Turnover
≈ €130,000 estimated
The micro format states no turnover.
Otec
Lifetime
1 annual account with figurespeak €62,325 (2025)
€62,325
peak €46,772 (2025)
€46,772
peak €51,772 (2025)
€51,772
€27,454
Board1 name since 2025
1 directorOSTIJN Jorn Roger Jozef
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Incorporation 10-031 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Checked score
97
Excellent
Financially stronger than 76% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 0.5%
05-2026: 0.5%● unchanged vs 04-2026highest value
06-2026: 0.5%● unchanged vs 05-2026highest value
07-2026: < 0.1%▼ -0.5 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Liquidity: current ratio 2.84, cash €44,322
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €51,772 (65.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 63% of them on solvency, 76% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Otec has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Otec itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Otec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.84, above the usual 1.5. Short-term debt is 32.6% and cash 55.9% of total assets. 34.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
37 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1020764652
Incorporation
Founding capital of €5,000, 100 shares · Founder: OSTIJN Jorn Roger Jozef · Appointment: OSTIJN Jorn Roger Jozef (director) · published on 10-03-2025 · Gazette deed
First establishment
Bieststraat 3, Waregem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Otec Waregem | €79,226 | €62,325 | 65.3% | - |
| Jubast Consulting Waregem | €78,709 | €59,469 | 61.6% | - |
| ELECTRO CALLEWAERT Izegem | €68,366 | €67,824 | 60.0% | - |
| VERSI CONSULT Koksijde | €75,911 | €50,759 | 57.7% | - |
| Alpaka 2.0 Antwerp | €80,308 | €59,937 | 60.9% | - |
| INFRATECH CONSULT Brussels | €77,373 | €60,036 | 66.4% | - |
| Seby Engineering Ranst | €73,042 | €60,792 | 69.1% | - |
These companies have the same main activity as Otec: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €68,400 and €80,300, founded in 2025.
Official details
Source: KBO- Status
- Active since 06-03-2025Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 3 others
- Establishment unit
- 2.371.085.0248790 Waregem, since 06-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2025
Annual accounts 2025
- €79,226
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on Otec
Otec has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,772 and a net result of €46,772.
Its solvency ranks better than 62% of 11,794 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Otec
- What is the company number of Otec?
- The company number of Otec is 1020.764.652. The VAT number is the same number with BE in front: BE 1020.764.652.
- Where is Otec based?
- The registered office is at Bieststraat 3, 8790 Waregem.Company details
- What does Otec do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Otec?
- Otec is a private limited company (BV).
- When was Otec founded?
- Otec was founded on 06-03-2025.
- Is Otec still active?
- Yes, Otec is an active enterprise in the KBO register.
- What is the turnover of Otec?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €62,325 and 45 comparable companies (NACE 711). It probably lies between €100,000 and €180,000.Financials
- Is Otec profitable?
- In financial year 2025, Otec made a profit of €46,772.
- Where can I find the annual accounts of Otec?
- Otec filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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