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HANDY OTIS

Active
Private limited companyfounded 2024active for 1 yearIsabellalei 52, 2018 Antwerpen, BelgiumKBO/BCE: BE 1018.013.812
Summary

The computed 12-month bankruptcy probability of HANDY OTIS is 2.5% (moderate). The 2024 annual accounts show equity of €9,002 and a net result of €6,002. Its solvency ranks better than 80% of 5,855 sector peers (NACE 81, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General cleaning of buildings
NACE 81210
1 site
Size
€12,678total assets 2024
Equity
€9,002
Profit
€6,002
Turnover not published (micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Accounts 2 days early0 of 1 deed read
Why 54raises riskFigures for financial year 2024 (filed 29-07-2025)Size: total assets €12,678Founded in 2024lowers riskLiquidity: current ratio 3.45, cash €3,000Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 81, micro)
Financial strength
Strong
Solvency 96
equity 71.0% of total assets
Liquidity 68
short-term debt 29.0% · cash 23.7%
Profitability 100
return on assets 47.3%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,673 companies, NACE 81, micro)
Last 24 months 01-2026: 0.6% 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 2.5%▲ +1.0 percentage point vs 09-2026highest value
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 81, micro): better than 81% on solvency, 71% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 11-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-07-2025)
NBB · annual accounts
raises risk · Size: total assets €12,678
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.45, cash €3,000
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 2 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 20% on solvencysector median 41.2% · 5,855 companies 71.0% View
  • Total assets 2024first financial year filed €12,678 View
  • Active since 2024founded 27-12-2024 1 years View

By topic

Financials

Financial year
2024
Total assets
€12,678
Profit
€6,002
Solvency
71.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General cleaning of buildingsNACE 81210
Founded
27-12-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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