ELECTRO OSIIN
InactiveELECTRO OSIIN was declared bankrupt on 25-03-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 07-10-2025, published in the Belgian State Gazette on 14-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d late
2022
66 d late
2021
65 d late
2020
100 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-26k▲ 28.2%
2022 · €-36k
2020: €-43k
2021: €-64k
2022: €-36k
2020 → 2023
Total assets
€17k▲ 3.4%
2022 · €17k
2020: €50k
2021: €25k
2022: €17k
2020 → 2023
Net result
€10k▼ 63.2%
2022 · €28k
2020: €-46k
2021: €-21k
2022: €28k
2020 → 2023
Working capital
€-18k▲ 40.9%
2022 · €-30k
2020: €-46k
2021: €-66k
2022: €-30k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€-43k-€-64k▼ 49.5%€-36k▲ 43.3%€-26k▲ 28.2%
Operating result€-45k-€-19k▲ 57.3%€30k€12k▼ 60.9%
Net result€-46k-€-21k▲ 53.7%€28k€10k▼ 63.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 61% below 2022.
Key figures and ratios
EBITDA
€14k▼
2022 · €37k
Cash flow
€12k▼
2022 · €36k
Solvency
-153.0%▲
2022 · -220.2%
Current ratio
0.49▲
2022 · 0.32
Debt to equity
-1.65▼
2022 · -1.45
ROA
59.9%▼
2022 · 168.5%
Interest coverage
9.34▼
2022 · 19.55
Debt
€43k▼
2022 · €53k
Debt ≤ 1 year
€35k▼
2022 · €45k
Debt > 1 year
€8k=
2022 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€17k€17k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Leasing and similar rights25€2k-
Current assets29/58€14k€17k▲
Amounts receivable within one year40/41€11k€2k▼
Trade receivables40€5k-
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€3k€15k▲
Equity and liabilities
Total equity and liabilities10/49€17k€17k▲
Equity10/15€-36k€-26k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-39k€-29k▲
Amounts payable17/49€53k€43k▼
Amounts payable after more than one year17€8k€8k=
Financial debts170/4€8k€8k=
Amounts payable within one year42/48€45k€35k▼
Current portion of amounts payable after more than one year42€4k€4k=
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€30k€26k▼
Remuneration and social security454/9€30k€26k▼
Other amounts payable47/48€1k€134▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€41k€15k▼
Operating profit (loss)9901€30k€12k▼
Financial income75/76B€47€96▲
Recurring financial income75€47€96▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€28k€10k▼
Profit (loss) for the period9904€28k€10k▼
Profit (loss) for the period to be appropriated9905€28k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-29k▲
Profit (loss) brought forward from the previous period14P€-67k€-39k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · ELECTRO OSIIN BV BROUSTINLAAN 88, 1083 GANSHOREN · event 07-10-2025
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ELECTRO OSIIN BV BROUSTIN- LAAN 88, 1083 GANSHOREN · event 25-03-2025
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 65 days late
2021
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 100 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
25-03-2025 → 07-10-2025 |