Overdue debts
The annual accounts state €7,281 of overdue tax debts and €47,568 of overdue social security (RSZ) debts on 31-12-2025.
The annual accounts state €7,281 of overdue tax debts and €47,568 of overdue social security (RSZ) debts on 31-12-2025.
Debts exceed assets in financial year 2025.
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Between 2022 and 2025, 51% of the full-time equivalents disappeared.
Short-term debts rose from €44,541 to €88,908.
In July 2024, 6,920 companies had the same profile as OTESIMA has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
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.
| 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 6,920 companies, not a prediction for OTESIMA. 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.
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.
| Company | ||||
|---|---|---|---|---|
| OTESIMA Charleroi | €373,753 | -18.5% | -46.5% | - |
| RD RESTAURATION Tournai | €188,878 | 12.7% | -5.8% | 2 |
| LIMS Trading Sint-Gillis (bij-Brussel) | - | - | -62.2% | - |
| Qap de l' eau Antwerp | - | - | -177.3% | - |
| La Piazzetta Sprimont | - | - | 71.8% | - |
| Ine Broodjes & Koffiekletz Bree | - | - | 11.8% | - |
| Ja-Sas Duffel | - | - | 60.1% | - |
Grey: the largest companies of the sector (food and beverage service (NACE 56)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as OTESIMA: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €57,100 and €68,500, founded between 2015 and 2016.
OTESIMA files the micro format. That format states no turnover. The gross margin rose from €50,345 in 2015 to €89,433 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.
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