OCCARA
ActiveSummary
OCCARA has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €575,017 and a net result of €44,624. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▲+22
Solvency64▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.75 in 2023; short-term debt: 36.6% and cash: 10.2% of total assets), and 60.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
23 d early
2022
24 d early
2021
16 d early
2020
31 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€575,017▲ 8.4%
2023 · €530,393
Total assets
€1.5m▼ 2.8%
2023 · €1.5m
Net result
€44,624▲ 108%
2023 · €21,436
Working capital
-€125,778▲ 9.4%
2023 · -€138,757
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€57,062▲ 12.6%€60,632▲ 6.3%€63,043▲ 4.0%€93,784▲ 48.8%€89,337▼ 4.7%
Net result€25,882▲ 131%€18,278▼ 29.4%€22,484▲ 23.0%€21,436▼ 4.7%€44,624▲ 108%
Equity€468,195▲ 5.9%€486,473▲ 3.9%€508,957▲ 4.6%€530,393▲ 4.2%€575,017▲ 8.4%
Total assets€1.7m▼ 2.8%€1.7m▼ 0.2%€1.7m▼ 2.6%€1.5m▼ 8.5%€1.5m▼ 2.8%
Debt€1.2m▼ 5.7%€1.2m▼ 1.8%€1.1m▼ 5.5%€980,803▼ 14.2%€894,497▼ 8.8%
Working capital-€439,808▲ 7.0%-€387,314▲ 11.9%-€341,915▲ 11.7%-€138,757▲ 59.4%-€125,778▲ 9.4%
Staff (FTE)1.82▲ 11.1%2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.1m ▼ 4.1%
Current assets
€411,981 ▲ 0.8%
Equity and liabilities €1.5m
Equity
€575,017 ▲ 8.4%
Debt
€894,497 ▼ 8.8%
Debt's share of the balance-sheet total falls from 64.9% to 60.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€187,802▼
2023 · €208,600
Cash flow
€143,090▲
2023 · €136,252
Current ratio
0.77▲
2023 · 0.75
Debt to equity
1.56▼
2023 · 1.85
ROE
7.8%▲
2023 · 4.0%
ROA
3.0%▲
2023 · 1.4%
Interest coverage
6.92▲
2023 · 3.68
Debt ≤ 1 year
€537,758▼
2023 · €547,662
Debt > 1 year
€326,203▼
2023 · €402,609
Income taxes
€18,712▲
2023 · €16,799
Staff costs
€41,981▲
2023 · €35,147
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €243 | - |
| Remuneration, social security and pensions62 | - | - | €17,061 | €35,147 | €41,981 | ▲ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106,155 | €108,993 | €112,237 | €114,816 | €98,466 | ▼ 14.2% |
| Other operating charges640/8 | - | €35,351 | €15,104 | €17,341 | €17,783 | ▲ 2.5% |
| Non-recurring operating charges66A | - | - | - | - | €271 | - |
| Gross operating margin9900 | €188,827 | €204,976 | €207,445 | €261,087 | €247,837 | ▼ 5.1% |
| Operating profit (loss)9901 | €57,062 | €60,632 | €63,043 | €93,784 | €89,337 | ▼ 4.7% |
| Financial income75/76B | - | €949 | €3,263 | €1,113 | €1,147 | ▲ 3.1% |
| Recurring financial income75 | €59 | €949 | €3,263 | €1,113 | €1,147 | ▲ 3.1% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €33,225 | €32,517 | €56,662 | €27,148 | ▼ 52.1% |
| Recurring financial charges65 | €23,675 | €33,225 | €32,517 | €56,662 | €27,148 | ▼ 52.1% |
| Profit (loss) for the period before taxes9903 | €39,382 | €28,356 | €33,788 | €38,235 | €63,336 | ▲ 65.7% |
| Income taxes67/77 | €13,500 | €10,077 | €11,305 | €16,799 | €18,712 | ▲ 11.4% |
| Profit (loss) for the period9904 | €25,882 | €18,278 | €22,484 | €21,436 | €44,624 | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | €25,882 | €18,278 | €22,484 | €21,436 | €44,624 | ▲ 108% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €1.7m | €1.5m | €1.5m | ▼ 2.8% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.2m | €1.1m | €1.1m | ▼ 4.1% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.2m | €1.1m | €1.1m | ▼ 4.1% |
| Land and buildings22 | - | €1.2m | €1.1m | €1.0m | €986,959 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €41,757 | €50,454 | €69,600 | €70,170 | ▲ 0.8% |
| Furniture and vehicles24 | - | €20,851 | €10,338 | €240 | €32 | ▼ 86.7% |
| Financial fixed assets28 | €372 | €372 | €372 | €372 | €372 | = |
| Current assets29/58 | €356,736 | €435,074 | €471,983 | €408,905 | €411,981 | ▲ 0.8% |
| Amounts receivable within one year40/41 | €41,071 | €40,540 | €11,785 | €10,230 | €8,043 | ▼ 21.4% |
| Trade receivables40 | - | €22,114 | €11,625 | €8,254 | €7,634 | ▼ 7.5% |
| Other amounts receivable41 | - | €18,425 | €160 | €1,976 | €410 | ▼ 79.3% |
| Current investments50/53 | - | €250,000 | €250,000 | €234,124 | €249,737 | ▲ 6.7% |
| Cash at bank and in hand54/58 | €312,834 | €142,515 | €208,212 | €160,580 | €150,412 | ▼ 6.3% |
| Deferred charges and accrued income490/1 | - | €2,019 | €1,985 | €3,971 | €3,788 | ▼ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.7m | €1.5m | €1.5m | ▼ 2.8% |
| Equity10/15 | €468,195 | €486,473 | €508,957 | €530,393 | €575,017 | ▲ 8.4% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €364,783 | €383,061 | €405,545 | €426,981 | €471,605 | ▲ 10.5% |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | €376,911 | €399,395 | €420,831 | €465,455 | ▲ 10.6% |
| Profit (loss) carried forward14 | €41,912 | €41,912 | €41,912 | €41,912 | €41,912 | = |
| Amounts payable17/49 | €1.2m | €1.2m | €1.1m | €980,803 | €894,497 | ▼ 8.8% |
| Amounts payable after more than one year17 | €417,412 | €359,581 | €301,116 | €402,609 | €326,203 | ▼ 19.0% |
| Financial debts170/4 | - | €359,581 | €301,116 | €402,609 | €326,203 | ▼ 19.0% |
| Amounts payable within one year42/48 | €796,544 | €822,387 | €813,898 | €547,662 | €537,758 | ▼ 1.8% |
| Current portion of amounts payable after more than one year42 | - | €58,626 | €59,267 | €85,157 | €77,224 | ▼ 9.3% |
| Trade debts44 | €26,456 | €27,181 | €22,978 | €5,296 | €6,650 | ▲ 25.6% |
| Suppliers440/4 | - | €27,181 | €22,978 | €5,296 | €6,650 | ▲ 25.6% |
| Advances received on contracts in progress46 | - | €14,870 | €11,350 | €14,189 | €14,527 | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | €30,256 | €24,534 | €46,321 | €50,261 | ▲ 8.5% |
| Taxes450/3 | - | €30,256 | €19,760 | €35,437 | €40,383 | ▲ 14.0% |
| Remuneration and social security454/9 | - | - | €4,774 | €10,884 | €9,878 | ▼ 9.2% |
| Other amounts payable47/48 | - | €691,454 | €695,768 | €396,699 | €389,097 | ▼ 1.9% |
| Accrued charges and deferred income492/3 | - | €27,981 | €27,843 | €30,532 | €30,536 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,882 | €18,278 | €22,484 | €21,436 | €44,624 | ▲ 108% |
| + Depreciation and write-downs630 | €106,155 | €108,993 | €112,237 | €114,816 | €98,466 | ▼ 14.2% |
| Operating cash flow (approximation) | €132,037 | €127,272 | €134,720 | €136,252 | €143,090 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | -€27,114 | -€30,719 | -€37,276 | -€53,709 | ▼ 44.1% |
| Change in cash | - | -€170,320 | €65,697 | -€47,632 | -€10,168 | ▲ 78.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €44,624 ▲108%
Net result €44,624, the highest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €508,957 ▲4.6%
5 profitable years in a row build equity to €508,957.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €11,216 ▼73.2%
Net result drops to €11,216, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Merbes-le-Château · 2 establishment units since 1998
Ground area
6,397 m²
Building footprint
386 m²
Volume, LiDAR
2,989 m³
2 parcels, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue Edmond Lengrand(MLC) 1 A, 6567 Merbes-le-Château
since 19982.102.229.728
Pont Romain
since 20192.342.235.046
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56054A0138/00K000 | Wallonia | 5,900 m² | 1 · 252 m² | 11.2 m · 3 fl. |
| 56049C0502/00S004 | Wallonia | 496 m² | 1 · 133 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 4,395 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1977
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.