O'connect

Active

Private limited companyfounded 20232 yrs activeLeireken 109, 1785 Merchtem, BelgiumKBO/BCE: BE 1000.302.404

O'connect has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €258k and a net result of €92k. Its solvency ranks better than 84% of 313 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2025

93 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency100=

Growth52

Stability82

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €24k at 30 days only on tighter terms

Liquidity ample (current ratio 2.94 against 3.38 in 2024), and 34% 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

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

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

66%

Return on assets

23.6%

Age of the figures

8 mo

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 78

Relative position

BE, all sectors

reference

Sector 78

lower

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

59 d early

2024

52 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema

Equity

€258k▲ 55.5%

2024 · €166k

2024: €166k

2024 → 2025

Total assets

€390k▲ 66.1%

2024 · €235k

2024: €235k

2024 → 2025

Net result

€92k▼ 32.3%

2024 · €136k

2024: €136k

2024 → 2025

Working capital

€257k▲ 56.0%

2024 · €165k

2024: €165k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€166k-€258k▲ 55.5%

Operating result€181k-€123k▼ 32.1%

Net result€136k-€92k▼ 32.3%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 32% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €390k

99.8%

Fixed assets €758▼ 26.3%

Current assets €389k▲ 66.5%

Equity and liabilities €390k

66.0%

34.0%

Equity €258k▲ 55.5%

Debt €133k▲ 91.5%

The debt ratio rises from 29.5% to 34.0%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€123k▼

2024 · €181k

Cash flow

€92k▼

2024 · €136k

Solvency

66.0%▼

2024 · 70.5%

Current ratio

2.94▼

2024 · 3.38

Quick ratio

2.94▼

2024 · 3.38

Debt / equity

0.51▲

2024 · 0.42

ROE

35.7%▼

2024 · 81.9%

ROA

23.6%▼

2024 · 57.8%

Interest coverage

284.28▼

2024 · 581.24

Debt

€133k▲

2024 · €69k

Debt ≤ 1 year

€133k▲

2024 · €69k

Income taxes

€31k▼

2024 · €45k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€235k€390k▲

Fixed assets21/28€1k€758▼

Tangible fixed assets22/27€1k€758▼

Furniture and vehicles24€1k€758▼

Current assets29/58€234k€389k▲

Amounts receivable within one year40/41€28k€53k▲

Trade receivables40€25k€53k▲

Other amounts receivable41€3k€0▼

Cash at bank and in hand54/58€205k€336k▲

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

Equity and liabilities

Total equity and liabilities10/49€235k€390k▲

Equity10/15€166k€258k▲

Contributions10/11€30k€30k=

Reserves13€136k€228k▲

Distributable reserves133€136k€228k▲

Amounts payable17/49€69k€133k▲

Amounts payable within one year42/48€69k€133k▲

Trade debts44€24k€52k▲

Suppliers440/4€24k€52k▲

Taxes, remuneration and social security45€45k€81k▲

Taxes450/3€45k€81k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53€271▲

Other operating charges640/8€1k€400▼

Gross operating margin9900€182k€124k▼

Operating profit (loss)9901€181k€123k▼

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€312€434▲

Recurring financial charges65€312€434▲

Profit (loss) for the period before taxes9903€181k€123k▼

Income taxes67/77€45k€31k▼

Profit (loss) for the period9904€136k€92k▼

Profit (loss) for the period to be appropriated9905€136k€92k▼

Appropriation of the result

Profit (loss) to be appropriated9906€136k€92k▼

Transfer to equity691/2€136k€92k▼

To other reserves6921€136k€92k▼

The notes to these accounts (7 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 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Equity above €200kEq €258k ▲55.5%

2 profitable years in a row build equity to €258k.

09-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

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

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Merchtem · 1 establishment unit since 2023

establishment The establishment unit 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.

Leireken 1091785 Merchtem

Ground area

126 m²

Building footprint

88 m²

Volume, LiDAR

169 m³