OTIS DRINKS
The computed 12-month bankruptcy probability of OTIS DRINKS is 2.8% (moderate). The 2024 annual accounts show equity of €57k and a net result of €13k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 949 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €57k |
| Net result | €13k |
| Staff (FTE) | 1.6 |
| Better than sector | 37% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.7% | 27.2% | |
| Net result | €13k | €24k | |
| Equity | €57k | €170k | |
| Gross operating margin | €215k | €174k | |
| Staff costs | €67k | €166k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €47k |
| Net profit | €13k |
| Cash flow | €27k |
| Staff costs | €67k |
| Income taxes | €4k |
| Dividends | €44k |
| Total assets | €363k |
| Equity | €57k |
| Debt | €306k |
| of which ≤ 1y | €187k |
| of which > 1y | €119k |
| Working capital | €108k |
| Employees (FTE) | 1.6 |
| 2024 | |
|---|---|
| Current ratio | 1.58 |
| Quick ratio | 0.37 |
| Working capital ratio | 29.7% |
| Solvency | 15.7% |
| Debt / equity | 5.38 |
| Long-term debt ratio | 2.08 |
| Interest coverage | 2.89 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.6% |
| ROE | 22.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €363k |
| Fixed assets | 21/28 | €68k |
| Intangible fixed assets | 21 | €7k |
| Tangible fixed assets | 22/27 | €50k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €295k |
| Stocks & contracts in progress | 3 | €226k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €43k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €363k |
| Equity | 10/15 | €57k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €52k |
| Amounts payable | 17/49 | €306k |
| Amounts payable after one year | 17 | €119k |
| Amounts payable within one year | 42/48 | €187k |
| Trade debts payable within one year | 44 | €78k |
| Income statement | ||
| Gross operating margin | 9900 | €215k |
| Operating result | 9901 | €33k |
| Financial income | 75 | €634 |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €17k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €13k |
| Result to be appropriated | 9905 | €13k |
Former directors (1)
-
Former- → 15-03-2021
| NACE primary | Wholesale trade(46349) |
| Legal form | Private limited company(610) |
| Incorporation | 17-11-2020 |
| Status | Active |
| Postal code | 1070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0527/00L005 | Brussels | 149 m² | 1 · 116 m² | 19.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-06-2026 General meeting · Seat change · Officer resignation · Officer appointment
- Filing: 2026-05-29 · Otis Drinks
- General meeting: 2026-04-01 · Otis Drinks
- Seat change: to: Rue de Birmingham 351, 1070 Anderlecht, from: Brugsesteenweg 221, 8520 Kuurne · Otis Drinks
- Officer resignation: role: bestuurder · Otman El Moatassim
- Officer appointment: role: bestuurder · Mohamed El Fares
- Publication: 2026-06-08
- Act object: Verplaatsing - Benoeming - Ontslag
Technical details
{
"facts": [
{
"type": "filing",
"quote": "NEERLEGGING TER GRIFFIE VAN DE ONDERNEMINGSRECHTBANK GENT afdeling KORTRIJK 29 MEI 2026",
"value": "2026-05-29",
"object": null,
"subject": "e1"
},
{
"type": "general_meeting",
"quote": "Dagorde van de uitengewone algemene vergadering op 01 April 2026:",
"value": "2026-04-01",
"object": null,
"subject": "e1"
},
{
"type": "seat_change",
"quote": "1.De zetel werd verplaatst van Brugsesteenweg 221; 8520 Kuurne naar Rue de Birmingham 351, 1070 Anderlecht",
"value": {
"to": "Rue de Birmingham 351, 1070 Anderlecht",
"from": "Brugsesteenweg 221, 8520 Kuurne"
},
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "2.De ontslag van Otman El Moatassim als bestuurder",
"value": {
"role": "bestuurder"
},
"object": "e1",
"subject": "e2"
},
{
"type": "officer_appointment",
"quote": "en de benoeming van Mohamed El Fares als bestuuder",
"value": {
"role": "bestuurder"
},
"object": "e1",
"subject": "e3"
},
{
"type": "publication",
"quote": "Belgisch Staatsblad - 08/06/2026",
"value": "2026-06-08",
"object": null,
"subject": null
},
{
"type": "act_object",
"quote": "Onderwerp akte: Verplaatsing - Benoeming - Ontslag",
"value": "Verplaatsing - Benoeming - Ontslag",
"object": null,
"subject": null
}
],
"act_meta": {
"model_id": 40,
"extractor": "open-capture-27b-v3",
"ocr_chars": 1109,
"truncated": false,
"needs_verify": true
},
"entities": [
{
"id": "e1",
"kbo": "0758.510.702",
"kind": "company",
"name": "Otis Drinks",
"attrs": {
"new_seat": "Rue de Birmingham 351, 1070 Anderlecht",
"old_seat": "Brugsesteenweg 221, 8520 Kuurne",
"legal_form": "Besloten Venootschap"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Otman El Moatassim",
"attrs": {
"role": "bestuurder"
}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Mohamed El Fares",
"attrs": {
"role": "bestuurder"
}
}
]
}01-04-2021 Barki Hanza resigns as director
- Barki Hanza, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Barki Hanza",
"address": null,
"birth_date": null
},
"effective_date": "2021-03-15",
"evidence_quote": "De bijzondere algemene vergadering beslist met ingang van 15 maart 2021 als bestuurder te ontslaan: - Dhr. Barki Hanza, wonende te 9050 Gentbrugge, Peter Benoitstraat 93. De bijzondere algemene vergadering verleent kwijting aan voormelde bestuurder voor de uitoefening van zijn mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0758.510.702",
"name_full": "OTIS DRINKS",
"legal_form": "BV"
}
}19-11-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8520 Kuurne, Brugsesteenweg 221",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "EL MOATASSIM Otman",
"niss": null,
"address": "8930 Menen, Vaandelpad, 8"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "EL MOATASSIM Otman",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "BARKI Hanza",
"niss": null,
"address": "9050 Gentbrugge, Peter Benoitstraat, 93"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "BARKI Hanza",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0758.510.702",
"name_full": "OTIS DRINKS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-11-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | OTIS DRINKS |