OTIG
ActiveThe computed 12-month bankruptcy probability of OTIG is 2.2% (moderate). The 2024 annual accounts show equity of €66k and a net result of €22k. Equity is growing by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 84% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+13
Solvency100▲+22
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 2.6 in 2023; short-term debt: 25% and cash: 75.7% of total assets), and 25% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
12 d late
2022
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€66k▲ 50.7%
2023 · €44k
2022: €32k
2023: €44k
2022 → 2024
Total assets
€88k▲ 6.4%
2023 · €83k
2022: €53k
2023: €83k
2022 → 2024
Net result
€22k▲ 84.8%
2023 · €12k
2022: €26k
2023: €12k
2022 → 2024
Working capital
€62k▲ 31.9%
2023 · €47k
2022: €26k
2023: €47k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€32k-€44k▲ 37.8%€66k▲ 50.7%
Operating result€39k-€18k▼ 53.7%€33k▲ 83.0%
Net result€26k-€12k▼ 53.4%€22k▲ 84.8%
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 2024; 2024 is 83% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€4k▼ 35.5%
Current assets
€84k▲ 10.2%
Equity and liabilities €88k
Equity
€66k▲ 50.7%
Debt
€22k▼ 43.5%
The debt ratio falls from 47.0% to 25.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2023 · €20k
Cash flow
€25k▲
2023 · €14k
Solvency
75.0%▲
2023 · 53.0%
Current ratio
3.81▲
2023 · 2.60
Quick ratio
3.81▲
2023 · 2.60
Debt / equity
0.33▼
2023 · 0.89
ROE
33.6%▲
2023 · 27.4%
ROA
25.2%▲
2023 · 14.5%
Interest coverage
87.05▼
2023 · 112.25
Debt
€22k▼
2023 · €39k
Debt ≤ 1 year
€22k▼
2023 · €29k
Income taxes
€10k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€83k€88k▲
Formation expenses20€418€230▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€76k€84k▲
Amounts receivable within one year40/41€13k€17k▲
Trade receivables40€12k€15k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€63k€67k▲
Deferred charges and accrued income490/1-€103
Equity and liabilities
Total equity and liabilities10/49€83k€88k▲
Equity10/15€44k€66k▲
Contributions10/11€6k€6k=
Reserves13€38k€60k▲
Distributable reserves133€38k€60k▲
Amounts payable17/49€39k€22k▼
Amounts payable within one year42/48€29k€22k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€25k€20k▼
Accrued charges and deferred income492/3€10k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€132€1k▲
Gross operating margin9900€20k€37k▲
Operating profit (loss)9901€18k€33k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€178€411▲
Recurring financial charges65€178€411▲
Profit (loss) for the period before taxes9903€18k€32k▲
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€12k€22k▲
Profit (loss) for the period to be appropriated9905€12k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€22k▲
Transfer to equity691/2€12k€22k▲
To other reserves6921€12k€22k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €12k ▼53.4%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zele · 1 establishment unit since 2021
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.
Wezepoelstraat 1429240 ZeleGround area
2,242 m²
Building footprint
580 m²
Volume, LiDAR
2,629 m³
Parcel 42403E0575/00E000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OTIG
since 20212.314.953.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403E0575/00E000 | Flanders | 2,241 m² | 1 · 580 m² | 8.7 m · 2 fl. |
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.
Similar companies · same sector, comparable size
BAM & Co
BE 0736.376.884
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MP Renov
BE 0542.498.828
Wemmel · Eq €66k
4 GLM CONSTRUCT
BE 1015.287.023
Brussel · Eq €66k
CKS SOLUTIONS
BE 1011.186.693
Drogenbos · Eq €66k
LARE
BE 0739.530.572
Oostende · Eq €66k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.