OSI STACK SOLUTION
ActiveSummary
The computed 12-month bankruptcy probability of OSI STACK SOLUTION is 13.9% (high). For OSI STACK SOLUTION, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €11,825 and a net result of -€8,853. Equity is growing by about 5.8% per year across the filed financial years. Its solvency ranks better than 32% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General electrical installation work
NACE 43211
2 sites
Size
€42,775total assets 2024
- Staff
- 0.8 FTE
- Equity
- €11,825
- Loss
- -€8,853
Financial health
- Bankruptcy probabilitywithin 12 months
- 13.9%
2024 figures too old to score
Structure
2025 accounts not filed, 267 days past the deadline1 of 4 deeds summarised
Signalsraises riskFigures for financial year 2024 (filed 15-01-2025)Ex-officio strike-off in the KBOSize: 0.8 FTE, total assets €42,7751 financial year not filed after the legal deadlineAnnual accounts not filedAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
53+1
equity 27.6% of total assets
Liquidity
54+20
short-term debt 69.8% · cash 32.9%
Profitability
0-80
return on assets -20.7%
Bankruptcy probability, 12 months
13.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%
12-2024: 2.2%▲ +0.2 percentage points vs 11-2024
01-2025: 2.3%▲ +0.1 percentage points vs 12-2024
02-2025: 1.5%▼ -0.8 percentage points vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 1.4%● unchanged vs 03-2025lowest value
05-2025: 1.4%● unchanged vs 04-2025lowest value
06-2025: 1.4%● unchanged vs 05-2025lowest value
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 1.5%● unchanged vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.7%▲ +0.2 percentage points vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.9%▲ +0.2 percentage points vs 12-2025
02-2026: 5.5%▲ +3.6 percentage points vs 01-2026
03-2026: 6.2%▲ +0.7 percentage points vs 02-2026
04-2026: 10.1%▲ +3.9 percentage points vs 03-2026
05-2026: 10.3%▲ +0.2 percentage points vs 04-2026
06-2026: 12.2%▲ +1.9 percentage points vs 05-2026
07-2026: 14.6%▲ +2.4 percentage points vs 06-2026
08-2026: 14.6%● unchanged vs 07-2026
09-2026: 14.9%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 13.9%▼ -1.0 percentage point vs 09-2026
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
raises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 267 days later.
NBB · 5 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline25-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 14-01-2025, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
17 days early
2023
1 day early
2022
12 days early
2021
41 days early
2020
48 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckBorrensstraat 51 1050 L’adresse du…
- Resignations: Vicari Marco, Baaziz Abdelghani and…Appointment: Kabelu Tunsele Jean Baptiste…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 Financial year closed on 30 June 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,853
2023 · €6,710
Working capital
€12,927▼ 54.3%
2023 · €28,280
Trend over the years
2020 to 2024, 5 financial years
The operating result turns negative in 2024: a loss of €8,157 after €9,233 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€8,157
2024
Net result-€8,853
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€42,775
2024
Equity€11,825
2024
Debt€30,950
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€12,927
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-20.7%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency27.6%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.43
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,094-€10,259▼ 21.7%-€2,835€9,233-€8,157
Net result€9,214within the sector's middle half-€7,514within the sector's middle half▼ 18.5%-€3,760below the sector's middle half€6,710within the sector's middle half-€8,853below the sector's middle half
Equity€10,214below the sector's middle half-€17,728below the sector's middle half▲ 73.6%€13,968below the sector's middle half▼ 21.2%€20,678below the sector's middle half▲ 48.0%€11,825below the sector's middle half▼ 42.8%
Total assets€34,360below the sector's middle half-€57,912below the sector's middle half▲ 68.5%€85,591within the sector's middle half▲ 47.8%€76,926below the sector's middle half▼ 10.1%€42,775below the sector's middle half▼ 44.4%
Debt€24,146-€40,184▲ 66.4%€71,623▲ 78.2%€56,248▼ 21.5%€30,950▼ 45.0%
Working capital€7,546within the sector's middle half-€16,151within the sector's middle half▲ 114%€27,393within the sector's middle half▲ 69.6%€28,280within the sector's middle half▲ 3.2%€12,927below the sector's middle half▼ 54.3%
Solvency29.7%within the sector's middle half-30.6%within the sector's middle half▲ 0.9pp16.3%below the sector's middle half▼ 14.3pp26.9%within the sector's middle half▲ 10.6pp27.6%within the sector's middle half▲ 0.8pp
Current ratio1.31within the sector's middle half-1.40within the sector's middle half▲ 0.091.47within the sector's middle half▲ 0.071.58within the sector's middle half▲ 0.111.43within the sector's middle half▼ 0.15
Return on assets (ROA)26.8%above the sector's middle half-13.0%within the sector's middle half▼ 13.8pp-4.4%below the sector's middle half▼ 17.4pp8.7%within the sector's middle half▲ 13.1pp-20.7%below the sector's middle half▼ 29.4pp
Staff (FTE)1.6within the sector's middle half-3.4▲ 113%2.7▼ 20.6%1.3below the sector's middle half▼ 51.9%0.8below the sector's middle half▼ 38.5%
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €42,775
Equity
€11,825 ▼ 42.8%
Debt
€30,950 ▼ 45.0%
Debt's share of the balance-sheet total falls from 73.1% to 72.4%. Equity and debt are lower.
Key figures and ratios
Debt to equity
2.62▼
2023 · 2.72
ROE
-74.9%▼
2023 · 32.4%
Debt ≤ 1 year
€29,848▼
2023 · €48,646
Debt > 1 year
€1,102▼
2023 · €7,603
Staff costs
€15,978▼
2023 · €24,611
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €90,729 | €24,611 | €15,978 | ▼ 35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €638 | €1,091 | €1,091 | €486 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €7 | - |
| Other operating charges640/8 | - | - | €1,904 | €1,077 | €1,198 | ▲ 11.2% |
| Gross operating margin9900 | €41,250 | €92,013 | €90,890 | €35,407 | €9,025 | ▼ 74.5% |
| Operating profit (loss)9901 | €13,094 | €10,259 | -€2,835 | €9,233 | -€8,157 | - |
| Financial charges65/66B | - | - | €925 | €813 | €696 | ▼ 14.4% |
| Recurring financial charges65 | €9 | €10 | €925 | €813 | €696 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €13,085 | €10,249 | -€3,760 | €8,419 | -€8,853 | - |
| Income taxes67/77 | €3,871 | €2,735 | - | €1,710 | - | - |
| Profit (loss) for the period9904 | €9,214 | €7,514 | -€3,760 | €6,710 | -€8,853 | - |
| Profit (loss) for the period to be appropriated9905 | €9,214 | €7,514 | -€3,760 | €6,710 | -€8,853 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,360 | €57,912 | €85,591 | €76,926 | €42,775 | ▼ 44.4% |
| Fixed assets21/28 | €2,668 | €1,577 | €486 | €0 | - | - |
| Tangible fixed assets22/27 | €2,668 | €1,577 | €486 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | €486 | €0 | - | - |
| Current assets29/58 | €31,692 | €56,335 | €85,105 | €76,926 | €42,775 | ▼ 44.4% |
| Amounts receivable within one year40/41 | €27,044 | €47,917 | €70,008 | €66,081 | €28,684 | ▼ 56.6% |
| Trade receivables40 | - | - | €65,256 | €58,517 | €27,422 | ▼ 53.1% |
| Other amounts receivable41 | - | - | €4,752 | €7,565 | €1,262 | ▼ 83.3% |
| Cash at bank and in hand54/58 | €4,648 | €8,418 | €15,097 | €10,845 | €14,091 | ▲ 29.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,360 | €57,912 | €85,591 | €76,926 | €42,775 | ▼ 44.4% |
| Equity10/15 | €10,214 | €17,728 | €13,968 | €20,678 | €11,825 | ▼ 42.8% |
| Contributions10/11 | - | - | €1,000 | €1,000 | €1,000 | = |
| Contributions outside capital11 | - | - | €1,000 | €1,000 | €1,000 | = |
| Share premium1100/10 | - | - | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €9,214 | €16,728 | €12,968 | €19,678 | €10,825 | ▼ 45.0% |
| Amounts payable17/49 | €24,146 | €40,184 | €71,623 | €56,248 | €30,950 | ▼ 45.0% |
| Amounts payable after more than one year17 | - | - | €13,912 | €7,603 | €1,102 | ▼ 85.5% |
| Financial debts170/4 | - | - | €13,912 | €7,603 | €1,102 | ▼ 85.5% |
| Amounts payable within one year42/48 | €24,146 | €40,184 | €57,712 | €48,646 | €29,848 | ▼ 38.6% |
| Current portion of amounts payable after more than one year42 | - | - | €6,123 | €6,309 | €6,500 | ▲ 3.0% |
| Trade debts44 | €6,199 | €21,159 | €32,492 | €36,435 | €22,610 | ▼ 37.9% |
| Suppliers440/4 | - | - | €32,492 | €36,435 | €22,610 | ▼ 37.9% |
| Taxes, remuneration and social security45 | - | - | €16,692 | €2,994 | €478 | ▼ 84.0% |
| Taxes450/3 | - | - | €8,926 | €1,941 | €74 | ▼ 96.2% |
| Remuneration and social security454/9 | - | - | €7,766 | €1,054 | €404 | ▼ 61.6% |
| Other amounts payable47/48 | - | - | €2,404 | €2,907 | €260 | ▼ 91.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,214 | €7,514 | -€3,760 | €6,710 | -€8,853 | - |
| + Depreciation and write-downs630 | €638 | €1,091 | €1,091 | €486 | - | - |
| Operating cash flow (approximation) | €9,852 | €8,605 | -€2,669 | €7,196 | -€8,853 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €3,770 | €6,679 | -€4,253 | €3,246 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | full format | 14-01-2025 | 2025-00005121 |
| 30-06-2023 | full format | 30-01-2024 | 2024-00019586 |
| 30-06-2022 | micro format | 19-01-2023 | 2023-00001117 |
| 30-06-2021 | micro format | 21-12-2021 | 2021-81300544 |
| 30-06-2020 | micro format | 14-12-2020 | 2020-75500434 |
Similar companies · same sector, comparable size
DEMIR ELEC
BE 0675.686.558
Schaarbeek · equity €11,832
DE LONDI
BE 0798.221.314
Antwerpen · equity €11,795
RAYRICDAN
BE 1004.013.940
Opwijk · equity €11,789
Solar-connect
BE 0770.291.153
Beringen · equity €11,862
BETES
BE 0860.017.638
Gent · equity €11,864
Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,463. 6,104 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 office holder, last change in 2025
Other functions 1
Kabelu Tunsele Jean Baptiste
CurrentAdministateur · since 31-01-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
4 people since 2025, 1 in office
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Kabelu Tunsele Jean Baptiste |
|
| Baaziz Abdelghani |
|
| Sekri Samir |
|
| Vicari Marco |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 office holderThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2026
19-01
KBO administration
Address struck
Borrensstraat 51 1050 L’adresse du siège · event 29-12-2025
2025
10-02
Gazette deed
Resignations: Vicari Marco, Baaziz Abdelghani and Sekri SamirAppointment: Kabelu Tunsele Jean Baptiste (administateur) · Director discharge8 facts ▸
Gazette deed
Resignations: Vicari Marco, Baaziz Abdelghani and Sekri Samir
Appointment: Kabelu Tunsele Jean Baptiste (administateur) · Director discharge8 facts ▸
- General meeting, 31-01-2025
- Director resignation, Vicari Marco (director)
- Director resignation, Baaziz Abdelghani (director)
- Director resignation, Sekri Samir (director)
- Director appointment, Kabelu Tunsele Jean Baptiste (administateur)
- Director discharge, Vicari Marco
- Director discharge, Baaziz Abdelghani
- Director discharge, Sekri Samir
14-01
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
30-06
Financial
Weakest financial yearnet -€8,853
Net result drops to -€8,853, the lowest in the series.
30-01
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
30-06
Financial
Back to profitnet €6,710
Net result €6,710 after one loss-making year.
19-01
NBB filing
Annual accounts filed
financial year 2022 · micro format
2021
21-12
NBB filing
Annual accounts filed
financial year 2021 · micro format
2020
14-12
NBB filing
Annual accounts filed
financial year 2020 · micro format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded05-12-2019
Financial year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
61200Telecommunications resale and intermediation services
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
77330Rental and leasing activities
82990Other business support services
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738763975
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0738.763.975
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Elsene · 2 establishment units since 2019
Ground area
648 m²
Building footprint
269 m²
Building volume
2,761 m³
3 parcels, Brussels, Wallonia · tallest building 16.2 m. Linked by address, not a title deed.
77
companies at this address
See who is registered here
2 establishment units
OSI STACK SOLUTION
since 2019unit no. 2.296.661.773
Establishment
since 2021unit no. 2.320.916.624
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52047B0121/00N005 | Wallonia | 453 m² | 1 · 104 m² | 11.3 m · 3 |
| 21445C0234/00V004 | Brussels | 123 m² | 1 · 99 m² | 16.2 m · 4 |
| 21443C0196/00G021 | Brussels | 72 m² | 1 · 66 m² | 14.7 m · 4 |
How the parcels are linked
Good to know
All 3 parcels match the address exactly.