Oscarpainters

Active

Private limited companyfounded 199431 yrs activeKorte Winterstraat 1, 8570 Anzegem, BelgiumKBO/BCE: BE 0453.925.554

Oscarpainters has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €463k and a net result of €74k. Its solvency ranks better than 93% of 999 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

100 / 100

Excellent▲ +14 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability80▲+42

Solvency100=

Growth78

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €45k at 30 days acceptable

Liquidity ample (current ratio 6.7 against 6.92 in 2023), and 16.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

5 signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

83.4%

Return on assets

13.4%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

26 d late

2022

24 d late

2021

9 d early

2020

36 d early

2019

39 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€463k▲ 19.2%

2023 · €388k

2023: €388k

2023 → 2024

Total assets

€555k▲ 19.8%

2023 · €463k

2023: €463k

2023 → 2024

Net result

€74k▲ 149%

2023 · €30k

2023: €30k

2023 → 2024

Working capital

€441k▲ 18.1%

2023 · €373k

2023: €373k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€388k-€463k▲ 19.2%

Operating result€51k-€106k▲ 110%

Net result€30k-€74k▲ 149%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 110% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €555k

93.3%

Fixed assets €37k▲ 38.2%

Current assets €518k▲ 18.7%

Equity and liabilities €555k

83.4%

16.6%

Equity €463k▲ 19.2%

Debt €92k▲ 23.4%

The debt ratio rises from 16.1% to 16.6%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€128k▲

2023 · €71k

Cash flow

€96k▲

2023 · €51k

Solvency

83.4%▼

2023 · 83.9%

Current ratio

6.70▼

2023 · 6.92

Quick ratio

6.61▲

2023 · 6.46

Debt / equity

0.20▲

2023 · 0.19

ROE

16.1%▲

2023 · 7.7%

ROA

13.4%▲

2023 · 6.5%

Interest coverage

64.69▲

2023 · 8.91

Debt

€92k▲

2023 · €75k

Debt ≤ 1 year

€77k▲

2023 · €63k

Debt > 1 year

€15k▲

2023 · €12k

Income taxes

€31k▲

2023 · €13k

Staff costs

€179k▲

2023 · €130k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Total assets 20/58€555k

Fixed assets 21/28€37k

Tangible fixed assets 22/27€36k

Financial fixed assets 28€1k

Current assets 29/58€518k

Stocks & contracts in progress 3€7k

Amounts receivable within one year 40/41€299k

Cash & bank 54/58€207k

Total equity & liabilities 10/49€555k

Equity 10/15€463k

Contributions / capital 10/11€18k

Reserves 13€445k

Accumulated profits (losses) 14€0

Amounts payable 17/49€92k

Amounts payable after one year 17€15k

Amounts payable within one year 42/48€77k

Trade debts payable within one year 44€31k

Income statement Code2024

Gross operating margin 9900€309k

Operating result 9901€106k

Financial income 75€1k

Financial charges 65€2k

Result before taxes 9903€106k

Income taxes 67/77€31k

Net result for the period 9904€74k

Result to be appropriated 9905€74k

This is the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →