THE ONE
ActiveSummary
The computed 12-month bankruptcy probability of THE ONE is 3.5% (moderate). The 2024 annual accounts show equity of €61,704 and a net result of -€13,086. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 79% of 6719 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability1▼-86
Solvency94▼-1
Growth65▼-17
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.82 against 2.61 in 2023; short-term debt: 31.3% and cash: 51.8% of total assets), and 31.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
68.7%
Return on assets
-14.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-02-2026, 204 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
204 d late
2023
261 d late
2022
56 d late
2021
281 d late
2020
23 d late
2018
146 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 162 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€40,133▲ 37.1%
2018 · €29,276
EBIT margin
12.4%▲ 6.8pp
2018 · 5.6%
Net result
-€13,086
2023 · €15,450
Working capital
€51,144▼ 2.8%
2023 · €52,636
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Turnover€40,133-
Operating result€4,976-€13,934▲ 180%€32,700▲ 135%€29,106▼ 11.0%-€12,400
Net result€5,804within the sector's middle half-€13,371within the sector's middle half▲ 130%€32,533above the sector's middle half▲ 143%€15,450within the sector's middle half▼ 52.5%-€13,086below the sector's middle half
EBIT margin12.4%-
Equity€13,435within the sector's middle half-€26,806within the sector's middle half▲ 99.5%€59,339within the sector's middle half▲ 121%€74,790within the sector's middle half▲ 26.0%€61,704within the sector's middle half▼ 17.5%
Total assets€36,398below the sector's middle half-€41,351within the sector's middle half▲ 13.6%€64,983within the sector's middle half▲ 57.1%€107,541within the sector's middle half▲ 65.5%€89,862within the sector's middle half▼ 16.4%
Debt€22,963-€14,545▼ 36.7%€5,644▼ 61.2%€32,751▲ 480%€28,158▼ 14.0%
Working capital€13,435within the sector's middle half-€8,241within the sector's middle half▼ 38.7%€45,757within the sector's middle half▲ 455%€52,636within the sector's middle half▲ 15.0%€51,144within the sector's middle half▼ 2.8%
Solvency36.9%within the sector's middle half-64.8%within the sector's middle half▲ 27.9pp91.3%above the sector's middle half▲ 26.5pp69.5%above the sector's middle half▼ 21.8pp68.7%above the sector's middle half▼ 0.9pp
Current ratio1.59within the sector's middle half-1.57within the sector's middle half▼ 0.029.11above the sector's middle half▲ 7.542.61above the sector's middle half▼ 6.502.82above the sector's middle half▲ 0.21
Return on assets (ROA)15.9%above the sector's middle half-32.3%above the sector's middle half▲ 16.4pp50.1%above the sector's middle half▲ 17.7pp14.4%within the sector's middle half▼ 35.7pp-14.6%below the sector's middle half▼ 28.9pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 turns negative in 2024: a loss of €12,400 after €29,106 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89,862
Fixed assets
€10,560 ▼ 52.3%
Current assets
€79,302 ▼ 7.1%
Equity and liabilities €89,862
Equity
€61,704 ▼ 17.5%
Debt
€28,158 ▼ 14.0%
Debt's share of the balance-sheet total rises from 30.5% to 31.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€806▼
2023 · €39,194
Cash flow
-€1,492▼
2023 · €25,538
Debt to equity
0.46▲
2023 · 0.44
ROE
-21.2%▼
2023 · 20.7%
Interest coverage
-4.07▼
2023 · 220.80
Debt ≤ 1 year
€28,158▼
2023 · €32,751
Income taxes
€487▼
2023 · €12,733
Staff costs
€991▲
2023 · €532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
9.5%
stopped otherwise
87%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,592 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €40,133 | - | - | - | - | - |
| Non-recurring operating income76A | - | €3,000 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €5,416 | €5,460 | €532 | €991 | ▲ 86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,983 | €4,983 | €10,088 | €11,594 | ▲ 14.9% |
| Other operating charges640/8 | - | €1,412 | €2,648 | €2,559 | €2,938 | ▲ 14.8% |
| Gross operating margin9900 | €5,346 | €25,744 | €45,791 | €42,285 | €3,123 | ▼ 92.6% |
| Operating profit (loss)9901 | €4,976 | €13,934 | €32,700 | €29,106 | -€12,400 | ▼ 143% |
| Financial income75/76B | - | €813 | - | - | - | - |
| Recurring financial income75 | €873 | €813 | - | - | - | - |
| Financial charges65/66B | - | €160 | €167 | €923 | €198 | ▼ 78.5% |
| Recurring financial charges65 | €45 | €160 | €167 | €178 | €198 | ▲ 11.7% |
| Non-recurring financial charges66B | - | - | - | €745 | - | - |
| Profit (loss) for the period before taxes9903 | €5,804 | €14,588 | €32,533 | €28,183 | -€12,598 | ▼ 145% |
| Income taxes67/77 | - | €1,216 | - | €12,733 | €487 | ▼ 96.2% |
| Profit (loss) for the period9904 | €5,804 | €13,371 | €32,533 | €15,450 | -€13,086 | ▼ 185% |
| Profit (loss) for the period to be appropriated9905 | €5,804 | €13,371 | €32,533 | €15,450 | -€13,086 | ▼ 185% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,398 | €41,351 | €64,983 | €107,541 | €89,862 | ▼ 16.4% |
| Fixed assets21/28 | - | €18,565 | €13,583 | €22,154 | €10,560 | ▼ 52.3% |
| Tangible fixed assets22/27 | - | €18,565 | €13,583 | €22,154 | €10,560 | ▼ 52.3% |
| Furniture and vehicles24 | - | €18,565 | €13,583 | €22,154 | €10,560 | ▼ 52.3% |
| Current assets29/58 | €36,398 | €22,786 | €51,400 | €85,387 | €79,302 | ▼ 7.1% |
| Amounts receivable within one year40/41 | €36,001 | €21,540 | €20,338 | €47,235 | €32,719 | ▼ 30.7% |
| Trade receivables40 | - | €11,998 | €8,632 | €15,107 | €7,650 | ▼ 49.4% |
| Other amounts receivable41 | - | €9,541 | €11,706 | €32,128 | €25,069 | ▼ 22.0% |
| Cash at bank and in hand54/58 | €398 | €1,246 | €31,062 | €37,373 | €46,584 | ▲ 24.6% |
| Deferred charges and accrued income490/1 | - | - | - | €778 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,398 | €41,351 | €64,983 | €107,541 | €89,862 | ▼ 16.4% |
| Equity10/15 | €13,435 | €26,806 | €59,339 | €74,790 | €61,704 | ▼ 17.5% |
| Contributions10/11 | - | €4,841 | €4,841 | €4,841 | €4,841 | = |
| Reserves13 | €139 | €139 | €139 | €139 | €139 | = |
| Non-distributable reserves130/1 | - | €139 | €139 | €139 | €139 | = |
| Reserves not available under the articles1311 | - | €139 | €139 | €139 | €139 | = |
| Profit (loss) carried forward14 | €8,455 | €21,826 | €54,359 | €69,810 | €56,724 | ▼ 18.7% |
| Amounts payable17/49 | €22,963 | €14,545 | €5,644 | €32,751 | €28,158 | ▼ 14.0% |
| Amounts payable within one year42/48 | €22,963 | €14,545 | €5,644 | €32,751 | €28,158 | ▼ 14.0% |
| Trade debts44 | €101 | €513 | €4,544 | €15,548 | €12,359 | ▼ 20.5% |
| Suppliers440/4 | - | €513 | €4,544 | €15,548 | €12,359 | ▼ 20.5% |
| Taxes, remuneration and social security45 | - | €14,032 | €1,100 | €8,780 | €3,385 | ▼ 61.4% |
| Taxes450/3 | - | €1,529 | €1,100 | €8,743 | €421 | ▼ 95.2% |
| Remuneration and social security454/9 | - | €12,503 | - | €37 | €2,964 | ▲ 7,913% |
| Other amounts payable47/48 | - | - | - | €8,424 | €12,415 | ▲ 47.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,804 | €13,371 | €32,533 | €15,450 | -€13,086 | ▼ 185% |
| + Depreciation and write-downs630 | - | €4,983 | €4,983 | €10,088 | €11,594 | ▲ 14.9% |
| Operating cash flow (approximation) | €5,804 | €18,354 | €37,516 | €25,538 | -€1,492 | ▼ 106% |
| Investment in fixed assets (approximation) | - | - | €0 | -€18,659 | €0 | ▲ 100% |
| Change in cash | - | €849 | €29,816 | €6,311 | €9,210 | ▲ 45.9% |
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
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 204 days late
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 261 days late
2024
31-12
Financial
Weakest financial yearnet -€13,086
Net result drops to -€13,086, the lowest in the series.
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 281 days late
2022
31-12
Financial
Highest result since 2018net €32,533 ▲143%
Operating result €32,700, net result €32,533, both a record.
31-12
Financial
Liquidity times 6current ratio 9.11
Current ratio from 1.57 to 9.11; short-term debt falls from €14,545 to €5,644.
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 146 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 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, Elsene · 1 establishment unit since 2018
Ground area
3,904 m²
Building footprint
1,483 m²
Volume, LiDAR
99,723 m³
2 parcels, Brussels · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
406
companies at this address
See who is registered here
1 establishment unit
THE ONE
since 20182.272.390.393
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
| 21305B0189/00Z009 | Brussels | 179 m² | 1 · 178 m² | 15.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STYLE PRODUCT
BE 0472.082.667
Braine-l'Alleud · Eq €61,727
TAXI MICKAEL
BE 0835.567.896
Jemeppe-sur-Sambre · Eq €61,824
YELLOW
BE 0873.615.652
Zuienkerke · Eq €61,874
TAXI H BEST SERVICE
BE 0660.709.065
Koekelberg · Eq €61,442
BUS TO BE
BE 0647.910.015
Lobbes · Eq €61,369
Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. 1,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684895620
Also
9925:BE0684895620
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.