OTCHI
ActiveSummary
OTCHI has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,844 and a net result of -€9,041. Equity is growing by about 13% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.6% (low).
Financials · financial year 2025, abbreviated format
Equity
€87,844▼ 9.3%
2024 · €96,885
Total assets
€88,396▼ 24.2%
2024 · €116,664
Net result
-€9,041
2024 · €3,219
Working capital
€14,456▼ 38.5%
2024 · €23,497
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €8,965 after €4,537 in 2024, 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-€8,965
2025
Net result-€9,041
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€88,396
2025
Equity€87,844
2025
Debt€552
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€14,456
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€16,333-€31,128▲ 90.6%€9,064▼ 70.9%€15,184▲ 67.5%€28,331▲ 86.6%€68,653▲ 142%€4,537▼ 93.4%-€8,965
Net result€10,248-€21,191▲ 107%€4,603▼ 78.3%€8,402▲ 82.5%€19,802▲ 136%€45,316▲ 129%€3,219▼ 92.9%-€9,041
Equity€39,926-€44,102▲ 10.5%€45,705▲ 3.6%€54,107▲ 18.4%€52,775▼ 2.5%€98,091▲ 85.9%€96,885▼ 1.2%€87,844▼ 9.3%
Total assets€232,035-€236,599▲ 2.0%€100,333▼ 57.6%€92,941▼ 7.4%€91,126▼ 2.0%€150,850▲ 65.5%€116,664▼ 22.7%€88,396▼ 24.2%
Debt€192,110-€192,497▲ 0.2%€54,628▼ 71.6%€38,834▼ 28.9%€38,351▼ 1.2%€52,759▲ 37.6%€19,779▼ 62.5%€552▼ 97.2%
Working capital€81,805-€57,776▼ 29.4%-€16,569-€14,247▲ 14.0%-€23,914▼ 67.9%€22,886€23,497▲ 2.7%€14,456▼ 38.5%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,396
Fixed assets
€73,388 =
Current assets
€15,008 ▼ 65.3%
Equity and liabilities €88,396
Equity
€87,844 ▼ 9.3%
Debt
€552 ▼ 97.2%
Debt's share of the balance-sheet total falls from 17.0% to 0.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
27.21▲
2024 · 2.19
Debt to equity
0.01▼
2024 · 0.20
ROE
-10.3%▼
2024 · 3.3%
ROA
-10.2%▼
2024 · 2.8%
Debt ≤ 1 year
€552▼
2024 · €19,779
Income taxes
€7▼
2024 · €1,702
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,292 | €6,680 | €2,645 | €1,964 | €1,726 | €1,189 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €768 | €914 | €1,984 | €949 | €7,087 | ▲ 647% |
| Gross operating margin9900 | €26,866 | €39,463 | €12,476 | €17,915 | €30,971 | €71,826 | €5,485 | -€1,878 | - |
| Operating profit (loss)9901 | €16,333 | €31,128 | €9,064 | €15,184 | €28,331 | €68,653 | €4,537 | -€8,965 | - |
| Financial income75/76B | - | - | - | €39 | - | €170 | €747 | €73 | ▼ 90.3% |
| Recurring financial income75 | €264 | €33 | €73 | €39 | - | €170 | €747 | €73 | ▼ 90.3% |
| Financial charges65/66B | - | - | - | €1,869 | €729 | €782 | €363 | €141 | ▼ 61.1% |
| Recurring financial charges65 | €4,018 | €4,107 | €1,388 | €403 | €729 | €782 | €363 | €141 | ▼ 61.1% |
| Non-recurring financial charges66B | - | - | - | €1,466 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €12,578 | €27,054 | €7,749 | €13,353 | €27,602 | €68,040 | €4,921 | -€9,034 | - |
| Income taxes67/77 | €2,330 | €5,862 | €3,146 | €4,952 | €7,800 | €22,724 | €1,702 | €7 | ▼ 99.6% |
| Profit (loss) for the period9904 | €10,248 | €21,191 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | -€9,041 | - |
| Profit (loss) for the period to be appropriated9905 | €10,248 | €21,191 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | -€9,041 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €232,035 | €236,599 | €100,333 | €92,941 | €91,126 | €150,850 | €116,664 | €88,396 | ▼ 24.2% |
| Fixed assets21/28 | €80,236 | €85,958 | €77,768 | €74,338 | €76,689 | €75,499 | €73,388 | €73,388 | = |
| Tangible fixed assets22/27 | €6,848 | €12,570 | €4,380 | €950 | €3,301 | €2,111 | €0 | - | - |
| Land and buildings22 | - | - | - | - | - | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €330 | €59 | €1,081 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €380 | €1,375 | €1,031 | €0 | - | - |
| Other tangible fixed assets26 | - | - | - | €240 | €1,867 | - | - | - | - |
| Financial fixed assets28 | €73,388 | €73,388 | €73,388 | €73,388 | €73,388 | €73,388 | €73,388 | €73,388 | = |
| Current assets29/58 | €151,799 | €150,641 | €22,565 | €18,603 | €14,437 | €75,350 | €43,276 | €15,008 | ▼ 65.3% |
| Amounts receivable within one year40/41 | €20,552 | €10,365 | €1,291 | €4,681 | €5,864 | €1,422 | €9,606 | €6,823 | ▼ 29.0% |
| Trade receivables40 | - | - | - | €3,917 | €5,781 | €1,140 | €5,894 | €6,729 | ▲ 14.2% |
| Other amounts receivable41 | - | - | - | €765 | €83 | €282 | €3,712 | €94 | ▼ 97.5% |
| Current investments50/53 | - | - | - | - | - | €50,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €128,000 | €137,215 | €19,607 | €13,511 | €8,574 | €21,688 | €32,726 | €8,185 | ▼ 75.0% |
| Deferred charges and accrued income490/1 | - | - | - | €410 | - | €2,241 | €944 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €232,035 | €236,599 | €100,333 | €92,941 | €91,126 | €150,850 | €116,664 | €88,396 | ▼ 24.2% |
| Equity10/15 | €39,926 | €44,102 | €45,705 | €54,107 | €52,775 | €98,091 | €96,885 | €87,844 | ▼ 9.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €21,326 | €25,502 | €27,105 | €35,507 | €34,175 | €79,491 | €78,285 | €78,285 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Other1319 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €33,647 | €32,315 | €77,631 | €76,425 | €76,425 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | -€9,041 | - |
| Amounts payable17/49 | €192,110 | €192,497 | €54,628 | €38,834 | €38,351 | €52,759 | €19,779 | €552 | ▼ 97.2% |
| Amounts payable after more than one year17 | €120,358 | €98,822 | €13,656 | €5,496 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €5,496 | - | - | - | - | - |
| Amounts payable within one year42/48 | €69,994 | €92,864 | €39,135 | €32,850 | €38,351 | €52,464 | €19,779 | €552 | ▼ 97.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,152 | €5,496 | €0 | - | - | - |
| Trade debts44 | €6,251 | €7,827 | €4,754 | €12,065 | €127 | €6,009 | €991 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €12,065 | €127 | €6,009 | €991 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €12,632 | €12,059 | €26,129 | €14,584 | €6 | ▼ 100.0% |
| Taxes450/3 | - | - | - | €9,022 | €10,559 | €26,129 | €14,584 | €6 | ▼ 100.0% |
| Remuneration and social security454/9 | - | - | - | €3,610 | €1,500 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €20,670 | €20,327 | €4,204 | €546 | ▼ 87.0% |
| Accrued charges and deferred income492/3 | - | - | - | €489 | - | €294 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,248 | €21,191 | €4,603 | €8,402 | €19,802 | €45,316 | €3,219 | -€9,041 | - |
| + Depreciation and write-downs630 | €9,292 | €6,680 | €2,645 | €1,964 | €1,726 | €1,189 | €0 | - | - |
| Operating cash flow (approximation) | €19,541 | €27,872 | €7,248 | €10,365 | €21,528 | €46,506 | €3,219 | -€9,041 | - |
| Investment in fixed assets (approximation) | - | -€12,402 | €5,545 | €1,466 | -€4,077 | €0 | €2,111 | €0 | ▼ 100% |
| Change in cash | - | €9,215 | -€117,608 | -€6,095 | -€4,938 | €13,115 | €11,038 | -€24,541 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-06-2026 | 2026-00215945 |
| 31-12-2024 | abbreviated format | 11-06-2025 | 2025-00131601 |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00145949 |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00148782 |
| 31-12-2021 | abbreviated format | 01-06-2022 | 2022-20042493 |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-24600467 |
| 31-12-2019 | abbreviated format | 24-06-2020 | 2020-20100221 |
| 31-12-2018 | abbreviated format | 12-06-2019 | 2019-17600583 |
| 31-12-2017 | abbreviated format | 20-07-2018 | 2018-35600126 |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-25100550 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.