Summary
OKq SOFTWARE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €17,937 and a net result of €8,686. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 24421 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
What they do
General electrical installation work
NACE 43211
1 site
How big
€102,420turnover 2020
- Equity
- €17,937
- Profit
- €8,686
Financially healthy?
- Bankruptcy chance 12 m
- 0.8%
2020 figures too old to score
Who decides
Accounts 1523 d overdue0 of 3 deeds read
Signals- Annual accounts: weaker financial profile- Higher-failure-rate sector- Higher-failure-rate region+ Lower-risk legal formNo filing for yearsFiled after the deadlineShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability84▲+14
Solvency86▲+20
Growth35▲+13
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2020Solvency, return and age of the figures
Solvency
60.5%
Return on assets
29.3%
Age of the figures
69 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
103 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 96 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2020 · micro…
- Annual accounts filedfiscal year 2019 · micro…
- Weakest financial yearnet €4,899 ▼49.5%
Financials
Fiscal year 2020Turnover €102,420Profit €8,686Solvency 60.5%Liquidity 2.02
Turnover
€102,420▲ 9.5%
2018 - 2020
Net result
€8,686▲ 77.3%
2018 - 2020
Equity
€17,937▲ 93.9%
2018 - 2020
Solvency
60.5%▲ 19.1pp
2018 - 2020
Financials · fiscal year 2020, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€135,010-€93,570▼ 30.7%€102,420▲ 9.5%
Operating result€9,747-€4,870▼ 50.0%€10,024▲ 106%
Net result€9,697-€4,899▼ 49.5%€8,686within the sector's middle half▲ 77.3%
EBIT margin7.2%-5.2%▼ 2.0pp9.8%▲ 4.6pp
Equity€9,697-€9,251▼ 4.6%€17,937below the sector's middle half▲ 93.9%
Total assets€16,238-€22,317▲ 37.4%€29,636below the sector's middle half▲ 32.8%
Debt€6,541-€13,066▲ 99.8%€11,699▼ 10.5%
Working capital€10,122-€7,444▼ 26.5%€11,974within the sector's middle half▲ 60.9%
Solvency59.7%-41.5%▼ 18.3pp60.5%within the sector's middle half▲ 19.1pp
Current ratio3.05-1.57▼ 1.482.02within the sector's middle half▲ 0.45
Return on assets (ROA)59.7%-22.0%▼ 37.8pp29.3%above the sector's middle half▲ 7.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 106% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €29,636
Fixed assets
€5,963 ▲ 230%
Current assets
€23,673 ▲ 15.4%
Equity and liabilities €29,636
Equity
€17,937 ▲ 93.9%
Debt
€11,699 ▼ 10.5%
Debt's share of the balance-sheet total falls from 58.5% to 39.5%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€12,511▲
2019 · €6,390
Cash flow
€11,173▲
2019 · €6,419
ROE
48.4%▼
2019 · 53.0%
Debt ≤ 1 year
€11,699▼
2019 · €13,066
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €135,010 | €93,570 | €102,420 | ▲ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €742 | €1,520 | €2,487 | ▲ 63.6% |
| Gross operating margin9900 | €93,159 | €60,390 | €67,423 | ▲ 11.6% |
| Operating profit (loss)9901 | €9,747 | €4,870 | €10,024 | ▲ 106% |
| Recurring financial income75 | - | - | €90 | - |
| Recurring financial charges65 | €50 | €161 | €1,428 | ▲ 787% |
| Profit (loss) for the period before taxes9903 | €9,697 | €4,899 | €8,686 | ▲ 77.3% |
| Profit (loss) for the period9904 | €9,697 | €4,899 | €8,686 | ▲ 77.3% |
| Profit (loss) for the period to be appropriated9905 | €9,697 | €4,899 | €8,686 | ▲ 77.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €16,238 | €22,317 | €29,636 | ▲ 32.8% |
| Fixed assets21/28 | €1,177 | €1,807 | €5,963 | ▲ 230% |
| Tangible fixed assets22/27 | €935 | €1,565 | €5,722 | ▲ 266% |
| Financial fixed assets28 | €242 | €242 | €241 | ▼ 0.4% |
| Current assets29/58 | €15,061 | €20,510 | €23,673 | ▲ 15.4% |
| Amounts receivable within one year40/41 | €11,724 | €12,709 | €11,764 | ▼ 7.4% |
| Cash at bank and in hand54/58 | €3,337 | €7,801 | €11,909 | ▲ 52.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €16,238 | €22,317 | €29,636 | ▲ 32.8% |
| Equity10/15 | €9,697 | €9,251 | €17,937 | ▲ 93.9% |
| Contributions10/11 | - | €500 | - | - |
| Reserves13 | - | - | €500 | - |
| Profit (loss) carried forward14 | €9,697 | €8,751 | €17,437 | ▲ 99.3% |
| Amounts payable17/49 | €6,541 | €13,066 | €11,699 | ▼ 10.5% |
| Amounts payable after more than one year17 | €1,602 | - | - | - |
| Amounts payable within one year42/48 | €4,939 | €13,066 | €11,699 | ▼ 10.5% |
| Trade debts44 | - | €6,802 | €5,098 | ▼ 25.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,697 | €4,899 | €8,686 | ▲ 77.3% |
| + Depreciation and write-downs630 | €742 | €1,520 | €2,487 | ▲ 63.6% |
| Operating cash flow (approximation) | €10,439 | €6,419 | €11,173 | ▲ 74.1% |
| Investment in fixed assets (approximation) | - | -€2,150 | -€6,643 | ▼ 209% |
| Change in cash | - | €4,464 | €4,108 | ▼ 8.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
A.T. Security
BE 0503.820.077
Dinant · Eq €17,905
Longueville Ets
BE 0793.949.651
Ans · Eq €17,902
ELEC SERVICES
BE 0792.819.503
Tournai · Eq €17,982
Den Elektrieker
BE 0659.920.001
Berlaar · Eq €17,888
MIFA Consult
BE 0773.717.530
Waterloo · Eq €17,870
Of 22,846 companies in this sector we hold annual accounts for 10,344. 6,988 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
4 eventsLatest 28-10-2021
History
Acts, filings and financial milestones
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
31-12
Financial
Weakest financial yearnet €4,899 ▼49.5%
Net result drops to €4,899, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Company details
Limited partnership · founded 29-06-2017Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formLimited partnership
Founded29-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
85599Other education
Contact
E-mail
maxime.sahroui@gmail.comMont-Saint-Guibert
Phone
0495/177562Mont-Saint-Guibert
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677687629
Also
9925:BE0677687629
Registered
23-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2017
Ground area
257 m²
Building footprint
70 m²
Parcel 92021C0293/00W002, Wallonia. Linked by address, not a title deed.
1 establishment unit
OKQ
since 2017unit no. 2.266.180.811
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021C0293/00W002 | Wallonia | 257 m² | 1 · 70 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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