STRAIGHT ON
Bankruptcy closedInactive since 23-07-2026; last annual accounts for fiscal year 2021.
Summary
STRAIGHT ON was declared bankrupt on 28-03-2024 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 14-07-2026, published in the Belgian State Gazette on 27-07-2026.
Signals
Two signals.
+raises risk○neutral
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Equity
€27,657▲ 5.6%
2020 · €26,198
Total assets
€142,924▲ 16.1%
2020 · €123,136
Net result
€1,459▲ 101%
2020 · €725
Working capital
-€7,586▲ 16.1%
2020 · -€9,045
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€8,224--€3,087€1,707€1,584▼ 7.3%
Net result€628--€8,567€725within the sector's middle half€1,459within the sector's middle half▲ 101%
Equity€34,040-€25,473▼ 25.2%€26,198below the sector's middle half▲ 2.8%€27,657within the sector's middle half▲ 5.6%
Total assets€66,123-€63,144▼ 4.5%€123,136below the sector's middle half▲ 95.0%€142,924within the sector's middle half▲ 16.1%
Debt€32,083-€37,671▲ 17.4%€96,938▲ 157%€115,267▲ 18.9%
Working capital-€6,192--€10,490▼ 69.4%-€9,045within the sector's middle half▲ 13.8%-€7,586within the sector's middle half▲ 16.1%
Solvency51.5%-40.3%▼ 11.1pp21.3%within the sector's middle half▼ 19.1pp19.4%within the sector's middle half▼ 1.9pp
Current ratio0.81-0.72▼ 0.090.91within the sector's middle half▲ 0.190.93within the sector's middle half▲ 0.03
Return on assets (ROA)0.9%--13.6%▼ 14.5pp0.6%within the sector's middle half▲ 14.2pp1.0%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 7% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €142,924
Fixed assets
€35,280 =
Current assets
€107,644 ▲ 22.5%
Equity and liabilities €142,924
Equity
€27,657 ▲ 5.6%
Debt
€115,267 ▲ 18.9%
Debt's share of the balance-sheet total rises from 78.7% to 80.6%. Equity and debt are higher.
Key figures and ratios
Debt to equity
4.17▲
2020 · 3.70
ROE
5.3%▲
2020 · 2.8%
Debt ≤ 1 year
€115,230▲
2020 · €96,901
Income taxes
€124▼
2020 · €645
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,045 | €4,619 | €720 | - | - |
| Other operating charges640/8 | - | €2,310 | €2,142 | €834 | ▼ 61.1% |
| Gross operating margin9900 | €14,898 | €3,842 | €4,569 | €2,417 | ▼ 47.1% |
| Operating profit (loss)9901 | €8,224 | -€3,087 | €1,707 | €1,584 | ▼ 7.3% |
| Financial income75/76B | - | €1 | - | - | - |
| Recurring financial income75 | - | €1 | - | - | - |
| Financial charges65/66B | - | €2,892 | €337 | - | - |
| Recurring financial charges65 | €4,304 | €2,892 | €337 | - | - |
| Profit (loss) for the period before taxes9903 | €3,919 | -€5,979 | €1,371 | €1,584 | ▲ 15.5% |
| Income taxes67/77 | €3,291 | €2,589 | €645 | €124 | ▼ 80.7% |
| Profit (loss) for the period9904 | €628 | -€8,567 | €725 | €1,459 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €628 | -€8,567 | €725 | €1,459 | ▲ 101% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €66,123 | €63,144 | €123,136 | €142,924 | ▲ 16.1% |
| Fixed assets21/28 | €40,269 | €36,000 | €35,280 | €35,280 | = |
| Tangible fixed assets22/27 | €5,339 | €720 | - | - | - |
| Plant, machinery and equipment23 | - | €640 | - | - | - |
| Other tangible fixed assets26 | - | €80 | - | - | - |
| Financial fixed assets28 | €34,930 | €35,280 | €35,280 | €35,280 | = |
| Current assets29/58 | €25,854 | €27,144 | €87,856 | €107,644 | ▲ 22.5% |
| Stocks and contracts in progress3 | €2,149 | €2,149 | - | - | - |
| Stocks30/36 | - | €2,149 | - | - | - |
| Amounts receivable within one year40/41 | €20,418 | €20,580 | €83,442 | €103,230 | ▲ 23.7% |
| Trade receivables40 | - | €19,106 | €80,062 | €99,532 | ▲ 24.3% |
| Other amounts receivable41 | - | €1,474 | €3,380 | €3,698 | ▲ 9.4% |
| Cash at bank and in hand54/58 | €3,287 | €4,414 | €4,414 | €4,414 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €66,123 | €63,144 | €123,136 | €142,924 | ▲ 16.1% |
| Equity10/15 | €34,040 | €25,473 | €26,198 | €27,657 | ▲ 5.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €15,440 | €15,440 | €15,440 | €15,440 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €13,580 | €13,580 | €13,580 | = |
| Profit (loss) carried forward14 | - | -€8,567 | -€7,842 | -€6,383 | ▲ 18.6% |
| Amounts payable17/49 | €32,083 | €37,671 | €96,938 | €115,267 | ▲ 18.9% |
| Amounts payable within one year42/48 | €32,046 | €37,634 | €96,901 | €115,230 | ▲ 18.9% |
| Current portion of amounts payable after more than one year42 | - | €777 | €777 | €777 | = |
| Trade debts44 | €21,027 | €35,018 | €64,197 | €69,401 | ▲ 8.1% |
| Suppliers440/4 | - | €35,018 | €64,197 | €69,401 | ▲ 8.1% |
| Taxes, remuneration and social security45 | - | €1,235 | €7,354 | €10,726 | ▲ 45.8% |
| Taxes450/3 | - | €1,235 | €7,354 | €10,726 | ▲ 45.8% |
| Other amounts payable47/48 | - | €604 | €24,573 | €34,327 | ▲ 39.7% |
| Accrued charges and deferred income492/3 | - | €37 | €37 | €37 | = |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €628 | -€8,567 | €725 | €1,459 | ▲ 101% |
| + Depreciation and write-downs630 | €5,045 | €4,619 | €720 | - | - |
| Operating cash flow (approximation) | €5,672 | -€3,948 | €1,446 | €1,459 | ▲ 0.9% |
| Investment in fixed assets (approximation) | - | -€350 | €0 | €0 | - |
| Change in cash | - | €1,127 | €0 | €0 | - |
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
2026
27-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 14-07-2026
2024
26-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 28-03-2024
07-03
Judicial reorganisation
Reorganisation plan revoked
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 27-02-2024
2023
28-06
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 22-06-2023
11-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 30-03-2023
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 333 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 698 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1063 days late
2021
30-09
Financial
Highest result since 2018net €1,459 ▲101%
Net result €1,459, the highest in the series.
2020
30-09
Financial
Back to profitnet €725
Net result €725 after one loss-making year.
2019
30-09
Financial
Weakest financial yearnet -€8,567
Net result drops to -€8,567, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 15 days late
Show earlier events
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
09-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ronse
Ground area
2,694 m²
Building footprint
163 m²
Volume, LiDAR
1,110 m³
Parcel 45041A1305/00N000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041A1305/00N000 | Flanders | 2,694 m² | 1 · 163 m² | 8.4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM DE POOTER Edelareberg 24, 9700 Ouden- Aarde |
28-03-2024 → 14-07-2026 |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2021 list no shareholders, and no other source names one.
Holdings 1
-
49.9%
According to the annual accounts to 30-09-2021 of STRAIGHT ON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-2009
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
62900Other information technology and computer services
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.