Equity
-€6,165
Debts exceed assets in financial year 2024.
OTRO FOODS
Lifetime
1 annual account with figurespeak -€28,746 (2024)
-€28,746
lowest -€34,666 (2024)
-€34,666
peak -€6,165 (2024)
-€6,165
€24,635
Board3 names since 2023
3 directorsANDOULSI, Sooheib and 2 others
Documentsfilings and deeds
25-07-20256 days before the deadline
2024micro format
Loss of €34,666Registered office moved from Nivelles to Seraing 16-09First year with figures
Key points
from the 2024 annual accountsDebts
€24,635 133% of the balance sheet
Position in the sector
-33.4%
Lower solvency than 90% of companies in research and development. Sector median 62.0% · 626 companies.
Turnover not published (micro format)
Checked score
49
Fair
Financially stronger than 7% of micro companies in research and development (NACE 72)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 932 companies (NACE 72, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%lowest value
01-2025: 1.5%▲ +0.1 percentage points vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 2.0%▲ +0.4 percentage points vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 1.9%▼ -0.1 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.8%▼ -0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.5%▲ +0.6 percentage points vs 07-2026
09-2026: 3.0%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 2.6%▼ -0.4 percentage points vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 25-07-2025)
Founded in 2023
lowers risk
Sector: Scientific research and development (NACE 72)
Size: total assets €18,469
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 72, micro). It does better than 6% of them on solvency, 5% on liquidity and 10% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as OTRO FOODS has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OTRO FOODS itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for OTRO FOODS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.29, below 1. Short-term debt is 133.4% and cash 5.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 6 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- DERWICHE, Aymen 425 sharesdeed of 01-06-2023
- ANDOULSI, Tesnim 425 sharesdeed of 01-06-2023
- ANDOULSI, Sooheib 2,000 sharesdeed of 01-06-2023
Recent changes
Registered office moved from Nivelles to Seraing
New registered office: 15/1 Rue du Bois Saint-Jean 4102 SERAING · Previous registered office: 20 Rue de l'Industrie à 1400 NIVELLES · General meeting of 30-08-2024 · Gazette deed
Incorporation
Founding capital of €28,500, 2,850 shares · Founders: DERWICHE, Aymen; ANDOULSI, Tesnim; ANDOULSI, Sooheib · Appointments: DERWICHE, Aymen; ANDOULSI, Tesnim and ANDOULSI, Sooheib · published on 01-06-2023 · Gazette deed
First establishment
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| OTRO FOODS Seraing | €18,469 | -€28,746 | -33.4% | - |
| OncoRNA Charleroi | €20,034 | -€15,237 | -159.0% | - |
| CELLTEST Woluwe-Saint-Lambert | €18,489 | -€26,024 | -416.0% | - |
| POLYPHEMUS Watermael-Boitsfort | €34,603 | -€1,035 | -18.0% | - |
| Z2A Uccle | €13,554 | -€10,804 | -255.8% | - |
| QuickAST-DX Ghent | €24,288 | -€9,949 | -1467.7% | - |
| Skylight Therapeutics Leuven | €21,284 | -€54,689 | -257.2% | - |
These companies have the same main activity as OTRO FOODS: research and development on biotechnology (NACE 72101). They are comparable in size and age: total assets between €13,600 and €34,600, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 30-05-2023Normal situation
- Registered office
- 22 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Research and development on biotechnologyNACE 72101
- Establishment unit
- 2.350.089.373since 30-05-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2024
- €18,469
- Filing
- Filed on 25-07-2025, 6 days before the end of the filing period
Insights on OTRO FOODS
The computed 12-month bankruptcy probability of OTRO FOODS is 2.6% (moderate). The 2024 annual accounts show negative equity (-€6,165) and a net result of -€34,666.
Its solvency ranks better than 9% of 626 sector peers (NACE 72, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about OTRO FOODS
- What is the company number of OTRO FOODS?
- The company number of OTRO FOODS is 0802.206.331. The VAT number is the same number with BE in front: BE 0802.206.331.
- Where is OTRO FOODS based?
- The registered office is at Rue du Bois St-Jean 15, 4102 Seraing.Company details
- What does OTRO FOODS do?
- According to the KBO register, the main activity is research and development on biotechnology (NACE 72101).
- What is the legal form of OTRO FOODS?
- OTRO FOODS is a private limited company (BV).
- When was OTRO FOODS founded?
- OTRO FOODS was founded on 30-05-2023.
- Is OTRO FOODS still active?
- Yes, OTRO FOODS is an active enterprise in the KBO register.
- What is the turnover of OTRO FOODS?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is OTRO FOODS profitable?
- In financial year 2024, OTRO FOODS made a loss of €34,666.
- Where can I find the annual accounts of OTRO FOODS?
- OTRO FOODS filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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