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OTTEVASIM

Active
Private limited companyfounded 20223 yrs activeKorenveld 36, 8860 Lendelede, BelgiumKBO/BCE: BE 0794.440.688

OTTEVASIM has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €30k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
93 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+3
Solvency92▲+13
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 1.94 in 2024; short-term debt: 28.4% and cash: 68.4% of total assets), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.1%
Return on assets
21.3%
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
21 d early
2024
17 d early
2023
22 d early
← 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€94k▲ 46.6%
2024 · €64k
2023: €42k 2024: €64k
2023 → 2025
Total assets
€140k▲ 18.9%
2024 · €118k
2023: €110k 2024: €118k
2023 → 2025
Net result
€30k▲ 34.4%
2024 · €22k
2023: €39k 2024: €22k
2023 → 2025
Working capital
€68k▲ 86.5%
2024 · €36k
2023: €16k 2024: €36k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€42k-€64k▲ 53.0%€94k▲ 46.6%
Operating result€51k-€30k▼ 41.8%€40k▲ 32.5%
Net result€39k-€22k▼ 42.9%€30k▲ 34.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €39k€39kOperating result 2024: €30k€30kNet result 2024: €22k€22kOperating result 2025: €40k€40kNet result 2025: €30k€30k202320242025
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets €33k▼ 24.1%
Current assets €108k▲ 43.6%
Equity and liabilities €140k
Equity €94k▲ 46.6%
Debt €46k▼ 14.0%
The debt ratio falls from 45.6% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50k
2024 · €40k
Cash flow
€40k
2024 · €32k
Solvency
67.1%
2024 · 54.4%
Current ratio
2.70
2024 · 1.94
Quick ratio
2.70
2024 · 1.94
Debt / equity
0.49
2024 · 0.84
ROE
31.8%
2024 · 34.7%
ROA
21.3%
2024 · 18.9%
Interest coverage
41.50
2024 · 28.72
Debt
€46k
2024 · €54k
Debt ≤ 1 year
€40k
2024 · €39k
Debt > 1 year
€6k
2024 · €15k
Income taxes
€8k
2024 · €6k
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€118k€140k
Fixed assets21/28€43k€33k
Tangible fixed assets22/27€43k€33k
Land and buildings22€10k€9k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€31k€22k
Current assets29/58€75k€108k
Amounts receivable within one year40/41-€12k
Trade receivables40-€12k
Cash at bank and in hand54/58€75k€96k
Equity and liabilities
Total equity and liabilities10/49€118k€140k
Equity10/15€64k€94k
Contributions10/11€3k€3k=
Reserves13€61k€91k
Distributable reserves133€61k€91k
Amounts payable17/49€54k€46k
Amounts payable after more than one year17€15k€6k
Financial debts170/4€15k€6k
Amounts payable within one year42/48€39k€40k
Current portion of amounts payable after more than one year42€9k€9k=
Trade debts44€2k€885
Suppliers440/4€2k€885
Taxes, remuneration and social security45€12k€14k
Taxes450/3€12k€14k
Other amounts payable47/48€17k€16k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k
Other operating charges640/8€963€988
Gross operating margin9900€41k€51k
Operating profit (loss)9901€30k€40k
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€29k€38k
Income taxes67/77€6k€8k
Profit (loss) for the period9904€22k€30k
Profit (loss) for the period to be appropriated9905€22k€30k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€30k
Transfer to equity691/2€22k€30k
To other reserves6921€22k€30k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €22k ▼42.9%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Lendelede · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Korenveld 368860 Lendelede
Ground area
346 m²
Building footprint
93 m²
Volume, LiDAR
550 m³
Parcel 34025C0450/00X002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OTTEVASIM
Korenveld 36, 8860 LendeledeActivities of bailiffs
since 20222.338.711.867
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34025C0450/00X002 Flanders 346 m² 1 · 93 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 1,021 companies in sector 69103 we hold annual accounts for 611. 438 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-12-2022
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.