OBEA
ActiveSummary
The computed 12-month bankruptcy probability of OBEA is 2.1% (moderate). The 2025 annual accounts show equity of €12,722 and a net result of €5,652. Equity has been stable since 2023 (±1.2% per year). Its solvency ranks better than 31% of 9,898 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-01-2023 Normal situation
- Activity
- Other construction installation NACE 43240and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €20,756
- ▼ 3.0%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €5,652
- ▼ 31.0%
- Equity
- €12,722
- ▲ 1.2%
- Total assets
- €44,076
- ▼ 16.8%
Score breakdownraises riskFounded in 2023No registered site in the KBOSize: total assets €44,076lowers riskLiquidity: current ratio 0.56, cash €6,157Show the evidence
Checked score
About 2 in 100 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 43, micro). It does better than 30% of them on solvency, 35% on liquidity, 68% on profitability and 39% 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 3 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 22% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €12,260 | €37,739 | €8,956 |
| Depreciation and write-downs of the year | €3,584 | €10,853 | €11,610 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,584 | €10,853 | €11,610 | ▲ 7.0% |
| Other operating charges640/8 | €149 | €186 | €1,072 | ▲ 476% |
| Gross operating margin9900 | €14,427 | €21,402 | €20,756 | ▼ 3.0% |
| Operating profit (loss)9901 | €10,694 | €10,364 | €8,073 | ▼ 22.1% |
| Financial income75/76B | - | €271 | - | - |
| Recurring financial income75 | - | €271 | - | - |
| Financial charges65/66B | €63 | €1,532 | €1,422 | ▼ 7.2% |
| Recurring financial charges65 | €63 | €1,532 | €1,422 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €10,631 | €9,104 | €6,652 | ▼ 26.9% |
| Income taxes67/77 | €2,205 | €912 | €1,000 | ▲ 9.6% |
| Profit (loss) for the period9904 | €8,426 | €8,191 | €5,652 | ▼ 31.0% |
| Profit (loss) for the period to be appropriated9905 | €8,426 | €8,191 | €5,652 | ▼ 31.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,443 | €52,984 | €44,076 | ▼ 16.8% |
| Fixed assets21/28 | €8,677 | €35,563 | €32,739 | ▼ 7.9% |
| Tangible fixed assets22/27 | €8,677 | €35,563 | €32,739 | ▼ 7.9% |
| Plant, machinery and equipment23 | €6,074 | €4,032 | €1,313 | ▼ 67.4% |
| Furniture and vehicles24 | €2,603 | €31,531 | €31,426 | ▼ 0.3% |
| Current assets29/58 | €15,766 | €17,421 | €11,338 | ▼ 34.9% |
| Amounts receivable within one year40/41 | €9,840 | €9,783 | €4,523 | ▼ 53.8% |
| Trade receivables40 | €9,039 | €4,164 | €4,055 | ▼ 2.6% |
| Other amounts receivable41 | €801 | €5,618 | €468 | ▼ 91.7% |
| Cash at bank and in hand54/58 | €5,847 | €7,493 | €6,157 | ▼ 17.8% |
| Deferred charges and accrued income490/1 | €79 | €145 | €658 | ▲ 352% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,443 | €52,984 | €44,076 | ▼ 16.8% |
| Equity10/15 | €12,426 | €12,570 | €12,722 | ▲ 1.2% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Contributions outside capital11 | €4,000 | €4,000 | €4,000 | = |
| Other1109/19 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €8,426 | €8,426 | €8,426 | = |
| Distributable reserves133 | €8,426 | €8,426 | €8,426 | = |
| Profit (loss) carried forward14 | - | €144 | €295 | ▲ 105% |
| Amounts payable17/49 | €12,016 | €40,413 | €31,354 | ▼ 22.4% |
| Amounts payable after more than one year17 | - | €19,921 | €11,024 | ▼ 44.7% |
| Financial debts170/4 | - | €19,921 | €11,024 | ▼ 44.7% |
| Amounts payable within one year42/48 | €12,016 | €20,492 | €20,330 | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | - | €8,415 | €8,897 | ▲ 5.7% |
| Trade debts44 | €8,077 | €3,480 | €4,853 | ▲ 39.5% |
| Suppliers440/4 | €8,077 | €3,480 | €4,853 | ▲ 39.5% |
| Taxes, remuneration and social security45 | €2,543 | €550 | - | - |
| Taxes450/3 | €2,543 | €550 | - | - |
| Other amounts payable47/48 | €1,396 | €8,047 | €6,580 | ▼ 18.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,426 | €8,191 | €5,652 | ▼ 31.0% |
| + Depreciation and write-downs630 | €3,584 | €10,853 | €11,610 | ▲ 7.0% |
| Operating cash flow (approximation) | €12,010 | €19,044 | €17,262 | ▼ 9.4% |
| Investment in fixed assets (approximation) | - | -€37,739 | -€8,786 | ▲ 76.7% |
| Change in cash | - | €1,646 | -€1,336 | - |
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, 7,976 companies had the same profile as OBEA has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OBEA itself: 2.1% within 12 months.
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 7,976 companies, not a prediction for OBEA. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- KURAOGLU Orhan 100 shares (100%) · €4,000 in cash
Capital transactions
- 26-01-2023 Incorporation · €4,000 · 100 shares
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| KURAJA Orhan |
|
| KURAOGLU Orhan |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, cession entre vifs ou transmission pour cause de mort sans…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 26-01-2023 (in French)
Network & group
OBEA shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of OBEA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-01
Gazette deed
IncorporationStarting capital €4,000 · Appointment: KURAOGLU Orhan (director) · Founder9 points ▸
- Incorporation, 20-01-2023
- Founder, KURAOGLU Orhan (comparant constituant)
- Founding capital, €4,000
- Capital
- General meeting, “comparant réuni” (deed in French)
- Registered office clause, “1082 Berchem-Sainte-Agathe, Avenue du Roi Albert 97” (deed in French)
- Board rule, 1
- Director appointment, KURAOGLU Orhan (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements obligations résultant et toutes activités entreprises au nom et pour compte société en formation” (deed in French)
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
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0797.539.146
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21003A0177/00R013 | Brussels | 267 m² | 1 · 97 m² | 14.9 m · 5 |