OTTIMMO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of OTTIMMO is 1.3% (low). The 2024 annual accounts show equity of €43k and a net result of €-7k. Equity is shrinking by ~17.3% per year across the filed fiscal years. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.3% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	31-07-2025	on the day	2025-00350605
31-12-2023	31-07-2024	25-07-2024	6 d early	2024-00313443
31-12-2022	31-07-2023	17-08-2023	17 d late	2023-00339557
31-12-2021	31-07-2022	23-08-2022	23 d late	2022-20313798
31-12-2020	31-07-2021	26-08-2021	26 d late	2021-54000278
31-12-2019	31-07-2020	12-11-2020	104 d late	2020-70000204
31-12-2018	31-07-2019	26-11-2019	118 d late	2019-74300407
31-12-2017	31-07-2018	20-12-2018	142 d late	2018-75100065
31-12-2016	31-07-2017	15-06-2017	46 d early	2017-17500300
31-12-2015	31-07-2016	31-08-2016	31 d late	2016-53600470

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2002, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-7k

Working capital€-213k-8.8%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~17.3%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€31k

-68.9% 18-24

Net profit

€-7k

- 18-24

Cash flow

€27k

-71.6% 18-24

Total assets

€294k

-6.1% 18-24

Equity

€43k

-13.8% 18-24

Working capital

€-213k

-8.8% 18-24

Income taxes

€165

+0.6% 18-24

Debt

€251k

-4.7% 18-24

Debt ≤ 1y

€220k

+7.6% 18-24

Debt > 1y

€31k

-47.5% 18-24

Current ratio

0.03

-24.9% 18-24

Quick ratio

0.03

-24.9% 18-24

Solvency

14.5%

-8.2% 18-24

Debt / equity

5.88

+10.6% 18-24

ROE

-16.1%

- 18-24

ROA

-2.3%

- 18-24

Interest coverage

7.80

-62.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€31k
Net profit	€-7k
Cash flow	€27k
Staff costs	-
Income taxes	€165
Dividends	-
Total assets	€294k
Equity	€43k
Debt	€251k
of which ≤ 1y	€220k
of which > 1y	€31k
Working capital	€-213k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.03
Quick ratio	0.03
Working capital ratio	-72.6%
Solvency	14.5%
Debt / equity	5.88
Long-term debt ratio	0.72
Interest coverage	7.80
Gross margin	-
Net margin	-
ROA	-2.3%
ROE	-16.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €287k · 97.6% Current assets €7k · 2.4%

Equity & liabilities

Equity €43k · 14.5% Debt €251k · 85.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€294k
Fixed assets	21/28	€287k
Tangible fixed assets	22/27	€287k
Current assets	29/58	€7k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€294k
Equity	10/15	€43k
Contributions / capital	10/11	€6k
Reserves	13	€6k
Accumulated profits (losses)	14	€-103k
Amounts payable	17/49	€251k
Amounts payable after one year	17	€31k
Amounts payable within one year	42/48	€220k
Trade debts payable within one year	44	€132k
Income statement
Gross operating margin	9900	€37k
Operating result	9901	€-3k
Financial charges	65	€4k
Result before taxes	9903	€-7k
Income taxes	67/77	€165
Net result for the period	9904	€-7k
Result to be appropriated	9905	€-7k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

20 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

OTVAVIANO Rita Valérie
Director
State Gazette act 23469338 (21-12-2023)

Current
21-12-2023 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	03-10-2002
Status	Active
Postal code	7080

Locations & real estate

Registered office

from the Crossroads Bank

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 de l'Industrie 177080 Frameries

Parcels1

Ground area1,785 m²

Buildings1

Building footprint209 m²

Volume (LiDAR)886 m³

Tallest building5.9 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53045A0179/00W003	Wallonia	1,785 m²	1 · 208 m²	5.8 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2023

21-12-2023 OTVAVIANO Rita Valérie appointed as director Director changes

OTVAVIANO Rita Valérie, Bestuurder

Summary: v3.2

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

42 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 20

Profitability 0

Solvency 10

Growth 78

Stability 100

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verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameFR

OTTIMMO

Registered office

Rue de l'Industrie 17

7080 Frameries, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.