OQP
ActiveSummary
OQP has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €31k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+2
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.75 against 3.28 in 2024; short-term debt: 11.6% and cash: 43.4% of total assets), and 15% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
85%
Return on assets
8.3%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-10-2025, 6 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
6 d early
2024
39 d early
2023
30 d early
2022
2 d early
2021
12 d early
2020
18 d early
2019
54 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€315k▲ 6.2%
2024 · €297k
2019: €226klowest in 7 years
2020: €237k▲ +5.0% vs 2019
2021: €276k▲ +16.3% vs 2020
2022: €296k▲ +7.2% vs 2021
2023: €297k▲ +0.2% vs 2022
2024: €297k● +0.0% vs 2023
2025: €315k▲ +6.2% vs 2024highest in 7 years
2019 → 2025
Total assets
€371k▲ 0.6%
2024 · €369k
2019: €297klowest in 7 years
2020: €309k▲ +4.0% vs 2019
2021: €330k▲ +6.6% vs 2020
2022: €375k▲ +13.7% vs 2021
2023: €386k▲ +3.1% vs 2022highest in 7 years
2024: €369k▼ -4.6% vs 2023
2025: €371k▲ +0.6% vs 2024
2019 → 2025
Net result
€31k▲ 28.3%
2024 · €24k
2019: €27k
2020: €11k▼ -57.7% vs 2019lowest in 7 years
2021: €39k▲ +242% vs 2020
2022: €45k▲ +16.0% vs 2021highest in 7 years
2023: €25k▼ -45.2% vs 2022
2024: €24k▼ -2.1% vs 2023
2025: €31k▲ +28.3% vs 2024
2019 → 2025
Working capital
€162k▲ 24.7%
2024 · €130k
2019: €-25klowest in 7 years
2020: €14k▲ +154% vs 2019
2021: €80k▲ +487% vs 2020
2022: €116k▲ +44.4% vs 2021
2023: €112k▼ -3.3% vs 2022
2024: €130k▲ +16.0% vs 2023
2025: €162k▲ +24.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€276k-€296k▲ 7.2%€297k▲ 0.2%€297k=€315k▲ 6.2%
2021: €276klowest in 5 years
2022: €296k▲ +7.2% vs 2021
2023: €297k▲ +0.2% vs 2022
2024: €297k● +0.0% vs 2023
2025: €315k▲ +6.2% vs 2024highest in 5 years
Operating result€58k-€62k▲ 7.5%€31k▼ 49.6%€33k▲ 6.5%€44k▲ 31.1%
2021: €58k
2022: €62k▲ +7.5% vs 2021highest in 5 years
2023: €31k▼ -49.6% vs 2022lowest in 5 years
2024: €33k▲ +6.5% vs 2023
2025: €44k▲ +31.1% vs 2024
Net result€39k-€45k▲ 16.0%€25k▼ 45.2%€24k▼ 2.1%€31k▲ 28.3%
2021: €39k
2022: €45k▲ +16.0% vs 2021highest in 5 years
2023: €25k▼ -45.2% vs 2022
2024: €24k▼ -2.1% vs 2023lowest in 5 years
2025: €31k▲ +28.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€166k ▼ 8.9%
Current assets
€205k ▲ 9.7%
Equity and liabilities €371k
Equity
€315k ▲ 6.2%
Debt
€56k ▼ 22.7%
Debt's share of the balance-sheet total falls from 19.5% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▼
2024 · €67k
Cash flow
€52k▼
2024 · €57k
Current ratio
4.75▲
2024 · 3.28
Quick ratio
4.71▲
2024 · 3.24
Debt to equity
0.18▼
2024 · 0.24
ROE
9.8%▲
2024 · 8.1%
ROA
8.3%▲
2024 · 6.5%
Interest coverage
43.79▲
2024 · 41.03
Debt ≤ 1 year
€43k▼
2024 · €57k
Debt > 1 year
€9k▼
2024 · €14k
Income taxes
€12k▲
2024 · €9k
Staff costs
€112k▼
2024 · €113k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€369k€371k▲
Fixed assets21/28€182k€166k▼
Intangible fixed assets21€131k€124k▼
Tangible fixed assets22/27€50k€42k▼
Land and buildings22€2k€6k▲
Plant, machinery and equipment23€18k€15k▼
Furniture and vehicles24€30k€20k▼
Current assets29/58€187k€205k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€45k€40k▼
Trade receivables40€35k€37k▲
Other amounts receivable41€10k€2k▼
Cash at bank and in hand54/58€132k€161k▲
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€369k€371k▲
Equity10/15€297k€315k▲
Contributions10/11€187k€187k=
Reserves13€110k€129k▲
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€95k€114k▲
Amounts payable17/49€72k€56k▼
Amounts payable after more than one year17€14k€9k▼
Financial debts170/4€14k€9k▼
Amounts payable within one year42/48€57k€43k▼
Current portion of amounts payable after more than one year42€11k€5k▼
Trade debts44€9k€15k▲
Suppliers440/4€9k€15k▲
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€24k€13k▼
Accrued charges and deferred income492/3€802€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€113k€112k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€21k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€183k€180k▼
Operating profit (loss)9901€33k€44k▲
Financial income75/76B€1k€625▼
Recurring financial income75€1k€625▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€33k€43k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€24k€31k▲
Profit (loss) for the period to be appropriated9905€24k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€31k▲
Transfer to equity691/2€97€18k▲
To other reserves6921€97€18k▲
Profit to be distributed694/7€24k€13k▼
Return on contributions (dividend)694€24k€13k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €112k | €152k | €113k | €112k | ▼ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €32k | €29k | €33k | €21k | ▼ 36.5% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €3k | ▲ 3.6% |
| Gross operating margin9900 | €183k | €208k | €214k | €183k | €180k | ▼ 1.4% |
| Operating profit (loss)9901 | €58k | €62k | €31k | €33k | €44k | ▲ 31.1% |
| Financial income75/76B | - | €345 | €1k | €1k | €625 | ▼ 49.1% |
| Recurring financial income75 | €18 | €345 | €1k | €1k | €625 | ▼ 49.1% |
| Financial charges65/66B | - | €1k | €2k | €2k | €1k | ▼ 8.9% |
| Recurring financial charges65 | €2k | €1k | €2k | €2k | €1k | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €56k | €61k | €31k | €33k | €43k | ▲ 30.1% |
| Income taxes67/77 | €17k | €16k | €6k | €9k | €12k | ▲ 35.1% |
| Profit (loss) for the period9904 | €39k | €45k | €25k | €24k | €31k | ▲ 28.3% |
| Profit (loss) for the period to be appropriated9905 | €39k | €45k | €25k | €24k | €31k | ▲ 28.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €330k | €375k | €386k | €369k | €371k | ▲ 0.6% |
| Fixed assets21/28 | €218k | €195k | €211k | €182k | €166k | ▼ 8.9% |
| Intangible fixed assets21 | €154k | €146k | €139k | €131k | €124k | ▼ 5.6% |
| Tangible fixed assets22/27 | €64k | €49k | €72k | €50k | €42k | ▼ 17.3% |
| Land and buildings22 | - | €2k | €1k | €2k | €6k | ▲ 179% |
| Plant, machinery and equipment23 | - | €28k | €26k | €18k | €15k | ▼ 19.0% |
| Furniture and vehicles24 | - | €19k | €45k | €30k | €20k | ▼ 31.6% |
| Current assets29/58 | €112k | €180k | €176k | €187k | €205k | ▲ 9.7% |
| Stocks and contracts in progress3 | €2k | €2k | €7k | €2k | €2k | ▼ 11.9% |
| Stocks30/36 | - | €2k | €7k | €2k | €2k | ▼ 11.9% |
| Amounts receivable within one year40/41 | €53k | €63k | €67k | €45k | €40k | ▼ 10.5% |
| Trade receivables40 | - | €43k | €44k | €35k | €37k | ▲ 8.3% |
| Other amounts receivable41 | - | €20k | €22k | €10k | €2k | ▼ 75.8% |
| Cash at bank and in hand54/58 | €52k | €110k | €95k | €132k | €161k | ▲ 22.1% |
| Deferred charges and accrued income490/1 | - | €5k | €6k | €8k | €2k | ▼ 71.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €330k | €375k | €386k | €369k | €371k | ▲ 0.6% |
| Equity10/15 | €276k | €296k | €297k | €297k | €315k | ▲ 6.2% |
| Contributions10/11 | - | €187k | €187k | €187k | €187k | = |
| Reserves13 | €90k | €110k | €110k | €110k | €129k | ▲ 16.7% |
| Non-distributable reserves130/1 | - | €15k | €15k | €15k | €15k | = |
| Reserves not available under the articles1311 | - | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | - | €95k | €95k | €95k | €114k | ▲ 19.3% |
| Profit (loss) carried forward14 | €15 | €15 | - | - | - | - |
| Amounts payable17/49 | €54k | €79k | €90k | €72k | €56k | ▼ 22.7% |
| Amounts payable after more than one year17 | €22k | €14k | €25k | €14k | €9k | ▼ 36.1% |
| Financial debts170/4 | - | €14k | €25k | €14k | €9k | ▼ 36.1% |
| Amounts payable within one year42/48 | €32k | €65k | €64k | €57k | €43k | ▼ 24.4% |
| Current portion of amounts payable after more than one year42 | - | €8k | €13k | €11k | €5k | ▼ 53.2% |
| Trade debts44 | €8k | €20k | €15k | €9k | €15k | ▲ 65.3% |
| Suppliers440/4 | - | €20k | €15k | €9k | €15k | ▲ 65.3% |
| Taxes, remuneration and social security45 | - | €12k | €12k | €13k | €10k | ▼ 20.1% |
| Taxes450/3 | - | €7k | €6k | €7k | €6k | ▼ 7.1% |
| Remuneration and social security454/9 | - | €5k | €6k | €6k | €4k | ▼ 34.5% |
| Other amounts payable47/48 | - | €25k | €24k | €24k | €13k | ▼ 47.9% |
| Accrued charges and deferred income492/3 | - | €462 | €1k | €802 | €3k | ▲ 325% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €45k | €25k | €24k | €31k | ▲ 28.3% |
| + Depreciation and write-downs630 | €36k | €32k | €29k | €33k | €21k | ▼ 36.5% |
| Operating cash flow (approximation) | €75k | €77k | €53k | €57k | €52k | ▼ 9.3% |
| Investment in fixed assets (approximation) | - | €-8k | €-45k | €-4k | €-5k | ▼ 20.1% |
| Change in cash | - | €58k | €-14k | €37k | €29k | ▼ 20.6% |
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
2025
25-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €45k ▲16%
Operating result €62k, net result €45k, both a record.
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 3.52
Current ratio from 1.33 to 3.52; short-term debt falls from €42k to €32k.
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €11k ▼57.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 1.33
Current ratio from 0.65 to 1.33; short-term debt falls from €72k to €42k.
2019
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
6 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, Wingene · 1 establishment unit since 2016
Ground area
1,050 m²
Building footprint
602 m²
Volume, LiDAR
3,000 m³
Parcel 37018F1183/00C003, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Oosterlinck Quality Projects
since 20162.259.000.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018F1183/00C003 | Flanders | 1,050 m² | 1 · 602 m² | 7.2 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 239 EUR awarded · 239 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 239 EUR | 239 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,135 companies in sector 43910 we hold annual accounts for 5,489. 4,129 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
Founded31-08-2016
Fiscal year end31-03
Trade name NL
Oosterlinck Quality Projects
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.