Equity
-€4,107
Debts exceed assets in financial year 2025.
Ontime
Lifetime
1 annual account with figurespeak €16,569 (2025)
€16,569
lowest -€7,107 (2025)
-€7,107
peak -€4,107 (2025)
-€4,107
€25,293
Board2 names since 2025
1 directorALGHOUL,Belal Nahed Mohammed
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Loss of €7,107Incorporation 06-061 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€25,293 119% of the balance sheet
Position in the sector
-19.4%
Lower solvency than 89% of companies in land transport. Sector median 37.7% · 5,946 companies.
Checked score
46
Fair
Financially stronger than 8% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 3.6%lowest value
08-2026: 3.7%▲ +0.1 percentage points vs 07-2026
09-2026: 4.1%▲ +0.4 percentage points vs 08-2026
10-2026: 4.4%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 4.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Founded in 2025
Negative equity -€4,107
lowers risk
Figures for financial year 2025 (filed on 27-06-2026)
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 49, micro). It does better than 10% of them on solvency, 8% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 1,322 companies had the same profile as Ontime has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
That fits the bankruptcy probability of Ontime itself: 4.4% 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 1,322 companies, not a prediction for Ontime. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26, below 1. Short-term debt is 119.4% and cash 5.3% of total assets. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
34 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- AIGhoul Belal 100 sharesdeed of 28-10-2026
- ALGhoul Ibrahimdeed of 28-10-2026
Recent changes
Appointment: AL Ghoul Ibrahim (director)
AI Ghoul Belal holds 100 shares · AL Ghoul Ibrahim is a shareholder · General meeting of 06-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023995148
Incorporation
Founding capital of €3,000, 100 shares · Founder: ALGHOUL, Belal Nahed Mohammed · Appointment: ALGHOUL, Belal Nahed Mohammed (director) · published on 06-06-2025 · Gazette deed
First establishment
Regentiestraat 2, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ontime Sint-Niklaas | €16,569 | -43.0% | -19.4% | - |
| PIZZA PISA Ghent | - | - | -44.3% | - |
| ASREIS Hasselt | - | - | -16.9% | - |
| EBD COMPANY Grimbergen | €3,723 | -94.1% | -6.2% | - |
| VITABELG Molenbeek-Saint-Jean | - | - | -26.6% | - |
| MALUCOM Geel | - | - | -68.4% | - |
| ROYAL SERVICE LIMOUSINE Denderleeuw | - | - | 7.0% | - |
Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Ontime: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €11,000 and €24,200, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 04-06-2025Normal situation
- Activity
- Non-scheduled passenger transport by roadNACE 49320and 2 others
- Establishment unit
- 2.374.326.8049100 Sint-Niklaas, since 04-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €21,186
- Filing
- Filed on 27-06-2026, 34 days before the end of the filing period
Insights on Ontime
The computed 12-month bankruptcy probability of Ontime is 4.4% (elevated). The 2025 annual accounts show negative equity (-€4,107) and a net result of -€7,107.
Its solvency ranks better than 11% of 5,946 sector peers (NACE 49, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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 Ontime
- What is the company number of Ontime?
- The company number of Ontime is 1023.995.148. The VAT number is the same number with BE in front: BE 1023.995.148.
- Where is Ontime based?
- The registered office is at Regentiestraat 2, 9100 Sint-Niklaas.Company details
- What does Ontime do?
- According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
- What is the legal form of Ontime?
- Ontime is a private limited company (BV).
- When was Ontime founded?
- Ontime was founded on 04-06-2025.
- Is Ontime still active?
- Yes, Ontime is an active enterprise in the KBO register.
- What is the turnover of Ontime?
- The turnover of Ontime was €16,569 in financial year 2025, according to the filed annual accounts.Financials
- Is Ontime profitable?
- In financial year 2025, Ontime made a loss of €7,107.
- Where can I find the annual accounts of Ontime?
- Ontime filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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 Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.