Financials
- Financial year
- 2025
- Total assets
- €395,897
- Profit
- €34,731
- Solvency
- 33.7%
Total assets▲ 99.5%
Net result
20242025
Octomath
ActiveSummary
Octomath has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,364 and a net result of €34,731. Its solvency ranks better than 38% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Coating of metals
NACE 25510
1 site
Size
€395,897total assets 2025
- Equity
- €133,364
- Profit
- €34,731
Turnover not published (micro format)
Structure
- SCHIETTEKATTE Emmy Pieter RitaDirector
- VERMIESCH GlennDirector
2025 accounts filed 26 days late
Why 70raises riskFounded in 2023Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Profit of €34,731 (financial year 2025)lowers riskLiquidity: current ratio 1.32, cash €91,816Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 61% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Strong
Solvency
59-16
equity 33.7% of total assets
Liquidity
65+30
short-term debt 32.8% · cash 23.2%
Profitability
80-20
return on assets 8.8%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.7%
12-2024: 2.7%● unchanged vs 11-2024
01-2025: 2.9%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 1.6%▼ -1.3 percentage points vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.7%▲ +0.1 percentage points vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 1.7%● unchanged vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.8%▲ +0.1 percentage points vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 2.1%▲ +0.3 percentage points vs 01-2026
03-2026: 0.6%▼ -1.5 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.32, compared with 0.72 in 2024, below the usual 1.5; short-term debt: 32.8% and cash: 23.2% of total assets), and 66.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 36% on solvency, 65% on liquidity, 62% on profitability and 81% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
26 days late
2024
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 23 days after the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €100,000equity €133,364 ▲35.2%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- SCHIETTEKATTE Emmy Pieter RitaDirector
- VERMIESCH GlennDirector
Timeline
- Events
- 4
- Since
- 2023
- Next accounts
- by 31-01-2027
- 24-05-2023Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Coating of metalsNACE 25510
- Founded
- 22-05-2023
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- Second Saturday of December at 14:00
- Purpose
- “De vervaardiging van metalen werkstukken voor rekening van derden door toepassing van…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about Octomath
- What is the company number of Octomath?
- 0801.953.042. In Belgium the VAT number is the company number with BE in front: BE 0801.953.042.
- Where is Octomath based?
- The registered office is at Deinzestraat(O.) 70, 9790 Wortegem-Petegem.Company details
- What does Octomath do?
- According to the KBO register, the main activity is coating of metals (NACE 25510).
- What is the legal form of Octomath?
- Private limited company (BV).
- When was Octomath founded?
- On 22-05-2023.
- Is Octomath still active?
- Yes, Octomath is an active enterprise in the KBO register.
- What is the turnover of Octomath?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Octomath profitable?
- In financial year 2025, Octomath made a profit of €34,731.
- Where can I find the annual accounts of Octomath?
- Octomath filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Octomath due?
- By 31-01-2027, for financial year 2026.Timeline
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