OTM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of OTM CONSTRUCT is 8.3% (elevated). For OTM CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10,675 and a net result of €11,741. Its solvency ranks better than 40% of 6115 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023
Profitability100
Solvency54
Growth78
Track record94
Bankruptcy probability, 12 months
8.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
29.1%
Return on assets
32%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-12-2024, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
145 d late
2022
48 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 97 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€31,070
EBIT margin
46.2%
Net result
€11,741
2022 · -€1,067
Working capital
€2,930
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Turnover€31,070
Operating result-€1,067-€14,351
Net result-€1,067within the sector's middle half-€11,741within the sector's middle half
EBIT margin46.2%
Equity-€1,067below the sector's middle half-€10,675within the sector's middle half
Total assets€36,644below the sector's middle half
Debt€1,067-€25,970▲ 2,335%
Working capital€2,930within the sector's middle half
Solvency29.1%within the sector's middle half
Current ratio1.11within the sector's middle half
Return on assets (ROA)32.0%above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €14,351 after a loss of €1,067 in 2022.
Balance-sheet composition
Assets €36,644
Fixed assets
€7,744
Current assets
€28,900
Equity and liabilities €36,644
Equity
€10,675
Debt
€25,970
Debt finances 70.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€14,807
Cash flow
€12,197
Debt to equity
2.43▲
2022 · -1.00
ROE
110.0%
Interest coverage
3701.72
Debt ≤ 1 year
€25,970▲
2022 · €1,067
Income taxes
€2,669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Turnover70 | - | €31,070 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €16,718 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €456 | - |
| Other operating charges640/8 | - | €1,035 | - |
| Gross operating margin9900 | -€1,067 | €15,842 | ▲ 1,585% |
| Operating profit (loss)9901 | -€1,067 | €14,351 | ▲ 1,445% |
| Financial income75/76B | - | €63 | - |
| Recurring financial income75 | - | €63 | - |
| Financial charges65/66B | - | €4 | - |
| Recurring financial charges65 | - | €4 | - |
| Profit (loss) for the period before taxes9903 | -€1,067 | €14,410 | ▲ 1,451% |
| Income taxes67/77 | - | €2,669 | - |
| Profit (loss) for the period9904 | -€1,067 | €11,741 | ▲ 1,201% |
| Profit (loss) for the period to be appropriated9905 | -€1,067 | €11,741 | ▲ 1,201% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | - | €36,644 | - |
| Fixed assets21/28 | - | €7,744 | - |
| Tangible fixed assets22/27 | - | €7,744 | - |
| Furniture and vehicles24 | - | €7,744 | - |
| Current assets29/58 | - | €28,900 | - |
| Amounts receivable within one year40/41 | - | €10,504 | - |
| Trade receivables40 | - | €10,504 | - |
| Cash at bank and in hand54/58 | - | €18,396 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0 | €36,644 | - |
| Equity10/15 | -€1,067 | €10,675 | ▲ 1,101% |
| Profit (loss) carried forward14 | -€1,067 | €10,675 | ▲ 1,101% |
| Amounts payable17/49 | €1,067 | €25,970 | ▲ 2,335% |
| Amounts payable within one year42/48 | €1,067 | €25,970 | ▲ 2,335% |
| Trade debts44 | €1,067 | €13,533 | ▲ 1,169% |
| Suppliers440/4 | €1,067 | €13,533 | ▲ 1,169% |
| Taxes, remuneration and social security45 | - | €4,098 | - |
| Taxes450/3 | - | €4,098 | - |
| Other amounts payable47/48 | - | €8,339 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,067 | €11,741 | ▲ 1,201% |
| + Depreciation and write-downs630 | - | €456 | - |
| Operating cash flow (approximation) | -€1,067 | €12,197 | ▲ 1,243% |
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
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 145 days late
2023
31-12
Financial
Back to profitnet €11,741
Net result €11,741 after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 48 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Sint-Jans-Molenbeek · 1 establishment unit since 2022
Ground area
2,442 m²
Building footprint
406 m²
Volume, LiDAR
3,423 m³
Parcel 21522B0623/00L000, Brussels · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
291
companies at this address
See who is registered here
1 establishment unit
OTM CONSTRUCT
since 20222.351.312.167
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 3,998 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
Founded07-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43240Other construction installation
43350Other building finishing work
43990Other specialised construction activities
49500Land transport and transport via pipelines
52210Service activities incidental to land transportation
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781667966
Registered
17-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.