OTTCO
ActiveSummary
OTTCO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.5m and a net result of -€168,715. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 356 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability8▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 6.39 against 16.76 in 2025; short-term debt: 4.2% and cash: 25.5% of total assets), and 21% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
79%
Return on assets
-8.7%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year -€168,715
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
38 d early
2025
3 d early
2024
24 d early
2023
35 d early
2022
63 d early
2021
31 d early
2020
30 d late
← 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 23 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 26 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, full schema
In the rankings
#2 company by equity in Aubel, Construction sector#3 company by total assets in Aubel, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€168,715▼ 85.2%
2025 · -€91,081
Working capital
€439,414▼ 41.5%
2025 · €751,176
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€34,977▼ 0.1%-€19,451-€126,397▼ 550%-€99,823▲ 21.0%-€164,341▼ 64.6%
Net result€28,824within the sector's middle half▼ 6.6%-€22,418below the sector's middle half€1.1mabove the sector's middle half-€91,081below the sector's middle half-€168,715▼ 85.2%
Equity€699,046above the sector's middle half▲ 2.0%€676,629within the sector's middle half▼ 3.2%€1.8mabove the sector's middle half▲ 168%€1.7mabove the sector's middle half▼ 5.0%€1.5m▼ 11.2%
Total assets€795,224within the sector's middle half▲ 7.9%€709,942within the sector's middle half▼ 10.7%€1.9mwithin the sector's middle half▲ 161%€1.8mwithin the sector's middle half▼ 4.4%€1.9m▲ 9.3%
Debt€96,178▲ 86.6%€33,314▼ 65.4%€38,248▲ 14.8%€48,234▲ 26.1%€407,307▲ 744%
Working capital€76,941within the sector's middle half▲ 22.1%€55,359within the sector's middle half▼ 28.1%€1.0mabove the sector's middle half▲ 1,740%€751,176within the sector's middle half▼ 26.2%€439,414▼ 41.5%
Solvency87.9%above the sector's middle half▼ 5.1pp95.3%above the sector's middle half▲ 7.4pp97.9%above the sector's middle half▲ 2.6pp97.3%above the sector's middle half▼ 0.7pp79.0%▼ 18.3pp
Current ratio1.80within the sector's middle half▼ 0.422.66above the sector's middle half▲ 0.8627.98above the sector's middle half▲ 25.3216.76above the sector's middle half▼ 11.226.39▼ 10.37
Return on assets (ROA)3.6%within the sector's middle half▼ 0.6pp-3.2%below the sector's middle half▼ 6.8pp61.4%above the sector's middle half▲ 64.6pp-5.1%below the sector's middle half▼ 66.6pp-8.7%▼ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €164,341 in 2026 against €99,823 in 2025; the loss grows and 2026 has the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.4m ▲ 45.5%
Current assets
€520,950 ▼ 34.8%
Equity and liabilities €1.9m
Equity
€1.5m ▼ 11.2%
Debt
€407,307 ▲ 744%
Debt's share of the balance-sheet total rises from 2.7% to 21.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€144,158▼
2025 · -€98,252
Cash flow
-€148,532▼
2025 · -€89,511
Debt to equity
0.27▲
2025 · 0.03
ROE
-11.0%▼
2025 · -5.3%
Interest coverage
-22.46▲
2025 · -36.50
Debt ≤ 1 year
€81,536▲
2025 · €47,658
Debt > 1 year
€325,593
Income taxes
€183▼
2025 · €197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 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 2,688 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €749 | €1,027 | €1,521 | €1,570 | €20,182 | ▲ 1,185% |
| Other operating charges640/8 | €1,184 | €3,610 | €2,418 | €4,269 | €12,630 | ▲ 196% |
| Non-recurring operating charges66A | - | - | €34,482 | - | - | - |
| Gross operating margin9900 | €36,910 | -€14,814 | -€87,976 | -€93,983 | -€131,529 | ▼ 39.9% |
| Operating profit (loss)9901 | €34,977 | -€19,451 | -€126,397 | -€99,823 | -€164,341 | ▼ 64.6% |
| Financial income75/76B | €0 | - | €1.3m | €11,630 | €2,227 | ▼ 80.9% |
| Recurring financial income75 | €0 | - | €2,329 | €11,630 | €2,227 | ▼ 80.9% |
| Non-recurring financial income76B | - | - | €1.3m | - | - | - |
| Financial charges65/66B | €1,417 | €2,765 | €2,960 | €2,692 | €6,418 | ▲ 138% |
| Recurring financial charges65 | €1,417 | €2,765 | €2,960 | €2,692 | €6,418 | ▲ 138% |
| Profit (loss) for the period before taxes9903 | €33,561 | -€22,216 | €1.2m | -€90,885 | -€168,531 | ▼ 85.4% |
| Income taxes67/77 | €4,737 | €202 | €20,923 | €197 | €183 | ▼ 6.8% |
| Profit (loss) for the period9904 | €28,824 | -€22,418 | €1.1m | -€91,081 | -€168,715 | ▼ 85.2% |
| Profit (loss) for the period to be appropriated9905 | €28,824 | -€22,418 | €1.1m | -€91,081 | -€168,715 | ▼ 85.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €795,224 | €709,942 | €1.9m | €1.8m | €1.9m | ▲ 9.3% |
| Fixed assets21/28 | €622,331 | €621,304 | €797,701 | €973,997 | €1.4m | ▲ 45.5% |
| Tangible fixed assets22/27 | €2,331 | €1,304 | €797,701 | €973,997 | €1.4m | ▲ 45.5% |
| Land and buildings22 | - | - | €796,678 | €276,356 | €1.4m | ▲ 401% |
| Plant, machinery and equipment23 | - | - | - | €2,691 | €2,018 | ▼ 25.0% |
| Furniture and vehicles24 | €857 | €567 | €1,023 | €126 | €29,686 | ▲ 23,524% |
| Other tangible fixed assets26 | €1,474 | €737 | - | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €694,824 | - | - |
| Financial fixed assets28 | €620,000 | €620,000 | - | - | - | - |
| Current assets29/58 | €172,893 | €88,638 | €1.1m | €798,834 | €520,950 | ▼ 34.8% |
| Amounts receivable within one year40/41 | €167,769 | €57,188 | €31,260 | €4,844 | €22,314 | ▲ 361% |
| Trade receivables40 | €151,955 | €40,163 | €29,694 | - | €21,714 | - |
| Other amounts receivable41 | €15,814 | €17,024 | €1,566 | €4,844 | €600 | ▼ 87.6% |
| Current investments50/53 | - | - | €800,000 | - | - | - |
| Cash at bank and in hand54/58 | €5,124 | €29,230 | €220,903 | €789,146 | €494,418 | ▼ 37.3% |
| Deferred charges and accrued income490/1 | - | €2,221 | €4,061 | €4,844 | €4,219 | ▼ 12.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €795,224 | €709,942 | €1.9m | €1.8m | €1.9m | ▲ 9.3% |
| Equity10/15 | €699,046 | €676,629 | €1.8m | €1.7m | €1.5m | ▼ 11.2% |
| Contributions10/11 | €562,640 | €562,640 | €562,640 | €562,640 | €562,640 | = |
| Capital10 | €562,640 | €562,640 | €562,640 | €562,640 | €562,640 | = |
| Issued capital100 | €562,640 | €562,640 | €562,640 | €562,640 | €562,640 | = |
| Reserves13 | €116,758 | €116,758 | €361,264 | €361,264 | €361,264 | = |
| Non-distributable reserves130/1 | €11,758 | €11,758 | €56,264 | €56,264 | €56,264 | = |
| Legal reserve130 | €11,758 | €11,758 | €56,264 | €56,264 | €56,264 | = |
| Distributable reserves133 | €105,000 | €105,000 | €305,000 | €305,000 | €305,000 | = |
| Profit (loss) carried forward14 | €19,648 | -€2,770 | €891,774 | €800,693 | €606,978 | ▼ 24.2% |
| Amounts payable17/49 | €96,178 | €33,314 | €38,248 | €48,234 | €407,307 | ▲ 744% |
| Amounts payable after more than one year17 | - | - | - | - | €325,593 | - |
| Financial debts170/4 | - | - | - | - | €325,593 | - |
| Amounts payable within one year42/48 | €95,952 | €33,279 | €37,747 | €47,658 | €81,536 | ▲ 71.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €18,408 | - |
| Trade debts44 | €37,841 | €17,641 | €5,849 | €37,322 | €15,410 | ▼ 58.7% |
| Suppliers440/4 | €37,841 | €17,641 | €5,849 | €37,322 | €15,410 | ▼ 58.7% |
| Advances received on contracts in progress46 | - | - | - | - | €20,378 | - |
| Taxes, remuneration and social security45 | €13,757 | €8,404 | €26,324 | €4,421 | €84 | ▼ 98.1% |
| Taxes450/3 | €13,157 | €8,404 | €24,424 | €4,421 | €84 | ▼ 98.1% |
| Remuneration and social security454/9 | €600 | - | €1,900 | - | - | - |
| Other amounts payable47/48 | €44,354 | €7,234 | €5,574 | €5,915 | €27,256 | ▲ 361% |
| Accrued charges and deferred income492/3 | €226 | €35 | €501 | €576 | €178 | ▼ 69.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,824 | -€22,418 | €1.1m | -€91,081 | -€168,715 | ▼ 85.2% |
| + Depreciation and write-downs630 | €749 | €1,027 | €1,521 | €1,570 | €20,182 | ▲ 1,185% |
| Operating cash flow (approximation) | €29,573 | -€21,391 | €1.1m | -€89,511 | -€148,532 | ▼ 65.9% |
| Investment in fixed assets (approximation) | - | €0 | -€177,918 | -€177,866 | -€463,425 | ▼ 161% |
| Change in cash | - | €24,106 | €191,674 | €568,243 | -€294,728 | ▼ 152% |
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 2027, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
31-03
Financial
Weakest financial yearnet -€168,715
Net result drops to -€168,715, the lowest in the series.
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Back to profitnet €1.1m
Net result €1.1m after one loss-making year.
31-03
Financial
Liquidity times 11current ratio 27.98
Current ratio from 2.66 to 27.98.
31-03
Financial
Equity above €1mEq €1.8m ▲168%
Equity rises from €676,629 to €1.8m.
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
31-03
Financial
Back to profitnet €38,291
Net result €38,291 after one loss-making year.
Show earlier events
2019
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 5 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Aubel · 1 establishment unit since 2009
Ground area
3,748 m²
Building footprint
370 m²
Volume, LiDAR
2,441 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OTTCO
since 20092.177.070.869
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003B0018/00C002 | Wallonia | 2,291 m² | 1 · 235 m² | 8.5 m · 2 fl. |
| 63003B0319/00W000 | Wallonia | 1,457 m² | 1 · 134 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2023 list no shareholders, and no other source names one.
Holdings 1
-
80%
According to the annual accounts to 31-03-2023 of OTTCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 3,538 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-03-2009
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
55203Holiday cottages, homes and apartments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810400356
Registered
26-12-2025
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.