OTTEN
ActiveSummary
OTTEN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €6k. Equity is shrinking by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-31
Solvency100▲+3
Growth56=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
short-term debt: 0.5% and cash: 8.5% of total assets, and 0.5% 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
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €39k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-03-2026, 234 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
not confirmed
2024
234 d late
2023
68 d late
2022
57 d late
2021
38 d early
2020
39 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Turnover
€169k▼ 34.6%
2019 · €258k
EBIT margin
7.1%▼ 4.8pp
2019 · 11.9%
Net result
€6k▼ 67.9%
2023 · €18k
Working capital
€36k▲ 19.5%
2023 · €30k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€169k▼ 34.6%
Operating result€12k▼ 61.0%€-5k€-51k▼ 983%€21k€9k▼ 58.5%
Net result€10k▼ 31.8%€-20k€-53k▼ 160%€18k€6k▼ 67.9%
EBIT margin7.1%▼ 4.8pp
Equity€88k▲ 6.6%€68k▼ 23.1%€15k▼ 78.3%€33k▲ 125%€39k▲ 17.8%
Total assets€112k▲ 13.9%€109k▼ 2.3%€49k▼ 54.9%€46k▼ 7.0%€39k▼ 14.7%
Debt€24k▲ 52.0%€42k▲ 74.5%€35k▼ 17.0%€13k▼ 63.0%€181▼ 98.6%
Working capital€84k▲ 12.3%€71k▼ 14.9%€12k▼ 83.2%€30k▲ 154%€36k▲ 19.5%
Staff (FTE)22=1▼ 50.0%1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39k
Fixed assets
€3k =
Current assets
€36k ▼ 15.7%
Equity and liabilities €39k
Equity
€39k ▲ 17.8%
Debt
€181 ▼ 98.6%
Debt's share of the balance-sheet total falls from 27.9% to 0.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▼
2023 · €22k
Cash flow
€7k▼
2023 · €20k
Debt to equity
0.00▼
2023 · 0.39
ROE
15.1%▼
2023 · 55.6%
ROA
15.1%▼
2023 · 40.0%
Interest coverage
3.72▼
2023 · 8.05
Debt ≤ 1 year
€181▼
2023 · €13k
Staff costs
€10k▼
2023 · €14k
A ratio outside any meaningful range has been withheld (balance sheet total €39k, equity €39k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €169k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €28k | €23k | €14k | €10k | ▼ 27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €1k | €1k | €1k | = |
| Other operating charges640/8 | - | €399 | €2k | €6k | €7k | ▲ 7.9% |
| Gross operating margin9900 | €44k | €27k | €-25k | €42k | €27k | ▼ 36.4% |
| Operating profit (loss)9901 | €12k | €-5k | €-51k | €21k | €9k | ▼ 58.5% |
| Financial income75/76B | - | - | - | €425 | - | - |
| Recurring financial income75 | - | - | - | €425 | - | - |
| Financial charges65/66B | - | €155 | €199 | €3k | €3k | ▼ 1.8% |
| Recurring financial charges65 | €592 | €155 | €199 | €3k | €3k | ▼ 1.8% |
| Profit (loss) for the period before taxes9903 | €11k | €-5k | €-51k | €18k | €6k | ▼ 67.9% |
| Income taxes67/77 | €917 | €16k | €2k | - | - | - |
| Profit (loss) for the period9904 | €10k | €-20k | €-53k | €18k | €6k | ▼ 67.9% |
| Profit (loss) for the period to be appropriated9905 | €10k | €-20k | €-53k | €18k | €6k | ▼ 67.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112k | €109k | €49k | €46k | €39k | ▼ 14.7% |
| Fixed assets21/28 | €4k | €5k | €5k | €3k | €3k | = |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €4k | €4k | €4k | €2k | €2k | = |
| Plant, machinery and equipment23 | - | - | €671 | €441 | €300 | ▼ 32.0% |
| Furniture and vehicles24 | - | €4k | €3k | €1k | €1k | ▲ 12.8% |
| Financial fixed assets28 | €925 | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €107k | €104k | €44k | €43k | €36k | ▼ 15.7% |
| Amounts receivable within one year40/41 | €78k | €91k | €37k | €34k | €33k | ▼ 1.8% |
| Trade receivables40 | - | €86k | €16k | €23k | - | - |
| Other amounts receivable41 | - | €6k | €21k | €11k | €33k | ▲ 201% |
| Cash at bank and in hand54/58 | €28k | €13k | €7k | €6k | €3k | ▼ 44.9% |
| Deferred charges and accrued income490/1 | - | - | - | €3k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112k | €109k | €49k | €46k | €39k | ▼ 14.7% |
| Equity10/15 | €88k | €68k | €15k | €33k | €39k | ▲ 17.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €68k | €47k | €-6k | €13k | €19k | ▲ 46.7% |
| Amounts payable17/49 | €24k | €42k | €35k | €13k | €181 | ▼ 98.6% |
| Amounts payable after more than one year17 | - | €9k | €2k | - | - | - |
| Financial debts170/4 | - | €9k | €2k | - | - | - |
| Amounts payable within one year42/48 | €24k | €33k | €33k | €13k | €181 | ▼ 98.6% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €2k | - | - |
| Financial debts43 | - | - | €13k | €1k | - | - |
| Credit institutions430/8 | - | - | €13k | €1k | - | - |
| Trade debts44 | €16k | €16k | €12k | €8k | - | - |
| Suppliers440/4 | - | €16k | €12k | €8k | - | - |
| Taxes, remuneration and social security45 | - | €3k | €4k | €147 | €181 | ▲ 23.1% |
| Taxes450/3 | - | €69 | €292 | - | - | - |
| Remuneration and social security454/9 | - | €3k | €3k | €147 | €181 | ▲ 23.1% |
| Other amounts payable47/48 | - | €13k | - | €2k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €-20k | €-53k | €18k | €6k | ▼ 67.9% |
| + Depreciation and write-downs630 | €4k | €4k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €14k | €-17k | €-52k | €20k | €7k | ▼ 63.0% |
| Investment in fixed assets (approximation) | - | €-5k | €-690 | €619 | €-1k | ▼ 332% |
| Change in cash | - | €-16k | €-6k | €-1k | €-3k | ▼ 170% |
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
2026
22-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 234 days late
2024
31-12
Financial
Liquidity times 60current ratio 200.78
Current ratio from 3.36 to 200.78; short-term debt falls from €13k to €181.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 3.36
Current ratio from 1.37 to 3.36; short-term debt falls from €33k to €13k.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Les Bons Villers · 1 establishment unit since 2006
Ground area
1,035 m²
Building footprint
173 m²
Volume, LiDAR
734 m³
Parcel 52068C0298/00P000, Wallonia · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OTTEN
since 20062.151.891.451
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52068C0298/00P000 | Wallonia | 1,035 m² | 1 · 173 m² | 5.4 m · 1 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.
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COMPACTA CONSTRUCT
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 5,909 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 (pre-2019)
Founded02-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
42110Construction of roads and motorways
43120Site preparation
43230Insulation installation
43350Other building finishing work
71111Activities of building architects
Contact
Website
otten-srl.b12sites.comLes Bons Villers
E-mail
info@ottensrl.beLes Bons Villers
Scores and ratios are computed by Checked and are not a credit decision.