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ONWARD

Active
Non-profit associationfounded 2024active for 2 yearsSlekstraat 18, 8340 Damme, BelgiumKBO/BCE: BE 1007.492.676

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

ONWARD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285 and a net result of -€12. Its solvency ranks better than 95% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00479621.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-08-2026
Format
micro format
Reference
2026-00479621
Turnover
≈ €320
Estimated: probably between €190 and €630
Total assets
€285
Net result
-€12
Working capital
Not included in this filing

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Companies with the same profile, two years later

Historical observation

In July 2024, 2,145 companies had the same profile as ONWARD has now. Two years later, 2.2% had gone bankrupt and 91.7% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ONWARD itself is lower: < 0.1% within 12 months. It rests on far more data about ONWARD than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,145 companies, not a prediction for ONWARD. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 15 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€285
Current assets29/58€285
Cash at bank and in hand54/58€285
Equity and liabilities
Total equity and liabilities10/49€285
Equity10/15€285
Profit (loss) carried forward14€285
Income statement Code2025
Gross operating margin9900€60
Operating profit (loss)9901€60
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903-€12
Profit (loss) for the period9904-€12
Profit (loss) for the period to be appropriated9905-€12
Appropriation of the result
Profit (loss) to be appropriated9906€285
Profit (loss) brought forward from the previous period14P€297
Line2025
Gross operating margin9900€60
Operating profit (loss)9901€60
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903-€12
Profit (loss) for the period9904-€12
Profit (loss) for the period to be appropriated9905-€12
Line2025
Assets
Total assets20/58€285
Current assets29/58€285
Cash at bank and in hand54/58€285
Equity and liabilities
Total equity and liabilities10/49€285
Equity10/15€285
Profit (loss) carried forward14€285
Line2025
Profit (loss) for the period9904-€12
Operating cash flow (approximation)-€12

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00479621 NBB

Comparable companies

These companies have the same main activity as ONWARD: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €318 and €1,050, founded between 2021 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ONWARD Damme2024€285€285€60-€122025
RDW Event Nijlen2024€318-€5,562-€1,745-€5,5622025
DENDICE Verlaine2021€391-€4,770-€2,409-€2,5492025
New Productions Era Antwerpen2025€894-€3,622-€6,142-€6,6222025
NEARWORKING Andenne2022€880-€26,452€744€1772025
UTOPIA Vosselaar2023€1,026-€14,565-€2,715-€2,7892025
KAOS Merksplas2022€1,047-€14,879-€1,294-€2,0702025

They were chosen from the 1,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.