OSE
ActiveSummary
OSE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299,654 and a net result of €5,883. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-8
Solvency95▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.56 in 2024; short-term debt: 28.1% and cash: 31.2% of total assets), and 30% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
70%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
65 d early
2023
61 d early
2022
66 d early
2021
72 d early
2020
25 d early
2019
112 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€299,654▲ 1.6%
2024 · €294,970
Total assets
€427,855▼ 8.7%
2024 · €468,770
Net result
€5,883▼ 82.8%
2024 · €34,132
Working capital
€85,989▼ 1.8%
2024 · €87,565
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€70,394€223,776▲ 218%€75,608▼ 66.2%€44,671▼ 40.9%€7,508▼ 83.2%
Net result€55,086above the sector's middle half€155,157above the sector's middle half▲ 182%€57,008above the sector's middle half▼ 63.3%€34,132within the sector's middle half▼ 40.1%€5,883within the sector's middle half▼ 82.8%
Equity€180,923above the sector's middle half▲ 43.8%€336,081above the sector's middle half▲ 85.8%€262,089above the sector's middle half▼ 22.0%€294,970above the sector's middle half▲ 12.5%€299,654above the sector's middle half▲ 1.6%
Total assets€477,242above the sector's middle half▲ 33.2%€582,791above the sector's middle half▲ 22.1%€567,469above the sector's middle half▼ 2.6%€468,770above the sector's middle half▼ 17.4%€427,855above the sector's middle half▼ 8.7%
Debt€296,319▲ 27.5%€246,711▼ 16.7%€305,380▲ 23.8%€173,800▼ 43.1%€128,201▼ 26.2%
Working capital€109,918above the sector's middle half▲ 53.8%€108,778within the sector's middle half▼ 1.0%€7,789within the sector's middle half▼ 92.8%€87,565within the sector's middle half▲ 1,024%€85,989within the sector's middle half▼ 1.8%
Solvency37.9%within the sector's middle half▲ 2.8pp57.7%within the sector's middle half▲ 19.8pp46.2%within the sector's middle half▼ 11.5pp62.9%within the sector's middle half▲ 16.7pp70.0%within the sector's middle half▲ 7.1pp
Current ratio1.44within the sector's middle half▲ 0.041.53within the sector's middle half▲ 0.091.03below the sector's middle half▼ 0.501.56within the sector's middle half▲ 0.531.72within the sector's middle half▲ 0.16
Return on assets (ROA)11.5%within the sector's middle half▲ 20.9pp26.6%above the sector's middle half▲ 15.1pp10.0%within the sector's middle half▼ 16.6pp7.3%within the sector's middle half▼ 2.8pp1.4%within the sector's middle half▼ 5.9pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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 per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427,855
Fixed assets
€221,706 ▼ 1.4%
Current assets
€206,149 ▼ 15.5%
Equity and liabilities €427,855
Equity
€299,654 ▲ 1.6%
Debt
€128,201 ▼ 26.2%
Debt's share of the balance-sheet total falls from 37.1% to 30.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,565▼
2024 · €47,638
Cash flow
€8,941▼
2024 · €37,098
Debt to equity
0.43▼
2024 · 0.59
ROE
2.0%▼
2024 · 11.6%
Interest coverage
11.38▼
2024 · 32.22
Debt ≤ 1 year
€120,160▼
2024 · €156,265
Debt > 1 year
€8,041▼
2024 · €17,535
Income taxes
€5,869▼
2024 · €15,499
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €191,500 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,004 | €2,223 | €2,917 | €2,966 | €3,057 | ▲ 3.1% |
| Other operating charges640/8 | €899 | €595 | €698 | €690 | €751 | ▲ 8.7% |
| Gross operating margin9900 | €87,297 | €226,594 | €79,223 | €48,328 | €11,316 | ▼ 76.6% |
| Operating profit (loss)9901 | €70,394 | €223,776 | €75,608 | €44,671 | €7,508 | ▼ 83.2% |
| Financial income75/76B | €5,359 | €3,913 | €7,869 | €6,438 | €5,173 | ▼ 19.6% |
| Recurring financial income75 | €5,359 | €3,913 | €7,869 | €6,438 | €5,173 | ▼ 19.6% |
| Financial charges65/66B | €11,572 | €5,260 | €1,040 | €1,479 | €929 | ▼ 37.2% |
| Recurring financial charges65 | €11,572 | €5,260 | €1,040 | €1,479 | €929 | ▼ 37.2% |
| Profit (loss) for the period before taxes9903 | €64,182 | €222,429 | €82,437 | €49,630 | €11,753 | ▼ 76.3% |
| Income taxes67/77 | €9,095 | €67,271 | €25,429 | €15,499 | €5,869 | ▼ 62.1% |
| Profit (loss) for the period9904 | €55,086 | €155,157 | €57,008 | €34,132 | €5,883 | ▼ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €55,086 | €155,157 | €57,008 | €34,132 | €5,883 | ▼ 82.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €477,242 | €582,791 | €567,469 | €468,770 | €427,855 | ▼ 8.7% |
| Fixed assets21/28 | €116,035 | €268,688 | €281,162 | €224,941 | €221,706 | ▼ 1.4% |
| Intangible fixed assets21 | €15,311 | €5,551 | €4,291 | €3,031 | €1,771 | ▼ 41.6% |
| Tangible fixed assets22/27 | €1,534 | €4,055 | €7,348 | €6,494 | €6,523 | ▲ 0.5% |
| Furniture and vehicles24 | €1,534 | €1,372 | €2,691 | €2,346 | €2,885 | ▲ 23.0% |
| Other tangible fixed assets26 | - | €2,683 | €4,656 | €4,148 | €3,639 | ▼ 12.3% |
| Financial fixed assets28 | €99,190 | €259,082 | €269,524 | €215,416 | €213,411 | ▼ 0.9% |
| Current assets29/58 | €361,207 | €314,103 | €286,306 | €243,830 | €206,149 | ▼ 15.5% |
| Amounts receivable within one year40/41 | €126,794 | €56,124 | €68,670 | €29,530 | €19,703 | ▼ 33.3% |
| Trade receivables40 | €120,889 | €39,544 | €68,662 | €27,512 | €6,050 | ▼ 78.0% |
| Other amounts receivable41 | €5,905 | €16,580 | €8 | €2,018 | €13,653 | ▲ 577% |
| Current investments50/53 | - | €21,000 | €26,085 | €32,156 | €38,353 | ▲ 19.3% |
| Cash at bank and in hand54/58 | €233,958 | €235,582 | €191,112 | €180,280 | €133,640 | ▼ 25.9% |
| Deferred charges and accrued income490/1 | €455 | €1,397 | €440 | €1,864 | €14,452 | ▲ 676% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €477,242 | €582,791 | €567,469 | €468,770 | €427,855 | ▼ 8.7% |
| Equity10/15 | €180,923 | €336,081 | €262,089 | €294,970 | €299,654 | ▲ 1.6% |
| Contributions10/11 | €6,200 | €6,200 | €8,060 | €8,060 | €8,060 | = |
| Reserves13 | €174,660 | €329,660 | €253,800 | €286,300 | €291,550 | ▲ 1.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €172,800 | €327,800 | €253,800 | €286,300 | €291,550 | ▲ 1.8% |
| Profit (loss) carried forward14 | €63 | €221 | €229 | €610 | €44 | ▼ 92.9% |
| Amounts payable17/49 | €296,319 | €246,711 | €305,380 | €173,800 | €128,201 | ▼ 26.2% |
| Amounts payable after more than one year17 | €45,030 | €41,027 | €26,863 | €17,535 | €8,041 | ▼ 54.1% |
| Financial debts170/4 | €45,030 | €41,027 | €26,863 | €17,535 | €8,041 | ▼ 54.1% |
| Amounts payable within one year42/48 | €251,288 | €205,325 | €278,517 | €156,265 | €120,160 | ▼ 23.1% |
| Current portion of amounts payable after more than one year42 | €8,846 | €4,003 | €9,164 | €9,328 | €9,494 | ▲ 1.8% |
| Trade debts44 | €78,881 | €42,088 | €23,561 | €11,789 | €19,040 | ▲ 61.5% |
| Suppliers440/4 | €78,881 | €42,088 | €23,561 | €11,789 | €19,040 | ▲ 61.5% |
| Taxes, remuneration and social security45 | €17,538 | €5,869 | €54,308 | €24,833 | €14,968 | ▼ 39.7% |
| Taxes450/3 | €17,538 | €5,869 | €54,308 | €20,133 | €14,728 | ▼ 26.8% |
| Remuneration and social security454/9 | - | - | - | €4,700 | €240 | ▼ 94.9% |
| Other amounts payable47/48 | €146,023 | €153,364 | €191,485 | €110,316 | €76,658 | ▼ 30.5% |
| Accrued charges and deferred income492/3 | - | €359 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,086 | €155,157 | €57,008 | €34,132 | €5,883 | ▼ 82.8% |
| + Depreciation and write-downs630 | €16,004 | €2,223 | €2,917 | €2,966 | €3,057 | ▲ 3.1% |
| Operating cash flow (approximation) | €71,091 | €157,381 | €59,925 | €37,098 | €8,941 | ▼ 75.9% |
| Investment in fixed assets (approximation) | - | -€154,877 | -€15,391 | €53,255 | €177 | ▼ 99.7% |
| Change in cash | - | €1,624 | -€44,470 | -€10,831 | -€46,641 | ▼ 331% |
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
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €155,157 ▲182%
Operating result €223,776, net result €155,157, both a record.
31-12
Financial
Equity above €200,000Eq €336,081 ▲85.8%
2 profitable years in a row build equity to €336,081.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €55,086
Net result €55,086 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €180,923 ▲43.8%
Equity rises from €125,837 to €180,923.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€33,604
Net result drops to -€33,604, the lowest in the series; recovery starts the following year.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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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, Oudergem · 1 establishment unit since 2011
Ground area
779 m²
Building footprint
103 m²
Volume, LiDAR
850 m³
Parcel 21332C0056/00Y019, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
OSE sprl
since 20112.200.826.961
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332C0056/00Y019 | Brussels | 779 m² | 1 · 103 m² | 11.3 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
25%
According to the 2025 annual accounts of OSE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 4,827 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
Founded14-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
73110Advertising agencies
73200Market research and public opinion polling
74301Translation services
79110Travel agency activities
Contact
E-mail
ovanbeneden@gmail.com
Phone
02/735.28.00
E-invoicing
Reachable via Peppol
Peppol ID
0208:0836947870
Also
9925:BE0836947870
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.