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OTES

Active Private limited companyfounded 2013active for 13 yearsZijpstraat 11, 1851 GrimbergenKBO/BCE: BE 0537.917.854

Lifetime

12 annual accounts with figures on one time axis
peak €162,109 (2024)
€151,869▼ 6.3%
lowest -€1,973 (2014)
€63,457▼ 6.7%
peak €347,622 (2025)
€347,622▲ 7.2%
€107,823▲ 13.9%
peak 0.8 FTE (2019)
-not published
Board1 name since 2013
1 director
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Dividend €40,063Cash from €137,499 to €233,146

Key points

from the 2025 annual accounts

Equity

€347,622 ▲ 7.2%
324,2272024+63,457Profit-40,063Dividend347,6222025

OTES paid out €40,063 in dividends. That is 63% of the 2025 profit.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Eight of the last ten came late. The 2017 accounts came latest: 58 days after the end of the period.

Position in the sector

€347,622

More equity than 90% of companies in security and investigation. Sector median €48,776 · 355 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as OTES has now. Each dot stands for 87 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 34,721 companies, not a prediction for OTES. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 04-09-2013
Board & ownership

Recent changes

Security firm approval (alarm systems) renewed Decision of 07-06-2024, published on 21-11-2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:0537917854
Security firm approval (camera systems) granted Decision of 07-10-2021, published on 31-05-2024
Registered office moved from Evere to Humbeek New registered office: Zijpstraat 11, 1851 Humbeek · Previous registered office: Jules Bordetlaan 142, 1140 Evere · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 30-12-2019 · Gazette deed
All 25 events

Comparable companies

same main activity, similar in size and age
Company
OTES Grimbergen €455,445 €151,869 76.3% -
ALFA POS CONTROL Wijnegem €365,648 €162,652 38.7% 2
DL-Solution Nazareth-De Pinte €368,356 €118,389 12.8% -
DISTRIBODE Beyne-Heusay €333,464 €146,935 69.6% -
MP - ELEC Bernissart €414,015 €151,984 79.5% -
Lock Security Tournai €410,399 €94,600 27.9% -
ATELIER BOONEN Molenbeek-Saint-Jean €662,619 €127,868 83.1% -

These companies have the same main activity as OTES: investigation and security activities (NACE 80090). They are comparable in size and age: total assets between €333,000 and €663,000, founded between 2009 and 2015.

Official details

Source: KBO
Status
Active since 04-09-2013Normal situation
Activity
Investigation and security activitiesNACE 80090and 1 other
Establishment unit
2.221.582.6841851 Grimbergen, since 09-09-2013
Financial year end
31 December
Peppol
Reachable since 15-05-2024
Company details

Annual accounts 2025

≈ €380,000estimated
€455,445▲ 8.7%
Employeeson 31-12-2025
1=
Filing
Filed on 26-08-2026
Financials

Insights on OTES

OTES files the micro format. That format states no turnover. The gross margin rose from €23,805 in 2014 to €151,869 in 2025.

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 OTES

What is the company number of OTES?
The company number of OTES is 0537.917.854. The VAT number is the same number with BE in front: BE 0537.917.854.
Where is OTES based?
The registered office is at Zijpstraat 11, 1851 Grimbergen.Company details
What does OTES do?
According to the KBO register, the main activity is investigation and security activities (NACE 80090).
What is the legal form of OTES?
OTES is a private limited company (BV).
When was OTES founded?
OTES was founded on 04-09-2013.
Is OTES still active?
Yes, OTES is an active enterprise in the KBO register.
How many employees does OTES have?
OTES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of OTES?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €151,869 and 2,459 comparable companies of the same size. It probably lies between €250,000 and €590,000. It is a rough estimate.
Is OTES profitable?
In financial year 2025, OTES made a profit of €63,457.
Where can I find the annual accounts of OTES?
OTES filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OTES due?
OTES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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