Otentik
ActiveSummary
The computed 12-month bankruptcy probability of Otentik is 1.6% (moderate). The 2025 annual accounts show equity of €41,489 and a net result of -€9,764. Equity is shrinking by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 1311 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+13
Solvency39▼-3
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.28 in 2024; short-term debt: 28.3% and cash: 9.2% of total assets), and 85.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.2%
Return on assets
-3.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€9,764
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€41,489▼ 19.1%
2024 · €51,253
Total assets
€292,674▼ 4.2%
2024 · €305,527
Net result
-€9,764▲ 34.8%
2024 · -€14,982
Working capital
-€53,777▲ 3.2%
2024 · -€55,554
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
Line202320242025
Operating result-€6,140--€11,041▼ 79.8%-€5,982▲ 45.8%
Net result-€13,764--€14,982▼ 8.8%-€9,764▲ 34.8%
Equity€66,236-€51,253▼ 22.6%€41,489▼ 19.1%
Total assets€327,931-€305,527▼ 6.8%€292,674▼ 4.2%
Debt€261,695-€254,274▼ 2.8%€251,185▼ 1.2%
Working capital-€52,822--€55,554▼ 5.2%-€53,777▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,982 in 2025 against €11,041 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292,674
Fixed assets
€263,629 ▼ 7.3%
Current assets
€29,045 ▲ 37.4%
Equity and liabilities €292,674
Equity
€41,489 ▼ 19.1%
Debt
€251,185 ▼ 1.2%
Debt's share of the balance-sheet total rises from 83.2% to 85.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,778▲
2024 · €10,230
Cash flow
€10,996▲
2024 · €6,289
Current ratio
0.35▲
2024 · 0.28
Quick ratio
0.35▲
2024 · 0.27
Debt to equity
6.05▲
2024 · 4.96
ROE
-23.5%▲
2024 · -29.2%
ROA
-3.3%▲
2024 · -4.9%
Interest coverage
3.91▲
2024 · 2.58
Debt ≤ 1 year
€82,822▲
2024 · €76,692
Debt > 1 year
€168,215▼
2024 · €177,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,270 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
3.6%
went bankrupt
2.0%
stopped otherwise
93%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,270 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,415 | €21,272 | €20,760 | ▼ 2.4% |
| Other operating charges640/8 | €2,223 | €1,821 | €2,055 | ▲ 12.9% |
| Gross operating margin9900 | €28,498 | €12,051 | €16,833 | ▲ 39.7% |
| Operating profit (loss)9901 | -€6,140 | -€11,041 | -€5,982 | ▲ 45.8% |
| Financial income75/76B | €96 | €20 | - | - |
| Recurring financial income75 | €96 | €20 | - | - |
| Financial charges65/66B | €7,720 | €3,961 | €3,782 | ▼ 4.5% |
| Recurring financial charges65 | €7,720 | €3,961 | €3,782 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | -€13,764 | -€14,982 | -€9,764 | ▲ 34.8% |
| Profit (loss) for the period9904 | -€13,764 | -€14,982 | -€9,764 | ▲ 34.8% |
| Profit (loss) for the period to be appropriated9905 | -€13,764 | -€14,982 | -€9,764 | ▲ 34.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €327,931 | €305,527 | €292,674 | ▼ 4.2% |
| Fixed assets21/28 | €305,660 | €284,389 | €263,629 | ▼ 7.3% |
| Intangible fixed assets21 | €922 | €642 | €362 | ▼ 43.6% |
| Tangible fixed assets22/27 | €304,738 | €283,747 | €263,267 | ▼ 7.2% |
| Land and buildings22 | €271,447 | €256,289 | €241,131 | ▼ 5.9% |
| Plant, machinery and equipment23 | €32,343 | €26,794 | €21,757 | ▼ 18.8% |
| Furniture and vehicles24 | €948 | €663 | €378 | ▼ 43.0% |
| Current assets29/58 | €22,270 | €21,138 | €29,045 | ▲ 37.4% |
| Stocks and contracts in progress3 | €790 | €283 | €305 | ▲ 7.8% |
| Stocks30/36 | €790 | €283 | €305 | ▲ 7.8% |
| Amounts receivable within one year40/41 | €1,392 | €599 | €931 | ▲ 55.5% |
| Trade receivables40 | €1,377 | €576 | €902 | ▲ 56.5% |
| Other amounts receivable41 | €14 | €22 | €29 | ▲ 31.3% |
| Current investments50/53 | €19,581 | - | - | - |
| Cash at bank and in hand54/58 | - | €19,585 | €27,038 | ▲ 38.1% |
| Deferred charges and accrued income490/1 | €507 | €673 | €771 | ▲ 14.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €327,931 | €305,527 | €292,674 | ▼ 4.2% |
| Equity10/15 | €66,236 | €51,253 | €41,489 | ▼ 19.1% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | = |
| Profit (loss) carried forward14 | -€13,764 | -€28,747 | -€38,511 | ▼ 34.0% |
| Amounts payable17/49 | €261,695 | €254,274 | €251,185 | ▼ 1.2% |
| Amounts payable after more than one year17 | €186,603 | €177,500 | €168,215 | ▼ 5.2% |
| Financial debts170/4 | €186,603 | €177,500 | €168,215 | ▼ 5.2% |
| Amounts payable within one year42/48 | €75,092 | €76,692 | €82,822 | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | €8,912 | €9,102 | €9,286 | ▲ 2.0% |
| Trade debts44 | €5,281 | €4,942 | €8,697 | ▲ 76.0% |
| Suppliers440/4 | €5,281 | €4,942 | €8,697 | ▲ 76.0% |
| Advances received on contracts in progress46 | €2,415 | €2,390 | €3,585 | ▲ 50.0% |
| Taxes, remuneration and social security45 | €667 | €245 | €896 | ▲ 266% |
| Taxes450/3 | €667 | €245 | €896 | ▲ 266% |
| Other amounts payable47/48 | €57,817 | €60,013 | €60,359 | ▲ 0.6% |
| Accrued charges and deferred income492/3 | - | €81 | €148 | ▲ 82.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,764 | -€14,982 | -€9,764 | ▲ 34.8% |
| + Depreciation and write-downs630 | €32,415 | €21,272 | €20,760 | ▼ 2.4% |
| Operating cash flow (approximation) | €18,651 | €6,289 | €10,996 | ▲ 74.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | - | €7,454 | - |
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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€14,982
Net result drops to -€14,982, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Zuienkerke · 1 establishment unit since 2022
Ground area
829 m²
Building footprint
507 m²
Volume, LiDAR
3,939 m³
2 parcels, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Otentik
since 20222.326.747.710
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31042D0093/00H003 | Flanders | 493 m² | 1 · 279 m² | 13.2 m · 3 fl. |
| 31042D0093/00N003 | Flanders | 335 m² | 1 · 228 m² | 13.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZuienkerke2.326.747.710
Similar companies · same sector, comparable size
CASARA
BE 0799.600.890
Seraing · Eq €41,801
HET ZILTE ZAND
BE 0822.443.796
Middelkerke · Eq €42,196
BARABAS
BE 0750.837.507
Brugge · Eq €42,660
VANCALI
BE 1011.064.454
Jalhay · Eq €43,194
PRODESIGN
BE 0479.628.970
Nijlen · Eq €39,553
Of 1,854 companies in sector 55204 we hold annual accounts for 449. 340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-01-2022
Fiscal year end30-09
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0780574143
Also
9925:BE0780574143
Registered
23-10-2024
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.