OGHAM
ActiveOGHAM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €17k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+63
Solvency100▲+23
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 12.83 against 2.09 in 2024; short-term debt: 7.7% and cash: 72% of total assets), and 8.8% 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 risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.2%
Return on assets
14.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
20 d late
2023
on the day
2022
81 d early
2021
27 d early
2020
11 d early
2019
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 18.5%
2024 · €94k
2018: €159k
2019: €140k
2020: €135k
2021: €138k
2022: €109k
2023: €107k
2024: €94k
2018 → 2025
Total assets
€122k▼ 32.7%
2024 · €182k
2018: €252k
2019: €206k
2020: €204k
2021: €171k
2022: €122k
2023: €194k
2024: €182k
2018 → 2025
Net result
€17k
2024 · €-13k
2018: €-15k
2019: €-19k
2020: €-5k
2021: €3k
2022: €13k
2023: €-1k
2024: €-13k
2018 → 2025
Working capital
€112k▲ 18.5%
2024 · €94k
2018: €100k
2019: €79k
2020: €62k
2021: €69k
2022: €63k
2023: €88k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€138k-€109k▼ 21.3%€107k▼ 1.4%€94k▼ 12.0%€112k▲ 18.5%
Operating result€5k-€15k▲ 185%€117▼ 99.2%€-14k€19k
Net result€3k-€13k▲ 367%€-1k€-13k▼ 760%€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19k after a loss of €14k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€1k=
Current assets
€121k▼ 32.9%
Equity and liabilities €122k
Equity
€112k▲ 18.5%
Debt
€11k▼ 87.7%
The debt ratio falls from 48.2% to 8.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
91.2%▲
2024 · 51.8%
Current ratio
12.83▲
2024 · 2.09
Quick ratio
12.83▲
2024 · 2.09
Debt / equity
0.10▼
2024 · 0.93
ROE
15.6%▲
2024 · -13.7%
ROA
14.2%▲
2024 · -7.1%
Debt
€11k▼
2024 · €88k
Debt ≤ 1 year
€9k▼
2024 · €86k
Income taxes
€2k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€182k€122k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€0-
Land and buildings22€0-
Financial fixed assets28€1k€1k=
Current assets29/58€181k€121k▼
Amounts receivable within one year40/41€20k€33k▲
Trade receivables40€9k€20k▲
Other amounts receivable41€11k€12k▲
Current investments50/53€0-
Cash at bank and in hand54/58€160k€88k▼
Deferred charges and accrued income490/1€374€487▲
Equity and liabilities
Total equity and liabilities10/49€182k€122k▼
Equity10/15€94k€112k▲
Contributions10/11€20k€20k=
Reserves13€43k€60k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€43k€60k▲
Profit (loss) carried forward14€31k€31k=
Amounts payable17/49€88k€11k▼
Amounts payable within one year42/48€86k€9k▼
Trade debts44€1k€612▼
Suppliers440/4€1k€612▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€82k€3k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€1k€400▼
Non-recurring operating charges66A€21k€0▼
Gross operating margin9900€8k€19k▲
Operating profit (loss)9901€-14k€19k▲
Financial income75/76B€2k€924▼
Recurring financial income75€2k€924▼
Financial charges65/66B€297€312▲
Recurring financial charges65€297€312▲
Profit (loss) for the period before taxes9903€-13k€19k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-13k€17k▲
Profit (loss) for the period to be appropriated9905€-13k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€49k▲
Profit (loss) brought forward from the previous period14P€44k€31k▼
Transfer to equity691/2-€17k
To other reserves6921-€17k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 12.83
Current ratio from 2.09 to 12.83; short-term debt falls from €86k to €9k.
31-12
Financial
Equity above €100kEq €112k ▲18.5%
Equity rises from €94k to €112k.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tournai · 1 establishment unit since 2007
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.
Avenue des Frères Haghe(TOU) 217500 Tournai1 establishment unit
Ogham
since 20072.164.178.678
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2007
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
68121Development of residential building projects
46190Agents in non-specialised wholesale trade
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.