Otonova
ActiveSummary
Otonova has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161,581 and a net result of -€123,710. Equity is growing by ~92.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-55
Solvency56▲+3
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.37 against 1.35 in 2024; short-term debt: 69.1% and cash: 0.1% of total assets), and 69.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
-23.7%
Age of the figures
15 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-08-2026, 212 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 · 10 filingsDeviation from the deadline
2025
212 d late
2024
on the day
2023
127 d early
2022
183 d early
2021
123 d early
2020
185 d early
2019
155 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 80 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 September (4 of the last 5 filed years within 123 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€447,486▲ 91.0%
2020 · €234,247
EBIT margin
6.2%▼ 4.7pp
2020 · 10.9%
Net result
-€123,710
2024 · €135,734
Working capital
€133,581▼ 47.4%
2024 · €253,940
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€447,486▲ 91.0%
Operating result€27,643▲ 8.2%€34,686▲ 25.5%€175,121▲ 405%€356,934▲ 104%-€122,625
Net result€20,051within the sector's middle half▲ 5.6%€17,117within the sector's middle half▼ 14.6%€91,425above the sector's middle half▲ 434%€135,734above the sector's middle half▲ 48.5%-€123,710below the sector's middle half
EBIT margin6.2%▼ 4.7pp
Equity€41,015within the sector's middle half▲ 95.7%€58,132within the sector's middle half▲ 41.7%€149,557above the sector's middle half▲ 157%€285,290above the sector's middle half▲ 90.8%€161,581above the sector's middle half▼ 43.4%
Total assets€191,519within the sector's middle half▼ 32.8%€453,791above the sector's middle half▲ 137%€3.7mabove the sector's middle half▲ 723%€1.0mabove the sector's middle half▼ 73.0%€522,786above the sector's middle half▼ 48.2%
Debt€150,504▼ 43.0%€395,660▲ 163%€3.6m▲ 806%€723,005▼ 79.8%€361,206▼ 50.0%
Working capital€40,165within the sector's middle half▲ 105%€56,610within the sector's middle half▲ 40.9%€162,113above the sector's middle half▲ 186%€253,940above the sector's middle half▲ 56.6%€133,581above the sector's middle half▼ 47.4%
Solvency21.4%within the sector's middle half▲ 14.1pp12.8%within the sector's middle half▼ 8.6pp4.0%within the sector's middle half▼ 8.8pp28.3%within the sector's middle half▲ 24.3pp30.9%within the sector's middle half▲ 2.6pp
Current ratio1.27within the sector's middle half▲ 0.191.14within the sector's middle half▼ 0.121.05within the sector's middle half▼ 0.101.35within the sector's middle half▲ 0.311.37within the sector's middle half▲ 0.02
Return on assets (ROA)10.5%within the sector's middle half▲ 3.8pp3.8%within the sector's middle half▼ 6.7pp2.4%within the sector's middle half▼ 1.3pp13.5%above the sector's middle half▲ 11.0pp-23.7%below the sector's middle half▼ 37.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €122,625 after €356,934 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €522,786
Fixed assets
€28,000 ▼ 18.0%
Current assets
€494,786 ▼ 49.2%
Equity and liabilities €522,786
Equity
€161,581 ▼ 43.4%
Debt
€361,206 ▼ 50.0%
Debt's share of the balance-sheet total falls from 71.7% to 69.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€118,823▼
2024 · €358,723
Cash flow
-€119,908▼
2024 · €137,523
Debt to equity
2.24▼
2024 · 2.53
ROE
-76.6%▼
2024 · 47.6%
Interest coverage
-13.27▼
2024 · 2.34
Debt ≤ 1 year
€361,206▼
2024 · €720,227
Income taxes
-€1,185▼
2024 · €70,986
Staff costs
€182▼
2024 · €57,141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
0.8%
went bankrupt
7.2%
stopped otherwise
91%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.8% |
| 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 376 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €447,486 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €561 | €363 | ▼ 35.2% |
| Remuneration, social security and pensions62 | - | - | €17,192 | €57,141 | €182 | ▼ 99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €520 | €336 | €584 | €1,789 | €3,802 | ▲ 113% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €10,180 | - | - |
| Other operating charges640/8 | - | €569 | €2,426 | €1,165 | €33,932 | ▲ 2,811% |
| Non-recurring operating charges66A | - | - | - | - | €2,285 | - |
| Gross operating margin9900 | €28,513 | €35,591 | €195,324 | €427,209 | -€82,423 | ▼ 119% |
| Operating profit (loss)9901 | €27,643 | €34,686 | €175,121 | €356,934 | -€122,625 | ▼ 134% |
| Financial income75/76B | - | €0 | €0 | €2,959 | €6,682 | ▲ 126% |
| Recurring financial income75 | €0 | €0 | €0 | €2,959 | €6,682 | ▲ 126% |
| Financial charges65/66B | - | €7,904 | €36,239 | €153,173 | €8,952 | ▼ 94.2% |
| Recurring financial charges65 | €2,601 | €7,904 | €36,239 | €153,173 | €8,952 | ▼ 94.2% |
| Profit (loss) for the period before taxes9903 | €25,042 | €26,781 | €138,882 | €206,720 | -€124,895 | ▼ 160% |
| Income taxes67/77 | €4,990 | €9,664 | €47,457 | €70,986 | -€1,185 | ▼ 102% |
| Profit (loss) for the period9904 | €20,051 | €17,117 | €91,425 | €135,734 | -€123,710 | ▼ 191% |
| Profit (loss) for the period to be appropriated9905 | €20,051 | €17,117 | €91,425 | €135,734 | -€123,710 | ▼ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €191,519 | €453,791 | €3.7m | €1.0m | €522,786 | ▼ 48.2% |
| Fixed assets21/28 | €850 | €1,522 | €6,888 | €34,128 | €28,000 | ▼ 18.0% |
| Tangible fixed assets22/27 | - | €672 | €4,562 | €3,802 | - | - |
| Furniture and vehicles24 | - | €672 | €4,562 | €3,802 | - | - |
| Financial fixed assets28 | €850 | €850 | €2,326 | €30,326 | €28,000 | ▼ 7.7% |
| Current assets29/58 | €190,669 | €452,269 | €3.7m | €974,167 | €494,786 | ▼ 49.2% |
| Stocks and contracts in progress3 | €950 | €1,545 | €2.8m | €414,541 | - | - |
| Stocks30/36 | - | €1,545 | €2.8m | €414,541 | - | - |
| Amounts receivable within one year40/41 | €52,074 | €320,257 | €579,103 | €496,284 | €494,301 | ▼ 0.4% |
| Trade receivables40 | - | €238,495 | €183,114 | €119,593 | €111,292 | ▼ 6.9% |
| Other amounts receivable41 | - | €81,762 | €395,989 | €376,691 | €383,009 | ▲ 1.7% |
| Cash at bank and in hand54/58 | €133,135 | €128,808 | €318,505 | €62,542 | €465 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | €1,659 | €76,377 | €800 | €20 | ▼ 97.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €191,519 | €453,791 | €3.7m | €1.0m | €522,786 | ▼ 48.2% |
| Equity10/15 | €41,015 | €58,132 | €149,557 | €285,290 | €161,581 | ▼ 43.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22,415 | €39,532 | €130,957 | €266,690 | €266,690 | = |
| Non-distributable reserves130/1 | - | €948 | €948 | €948 | €948 | = |
| Reserves not available under the articles1311 | - | €948 | €948 | €948 | €948 | = |
| Tax-exempt reserves132 | - | €12,675 | €12,675 | €12,675 | €12,675 | = |
| Distributable reserves133 | - | €25,909 | €117,334 | €253,067 | €253,067 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€123,710 | - |
| Amounts payable17/49 | €150,504 | €395,660 | €3.6m | €723,005 | €361,206 | ▼ 50.0% |
| Amounts payable after more than one year17 | - | - | €19,444 | €2,778 | - | - |
| Financial debts170/4 | - | - | €19,444 | €2,778 | - | - |
| Amounts payable within one year42/48 | €150,504 | €395,660 | €3.6m | €720,227 | €361,206 | ▼ 49.8% |
| Current portion of amounts payable after more than one year42 | - | €175,000 | €2.6m | €16,667 | - | - |
| Trade debts44 | €130 | €160,000 | €660,806 | €144,471 | €75,100 | ▼ 48.0% |
| Suppliers440/4 | - | €160,000 | €660,806 | €144,471 | €75,100 | ▼ 48.0% |
| Taxes, remuneration and social security45 | - | €9,664 | €50,476 | €300,034 | €9,948 | ▼ 96.7% |
| Taxes450/3 | - | €9,664 | €47,439 | €299,974 | €9,948 | ▼ 96.7% |
| Remuneration and social security454/9 | - | - | €3,037 | €60 | - | - |
| Other amounts payable47/48 | - | €50,996 | €214,137 | €259,055 | €276,158 | ▲ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,051 | €17,117 | €91,425 | €135,734 | -€123,710 | ▼ 191% |
| + Depreciation and write-downs630 | €520 | €336 | €584 | €1,789 | €3,802 | ▲ 113% |
| Operating cash flow (approximation) | €20,572 | €17,453 | €92,009 | €137,523 | -€119,908 | ▼ 187% |
| Investment in fixed assets (approximation) | - | -€1,008 | -€5,950 | -€29,029 | €2,326 | ▲ 108% |
| Change in cash | - | -€4,327 | €189,696 | -€255,963 | -€62,077 | ▲ 75.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 212 days late
2025
30-06
Financial
Weakest financial yearnet -€123,710
Net result drops to -€123,710, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €135,734 ▲48.5%
Operating result €356,934, net result €135,734, both a record.
30-06
Financial
Equity above €200,000Eq €285,290 ▲90.8%
6 profitable years in a row build equity to €285,290.
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €100,000Eq €149,557 ▲157%
5 profitable years in a row build equity to €149,557.
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2010
Ground area
3.7 ha
Building footprint
1,636 m²
Parcel 71323C0727/00C000, Flanders. Linked by address, not a title deed.
52
companies at this address
See who is registered here
1 establishment unit
Trichterheideweg 11, 3500 Hasselt
since 20102.194.582.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0727/00C000 | Flanders | 3.7 ha | 1 · 1,636 m² | - |
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
M.W.A.
BE 0438.339.634
Lommel · Eq €161,654
AUTO GARIK
BE 0632.803.452
Anderlecht · Eq €161,734
NERI AUTOMOTIVE
BE 0838.308.345
Chaudfontaine · Eq €161,413
GK Motors
BE 0775.398.402
Beringen · Eq €161,775
SPRL GARAGE LEYON GEOFFREY
BE 0842.074.717
Sprimont · Eq €161,212
Of 10,654 companies in this sector we hold annual accounts for 5,227. 3,720 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded01-10-2010
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.