Ottobee
BankruptcySummary
The KBO register records for Ottobee the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-323k) and a net result of €-259k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
28 d late
2021
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€-323k
2022 · €21k
Total assets
€255k▼ 55.9%
2022 · €577k
Net result
€-259k▲ 19.5%
2022 · €-322k
Working capital
€-182k▼ 182%
2022 · €-65k
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
Line202120222023
Operating result€-235k-€-340k▼ 44.9%€-336k▲ 1.3%
Net result€-233k-€-322k▼ 38.0%€-259k▲ 19.5%
Equity€-71k-€21k€-323k
Total assets€469k-€577k▲ 23.0%€255k▼ 55.9%
Debt€541k-€557k▲ 2.9%€578k▲ 3.8%
Working capital€-175k-€-65k▲ 63.1%€-182k▼ 182%
Staff (FTE)2.7-3.8▲ 40.7%1.4▼ 63.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €336k in 2023 against €340k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €252k
Fixed assets
€237k ▼ 52.1%
Current assets
€16k ▼ 80.5%
Key figures and ratios
EBITDA
€-266k▼
2022 · €-249k
Cash flow
€-189k▲
2022 · €-231k
Solvency
-126.9%▼
2022 · 3.6%
Current ratio
0.08▼
2022 · 0.55
Debt to equity
-1.79▼
2022 · 26.61
ROA
-102.0%▼
2022 · -55.8%
Interest coverage
-31.90▼
2022 · -20.31
Debt ≤ 1 year
€198k▲
2022 · €145k
Debt > 1 year
€367k▲
2022 · €355k
Income taxes
€63▼
2022 · €427
Staff costs
€44k▼
2022 · €213k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €6k | €165 | ▼ 97.2% |
| Remuneration, social security and pensions62 | €38k | €213k | €44k | ▼ 79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €92k | €70k | ▼ 23.4% |
| Other operating charges640/8 | €914 | €460 | €2k | ▲ 269% |
| Non-recurring operating charges66A | - | - | €207k | - |
| Gross operating margin9900 | €-184k | €-35k | €-13k | ▲ 63.0% |
| Operating profit (loss)9901 | €-235k | €-340k | €-336k | ▲ 1.3% |
| Financial income75/76B | €3k | €30k | €85k | ▲ 177% |
| Recurring financial income75 | €3k | €30k | €85k | ▲ 177% |
| Financial charges65/66B | €2k | €12k | €8k | ▼ 31.9% |
| Recurring financial charges65 | €2k | €12k | €8k | ▼ 31.9% |
| Profit (loss) for the period before taxes9903 | €-233k | €-322k | €-259k | ▲ 19.4% |
| Income taxes67/77 | €34 | €427 | €63 | ▼ 85.3% |
| Profit (loss) for the period9904 | €-233k | €-322k | €-259k | ▲ 19.5% |
| Profit (loss) for the period to be appropriated9905 | €-233k | €-322k | €-259k | ▲ 19.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €469k | €577k | €255k | ▼ 55.9% |
| Formation expenses20 | €3k | €3k | €2k | ▼ 38.1% |
| Fixed assets21/28 | €371k | €494k | €237k | ▼ 52.1% |
| Intangible fixed assets21 | €366k | €490k | €236k | ▼ 51.9% |
| Tangible fixed assets22/27 | €6k | €4k | €1k | ▼ 71.0% |
| Furniture and vehicles24 | €6k | €4k | €1k | ▼ 71.0% |
| Current assets29/58 | €95k | €80k | €16k | ▼ 80.5% |
| Amounts receivable within one year40/41 | €50k | €31k | €4k | ▼ 88.6% |
| Trade receivables40 | €12k | €0 | - | - |
| Other amounts receivable41 | €37k | €31k | €4k | ▼ 88.6% |
| Cash at bank and in hand54/58 | €33k | €16k | €3k | ▼ 82.8% |
| Deferred charges and accrued income490/1 | €12k | €33k | €9k | ▼ 71.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €469k | €577k | €255k | ▼ 55.9% |
| Equity10/15 | €-71k | €21k | €-323k | ▼ 1,645% |
| Contributions10/11 | €20k | €320k | €320k | = |
| Profit (loss) carried forward14 | €-233k | €-556k | €-815k | ▼ 46.7% |
| Investment grants15 | €142k | €257k | €172k | ▼ 32.9% |
| Amounts payable17/49 | €541k | €557k | €578k | ▲ 3.8% |
| Amounts payable after more than one year17 | €235k | €355k | €367k | ▲ 3.5% |
| Financial debts170/4 | €235k | €355k | €367k | ▲ 3.5% |
| Amounts payable within one year42/48 | €270k | €145k | €198k | ▲ 36.8% |
| Current portion of amounts payable after more than one year42 | - | €25k | €0 | ▼ 100% |
| Financial debts43 | €40k | €0 | - | - |
| Credit institutions430/8 | €40k | €0 | - | - |
| Trade debts44 | €100k | €52k | €116k | ▲ 124% |
| Suppliers440/4 | €100k | €52k | €116k | ▲ 124% |
| Taxes, remuneration and social security45 | €20k | €26k | €4k | ▼ 84.6% |
| Taxes450/3 | €2k | €6k | €489 | ▼ 91.3% |
| Remuneration and social security454/9 | €18k | €21k | €4k | ▼ 82.8% |
| Other amounts payable47/48 | €110k | €41k | €78k | ▲ 87.1% |
| Accrued charges and deferred income492/3 | €36k | €57k | €12k | ▼ 78.2% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-233k | €-322k | €-259k | ▲ 19.5% |
| + Depreciation and write-downs630 | €11k | €92k | €70k | ▼ 23.4% |
| Operating cash flow (approximation) | €-222k | €-231k | €-189k | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | €-214k | €187k | ▲ 187% |
| Change in cash | - | €-17k | €-13k | ▲ 23.3% |
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-322k
Net result drops to €-322k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2020
Ground area
3,380 m²
Parcel 71322A0540/00B002, Flanders. Linked by address, not a title deed.
67
companies at this address
See who is registered here
1 establishment unit
LinkedCar
since 20202.298.644.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00B002 | Flanders | 3,380 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 7,978 EUR awarded · 7,978 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 7,408 EUR | 7,978 EUR |
| 2022 | 1 | 570 EUR | 0 EUR |
Schemes
Subsidies voor internationaal ondernemen
Similar companies · same sector, comparable size
ReadyEvent
BE 1010.636.268
Gent · Eq €20,910
O&R SERVICES
BE 0681.568.124
Mechelen · Eq €20,923
REALITIC
BE 0799.064.620
Perwez · Eq €20,945
Add-ICT
BE 0681.408.370
Ham-sur-Heure-Nalinnes · Eq €20,879
MARMAES
BE 1028.626.305
Namur · Eq €20,876
Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 5,842 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
Founded30-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.