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OSYIF

Active
Private limited companyfounded 20242 yrs activeKortrijkseweg 168, 8791 Waregem, BelgiumKBO/BCE: BE 1005.817.249
Summary

The computed 12-month bankruptcy probability of OSYIF is 6.1% (elevated). The 2024 annual accounts show negative equity (-€432) and a net result of -€5,432. Its solvency ranks better than 15% of 6719 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency23
Growth-
Track record67
Bankruptcy probability, 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21; short-term debt: 101.8% and cash: 11.3% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-1.8%
Return on assets
-22.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-01-2026, 183 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
183 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 183 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

OSYIF was incorporated on 9 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€432
Total assets
€23,800
Net result
-€5,432
Working capital
-€19,263

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

Balance-sheet composition
Assets €23,800
Fixed assets €18,831
Current assets €4,969
Key figures and ratios
2024 value
EBITDA
-€1,926
Cash flow
-€1,991
Solvency
-1.8%
Current ratio
0.21
ROA
-22.8%
Interest coverage
-29.63
Debt
€24,232
Debt ≤ 1 year
€24,232
Staff costs
€11,063
Equity ratios withheld: equity of -€432 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,638 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
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€23,800
Fixed assets21/28€18,831
Tangible fixed assets22/27€15,831
Furniture and vehicles24€15,831
Financial fixed assets28€3,000
Current assets29/58€4,969
Amounts receivable within one year40/41€2,276
Trade receivables40€2,276
Cash at bank and in hand54/58€2,693
Equity and liabilities
Total equity and liabilities10/49€23,800
Equity10/15-€432
Contributions10/11€5,000
Capital10€5,000
Issued capital100€5,000
Profit (loss) carried forward14-€5,432
Amounts payable17/49€24,232
Amounts payable within one year42/48€24,232
Trade debts44€301
Suppliers440/4€301
Taxes, remuneration and social security45€8,769
Taxes450/3€2,092
Remuneration and social security454/9€6,677
Other amounts payable47/48€15,162
Income statement Code2024
Remuneration, social security and pensions62€11,063
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,441
Other operating charges640/8€558
Gross operating margin9900€9,695
Operating profit (loss)9901-€5,367
Financial charges65/66B€65
Recurring financial charges65€65
Profit (loss) for the period before taxes9903-€5,432
Profit (loss) for the period9904-€5,432
Profit (loss) for the period to be appropriated9905-€5,432
Appropriation of the result
Profit (loss) to be appropriated9906-€5,432

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€11,063
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,441
Other operating charges640/8€558
Gross operating margin9900€9,695
Operating profit (loss)9901-€5,367
Financial charges65/66B€65
Recurring financial charges65€65
Profit (loss) for the period before taxes9903-€5,432
Profit (loss) for the period9904-€5,432
Profit (loss) for the period to be appropriated9905-€5,432
Line2024
Assets
Total assets20/58€23,800
Fixed assets21/28€18,831
Tangible fixed assets22/27€15,831
Furniture and vehicles24€15,831
Financial fixed assets28€3,000
Current assets29/58€4,969
Amounts receivable within one year40/41€2,276
Trade receivables40€2,276
Cash at bank and in hand54/58€2,693
Equity and liabilities
Total equity and liabilities10/49€23,800
Equity10/15-€432
Contributions10/11€5,000
Capital10€5,000
Issued capital100€5,000
Profit (loss) carried forward14-€5,432
Amounts payable17/49€24,232
Amounts payable within one year42/48€24,232
Trade debts44€301
Suppliers440/4€301
Taxes, remuneration and social security45€8,769
Taxes450/3€2,092
Remuneration and social security454/9€6,677
Other amounts payable47/48€15,162
Line2024
Profit (loss) for the period9904-€5,432
+ Depreciation and write-downs630€3,441
Operating cash flow (approximation)-€1,991

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 183 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Waregem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,841 m²
Building footprint
812 m²
Parcel 34006B0315/00F000, Flanders. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
OSYIF
Kortrijkseweg 168, 8791 WaregemIntermediation services for non-specialised retail
since 20242.356.039.928
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34006B0315/00F000 Flanders 3,841 m² 1 · 812 m² -
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
49330On-demand passenger transport by chauffeured vehicle
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47120Other non-specialised retail sale
49310Scheduled passenger transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005817249
Also 9925:BE1005817249
Registered 27-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.