Offshore Positioning Systems
ActiveSummary
Offshore Positioning Systems has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €57k. Its solvency ranks better than 50% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+3
Solvency88▲+19
Growth78
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.77 in 2023; short-term debt: 33% and cash: 12.3% of total assets), and 36.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-05-2025, 83 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
83 d early
2023
54 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€88k▲ 179%
2023 · €32k
2023: €32k
2024: €88k▲ +179% vs 2023
2023 → 2024
Total assets
€139k▲ 93.9%
2023 · €72k
2023: €72k
2024: €139k▲ +93.9% vs 2023
2023 → 2024
Net result
€57k▲ 242%
2023 · €17k
2023: €17k
2024: €57k▲ +242% vs 2023
2023 → 2024
Working capital
€8k▼ 57.2%
2023 · €19k
2023: €19k
2024: €8k▼ -57.2% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€32k-€88k▲ 179%
2023: €32k
2024: €88k▲ +179% vs 2023
Operating result€24k-€75k▲ 215%
2023: €24k
2024: €75k▲ +215% vs 2023
Net result€17k-€57k▲ 242%
2023: €17k
2024: €57k▲ +242% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 215% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€85k ▲ 205%
Current assets
€54k ▲ 23.2%
Equity and liabilities €139k
Equity
€88k ▲ 179%
Debt
€51k ▲ 27.1%
Debt's share of the balance-sheet total falls from 56.2% to 36.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93k▲
2023 · €30k
Cash flow
€74k▲
2023 · €23k
Current ratio
1.18▼
2023 · 1.77
Debt to equity
0.58▼
2023 · 1.28
ROE
64.2%▲
2023 · 52.4%
ROA
40.5%▲
2023 · 23.0%
Interest coverage
56.87▲
2023 · 38.81
Debt ≤ 1 year
€46k▲
2023 · €25k
Debt > 1 year
€5k▼
2023 · €16k
Income taxes
€17k▲
2023 · €6k
Staff costs
€4k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€72k€139k▲
Fixed assets21/28€28k€85k▲
Tangible fixed assets22/27€28k€85k▲
Plant, machinery and equipment23€1k€69k▲
Furniture and vehicles24€27k€16k▼
Current assets29/58€44k€54k▲
Amounts receivable within one year40/41€22k€37k▲
Trade receivables40€22k€34k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€21k€17k▼
Deferred charges and accrued income490/1€522€547▲
Equity and liabilities
Total equity and liabilities10/49€72k€139k▲
Equity10/15€32k€88k▲
Contributions10/11€15k€15k=
Reserves13€16k€41k▲
Distributable reserves133€16k€41k▲
Profit (loss) carried forward14€542€32k▲
Amounts payable17/49€40k€51k▲
Amounts payable after more than one year17€16k€5k▼
Financial debts170/4€16k€5k▼
Amounts payable within one year42/48€25k€46k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€11k€24k▲
Taxes450/3€11k€24k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€2k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€18k▲
Other operating charges640/8€295€658▲
Gross operating margin9900€33k€98k▲
Operating profit (loss)9901€24k€75k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€779€2k▲
Recurring financial charges65€779€2k▲
Profit (loss) for the period before taxes9903€23k€73k▲
Income taxes67/77€6k€17k▲
Profit (loss) for the period9904€17k€57k▲
Profit (loss) for the period to be appropriated9905€17k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€57k▲
Profit (loss) brought forward from the previous period14P-€542
Transfer to equity691/2€16k€25k▲
To other reserves6921€16k€25k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €4k | ▲ 112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €18k | ▲ 174% |
| Other operating charges640/8 | €295 | €658 | ▲ 123% |
| Gross operating margin9900 | €33k | €98k | ▲ 199% |
| Operating profit (loss)9901 | €24k | €75k | ▲ 215% |
| Financial income75/76B | €0 | €0 | ▼ 72.7% |
| Recurring financial income75 | €0 | €0 | ▼ 72.7% |
| Financial charges65/66B | €779 | €2k | ▲ 109% |
| Recurring financial charges65 | €779 | €2k | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €23k | €73k | ▲ 219% |
| Income taxes67/77 | €6k | €17k | ▲ 158% |
| Profit (loss) for the period9904 | €17k | €57k | ▲ 242% |
| Profit (loss) for the period to be appropriated9905 | €17k | €57k | ▲ 242% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €72k | €139k | ▲ 93.9% |
| Fixed assets21/28 | €28k | €85k | ▲ 205% |
| Tangible fixed assets22/27 | €28k | €85k | ▲ 205% |
| Plant, machinery and equipment23 | €1k | €69k | ▲ 5,873% |
| Furniture and vehicles24 | €27k | €16k | ▼ 41.1% |
| Current assets29/58 | €44k | €54k | ▲ 23.2% |
| Amounts receivable within one year40/41 | €22k | €37k | ▲ 62.7% |
| Trade receivables40 | €22k | €34k | ▲ 53.6% |
| Other amounts receivable41 | - | €2k | - |
| Cash at bank and in hand54/58 | €21k | €17k | ▼ 18.4% |
| Deferred charges and accrued income490/1 | €522 | €547 | ▲ 4.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €72k | €139k | ▲ 93.9% |
| Equity10/15 | €32k | €88k | ▲ 179% |
| Contributions10/11 | €15k | €15k | = |
| Reserves13 | €16k | €41k | ▲ 156% |
| Distributable reserves133 | €16k | €41k | ▲ 156% |
| Profit (loss) carried forward14 | €542 | €32k | ▲ 5,819% |
| Amounts payable17/49 | €40k | €51k | ▲ 27.1% |
| Amounts payable after more than one year17 | €16k | €5k | ▼ 65.7% |
| Financial debts170/4 | €16k | €5k | ▼ 65.7% |
| Amounts payable within one year42/48 | €25k | €46k | ▲ 85.1% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | ▲ 5.7% |
| Trade debts44 | - | €7k | - |
| Suppliers440/4 | - | €7k | - |
| Taxes, remuneration and social security45 | €11k | €24k | ▲ 128% |
| Taxes450/3 | €11k | €24k | ▲ 128% |
| Other amounts payable47/48 | €5k | €4k | ▼ 5.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €57k | ▲ 242% |
| + Depreciation and write-downs630 | €6k | €18k | ▲ 174% |
| Operating cash flow (approximation) | €23k | €74k | ▲ 223% |
| Investment in fixed assets (approximation) | - | €-75k | - |
| Change in cash | - | €-4k | - |
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
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Ingelmunster · 1 establishment unit since 2023
Ground area
558 m²
Building footprint
104 m²
Volume, LiDAR
513 m³
Parcel 36007D0327/00K000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Offshore Positioning Systems
since 20232.341.497.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007D0327/00K000 | Flanders | 558 m² | 1 · 104 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,573 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
09100Mining support service activities
26510Manufacture of computer, electronic and optical products
62900Other information technology and computer services
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.