Skip to content

OGCS International

Active
Private limited company (pre-2019)founded 201313 yrs activeVorstlaan 90, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0526.916.866
Summary

OGCS International has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €-23k. Equity is growing by ~35.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
51 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency64▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.63 against 1.96 in 2023; short-term debt: 60.7% of total assets), but 60.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
39.3%
Return on assets
-19.3%
Age of the figures
24 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-23k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 20-05-2025, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
20 d late
2023
14 d early
2022
10 d early
2021
3 d early
2020
on the day
2019
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-23k▲ 3.3%
2023 · €-23k
2018: €6k 2019: €19k 2020: €24k 2021: €28k 2022: €35k 2023: €-23k
2018 → 2024
Working capital
€45k▼ 32.8%
2023 · €67k
2018: €-18k 2019: €3k 2020: €26k 2021: €55k 2022: €91k 2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€29k-€57k▲ 94.8%€92k▲ 61.0%€69k▼ 25.4%€46k▼ 32.9%
Operating result€30k-€33k▲ 9.9%€48k▲ 47.4%€-27k€-25k▲ 8.3%
Net result€24k-€28k▲ 14.3%€35k▲ 25.3%€-23k€-23k▲ 3.3%
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €30k€30kNet result 2020: €24k€24kOperating result 2021: €33k€33kNet result 2021: €28k€28kOperating result 2022: €48k€48kNet result 2022: €35k€35kOperating result 2023: €-27k€-27kNet result 2023: €-23k€-23kOperating result 2024: €-25k€-25kNet result 2024: €-23k€-23k20202021202220232024€-40k€-20k€0€20k€40kOperating result 2022: €48k€48kNet result 2022: €35k€35kOperating result 2023: €-27k€-27kNet result 2023: €-23k€-23kOperating result 2024: €-25k€-25kNet result 2024: €-23k€-23k202220232024
The operating result stays negative: a loss of €25k in 2024 against €27k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117k
Fixed assets €1k ▼ 36.1%
Current assets €116k ▼ 14.9%
Equity and liabilities €117k
Equity €46k ▼ 32.9%
Debt €71k ▲ 2.2%
Debt's share of the balance-sheet total rises from 50.3% to 60.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-24k
2023 · €-27k
Cash flow
€-22k
2023 · €-23k
Current ratio
1.63
2023 · 1.96
Debt to equity
1.54
2023 · 1.01
ROE
-49.1%
2023 · -34.0%
ROA
-19.3%
2023 · -16.9%
Interest coverage
-4.53
2023 · -5.63
Debt ≤ 1 year
€71k
2023 · €70k
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 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€138k€117k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€2k€1k
Plant, machinery and equipment23€1k€782
Other tangible fixed assets26€675€506
Current assets29/58€136k€116k
Amounts receivable within one year40/41€135k€116k
Trade receivables40€17k€17k=
Other amounts receivable41€118k€98k
Cash at bank and in hand54/58€1k-
Equity and liabilities
Total equity and liabilities10/49€138k€117k
Equity10/15€69k€46k
Contributions10/11€6k€6k=
Reserves13€35k€35k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€28k€5k
Amounts payable17/49€70k€71k
Amounts payable within one year42/48€70k€71k
Financial debts43€50k€52k
Credit institutions430/8€50k€52k
Trade debts44€1k€384
Suppliers440/4€1k€384
Taxes, remuneration and social security45€19k€19k=
Taxes450/3€19k€19k=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€504€728
Other operating charges640/8€354-
Gross operating margin9900€-26k€-24k
Operating profit (loss)9901€-27k€-25k
Financial income75/76B€9k€8k
Recurring financial income75€9k€8k
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€-23k€-23k
Profit (loss) for the period9904€-23k€-23k
Profit (loss) for the period to be appropriated9905€-23k€-23k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€5k
Profit (loss) brought forward from the previous period14P€51k€28k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
16-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet €-23k ▼167%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
20-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €35k ▲25.3%
Operating result €48k, net result €35k, both a record.
27-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial Liquidity quadruplescurrent ratio 1.03
Current ratio from 0.28 to 1.03.
26-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
11-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 11 days late
2017
24-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
20-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are 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, Watermaal-Bosvoorde · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vorstlaan 901170 Watermaal-Bosvoorde
Ground area
5,381 m²
Building footprint
263 m²
Volume, LiDAR
2,089 m³
2 parcels, Brussels, Flanders · tallest building 19.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OGCS International
Florivalstraat(OTT) 16, 3040 HuldenbergManufacture of furniture
since 20132.218.383.664
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24085B0147/00X000 Flanders 4,744 m² 1 · 158 m² 19.3 m · 2 fl.
21017D0296/00R003 Brussels 637 m² 1 · 105 m² 13.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,663 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2013
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.