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OK-SERVICE

Active
Private limited company (pre-2019)founded 2012active for 14 yearsOtegemstraat(Z) 17, 8550 Zwevegem, BelgiumKBO/BCE: BE 0845.241.469
Summary

The computed 12-month bankruptcy probability of OK-SERVICE is 4.8% (elevated). The 2024 annual accounts show equity of €20,758 and a net result of €56,026. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 15,490 sector peers (NACE 46, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
1 site
Size
€102,958total assets 2024
Equity
€20,758
Profit
€56,026
Turnover not published (micro format)
Financial health
40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Structure
Accounts 74 days overdue0 of 4 deeds read
Why 40raises riskFigures for financial year 2024 (filed 29-08-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 latelowers riskFounded in 2012Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 67% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Strong
Solvency 45+38
equity 20.2% of total assets
Liquidity 47+1
short-term debt 20.4% · cash 3.1%
Profitability 100+74
return on assets 54.4%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,875 companies, NACE 46, micro)
Last 24 months 11-2024: 3.6% 12-2024: 8.2%▲ +4.6 percentage points vs 11-2024highest value 01-2025: 8.2%● unchanged vs 12-2024highest value 02-2025: 3.6%▼ -4.6 percentage points vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 3.8%▲ +0.2 percentage points vs 03-2025 05-2025: 4.3%▲ +0.5 percentage points vs 04-2025 06-2025: 4.2%▼ -0.1 percentage points vs 05-2025 07-2025: 4.2%● unchanged vs 06-2025 08-2025: 4.9%▲ +0.7 percentage points vs 07-2025 09-2025: 1.3%▼ -3.6 percentage points vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.2%▼ -0.1 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026lowest value 04-2026: 1.4%▲ +0.2 percentage points vs 03-2026 05-2026: 1.6%▲ +0.2 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.5 percentage points vs 07-2026 09-2026: 2.8%▲ +0.7 percentage points vs 08-2026 10-2026: 4.8%▲ +2.0 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 3.25, compared with 1.74 in 2023, above the usual 1.5; short-term debt: 20.4% and cash: 3.1% of total assets), but 79.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 31% on solvency, 46% on liquidity, 95% on profitability and 96% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
30 days late
2022
32 days late
2021
451 days late
2020
31 days late
2019
308 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 147 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €56,026
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Back in profit in 2024after -€9,585 in 2023 €56,026 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View
  • Positive: Among the best 13% on net resultsector median €4,915 · 15,473 companies €56,026 View

By topic

Financials

Financial year
2024
Total assets
€102,958
Profit
€56,026
Solvency
20.2%
Total assets▼ 48.7%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2014
  1. 25-10-2023Annual accounts filed
  2. 01-09-2023Annual accounts filed
  3. 31-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Agents in the wholesale of industrial machinery, ships…NACE 46140
Founded
13-04-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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