OTM TEC
ActiveSummary
The computed 12-month bankruptcy probability of OTM TEC is 2.5% (moderate). The 2024 annual accounts show equity of €7,612 and a net result of €2,144. Equity is growing by ~36.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 9975 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €497 | - | - | - | - |
| Other operating charges640/8 | €138 | €162 | €156 | - | - |
| Gross operating margin9900 | €2,893 | €319 | €8,886 | €2,144 | ▼ 75.9% |
| Operating profit (loss)9901 | €2,259 | €156 | €8,730 | €2,144 | ▼ 75.4% |
| Financial charges65/66B | €36 | €42 | - | - | - |
| Recurring financial charges65 | €36 | €42 | - | - | - |
| Profit (loss) for the period before taxes9903 | €2,223 | €115 | €8,730 | €2,144 | ▼ 75.4% |
| Income taxes67/77 | €576 | €23 | - | - | - |
| Profit (loss) for the period9904 | €1,646 | €92 | €8,730 | €2,144 | ▼ 75.4% |
| Profit (loss) for the period to be appropriated9905 | €1,646 | €92 | €8,730 | €2,144 | ▼ 75.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15,649 | €11,772 | €22,374 | €24,363 | ▲ 8.9% |
| Fixed assets21/28 | €743 | - | - | - | - |
| Tangible fixed assets22/27 | €743 | - | - | - | - |
| Furniture and vehicles24 | €743 | - | - | - | - |
| Current assets29/58 | €14,906 | €11,772 | €22,374 | €24,363 | ▲ 8.9% |
| Amounts receivable within one year40/41 | €9,593 | €1,709 | €4,455 | €13,916 | ▲ 212% |
| Trade receivables40 | €9,040 | €1,224 | €2,213 | €13,754 | ▲ 521% |
| Other amounts receivable41 | €553 | €485 | €2,241 | €162 | ▼ 92.8% |
| Cash at bank and in hand54/58 | €5,040 | €9,872 | €17,703 | €7,311 | ▼ 58.7% |
| Deferred charges and accrued income490/1 | €273 | €191 | €217 | €3,137 | ▲ 1,347% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15,649 | €11,772 | €22,374 | €24,363 | ▲ 8.9% |
| Equity10/15 | €3,146 | €3,238 | €5,468 | €7,612 | ▲ 39.2% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €1,646 | €1,738 | €3,968 | €6,112 | ▲ 54.0% |
| Amounts payable17/49 | €12,503 | €8,534 | €16,906 | €16,751 | ▼ 0.9% |
| Amounts payable within one year42/48 | €5,503 | €8,448 | €16,906 | €16,751 | ▼ 0.9% |
| Trade debts44 | €3,457 | €1,618 | €586 | €4,632 | ▲ 691% |
| Suppliers440/4 | €3,457 | €1,618 | €26 | €762 | ▲ 2,829% |
| Bills of exchange payable441 | - | - | €560 | €3,870 | ▲ 592% |
| Taxes, remuneration and social security45 | €576 | €23 | €1,963 | €5,552 | ▲ 183% |
| Taxes450/3 | €576 | €23 | €1,963 | €552 | ▼ 71.9% |
| Remuneration and social security454/9 | - | - | - | €5,000 | - |
| Other amounts payable47/48 | €1,469 | €6,807 | €14,358 | €6,567 | ▼ 54.3% |
| Accrued charges and deferred income492/3 | €7,000 | €86 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,646 | €92 | €8,730 | €2,144 | ▼ 75.4% |
| + Depreciation and write-downs630 | €497 | - | - | - | - |
| Operating cash flow (approximation) | €2,143 | €92 | €8,730 | €2,144 | ▼ 75.4% |
| Change in cash | - | €4,832 | €7,831 | -€10,392 | ▼ 233% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.