OTAX
ActiveOTAX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €12k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+7
Solvency36▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.06 in 2024; short-term debt: 66.5% and cash: 1.2% of total assets), but 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
11.3%
Return on assets
0.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-12-2025, 57 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
57 d early
2024
100 d early
2023
128 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€197k▲ 6.2%
2024 · €185k
2023: €148k
2024: €185k
2023 → 2025
Total assets
€1.74M▼ 48.2%
2024 · €3.35M
2023: €5.16M
2024: €3.35M
2023 → 2025
Net result
€12k▼ 69.2%
2024 · €38k
2023: €-52k
2024: €38k
2023 → 2025
Working capital
€581k▲ 210%
2024 · €188k
2023: €148k
2024: €188k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€148k-€185k▲ 25.4%€197k▲ 6.2%
Operating result€-36k-€67k€29k▼ 56.7%
Net result€-52k-€38k€12k▼ 69.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.74M
Equity
€197k▲ 6.2%
Debt
€1.54M▼ 51.4%
The debt ratio falls from 94.5% to 88.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
11.3%▲
2024 · 5.5%
Current ratio
1.50▲
2024 · 1.06
Quick ratio
0.26▲
2024 · 0.12
Debt / equity
7.81▼
2024 · 17.06
ROE
5.9%▼
2024 · 20.2%
ROA
0.7%▼
2024 · 1.1%
Debt
€1.54M▼
2024 · €3.16M
Debt ≤ 1 year
€1.15M▼
2024 · €3.16M
Debt > 1 year
€370k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.35M€1.74M▼
Current assets29/58€3.35M€1.74M▼
Stocks and contracts in progress3€2.96M€1.43M▼
Stocks30/36€2.96M€1.43M▼
Contracts in progress37€0-
Amounts receivable within one year40/41€13k€280k▲
Trade receivables40€689€258k▲
Other amounts receivable41€12k€22k▲
Cash at bank and in hand54/58€288k€20k▼
Deferred charges and accrued income490/1€83k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.35M€1.74M▼
Equity10/15€185k€197k▲
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-15k€-3k▲
Amounts payable17/49€3.16M€1.54M▼
Amounts payable after more than one year17-€370k
Financial debts170/4-€370k
Amounts payable within one year42/48€3.16M€1.15M▼
Financial debts43€270k€0▼
Credit institutions430/8€270k€0▼
Trade debts44€314k€144k▼
Suppliers440/4€314k€144k▼
Advances received on contracts in progress46€2.04M€0▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€535k€1.01M▲
Accrued charges and deferred income492/3€2k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€499€513▲
Gross operating margin9900€67k€29k▼
Operating profit (loss)9901€67k€29k▼
Financial income75/76B€18k€12k▼
Recurring financial income75€18k€12k▼
Financial charges65/66B€47k€29k▼
Recurring financial charges65€47k€29k▼
Profit (loss) for the period before taxes9903€38k€12k▼
Profit (loss) for the period9904€38k€12k▼
Profit (loss) for the period to be appropriated9905€38k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-3k▲
Profit (loss) brought forward from the previous period14P€-52k€-15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-06
Financial
Equity above €150kEq €185k ▲25.4%
Equity rises from €148k to €185k.
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koksijde · 1 establishment unit since 2021
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.
Liefjeslaan(Kok) 28670 KoksijdeGround area
1,050 m²
Building footprint
396 m²
Volume, LiDAR
1,528 m³
Parcel 38342H0494/00B000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OTAX
since 20212.319.898.619
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38342H0494/00B000 | Flanders | 1,050 m² | 1 · 396 m² | 7.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 28,000 EUR awarded · 28,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 28,000 EUR |
| 2022 | 1 | 28,000 EUR | 0 EUR |
Schemes
Subsidies laadpalen (Relance)
Similar companies · same sector, comparable size
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Atlas Life
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KARIN
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Glabbeek · Eq €197k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2021
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.