Otherwise
ActiveSummary
Otherwise has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422,298 and a net result of €47,635. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+16
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 11.5 against 16.03 in 2024; short-term debt: 8.6% and cash: 30.2% of total assets), and 8.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
91.4%
Return on assets
10.3%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
on the day
2022
24 d late
2021
4 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€422,298▲ 12.7%
2024 · €374,663
Total assets
€462,121▲ 15.8%
2024 · €399,210
Net result
€47,635▲ 4.7%
2024 · €45,483
Working capital
€417,628▲ 13.3%
2024 · €368,654
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€82,324▲ 256%€62,968▼ 23.5%€73,031▲ 16.0%€30,259▼ 58.6%€69,424▲ 129%
Net result€54,694above the sector's middle half▲ 268%€41,036within the sector's middle half▼ 25.0%€21,940within the sector's middle half▼ 46.5%€45,483above the sector's middle half▲ 107%€47,635above the sector's middle half▲ 4.7%
Equity€266,204above the sector's middle half▲ 25.9%€307,240above the sector's middle half▲ 15.4%€329,180above the sector's middle half▲ 7.1%€374,663above the sector's middle half▲ 13.8%€422,298above the sector's middle half▲ 12.7%
Total assets€305,523within the sector's middle half▲ 31.1%€363,704above the sector's middle half▲ 19.0%€377,357above the sector's middle half▲ 3.8%€399,210above the sector's middle half▲ 5.8%€462,121above the sector's middle half▲ 15.8%
Debt€39,319▲ 83.2%€56,464▲ 43.6%€48,177▼ 14.7%€24,547▼ 49.0%€39,822▲ 62.2%
Working capital€257,788▲ 23.8%€300,677▲ 16.6%€322,640▲ 7.3%€368,654▲ 14.3%€417,628▲ 13.3%
Solvency87.1%above the sector's middle half▼ 3.7pp84.5%above the sector's middle half▼ 2.7pp87.2%above the sector's middle half▲ 2.8pp93.9%above the sector's middle half▲ 6.6pp91.4%above the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 129% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €462,121
Fixed assets
€4,707 ▼ 21.9%
Current assets
€457,413 ▲ 16.3%
Equity and liabilities €462,121
Equity
€422,298 ▲ 12.7%
Debt
€39,822 ▲ 62.2%
Debt's share of the balance-sheet total rises from 6.1% to 8.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71,268▲
2024 · €31,968
Cash flow
€49,479▲
2024 · €47,192
Current ratio
11.50▼
2024 · 16.03
Debt to equity
0.09▲
2024 · 0.07
ROE
11.3%▼
2024 · 12.1%
ROA
10.3%▼
2024 · 11.4%
Interest coverage
204.26▲
2024 · -1.19
Debt ≤ 1 year
€39,786▲
2024 · €24,525
Income taxes
€24,124▲
2024 · €14,249
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 20,082 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €8,062 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,666 | €2,494 | €1,320 | €1,709 | €1,844 | ▲ 7.9% |
| Other operating charges640/8 | €568 | €533 | €537 | €889 | €561 | ▼ 36.9% |
| Gross operating margin9900 | €85,559 | €65,994 | €74,887 | €32,857 | €71,829 | ▲ 119% |
| Operating profit (loss)9901 | €82,324 | €62,968 | €73,031 | €30,259 | €69,424 | ▲ 129% |
| Financial income75/76B | €122 | €1,208 | €43 | €2,568 | €2,684 | ▲ 4.5% |
| Recurring financial income75 | €122 | €1,208 | €43 | €2,568 | €2,684 | ▲ 4.5% |
| Financial charges65/66B | €76 | €545 | €28,739 | -€26,905 | €349 | ▲ 101% |
| Recurring financial charges65 | €76 | €545 | €28,739 | -€26,905 | €349 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €82,370 | €63,630 | €44,334 | €59,732 | €71,760 | ▲ 20.1% |
| Income taxes67/77 | €27,676 | €22,594 | €22,394 | €14,249 | €24,124 | ▲ 69.3% |
| Profit (loss) for the period9904 | €54,694 | €41,036 | €21,940 | €45,483 | €47,635 | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | €54,694 | €41,036 | €21,940 | €45,483 | €47,635 | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €305,523 | €363,704 | €377,357 | €399,210 | €462,121 | ▲ 15.8% |
| Fixed assets21/28 | €9,056 | €6,563 | €6,539 | €6,031 | €4,707 | ▼ 21.9% |
| Tangible fixed assets22/27 | €9,006 | €6,513 | €6,489 | €5,981 | €4,657 | ▼ 22.1% |
| Land and buildings22 | €4,629 | €4,129 | €3,629 | €3,129 | €2,629 | ▼ 16.0% |
| Plant, machinery and equipment23 | €1,230 | €556 | €1,557 | €2,073 | €1,774 | ▼ 14.4% |
| Furniture and vehicles24 | €3,147 | €1,828 | €1,303 | €779 | €254 | ▼ 67.3% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €296,467 | €357,141 | €370,818 | €393,179 | €457,413 | ▲ 16.3% |
| Amounts receivable within one year40/41 | €32,707 | €50,892 | €42,762 | €44,410 | €57,648 | ▲ 29.8% |
| Trade receivables40 | €30,859 | €50,892 | €42,762 | €38,528 | €54,127 | ▲ 40.5% |
| Other amounts receivable41 | €1,848 | - | - | €5,882 | €3,521 | ▼ 40.1% |
| Current investments50/53 | €159,200 | €184,407 | €180,428 | €232,583 | €258,248 | ▲ 11.0% |
| Cash at bank and in hand54/58 | €102,946 | €118,628 | €145,435 | €113,697 | €139,603 | ▲ 22.8% |
| Deferred charges and accrued income490/1 | €1,614 | €3,214 | €2,192 | €2,489 | €1,913 | ▼ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €305,523 | €363,704 | €377,357 | €399,210 | €462,121 | ▲ 15.8% |
| Equity10/15 | €266,204 | €307,240 | €329,180 | €374,663 | €422,298 | ▲ 12.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | €12,400 | €12,400 | - | - | - | - |
| Other1109/19 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €253,804 | €294,840 | €316,780 | €362,263 | €409,898 | ▲ 13.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | €112 | €112 | €112 | €112 | €112 | = |
| Distributable reserves133 | €251,832 | €292,868 | €314,808 | €362,151 | €409,787 | ▲ 13.2% |
| Amounts payable17/49 | €39,319 | €56,464 | €48,177 | €24,547 | €39,822 | ▲ 62.2% |
| Amounts payable within one year42/48 | €38,678 | €56,464 | €48,177 | €24,525 | €39,786 | ▲ 62.2% |
| Trade debts44 | €4,416 | €12,433 | €34,340 | €14,499 | €18,169 | ▲ 25.3% |
| Suppliers440/4 | €4,416 | €12,433 | €34,340 | €14,499 | €18,169 | ▲ 25.3% |
| Taxes, remuneration and social security45 | €24,645 | €40,519 | €11,821 | €10,026 | €21,617 | ▲ 116% |
| Taxes450/3 | €24,645 | €40,519 | €11,821 | €10,026 | €21,617 | ▲ 116% |
| Other amounts payable47/48 | €9,617 | €3,511 | €2,016 | €0 | - | - |
| Accrued charges and deferred income492/3 | €641 | - | - | €22 | €37 | ▲ 66.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,694 | €41,036 | €21,940 | €45,483 | €47,635 | ▲ 4.7% |
| + Depreciation and write-downs630 | €2,666 | €2,494 | €1,320 | €1,709 | €1,844 | ▲ 7.9% |
| Operating cash flow (approximation) | €57,361 | €43,530 | €23,260 | €47,192 | €49,479 | ▲ 4.8% |
| Investment in fixed assets (approximation) | - | €0 | -€1,297 | -€1,201 | -€521 | ▲ 56.6% |
| Change in cash | - | €15,682 | €26,807 | -€31,738 | €25,906 | ▲ 182% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 16.03
Current ratio from 7.70 to 16.03; short-term debt falls from €48,177 to €24,525.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €54,694 ▲268%
Operating result €82,324, net result €54,694, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €14,856 ▼52.8%
Net result drops to €14,856, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200,000Eq €216,641 ▲17%
2 profitable years in a row build equity to €216,641.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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.
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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, Keerbergen · 1 establishment unit since 2003
Ground area
4,541 m²
Building footprint
465 m²
Volume, LiDAR
2,119 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Schrieksebaan 11 A, 3140 Keerbergen
since 20032.126.250.490
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048D0319/00W000indicative | Flanders | 2,798 m² | 1 · 227 m² | 6.6 m · 1 fl. |
| 24472G0042/00N002 | Flanders | 1,743 m² | 1 · 237 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 4,394 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
Founded13-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479773183
Also
9925:BE0479773183
Registered
22-12-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.