O2G
ActiveSummary
O2G has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €31k. Equity is growing by ~57% per year across the filed fiscal years. Its solvency ranks better than 69% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-3
Solvency78▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.78 in 2024; short-term debt: 39.4% and cash: 12.7% of total assets), and 46.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.1%
Return on assets
7.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
57 d late
2023
84 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€207k▲ 17.6%
2024 · €176k
2018: €-50k
2019: €-22k
2020: €7k
2021: €38k
2022: €85k
2023: €136k
2024: €176k
2018 → 2025
Total assets
€390k▲ 3.1%
2024 · €379k
2018: €549
2019: €71k
2020: €84k
2021: €118k
2022: €142k
2023: €296k
2024: €379k
2018 → 2025
Net result
€31k▼ 22.5%
2024 · €40k
2018: €-966
2019: €28k
2020: €29k
2021: €31k
2022: €46k
2023: €51k
2024: €40k
2018 → 2025
Working capital
€178k▲ 43.9%
2024 · €124k
2018: €-5k
2019: €23k
2020: €52k
2021: €73k
2022: €77k
2023: €54k
2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€85k▲ 121%€136k▲ 60.6%€176k▲ 29.3%€207k▲ 17.6%
Operating result€40k-€70k▲ 75.3%€78k▲ 12.5%€55k▼ 30.3%€48k▼ 12.9%
Net result€31k-€46k▲ 48.9%€51k▲ 10.6%€40k▼ 22.4%€31k▼ 22.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €390k
Fixed assets
€59k ▼ 39.2%
Current assets
€332k ▲ 17.6%
Equity and liabilities €390k
Equity
€207k ▲ 17.6%
Debt
€183k ▼ 9.5%
Debt's share of the balance-sheet total falls from 53.5% to 46.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▼
2024 · €92k
Cash flow
€69k▼
2024 · €78k
Current ratio
2.16▲
2024 · 1.78
Debt to equity
0.88▼
2024 · 1.15
ROE
14.9%▼
2024 · 22.7%
ROA
7.9%▼
2024 · 10.5%
Interest coverage
10.84▼
2024 · 24.02
Debt ≤ 1 year
€154k▼
2024 · €158k
Debt > 1 year
€29k▼
2024 · €44k
Income taxes
€19k▼
2024 · €22k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€379k€390k▲
Fixed assets21/28€97k€59k▼
Tangible fixed assets22/27€97k€59k▼
Land and buildings22€1k€178▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€89k€54k▼
Financial fixed assets28€150€150=
Current assets29/58€282k€332k▲
Amounts receivable within one year40/41€214k€282k▲
Trade receivables40€45k€35k▼
Other amounts receivable41€168k€248k▲
Cash at bank and in hand54/58€61k€49k▼
Deferred charges and accrued income490/1€7k€0▼
Equity and liabilities
Total equity and liabilities10/49€379k€390k▲
Equity10/15€176k€207k▲
Contributions10/11€19k€19k=
Reserves13€158k€189k▲
Distributable reserves133€158k€189k▲
Amounts payable17/49€202k€183k▼
Amounts payable after more than one year17€44k€29k▼
Financial debts170/4€44k€29k▼
Amounts payable within one year42/48€158k€154k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€65€48k▲
Suppliers440/4€65€48k▲
Taxes, remuneration and social security45€44k€31k▼
Taxes450/3€44k€31k▼
Other amounts payable47/48€75k€60k▼
Accrued charges and deferred income492/3-€259
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€94k€87k▼
Operating profit (loss)9901€55k€48k▼
Financial income75/76B€11k€10k▼
Recurring financial income75€11k€10k▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€62k€50k▼
Income taxes67/77€22k€19k▼
Profit (loss) for the period9904€40k€31k▼
Profit (loss) for the period to be appropriated9905€40k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€31k▼
Transfer to equity691/2€40k€31k▼
To other reserves6921€40k€31k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €207k ▲17.6%
7 profitable years in a row build equity to €207k.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Equity above €150kEq €176k ▲29.3%
6 profitable years in a row build equity to €176k.
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
31-12
Financial
Highest result since 2018net €51k ▲10.6%
Operating result €78k, net result €51k, both a record.
31-12
Financial
Equity above €100kEq €136k ▲60.6%
5 profitable years in a row build equity to €136k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity times 20current ratio 1.48
Current ratio from 0.07 to 1.48.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Tongeren-Borgloon · 1 establishment unit since 2004
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.
Koninksemstraat 783700 Tongeren-BorgloonGround area
2,287 m²
Building footprint
1,212 m²
Volume, LiDAR
7,598 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ONS TWEEDE GEDACHT
since 20042.134.623.372
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73071C0296/00G000 | Flanders | 1,905 m² | 1 · 1,091 m² | 11.9 m · 2 fl. |
| 73039B0026/00L002 | Flanders | 382 m² | 1 · 121 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DEBO SERVICES
BE 0863.839.537
Malle · Eq €207,111
't Aandeel
BE 0449.769.994
Halle · Eq €207,064
BALCOO
BE 0476.543.875
Leuze-en-Hainaut · Eq €206,946
SeGal+
BE 0662.647.679
Zonhoven · Eq €207,330
DOULOU
BE 0808.139.860
Charleroi · Eq €207,335
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.