OTTOWASH
InactiveFinancials · financial year 2024, micro format
2024 annual accounts filed late (7 days) Filed on 7 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00364460.
Equity
€351,118▼ 39.7%
2023 · €582,007
Total assets
€685,631▼ 16.2%
2023 · €818,569
Net result
€75,111▲ 5.2%
2023 · €71,425
Working capital
€327,875▼ 40.4%
2023 · €550,184
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result has fallen two years in a row; 2024 is 13% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€88,114
2024
Net result€75,111
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€685,631
2024
Equity€351,118
2024
Debt€334,513
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€327,875
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€75,686-€85,014▲ 12.3%€55,291▼ 35.0%€93,090▲ 68.4%€111,153▲ 19.4%€101,422▼ 8.8%€88,114▼ 13.1%
Net result€47,744-€57,730▲ 20.9%€37,575▼ 34.9%€63,065▲ 67.8%€73,656▲ 16.8%€71,425▼ 3.0%€75,111▲ 5.2%
Equity€496,557-€554,287▲ 11.6%€542,862▼ 2.1%€605,926▲ 11.6%€679,583▲ 12.2%€582,007▼ 14.4%€351,118▼ 39.7%
Total assets€566,862-€612,507▲ 8.1%€637,427▲ 4.1%€711,288▲ 11.6%€734,366▲ 3.2%€818,569▲ 11.5%€685,631▼ 16.2%
Debt€37,856-€25,772▼ 31.9%€62,116▲ 141%€105,362▲ 69.6%€54,783▼ 48.0%€236,562▲ 332%€334,513▲ 41.4%
Working capital€516,892-€541,170▲ 4.7%€540,641▼ 0.1%€550,678▲ 1.9%€636,362▲ 15.6%€550,184▼ 13.5%€327,875▼ 40.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €685,631
Fixed assets
€23,244 ▼ 27.0%
Current assets
€662,388 ▼ 15.8%
Equity and liabilities €685,631
Equity
€351,118 ▼ 39.7%
Debt
€334,513 ▲ 41.4%
Debt's share of the balance-sheet total rises from 28.9% to 48.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€96,694▼
2023 · €112,819
Cash flow
€83,691▲
2023 · €82,822
Current ratio
1.98▼
2023 · 3.33
Quick ratio
1.97▼
2023 · 3.32
Debt to equity
0.95▲
2023 · 0.41
ROE
21.4%▲
2023 · 12.3%
ROA
11.0%▲
2023 · 8.7%
Interest coverage
25.96▼
2023 · 39.52
Debt ≤ 1 year
€334,513▲
2023 · €236,562
Income taxes
€30,715▼
2023 · €34,688
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,401 | €11,283 | €10,897 | €6,996 | €12,027 | €11,397 | €8,580 | ▼ 24.7% |
| Other operating charges640/8 | - | - | - | €449 | €607 | €814 | €4,581 | ▲ 463% |
| Gross operating margin9900 | €81,530 | €96,743 | €66,635 | €100,535 | €123,787 | €113,634 | €101,275 | ▼ 10.9% |
| Operating profit (loss)9901 | €75,686 | €85,014 | €55,291 | €93,090 | €111,153 | €101,422 | €88,114 | ▼ 13.1% |
| Financial income75/76B | - | - | - | €1 | - | €7,546 | €21,437 | ▲ 184% |
| Recurring financial income75 | - | €2,654 | - | €1 | - | €7,546 | €21,437 | ▲ 184% |
| Financial charges65/66B | - | - | - | €2,747 | €3,372 | €2,855 | €3,725 | ▲ 30.5% |
| Recurring financial charges65 | €1,495 | €1,226 | €1,450 | €2,747 | €3,372 | €2,855 | €3,725 | ▲ 30.5% |
| Profit (loss) for the period before taxes9903 | €74,191 | €86,443 | €53,841 | €90,344 | €107,781 | €106,113 | €105,826 | ▼ 0.3% |
| Income taxes67/77 | €26,447 | €28,713 | €16,266 | €27,279 | €34,125 | €34,688 | €30,715 | ▼ 11.5% |
| Profit (loss) for the period9904 | €47,744 | €57,730 | €37,575 | €63,065 | €73,656 | €71,425 | €75,111 | ▲ 5.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €561 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €47,744 | €57,730 | €37,575 | €63,625 | €73,656 | €71,425 | €75,111 | ▲ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €566,862 | €612,507 | €637,427 | €711,288 | €734,366 | €818,569 | €685,631 | ▼ 16.2% |
| Fixed assets21/28 | €12,114 | €45,566 | €34,669 | €55,248 | €43,221 | €31,823 | €23,244 | ▼ 27.0% |
| Tangible fixed assets22/27 | €12,114 | €45,566 | €34,669 | €55,248 | €43,221 | €31,823 | €23,244 | ▼ 27.0% |
| Land and buildings22 | - | - | - | €21,453 | €18,388 | €15,324 | €12,259 | ▼ 20.0% |
| Plant, machinery and equipment23 | - | - | - | €6,265 | €2,818 | - | - | - |
| Furniture and vehicles24 | - | - | - | €27,530 | €22,015 | €16,500 | €10,985 | ▼ 33.4% |
| Current assets29/58 | €554,748 | €566,941 | €602,758 | €656,040 | €691,145 | €786,746 | €662,388 | ▼ 15.8% |
| Stocks and contracts in progress3 | €1,482 | €1,591 | €1,825 | €1,802 | €2,209 | €1,982 | €2,740 | ▲ 38.3% |
| Stocks30/36 | - | - | - | €1,802 | €2,209 | €1,982 | €2,740 | ▲ 38.3% |
| Amounts receivable within one year40/41 | €36,785 | €15,961 | €27,119 | €1,318 | - | - | - | - |
| Trade receivables40 | - | - | - | €900 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €418 | - | - | - | - |
| Current investments50/53 | - | - | - | - | - | €700,000 | €500,000 | ▼ 28.6% |
| Cash at bank and in hand54/58 | €489,942 | €549,336 | €573,814 | €652,920 | €687,382 | €83,113 | €157,862 | ▲ 89.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,554 | €1,651 | €1,785 | ▲ 8.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €566,862 | €612,507 | €637,427 | €711,288 | €734,366 | €818,569 | €685,631 | ▼ 16.2% |
| Equity10/15 | €496,557 | €554,287 | €542,862 | €605,926 | €679,583 | €582,007 | €351,118 | ▼ 39.7% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €476,557 | €534,287 | €522,862 | €585,926 | €659,583 | €562,007 | €331,118 | ▼ 41.1% |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €10,000 | €10,000 | - | - | - |
| Distributable reserves133 | - | - | - | €575,926 | €649,583 | €562,007 | €331,118 | ▼ 41.1% |
| Provisions and deferred taxes16 | €32,449 | €32,449 | €32,449 | - | - | - | - | - |
| Amounts payable17/49 | €37,856 | €25,772 | €62,116 | €105,362 | €54,783 | €236,562 | €334,513 | ▲ 41.4% |
| Amounts payable within one year42/48 | €37,856 | €25,772 | €62,116 | €105,362 | €54,783 | €236,562 | €334,513 | ▲ 41.4% |
| Trade debts44 | €28,000 | €13,604 | €12,616 | €45,036 | €2,671 | €19,320 | €15,635 | ▼ 19.1% |
| Suppliers440/4 | - | - | - | €45,036 | €2,671 | €19,320 | €15,635 | ▼ 19.1% |
| Taxes, remuneration and social security45 | - | - | - | €25,994 | €17,781 | €22,361 | €90,428 | ▲ 304% |
| Taxes450/3 | - | - | - | €25,994 | €17,781 | €22,361 | €90,428 | ▲ 304% |
| Other amounts payable47/48 | - | - | - | €34,331 | €34,331 | €194,881 | €228,450 | ▲ 17.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,744 | €57,730 | €37,575 | €63,065 | €73,656 | €71,425 | €75,111 | ▲ 5.2% |
| + Depreciation and write-downs630 | €5,401 | €11,283 | €10,897 | €6,996 | €12,027 | €11,397 | €8,580 | ▼ 24.7% |
| Operating cash flow (approximation) | €53,145 | €69,013 | €48,472 | €70,061 | €85,683 | €82,822 | €83,691 | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | -€44,735 | €0 | -€27,575 | €0 | €0 | €0 | - |
| Change in cash | - | €59,394 | €24,478 | €79,106 | €34,462 | -€604,269 | €74,749 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 07-08-2025 | 2025-00364460 |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00145091 |
| 31-12-2022 | micro format | 20-06-2023 | 2023-00140030 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20150815 |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20400077 |
| 31-12-2019 | micro format | 12-06-2020 | 2020-16700352 |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25600321 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26000114 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24100140 |
| 31-12-2015 | abbreviated format | 12-07-2016 | 2016-30600450 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.