Turnover
≈ €200,000 estimated
The micro format states no turnover.
OTIUM
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €598,018 (2021)
€49,035▲ 51.4%
lowest -€172,227 (2017)
€29,151▲ 39.9%
peak €1.2m (2021)
€1.1m▲ 2.8%
€189,555▼ 9.8%
peak 2.6 FTE (2015)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €32,394 to €49,035Result from €20,829 to €29,151Cash from €239 to €139
Key points
from the 2025 annual accountsFilings
36 annual accounts since 1990
Ten of the last ten came late. The 2019 accounts came latest: 102 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as OTIUM has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,769 companies, not a prediction for OTIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435780418
Company renamed from DECOCK-DE MAEYER to OTIUM
Reappointment: (director) · Appointment: (successor director) · “Alle verrichtingen als studie-,organisatie- en raadgevend bureau inzake financiële,handels- of sociale…” (deed in Dutch) · General meeting of 10-11-2022 · Gazette deed
First establishment
Koning Albertstraat 25, Zedelgem
Incorporation
published on 08-12-1988 · Gazette deed
Official details
Source: KBO- Status
- Active since 12-11-1988Normal situation
- Activity
- “Alle verrichtingen als studie-,organisatie- en raadgevend bureau inzake financiële,handels- of sociale aangelegenheden.” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
- Joint committee
- 307Insurance brokers and agencies · annual accounts 2021
- Establishment unit
- 2.041.125.0728210 Zedelgem, since 09-12-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Insights on OTIUM
OTIUM files the micro format. That format states no turnover. The gross margin fell from €201,972 in 2006 to €49,035 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about OTIUM
- What is the company number of OTIUM?
- The company number of OTIUM is 0435.780.418. The VAT number is the same number with BE in front: BE 0435.780.418.
- Where is OTIUM based?
- The registered office is at Leikendreef 2, 8200 Bruges.Company details
- What is the legal form of OTIUM?
- OTIUM is a private limited company (BV).
- When was OTIUM founded?
- OTIUM was founded on 12-11-1988.
- Is OTIUM still active?
- Yes, OTIUM is an active enterprise in the KBO register.
- How many employees does OTIUM have?
- OTIUM had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does OTIUM fall under?
- In its 2021 annual accounts, OTIUM states joint committee 307 (Insurance brokers and agencies).
- What is the turnover of OTIUM?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €49,035 and 2,936 comparable companies of the same size. It probably lies between €120,000 and €360,000. It is a rough estimate.
- Is OTIUM profitable?
- In financial year 2025, OTIUM made a profit of €29,151.
- Where can I find the annual accounts of OTIUM?
- OTIUM filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of OTIUM due?
- OTIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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