OSARC
ActiveSummary
OSARC has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100k and a net result of €17k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 68% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+6
Solvency96▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.37 in 2023; short-term debt: 28.5% and cash: 42.7% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
162 d late
2022
49 d late
2021
212 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€100k▲ 20.8%
2023 · €82k
2020: €19k
2021: €36k
2022: €74k
2023: €82k
2020 → 2024
Total assets
€139k▲ 16.6%
2023 · €119k
2020: €87k
2021: €125k
2022: €192k
2023: €119k
2020 → 2024
Net result
€17k▲ 103%
2023 · €8k
2020: €13k
2021: €17k
2022: €38k
2023: €8k
2020 → 2024
Working capital
€76k▲ 62.4%
2023 · €47k
2020: €44k
2021: €53k
2022: €42k
2023: €47k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€36k▲ 90.3%€74k▲ 106%€82k▲ 11.4%€100k▲ 20.8%
Operating result€17k-€19k▲ 9.8%€53k▲ 178%€14k▼ 73.3%€28k▲ 96.2%
Net result€13k-€17k▲ 32.5%€38k▲ 124%€8k▼ 77.9%€17k▲ 103%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 96% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€23k ▼ 39.0%
Current assets
€116k ▲ 42.8%
Equity and liabilities €139k
Equity
€100k ▲ 20.8%
Debt
€40k ▲ 7.3%
Debt's share of the balance-sheet total falls from 31.0% to 28.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2023 · €30k
Cash flow
€32k▲
2023 · €24k
Current ratio
2.92▲
2023 · 2.37
Debt to equity
0.40▼
2023 · 0.45
ROE
17.2%▲
2023 · 10.2%
ROA
12.3%▲
2023 · 7.1%
Interest coverage
14.12▼
2023 · 80.98
Debt ≤ 1 year
€40k▲
2023 · €34k
Income taxes
€8k▲
2023 · €5k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€119k€139k▲
Fixed assets21/28€38k€23k▼
Intangible fixed assets21€15k€9k▼
Tangible fixed assets22/27€23k€15k▼
Furniture and vehicles24€23k€15k▼
Current assets29/58€81k€116k▲
Amounts receivable within one year40/41€28k€54k▲
Trade receivables40€14k€18k▲
Other amounts receivable41€14k€37k▲
Cash at bank and in hand54/58€51k€59k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€119k€139k▲
Equity10/15€82k€100k▲
Contributions10/11€6k€6k=
Reserves13€33k€51k▲
Distributable reserves133€33k€51k▲
Profit (loss) carried forward14€43k€43k=
Amounts payable17/49€37k€40k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€34k€40k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€11k€17k▲
Suppliers440/4€11k€17k▲
Taxes, remuneration and social security45€20k€20k▲
Taxes450/3€20k€19k▼
Remuneration and social security454/9-€2k
Income statement
Code20232024
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€656€457▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€33k€43k▲
Operating profit (loss)9901€14k€28k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€372€3k▲
Recurring financial charges65€372€3k▲
Profit (loss) for the period before taxes9903€14k€25k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€8k€17k▲
Profit (loss) for the period to be appropriated9905€8k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€60k▲
Profit (loss) brought forward from the previous period14P€43k€43k=
Transfer to equity691/2€8k€17k▲
To other reserves6921€8k€17k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 162 days late
2023
31-12
Financial
Weakest financial yearnet €8k ▼77.9%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 212 days late
2022
31-12
Financial
Highest result since 2020net €38k ▲124%
Operating result €53k, net result €38k, both a record.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vanderkinderestraat 2911180 UkkelGround area
89 m²
Building footprint
105 m²
Volume, LiDAR
1,516 m³
Parcel 21618B0278/00B022, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
OSARC
since 20202.300.529.402
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0278/00B022 | Brussels | 89 m² | 1 · 105 m² | 17.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WIM VERMARIËN ARCHITECTEN BVBA
BE 0671.548.717
Duffel · Eq €99,477
A & T ARCHITECTEN
BE 0473.443.142
Antwerpen · Eq €99,590
ATELIER ARCA +, SOCIETE D'ARCHITECTE
BE 0454.371.853
Soignies · Eq €99,594
BoXX-Architecture
BE 0653.929.161
Lendelede · Eq €99,598
ROELAND SMITS ARCHITECT-STEDENBOUWKUNDIGE
BE 0897.289.887
Boechout · Eq €99,361
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71112Activities of interior architects
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.