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Generated 01-08-2026
Active BE 1000.197.286Private limited company

OnTracx

Vlasgaardstraat 52 ·9000 Gent, Belgium· 2 yrs active
Sector: Retail trade (47639)
Conclusion Checked

The computed 12-month bankruptcy probability of OnTracx is 2.6% (moderate). The 2024 annual accounts show equity of €64k and a net result of €-106k. Its solvency ranks better than 45% of 1224 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €64k
Net result €-106k
Staff (FTE) 0.3
Better than sector 45%
Snowflake analysis 5 axes · computed by Checked
Health35Profitability0Solvency45Growth50Stability67
39 / 100

Fragile profile, watch profitability in particular.

Health 35
Profitability 0
Solvency 45
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
35 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 08-07-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 16.9% 20.4%
better than 45% of 1224 sector peers
Net result €-106k €26k
better than 8% of 1223 sector peers
Equity €64k €142k
better than 36% of 1224 sector peers
Gross operating margin €-65k €216k
better than 5% of 1222 sector peers
Staff costs €15k €162k
higher than 7% of 932 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€-81k
Net profit€-106k
Cash flow€-83k
Staff costs€15k
Income taxes-
Dividends-
Total assets€376k
Equity€64k
Debt€312k
of which ≤ 1y€74k
of which > 1y€238k
Working capital€130k
Employees (FTE)0.3
Ratios (computed)
2024
Current ratio2.75
Quick ratio2.75
Working capital ratio34.6%
Solvency16.9%
Debt / equity4.91
Long-term debt ratio3.74
Interest coverage-41.70
Gross margin-
Net margin-
ROA-28.3%
ROE-167.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€376k
Fixed assets 21/28€168k
Formation expenses 20€3k
Intangible fixed assets 21€166k
Tangible fixed assets 22/27€2k
Current assets 29/58€204k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€189k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€376k
Equity 10/15€64k
Contributions / capital 10/11€170k
Accumulated profits (losses) 14€-106k
Amounts payable 17/49€312k
Amounts payable after one year 17€238k
Amounts payable within one year 42/48€74k
Trade debts payable within one year 44€67k
Income statement
Gross operating margin 9900€-65k
Operating result 9901€-104k
Financial income 75€0
Financial charges 65€2k
Result before taxes 9903€-106k
Net result for the period 9904€-106k
Result to be appropriated 9905€-106k
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47639)
Legal form Private limited company(610)
Incorporation22-09-2023
StatusActive
Postal code9000
Establishment units 1 location
OnTracx
Vlasgaardstraat 52, 9000 GentVervaardiging van sportartikelen
since 20232.350.379.284
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44816K0663/00F002 Flanders 2,156 m² 1 · 95 m² 11.8 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
23-09-2025
State Gazette act Registered-office change
08-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
Belgisch Staatsblad, acts 1 acts
Address history · 1
23-09-2025
Registered-office move
All acts · 1 updated 10 months ago
2025
23-09-2025 Registered office moved within Gent Registered-office change
  • Franklin Rooseveltlaan 349 bus 80, 9000 Gent → Vlasgaardstraat 52, 9000 Gent
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Vlasgaardstraat 52, 9000 Gent",
        "city": "Gent",
        "region": "vlaams_gewest",
        "street": "Vlasgaardstraat",
        "country": "BE",
        "postcode": "9000",
        "box_number": null,
        "street_number": "52",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Franklin Rooseveltlaan 349 bus 80, 9000 Gent",
        "city": "Gent",
        "region": "vlaams_gewest",
        "street": "Franklin Rooseveltlaan",
        "country": "BE",
        "postcode": "9000",
        "box_number": "80",
        "street_number": "349",
        "locality_suffix": null
      },
      "effective_date": "2025-05-05",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2025-09-15",
    "act_kind_objet": "Zetelverplaatsing"
  },
  "decision": {
    "body": "bevoegde_bestuursorgaan",
    "date": "2025-05-05",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "1000.197.286",
    "name_full": "OnTracx",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Olivier Verhaege",
    "org_rep_person_name": null,
    "person_role_at_subject": "bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen b",
    "025 - Annexes du Moniteur belge"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Detailhandel in overige sportartikelen47639Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels47640Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels47740Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen47741Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Verhuur en lease van sport- en recreatieartikelen77210Verhuur en lease van sport- en recreatieartikelen77210Verhuur en lease van medisch en paramedisch materieel77225Verhuur en lease van medisch en paramedisch materieel77295
Primary activity highlighted.
Names & trade names
Legal nameNL OnTracx
Registered office
Vlasgaardstraat 52
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative