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Otok

Active
Private limited companyfounded 20251 yr activeBoondaalse Steenweg 365, 1050 Elsene, BelgiumKBO/BCE: BE 1020.593.517
Summary

The computed 12-month bankruptcy probability of Otok is 2.2% (moderate). The 2025 annual accounts show equity of €268,738 and a net result of €268,738. Its solvency ranks better than 44% of 7598 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency64
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.81; short-term debt: 35.6% and cash: 0.2% of total assets), but 61.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38.5%
Return on assets
38.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
32 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Otok was incorporated on 3 March 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€268,738
Total assets
€697,292
Net result
€268,738
Working capital
€448,738

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €697,292
Equity €268,738
Debt €428,554
Debt finances 61.5% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.81
Debt to equity
1.59
ROE
100.0%
ROA
38.5%
Debt ≤ 1 year
€248,554
Income taxes
€82,999

Peer companies

Historical observation

Of the 144 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Small
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
4.2% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 2.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 144 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€697,292
Current assets29/58€697,292
Amounts receivable within one year40/41€693,867
Trade receivables40€390,022
Other amounts receivable41€303,845
Cash at bank and in hand54/58€1,209
Deferred charges and accrued income490/1€2,215
Equity and liabilities
Total equity and liabilities10/49€697,292
Equity10/15€268,738
Profit (loss) carried forward14€268,738
Amounts payable17/49€428,554
Amounts payable within one year42/48€248,554
Trade debts44€62,783
Suppliers440/4€62,783
Taxes, remuneration and social security45€93,771
Taxes450/3€93,771
Other amounts payable47/48€92,000
Accrued charges and deferred income492/3€180,000
Income statement Code2025
Other operating charges640/8€2,116
Gross operating margin9900€354,080
Operating profit (loss)9901€351,964
Financial income75/76B€293
Recurring financial income75€293
Financial charges65/66B€520
Recurring financial charges65€520
Profit (loss) for the period before taxes9903€351,737
Income taxes67/77€82,999
Profit (loss) for the period9904€268,738
Profit (loss) for the period to be appropriated9905€268,738
Appropriation of the result
Profit (loss) to be appropriated9906€268,738

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€2,116
Gross operating margin9900€354,080
Operating profit (loss)9901€351,964
Financial income75/76B€293
Recurring financial income75€293
Financial charges65/66B€520
Recurring financial charges65€520
Profit (loss) for the period before taxes9903€351,737
Income taxes67/77€82,999
Profit (loss) for the period9904€268,738
Profit (loss) for the period to be appropriated9905€268,738
Line2025
Assets
Total assets20/58€697,292
Current assets29/58€697,292
Amounts receivable within one year40/41€693,867
Trade receivables40€390,022
Other amounts receivable41€303,845
Cash at bank and in hand54/58€1,209
Deferred charges and accrued income490/1€2,215
Equity and liabilities
Total equity and liabilities10/49€697,292
Equity10/15€268,738
Profit (loss) carried forward14€268,738
Amounts payable17/49€428,554
Amounts payable within one year42/48€248,554
Trade debts44€62,783
Suppliers440/4€62,783
Taxes, remuneration and social security45€93,771
Taxes450/3€93,771
Other amounts payable47/48€92,000
Accrued charges and deferred income492/3€180,000
Line2025
Profit (loss) for the period9904€268,738
Operating cash flow (approximation)€268,738

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
01-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
NBB filing
0 of 1 act read
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.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
257 m²
Building footprint
130 m²
Volume, LiDAR
1,495 m³
Parcel 21445C0264/00B010, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
38 companies at this address See who is registered here
1 establishment unit
Otok
Boondaalse Steenweg 365, 1050 ElseneGeneral construction of residential buildings
since 20252.374.028.478
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21445C0264/00B010 Brussels 257 m² 1 · 130 m² 15.6 m · 4 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.

Similar companies · same sector, comparable size

Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 11,300 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
Founded03-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43223Specialised construction activities
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
43421Specialised construction activities
43422Screed work
63920Other information service activities
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020593517
Registered 15-04-2025

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.