Omec
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 7 filings
Turnover
≈ €570,000
Estimated: probably between €480,000 and €1.0m
Total assets
€864,335▲ 82.5%
2024 · €473,480
Net result
€240,610
2024 · -€46,753
Working capital
€245,806
2024 · -€8,549
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€353,611
2025
20192025
Net result
€240,610
2025
highest quarter of the sector
20192025
Equity
€253,561
▲ 20×
2025
highest quarter of the sector
20192025
Total assets
€864,335
▲ 82.5%
2025
highest quarter of the sector
20192025
Debt
€610,774
▲ 32.6%
2025
20192025
Working capital
€245,806
2025
highest quarter of the sector
20192025
Solvency
29.3%
▲ 26.6pp
2025
middle half of the sector
20192025
Current ratio
1.53
▲ 0.57
2025
middle half of the sector
20192025
Return on assets (ROA)
27.8%
▲ 37.7pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€111,520-€66,038▼ 40.8%€54,397▼ 17.6%-€24,658-€43,517▼ 76.5%-€52,237▼ 20.0%€353,611
Net result€88,246-€52,663above the sector's middle half▼ 40.3%€36,819within the sector's middle half▼ 30.1%-€25,379below the sector's middle half-€36,246below the sector's middle half▼ 42.8%-€46,753below the sector's middle half▼ 29.0%€240,610above the sector's middle half
Equity€94,446-€147,109within the sector's middle half▲ 55.8%€121,328within the sector's middle half▼ 17.5%€95,949within the sector's middle half▼ 20.9%€59,704within the sector's middle half▼ 37.8%€12,951below the sector's middle half▼ 78.3%€253,561above the sector's middle half▲ 20×
Total assets€136,182-€206,699within the sector's middle half▲ 51.8%€230,726within the sector's middle half▲ 11.6%€171,751within the sector's middle half▼ 25.6%€450,203within the sector's middle half▲ 162%€473,480above the sector's middle half▲ 5.2%€864,335above the sector's middle half▲ 82.5%
Debt€41,735-€59,590▲ 42.8%€109,398▲ 83.6%€75,801▼ 30.7%€390,499▲ 415%€460,529▲ 17.9%€610,774▲ 32.6%
Working capital€76,323-€127,939above the sector's middle half▲ 67.6%€108,345within the sector's middle half▼ 15.3%€63,770within the sector's middle half▼ 41.1%€16,197within the sector's middle half▼ 74.6%-€8,549below the sector's middle half€245,806above the sector's middle half
Solvency69.4%-71.2%within the sector's middle half▲ 1.8pp52.6%within the sector's middle half▼ 18.6pp55.9%within the sector's middle half▲ 3.3pp13.3%below the sector's middle half▼ 42.6pp2.7%below the sector's middle half▼ 10.5pp29.3%within the sector's middle half▲ 26.6pp
Current ratio2.83-3.15within the sector's middle half▲ 0.321.99within the sector's middle half▼ 1.161.84within the sector's middle half▼ 0.151.05within the sector's middle half▼ 0.790.97below the sector's middle half▼ 0.091.53within the sector's middle half▲ 0.57
Return on assets (ROA)64.8%-25.5%above the sector's middle half▼ 39.3pp16.0%within the sector's middle half▼ 9.5pp-14.8%below the sector's middle half▼ 30.7pp-8.1%below the sector's middle half▲ 6.7pp-9.9%below the sector's middle half▼ 1.8pp27.8%within the sector's middle half▲ 37.7pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €353,611, after a loss of €52,237 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €864,335
Fixed assets
€156,639 ▼ 31.1%
Current assets
€707,696 ▲ 187%
Equity and liabilities €864,335
Equity
€253,561 ▲ 20×
Debt
€610,774 ▲ 32.6%
Debt's share of the balance-sheet total falls from 97.3% to 70.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€399,657▲
2024 · -€30,183
Cash flow
€286,657▲
2024 · -€24,700
Debt to equity
2.41▼
2024 · 35.56
ROE
94.9%▲
2024 · -361.0%
Interest coverage
13.13▲
2024 · -4.14
Debt ≤ 1 year
€461,889▲
2024 · €254,774
Debt > 1 year
€148,885▼
2024 · €205,755
Income taxes
€94,036▲
2024 · €679
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,910 | €110,995 | €218,301 | - |
| Financial fixed assets | - | €20,000 | - | - | - |
| Depreciation and write-downs of the year | €6,188 | €4,713 | €5,587 | €22,053 | €46,047 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €1,080 awarded · €1,440 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €360 |
| 2024 | 1 | €720 | €720 |
| 2023 | 1 | €360 | €360 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,737 | €6,173 | €6,188 | €4,713 | €5,587 | €22,053 | €46,047 | ▲ 109% |
| Other operating charges640/8 | - | - | €1,103 | €3,500 | €844 | €25,842 | €1,087 | ▼ 95.8% |
| Gross operating margin9900 | €117,899 | €74,369 | €61,688 | -€16,445 | -€37,086 | -€4,341 | €400,744 | - |
| Operating profit (loss)9901 | €111,520 | €66,038 | €54,397 | -€24,658 | -€43,517 | -€52,237 | €353,611 | - |
| Financial income75/76B | - | - | €1,575 | €2,584 | €12,109 | €13,446 | €11,476 | ▼ 14.6% |
| Recurring financial income75 | €596 | €2,399 | €1,575 | €2,584 | €12,109 | €13,446 | €11,476 | ▼ 14.6% |
| Financial charges65/66B | - | - | €913 | €1,145 | €4,638 | €7,284 | €30,441 | ▲ 318% |
| Recurring financial charges65 | €107 | €874 | €913 | €1,145 | €4,638 | €7,284 | €30,441 | ▲ 318% |
| Profit (loss) for the period before taxes9903 | €112,009 | €67,563 | €55,059 | -€23,219 | -€36,046 | -€46,075 | €334,647 | - |
| Income taxes67/77 | €23,762 | €14,900 | €18,241 | €2,160 | €199 | €679 | €94,036 | ▲ 139× |
| Profit (loss) for the period9904 | €88,246 | €52,663 | €36,819 | -€25,379 | -€36,246 | -€46,753 | €240,610 | - |
| Profit (loss) for the period to be appropriated9905 | €88,246 | €52,663 | €36,819 | -€25,379 | -€36,246 | -€46,753 | €240,610 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €136,182 | €206,699 | €230,726 | €171,751 | €450,203 | €473,480 | €864,335 | ▲ 82.5% |
| Fixed assets21/28 | €18,124 | €19,170 | €12,983 | €32,180 | €137,588 | €227,255 | €156,639 | ▼ 31.1% |
| Tangible fixed assets22/27 | €18,124 | €19,170 | €12,983 | €12,180 | €117,588 | €207,255 | €156,639 | ▼ 24.4% |
| Plant, machinery and equipment23 | - | - | €1,843 | €4,102 | €4,892 | €3,696 | €1,053 | ▼ 71.5% |
| Furniture and vehicles24 | - | - | €1,256 | €67 | €106,514 | €198,990 | €155,587 | ▼ 21.8% |
| Other tangible fixed assets26 | - | - | €9,883 | €8,011 | €6,181 | €4,569 | - | - |
| Financial fixed assets28 | - | - | - | €20,000 | €20,000 | €20,000 | - | - |
| Current assets29/58 | €118,058 | €187,529 | €217,744 | €139,571 | €312,616 | €246,225 | €707,696 | ▲ 187% |
| Amounts receivable after more than one year29 | - | - | €63,000 | €90,000 | €252,000 | €153,773 | €254,336 | ▲ 65.4% |
| Other amounts receivable291 | - | - | €63,000 | €90,000 | €252,000 | €153,773 | €254,336 | ▲ 65.4% |
| Amounts receivable within one year40/41 | €104,508 | €100,704 | €74,870 | €29,083 | €38,814 | €58,347 | €430,056 | ▲ 637% |
| Trade receivables40 | - | - | €74,809 | €29,083 | €34,898 | €58,347 | €429,811 | ▲ 637% |
| Other amounts receivable41 | - | - | €61 | - | €3,916 | - | €245 | - |
| Current investments50/53 | - | - | - | - | €700 | - | - | - |
| Cash at bank and in hand54/58 | €13,550 | €19,332 | €72,238 | €11,938 | - | €15,797 | €7,779 | ▼ 50.8% |
| Deferred charges and accrued income490/1 | - | - | €7,636 | €8,549 | €21,101 | €18,308 | €15,525 | ▼ 15.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €136,182 | €206,699 | €230,726 | €171,751 | €450,203 | €473,480 | €864,335 | ▲ 82.5% |
| Equity10/15 | €94,446 | €147,109 | €121,328 | €95,949 | €59,704 | €12,951 | €253,561 | ▲ 20× |
| Contributions10/11 | €6,200 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €140,909 | €102,728 | €77,349 | €41,104 | - | €234,961 | - |
| Distributable reserves133 | - | - | €102,728 | €77,349 | €41,104 | - | €234,961 | - |
| Profit (loss) carried forward14 | €88,246 | - | - | - | - | -€5,649 | - | - |
| Amounts payable17/49 | €41,735 | €59,590 | €109,398 | €75,801 | €390,499 | €460,529 | €610,774 | ▲ 32.6% |
| Amounts payable after more than one year17 | - | - | - | - | €80,281 | €205,755 | €148,885 | ▼ 27.6% |
| Financial debts170/4 | - | - | - | - | €80,281 | €205,755 | €148,885 | ▼ 27.6% |
| Amounts payable within one year42/48 | €41,735 | €59,590 | €109,398 | €75,801 | €296,418 | €254,774 | €461,889 | ▲ 81.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €16,295 | €54,575 | €56,870 | ▲ 4.2% |
| Trade debts44 | - | €1,976 | €147 | €2,006 | €1,990 | €3,285 | €3,045 | ▼ 7.3% |
| Suppliers440/4 | - | - | €147 | €2,006 | €1,990 | €3,285 | €3,045 | ▼ 7.3% |
| Taxes, remuneration and social security45 | - | - | €41,837 | €3,242 | €5,151 | €6,864 | €102,903 | ▲ 15× |
| Taxes450/3 | - | - | €41,837 | €3,242 | €2,359 | €6,864 | €102,903 | ▲ 15× |
| Remuneration and social security454/9 | - | - | - | - | €2,792 | - | - | - |
| Other amounts payable47/48 | - | - | €67,414 | €70,553 | €272,982 | €190,050 | €299,071 | ▲ 57.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €13,800 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88,246 | €52,663 | €36,819 | -€25,379 | -€36,246 | -€46,753 | €240,610 | - |
| + Depreciation and write-downs630 | €4,737 | €6,173 | €6,188 | €4,713 | €5,587 | €22,053 | €46,047 | ▲ 109% |
| Operating cash flow (approximation) | €92,983 | €58,836 | €43,006 | -€20,665 | -€30,658 | -€24,700 | €286,657 | - |
| Investment in fixed assets (approximation) | - | -€7,220 | €0 | -€23,910 | -€110,995 | -€111,720 | €24,569 | - |
| Change in cash | - | €5,781 | €52,906 | -€60,300 | - | - | -€8,018 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,684 companies had the same profile as Omec has now. Two years later, 97.3% were still going and 1.3% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
97.3%
was still going
1.2%
stopped otherwise
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Omec itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for Omec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00229663 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00359895 | |
| 31-12-2023 | micro format | 14-07-2024 | 2024-00257724 | |
| 31-12-2022 | micro format | 07-08-2023 | 2023-00322326 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20281585 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-55100534 | |
| 31-12-2019 | micro format | 01-09-2020 | 2020-50500450 |