O2XYGEN
ActiveO2XYGEN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €951k and a net result of €2k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 2267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-24
Solvency56▼-7
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.49 in 2024), but 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
24.1%
Return on assets
0.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
55 d early
2023
30 d late
2022
53 d late
2021
46 d early
2020
80 d early
2019
25 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€951k▲ 0.2%
2024 · €948k
2018: €354k
2019: €353k
2020: €377k
2021: €370k
2022: €1.14M
2023: €941k
2024: €948k
2018 → 2025
Total assets
€3.94M▲ 10.2%
2024 · €3.58M
2018: €5.60M
2019: €5.24M
2020: €3.78M
2021: €3.22M
2022: €3.85M
2023: €3.77M
2024: €3.58M
2018 → 2025
Net result
€2k▼ 95.7%
2024 · €47k
2018: €30k
2019: €-598
2020: €24k
2021: €-7k
2022: €767k
2023: €-196k
2024: €47k
2018 → 2025
Working capital
€345k▼ 36.2%
2024 · €542k
2018: €-3.05M
2019: €-2.91M
2020: €-2.34M
2021: €-2.37M
2022: €821k
2023: €650k
2024: €542k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€370k-€1.14M▲ 208%€941k▼ 17.3%€948k▲ 0.8%€951k▲ 0.2%
Operating result€89k-€932k▲ 951%€-134k€92k€50k▼ 45.8%
Net result€-7k-€767k€-196k€47k€2k▼ 95.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.94M
Fixed assets
€3.22M▲ 20.6%
Current assets
€720k▼ 20.4%
Equity and liabilities €3.94M
Equity
€951k▲ 0.2%
Debt
€2.99M▲ 13.8%
The debt ratio rises from 73.5% to 75.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€332k▼
2024 · €354k
Cash flow
€285k▼
2024 · €310k
Solvency
24.1%▼
2024 · 26.5%
Current ratio
1.92▼
2024 · 2.49
Quick ratio
1.91▼
2024 · 2.48
Debt / equity
3.15▲
2024 · 2.77
ROE
0.2%▼
2024 · 5.0%
ROA
0.1%▼
2024 · 1.3%
Interest coverage
5.79▼
2024 · 6.44
Debt
€2.99M▲
2024 · €2.63M
Debt ≤ 1 year
€375k▲
2024 · €363k
Debt > 1 year
€2.59M▲
2024 · €2.20M
Income taxes
€2k▼
2024 · €3k
Staff costs
€119k▼
2024 · €120k
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€3.58M€3.94M▲
Fixed assets21/28€2.67M€3.22M▲
Tangible fixed assets22/27€2.67M€3.22M▲
Land and buildings22€2.17M€2.81M▲
Plant, machinery and equipment23€431k€349k▼
Furniture and vehicles24€65k€61k▼
Financial fixed assets28€375€375=
Current assets29/58€905k€720k▼
Stocks and contracts in progress3€6k€4k▼
Stocks30/36€6k€4k▼
Amounts receivable within one year40/41€301k€204k▼
Trade receivables40€35k€1k▼
Other amounts receivable41€266k€203k▼
Current investments50/53-€200k
Cash at bank and in hand54/58€599k€312k▼
Equity and liabilities
Total equity and liabilities10/49€3.58M€3.94M▲
Equity10/15€948k€951k▲
Contributions10/11€59k€59k=
Reserves13€890k€892k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€59k€59k=
Distributable reserves133€826k€828k▲
Amounts payable17/49€2.63M€2.99M▲
Amounts payable after more than one year17€2.20M€2.59M▲
Financial debts170/4€2.18M€2.57M▲
Other amounts payable178/9€19k€19k=
Amounts payable within one year42/48€363k€375k▲
Current portion of amounts payable after more than one year42€218k€255k▲
Trade debts44€58k€94k▲
Suppliers440/4€58k€94k▲
Taxes, remuneration and social security45€43k€22k▼
Taxes450/3€24k€446▼
Remuneration and social security454/9€18k€21k▲
Other amounts payable47/48€45k€5k▼
Accrued charges and deferred income492/3€63k€29k▼
Income statement
Code20242025
Non-recurring operating income76A€21k€6k▼
Remuneration, social security and pensions62€120k€119k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262k€283k▲
Other operating charges640/8€28k€30k▲
Non-recurring operating charges66A-€22k
Gross operating margin9900€502k€503k▲
Operating profit (loss)9901€92k€50k▼
Financial income75/76B€14k€12k▼
Recurring financial income75€14k€12k▼
Financial charges65/66B€55k€57k▲
Recurring financial charges65€55k€57k▲
Profit (loss) for the period before taxes9903€51k€5k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€47k€2k▼
Profit (loss) for the period to be appropriated9905€47k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€2k▼
Transfer to equity691/2€7k€2k▼
To other reserves6921€7k€2k▼
Profit to be distributed694/7€40k-
Directors or managers695€40k-
The notes to these accounts (12 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-196k ▼126%
Net result drops to €-196k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 53 days late
2022
31-12
Financial
Back to profitnet €767k
Net result €767k after one loss-making year.
31-12
Financial
Liquidity times 28current ratio 3.59
Current ratio from 0.13 to 3.59; short-term debt falls from €2.71M to €317k.
31-12
Financial
Equity above €1MEq €1.14M ▲208%
Equity rises from €370k to €1.14M.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Nazareth-De Pinte · 1 establishment unit since 2002
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.
Heirweg 779810 Nazareth-De PinteGround area
3,037 m²
Building footprint
1,621 m²
Volume, LiDAR
8,960 m³
Parcel 44018A0114/00S000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
O2XYGEN
since 20022.096.003.615
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0114/00S000 | Flanders | 3,037 m² | 1 · 1,621 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 3 entries · 18,718 EUR awarded · 18,368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 3 | 18,718 EUR | 18,368 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNazareth-De Pinte2.096.003.615
Similar companies · same sector, comparable size
RESPIRO
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EVRESCO
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BODY FIT
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Innovas
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Schoten · Eq €894k
Of 1,510 companies in sector 93130 we hold annual accounts for 682. 260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-2002
Fiscal year end31-12
Activities, NACEBEL
93130Fitness centres
93210Sports, amusement and recreation activities
93212Sports, amusement and recreation activities
47639Retail sale of other sporting goods
47640Retail trade
52482
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
71406
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.