OTORINO
ActiveOTORINO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.65M and a net result of €298k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 10.01 against 12.85 in 2024), and 11% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89%
Return on assets
16%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
23 d late
2023
22 d late
2022
31 d late
2021
15 d late
2020
23 d late
2019
86 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.65M▲ 13.5%
2024 · €1.46M
2018: €1.17M
2019: €1.25M
2020: €1.19M
2021: €975k
2022: €1.13M
2023: €1.25M
2024: €1.46M
2018 → 2025
Total assets
€1.86M▲ 15.5%
2024 · €1.61M
2018: €1.22M
2019: €1.28M
2020: €1.32M
2021: €1.34M
2022: €1.25M
2023: €1.47M
2024: €1.61M
2018 → 2025
Net result
€298k▲ 17.6%
2024 · €253k
2018: €67k
2019: €78k
2020: €42k
2021: €58k
2022: €159k
2023: €168k
2024: €253k
2018 → 2025
Working capital
€1.61M▲ 14.9%
2024 · €1.40M
2018: €914k
2019: €1.18M
2020: €1.15M
2021: €949k
2022: €1.10M
2023: €1.18M
2024: €1.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€975k-€1.13M▲ 16.3%€1.25M▲ 10.4%€1.46M▲ 16.2%€1.65M▲ 13.5%
Operating result€76k-€226k▲ 199%€242k▲ 7.0%€360k▲ 49.0%€388k▲ 7.6%
Net result€58k-€159k▲ 173%€168k▲ 5.7%€253k▲ 50.6%€298k▲ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets
€68k▼ 22.2%
Current assets
€1.79M▲ 17.7%
Equity and liabilities €1.86M
Equity
€1.65M▲ 13.5%
Debt
€203k▲ 35.1%
The debt ratio rises from 9.4% to 11.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€424k▲
2024 · €397k
Cash flow
€334k▲
2024 · €290k
Solvency
89.0%▼
2024 · 90.6%
Current ratio
10.01▼
2024 · 12.85
Quick ratio
10.01▼
2024 · 12.85
Debt / equity
0.12▲
2024 · 0.10
ROE
18.0%▲
2024 · 17.4%
ROA
16.0%▲
2024 · 15.8%
Interest coverage
230.58▼
2024 · 319.45
Debt
€203k▲
2024 · €151k
Debt ≤ 1 year
€179k▲
2024 · €118k
Debt > 1 year
€25k▼
2024 · €32k
Income taxes
€133k▲
2024 · €113k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.61M€1.86M▲
Fixed assets21/28€88k€68k▼
Tangible fixed assets22/27€88k€68k▼
Plant, machinery and equipment23€2k€998▼
Furniture and vehicles24€62k€51k▼
Other tangible fixed assets26€24k€16k▼
Financial fixed assets28-€270
Current assets29/58€1.52M€1.79M▲
Amounts receivable within one year40/41€15k€25k▲
Other amounts receivable41€15k€25k▲
Current investments50/53€1.00M€303k▼
Cash at bank and in hand54/58€498k€1.46M▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.86M▲
Equity10/15€1.46M€1.65M▲
Contributions10/11€230k€230k=
Reserves13€887k€1.08M▲
Distributable reserves133€887k€1.08M▲
Profit (loss) carried forward14€339k€338k▼
Amounts payable17/49€151k€203k▲
Amounts payable after more than one year17€32k€25k▼
Financial debts170/4€32k€25k▼
Amounts payable within one year42/48€118k€179k▲
Current portion of amounts payable after more than one year42€18k€21k▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€28k€32k▲
Taxes450/3€28k€32k▲
Other amounts payable47/48€64k€113k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€36k▼
Other operating charges640/8€266€3k▲
Gross operating margin9900€398k€428k▲
Operating profit (loss)9901€360k€388k▲
Financial income75/76B€7k€45k▲
Recurring financial income75€7k€45k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€366k€430k▲
Income taxes67/77€113k€133k▲
Profit (loss) for the period9904€253k€298k▲
Profit (loss) for the period to be appropriated9905€253k€298k▲
Appropriation of the result
Profit (loss) to be appropriated9906€591k€636k▲
Profit (loss) brought forward from the previous period14P€338k€339k▲
Transfer from equity791/2€50k€100k▲
Transfer to equity691/2€253k€298k▲
To other reserves6921€253k€298k▲
Profit to be distributed694/7€50k€101k▲
Return on contributions (dividend)694€50k€101k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €298k ▲17.6%
Operating result €388k, net result €298k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 10.74
Current ratio from 3.60 to 10.74; short-term debt falls from €365k to €113k.
31-12
Financial
Equity above €1MEq €1.13M ▲16.3%
5 profitable years in a row build equity to €1.13M.
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €42k ▼46.1%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 86 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waterloo · 2 establishment units since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Rombaut 801410 WaterlooGround area
9,415 m²
Building footprint
397 m²
Volume, LiDAR
3,926 m³
2 parcels, Brussels, Wallonia · tallest building 22.4 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
OTORINO
since 20132.331.780.426
OTORINO
since 20132.331.780.525
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0423/00K000 | Wallonia | 9,203 m² | 1 · 294 m² | 9.5 m · 2 fl. |
| 21447B0310/00A006 | Brussels | 211 m² | 1 · 103 m² | 22.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6994000WJSREWNDDBC90
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Of 756 companies in sector 72101 we hold annual accounts for 478. 267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-1996
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.