ONCE UPON A TIME...

Active

Private limited companyfounded 200520 yrs activeMarie-Josélaan 94, 2600 Antwerpen, BelgiumKBO/BCE: BE 0876.383.023

ONCE UPON A TIME... has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €209k and a net result of €51k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 58% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

91 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability89▲+2

Solvency91▲+7

Growth78=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €19k at 30 days acceptable

Liquidity ample (current ratio 2.63 against 2.3 in 2023; short-term debt: 34.4% and cash: 43.7% of total assets), and 34.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

59 d early

2023

30 d early

2022

48 d early

2021

34 d early

2020

57 d early

2019

15 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€209k▲ 32.7%

2023 · €157k

2018: €63k 2019: €58k 2020: €73k 2021: €115k 2022: €118k 2023: €157k

2018 → 2024

Total assets

€318k▲ 19.2%

2023 · €267k

2018: €122k 2019: €111k 2020: €156k 2021: €174k 2022: €245k 2023: €267k

2018 → 2024

Net result

€51k▲ 31.0%

2023 · €39k

2018: €-5k 2019: €-6k 2020: €16k 2021: €41k 2022: €35k 2023: €39k

2018 → 2024

Working capital

€178k▲ 28.7%

2023 · €138k

2018: €51k 2019: €46k 2020: €68k 2021: €106k 2022: €106k 2023: €138k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€73k-€115k▲ 56.2%€118k▲ 3.0%€157k▲ 33.2%€209k▲ 32.7%

Operating result€23k-€65k▲ 185%€55k▼ 14.3%€61k▲ 10.3%€80k▲ 31.4%

Net result€16k-€41k▲ 164%€35k▼ 15.3%€39k▲ 12.3%€51k▲ 31.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €318k

10%

90.3%

Fixed assets €31k▲ 38.4%

Current assets €287k▲ 17.4%

Equity and liabilities €318k

65.6%

34.4%

Equity €209k▲ 32.7%

Debt €109k▼ 0.3%

The debt ratio falls from 41.0% to 34.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€86k▲

2023 · €67k

Cash flow

€58k▲

2023 · €45k

Solvency

65.6%▲

2023 · 59.0%

Current ratio

2.63▲

2023 · 2.30

Quick ratio

2.61▲

2023 · 2.27

Debt / equity

0.52▼

2023 · 0.70

ROE

24.6%▼

2023 · 24.9%

ROA

16.2%▲

2023 · 14.7%

Interest coverage

139.67▼

2023 · 290.75

Debt

€109k▼

2023 · €110k

Debt ≤ 1 year

€109k▲

2023 · €106k

Income taxes

€28k▲

2023 · €22k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€267k€318k▲

Fixed assets21/28€22k€31k▲

Tangible fixed assets22/27€16k€24k▲

Plant, machinery and equipment23€4k€2k▼

Furniture and vehicles24€9k€9k▼

Other tangible fixed assets26€2k€13k▲

Financial fixed assets28€7k€7k=

Current assets29/58€245k€287k▲

Stocks and contracts in progress3€3k€2k▼

Stocks30/36€3k€2k▼

Amounts receivable within one year40/41€95k€96k▲

Trade receivables40€94k€78k▼

Other amounts receivable41€941€18k▲

Current investments50/53-€50k

Cash at bank and in hand54/58€147k€139k▼

Deferred charges and accrued income490/1€196€0▼

Equity and liabilities

Total equity and liabilities10/49€267k€318k▲

Equity10/15€157k€209k▲

Contributions10/11€10k€10k=

Reserves13€147k€199k▲

Distributable reserves133€147k€199k▲

Amounts payable17/49€110k€109k▼

Amounts payable within one year42/48€106k€109k▲

Trade debts44€31k€21k▼

Suppliers440/4€31k€21k▼

Taxes, remuneration and social security45€25k€30k▲

Taxes450/3€25k€30k▲

Other amounts payable47/48€51k€59k▲

Accrued charges and deferred income492/3€3k€0▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-744€0▲

Other operating charges640/8€3k€1k▼

Gross operating margin9900€69k€88k▲

Operating profit (loss)9901€61k€80k▲

Financial income75/76B€73€313▲

Recurring financial income75€73€313▲

Financial charges65/66B€231€619▲

Recurring financial charges65€231€619▲

Profit (loss) for the period before taxes9903€61k€80k▲

Income taxes67/77€22k€28k▲

Profit (loss) for the period9904€39k€51k▲

Profit (loss) for the period to be appropriated9905€39k€51k▲

Appropriation of the result

Profit (loss) to be appropriated9906€39k€51k▲

Transfer to equity691/2€39k€51k▲

To other reserves6921€39k€51k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

2025

02-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €51k ▲31%

Operating result €80k, net result €51k, both a record.

31-12

Financial Equity above €200kEq €209k ▲32.7%

5 profitable years in a row build equity to €209k.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €150kEq €157k ▲33.2%

4 profitable years in a row build equity to €157k.

13-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Equity above €100kEq €115k ▲56.2%

2 profitable years in a row build equity to €115k.

04-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €16k

Net result €16k after 2 loss-making years.

16-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

01-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

26-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

02-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 2 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Antwerpen · 2 establishment units since 2005

establishment approximate All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Marie-Josélaan 942600 Antwerpen

Ground area

5.3 ha

Building footprint

5,603 m²

Volume, LiDAR

48,747 m³

3 parcels, Flanders · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Once Upon A Time

Lange Scholiersstraat 12, 2060 AntwerpenNACE 1740201

since 20052.149.951.649

Prins Boudewijnlaan 21, 2550 Kontich

Activities of interior architects

since 20242.360.918.434

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11024B0077/00M000	Flanders	5.2 ha	1 · 5,358 m²	11.5 m · 3 fl.
11805E0437/00W007	Flanders	471 m²	1 · 149 m²	15.1 m · 2 fl.
11303C0233/00L006	Flanders	127 m²	1 · 96 m²	10.3 m · 3 fl.