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THE ONE

Active
Private limited companyfounded 2017active for 8 yearsMarsveldplein 5, 1050 Elsene, Belgium399 active companies are registered at this addressKBO/BCE: BE 0684.895.620
Summary

The computed 12-month bankruptcy probability of THE ONE is 11.3% (high). The 2024 annual accounts show equity of €61,704 and a net result of -€13,086. Equity is growing by about 61% per year across the filed financial years. Its solvency ranks better than 79% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330Freight transport by road NACE 49410
1 site
Size
€89,862total assets 2024
Equity
€61,704
Loss
-€13,086
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.3%
Structure
Accounts 79 days overdue5 of 12 deeds read
Why 32raises risk1 financial year not filed after the legal deadline; latest accounts 204 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 28-02-2026)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.82, cash €46,584Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 50% of its sector peers (NACE 49, micro)
Financial strength · tick = 2023
Average
Solvency 94-1
equity 68.7% of total assets
Liquidity 87+6
short-term debt 31.3% · cash 51.8%
Profitability 1-86
return on assets -14.6%
Bankruptcy probability, 12 months
11.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,080 companies, NACE 49, micro)
Last 24 months 11-2024: 5.3% 12-2024: 6.5%▲ +1.2 percentage points vs 11-2024 01-2025: 8.6%▲ +2.1 percentage points vs 12-2024 02-2025: 8.6%● unchanged vs 01-2025 03-2025: 8.9%▲ +0.3 percentage points vs 02-2025 04-2025: 8.4%▼ -0.5 percentage points vs 03-2025 05-2025: 5.2%▼ -3.2 percentage points vs 04-2025 06-2025: 5.0%▼ -0.2 percentage points vs 05-2025 07-2025: 4.9%▼ -0.1 percentage points vs 06-2025 08-2025: 6.4%▲ +1.5 percentage points vs 07-2025 09-2025: 7.1%▲ +0.7 percentage points vs 08-2025 10-2025: 11.4%▲ +4.3 percentage points vs 09-2025 11-2025: 10.8%▼ -0.6 percentage points vs 10-2025 12-2025: 12.3%▲ +1.5 percentage points vs 11-2025 01-2026: 14.6%▲ +2.3 percentage points vs 12-2025 02-2026: 21.1%▲ +6.5 percentage points vs 01-2026highest value 03-2026: 9.7%▼ -11.4 percentage points vs 02-2026 04-2026: 4.6%▼ -5.1 percentage points vs 03-2026 05-2026: 4.5%▼ -0.1 percentage points vs 04-2026 06-2026: 4.3%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 4.5%▲ +0.2 percentage points vs 06-2026 08-2026: 6.0%▲ +1.5 percentage points vs 07-2026 09-2026: 6.9%▲ +0.9 percentage points vs 08-2026 10-2026: 11.3%▲ +4.4 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.82, compared with 2.61 in 2023, above the usual 1.5; short-term debt: 31.3% and cash: 51.8% of total assets), and 31.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 79% on solvency, 89% on liquidity, 11% on profitability and 22% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 204 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 28-02-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.82, cash €46,584
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
204 days late
2023
261 days late
2022
56 days late
2021
281 days late
2020
23 days late
2018
146 days 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 (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignations: Ali Al Rikabi (director) and…Appointment: Whitley Kassels (adminstrateur) ·…
  3. Resignation: SAIDI ANNA (director)Share transfer · Shareholding

Key points

  • Caution: Among the weakest 12% on net resultsector median €5,844 · 6,576 companies -€13,086 View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
  • Board changedlatest change 31-10-2025 · 0 in office 1 joined · 2 left View

By topic

Financials

Financial year
2024
Total assets
€89,862
Loss
-€13,086
Solvency
68.7%
Turnover▲ 37.1%
Net result
20182020
Go to Financials

Timeline

Events
14
Since
2019
  1. 18-04-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 03-06-2024Resignation: ALI AHMED HUSSEIN (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
22-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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