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Off Course

Active
Private limited company·Algemene bouw van residentiële gebouwen· 2 yrs active
Melkouwen 31 ·2590 Berlaar, Belgium
KBO/BCE: BE 1004.494.881
Watch Print / PDF
Belgian State Gazette acts: 0 of 1 read
Age2 yrs
Real estate1 parcel · 469 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Off Course is 2.3% (moderate). The 2025 annual accounts show equity of €14k and a net result of €9k. Its solvency ranks better than 65% of 109 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-10-2025, 109 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 30-06. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-06-2025 31-01-2026 14-10-2025 109 d early 2025-00544263

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated schema)
EBIT marginNot published (abbreviated schema)
Net result€9k
Working capital€14k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 14-10-2025 with the NBB · fiscal year 2025 · verkort
Sector comparison
Fiscal year 2025 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 38.2% 25.5%
better than 65% of 109 sector peers
Net result €9k €20k
better than 36% of 109 sector peers
Equity €14k €76k
better than 20% of 109 sector peers
Gross operating margin €21k €79k
better than 25% of 109 sector peers
Total assets €37k €311k
better than 7% of 109 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Depositverkort
Revenue-
EBITDA€20k
Net profit€9k
Cash flow€16k
Staff costs-
Income taxes€4k
Dividends-
Total assets€37k
Equity€14k
Debt€23k
of which ≤ 1y€12k
of which > 1y€11k
Working capital€14k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.18
Quick ratio1.73
Working capital ratio37.7%
Solvency38.2%
Debt / equity1.62
Long-term debt ratio0.78
Interest coverage409.14
Gross margin-
Net margin-
ROA24.7%
ROE64.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€37k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€26k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€13k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€37k
Equity 10/15€14k
Contributions / capital 10/11€5k
Reserves 13€9k
Amounts payable 17/49€23k
Amounts payable after one year 17€11k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€21k
Operating result 9901€13k
Financial income 75€217
Financial charges 65€49
Result before taxes 9903€14k
Income taxes 67/77€4k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
86 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Off Course
Melkouwen 31, 2590 BerlaarInstallatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit
since 20242.355.638.268
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area469 m²
Buildings1
Building footprint58 m²
Volume (LiDAR)319 m³
Tallest building5.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12002C0287/00W000 Flanders 469 m² 1 · 58 m² 5.9 m · 2 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health86Profitability100Solvency81Growth-Stability67
84 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 86
Profitability 100
Solvency 81
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 5,403 of the 29,637 companies in this sector. 4,525 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit43223Vervaardiging van ander schrijn- en timmerwerk16230Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Overige technische testen en toetsen71209Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
Legal nameNL Off Course
Registered office
Melkouwen 31
2590 Berlaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.