OGK
ActiveSummary
The computed 12-month bankruptcy probability of OGK is 2.7% (moderate). The 2024 annual accounts show equity of €56k and a net result of €5k. Its solvency ranks better than 79% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-22
Solvency98▲+10
Growth52
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.65 against 3.18 in 2023; short-term debt: 27% and cash: 5.8% of total assets), and 27% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
73%
Return on assets
7.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 10.8%
2023 · €50k
2023: €50k
2023 → 2024
Total assets
€76k▼ 4.2%
2023 · €79k
2023: €79k
2023 → 2024
Net result
€5k▼ 87.8%
2023 · €45k
2023: €45k
2023 → 2024
Working capital
€54k▲ 2.7%
2023 · €53k
2023: €53k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€50k-€56k▲ 10.8%
Operating result€57k-€8k▼ 85.9%
Net result€45k-€5k▼ 87.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 86% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€1k ▼ 44.6%
Current assets
€75k ▼ 3.1%
Equity and liabilities €76k
Equity
€56k ▲ 10.8%
Debt
€21k ▼ 29.9%
Debt's share of the balance-sheet total falls from 36.9% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2023 · €59k
Cash flow
€6k▼
2023 · €46k
Current ratio
3.65▲
2023 · 3.18
Debt to equity
0.37▼
2023 · 0.58
ROE
9.8%▼
2023 · 89.0%
ROA
7.1%▼
2023 · 56.2%
Interest coverage
10.70▼
2023 · 42.62
Debt ≤ 1 year
€21k▼
2023 · €24k
Income taxes
€2k▼
2023 · €12k
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 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€76k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€77k€75k▼
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€6k€21k▲
Trade receivables40€5k€17k▲
Other amounts receivable41€585€3k▲
Cash at bank and in hand54/58€21k€4k▼
Equity and liabilities
Total equity and liabilities10/49€79k€76k▼
Equity10/15€50k€56k▲
Contributions10/11€6k€6k=
Reserves13€45k€50k▲
Distributable reserves133€45k€50k▲
Amounts payable17/49€29k€21k▼
Amounts payable within one year42/48€24k€21k▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€14k€14k▲
Taxes450/3€12k€14k▲
Remuneration and social security454/9€2k€370▼
Other amounts payable47/48€4k€1k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€78k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€940▼
Other operating charges640/8€805€1k▲
Gross operating margin9900€60k€10k▼
Operating profit (loss)9901€57k€8k▼
Financial income75/76B€653€105▼
Recurring financial income75€653€105▼
Financial charges65/66B€1k€842▼
Recurring financial charges65€1k€842▼
Profit (loss) for the period before taxes9903€57k€7k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€45k€5k▼
Profit (loss) for the period to be appropriated9905€45k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€5k▼
Transfer to equity691/2€45k€5k▼
To other reserves6921€45k€5k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent · 1 establishment unit since 2022
Ground area
425 m²
Building footprint
105 m²
Volume, LiDAR
536 m³
Parcel 44074B0485/00L000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OGK
since 20222.335.426.933
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074B0485/00L000 | Flanders | 425 m² | 1 · 105 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 579 EUR awarded · 579 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 579 EUR | 579 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesOGK BV42360
Similar companies · same sector, comparable size
WH SOLUTION
BE 0787.261.106
Bilzen-Hoeselt · Eq €55,622
R.S.A. SECURITY ELEC
BE 0534.427.438
Mettet · Eq €55,627
Vonk
BE 0761.371.707
Kontich · Eq €55,562
FY-Telecom
BE 0771.349.542
Lokeren · Eq €55,542
Geudens Elektro
BE 0797.347.522
Schoten · Eq €55,539
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,634 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
Founded13-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.