Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of OnLineArt is 0.3% (very low). The 2021 annual accounts show equity of €22k and a net result of €-21k. Equity is shrinking by ~13.7% per year across the filed fiscal years. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideAnnual accounts not filed
The financial year that closed on 31-12-2022 was due at the National Bank by 31-07-2023. Nothing is on record today, 1107 days later. 4 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2021, that is 31-07-2022.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | nothing on record | not filed | - |
| 31-12-2021 | 31-07-2022 | 31-08-2022 | 31 d late | 2022-20403111 |
| 31-12-2020 | 31-07-2021 | 27-08-2021 | 27 d late | 2021-56900367 |
| 31-12-2019 | 31-07-2020 | 31-10-2020 | 92 d late | 2020-67000539 |
| 31-12-2018 | 31-07-2019 | 23-09-2019 | 54 d late | 2019-65200367 |
| 31-12-2017 | 31-07-2018 | 29-08-2018 | 29 d late | 2018-52800150 |
| 31-12-2016 | 31-07-2017 | 31-08-2017 | 31 d late | 2017-52700194 |
| 31-12-2015 | 31-07-2016 | 21-09-2016 | 52 d late | 2016-60400497 |
| 31-12-2014 | 31-07-2015 | 31-08-2015 | 31 d late | 2015-56100266 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Annual accounts: weaker financial profile
+No NACE activity registered
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-21k
Working capital€22k-49.0%
Annual accounts & ratios
Source: NBB · 2021Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~13.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€-21k
-
18-21
€26k
-48.6%
18-21
€22k
-49.0%
18-21
€22k
-49.0%
18-21
€100
-59.6%
18-21
€5k
-46.3%
18-21
€5k
-46.3%
18-21
5.75
-4.1%
18-21
5.75
-4.1%
18-21
82.6%
-0.9%
18-21
0.21
-
18-21
-96.1%
-
18-21
-79.4%
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-21k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €26k |
| Equity | €22k |
| Debt | €5k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €22k |
| Employees (FTE) | - |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 5.75 |
| Quick ratio | 5.75 |
| Working capital ratio | 82.6% |
| Solvency | 82.6% |
| Debt / equity | 0.21 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -79.4% |
| ROE | -96.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €26k |
| Current assets | 29/58 | €26k |
| Amounts receivable within one year | 40/41 | €97 |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k |
| Equity | 10/15 | €22k |
| Contributions / capital | 10/11 | €33k |
| Reserves | 13 | €8k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €5k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-21k |
| Operating result | 9901 | €-21k |
| Financial charges | 65 | €70 |
| Result before taxes | 9903 | €-21k |
| Net result for the period | 9904 | €-21k |
| Result to be appropriated | 9905 | €-21k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2021 · computed62
/ 100
Healthy
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2021. Indicative, not credit advice.
Directors
Directors & mandates
27 directorsCurrent directors & mandates
-
Current06-08-2026 → present
-
Current06-08-2026 → present
2 events
- 06-08-2026 Appointed· Vice président
- 06-08-2026 Appointed· Director
-
Current02-01-2026 → present
-
Current17-06-2024 → present
-
Current01-09-2020 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 01-09-2020 Appointed· Director
-
Current28-08-2020 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 28-08-2020 Appointed· Director
-
Current28-08-2020 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 28-08-2020 Appointed· Director
-
Current28-08-2020 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 28-08-2020 Appointed· Director
-
Current28-08-2020 → present
3 events
- 06-08-2026 Appointed· Chair
- 17-06-2024 Mandate renewed· Director
- 28-08-2020 Appointed· Director
-
Current28-08-2020 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 28-08-2020 Appointed· Director
-
Current28-08-2020 → present
-
Current11-09-2015 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 11-09-2015 Appointed· Director
-
Current11-09-2015 → present
2 events
- 17-06-2024 Mandate renewed· Director
- 11-09-2015 Appointed· Director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2015
2 events
- 01-09-2020 Resigned· Director
- 11-09-2015 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2015
Former directors (12)
-
Former- → 06-08-2026
2 events
- 06-08-2026 Resigned· Director
- 06-08-2026 Resigned· Présidente
-
Former01-09-2020 → 06-08-2026
3 events
- 06-08-2026 Resigned· Director
- 17-06-2024 Mandate renewed· Director
- 01-09-2020 Appointed· Director
-
Former21-05-2019 → 04-02-2026
3 events
- 04-02-2026 Resigned· Managing director
- 09-05-2022 Appointed· Managing director
- 21-05-2019 Appointed· Managing director
-
Former- → 01-09-2020
-
Former11-09-2015 → 28-08-2020
2 events
- 28-08-2020 Resigned· Director
- 11-09-2015 Appointed· Director
-
Former11-09-2015 → 28-08-2020
2 events
- 28-08-2020 Resigned· Director
- 11-09-2015 Appointed· Director
-
Former- → 28-08-2020
-
Former11-09-2015 → 28-08-2020
2 events
- 28-08-2020 Resigned· Director
- 11-09-2015 Appointed· Director
-
Former- → 11-09-2015
-
Former- → 11-09-2015
-
Former- → 11-09-2015
-
Former- → 11-09-2015
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Int'l non-profit association(125) |
| Incorporation | 10-07-2002 |
| Status | Active |
| Postal code | 1050 |
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationKoninklijke-Prinsstraat 87, 1050 Elsene
since 20022.296.688.893
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area561 m²
Buildings1
Building footprint315 m²
Volume (LiDAR)4,169 m³
Tallest building20.7 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0356/00E004 | Brussels | 561 m² | 1 · 315 m² | 20.7 m · 5 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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
1 verified actWhat every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
2026
06-08-2026
Board meeting · Director resignation · Director appointment
- Board meeting , 08/07/2026
- Director resignation, Beatriz Panadés Bonacasa (Présidente)
- Director resignation, Beatriz Panadés Bonacasa (administrateur)
- Director resignation, Johanna Dorothée Holthuis (administrateur)
- Director appointment, Javier Gutierrez Vicén (administrateur)
- Director appointment, Carolina Maria Meijer (administrateur)
+2 further facts
Analysis
Snowflake analysis
financial profile on 5 axes59
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
62
Profitability
0
Solvency
100
Growth
32
Stability
100
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameFR | OnLineArt |
Registered office
Koninklijke-Prinsstraat 87
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.