | €1.6m | €1.7m | €1.6m | ▼ 2.4% |
| Non-distributable reserves130/1 | - | €92,000 | €92,000 | €92,000 | €92,000 | = |
| Legal reserve130 | - | €92,000 | €92,000 | €92,000 | €92,000 | = |
| Tax-exempt reserves132 | - | €614,059 | €614,059 | €590,172 | €554,639 | ▼ 6.0% |
| Distributable reserves133 | - | €674,922 | €858,638 | €981,659 | €976,485 | ▼ 0.5% |
| Profit (loss) carried forward14 | -€298,339 | - | - | - | - | - |
| Provisions and deferred taxes16 | €204,686 | €204,686 | €204,686 | €196,724 | €184,880 | ▼ 6.0% |
| Deferred taxes168 | - | €204,686 | €204,686 | €196,724 | €184,880 | ▼ 6.0% |
| Amounts payable17/49 | €929,963 | €780,275 | €526,583 | €423,967 | €449,824 | ▲ 6.1% |
| Amounts payable after more than one year17 | €8,422 | €1,203 | - | €34,564 | €25,112 | ▼ 27.3% |
| Financial debts170/4 | - | €1,203 | - | €34,564 | €25,112 | ▼ 27.3% |
| Amounts payable within one year42/48 | €888,960 | €752,471 | €505,315 | €369,491 | €408,727 | ▲ 10.6% |
| Current portion of amounts payable after more than one year42 | - | €7,219 | €2,648 | €9,511 | €9,850 | ▲ 3.6% |
| Trade debts44 | €168,223 | €128,006 | €66,129 | €76,163 | €60,316 | ▼ 20.8% |
| Suppliers440/4 | - | €128,006 | €66,129 | €76,163 | €60,316 | ▼ 20.8% |
| Taxes, remuneration and social security45 | - | €32,101 | €16,005 | €12,082 | €2,853 | ▼ 76.4% |
| Taxes450/3 | - | €27,863 | €10,900 | €10,900 | - | - |
| Remuneration and social security454/9 | - | €4,239 | €5,105 | €1,183 | €2,853 | ▲ 141% |
| Other amounts payable47/48 | - | €585,145 | €420,532 | €271,735 | €335,708 | ▲ 23.5% |
| Accrued charges and deferred income492/3 | - | €26,600 | €21,268 | €19,912 | €15,985 | ▼ 19.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €792,916 | €204,272 | €183,717 | €99,133 | €171,810 | ▲ 73.3% |
| + Depreciation and write-downs630 | €81,719 | €83,411 | €84,566 | €288,379 | €149,017 | ▼ 48.3% |
| Operating cash flow (approximation) | €874,635 | €287,683 | €268,283 | €387,513 | €320,827 | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | -€13,797 | -€2,239 | -€1.7m | -€16,665 | ▲ 99.0% |
| Change in cash | - | €22,037 | €59,406 | -€1.3m | €148,612 | ▲ 111% |
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
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €99,133 ▼46%
Net result drops to €99,133, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €792,916 ▲273%
Operating result €1.1m, net result €792,916, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.05
Current ratio from 0.81 to 2.05; short-term debt falls from €1.0m to €888,960.
31-12
Financial
Equity above €10mEq €10.5m ▲111%
3 profitable years in a row build equity to €10.5m.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
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 8 acts read
About the unread acts
We know of 8 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
8 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, Westerlo · 1 establishment unit since 1986
Ground area
4,548 m²
Building footprint
1,280 m²
Volume, LiDAR
6,923 m³
Parcel 13028C0279/00R000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Houtstraat 3, 2260 Westerlo
since 19862.034.740.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028C0279/00R000 | Flanders | 4,548 m² | 1 · 1,280 m² | 7.7 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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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 2,071 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-09-1986
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429565092
Also
9925:BE0429565092
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.