OTIUM FINANCING
ActiveSummary
The computed 12-month bankruptcy probability of OTIUM FINANCING is 3.8% (moderate). The 2025 annual accounts show negative equity (-€2.2m) and a net result of -€1.2m. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
OTIUM FINANCING was incorporated on 24 February 2023 as a Private limited company by B.A.D. 21, with a starting capital of EUR 1,000.12 Since 2023, STERIN Pierre-Édouard has served as non-statutory director of the company.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3
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Financials · fiscal year 2025, full schema
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Peer companies
Historical observationOf the 2,909 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.
- 2 to 5 years old
- negative equity
- a small loss
- without size
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,909 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,331 | €88 | ▼ 96.2% |
| Other operating charges640/8 | €818 | €636 | ▼ 22.3% |
| Gross operating margin9900 | -€318,456 | -€54,949 | ▲ 82.7% |
| Operating profit (loss)9901 | -€321,605 | -€55,673 | ▲ 82.7% |
| Financial income75/76B | €2.0m | €3.8m | ▲ 85.3% |
| Recurring financial income75 | €2.0m | €3.8m | ▲ 85.3% |
| Financial charges65/66B | €2.8m | €4.7m | ▲ 70.5% |
| Recurring financial charges65 | €2.8m | €3.5m | ▲ 25.5% |
| Non-recurring financial charges66B | - | €1.2m | - |
| Profit (loss) for the period before taxes9903 | -€1.0m | -€986,923 | ▲ 5.6% |
| Income taxes67/77 | - | €176,475 | - |
| Profit (loss) for the period9904 | -€1.0m | -€1.2m | ▼ 11.3% |
| Profit (loss) for the period to be appropriated9905 | -€1.0m | -€1.2m | ▼ 11.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61.6m | €44.6m | ▼ 27.5% |
| Formation expenses20 | €88 | €0 | ▼ 100% |
| Current assets29/58 | €61.6m | €44.6m | ▼ 27.5% |
| Amounts receivable after more than one year29 | €25.4m | €27.9m | ▲ 9.7% |
| Other amounts receivable291 | €25.4m | €27.9m | ▲ 9.7% |
| Amounts receivable within one year40/41 | €35.5m | €16.5m | ▼ 53.6% |
| Other amounts receivable41 | €35.5m | €16.5m | ▼ 53.6% |
| Cash at bank and in hand54/58 | €446,753 | €3,004 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | €196,497 | €257,488 | ▲ 31.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61.6m | €44.6m | ▼ 27.5% |
| Equity10/15 | -€1.0m | -€2.2m | ▼ 111% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€1.0m | -€2.2m | ▼ 111% |
| Amounts payable17/49 | €62.6m | €46.8m | ▼ 25.2% |
| Amounts payable after more than one year17 | - | €46.8m | - |
| Financial debts170/4 | - | €46.8m | - |
| Amounts payable within one year42/48 | €62.5m | €30,945 | ▼ 100.0% |
| Financial debts43 | €30.0m | €0 | ▼ 100% |
| Credit institutions430/8 | €30.0m | €0 | ▼ 100% |
| Trade debts44 | €61,863 | €30,945 | ▼ 50.0% |
| Suppliers440/4 | €61,863 | €30,945 | ▼ 50.0% |
| Other amounts payable47/48 | €32.5m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €87,611 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1.0m | -€1.2m | ▼ 11.3% |
| + Depreciation and write-downs630 | €2,331 | €88 | ▼ 96.2% |
| Operating cash flow (approximation) | -€1.0m | -€1.2m | ▼ 11.5% |
| Change in cash | - | -€443,748 | - |
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
21-05
State Gazette act
Resignation: François DURVYE (day-to-day manager)Power of attorney3 facts ▸
- Board meeting, 31/03/2026
- Director resignation, François DURVYE (day-to-day manager)
- Power of attorney, François DURVYE
12-11
State Gazette act
Resignation: GAMBLIN François (day-to-day manager)Power of attorney3 facts ▸
- Board meeting, 24/09/2024
- Director resignation, GAMBLIN François (day-to-day manager)
- Power of attorney, GAMBLIN François
20-09
State Gazette act
Appointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)Permanent representative: Tanguy Legein3 facts ▸
- General meeting, 29/08/2023
- Auditor appointment, KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
- Permanent representative, Tanguy Legein
09-05
State Gazette act
Appointments: François GAMBLIN (daily management delegate) and François DURVYE (daily management delegate)Mandate compensation · Power of attorney7 facts ▸
- Board meeting, 20/04/2023
- Director appointment, François GAMBLIN (daily management delegate)
- Director appointment, François DURVYE (daily management delegate)
- Mandate compensation, François GAMBLIN
- Mandate compensation, François DURVYE
- Power of attorney, François GAMBLIN
- Power of attorney, François DURVYE
28-02
State Gazette act
IncorporationAppointment: STERIN Pierre-Édouard (non-statutory director) · Founder · Founding capital6 facts ▸
- Incorporation, 24-02-2023
- Founder, B.A.D. 21
- Founding capital, €1.000
- Bank account, KBC
- Director appointment, STERIN Pierre-Édouard (non-statutory director)
- Mandate compensation, STERIN Pierre-Édouard
Directors · office · real estate
Board 1
Statutory auditor 1
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0455/00B000 | Wallonia | 1.3 ha | 1 · 509 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
| Name | Functions and periods |
|---|---|
| STERIN Pierre-Édouard |
|
| KPMG Réviseurs d'Entreprises |
|
| François DURVYE |
|
| GAMBLIN François |
|
Articles of association
Full purpose
L'acquisition, par voie d'achat, d'échange, d'apport, de souscription, de prise ferme, d'option d'achat ou de toute autre manière, de tous titres, valeurs, créances et droits incorporels, la participation à toutes associations et entreprises, la gestion et la mise en valeur de son portefeuille de titres et de participations, le contrôle, la documentation, l'assistance financière et le cash pooling ou autres formes de financement, des sociétés et entreprises dans lesquelles elle et/ou toute autre société liée est intéressée, la réalisation ou la liquidation de ces valeurs, par voie de cession, de vente ou autrement ; les investissements et opérations financières portant sur toutes opérations de placement de fonds, le traitement de toutes opérations de crédit et de financement, tous prêts et emprunts avec ou sans hypothèque, ainsi que le cautionnement en faveur de tiers, et toutes autres opérations de ce type, à l'exception de celles réservées par la loi aux banques de dépôts ou aux caisses d'épargne ; les opérations visant au placement de trésorerie ou à la prise de participation dans toute entreprise, sous quelque forme que ce soit.
Structure & network
Owners and holdings
1 ownerChain of control
- B.A.D. 21
- OTIUM FINANCING
Highest known parent: B.A.D. 21. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
The accounts to 30-04-2025 list no holdings, and no other source names one.
According to the annual accounts to 30-04-2025 of OTIUM FINANCING 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
1 connected companyThe connected companies are in the list below.
Capital and shareholders
- B.A.D. 21 (BE 0849.021.796) sole founder · 100% at incorporation
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-02-2023 Incorporation · 1,000 EUR · 1,000 shares
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.