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OTIS

Active
Private limited companyfounded 20233 yrs activeNotelarenstraat 109, 3500 Hasselt, BelgiumKBO/BCE: BE 0803.046.469
Summary

OTIS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93,141 and a net result of €89,041. Its solvency ranks better than 20% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability91
Solvency44
Growth-
Track record79
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.05; short-term debt: 17.6% and cash: 18.5% of total assets), and 81.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37948 sector peers (2024).
NBB · sector comparison
Position among 37948 sector peers
Solvency
better than 20%
← weakest strongest →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 June 2023, OTIS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€93,141
Total assets
€499,705
Net result
€89,041
Working capital
€4,429

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €499,705
Fixed assets €407,388
Current assets €92,317
Equity and liabilities €499,705
Equity €93,141
Debt €406,564
Debt finances 81.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€130,343
Cash flow
€90,244
Current ratio
1.05
Debt to equity
4.37
ROE
95.6%
ROA
17.8%
Interest coverage
8.54
Debt ≤ 1 year
€87,888
Debt > 1 year
€318,616
Income taxes
€30,414
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€499,705
Fixed assets21/28€407,388
Tangible fixed assets22/27€7,371
Plant, machinery and equipment23€6,464
Furniture and vehicles24€907
Financial fixed assets28€400,017
Current assets29/58€92,317
Cash at bank and in hand54/58€92,263
Deferred charges and accrued income490/1€54
Equity and liabilities
Total equity and liabilities10/49€499,705
Equity10/15€93,141
Contributions10/11€5,000
Reserves13€88,141
Distributable reserves133€88,141
Amounts payable17/49€406,564
Amounts payable after more than one year17€318,616
Financial debts170/4€318,616
Amounts payable within one year42/48€87,888
Current portion of amounts payable after more than one year42€52,778
Taxes, remuneration and social security45€34,210
Taxes450/3€34,210
Other amounts payable47/48€900
Accrued charges and deferred income492/3€60
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,203
Other operating charges640/8€112
Gross operating margin9900€130,455
Operating profit (loss)9901€129,140
Financial income75/76B€5,578
Recurring financial income75€5,578
Financial charges65/66B€15,262
Recurring financial charges65€15,262
Profit (loss) for the period before taxes9903€119,456
Income taxes67/77€30,414
Profit (loss) for the period9904€89,041
Profit (loss) for the period to be appropriated9905€89,041
Appropriation of the result
Profit (loss) to be appropriated9906€89,041
Transfer to equity691/2€88,141
To other reserves6921€88,141
Profit to be distributed694/7€900
Return on contributions (dividend)694€900

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,203
Other operating charges640/8€112
Gross operating margin9900€130,455
Operating profit (loss)9901€129,140
Financial income75/76B€5,578
Recurring financial income75€5,578
Financial charges65/66B€15,262
Recurring financial charges65€15,262
Profit (loss) for the period before taxes9903€119,456
Income taxes67/77€30,414
Profit (loss) for the period9904€89,041
Profit (loss) for the period to be appropriated9905€89,041
Line2024
Assets
Total assets20/58€499,705
Fixed assets21/28€407,388
Tangible fixed assets22/27€7,371
Plant, machinery and equipment23€6,464
Furniture and vehicles24€907
Financial fixed assets28€400,017
Current assets29/58€92,317
Cash at bank and in hand54/58€92,263
Deferred charges and accrued income490/1€54
Equity and liabilities
Total equity and liabilities10/49€499,705
Equity10/15€93,141
Contributions10/11€5,000
Reserves13€88,141
Distributable reserves133€88,141
Amounts payable17/49€406,564
Amounts payable after more than one year17€318,616
Financial debts170/4€318,616
Amounts payable within one year42/48€87,888
Current portion of amounts payable after more than one year42€52,778
Taxes, remuneration and social security45€34,210
Taxes450/3€34,210
Other amounts payable47/48€900
Accrued charges and deferred income492/3€60
Line2024
Profit (loss) for the period9904€89,041
+ Depreciation and write-downs630€1,203
Operating cash flow (approximation)€90,244

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Hasselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
190 m²
Building footprint
77 m²
Volume, LiDAR
705 m³
Parcel 71326F0250/00E002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
OTIS
Notelarenstraat 109, 3500 HasseltHoldings
since 20232.346.589.950
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0250/00E002 Flanders 190 m² 1 · 77 m² 12.4 m · 3 fl.
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of OTIS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,506 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
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803046469
Also 9925:BE0803046469
Registered 13-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.