OFH
ActiveSummary
The computed 12-month bankruptcy probability of OFH is 1.6% (moderate). For OFH, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€46,419) and a net result of -€19,766. Equity is shrinking by ~65.4% per year across the filed fiscal years. The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability11=
Solvency11▼-6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-14.2%
Return on assets
-6.1%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
3 d late
2021
16 d late
2020
18 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€46,419▼ 74.2%
2022 · -€26,653
Total assets
€325,823▼ 6.0%
2022 · €346,632
Net result
-€19,766▲ 10.6%
2022 · -€22,106
Working capital
-€347,593▼ 0.1%
2022 · -€347,102
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€23,134▼ 3.0%-€22,252▲ 3.8%-€24,754▼ 11.2%-€23,157▲ 6.5%-€20,750▲ 10.4%
Net result-€21,857▼ 3.6%-€21,055▲ 3.7%-€23,633▼ 12.2%-€22,106▲ 6.5%-€19,766▲ 10.6%
Equity€40,141▼ 35.3%€19,085▼ 52.5%-€4,547-€26,653▼ 486%-€46,419▼ 74.2%
Total assets€415,206▼ 5.2%€392,832▼ 5.4%€370,413▼ 5.7%€346,632▼ 6.4%€325,823▼ 6.0%
Debt€354,118▲ 0.1%€354,056=€356,452▲ 0.7%€355,887▼ 0.2%€355,887=
Working capital-€345,357▲ 0.6%-€343,632▲ 0.5%-€345,604▼ 0.6%-€347,102▼ 0.4%-€347,593▼ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20,750 in 2023 against €23,157 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €325,823
Fixed assets
€317,529 ▼ 6.0%
Current assets
€8,294 ▼ 5.6%
Equity and liabilities
Equity-€46,419
Debt€355,887
Equity is negative: debt (€355,887) exceeds the balance-sheet total (€325,823).
Key figures and ratios
EBITDA
-€431▲
2022 · -€1,438
Cash flow
€553▲
2022 · -€388
Solvency
-14.2%▼
2022 · -7.7%
Current ratio
0.02▼
2022 · 0.02
ROA
-6.1%▲
2022 · -6.4%
Interest coverage
-7.18▲
2022 · -23.97
Debt ≤ 1 year
€355,887=
2022 · €355,887
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,308 | €24,037 | €22,842 | €21,718 | €20,319 | ▼ 6.4% |
| Other operating charges640/8 | - | - | €2,352 | €2,331 | €2,865 | ▲ 22.9% |
| Gross operating margin9900 | €4,403 | €4,122 | €440 | €893 | €2,434 | ▲ 173% |
| Operating profit (loss)9901 | -€23,134 | -€22,252 | -€24,754 | -€23,157 | -€20,750 | ▲ 10.4% |
| Financial charges65/66B | - | - | €60 | €60 | €60 | = |
| Recurring financial charges65 | €60 | €60 | €60 | €60 | €60 | = |
| Profit (loss) for the period before taxes9903 | -€23,194 | -€22,312 | -€24,814 | -€23,217 | -€20,810 | ▲ 10.4% |
| Transfer from deferred taxes780 | - | - | €1,181 | €1,111 | €1,044 | ▼ 6.0% |
| Profit (loss) for the period9904 | -€21,857 | -€21,055 | -€23,633 | -€22,106 | -€19,766 | ▲ 10.6% |
| Transfer from tax-exempt reserves789 | - | - | €2,399 | €2,255 | €2,119 | ▼ 6.0% |
| Profit (loss) for the period to be appropriated9905 | -€19,142 | -€18,504 | -€21,234 | -€19,851 | -€17,646 | ▲ 11.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €415,206 | €392,832 | €370,413 | €346,632 | €325,823 | ▼ 6.0% |
| Fixed assets21/28 | €406,445 | €382,408 | €359,566 | €337,848 | €317,529 | ▼ 6.0% |
| Tangible fixed assets22/27 | €406,445 | €382,408 | €359,566 | €337,848 | €317,529 | ▼ 6.0% |
| Land and buildings22 | - | - | €358,119 | €337,296 | €317,529 | ▼ 5.9% |
| Plant, machinery and equipment23 | - | - | €1,447 | €551 | - | - |
| Current assets29/58 | €8,761 | €10,424 | €10,847 | €8,785 | €8,294 | ▼ 5.6% |
| Cash at bank and in hand54/58 | €8,247 | €9,887 | €10,283 | €8,785 | €8,236 | ▼ 6.2% |
| Deferred charges and accrued income490/1 | - | - | €564 | - | €58 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €415,206 | €392,832 | €370,413 | €346,632 | €325,823 | ▼ 6.0% |
| Equity10/15 | €40,141 | €19,085 | -€4,547 | -€26,653 | -€46,419 | ▼ 74.2% |
| Contributions10/11 | €99,200 | €99,200 | €99,200 | €99,200 | €99,200 | = |
| Capital10 | - | - | €99,200 | €99,200 | €99,200 | = |
| Issued capital100 | - | - | €99,200 | €99,200 | €99,200 | = |
| Reserves13 | €55,976 | €53,424 | €51,026 | €48,771 | €46,651 | ▼ 4.3% |
| Tax-exempt reserves132 | - | - | €37,579 | €35,324 | €33,205 | ▼ 6.0% |
| Distributable reserves133 | - | - | €13,447 | €13,447 | €13,447 | = |
| Profit (loss) carried forward14 | -€115,035 | -€133,539 | -€154,773 | -€174,624 | -€192,270 | ▼ 10.1% |
| Provisions and deferred taxes16 | €20,947 | €19,690 | €18,509 | €17,398 | €16,355 | ▼ 6.0% |
| Deferred taxes168 | - | - | €18,509 | €17,398 | €16,355 | ▼ 6.0% |
| Amounts payable17/49 | €354,118 | €354,056 | €356,452 | €355,887 | €355,887 | = |
| Amounts payable within one year42/48 | €354,118 | €354,056 | €356,452 | €355,887 | €355,887 | = |
| Trade debts44 | €544 | €483 | €2,869 | - | - | - |
| Suppliers440/4 | - | - | €2,869 | - | - | - |
| Other amounts payable47/48 | - | - | €353,582 | €355,887 | €355,887 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,857 | -€21,055 | -€23,633 | -€22,106 | -€19,766 | ▲ 10.6% |
| + Depreciation and write-downs630 | €25,308 | €24,037 | €22,842 | €21,718 | €20,319 | ▼ 6.4% |
| Operating cash flow (approximation) | €3,451 | €2,981 | -€791 | -€388 | €553 | ▲ 243% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,640 | €396 | -€1,498 | -€549 | ▲ 63.4% |
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet -€23,633
Net result drops to -€23,633, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
28-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
13-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 135 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2001
Ground area
3,593 m²
Building footprint
368 m²
Volume, LiDAR
1,853 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoekskenstraat(HEU) 22, 9070 Destelbergen
since 20012.093.138.749
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0174/00T000 | Flanders | 3,490 m² | 1 · 313 m² | 6.1 m · 2 fl. |
| 44061B0095/00D003 | Flanders | 103 m² | 1 · 55 m² | 9.8 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.
Company details
Identification
Legal formPublic limited company
Founded29-01-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.