OETMAN
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 03-06-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 18% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 6 | 7 |
| full-time | 2 | 4 |
| part-time | 4 | 3 |
| in full-time equivalents | 4.3 | 5.7 |
| Average over the year, in full-time equivalents | 3.5 | 5.7 |
| On a permanent contract | 6 | 7 |
| Joined | 8 | 3 |
| Left | 4 | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €64,009 | €24,828 |
| Financial fixed assets | €13,750 | €0 |
| Depreciation and write-downs of the year | €12,199 | €13,512 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €196,119 | €323,688 | ▲ 65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,199 | €13,512 | ▲ 10.8% |
| Other operating charges640/8 | €62 | €250 | ▲ 303% |
| Gross operating margin9900 | €369,262 | €469,787 | ▲ 27.2% |
| Operating profit (loss)9901 | €160,882 | €132,337 | ▼ 17.7% |
| Financial income75/76B | €1 | €256 | ▲ 316× |
| Recurring financial income75 | €1 | €256 | ▲ 316× |
| Financial charges65/66B | €5,269 | €3,561 | ▼ 32.4% |
| Recurring financial charges65 | €5,104 | €3,561 | ▼ 30.2% |
| Non-recurring financial charges66B | €165 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €155,614 | €129,033 | ▼ 17.1% |
| Income taxes67/77 | €47,011 | €38,860 | ▼ 17.3% |
| Profit (loss) for the period9904 | €108,603 | €90,172 | ▼ 17.0% |
| Profit (loss) for the period to be appropriated9905 | €108,603 | €90,172 | ▼ 17.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €185,806 | €326,375 | ▲ 75.7% |
| Fixed assets21/28 | €65,561 | €76,876 | ▲ 17.3% |
| Tangible fixed assets22/27 | €51,811 | €63,126 | ▲ 21.8% |
| Land and buildings22 | €4,491 | €16,605 | ▲ 270% |
| Plant, machinery and equipment23 | €46,378 | €42,820 | ▼ 7.7% |
| Furniture and vehicles24 | €941 | €3,701 | ▲ 293% |
| Financial fixed assets28 | €13,750 | €13,750 | = |
| Current assets29/58 | €120,245 | €249,499 | ▲ 107% |
| Stocks and contracts in progress3 | €3,561 | €3,830 | ▲ 7.5% |
| Stocks30/36 | €3,561 | €3,830 | ▲ 7.5% |
| Amounts receivable within one year40/41 | €12,014 | €16,191 | ▲ 34.8% |
| Trade receivables40 | €5,418 | €6,827 | ▲ 26.0% |
| Other amounts receivable41 | €6,596 | €9,364 | ▲ 42.0% |
| Cash at bank and in hand54/58 | €103,645 | €223,533 | ▲ 116% |
| Deferred charges and accrued income490/1 | €1,025 | €5,945 | ▲ 480% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €185,806 | €326,375 | ▲ 75.7% |
| Equity10/15 | €113,603 | €203,775 | ▲ 79.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €108,603 | €198,775 | ▲ 83.0% |
| Distributable reserves133 | €108,603 | €198,775 | ▲ 83.0% |
| Amounts payable17/49 | €72,203 | €122,600 | ▲ 69.8% |
| Amounts payable within one year42/48 | €68,738 | €118,350 | ▲ 72.2% |
| Trade debts44 | €9,537 | €11,520 | ▲ 20.8% |
| Suppliers440/4 | €9,537 | €11,520 | ▲ 20.8% |
| Taxes, remuneration and social security45 | €59,201 | €106,830 | ▲ 80.5% |
| Taxes450/3 | €55,507 | €85,878 | ▲ 54.7% |
| Remuneration and social security454/9 | €3,693 | €20,952 | ▲ 467% |
| Accrued charges and deferred income492/3 | €3,465 | €4,250 | ▲ 22.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €108,603 | €90,172 | ▼ 17.0% |
| + Depreciation and write-downs630 | €12,199 | €13,512 | ▲ 10.8% |
| Operating cash flow (approximation) | €120,802 | €103,684 | ▼ 14.2% |
| Investment in fixed assets (approximation) | - | -€24,828 | - |
| Change in cash | - | €119,888 | - |
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, 39,278 companies had the same profile as OETMAN has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OETMAN itself: 0.6% 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 39,278 companies, not a prediction for OETMAN. 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.