OTEURO
ActiveSummary
OTEURO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29.88M and a net result of €1.40M. Equity is growing by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity short (current ratio 0.33 against 1.38 in 2024; short-term debt: 6.9% and cash: 2.2% of total assets), and 6.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
4.4%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
15 d early
2022
12 d early
2021
37 d early
2020
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.40M▲ 13.6%
2024 · €1.23M
2020: €1.22M
2021: €560k▼ -54.0% vs 2020lowest in 6 years
2022: €999k▲ +78.4% vs 2021
2023: €903k▼ -9.6% vs 2022
2024: €1.23M▲ +36.5% vs 2023
2025: €1.40M▲ +13.6% vs 2024highest in 6 years
2020 → 2025
Working capital
€-1.49M
2024 · €527k
2020: €-3.17Mlowest in 6 years
2021: €-2.61M▲ +17.7% vs 2020
2022: €-1.61M▲ +38.3% vs 2021
2023: €-706k▲ +56.1% vs 2022
2024: €527k▲ +175% vs 2023highest in 6 years
2025: €-1.49M▼ -383% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25.34M-€26.34M▲ 3.9%€27.24M▲ 3.4%€28.48M▲ 4.5%€29.88M▲ 4.9%
2021: €25.34Mlowest in 5 years
2022: €26.34M▲ +3.9% vs 2021
2023: €27.24M▲ +3.4% vs 2022
2024: €28.48M▲ +4.5% vs 2023
2025: €29.88M▲ +4.9% vs 2024highest in 5 years
Operating result€-2k-€-11k▼ 360%€-14k▼ 35.9%€-28k▼ 96.3%€-18k▲ 35.3%
2021: €-2khighest in 5 years
2022: €-11k▼ -360% vs 2021
2023: €-14k▼ -35.9% vs 2022
2024: €-28k▼ -96.3% vs 2023lowest in 5 years
2025: €-18k▲ +35.3% vs 2024
Net result€560k-€999k▲ 78.4%€903k▼ 9.6%€1.23M▲ 36.5%€1.40M▲ 13.6%
2021: €560klowest in 5 years
2022: €999k▲ +78.4% vs 2021
2023: €903k▼ -9.6% vs 2022
2024: €1.23M▲ +36.5% vs 2023
2025: €1.40M▲ +13.6% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €28k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.09M
Fixed assets
€31.37M ▲ 12.2%
Current assets
€728k ▼ 61.6%
Equity and liabilities €32.09M
Equity
€29.88M ▲ 4.9%
Debt
€2.22M ▲ 61.6%
Debt's share of the balance-sheet total rises from 4.6% to 6.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.33▼
2024 · 1.38
Debt to equity
0.07▲
2024 · 0.05
ROE
4.7%▲
2024 · 4.3%
ROA
4.4%▲
2024 · 4.1%
Debt ≤ 1 year
€2.22M▲
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29.85M€32.09M▲
Fixed assets21/28€27.95M€31.37M▲
Financial fixed assets28€27.95M€31.37M▲
Current assets29/58€1.90M€728k▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Amounts receivable within one year40/41€17k€18k▲
Other amounts receivable41€17k€18k▲
Cash at bank and in hand54/58€1.88M€711k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€29.85M€32.09M▲
Equity10/15€28.48M€29.88M▲
Contributions10/11€23.56M€23.56M=
Capital10€23.56M€23.56M=
Issued capital100€23.56M€23.56M=
Reserves13€246k€316k▲
Non-distributable reserves130/1€246k€316k▲
Legal reserve130€246k€316k▲
Profit (loss) carried forward14€4.67M€6.00M▲
Amounts payable17/49€1.37M€2.22M▲
Amounts payable within one year42/48€1.37M€2.22M▲
Financial debts43-€2
Credit institutions430/8-€2
Trade debts44€12k€7k▼
Suppliers440/4€12k€7k▼
Other amounts payable47/48€1.36M€2.21M▲
Income statement
Code20242025
Gross operating margin9900€-28k€-18k▲
Operating profit (loss)9901€-28k€-18k▲
Financial income75/76B€1.27M€1.53M▲
Recurring financial income75€1.27M€1.53M▲
Financial charges65/66B€9k€106k▲
Recurring financial charges65€9k€106k▲
Profit (loss) for the period before taxes9903€1.23M€1.40M▲
Profit (loss) for the period9904€1.23M€1.40M▲
Profit (loss) for the period to be appropriated9905€1.23M€1.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.73M€6.07M▲
Profit (loss) brought forward from the previous period14P€3.50M€4.67M▲
Transfer to equity691/2€62k€70k▲
To the legal reserve6920€62k€70k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €-2k | €-11k | €-14k | €-28k | €-18k | ▲ 35.3% |
| Operating profit (loss)9901 | €-2k | €-11k | €-14k | €-28k | €-18k | ▲ 35.3% |
| Financial income75/76B | €563k | €1.01M | €927k | €1.27M | €1.53M | ▲ 20.1% |
| Recurring financial income75 | €563k | €1.01M | €927k | €1.27M | €1.53M | ▲ 20.1% |
| Financial charges65/66B | €164 | €156 | €10k | €9k | €106k | ▲ 1,091% |
| Recurring financial charges65 | €164 | €156 | €10k | €9k | €106k | ▲ 1,091% |
| Profit (loss) for the period before taxes9903 | €560k | €999k | €903k | €1.23M | €1.40M | ▲ 13.6% |
| Profit (loss) for the period9904 | €560k | €999k | €903k | €1.23M | €1.40M | ▲ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €560k | €999k | €903k | €1.23M | €1.40M | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29.80M | €29.30M | €29.11M | €29.85M | €32.09M | ▲ 7.5% |
| Fixed assets21/28 | €27.95M | €27.95M | €27.95M | €27.95M | €31.37M | ▲ 12.2% |
| Financial fixed assets28 | €27.95M | €27.95M | €27.95M | €27.95M | €31.37M | ▲ 12.2% |
| Current assets29/58 | €1.85M | €1.35M | €1.16M | €1.90M | €728k | ▼ 61.6% |
| Amounts receivable after more than one year29 | - | - | €951k | €0 | - | - |
| Trade receivables290 | - | - | €951k | €0 | - | - |
| Amounts receivable within one year40/41 | - | €269k | €16k | €17k | €18k | ▲ 5.6% |
| Other amounts receivable41 | - | €269k | €16k | €17k | €18k | ▲ 5.6% |
| Cash at bank and in hand54/58 | €1.85M | €1.08M | €183k | €1.88M | €711k | ▼ 62.2% |
| Deferred charges and accrued income490/1 | €0 | - | €10k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29.80M | €29.30M | €29.11M | €29.85M | €32.09M | ▲ 7.5% |
| Equity10/15 | €25.34M | €26.34M | €27.24M | €28.48M | €29.88M | ▲ 4.9% |
| Contributions10/11 | €23.56M | €23.56M | €23.56M | €23.56M | €23.56M | = |
| Capital10 | €23.56M | €23.56M | €23.56M | €23.56M | €23.56M | = |
| Issued capital100 | €23.56M | €23.56M | €23.56M | €23.56M | €23.56M | = |
| Reserves13 | €89k | €139k | €184k | €246k | €316k | ▲ 28.5% |
| Non-distributable reserves130/1 | €89k | €139k | €184k | €246k | €316k | ▲ 28.5% |
| Legal reserve130 | €89k | €139k | €184k | €246k | €316k | ▲ 28.5% |
| Profit (loss) carried forward14 | €1.69M | €2.64M | €3.50M | €4.67M | €6.00M | ▲ 28.5% |
| Amounts payable17/49 | €4.46M | €2.96M | €1.87M | €1.37M | €2.22M | ▲ 61.6% |
| Amounts payable within one year42/48 | €4.46M | €2.96M | €1.87M | €1.37M | €2.22M | ▲ 61.6% |
| Financial debts43 | - | - | - | - | €2 | - |
| Credit institutions430/8 | - | - | - | - | €2 | - |
| Trade debts44 | €182 | €182 | €960 | €12k | €7k | ▼ 40.4% |
| Suppliers440/4 | €182 | €182 | €960 | €12k | €7k | ▼ 40.4% |
| Other amounts payable47/48 | €4.46M | €2.96M | €1.87M | €1.36M | €2.21M | ▲ 62.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €560k | €999k | €903k | €1.23M | €1.40M | ▲ 13.6% |
| Operating cash flow (approximation) | €560k | €999k | €903k | €1.23M | €1.40M | ▲ 13.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-3.42M | - |
| Change in cash | - | €-770k | €-897k | €1.70M | €-1.17M | ▼ 169% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2020net €1.40M ▲13.6%
Net result €1.40M, the highest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.38
Current ratio from 0.62 to 1.38; short-term debt falls from €1.87M to €1.37M.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €560k ▼54%
Net result drops to €560k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €25MEq €25.34M ▲2.3%
2 profitable years in a row build equity to €25.34M.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Dilbeek · 1 establishment unit since 2019
Ground area
7.0 ha
Building footprint
1,142 m²
Parcel 23026A0001/00H000, Flanders. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
OTEURO
since 20192.290.209.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0001/00H000 | Flanders | 7.0 ha | 1 · 1,142 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded28-05-2019
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.