OTHELLO
ActiveOTHELLO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €29k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 10.62 against 8.39 in 2024; short-term debt: 9.3% and cash: 3.5% of total assets), and 9.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
90.7%
Return on assets
8.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
14 d early
2023
28 d early
2022
42 d early
2021
54 d early
2020
40 d early
2019
4 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€297k▲ 10.7%
2024 · €268k
2018: €42k
2019: €85k
2020: €98k
2021: €158k
2022: €177k
2023: €189k
2024: €268k
2018 → 2025
Total assets
€327k▲ 7.5%
2024 · €304k
2018: €111k
2019: €139k
2020: €181k
2021: €222k
2022: €279k
2023: €357k
2024: €304k
2018 → 2025
Net result
€29k▼ 63.9%
2024 · €79k
2018: €-616
2019: €43k
2020: €79k
2021: €130k
2022: €148k
2023: €111k
2024: €79k
2018 → 2025
Working capital
€294k▲ 9.9%
2024 · €267k
2018: €14k
2019: €65k
2020: €77k
2021: €150k
2022: €174k
2023: €188k
2024: €267k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€177k▲ 12.2%€189k▲ 6.3%€268k▲ 42.1%€297k▲ 10.7%
Operating result€174k-€241k▲ 38.5%€143k▼ 40.7%€112k▼ 21.9%€39k▼ 65.4%
Net result€130k-€148k▲ 14.3%€111k▼ 25.0%€79k▼ 28.7%€29k▼ 63.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 65% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€3k▲ 239%
Current assets
€324k▲ 6.8%
Equity and liabilities €327k
Equity
€297k▲ 10.7%
Debt
€31k▼ 16.1%
The debt ratio falls from 12.0% to 9.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €113k
Cash flow
€29k▼
2024 · €80k
Solvency
90.7%▲
2024 · 88.0%
Current ratio
10.62▲
2024 · 8.39
Quick ratio
10.62▲
2024 · 8.39
Debt / equity
0.10▼
2024 · 0.14
ROE
9.7%▼
2024 · 29.6%
ROA
8.8%▼
2024 · 26.1%
Interest coverage
24.13▼
2024 · 30.08
Debt
€31k▼
2024 · €36k
Debt ≤ 1 year
€31k▼
2024 · €36k
Income taxes
€17k▼
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€304k€327k▲
Fixed assets21/28€879€3k▲
Tangible fixed assets22/27€879€3k▲
Plant, machinery and equipment23€0€3k▲
Other tangible fixed assets26€879€405▼
Current assets29/58€303k€324k▲
Amounts receivable after more than one year29€250k€250k=
Other amounts receivable291€250k€250k=
Amounts receivable within one year40/41€45k€59k▲
Trade receivables40€0€135▲
Other amounts receivable41€45k€59k▲
Cash at bank and in hand54/58€4k€11k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€304k€327k▲
Equity10/15€268k€297k▲
Contributions10/11€19k€19k=
Reserves13€229k€258k▲
Distributable reserves133€229k€258k▲
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€36k€31k▼
Amounts payable within one year42/48€36k€31k▼
Financial debts43€12k€10k▼
Credit institutions430/8€12k€10k▼
Trade debts44€1k€805▼
Suppliers440/4€1k€805▼
Taxes, remuneration and social security45€23k€20k▼
Taxes450/3€23k€20k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€208€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€977€809▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€115k€42k▼
Operating profit (loss)9901€112k€39k▼
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€118k€46k▼
Income taxes67/77€38k€17k▼
Profit (loss) for the period9904€79k€29k▼
Profit (loss) for the period to be appropriated9905€79k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€49k▼
Profit (loss) brought forward from the previous period14P€20k€20k=
Transfer to equity691/2€79k€29k▼
To other reserves6921€79k€29k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 8.39
Current ratio from 2.12 to 8.39; short-term debt falls from €168k to €36k.
31-12
Financial
Equity above €200kEq €268k ▲42.1%
6 profitable years in a row build equity to €268k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €148k ▲14.3%
Operating result €241k, net result €148k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €158k ▲60.6%
3 profitable years in a row build equity to €158k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.82
Current ratio from 1.33 to 2.82; short-term debt falls from €44k to €36k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lasne · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin d'Odrimont 401380 LasneGround area
2,681 m²
Building footprint
157 m²
Parcel 25076C0041/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin d'Odrimont 40, 1380 Lasne
since 19942.065.137.126
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076C0041/00H002 | Wallonia | 2,681 m² | 1 · 157 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
529900SYU7QIYAJZPQ56
Similar companies · same sector, comparable size
sts SMULDERS
BE 0809.300.494
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BOUWBEMIDDELING
BE 0478.185.947
Lebbeke · Eq €297k
CARUSO
BE 0459.654.195
Wortegem-Petegem · Eq €298k
Q - QUADRAAT
BE 0472.373.766
Gent · Eq €295k
SERVITRANS
BE 0831.466.875
Quaregnon · Eq €298k
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,733 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-1994
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.