O & K Construct
ActiveSummary
O & K Construct has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€154,868) and a net result of -€35,860. Equity has been shrinking by about 19% per year since 2018. Its solvency ranks better than 5% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-02-2011 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.196.380.995 1780 Wemmel, since 17-02-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 11-10-2025
Board and ownership
- Claeys Olivier Justin Hélène ChristianDirector · since 17-02-2011
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- -€34,567
- ▼ 214%
- Loss
- €35,860
- ▲ 188%
- Equity
- -€154,868
- ▼ 30.1%
- Total assets
- €3,333
- ▼ 68.8%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€154,868Loss of €35,860, the second in a row (financial year 2025)lowers riskSize: total assets €3,333Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 3% of them on solvency, 33% on liquidity, 4% on profitability and 18% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-02-2026 PDF all 15 filings
Every figure per financial year
The operating result for 2025 is a loss of €35,782, larger than the loss of €12,483 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,637 | €406,417 | €51,955 | €979 | - |
| Depreciation and write-downs of the year | €1,822 | €1,822 | €1,073 | €1,074 | €815 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €681 | €149 | €1,254 | €1,822 | €1,822 | €1,073 | €1,074 | €815 | ▼ 24.1% |
| Other operating charges640/8 | - | - | - | €5,319 | €20 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€12,128 | -€20,722 | €11,952 | -€21,787 | -€9,675 | €9,819 | -€11,022 | -€34,567 | ▼ 214% |
| Operating profit (loss)9901 | -€12,829 | -€20,891 | €10,679 | -€28,928 | -€11,517 | €8,362 | -€12,483 | -€35,782 | ▼ 187% |
| Financial income75/76B | - | - | - | €1 | €1 | €0 | €78 | €27 | ▼ 66.0% |
| Recurring financial income75 | €3 | €0 | €0 | €1 | €1 | €0 | €78 | €27 | ▼ 66.0% |
| Financial charges65/66B | - | - | - | €172 | €6,594 | €16,970 | €65 | €104 | ▲ 61.3% |
| Recurring financial charges65 | €3,199 | €6,681 | €4,451 | €172 | €6,594 | €16,970 | €65 | €104 | ▲ 61.3% |
| Profit (loss) for the period before taxes9903 | -€16,025 | -€27,571 | €6,229 | -€29,099 | -€18,110 | -€8,609 | -€12,469 | -€35,860 | ▼ 188% |
| Income taxes67/77 | €1 | €0 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€16,026 | -€27,571 | €6,229 | -€29,099 | -€18,110 | -€8,609 | -€12,469 | -€35,860 | ▼ 188% |
| Profit (loss) for the period to be appropriated9905 | -€16,026 | -€27,571 | €6,229 | -€29,099 | -€18,110 | -€8,609 | -€12,469 | -€35,860 | ▼ 188% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €157,599 | €419,905 | €67,524 | €32,125 | €412,612 | €16,768 | €10,685 | €3,333 | ▼ 68.8% |
| Fixed assets21/28 | €156,515 | €412,945 | €6,200 | €6,015 | €410,610 | €1,483 | €1,388 | €573 | ▼ 58.7% |
| Tangible fixed assets22/27 | €156,115 | €412,945 | €6,200 | €6,015 | €410,610 | €1,483 | €1,388 | €573 | ▼ 58.7% |
| Land and buildings22 | - | - | - | €1,637 | €408,054 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €4,378 | €2,556 | €1,483 | €1,388 | €573 | ▼ 58.7% |
| Financial fixed assets28 | €400 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €1,084 | €6,959 | €61,325 | €26,110 | €2,002 | €15,285 | €9,298 | €2,760 | ▼ 70.3% |
| Amounts receivable within one year40/41 | €383 | €6,156 | €1,907 | €1,330 | €409 | €667 | €826 | €715 | ▼ 13.4% |
| Other amounts receivable41 | - | - | - | €1,330 | €409 | €667 | €826 | €715 | ▼ 13.4% |
| Cash at bank and in hand54/58 | €701 | €803 | €59,417 | €24,781 | €1,593 | €14,618 | €8,472 | €2,045 | ▼ 75.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €157,599 | €419,905 | €67,524 | €32,125 | €412,612 | €16,768 | €10,685 | €3,333 | ▼ 68.8% |
| Equity10/15 | -€29,380 | -€56,951 | -€50,722 | -€79,821 | -€97,931 | -€106,539 | -€119,009 | -€154,868 | ▼ 30.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €61 | €61 | €61 | €61 | €61 | €61 | €61 | €61 | = |
| Non-distributable reserves130/1 | - | - | - | €61 | €61 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €61 | €61 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €61 | €61 | €61 | = |
| Profit (loss) carried forward14 | -€35,640 | -€63,212 | -€56,983 | -€86,082 | -€104,192 | -€112,800 | -€125,269 | -€161,129 | ▼ 28.6% |
| Amounts payable17/49 | €186,979 | €476,856 | €118,247 | €111,946 | €510,543 | €123,308 | €129,694 | €158,201 | ▲ 22.0% |
| Amounts payable after more than one year17 | €173,311 | €390,000 | - | - | €386,120 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | - | €386,120 | €0 | - | - | - |
| Amounts payable within one year42/48 | €13,668 | €86,856 | €118,247 | €111,946 | €124,423 | €123,308 | €129,694 | €158,201 | ▲ 22.0% |
| Trade debts44 | €121 | €23 | €9,379 | €25 | - | €357 | €173 | €180 | ▲ 4.2% |
| Suppliers440/4 | - | - | - | €25 | - | €357 | €173 | €180 | ▲ 4.2% |
| Other amounts payable47/48 | - | - | - | €111,922 | €124,423 | €122,951 | €129,521 | €158,021 | ▲ 22.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,026 | -€27,571 | €6,229 | -€29,099 | -€18,110 | -€8,609 | -€12,469 | -€35,860 | ▼ 188% |
| + Depreciation and write-downs630 | €681 | €149 | €1,254 | €1,822 | €1,822 | €1,073 | €1,074 | €815 | ▼ 24.1% |
| Operating cash flow (approximation) | -€15,345 | -€27,423 | €7,482 | -€27,277 | -€16,288 | -€7,535 | -€11,395 | -€35,044 | ▼ 208% |
| Investment in fixed assets (approximation) | - | -€256,579 | €405,492 | -€1,637 | -€406,417 | €408,054 | -€979 | €0 | - |
| Change in cash | - | €102 | €58,614 | -€34,636 | -€23,188 | €13,025 | -€6,147 | -€6,426 | ▼ 4.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as O & K Construct has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of O & K Construct itself is lower: 0.2% within 12 months. It rests on far more data about O & K Construct than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for O & K Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-02-2026 | 2026-00037662 | |
| 31-12-2024 | micro format | 16-05-2025 | 2025-00098166 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00171451 | |
| 31-12-2022 | micro format | 13-06-2023 | 2023-00126663 | |
| 31-12-2021 | micro format | 15-06-2022 | 2022-20068349 | |
| 31-12-2020 | micro format | 14-06-2021 | 2021-20000329 | |
| 31-12-2019 | micro format | 08-06-2020 | 2020-15500196 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17700017 | |
| 31-12-2017 | micro format | 21-06-2018 | 2018-20900439 | |
| 31-12-2016 | micro format | 09-06-2017 | 2017-16000060 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Claeys Olivier Justin Hélène Christian |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Artikel 24, recht algemene vergadering om vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding te bepalen”
Articles of association, deed of 26-01-2024 (in Dutch)
Network & group
O & K Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of O & K Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-01
Gazette deed
Company renamed from O & K Construct BVBA to O & K ConstructChange of role: Claeys Olivier Justin Hélène Christian, from manager to director · Declaration · Purpose change13 points ▸
- General meeting, 29-11-2023
- Name change, O & K Construct
- Other provision, “vrijstelling voorlezing verslag, voorzitter ontslagen van lezing te geven van verslag van bestuurder met gedetailleerde motivatie over voorgestelde wijziging va…” (deed in Dutch)
- Declaration, “ontvangst verslag, kopie van verslag ontvangen” (deed in Dutch)
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Director resignation, Claeys Olivier Justin Hélène Christian (manager)
- Director appointment, Claeys Olivier Justin Hélène Christian (director (not named in the articles))
- Director discharge, Claeys Olivier Justin Hélène Christian
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Het beheer en de uitbreiding van haar patrimonium,bestaande uit roerende en onroerende goederen en rechten in de meest ruime zin.
- Alle onroerende transacties verrichten zoals:het verwerven,vervreemden,bouwen,verbouwen,beheren,uitbaten,valoriseren,verkavelen,ordenen,huren en verhuren van onroerende goederen,leasing inclusief
- Optreden als adviseur en coördinator bij de uitvoering van werken in onroerende goederen.
- Alsook uitvoeren van voegwerken,plaatsen van wand- en vloerbedekkingen.
- Alle roerende en onroerende,industriële,commerciële of financiële verrichtingen doorvoeren die in verband staan met haar voorwerp en alle handelingen stellen die rechtstreeks of onrechtstreeks de verwezenlijking ervan kunnen bevorderen.
- Rechtstreeks of onrechtstreeks deelnemen aan werking van andere vennootschappen of bedrijven met zelfde gelijkaardig of verwant voorwerp of die dergelijke activiteit uitoefenen.
- Haar voorwerp verwezenlijken,zowel in België als buitenland,op alle wijzen en manieren die zij best geschikt acht.
- Een aandeel nemen bij wijze van inbreng,afstand,fusie,inschrijving,participaties,financiële tussenkomst of anderszins,in alle vennootschappen,ondernemingen,verrichtingen,met gelijkaardig voorwerp of van aard de verwezenlijking van haar voorwerp te begunstigen.
- De functie van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- Borg verstrekken voor derden in het raam van haar voorwerp
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22005A0010/00C003 | Flanders | 1,485 m² | 1 · 217 m² | 8.7 m · 2 |