Turnover
≈ €130,000 estimated
The micro format states no turnover.
Otec
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
- €62,325
- €46,772
- €51,772
- €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.
Financials
Annual accounts 2025
micro format, filed on 24-06-2026, 37 days before the deadline€62,325
€59,580
€46,772
€47,656
65.3%
2.84
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €100,000 and €180,000.
Balance sheet
balance sheet total €79,226 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
65.3%
Higher than 62% of 11,794 companies in 2025.
2.84
Higher than 62% of 11,521 companies in 2025.
59.0%
Higher than 95% of 11,605 companies in 2025.
Otec
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
79,226 | |
21/28 |
5,717 | |
22/27 |
5,717 | |
24 |
5,717 | |
29/58 |
73,509 | |
40/41 |
28,730 | |
40 |
28,730 | |
54/58 |
44,322 | |
490/1 |
457 | |
| Balance sheet: equity and liabilities | ||
10/49 |
79,226 | |
10/15 |
51,772 | |
10/11 |
5,000 | |
13 |
46,772 | |
133 |
46,772 | |
17/49 |
27,454 | |
42/48 |
25,854 | |
44 |
2,772 | |
440/4 |
2,772 | |
45 |
22,040 | |
450/3 |
22,040 | |
47/48 |
1,041 | |
492/3 |
1,600 | |
| Income statement | ||
9900 |
62,325 | |
630 |
1,309 | |
640/8 |
1,437 | |
9901 |
59,580 | |
75/76B |
59 | |
75 |
59 | |
65/66B |
88 | |
65 |
88 | |
9903 |
59,551 | |
67/77 |
12,779 | |
9904 |
46,772 | |
9905 |
46,772 | |
| Appropriation of the result | ||
9906 |
46,772 | |
691/2 |
46,772 | |
6921 |
46,772 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00208878 |
Subsidies and aid
Flemish government 2025, 1 entry, €97 awarded
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 60,889 | ||
| 48,081 | ||
| 7,025 | ||
| 47,656 | ||
| 65.3% | ||
| 2.84 | ||
| 0.53 | ||
| 90.3% | ||
| 59.0% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €7,025 |
| €1,309 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Otec
Debt's share of the balance-sheet total is 34.7%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 06-03-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 24-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 10-03-2025
Mandates through the years
1 name, the dashed line is todayOSTIJN Jorn Roger Jozef
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- OSTIJN Jorn Roger Jozef
- Director (not named in the articles), from 06-03-2025 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €518 in 2025
- Source
- deed of 10-03-2025
Articles of association
deed of 10-03-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of June at 10:00
Shareholders
At incorporation
deed of 10-03-2025 ↗
- OSTIJN Jorn Roger Jozef 100 shares (100%) · €5,000
Network & group
No group
Otec has no parent and no holdings in its annual accounts. OSTIJN Jorn Roger Jozef is the only director. Otec shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 37 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1020764652
IncorporationFounding capital of €5,000, 100 shares · Founder: OSTIJN Jorn Roger Jozef · Appointment: OSTIJN Jorn Roger Jozef (director) · published on 10-03-20254 points ▸
- Registered office clause, Bieststraat 3, 8790 Waregem
- Founder, OSTIJN Jorn Roger Jozef
- Founding capital, €5,000, 100 shares
- Director appointment, OSTIJN Jorn Roger Jozef (director (not named in the articles))
- The deed holds 1 more point.
First establishment Bieststraat 3, Waregem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1020.764.652
- VAT number
- BE 1020.764.652
- Peppol ID
- 0208:1020764652
- Other Peppol ID
- 9925:BE1020764652
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-03-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of June at 10:00deed of 10-03-2025 (in Dutch)
- Peppol
- Reachable since 28-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Otec in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 10-03-2025 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Studie- & adviesbureau; Engineering; Algemeen, financieel, commercieel en operationeel management; Projectleiding en projectmanagement…”deed of 10-03-2025 (in Dutch)
33 activities
- Studie- & adviesbureau
- Engineering
- Algemeen, financieel, commercieel en operationeel management
- Projectleiding en projectmanagement
- Consulting
- Projectontwikkeling voor residentiële en niet-residentiële gebouwen en infrastructuurwerken
- Het oprichten van woningen en gebouwen in de ruimste zin van het woord
- Het oprichten en/of laten oprichten van 'sleutelklare' woningen en gebouwen
- Het aankopen, verkopen en verhuren van deze woningen en gebouwen
- De restauratie en renovatie van gebouwen en monumenten
- De algemene coördinatie van de werkzaamheden op de bouwwerf
- Het uitvoeren van werken al dan niet in coördinatie met onderaannemers
- Algemeen aannemer
- Algemeen schrijnwerk
- Dakdekkers- & waterdichtingsactiviteiten
- Eindafwerkingsactiviteiten
- Elektrotechnische installaties, installatie, onderhoud en herstellingen
- Installatie-, onderhoud & herstellingsactiviteiten voor verwarming, koeling, ventilatie, klimaatregeling en sanitair.
- Plaatsen/herstellen van schrijnwerker - glazenmaker
- Ruwbouwactiviteiten
- Stukadoor-, cementeer- & dekvloeractiviteiten
- Tegel-, marmer- & natuursteenactiviteiten
- Frigorist
- Restauratiewerken
- Algemene bouwwerkzaamheden
- Verwijderen van asbest
- Onderneming in onroerende goederen, de bouwpromotie
- De aankoop- & verkoop, de vervaardiging en de plaatsing van alle bouwmaterialen
- Groothandel en kleinhandel in installatieproducten en -materialen
- Groothandel en kleinhandel in bouwproducten en -materialen
- Het verkopen, verhuren of herstellen van alle aannemers- en vervoermateriaal
- Het vervoer voor eigen rekening en voor rekening van derden
- Preventieadvisering een veiligheidscoördinatie
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Bieststraat 3 registered office 8790 Waregem | 06-03-2025 | 2.371.085.024 |
Buildings and parcels at the address
- Ground area
- 465 m²
- Buildings
- 90 m²
- Volume, LiDAR
- 703 m³
- Tallest building
- 11.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34040C1250/00H004 | 465 m² | 1 · 90 m² | 11.3 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1020.764.652