OTCHI
ActiveSummary
OTCHI has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96,885 and a net result of €3,219. Equity is growing by ~15.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-28
Solvency100▲+10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.44 in 2023; short-term debt: 17% and cash: 28.1% of total assets), and 17% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
50 d early
2023
41 d early
2022
39 d early
2021
60 d early
2020
36 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€96,885▼ 1.2%
2023 · €98,091
Total assets
€116,664▼ 22.7%
2023 · €150,850
Net result
€3,219▼ 92.9%
2023 · €45,316
Working capital
€23,497▲ 2.7%
2023 · €22,886
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€9,064▼ 70.9%€15,184▲ 67.5%€28,331▲ 86.6%€68,653▲ 142%€4,537▼ 93.4%
Net result€4,603▼ 78.3%€8,402▲ 82.5%€19,802▲ 136%€45,316▲ 129%€3,219▼ 92.9%
Equity€45,705▲ 3.6%€54,107▲ 18.4%€52,775▼ 2.5%€98,091▲ 85.9%€96,885▼ 1.2%
Total assets€100,333▼ 57.6%€92,941▼ 7.4%€91,126▼ 2.0%€150,850▲ 65.5%€116,664▼ 22.7%
Debt€54,628▼ 71.6%€38,834▼ 28.9%€38,351▼ 1.2%€52,759▲ 37.6%€19,779▼ 62.5%
Working capital-€16,569-€14,247▲ 14.0%-€23,914▼ 67.9%€22,886€23,497▲ 2.7%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 93% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116,664
Fixed assets
€73,388 ▼ 2.8%
Current assets
€43,276 ▼ 42.6%
Equity and liabilities €116,664
Equity
€96,885 ▼ 1.2%
Debt
€19,779 ▼ 62.5%
Debt's share of the balance-sheet total falls from 35.0% to 17.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,537▼
2023 · €69,842
Cash flow
€3,219▼
2023 · €46,506
Current ratio
2.19▲
2023 · 1.44
Debt to equity
0.20▼
2023 · 0.54
ROE
3.3%▼
2023 · 46.2%
ROA
2.8%▼
2023 · 30.0%
Interest coverage
12.50▼
2023 · 89.26
Debt ≤ 1 year
€19,779▼
2023 · €52,464
Income taxes
€1,702▼
2023 · €22,724
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 | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,645 | €1,964 | €1,726 | €1,189 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €768 | €914 | €1,984 | €949 | ▼ 52.2% |
| Gross operating margin9900 | €12,476 | €17,915 | €30,971 | €71,826 | €5,485 | ▼ 92.4% |
| Operating profit (loss)9901 | €9,064 | €15,184 | €28,331 | €68,653 | €4,537 | ▼ 93.4% |
| Financial income75/76B | - | €39 | - | €170 | €747 | ▲ 339% |
| Recurring financial income75 | €73 | €39 | - | €170 | €747 | ▲ 339% |
| Financial charges65/66B | - | €1,869 | €729 | €782 | €363 | ▼ 53.6% |
| Recurring financial charges65 | €1,388 | €403 | €729 | €782 | €363 | ▼ 53.6% |
| Non-recurring financial charges66B | - | €1,466 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €7,749 | €13,353 | €27,602 | €68,040 | €4,921 | ▼ 92.8% |
| Income taxes67/77 | €3,146 | €4,952 | €7,800 | €22,724 | €1,702 | ▼ 92.5% |
| Profit (loss) for the period9904 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | ▼ 92.9% |
| Profit (loss) for the period to be appropriated9905 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | ▼ 92.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,333 | €92,941 | €91,126 | €150,850 | €116,664 | ▼ 22.7% |
| Fixed assets21/28 | €77,768 | €74,338 | €76,689 | €75,499 | €73,388 | ▼ 2.8% |
| Tangible fixed assets22/27 | €4,380 | €950 | €3,301 | €2,111 | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €0 | - | - |
| Plant, machinery and equipment23 | - | €330 | €59 | €1,081 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €380 | €1,375 | €1,031 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €240 | €1,867 | - | - | - |
| Financial fixed assets28 | €73,388 | €73,388 | €73,388 | €73,388 | €73,388 | = |
| Current assets29/58 | €22,565 | €18,603 | €14,437 | €75,350 | €43,276 | ▼ 42.6% |
| Amounts receivable within one year40/41 | €1,291 | €4,681 | €5,864 | €1,422 | €9,606 | ▲ 576% |
| Trade receivables40 | - | €3,917 | €5,781 | €1,140 | €5,894 | ▲ 417% |
| Other amounts receivable41 | - | €765 | €83 | €282 | €3,712 | ▲ 1,219% |
| Current investments50/53 | - | - | - | €50,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €19,607 | €13,511 | €8,574 | €21,688 | €32,726 | ▲ 50.9% |
| Deferred charges and accrued income490/1 | - | €410 | - | €2,241 | €944 | ▼ 57.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,333 | €92,941 | €91,126 | €150,850 | €116,664 | ▼ 22.7% |
| Equity10/15 | €45,705 | €54,107 | €52,775 | €98,091 | €96,885 | ▼ 1.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €27,105 | €35,507 | €34,175 | €79,491 | €78,285 | ▼ 1.5% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Other1319 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €33,647 | €32,315 | €77,631 | €76,425 | ▼ 1.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €54,628 | €38,834 | €38,351 | €52,759 | €19,779 | ▼ 62.5% |
| Amounts payable after more than one year17 | €13,656 | €5,496 | - | - | - | - |
| Financial debts170/4 | - | €5,496 | - | - | - | - |
| Amounts payable within one year42/48 | €39,135 | €32,850 | €38,351 | €52,464 | €19,779 | ▼ 62.3% |
| Current portion of amounts payable after more than one year42 | - | €8,152 | €5,496 | €0 | - | - |
| Trade debts44 | €4,754 | €12,065 | €127 | €6,009 | €991 | ▼ 83.5% |
| Suppliers440/4 | - | €12,065 | €127 | €6,009 | €991 | ▼ 83.5% |
| Taxes, remuneration and social security45 | - | €12,632 | €12,059 | €26,129 | €14,584 | ▼ 44.2% |
| Taxes450/3 | - | €9,022 | €10,559 | €26,129 | €14,584 | ▼ 44.2% |
| Remuneration and social security454/9 | - | €3,610 | €1,500 | €0 | - | - |
| Other amounts payable47/48 | - | - | €20,670 | €20,327 | €4,204 | ▼ 79.3% |
| Accrued charges and deferred income492/3 | - | €489 | - | €294 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | ▼ 92.9% |
| + Depreciation and write-downs630 | €2,645 | €1,964 | €1,726 | €1,189 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €7,248 | €10,365 | €21,528 | €46,506 | €3,219 | ▼ 93.1% |
| Investment in fixed assets (approximation) | - | €1,466 | -€4,077 | €0 | €2,111 | - |
| Change in cash | - | -€6,095 | -€4,938 | €13,115 | €11,038 | ▼ 15.8% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €3,219 ▼92.9%
Net result drops to €3,219, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €45,316 ▲129%
Operating result €68,653, net result €45,316, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.44
Current ratio from 0.38 to 1.44.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Waasmunster · 1 establishment unit since 2005
Ground area
1,968 m²
Building footprint
317 m²
Volume, LiDAR
1,610 m³
Parcel 42023B0866/00V000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OTCHI
since 20052.147.971.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0866/00V000 | Flanders | 1,968 m² | 1 · 317 m² | 9.0 m · 2 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 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
48.92%
According to the 2024 annual accounts of OTCHI 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-05-2005
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873648613
Also
9925:BE0873648613
Registered
24-11-2023
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.