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OJO

Active
Private limited companyfounded 200125 yrs activeArmand Verheydenstraat 26, 3053 Oud-Heverlee, BelgiumKBO/BCE: BE 0473.881.919
Summary

OJO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €318k and a net result of €35k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 1235 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-6
Solvency90▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.78 against 28.4 in 2023; short-term debt: 25.3% and cash: 46.7% of total assets), and 35.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 25 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies more bankruptcies →
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 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d early
2023
48 d early
2022
24 d early
2021
34 d early
2020
59 d early
2019
56 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

Equity
€318k▼ 19.9%
2023 · €396k
2018: €231k 2019: €262k 2020: €299k 2021: €292k 2022: €339k 2023: €396k
2018 → 2024
Total assets
€492k▲ 8.2%
2023 · €455k
2018: €242k 2019: €283k 2020: €331k 2021: €345k 2022: €404k 2023: €455k
2018 → 2024
Net result
€35k▼ 37.8%
2023 · €57k
2018: €25k 2019: €31k 2020: €37k 2021: €56k 2022: €48k 2023: €57k
2018 → 2024
Working capital
€347k▼ 14.3%
2023 · €405k
2018: €210k 2019: €242k 2020: €287k 2021: €236k 2022: €325k 2023: €405k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€299k-€292k▼ 2.5%€339k▲ 16.4%€396k▲ 16.8%€318k▼ 19.9%
Operating result€51k-€76k▲ 50.3%€65k▼ 14.4%€79k▲ 22.1%€50k▼ 37.5%
Net result€37k-€56k▲ 51.1%€48k▼ 15.5%€57k▲ 19.4%€35k▼ 37.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €51k€51kNet result 2020: €37k€37kOperating result 2021: €76k€76kNet result 2021: €56k€56kOperating result 2022: €65k€65kNet result 2022: €48k€48kOperating result 2023: €79k€79kNet result 2023: €57k€57kOperating result 2024: €50k€50kNet result 2024: €35k€35k20202021202220232024€0€20k€40k€60k€80kOperating result 2022: €65k€65kNet result 2022: €48k€48kOperating result 2023: €79k€79kNet result 2023: €57k€57kOperating result 2024: €50k€50kNet result 2024: €35k€35k202220232024
The operating result falls in 2024; 2024 is 38% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €492k
Fixed assets €20k ▼ 41.9%
Current assets €472k ▲ 12.4%
Equity and liabilities €492k
Equity €318k ▼ 19.9%
Debt €175k ▲ 197%
Debt's share of the balance-sheet total rises from 12.9% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€72k
2023 · €102k
Cash flow
€58k
2023 · €80k
Current ratio
3.78
2023 · 28.40
Debt to equity
0.55
2023 · 0.15
ROE
11.2%
2023 · 14.4%
ROA
7.2%
2023 · 12.5%
Interest coverage
228.17
2023 · 333.52
Debt ≤ 1 year
€125k
2023 · €15k
Debt > 1 year
€50k
2023 · €44k
Income taxes
€14k
2023 · €22k
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 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€455k€492k
Fixed assets21/28€35k€20k
Tangible fixed assets22/27€35k€20k
Plant, machinery and equipment23€12k€12k
Furniture and vehicles24€22k€7k
Other tangible fixed assets26€1k€595
Financial fixed assets28€175€175=
Current assets29/58€420k€472k
Amounts receivable after more than one year29€15k€10k
Other amounts receivable291€15k€10k
Amounts receivable within one year40/41€21k€31k
Trade receivables40€16k€25k
Other amounts receivable41€6k€7k
Current investments50/53-€200k
Cash at bank and in hand54/58€382k€230k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€455k€492k
Equity10/15€396k€318k
Contributions10/11€7k€7k=
Reserves13€314k€236k
Distributable reserves133€314k€236k
Profit (loss) carried forward14€75k€76k
Amounts payable17/49€59k€175k
Amounts payable after more than one year17€44k€50k
Other amounts payable178/9€44k€50k
Amounts payable within one year42/48€15k€125k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€9k€8k
Taxes450/3€9k€8k
Other amounts payable47/48€2k€115k
Income statement Code20232024
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k
Other operating charges640/8€1k€1k
Gross operating margin9900€103k€73k
Operating profit (loss)9901€79k€50k
Financial income75/76B€1€48
Recurring financial income75€1€48
Financial charges65/66B€306€316
Recurring financial charges65€306€316
Profit (loss) for the period before taxes9903€79k€49k
Income taxes67/77€22k€14k
Profit (loss) for the period9904€57k€35k
Profit (loss) for the period to be appropriated9905€57k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€132k€111k
Profit (loss) brought forward from the previous period14P€75k€75k
Transfer from equity791/2-€114k
Transfer to equity691/2€57k€35k
To other reserves6921€57k€35k
Profit to be distributed694/7-€114k
Return on contributions (dividend)694-€114k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €57k ▲19.4%
Operating result €79k, net result €57k, both a record.
31-12
Financial Liquidity doublescurrent ratio 28.40
Current ratio from 13.99 to 28.40; short-term debt falls from €25k to €15k.
07-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 13.99
Current ratio from 5.40 to 13.99; short-term debt falls from €54k to €25k.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oud-Heverlee · 1 establishment unit since 2001
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.

Armand Verheydenstraat 263053 Oud-Heverlee
Ground area
2,223 m²
Building footprint
274 m²
Volume, LiDAR
1,000 m³
Parcel 24034C0306/00N000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Armand Verheydenstraat 26, 3053 Oud-Heverlee
Gambling and betting activities
since 20012.100.089.590
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24034C0306/00N000 Flanders 2,223 m² 1 · 274 m² 5.9 m · 1 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.

Similar companies · same sector, comparable size

Of 318 companies in sector 18200 we hold annual accounts for 114. 69 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
Founded22-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
18200Printing and reproduction of recorded media
59120Post-production of films, video and television programmes
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

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