OKAY GROUP
ActiveSummary
The computed 12-month bankruptcy probability of OKAY GROUP is 5.1% (elevated). The 2025 annual accounts show equity of €328k and a net result of €64k. Its solvency ranks better than 32% of 1865 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency51▼-1
Growth52
Track record94
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 0.79 in 2024; short-term debt: 74.4% and cash: 8.8% of total assets), and 74.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.6%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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
38 d late
2024
54 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€328k▲ 24.2%
2024 · €264k
2024: €264k
2025: €328k▲ +24.2% vs 2024
2024 → 2025
Total assets
€1.28M▲ 32.9%
2024 · €961k
2024: €961k
2025: €1.28M▲ +32.9% vs 2024
2024 → 2025
Net result
€64k▼ 73.8%
2024 · €244k
2024: €244k
2025: €64k▼ -73.8% vs 2024
2024 → 2025
Working capital
€-27k▲ 82.0%
2024 · €-149k
2024: €-149k
2025: €-27k▲ +82.0% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€264k-€328k▲ 24.2%
2024: €264k
2025: €328k▲ +24.2% vs 2024
Operating result€245k-€68k▼ 72.2%
2024: €245k
2025: €68k▼ -72.2% vs 2024
Net result€244k-€64k▼ 73.8%
2024: €244k
2025: €64k▼ -73.8% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€354k ▼ 14.1%
Current assets
€923k ▲ 68.2%
Equity and liabilities €1.28M
Equity
€328k ▲ 24.2%
Debt
€950k ▲ 36.2%
Debt's share of the balance-sheet total rises from 72.6% to 74.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€162k▼
2024 · €288k
Cash flow
€158k▼
2024 · €287k
Current ratio
0.97▲
2024 · 0.79
Debt to equity
2.90▲
2024 · 2.64
ROE
19.5%▼
2024 · 92.4%
ROA
5.0%▼
2024 · 25.4%
Interest coverage
134.19▼
2024 · 247.78
Debt ≤ 1 year
€950k▲
2024 · €697k
Income taxes
€3k
Staff costs
€632k▲
2024 · €197k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€961k€1.28M▲
Fixed assets21/28€413k€354k▼
Tangible fixed assets22/27€404k€345k▼
Furniture and vehicles24€404k€345k▼
Financial fixed assets28€9k€9k=
Current assets29/58€549k€923k▲
Amounts receivable within one year40/41€449k€811k▲
Trade receivables40€441k€781k▲
Other amounts receivable41€8k€30k▲
Cash at bank and in hand54/58€99k€112k▲
Equity and liabilities
Total equity and liabilities10/49€961k€1.28M▲
Equity10/15€264k€328k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Profit (loss) carried forward14€244k€308k▲
Amounts payable17/49€697k€950k▲
Amounts payable within one year42/48€697k€950k▲
Trade debts44€630k€928k▲
Suppliers440/4€630k€928k▲
Taxes, remuneration and social security45€68k€22k▼
Taxes450/3€67k€22k▼
Remuneration and social security454/9€822-
Income statement
Code20242025
Remuneration, social security and pensions62€197k€632k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€94k▲
Other operating charges640/8€61k€143k▲
Gross operating margin9900€546k€937k▲
Operating profit (loss)9901€245k€68k▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€244k€67k▼
Income taxes67/77-€3k
Profit (loss) for the period9904€244k€64k▼
Profit (loss) for the period to be appropriated9905€244k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€244k€308k▲
Profit (loss) brought forward from the previous period14P-€244k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €197k | €632k | ▲ 221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43k | €94k | ▲ 117% |
| Other operating charges640/8 | €61k | €143k | ▲ 135% |
| Gross operating margin9900 | €546k | €937k | ▲ 71.6% |
| Operating profit (loss)9901 | €245k | €68k | ▼ 72.2% |
| Financial income75/76B | €10 | €0 | ▼ 96.0% |
| Recurring financial income75 | €10 | €0 | ▼ 96.0% |
| Financial charges65/66B | €1k | €1k | ▲ 4.0% |
| Recurring financial charges65 | €1k | €1k | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €244k | €67k | ▼ 72.6% |
| Income taxes67/77 | - | €3k | - |
| Profit (loss) for the period9904 | €244k | €64k | ▼ 73.8% |
| Profit (loss) for the period to be appropriated9905 | €244k | €64k | ▼ 73.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €961k | €1.28M | ▲ 32.9% |
| Fixed assets21/28 | €413k | €354k | ▼ 14.1% |
| Tangible fixed assets22/27 | €404k | €345k | ▼ 14.4% |
| Furniture and vehicles24 | €404k | €345k | ▼ 14.4% |
| Financial fixed assets28 | €9k | €9k | = |
| Current assets29/58 | €549k | €923k | ▲ 68.2% |
| Amounts receivable within one year40/41 | €449k | €811k | ▲ 80.4% |
| Trade receivables40 | €441k | €781k | ▲ 77.0% |
| Other amounts receivable41 | €8k | €30k | ▲ 269% |
| Cash at bank and in hand54/58 | €99k | €112k | ▲ 13.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €961k | €1.28M | ▲ 32.9% |
| Equity10/15 | €264k | €328k | ▲ 24.2% |
| Contributions10/11 | €20k | €20k | = |
| Outside capital11 | €20k | €20k | = |
| Other1109/19 | €20k | €20k | = |
| Profit (loss) carried forward14 | €244k | €308k | ▲ 26.2% |
| Amounts payable17/49 | €697k | €950k | ▲ 36.2% |
| Amounts payable within one year42/48 | €697k | €950k | ▲ 36.2% |
| Trade debts44 | €630k | €928k | ▲ 47.4% |
| Suppliers440/4 | €630k | €928k | ▲ 47.4% |
| Taxes, remuneration and social security45 | €68k | €22k | ▼ 68.1% |
| Taxes450/3 | €67k | €22k | ▼ 67.7% |
| Remuneration and social security454/9 | €822 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €244k | €64k | ▼ 73.8% |
| + Depreciation and write-downs630 | €43k | €94k | ▲ 117% |
| Operating cash flow (approximation) | €287k | €158k | ▼ 45.0% |
| Investment in fixed assets (approximation) | - | €-36k | - |
| Change in cash | - | €13k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 38 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 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, Evere · 1 establishment unit since 2023
Ground area
442 m²
Building footprint
255 m²
Volume, LiDAR
2,783 m³
2 parcels, Brussels · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Groenstraat 86, 1030 Schaarbeek
since 20232.349.502.524
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0187/00G013 | Brussels | 326 m² | 1 · 148 m² | 16.1 m · 4 fl. |
| 21908E0246/00H000 | Brussels | 116 m² | 1 · 108 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 5,753 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Contact
Phone
+32483051929
Phone
0483051929Schaarbeek
Scores and ratios are computed by Checked and are not a credit decision.